Company: LAZ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0001311370-25-000052
Chunk: 51

Company: Lazard, Inc.
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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1,308,218 Deposits with banks and short-term investments217,606 268,684 Restricted cash33,452 32,466 TOTAL CASH AND CASH EQUIVALENTS AND RESTRICTED CASH$1,423,043 $1,609,368 

See notes to condensed consolidated financial statements.7

LAZARD, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS

FOR THE THREE MONTH PERIOD ENDED SEPTEMBER 30, 2025

(UNAUDITED)

(dollars in thousands)

Common StockAdditional Paid-In-CapitalRetained EarningsAccumulatedOtherComprehensiveIncome (Loss),Net of TaxCommon StockHeld By SubsidiariesTotalLazardStockholders’ EquityNoncontrolling InterestsTotal Stockholders’ EquityRedeemable Noncontrolling InterestsShares$Shares$Balance - July 1, 2025112,766,091$1,128 $225,058 $1,477,618 $(268,903)18,408,649$(693,298)$741,603 $44,881 $786,484 $83,578 Comprehensive income (loss):Net income (loss)71,247 71,247(699)70,548 2,952 Other comprehensive income (loss) - net of tax(4,047)(4,047)1 (4,046)Amortization of share-based incentive compensation95,059 95,0591,064 96,123 Dividend equivalents8,311 (8,425)(114)(2,717)(2,831)Common stock dividends ($0.50 per share)(47,179)(47,179)(47,179)Purchase and cancellation of common    stock (a)(19,485)(1)(1,083) (1,084)(1,084)Delivery of common stock in connection with share-based incentive compensation and related tax expense of $2,195(34,333)(539,857)20,370 (13,963)– (13,963)Distribution to noncontrolling    interests, net(1,832)(1,832)LFI Consolidated Funds(8,012)Other(3,594)(3,594)Balance