Company: LAZ
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0001311370-25-000052
Chunk: 54

Company: Lazard, Inc.
Filing Date: 2025-10-27
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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idend equivalents7,633 (7,851)(218)(3,056)(3,274)Common stock dividends ($0.50 per share)(45,092)(45,092)(45,092)Purchase of common stock67,500 (3,112)(3,112)(3,112)Delivery of common stock in connection with share-based incentive compensation and related tax expense of $538(16,784)(367,739)13,650 (3,134)– (3,134)Distributions to noncontrolling interests, net (214)(214)LFI Consolidated Funds(2,041)Balance - September 30, 2024112,766,091 $1,128 $284,091 $1,437,698 $(271,844)22,296,316 $(826,800)$624,273 $55,715 $679,988 $84,467 

See notes to condensed consolidated financial statements.10

LAZARD, INC.

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

FOR THE NINE MONTH PERIOD ENDED September 30, 2024

(UNAUDITED)

(dollars in thousands)

Common StockAdditional Paid-In- CapitalRetained EarningsAccumulatedOtherComprehensiveIncome (Loss), Net of TaxCommon StockHeld By SubsidiariesTotalLazardStockholders’ EquityNoncontrolling InterestsTotal Stockholders’ EquityRedeemableNoncontrollingInterestsShares$Shares$Balance - January 1, 2024112,766,091$1,128 $247,204 $1,402,636 $(289,950)25,340,287$(937,259)$423,759 $58,428 $482,187 $87,675 Comprehensive income (loss):  Net income 193,602 193,602 6,155 199,757 8,655 Other comprehensive income - net of tax18,106 18,106 33 18,139 Amortization of share-based incentive compensation232,998 232,998 2,131 235,129 Dividend equivalents23,896 (24,717)(821)(10,286)(11,107)Common stock dividends ($1.50 per share)(