Company: LAZ
Filing Date: 2025-07-25
Form Type: 10-Q
Source: 0001311370-25-000022
Chunk: 52

Company: Lazard, Inc.
Filing Date: 2025-07-25
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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 (Loss), Net of TaxCommon StockHeld By SubsidiariesTotalLazardStockholders’ EquityNoncontrolling InterestsTotal Stockholders’ EquityRedeemable NoncontrollingInterestsShares$Shares$Balance - April 1, 2024112,766,091 $1,128 $134,573 $1,384,829 $(303,995)22,248,005 $(823,821)$392,714 $55,817 $448,531 $88,475 Comprehensive income (loss):Net income 49,909 49,909 1,683 51,592 461 Other comprehensive loss - net of tax(2,298)(2,298)– (2,298)Amortization of share-based incentive compensation88,438 88,438 909 89,347 Dividend equivalents6,822 (7,019)(197)(2,109)(2,306)Common stock dividends ($0.50 per share)(45,016)(45,016)(45,016)Purchase of common stock491,221 (18,811)(18,811)(18,811)Delivery of common stock in connection with share-based incentive compensation and related tax expense of $117(11,378)(142,815)5,300 (6,078)– (6,078)Distributions to noncontrolling interests, net(765)(765)LFI Consolidated Funds(8,005)Other144(6)(6)(6)Balance - June 30, 2024112,766,091 $1,128 $218,455 $1,382,703 $(306,293)22,596,555 $(837,338)$458,655 $55,535 $514,190 $80,931 

See notes to condensed consolidated financial statements.10

LAZARD, INC.

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

FOR THE SIX MONTH PERIOD ENDED JUNE 30, 2024

(UNAUDITED)

(dollars in thousands)

Common StockAdditional Paid-In- CapitalRetained EarningsAccumulatedOtherComprehensiveIncome (Loss), Net of TaxCommon StockHeld By SubsidiariesTotalLazardStockholders’ EquityNoncontrolling