$LAZ
Lazard, Inc. Stock $laz

$laz Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-Q Financial Statement

#000119312514184963 Filed on May 06, 2014

Income Statement

Concept	2014 Q1	2013 Q1
Revenue	$549.4M	$422.1M
YoY Change	30.16%	-16.67%
Cost Of Revenue	$31.40M	$33.60M
YoY Change	-6.55%	-0.88%
Gross Profit	$517.9M	$388.4M
YoY Change	33.34%	-17.82%
Gross Profit Margin	94.27%	92.03%
Selling, General & Admin	$400.2M	$356.8M
YoY Change	12.16%	-15.57%
% of Gross Profit	77.27%	91.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.859M	$8.059M
YoY Change	9.93%	15.54%
% of Gross Profit	1.71%	2.07%
Operating Expenses	$410.8M	$366.9M
YoY Change	11.97%	-15.6%
Operating Profit	$107.2M	$21.60M
YoY Change	396.27%	-42.9%
Interest Expense	$15.95M	$20.16M
YoY Change	-20.85%	-1.31%
% of Operating Profit	14.88%	93.32%
Other Income/Expense, Net	$9.358M	$9.136M
YoY Change	2.43%	-17.52%
Pretax Income	$107.2M	$21.60M
YoY Change	396.3%	-42.86%
Income Tax	$21.75M	$3.948M
% Of Pretax Income	20.29%	18.28%
Net Earnings	$80.84M	$15.36M
YoY Change	426.32%	-39.89%
Net Earnings / Revenue	14.72%	3.64%
Basic Earnings Per Share	$0.66	$0.13
Diluted Earnings Per Share	$0.61	$0.12
COMMON SHARES
Basic Shares Outstanding	121.8M shares	117.7M shares
Diluted Shares Outstanding	134.0M shares	132.8M shares

Balance Sheet

Concept	2014 Q1	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.005B	$900.7M
YoY Change	11.62%	-17.96%
Cash & Equivalents	$666.6M	$586.1M
Short-Term Investments
Other Short-Term Assets	$64.50M	$60.50M
YoY Change	6.61%	-18.79%
Inventory
Prepaid Expenses
Receivables	$401.0M	$368.7M
Other Receivables	$122.1M	$91.20M
Total Short-Term Assets	$1.529B	$1.361B
YoY Change	12.34%	-16.04%
LONG-TERM ASSETS
Property, Plant & Equipment	$243.0M	$239.6M
YoY Change	1.42%	26.03%
Goodwill	$349.7M	$365.6M
YoY Change	-4.36%	1.39%
Intangibles
YoY Change
Long-Term Investments	$8.552M	$7.012M
YoY Change	21.96%	-98.15%
Other Assets
YoY Change
Total Long-Term Assets	$1.370B	$1.368B
YoY Change	0.16%	6.22%
TOTAL ASSETS
Total Short-Term Assets	$1.529B	$1.361B
Total Long-Term Assets	$1.370B	$1.368B
Total Assets	$2.898B	$2.728B
YoY Change	6.23%	-6.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$350.1M	$246.8M
YoY Change	41.86%	-10.16%
Accrued Expenses	$339.2M	$274.0M
YoY Change	23.8%	30.23%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$691.9M	$526.1M
YoY Change	31.51%	6.05%
LONG-TERM LIABILITIES
Long-Term Debt	$1.064B	$1.093B
YoY Change	-2.71%	-0.32%
Other Long-Term Liabilities	$587.1M	$531.8M
YoY Change	10.4%	17.03%
Total Long-Term Liabilities	$1.651B	$1.625B
YoY Change	1.58%	4.76%
TOTAL LIABILITIES
Total Short-Term Liabilities	$691.9M	$526.1M
Total Long-Term Liabilities	$1.651B	$1.625B
Total Liabilities	$2.343B	$2.151B
YoY Change	8.9%	-0.86%
SHAREHOLDERS EQUITY
Retained Earnings	$242.8M	$197.3M
YoY Change	23.07%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$485.8M	$496.6M
YoY Change
Total Liabilities & Shareholders Equity	$2.898B	$2.728B
YoY Change	6.23%	-6.18%

Cashflow Statement

Concept	2014 Q1	2013 Q1
OPERATING ACTIVITIES
Net Income	$80.84M	$15.36M
YoY Change	426.32%	-39.89%
Depreciation, Depletion And Amortization	$8.859M	$8.059M
YoY Change	9.93%	15.54%
Cash From Operating Activities	$53.80M	-$73.09M
YoY Change	-173.61%	-11.1%
INVESTING ACTIVITIES
Capital Expenditures	$3.153M	$29.20M
YoY Change	-89.2%	8.75%
Acquisitions
YoY Change
Other Investing Activities	$300.0K	$2.600M
YoY Change	-88.46%	62.5%
Cash From Investing Activities	-$2.900M	-$26.57M
YoY Change	-89.08%	5.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$106.9M	$30.17M
YoY Change	254.46%	-57.23%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-227.8M	-148.5M
YoY Change	53.37%	7.12%
NET CHANGE
Cash From Operating Activities	53.80M	-73.09M
Cash From Investing Activities	-2.900M	-26.57M
Cash From Financing Activities	-227.8M	-148.5M
Net Change In Cash	-176.9M	-248.2M
YoY Change	-28.72%	0.85%
FREE CASH FLOW
Cash From Operating Activities	$53.80M	-$73.09M
Capital Expenditures	$3.153M	$29.20M
Free Cash Flow	$50.65M	-$102.3M
YoY Change	-149.52%	-6.21%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q3	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	150000000
CY2012Q3	laz	Duration Of Senior Revolving Credit Facility DurationOfSeniorRevolvingCreditFacility	P3Y
CY2013Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	22805000
CY2013Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-124758000
CY2013Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	577101000
CY2013Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	158809000
CY2013Q1	us-gaap	Goodwill Goodwill	365649000
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	586111000
CY2013Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	111984000
CY2013Q1	laz	Prepaid Compensation Asset PrepaidCompensationAsset	106724000
CY2014Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2014Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	262928000
CY2014Q1	us-gaap	Other Commitment OtherCommitment	0
CY2014Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	556711000
CY2014Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	31324000
CY2014Q1	us-gaap	Restructuring Reserve RestructuringReserve	14826000
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-126383000
CY2014Q1	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	339162000
CY2014Q1	us-gaap	Senior Notes SeniorNotes	1048350000
CY2014Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	555641000
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	485844000
CY2014Q1	us-gaap	Minority Interest MinorityInterest	69797000
CY2014Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2582000
CY2014Q1	us-gaap	Derivative Asset Fair Value Of Collateral DerivativeAssetFairValueOfCollateral	15884000
CY2014Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	219172000
CY2014Q1	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	258000000
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	242818000
CY2014Q1	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments	27156000
CY2014Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	46599000
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2898203000
CY2014Q1	us-gaap	Line Of Credit Facility Amount Outstanding LineOfCreditFacilityAmountOutstanding	0
CY2014Q1	us-gaap	Capital Lease Obligations CapitalLeaseObligations	15246000
CY2014Q1	us-gaap	Other Liabilities OtherLiabilities	587108000
CY2014Q1	us-gaap	Liabilities Liabilities	2342562000
CY2014Q1	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	5330000
CY2014Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2014Q1	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	213438000
CY2014Q1	us-gaap	Other Investments OtherInvestments	343180000
CY2014Q1	us-gaap	Goodwill Goodwill	349716000
CY2014Q1	us-gaap	Derivative Assets DerivativeAssets	275000
CY2014Q1	us-gaap	Alternative Investments Fair Value Disclosure AlternativeInvestmentsFairValueDisclosure	151903000
CY2014Q1	us-gaap	Investments Investments	417295000
CY2014Q1	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	401037000
CY2014Q1	us-gaap	Trading Securities Debt TradingSecuritiesDebt	7806000
CY2014Q1	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	17205000
CY2014Q1	us-gaap	Other Finite Lived Intangible Assets Gross OtherFiniteLivedIntangibleAssetsGross	63804000
CY2014Q1	us-gaap	Assets Assets	2898203000
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	666589000
CY2014Q1	us-gaap	Cash And Securities Segregated Under Federal And Other Regulations CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations	64460000
CY2014Q1	us-gaap	Due From Related Parties DueFromRelatedParties	4185000
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	6433000
CY2014Q1	us-gaap	Equity Method Investments EquityMethodInvestments	8552000
CY2014Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	505905000
CY2014Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	17205000
CY2014Q1	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	57757000
CY2014Q1	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	408210000
CY2014Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	366921000
CY2014Q1	us-gaap	Interest Bearing Deposits In Banks InterestBearingDepositsInBanks	274391000
CY2014Q1	us-gaap	Other Assets OtherAssets	342488000
CY2014Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	523082000
CY2014Q1	us-gaap	Certificates Of Deposit At Carrying Value CertificatesOfDepositAtCarryingValue	533000
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	5181000
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	116874000
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	5591000
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	242977000
CY2014Q1	laz	Guarantor Obligations Collateral Held GuarantorObligationsCollateralHeld	5255000
CY2013Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	15834000
CY2014Q1	laz	Prepaid Compensation Asset PrepaidCompensationAsset	133844000
CY2014Q1	laz	Receivables From Customers And Other ReceivablesFromCustomersAndOther	117860000
CY2014Q1	laz	Stockholders Equity Subtotal Before Common Stock Held By Subsidiary And Noncontrolling Interests StockholdersEquitySubtotalBeforeCommonStockHeldBySubsidiaryAndNoncontrollingInterests	674437000
CY2014Q1	laz	Aggregate Amount In Account Security Arrangement AggregateAmountInAccountSecurityArrangement	17000000
CY2014Q1	laz	Deposits And Other Customer Payables DepositsAndOtherCustomerPayables	350114000
CY2014Q1	laz	Business Acquisition Share Issued For Earn Out Shares Settled BusinessAcquisitionShareIssuedForEarnOutSharesSettled	0	shares
CY2014Q1	laz	Interest Bearing Financing Fee Receivables InterestBearingFinancingFeeReceivables	65241000
CY2014Q1	laz	Aggregate Carrying Amount Noninterest Bearing Trade Receivables AggregateCarryingAmountNoninterestBearingTradeReceivables	457841000
CY2014Q1	laz	Economic Interests Owned By Management Team And Other Investors EconomicInterestsOwnedByManagementTeamAndOtherInvestors	9286000
CY2014Q1	laz	Company Fund Interests Equities Funds CompanyFundInterestsEquitiesFunds	95933000
CY2014Q1	laz	Company Fund Interest Debt Funds CompanyFundInterestDebtFunds	25520000
CY2014Q1	laz	Company Fund Interests In Alternative Investment Funds CompanyFundInterestsInAlternativeInvestmentFunds	8626000
CY2014Q1	laz	Guarantees Indemnifications One GuaranteesIndemnificationsOne	5908000
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	23017000
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-110541000
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	651540000
CY2012Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	97593000
CY2012Q4	us-gaap	Goodwill Goodwill	364328000
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	850190000
CY2012Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	116101000
CY2012Q4	laz	Prepaid Compensation Asset PrepaidCompensationAsset	47445000
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	253930000
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	737899000
CY2013Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	28777000
CY2013Q4	us-gaap	Restructuring Reserve RestructuringReserve	17216000
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-133004000
CY2013Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	523063000
CY2013Q4	us-gaap	Senior Notes SeniorNotes	1048350000
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	629998000
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	560209000
CY2013Q4	us-gaap	Minority Interest MinorityInterest	69789000
CY2013Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	5031000
CY2013Q4	us-gaap	Derivative Asset Fair Value Of Collateral DerivativeAssetFairValueOfCollateral	11384000
CY2013Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	164001000
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	203236000
CY2013Q4	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments	27135000
CY2013Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	45379000
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3011137000
CY2013Q4	us-gaap	Line Of Credit Facility Amount Outstanding LineOfCreditFacilityAmountOutstanding	0
CY2013Q4	us-gaap	Other Liabilities OtherLiabilities	513427000
CY2013Q4	us-gaap	Liabilities Liabilities	2381139000
CY2013Q4	us-gaap	Financial Instruments Sold Not Yet Purchased At Fair Value FinancialInstrumentsSoldNotYetPurchasedAtFairValue	4045000
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2013Q4	us-gaap	Derivative Fair Value Of Derivative Liability DerivativeFairValueOfDerivativeLiability	162422000
CY2013Q4	us-gaap	Other Investments OtherInvestments	400694000
CY2013Q4	us-gaap	Goodwill Goodwill	345453000
CY2013Q4	us-gaap	Derivative Assets DerivativeAssets	682000
CY2013Q4	us-gaap	Alternative Investments Fair Value Disclosure AlternativeInvestmentsFairValueDisclosure	151269000
CY2013Q4	us-gaap	Investments Investments	478105000
CY2013Q4	us-gaap	Accrued Fees And Other Revenue Receivable AccruedFeesAndOtherRevenueReceivable	452535000
CY2013Q4	us-gaap	Trading Securities Debt TradingSecuritiesDebt	8529000
CY2013Q4	us-gaap	Other Intangible Assets Net OtherIntangibleAssetsNet	18424000
CY2013Q4	us-gaap	Other Finite Lived Intangible Assets Gross OtherFiniteLivedIntangibleAssetsGross	63803000
CY2013Q4	us-gaap	Assets Assets	3011137000
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	841482000
CY2013Q4	us-gaap	Cash And Securities Segregated Under Federal And Other Regulations CashAndSecuritiesSegregatedUnderFederalAndOtherRegulations	62046000
CY2013Q4	us-gaap	Due From Related Parties DueFromRelatedParties	7920000
CY2013Q4	us-gaap	Equity Method Investments EquityMethodInvestments	9488000
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	502726000
CY2013Q4	us-gaap	Financial Instruments Owned Corporate Equities At Fair Value FinancialInstrumentsOwnedCorporateEquitiesAtFairValue	59394000
CY2013Q4	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	468101000
CY2013Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	363877000
CY2013Q4	us-gaap	Interest Bearing Deposits In Banks InterestBearingDepositsInBanks	244879000
CY2013Q4	us-gaap	Other Assets OtherAssets	259277000
CY2013Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	512675000
CY2013Q4	us-gaap	Certificates Of Deposit At Carrying Value CertificatesOfDepositAtCarryingValue	516000
CY2013Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue	115533000
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	248796000
CY2013Q4	laz	Prepaid Compensation Asset PrepaidCompensationAsset	60433000
CY2013Q4	laz	Receivables From Customers And Other ReceivablesFromCustomersAndOther	52220000
CY2013Q4	laz	Stockholders Equity Subtotal Before Common Stock Held By Subsidiary And Noncontrolling Interests StockholdersEquitySubtotalBeforeCommonStockHeldBySubsidiaryAndNoncontrollingInterests	809422000
CY2013Q4	laz	Aggregate Amount In Account Security Arrangement AggregateAmountInAccountSecurityArrangement	16900000
CY2013Q4	laz	Deposits And Other Customer Payables DepositsAndOtherCustomerPayables	275434000
CY2013Q4	laz	Business Acquisition Share Issued For Earn Out Shares Settled BusinessAcquisitionShareIssuedForEarnOutSharesSettled	1029006	shares
CY2013Q4	laz	Interest Bearing Financing Fee Receivables InterestBearingFinancingFeeReceivables	69464000
CY2013Q4	laz	Aggregate Carrying Amount Noninterest Bearing Trade Receivables AggregateCarryingAmountNoninterestBearingTradeReceivables	443211000
CY2013Q4	laz	Economic Interests Owned By Management Team And Other Investors EconomicInterestsOwnedByManagementTeamAndOtherInvestors	9787000
CY2013Q4	laz	Company Fund Interests Equities Funds CompanyFundInterestsEquitiesFunds	130481000
CY2013Q4	laz	Company Fund Interest Debt Funds CompanyFundInterestDebtFunds	31515000
CY2013Q4	laz	Company Fund Interests In Alternative Investment Funds CompanyFundInterestsInAlternativeInvestmentFunds	7099000
CY2009Q3	laz	Fair Value Of Contingent Consideration In Relation To Acquisition FairValueOfContingentConsiderationInRelationToAcquisition	61624000
CY2011Q1	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	250000000
CY2011Q1	laz	Share Repurchase Program Expiration Date ShareRepurchaseProgramExpirationDate	December 31, 2012
CY2012Q2	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	125000000
CY2012Q2	laz	Share Repurchase Program Expiration Date ShareRepurchaseProgramExpirationDate	December 31, 2013
CY2011Q4	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	125000000
CY2011Q4	laz	Share Repurchase Program Expiration Date ShareRepurchaseProgramExpirationDate	December 31, 2013
CY2013Q4	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	100000000
CY2013Q4	laz	Share Repurchase Program Expiration Date ShareRepurchaseProgramExpirationDate	December 31, 2015
CY2012Q4	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	200000000
CY2012Q4	laz	Share Repurchase Program Expiration Date ShareRepurchaseProgramExpirationDate	December 31, 2014
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	132815560	shares
CY2013Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	15107356	shares
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2013Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.183	pure
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-73085000
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	117708204	shares
CY2013Q1	us-gaap	Revenues Revenues	422058000
CY2013Q1	us-gaap	Trading Securities Unrealized Holding Gain TradingSecuritiesUnrealizedHoldingGain	8395000
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1143000
CY2013Q1	us-gaap	Interest Income Operating InterestIncomeOperating	1131000
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3275000
CY2013Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	3513000
CY2013Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	402000
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	15360000
CY2013Q1	us-gaap	Asset Management Fees1 AssetManagementFees1	231137000
CY2013Q1	us-gaap	Profit Loss ProfitLoss	17649000
CY2013Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	77560000
CY2013Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-2602000
CY2013Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-776000
CY2013Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-14217000
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	15542000
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	21597000
CY2013Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	-3423000
CY2013Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	2617000
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-12433000
CY2013Q1	us-gaap	Other Income OtherIncome	21686000
CY2013Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-11333000
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	15360000
CY2013Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	1004000
CY2013Q1	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Unrealized Gains Losses Included In Earnings Net FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnobservableInputUnrealizedGainsLossesIncludedInEarningsNet	670000
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	29198000
CY2013Q1	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	-4954000
CY2013Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-14374000
CY2013Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	70712000
CY2013Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	-15681000
CY2013Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	30168000
CY2013Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2289000
CY2013Q1	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	1440000
CY2013Q1	us-gaap	Costs And Expenses CostsAndExpenses	380306000
CY2013Q1	us-gaap	Other Expenses OtherExpenses	9136000
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2132000
CY2013Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	22980000
CY2013Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-1218000
CY2013Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-1464000
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-148532000
CY2013Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-264000
CY2013Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	-12488000
CY2013Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	148000
CY2013Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	30168000
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-264079000
CY2013Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	16774000
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-26567000
CY2013Q1	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	-119000
CY2013Q1	us-gaap	Interest Expense InterestExpense	20155000
CY2013Q1	us-gaap	Trading Securities Unrealized Holding Loss TradingSecuritiesUnrealizedHoldingLoss	1636000
CY2013Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2631000
CY2013Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8059000
CY2013Q1	us-gaap	Restructuring And Related Cost Cost Incurred To Date RestructuringAndRelatedCostCostIncurredToDate	26322000
CY2013Q1	us-gaap	Proceeds From Payments For In Interest Bearing Deposits In Banks ProceedsFromPaymentsForInInterestBearingDepositsInBanks	30635000
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	2211000
CY2013Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	877000
CY2013Q1	us-gaap	Occupancy Net OccupancyNet	29304000
CY2013Q1	us-gaap	Professional Fees ProfessionalFees	8613000
CY2013Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	277739000
CY2013Q1	us-gaap	Business Development BusinessDevelopment	18192000
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3948000
CY2013Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-15895000
CY2013Q1	laz	Weighted Average Number Of Shares Non Contingently Issuable WeightedAverageNumberOfSharesNonContingentlyIssuable	786221	shares
CY2013Q1	laz	Derivative Liability Granted DerivativeLiabilityGranted	72182000
CY2013Q1	laz	Prepaid Compensation Asset Settled PrepaidCompensationAssetSettled
CY2013Q1	laz	Adjustments To Income Relating To Interest Expense And Changes In Net Income Attributable To Noncontrolling Interests From Issuance Of Stock Net Of Tax AdjustmentsToIncomeRelatingToInterestExpenseAndChangesInNetIncomeAttributableToNoncontrollingInterestsFromIssuanceOfStockNetOfTax	182000
CY2013Q1	laz	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Foreign Currency Translation Adjustments FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetForeignCurrencyTranslationAdjustments	-1380000
CY2013Q1	laz	Net Revenue NetRevenue	401903000
CY2013Q1	laz	Investment Banking And Other Advisory Fees InvestmentBankingAndOtherAdvisoryFees	168104000
CY2013Q1	laz	Increase Decrease In Deposits And Other Customer Payables IncreaseDecreaseInDepositsAndOtherCustomerPayables	-13792000
CY2013Q1	laz	Derivative Liability Foreign Currency Translation And Other Adjustments DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments	-111000
CY2013Q1	laz	Fund Administration And Outsourced Services FundAdministrationAndOutsourcedServices	13465000
CY2013Q1	laz	Number Of Shares Common Membership Interests Purchased NumberOfSharesCommonMembershipInterestsPurchased	831157	shares
CY2013Q1	laz	Weighted Average Number Of Shares Outstanding Before Adjustments For Basic And Diluted Shares WeightedAverageNumberOfSharesOutstandingBeforeAdjustmentsForBasicAndDilutedShares	116921983	shares
CY2013Q1	laz	Derivative Liability Amortizations DerivativeLiabilityAmortizations
CY2013Q1	laz	Increase Decrease In Cash And Securities Segregated Under Federal And Other Regulations1 IncreaseDecreaseInCashAndSecuritiesSegregatedUnderFederalAndOtherRegulations1	2812000
CY2013Q1	laz	Increase Decrease In Accrued Compensation And Benefits And Other Liabilities IncreaseDecreaseInAccruedCompensationAndBenefitsAndOtherLiabilities	-146126000
CY2013Q1	laz	Current Year Reclassifications Including Noncontrolling Interests From Accumulated Other Comprehensive Income Current Period Net Of Tax CurrentYearReclassificationsIncludingNoncontrollingInterestsFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	1482000
CY2013Q1	laz	Allowance For Doubtful Accounts Receivable Charge Offs Foreign Currency Translation And Other Adjustments AllowanceForDoubtfulAccountsReceivableChargeOffsForeignCurrencyTranslationAndOtherAdjustments	-360000
CY2014Q1	dei	Trading Symbol TradingSymbol	LAZ
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	LAZARD LTD
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2013Q1	laz	Derivative Liability Settled DerivativeLiabilitySettled	14832000
CY2013Q1	laz	Prepaid Compensation Asset Foreign Currency Translation And Other Adjustments PrepaidCompensationAssetForeignCurrencyTranslationAndOtherAdjustments	-106000
CY2013Q1	laz	Fair Value Transfers Between Level One Level Two And Level Three Amount FairValueTransfersBetweenLevelOneLevelTwoAndLevelThreeAmount	0
CY2013Q1	laz	Derivative Liability Change In Fair Value DerivativeLiabilityChangeInFairValue	-3725000
CY2013Q1	laz	Prepaid Compensation Asset Adjustment To Forfeiture PrepaidCompensationAssetAdjustmentToForfeiture
CY2013Q1	laz	Amortization Grants Of Awards AmortizationGrantsOfAwards	13049000
CY2013Q1	laz	Prepaid Compensation Asset Forfeited PrepaidCompensationAssetForfeited	309000
CY2013Q1	laz	Tax Benefit Expense Associated With Actuary Loss Employee Benefit Plans TaxBenefitExpenseAssociatedWithActuaryLossEmployeeBenefitPlans	1795000
CY2013Q1	laz	Prepaid Compensation Asset Change In Fair Value PrepaidCompensationAssetChangeInFairValue
CY2013Q1	laz	Average Price Per Share Common Membership Interest AveragePricePerShareCommonMembershipInterest	36.30
CY2013Q1	laz	Stock Issued Issuable During Period Value Business Acquisitions Mergers And Amortization StockIssuedIssuableDuringPeriodValueBusinessAcquisitionsMergersAndAmortization	451000
CY2013Q1	laz	Amortization Of Deferred Expenses Stock Units And Interest Rate Hedge AmortizationOfDeferredExpensesStockUnitsAndInterestRateHedge	88074000
CY2013Q1	laz	Derivative Liability Adjustment To Forfeiture DerivativeLiabilityAdjustmentToForfeiture	-648000
CY2013Q1	laz	Distributions To Noncontrolling Interests DistributionsToNoncontrollingInterests	2617000
CY2013Q1	laz	Derivative Liability Forfeited DerivativeLiabilityForfeited	-396000
CY2013Q1	laz	Settlement Of Share Based Incentive Compensation SettlementOfShareBasedIncentiveCompensation	116954000
CY2013Q1	laz	Prepaid Compensation Asset Granted PrepaidCompensationAssetGranted	72182000
CY2013Q1	laz	Stock Issued During Period Value Share Based Compensation And Related Tax Benefit Expense StockIssuedDuringPeriodValueShareBasedCompensationAndRelatedTaxBenefitExpense	116092000
CY2013Q1	laz	Tax Benefit Or Expenses Related To Delivery Of Classa Common Stock In Connection With Share Based Incentive Compensation TaxBenefitOrExpensesRelatedToDeliveryOfClassaCommonStockInConnectionWithShareBasedIncentiveCompensation	862000
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-31
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001311370
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	Segment
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.61
CY2014Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.30
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	134025991	shares
CY2014Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	12249784	shares
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
CY2014Q1	us-gaap	Nature Of Operations NatureOfOperations	<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Organization</i></b></font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 6px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Lazard Ltd, a Bermuda holding company, and its subsidiaries (collectively referred to as “Lazard Ltd”, “Lazard”, “we” or the “Company”), including Lazard Ltd’s indirect investment in Lazard Group LLC, a Delaware limited liability company (collectively referred to, together with its subsidiaries, as “Lazard Group”), is one of the world’s preeminent financial advisory and asset management firms and has long specialized in crafting solutions to the complex financial and strategic challenges of our clients. We serve a diverse set of clients around the world, including corporations, governments, institutions, partnerships and individuals.</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Lazard Ltd indirectly held approximately 99.5% of all outstanding Lazard Group common membership interests as of March 31, 2014 and December 31, 2013. Lazard Ltd, through its control of the managing members of Lazard Group, controls Lazard Group, which is governed by an Operating Agreement dated as of May 10, 2005, as amended (the “Operating Agreement”). LAZ-MD Holdings LLC (“LAZ-MD Holdings”), an entity owned by Lazard Group’s current and former managing directors, held approximately 0.5% of the outstanding Lazard Group common membership interests as of March 31, 2014 and December 31, 2013. Additionally, <font style="WHITE-SPACE: nowrap">LAZ-MD</font> Holdings was the sole owner of the one issued and outstanding share of Lazard Ltd’s Class B common stock (the “Class B common stock”) which provided LAZ-MD Holdings with approximately 0.6% of the voting power but no economic rights in the Company as of March 31, 2014 and December 31, 2013. Subject to certain limitations, LAZ-MD Holdings’ interests in Lazard Group are exchangeable for Lazard Ltd Class A common stock, par value $0.01 per share (“Class A common stock”).</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">Our sole operating asset is our indirect ownership of common membership interests of Lazard Group and our managing member interest of Lazard Group, whose principal operating activities are included in two business segments:</font></p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 6px; MARGIN-TOP: 0px">  </p> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%"><font size="1"> </font></td> <td valign="top" width="2%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">•</font></td> <td valign="top" width="1%"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Financial Advisory, which offers corporate, partnership, institutional, government, sovereign and individual clients across the globe a wide array of financial advisory services regarding mergers and acquisitions (“M&A”) and other strategic matters, restructurings, capital structure, capital raising and various other financial matters, and</font></p> </td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 6px; MARGIN-TOP: 0px">  </p> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%"><font size="1"> </font></td> <td valign="top" width="2%" align="left"><font style="FONT-FAMILY: Times New Roman" size="2">•</font></td> <td valign="top" width="1%"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Asset Management, which offers a broad range of global investment solutions and investment management services in equity and fixed income strategies, alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries and private clients.</font></p> </td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">In addition, we record selected other activities in our Corporate segment, including management of cash, investments and outstanding indebtedness, as well as certain commercial banking activities of Lazard Group’s Paris-based subsidiary Lazard Frères Banque SA (“LFB”).</font></p> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">LFB is a registered bank regulated by the Autorité de Contrôle Prudentiel et de Résolution (“ACPR”). It is engaged primarily in commercial and private banking services for clients and funds managed by Lazard Frères Gestion SAS (“LFG”) and other clients, investment banking activities, including participation in underwritten offerings of securities in France, and asset-liability management.</font></p> </div>
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.66
CY2014Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.203	pure
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	53806000
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	121776207	shares
CY2014Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	5913000
CY2014Q1	us-gaap	Other Income OtherIncome	22228000
CY2014Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	9149000
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	80842000
CY2014Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	583000
CY2014Q1	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Unrealized Gains Losses Included In Earnings Net FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnobservableInputUnrealizedGainsLossesIncludedInEarningsNet	4413000
CY2014Q1	us-gaap	Revenues Revenues	549353000
CY2014Q1	us-gaap	Trading Securities Unrealized Holding Gain TradingSecuritiesUnrealizedHoldingGain	3084000
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	87463000
CY2014Q1	us-gaap	Interest Income Operating InterestIncomeOperating	1419000
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	92074000
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales	4669000
CY2014Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	35917000
CY2014Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax	532000
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	80842000
CY2014Q1	us-gaap	Asset Management Fees1 AssetManagementFees1	253031000
CY2014Q1	us-gaap	Profit Loss ProfitLoss	85429000
CY2014Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	102518000
CY2014Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	-5725000
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1 FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1	-5584000
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	6621000
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	81275000
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	107180000
CY2014Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount	14654000
CY2014Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	-557000
CY2014Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	4312000
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	6645000
CY2014Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	60797000
CY2014Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	5339000
CY2014Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	106935000
CY2014Q1	us-gaap	Payments For Restructuring PaymentsForRestructuring	2390000
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3153000
CY2014Q1	us-gaap	Increase Decrease In Financial Instruments Used In Operating Activities IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities	-61090000
CY2014Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	4587000
CY2014Q1	us-gaap	Costs And Expenses CostsAndExpenses	426220000
CY2014Q1	us-gaap	Other Expenses OtherExpenses	9358000
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	4611000
CY2014Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	23487000
CY2014Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax	-1289000
CY2014Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-1282000
CY2014Q1	us-gaap	Dividends Common Stock DividendsCommonStock	35917000
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-227791000
CY2014Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	-19407000
CY2014Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	9136000
CY2014Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	106935000
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-174893000
CY2014Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	22939000
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-2903000
CY2014Q1	us-gaap	Goodwill Translation And Purchase Accounting Adjustments GoodwillTranslationAndPurchaseAccountingAdjustments	4263000
CY2014Q1	us-gaap	Interest Expense InterestExpense	15953000
CY2014Q1	us-gaap	Trading Securities Unrealized Holding Loss TradingSecuritiesUnrealizedHoldingLoss	2593000
CY2014Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	250000
CY2014Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	384000
CY2014Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases	347000
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8859000
CY2014Q1	us-gaap	Proceeds From Payments For In Interest Bearing Deposits In Banks ProceedsFromPaymentsForInInterestBearingDepositsInBanks	-29370000
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	1925000
CY2014Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1220000
CY2014Q1	us-gaap	Occupancy Net OccupancyNet	28312000
CY2014Q1	us-gaap	Professional Fees ProfessionalFees	7591000
CY2014Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	321565000
CY2014Q1	us-gaap	Business Development BusinessDevelopment	19233000
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	21751000
CY2014Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	1995000
CY2014Q1	laz	Weighted Average Number Of Shares Non Contingently Issuable WeightedAverageNumberOfSharesNonContingentlyIssuable	414997	shares
CY2014Q1	laz	Derivative Liability Granted DerivativeLiabilityGranted	92711000
CY2014Q1	laz	Prepaid Compensation Asset Settled PrepaidCompensationAssetSettled
CY2014Q1	laz	Payments For Other Financing Activities PaymentsForOtherFinancingActivities	332000
CY2014Q1	laz	Adjustments To Income Relating To Interest Expense And Changes In Net Income Attributable To Noncontrolling Interests From Issuance Of Stock Net Of Tax AdjustmentsToIncomeRelatingToInterestExpenseAndChangesInNetIncomeAttributableToNoncontrollingInterestsFromIssuanceOfStockNetOfTax	433000
CY2014Q1	laz	Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Foreign Currency Translation Adjustments FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetForeignCurrencyTranslationAdjustments	79000
CY2014Q1	laz	Investment Banking And Other Advisory Fees InvestmentBankingAndOtherAdvisoryFees	272675000
CY2014Q1	laz	Governing Operating Agreement Date GoverningOperatingAgreementDate	2005-05-10
CY2014Q1	laz	Net Revenue NetRevenue	533400000
CY2014Q1	laz	Share Repurchase Program Expiration Date ShareRepurchaseProgramExpirationDate	December 31, 2015
CY2014Q1	laz	Percentage Of Target Number Of Shares Subject To Each Prsu No Longer Subject To Forfeiture Due To Threshold Level Of Performance Being Achieved PercentageOfTargetNumberOfSharesSubjectToEachPrsuNoLongerSubjectToForfeitureDueToThresholdLevelOfPerformanceBeingAchieved	0.25	pure
CY2014Q1	laz	Increase Decrease In Deposits And Other Customer Payables IncreaseDecreaseInDepositsAndOtherCustomerPayables	71680000
CY2014Q1	laz	Derivative Liability Foreign Currency Translation And Other Adjustments DerivativeLiabilityForeignCurrencyTranslationAndOtherAdjustments	232000
CY2014Q1	laz	Fund Administration And Outsourced Services FundAdministrationAndOutsourcedServices	15454000
CY2014Q1	laz	Number Of Shares Common Membership Interests Purchased NumberOfSharesCommonMembershipInterestsPurchased	2392674	shares
CY2014Q1	laz	Derivative Liability Settled DerivativeLiabilitySettled	45450000
CY2014Q1	laz	Prepaid Compensation Asset Foreign Currency Translation And Other Adjustments PrepaidCompensationAssetForeignCurrencyTranslationAndOtherAdjustments	116000
CY2014Q1	laz	Fair Value Transfers Between Level One Level Two And Level Three Amount FairValueTransfersBetweenLevelOneLevelTwoAndLevelThreeAmount	0
CY2014Q1	laz	Issuance Of Restricted Stock Units In Connection With Dividend Participation Rights IssuanceOfRestrictedStockUnitsInConnectionWithDividendParticipationRights	115297	shares
CY2014Q1	laz	Dividend Equivalents DividendEquivalents	332000
CY2014Q1	laz	Charge To Retained Earnings Pertaining To Issuance Of Restricted Stock Units In Connection With Participation Rights ChargeToRetainedEarningsPertainingToIssuanceOfRestrictedStockUnitsInConnectionWithParticipationRights	5013000
CY2014Q1	laz	Derivative Liability Change In Fair Value DerivativeLiabilityChangeInFairValue	-2626000
CY2014Q1	laz	Prepaid Compensation Asset Adjustment To Forfeiture PrepaidCompensationAssetAdjustmentToForfeiture
CY2014Q1	laz	Adjustment Associated With Class Common Stock Issuable On Non Contingent Basis AdjustmentAssociatedWithClassCommonStockIssuableOnNonContingentBasis
CY2014Q1	laz	Amortization Grants Of Awards AmortizationGrantsOfAwards	20313000
CY2014Q1	laz	Prepaid Compensation Asset Forfeited PrepaidCompensationAssetForfeited	9000
CY2014Q1	laz	Tax Benefit Expense Associated With Actuary Loss Employee Benefit Plans TaxBenefitExpenseAssociatedWithActuaryLossEmployeeBenefitPlans	50000
CY2014Q1	laz	Prepaid Compensation Asset Change In Fair Value PrepaidCompensationAssetChangeInFairValue
CY2014Q1	laz	Average Price Per Share Common Membership Interest AveragePricePerShareCommonMembershipInterest	44.69
CY2014Q1	laz	Stock Issued Issuable During Period Value Business Acquisitions Mergers And Amortization StockIssuedIssuableDuringPeriodValueBusinessAcquisitionsMergersAndAmortization	129000
CY2014Q1	laz	Amortization Of Deferred Expenses Stock Units And Interest Rate Hedge AmortizationOfDeferredExpensesStockUnitsAndInterestRateHedge	83023000
CY2014Q1	laz	Derivative Liability Adjustment To Forfeiture DerivativeLiabilityAdjustmentToForfeiture	-899000
CY2014Q1	laz	Distributions To Noncontrolling Interests DistributionsToNoncontrollingInterests	3928000
CY2014Q1	laz	Derivative Liability Forfeited DerivativeLiabilityForfeited	-2000
CY2014Q1	laz	Settlement Of Share Based Incentive Compensation SettlementOfShareBasedIncentiveCompensation	82021000
CY2014Q1	laz	Prepaid Compensation Asset Granted PrepaidCompensationAssetGranted	92711000
CY2014Q1	laz	Intangible Asset Amortization Attributable To Noncontrolling Interest Percentage IntangibleAssetAmortizationAttributableToNoncontrollingInterestPercentage	0.43	pure
CY2014Q1	laz	Stock Issued During Period Value Share Based Compensation And Related Tax Benefit Expense StockIssuedDuringPeriodValueShareBasedCompensationAndRelatedTaxBenefitExpense	80245000
CY2014Q1	laz	Tax Benefit Or Expenses Related To Delivery Of Classa Common Stock In Connection With Share Based Incentive Compensation TaxBenefitOrExpensesRelatedToDeliveryOfClassaCommonStockInConnectionWithShareBasedIncentiveCompensation	1776000
CY2014Q1	laz	Weighted Average Number Of Shares Outstanding Before Adjustments For Basic And Diluted Shares WeightedAverageNumberOfSharesOutstandingBeforeAdjustmentsForBasicAndDilutedShares	121361210	shares
CY2014Q1	laz	Derivative Liability Amortizations DerivativeLiabilityAmortizations
CY2014Q1	laz	Increase Decrease In Cash And Securities Segregated Under Federal And Other Regulations1 IncreaseDecreaseInCashAndSecuritiesSegregatedUnderFederalAndOtherRegulations1	-2284000
CY2014Q1	laz	Increase Decrease In Accrued Compensation And Benefits And Other Liabilities IncreaseDecreaseInAccruedCompensationAndBenefitsAndOtherLiabilities	-114174000
CY2014Q1	laz	Current Year Reclassifications Including Noncontrolling Interests From Accumulated Other Comprehensive Income Current Period Net Of Tax CurrentYearReclassificationsIncludingNoncontrollingInterestsFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	1289000
CY2014Q1	laz	Allowance For Doubtful Accounts Receivable Charge Offs Foreign Currency Translation And Other Adjustments AllowanceForDoubtfulAccountsReceivableChargeOffsForeignCurrencyTranslationAndOtherAdjustments	-6589000

Files In Submission

Name	View Source	Status
0001193125-14-184963-index-headers.html	Edgar Link	pending
0001193125-14-184963-index.html	Edgar Link	pending
0001193125-14-184963.txt	Edgar Link	pending
0001193125-14-184963-xbrl.zip	Edgar Link	pending
d687179d10q.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
laz-20140331.xml	Edgar Link	completed
laz-20140331.xsd	Edgar Link	pending
laz-20140331_cal.xml	Edgar Link	unprocessable
laz-20140331_def.xml	Edgar Link	unprocessable
laz-20140331_lab.xml	Edgar Link	unprocessable
laz-20140331_pre.xml	Edgar Link	unprocessable
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$LAZ
Lazard, Inc. Stock $laz

2014 Q1 Form 10-Q Financial Statement

#000119312514184963 Filed on May 06, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAZ Lazard, Inc. Stock $laz

2014 Q1 Form 10-Q Financial Statement

#000119312514184963 Filed on May 06, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAZ
Lazard, Inc. Stock $laz