LAZ Stock Cash Flow Statements

Lazard Quarterly Cash Flow Statements Chart

Quarterly

Annual

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Lazard Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30

cash flows from operating activities:
net income	61,317,000	61,989,000	78,296,000	116,135,000	52,053,000	40,224,000	71,494,000	6,774,000	-120,376,000	-15,199,000	57,065,000	122,792,000	91,651,000	120,975,000	211,290,000	115,513,000	124,916,000	90,826,000	194,770,000	76,515,000	73,076,000	58,331,000	79,531,000	48,196,000	73,513,000	96,476,000	113,684,000	108,725,000	148,379,000	161,661,000	-82,954,000	111,470,000	120,901,000	110,430,000	128,987,000	112,618,000	81,364,000	70,723,000	155,341,000	399,790,000	375,155,000	62,646,000	172,805,000	89,920,000	85,909,000	85,429,000	52,796,000	62,748,000	31,921,000	17,649,000	-4,106,000	33,673,000	34,162,000	29,056,000	-8,123,000	67,133,000	71,566,000	59,983,000	111,435,000	70,354,000	53,528,000	-40,894,000	-198,275,000	53,197,000	43,427,000	-86,594,000	37,979,000	-76,957,000	34,317,000	7,799,000	59,125,000	40,267,000	29,296,000	26,354,000	36,596,000	13,158,000	23,545,000	19,686,000	23,934,000	18,603,000
adjustments to reconcile net income to net cash from operating activities:
amortization of deferred expenses and share-based incentive compensation	133,370,000	104,166,000	71,421,000	118,866,000	136,790,000	121,410,000	75,825,000	103,668,000	141,776,000	108,254,000	73,142,000	120,562,000	121,905,000	90,633,000	68,469,000	95,726,000	129,648,000	100,271,000	63,971,000	67,751,000	114,107,000	101,097,000	48,710,000	90,482,000	121,676,000	104,953,000	77,054,000	68,733,000	124,755,000	100,892,000	74,219,000	76,035,000	116,361,000	92,766,000	65,111,000	77,497,000	82,077,000	117,140,000		74,732,000	65,018,000	106,379,000
noncash lease expense	17,668,000	15,844,000	16,904,000	17,079,000	16,546,000	16,278,000	15,911,000	15,132,000	17,354,000	15,155,000	14,578,000	13,559,000	15,398,000	17,089,000	21,515,000	16,267,000	19,032,000	17,210,000	17,749,000	14,522,000	16,954,000	15,489,000	19,785,000	13,548,000	15,339,000	11,381,000
depreciation and amortization of property	8,627,000	8,443,000	8,997,000	8,965,000	9,185,000	9,134,000	10,676,000	10,517,000	10,516,000	11,144,000	10,441,000	10,850,000	10,787,000	10,258,000	10,000,000	9,377,000	9,577,000	9,361,000	9,379,000	8,402,000	8,328,000	8,986,000	10,715,000	8,610,000	8,061,000	8,186,000	8,800,000	8,627,000	8,442,000	8,234,000	8,289,000	7,838,000	7,709,000	7,662,000	8,678,000	7,956,000	8,241,000	8,389,000	8,534,000	8,351,000	8,024,000	7,876,000	8,132,000	8,676,000	8,797,000	8,859,000	9,285,000	8,872,000	8,534,000	8,059,000	8,383,000	7,672,000	7,825,000	6,975,000	6,404,000	6,356,000	5,904,000	5,916,000	6,581,000	6,009,000	4,901,000	5,221,000	5,760,000				5,487,000	5,150,000	5,029,000	5,159,000	5,043,000	4,163,000	3,963,000	3,565,000	3,598,000	3,714,000	3,544,000	3,426,000
deferred tax benefit	8,254,000	-26,088,000		-19,534,000
other adjustments	22,000	-5,204,000
increase in operating assets and increase in operating liabilities:
receivables-net	-35,217,000	88,373,000	-89,389,000	54,291,000	24,827,000	6,694,000	-118,971,000	36,549,000	25,610,000	-43,689,000	97,512,000	-3,106,000	61,499,000	-15,160,000	-108,062,000	110,435,000	-76,496,000	-7,486,000	-158,192,000	84,147,000	-58,070,000	59,961,000	28,826,000	26,386,000	-5,531,000	-13,989,000	-49,476,000	72,269,000	-59,122,000	-95,308,000	-16,523,000	110,272,000	-112,816,000	115,043,000	-112,536,000	-43,713,000	11,877,000	-11,757,000	-1,246,000	-4,632,000	103,344,000	-64,321,000	-63,218,000	16,501,000	-20,334,000	-9,149,000	25,390,000	-644,000	-66,205,000	11,333,000	8,042,000	5,698,000	28,871,000	-11,454,000	89,834,000	-81,158,000	5,352,000	47,125,000				-78,128,000	-138,482,000	13,119,000	-103,958,000	286,997,000	478,270,000	28,240,000	-254,493,000	96,391,000
investments	-122,685,000	96,393,000	6,314,000	-23,614,000	27,808,000	62,208,000	-44,296,000	11,947,000	47,615,000	-160,276,000	-58,250,000	123,739,000	68,300,000	44,236,000	-97,634,000	-70,364,000	-88,061,000	-202,534,000	-197,521,000	-7,582,000	-16,778,000	23,325,000	11,269,000	36,331,000	47,388,000	-40,160,000	33,703,000	-104,544,000	-154,122,000	74,124,000	995,000	-2,527,000	-36,525,000	66,979,000	-8,146,000	28,356,000	-34,827,000	86,169,000	29,961,000	-18,476,000	-66,003,000	118,677,000	-80,287,000	-18,421,000	-121,489,000	61,090,000	-6,982,000	-17,018,000	-42,456,000	4,954,000	25,039,000	3,182,000	-61,004,000	2,687,000	-39,584,000	84,291,000	-26,527,000	13,363,000	-11,907,000	-21,590,000	-12,715,000	-4,597,000	5,362,000	-34,527,000	-41,773,000	35,470,000	64,145,000	98,955,000	40,359,000	313,829,000
other assets	-17,059,000	19,300,000	22,034,000	12,749,000	-11,893,000	-88,231,000	-22,514,000	-20,105,000	2,665,000	-7,717,000	16,868,000	-9,887,000	-35,990,000	-26,435,000	536,000	-11,419,000	-6,393,000	-16,134,000	161,419,000	7,919,000	4,136,000	-172,121,000	-3,138,000	-20,822,000	-23,515,000	-84,225,000	5,750,000	-13,278,000	6,321,000	-137,635,000	-9,497,000	17,125,000	-15,152,000	-73,026,000	6,167,000	-9,192,000	-5,994,000	-46,592,000	15,764,000	-8,281,000	4,140,000	-101,761,000	-7,810,000	-9,395,000	8,135,000	-102,518,000	21,167,000	9,488,000	-13,826,000	-77,560,000	-8,234,000	5,207,000	-7,133,000	-52,523,000	2,619,000	-76,504,000	23,959,000	-11,722,000	23,640,000	-31,585,000	-4,245,000	656,000	12,071,000	-2,428,000	17,540,000	-1,604,000	29,449,000	-3,022,000	-22,280,000	-20,553,000	668,000	-11,211,000	-18,202,000	-14,032,000	-14,659,000	880,000	-9,182,000	-5,729,000	-1,207,000
accrued compensation and benefits and other liabilities	-4,617,000	-580,742,000	211,706,000	123,000,000	-77,304,000	-244,935,000	337,250,000	-147,888,000	222,800,000	-359,848,000	117,410,000	43,571,000	-52,198,000	-481,402,000	307,635,000	122,421,000	-11,368,000	-144,542,000	212,485,000	-3,692,000	1,576,000	-263,012,000	123,188,000	45,927,000	-3,380,000	-256,048,000	208,888,000	78,992,000	22,914,000	-157,941,000	105,066,000	95,130,000	60,825,000	-242,052,000	166,269,000	85,506,000	41,574,000	-354,436,000	130,609,000	104,122,000	8,098,000	-221,990,000	121,396,000	142,660,000	29,350,000	-114,174,000	101,333,000	40,342,000	39,680,000	-146,126,000	126,776,000	72,081,000	46,540,000	-174,391,000	64,400,000	135,881,000	-64,694,000	-302,122,000	164,010,000	109,576,000	1,552,000	-302,608,000	273,589,000	89,948,000	36,967,000	-136,801,000	16,327,000	105,654,000	-91,752,000	-393,203,000	192,288,000
net cash from in operating activities
cash flows from investing activities:
additions to property	-11,686,000	-13,824,000	-14,873,000	-17,564,000	-6,442,000	-6,619,000	-8,792,000	-7,515,000	-7,378,000	-4,612,000	-24,525,000	-5,289,000	-6,187,000	-13,510,000	-14,408,000	-7,920,000	-9,872,000	-7,498,000	-30,076,000	-9,313,000	-12,886,000	-12,011,000	-2,088,000	-22,605,000	-12,193,000	-5,871,000	-10,250,000	-7,300,000	-15,885,000	-16,158,000	-12,207,000	-6,055,000	-5,561,000	-3,847,000	-16,679,000	-10,952,000	-5,664,000	-5,454,000	-8,150,000	-5,041,000	-9,383,000	-4,055,000	-8,023,000	-8,331,000	-2,677,000	-3,153,000	-6,620,000	-12,997,000	-12,149,000	-29,198,000	-17,579,000	-22,781,000	-22,093,000	-26,848,000	-29,161,000	-11,601,000	-3,722,000	-1,954,000	-3,309,000	-4,608,000	-3,021,000	-2,444,000	-3,334,000	-4,448,000	-1,573,000	-2,558,000	-6,065,000	-2,851,000	-6,407,000	-3,186,000	-5,917,000	-3,467,000	-3,657,000	-3,400,000	-4,910,000	-1,921,000	-1,660,000	-1,672,000	-4,531,000
disposals of property					1,916,000	12,000	138,000	252,000	98,000	2,000	301,000	59,000	211,000	2,000	-57,000	97,000	-26,000	628,000	1,196,000	16,000	66,000	69,000	411,000	13,000	15,000	70,000	2,019,000	38,000	96,000	1,231,000	467,000	90,000	58,000	135,000	230,000	707,000	55,000	104,000	206,000	135,000	292,000	44,000	1,062,000	673,000	100,000	250,000	568,000	104,000	3,108,000	2,631,000	2,210,000	105,000	444,000	1,609,000	808,000	154,000	155,000	44,000	131,000	47,000	115,000	139,000	-313,000	91,000	-111,000	916,000	273,000	42,000	397,000	31,000	120,000
purchase of investments
other investing activities	-14,635,000	-8,869,000
net cash from investing activities	-26,321,000	-22,693,000	34,257,000	209,298,000	-102,876,000	-6,607,000	-8,654,000	-7,263,000	-7,280,000	-15,126,000	-24,224,000	-12,730,000	-5,976,000	-13,508,000	-14,465,000	-7,823,000	-9,898,000	-6,870,000	-28,880,000	-9,297,000	-12,820,000	-11,942,000	-1,677,000	-22,592,000	-12,178,000	-5,801,000	-8,231,000	-7,262,000	-15,789,000	-14,927,000	-11,740,000	-5,965,000	-5,503,000	-3,712,000	-16,449,000	-10,245,000	-5,609,000	-5,350,000	-7,944,000	-4,906,000	-9,091,000	-4,011,000	-6,961,000	-7,658,000	-2,577,000	-2,903,000	-6,052,000	-12,893,000	-9,041,000	-26,567,000		-22,676,000	-21,649,000	-25,239,000		-11,447,000	-3,567,000	-1,910,000		14,232,000	21,977,000	77,035,000	18,507,000	-139,865,000	31,041,000	-6,241,000	-9,570,000	-1,051,000	-4,989,000	-136,318,000	-78,707,000	-138,703,000	-2,235,000	-3,176,000	-3,541,000	-1,926,000	-1,286,000	-1,439,000	-2,598,000
cash flows from financing activities:
proceeds from (payments for) customer deposits	29,085,000	6,197,000	-5,874,000	-53,450,000
proceeds from:
issuance of senior debt, net of expenses			-49,000	0	10,000	396,000,000																	0	157,000	0	491,875,000	0												0	0	0	396,272,000
contributions from noncontrolling interests	1,261,000	100,000	422,000	1,757,000	51,000	181,000	829,000	1,068,000	130,000	50,000	126,000	180,000	17,000	191,000	-79,000	97,000			332,000	66,000	0	25,000	572,000	0	197,000	996,000	1,153,000	37,000							0	0	0	93,000	7,000	211,000	0	57,000	430,000	665,000	53,000	384,000								704,000
payments for:
extinguishment of senior debt			-166,076,000	0	0	-233,073,000
distributions to noncontrolling interests	-108,000	-4,000	2,154,000	-1,971,000	-816,000	-1,189,000	-734,000	-1,007,000	-2,019,000	-2,042,000	-4,989,000	-17,600,000	-4,988,000	-4,474,000	-3,667,000	-4,994,000	-1,717,000	-1,020,000	-940,000	-102,000	-408,000	-1,411,000	-4,347,000	-1,102,000	-7,196,000	-615,000	-2,657,000	-5,172,000	-3,609,000	-1,451,000	-2,134,000	-1,316,000	-742,000	-1,001,000	-1,145,000	-258,000	-284,000	-424,000	-929,000	-3,427,000	-6,099,000	-5,841,000	-4,276,000	-3,275,000	-1,595,000	-4,312,000	-4,139,000	-2,623,000	-4,988,000	-2,617,000	-10,368,000	-3,937,000	10,499,000	-23,961,000	-12,303,000	-13,397,000	-5,148,000	-2,886,000	-17,272,000	-10,824,000	-4,417,000	-5,074,000	-5,232,000	-4,694,000	-6,066,000	-35,273,000
tax receivable agreement			-1,000	0			0	0	-17,000	-32,191,000
purchase of common stock	-3,763,000	-36,165,000	-15,572,000	-3,112,000	-18,811,000	-22,005,000
common stock dividends	-47,074,000	-44,950,000	-45,194,000	-45,092,000	-45,016,000	-43,715,000																																																																								-3,375,000	-3,375,000
settlement of share-based incentive compensation in satisfaction of tax withholding requirements	-9,234,000	-93,780,000	-155,000	-2,596,000	-5,961,000	-55,632,000	-605,000	-5,215,000	-3,544,000	-45,165,000	-659,000	-2,518,000	-734,000	-58,005,000
lfi consolidated funds redemptions	-7,289,000	-14,368,000	3,467,000	-3,933,000	-8,924,000	-26,217,000	1,578,000	-5,027,000	-10,223,000	-21,566,000	1,276,000	1,923,000	-2,243,000	-10,976,000
other financing activities	-2,852,000	-8,604,000	-6,995,000	-3,274,000	-2,220,000	-6,678,000	-2,266,000	-2,977,000	-2,099,000	-5,110,000	-56,000	-4,091,000	-1,835,000	-4,915,000	12,989,000	-3,934,000	-3,133,000	-14,302,000	-6,636,000	-1,736,000	-1,711,000	-1,869,000	-1,423,000	-1,447,000	-1,640,000	-3,057,000	-820,000	-828,000	-914,000	-3,767,000	-911,000	-1,103,000	-1,023,000	-7,947,000	-6,034,000	22,514,000	9,618,000	-1,614,000	-363,000	-374,000	-469,000	-1,155,000	-327,000	-21,754,000	20,332,000	-332,000	-125,000	-62,000			-121,000	-109,000	38,000	-28,000	-28,000	-35,074,000	314,000	1,374,000	26,674,000	1,084,000	5,571,000	-17,000	-4,000	-14,139,000			-134,000	-6,000	0	359,000	0	-19,000
net cash from financing activities	-39,974,000	-191,574,000	-233,873,000	-111,671,000	-192,612,000	98,487,000	-150,273,000	-176,733,000	-171,773,000	-1,072,415,000	-781,203,000	-538,658,000	-42,931,000	-19,243,000	-125,436,000	120,457,000	-43,704,000	244,519,000	-162,933,000	-70,461,000	-3,779,000	-310,178,000	-255,383,000	-101,399,000	-180,840,000	93,572,000	-270,423,000	103,505,000	27,602,000	-586,788,000	-106,928,000	-121,252,000	-142,343,000	-369,870,000	69,213,000	-61,668,000	-156,792,000	-337,705,000	-70,227,000	-135,739,000	-86,812,000	-454,026,000	-39,273,000	-112,133,000	-56,172,000	-227,791,000	-213,192,000	-66,598,000	-58,750,000	-148,532,000	-215,804,000	-108,508,000	-100,254,000	-138,654,000	-67,625,000	-230,252,000	-122,546,000	-131,936,000	-52,111,000	-122,042,000	-56,033,000	-47,700,000	-17,568,000	-42,137,000	-54,831,000	-51,026,000	-147,718,000	-74,832,000	-86,861,000	-127,604,000	-14,495,000	-106,433,000	407,083,000	-42,885,000	342,452,000	-18,550,000	-55,763,000	-38,250,000	-4,592,000
effect of exchange rate changes on cash and cash equivalents and restricted cash	57,141,000	30,207,000	-67,609,000	37,940,000	-952,000	-22,225,000	35,539,000	-22,618,000	1,812,000	15,705,000	167,789,000	-145,947,000	-156,145,000	-51,822,000	-43,966,000	-55,292,000	16,791,000	-79,205,000	95,393,000	76,105,000	37,980,000	-61,851,000	64,506,000	-83,786,000	21,039,000	-29,740,000	-23,291,000	-19,593,000	-96,168,000	49,406,000
net decrease in cash and cash equivalents and restricted cash	40,526,000	-401,586,000			-120,199,000	-20,331,000		-173,126,000	23,755,000	-1,483,254,000										252,057,000	177,053,000	-539,947,000		28,067,000	71,837,000	-103,220,000				-591,018,000
cash and cash equivalents and restricted cash— january 1	0	1,609,368,000	0	0	0	1,224,983,000	0	0	0	2,639,400,000	0	0	0	3,430,014,000	0	0	0	2,568,827,000	0	0	0	2,455,559,000
cash and cash equivalents and restricted cash—june 30
net cash from operating activities		-217,526,000	362,854,000	293,719,000	176,241,000	-89,986,000	341,596,000	33,488,000	200,996,000	-411,418,000	314,323,000	434,560,000	298,631,000	-213,530,000	452,855,000	398,147,000	138,417,000	-123,340,000	320,525,000	255,710,000	155,672,000	-155,976,000	359,544,000	235,844,000	243,816,000	-161,251,000	407,578,000	226,684,000	103,485,000	-38,709,000	337,380,000	399,675,000	184,004,000	94,383,000	302,162,000	280,854,000	118,162,000	-99,891,000	367,902,000	308,092,000	176,334,000	34,968,000	320,595,000	285,780,000	75,836,000	53,806,000	358,830,000	154,309,000	86,643,000	-73,085,000	242,082,000	205,337,000	116,696,000	-82,207,000	116,182,000	266,753,000	84,553,000	-69,686,000	122,160,000	138,048,000	139,437,000	-230,847,000	116,880,000	75,018,000	73,228,000	-20,351,000	346,623,000	100,446,000	120,564,000	-61,743,000	192,299,000	175,811,000	-56,704,000	-239,676,000	90,678,000	108,209,000	89,829,000	-50,677,000	136,216,000	72,804,000
cash and cash equivalents and restricted cash—march 31		1,207,782,000				1,204,652,000																				2,188,665,000				1,863,788,000
currency translation adjustment reclassification							-331,000				-233,000	138,000			15,000	51,000
deferred tax provision						-12,836,000	19,676,000	13,570,000	-154,549,000	40,235,000	-13,016,000	12,327,000	17,137,000	26,261,000	36,877,000	10,125,000	13,968,000	29,673,000	16,468,000	7,270,000	11,888,000	11,522,000	31,285,000	-13,836,000	2,961,000	4,462,000	18,099,000	6,488,000	14,401,000	6,398,000	450,464,000	10,763,000	22,416,000	17,520,000	14,476,000	24,025,000	13,573,000	11,586,000	-44,126,000	138,660,000
benefit pursuant to tax receivable agreement							-3,459,000	0	0	-40,435,000
gain on sale of owned office building
impairment of equity method investments and other receivables							0	0	0	22,981,000
impairment of assets associated with cost-saving initiatives							240,000	1,071,000
loss on lgac liquidation							0	0	0	17,929,000
proceeds from sale of property			0
purchase of equity method investment			0
purchase of debt securities			0
proceeds from sales and maturities of debt securities			50,000,000
other disposals of property			115,000
acquisition of business, net of cash acquired							0	0	0	-10,516,000
distribution to redeemable noncontrolling interests in connection with lgac redemption							0	0	0	-585,891,000
net increase in cash and cash equivalents and restricted cash			95,629,000								-323,315,000	-262,775,000	93,579,000	-298,103,000	268,988,000	455,489,000	101,606,000	35,104,000									105,633,000	303,334,000
cash and cash equivalents and restricted cash— december 31
amortization and other acquisition-related costs				53,000	68,000	68,000	95,000	96,000	95,000	48,000									436,000	458,000	455,000	446,000				3,470,000				866,000	4,511,000	172,000	1,257,000	3,574,000	33,410,000
gain on sale of property
cash and cash equivalents and restricted cash—september 30
customer deposits						90,815,000	-105,367,000	-117,179,000	-110,428,000	-239,051,000	-654,404,000	-233,250,000	212,268,000	302,342,000	55,031,000	232,298,000	122,278,000	-58,739,000	-105,196,000	-18,892,000	51,694,000	-70,652,000	-133,397,000	30,664,000	128,859,000	185,871,000	32,101,000	9,766,000	170,535,000	-100,341,000
lgac ipo															0	0	0	575,000,000
lgac ipo underwriting fees and other offering costs
purchase of class a common stock							0	-2,954,000	-172,000	-98,925,000	-79,530,000	-236,990,000	-199,388,000	-175,797,000	-119,956,000	-52,448,000	-111,093,000	-122,652,000	0	0	0	-95,227,000	-64,406,000	-78,569,000	-159,615,000	-192,097,000	-246,281,000	-82,796,000	-77,846,000	-145,949,000	-54,203,000	-67,646,000	-78,844,000	-106,048,000	-71,352,000	-34,136,000	-111,589,000	-83,140,000	-13,301,000	-41,738,000	-34,770,000	-82,963,000	0	-50,340,000	-35,382,000	-106,935,000	-54,543,000	-27,487,000	-20,279,000	-30,168,000	-131,785,000	-70,266,000	-81,873,000	-70,540,000	-46,218,000	-32,380,000	-93,548,000	-32,689,000	-43,665,000	-83,583,000	-21,753,000	-980,000	0												0	0
class a common stock dividends							-43,708,000	-43,442,000	-43,401,000	-42,524,000	-42,966,000	-46,238,000	-46,012,000	-46,664,000	-48,351,000	-48,629,000	-49,523,000	-49,441,000	-49,365,000	-49,341,000	-49,133,000	-48,759,000	-49,365,000	-50,235,000	-51,922,000	-103,402,000	-51,789,000	-52,622,000	-52,844,000	-202,384,000	-49,157,000	-49,866,000	-50,163,000	-192,264,000	-46,812,000	-47,241,000	-47,703,000	-194,382,000	-43,925,000	-44,124,000	-44,245,000	-158,390,000	-36,649,000	-36,611,000	-37,064,000	-35,917,000	-60,689,000	-30,593,000			-68,889,000	-23,208,000	-23,847,000	-19,164,000	-19,163,000	-18,554,000	-18,740,000	-14,115,000	-13,867,000	-13,692,000	-12,231,000	-10,791,000	-10,235,000	-9,777,000	-6,744,000	-6,695,000	-6,872,000	-6,321,000	-4,885,000	-4,978,000	-4,496,000	-4,553,000	-4,630,000	-4,629,000	-3,365,000	-3,365,000
cash and cash equivalents and restricted cash— march 31										1,156,146,000				3,131,911,000				2,603,931,000				1,915,612,000
amortization of intangible assets related to acquisitions											15,000	15,000	15,000	15,000		15,000	15,000	15,000																			330,000	644,000	2,420,000	511,000	1,857,000	1,033,000	441,000	4,020,000	706,000	1,220,000	7,356,000	877,000	1,004,000	877,000	2,187,000	2,494,000	2,560,000	1,118,000	7,019,000	1,716,000	1,706,000	1,474,000	2,609,000	1,719,000							344,000	507,000	2,525,000	1,220,000
other
payments under tax receivable agreement											-1,000	-74,000	-16,000	-20,945,000	0	0	0	-10,215,000	0	0	103,000	-25,557,000	-14,000	0	-13,000	-23,674,000	-1,243,000	0	-52,000	-31,845,000	0	-13,000	-40,000	-736,000	0	0	0	-10,086,000	0
payments of lgac ipo underwriting fees and other offering costs															0	0	-44,000	-9,308,000
cash and cash equivalents and restricted cash— september 30
reconciliation of cash and cash equivalents and restricted cash within the condensed consolidated statements of financial condition:
cash and cash equivalents												92,630,000	29,305,000	878,167,000		204,873,000	5,203,000	974,696,000		212,902,000	103,366,000	793,477,000		39,780,000	-92,132,000	1,011,353,000		287,228,000	-117,113,000	962,280,000
deposits with banks and short-term investments												-359,447,000	62,442,000	1,638,519,000		249,610,000	97,202,000	1,014,145,000		38,178,000	74,802,000	1,080,737,000		-12,232,000	163,510,000	1,138,010,000		15,210,000	137,797,000	862,865,000	-258,654,000	114,804,000	-140,287,000	-146,251,000	90,874,000	135,858,000	-290,508,000	19,498,000	-122,987,000	11,491,000	-60,796,000	-35,081,000	27,170,000
restricted cash												4,042,000	1,832,000	615,225,000		1,006,000	-799,000	615,090,000
total cash and cash equivalents and restricted cash												-262,775,000	93,579,000	3,131,911,000		455,489,000	101,606,000	2,603,931,000		252,057,000	177,053,000	1,915,612,000		28,067,000	71,837,000	2,188,665,000		303,334,000	19,130,000	1,863,788,000
cash and cash equivalents and restricted cash— june 30
loss on extinguishment of debt																							0	0	2,262,000	4,243,000	0												0	0	0	60,219,000
senior debt																							0	0	-84,078,000	-171,668,000	0												0	0	0	-509,098,000																									-41,437,000	0
settlement of share-based incentive compensation																-1,933,000	-788,000	-64,804,000	-1,128,000	-456,000	-4,324,000	-66,728,000	-3,003,000	-867,000	-5,432,000	-90,657,000
cash deposited with clearing organizations and other segregated cash																				977,000	-1,115,000	41,398,000		519,000	459,000	39,302,000		896,000	-1,554,000	38,643,000	-32,000	-546,000	-59,000	-4,533,000	5,652,000	-1,582,000	223,000	1,474,000	-504,000	-1,025,000	13,982,000	-5,544,000	26,000	20,961,000	-3,047,000	-2,284,000	-1,480,000	3,049,000	430,000	2,812,000	-2,001,000	18,197,000	-7,707,000	3,124,000	-12,166,000	29,419,000	673,000	-1,518,000	-68,181,000	-2,634,000	-2,299,000	109,000	-737,000
amortization and other acquisition-related (benefits) costs																							9,876,000	1,022,000			-2,429,000	-5,851,000
cash and cash equivalents and restricted cash—january 1																								0	0	2,291,885,000		0	0	2,454,806,000
gain on acquisition of portion of business already owned
excess tax benefits from share-based incentive compensation																																			1,728,000	3,000	-380,000	2,720,000	3,784,000	0	0	9,516,000	3,641,000	-417,000	0	1,925,000	-1,103,000	0	0	2,211,000					-1,462,000	0
capital lease obligations																											-11,000	-40,000	-9,000	-8,000	-8,000	-9,000	-6,924,000	-396,000	-385,000	-399,000	-418,000	-417,000	-391,000	-416,000	-480,000	-539,000	-433,000	-570,000	-585,000	-583,000	-567,000	-550,000	-538,000	-1,004,000	-641,000	-542,000	-596,000	-740,000	-722,000	-203,000	-722,000	-675,000	-774,000	-530,000	-521,000	-575,000	-896,000	-419,000	-827,000	-838,000	-778,000	-696,000	-843,000	-778,000
increase in operating assets:
increase in operating liabilities:
settlement of vested share-based incentive compensation																												-267,000	-8,175,000	-101,043,000	-515,000	-1,299,000	-4,607,000	-61,478,000	-516,000	-1,398,000	-3,709,000	-50,455,000	-15,109,000	-2,373,000	-749,000	-101,885,000	-1,659,000	-1,257,000	-505,000	-82,021,000	-6,987,000	-5,764,000	-2,828,000	-116,954,000	-4,197,000	-11,265,000	-4,496,000	-24,925,000	-1,413,000	-1,702,000	-7,619,000	-83,016,000	-2,629,000
gain on disposal of subsidiaries																																							0	0
deposits and other payables																															264,042,000	-140,861,000	159,374,000	146,271,000	-87,260,000	-137,338,000	210,232,000	-2,729,000	119,793,000	23,641,000	-25,261,000	106,835,000	58,378,000	-100,419,000	63,469,000	71,680,000	-18,937,000	-106,479,000	134,429,000	-13,792,000	1,785,000	-88,452,000	77,693,000	-17,602,000	-40,954,000	90,769,000	-61,459,000	-51,497,000	-36,991,000	87,162,000	-37,180,000	33,759,000	31,081,000	-107,041,000	42,873,000	-216,690,000	-310,599,000	-128,997,000	311,944,000	-146,476,000	-76,550,000	64,555,000	-12,560,000	-400,914,000	442,047,000	-126,163,000
partial extinguishment of tax receivable agreement obligation																																							0
effect of exchange rate changes on cash																															11,114,000	25,913,000	28,026,000	11,869,000	-50,028,000	-1,508,000	-10,631,000	12,187,000	-17,632,000	-8,635,000	14,405,000	-37,175,000	-28,365,000	-29,896,000	815,000	1,995,000	13,529,000	12,064,000	-3,478,000	-15,895,000	6,341,000	7,549,000	-9,241,000	7,995,000	-6,307,000	-19,172,000	9,638,000	9,771,000	-6,266,000	19,761,000	-12,056,000	-11,710,000	4,436,000	6,074,000	19,947,000	-5,490,000	-54,576,000	-8,279,000	852,000	-1,081,000	-2,375,000	-589,000	-1,335,000	-1,519,000	9,602,000	204,000	5,403,000	2,229,000	-8,700,000
net increase in cash and cash equivalents																															229,826,000																																								96,722,000	-69,914,000			439,191,000	87,937,000			120,326,000	51,199,000
cash and cash equivalents—january 1																															0	0	0	1,158,785,000	0	0	0	1,132,083,000	0	0	0	1,066,580,000	0	0	0	841,482,000	0	0	0	850,190,000	0	0	0	1,003,791,000	0	0	0	1,209,695,000					0	0	0	909,707,000	0	0	0	1,055,844,000	0	0	0	969,483,000	0	0	0	492,309,000	0	0
cash and cash equivalents—december 31
supplemental disclosures of cash flow information:
cash paid during the year for:
interest
income taxes, net of refunds
cash and cash equivalents—september 30
net decrease in cash and cash equivalents																																	64,184,000	-267,330,000		207,433,000	-54,870,000	-430,759,000		158,812,000	94,836,000	-460,244,000		136,093,000	17,902,000	-174,893,000	153,115,000	86,882,000	15,374,000	-264,079,000		81,702,000	-14,448,000	-238,105,000		5,882,000	-31,922,000	-193,761,000		49,999,000	93,325,000	-213,222,000		-100,910,000	69,385,000	-83,108,000				-326,746,000				-287,256,000				-88,137,000
cash and cash equivalents—june 30
cash and cash equivalents—march 31																																		891,455,000				701,324,000				606,336,000				666,589,000				586,111,000				765,686,000				1,015,934,000								826,599,000				729,098,000				682,227,000				404,172,000
provision pursuant to tax receivable agreement																																							0	-420,792,000
amortization of deferred expenses, share-based incentive compensation and interest rate hedge																																											67,934,000	69,856,000	75,017,000	83,023,000	70,679,000	72,452,000	78,831,000	88,074,000	107,939,000	79,729,000	79,146,000	93,937,000	72,073,000	63,500,000	64,600,000	100,113,000	58,392,000
deposits with banks																																													-50,677,000	-29,370,000	33,012,000	80,622,000	-85,699,000	30,635,000	-19,271,000	65,856,000	-84,257,000	36,866,000	-32,554,000	-36,479,000	63,473,000	69,199,000
gain on extinguishment of debt																																																															0	0	0	-258,000
contribution from noncontrolling interests																																															27,000	481,000				760,000				2,841,000	96,000	884,000		1,005,000	0	2,000,000
senior and subordinated debt																																																							0
repurchase of common membership interests from members of laz-md holdings																																																							0	0	0	-794,000	-2,176,000								0
supplemental investing non-cash transaction:
class a common stock issued/issuable in connection with business acquisitions																																																							0
noncash items included in net income:
investment losses
(gain) loss on extinguishment of debt																																																												0
distributions relating to equity method investments
proceeds from sales of held-to-maturity securities
proceeds from sales and maturities of available-for-sale securities																																																											169,450,000	18,793,000	23,765,000	29,021,000	39,005,000
net cash from (used) in investing activities
income taxes
subordinated debt
noncash items included in net income
(gains) loss on extinguishment of debt
acquisition of businesses in 2009 (net of cash acquired of 6,641), and equity method investments
purchases of held-to-maturity securities																																																															-145,000
purchases of available-for-sale securities																																																															-67,000	-79,000	-71,000	-3,249,000	-381,000	-86,834,000	1,268,000	-61,393,000
senior borrowings																																																											0	0			0	0	0	-635,000
distribution relating to equity method investment
(gains) losses on extinguishment of debt
stock portion of charge related to lam merger																																																																			207,000
disposition of and distributions from equity method investments																																																											0	0
issuance of class a common stock																																																																			0	0
receivables - net																																																												-131,017,000
acquisition of businesses, net of cash acquired of 23,280, and equity method investments
cash and cash equivalents - january 1																																																												0
cash and cash equivalents - september 30
amortization of deferred expenses, share-based compensation and interest rate hedge
acquisition of equity method investments
settlement of vested share-based incentive compensation awards
cash and cash equivalents - june 30
amortization of deferred expenses, stock units and interest rate hedge																																																														153,865,000	147,675,000	65,826,000	67,394,000	91,577,000	59,912,000	67,664,000	61,422,000	57,908,000	32,306,000	28,806,000	25,252,000	24,631,000	8,150,000	6,994,000
amortization of intangible assets related to business acquisitions																																																														1,770,000
acquisition of equity method investment
disposition of equity method investment																																																														50,319,000
settlement of vested rsus																																																														-32,263,000
cash and cash equivalents-january 1																																																														917,329,000
cash and cash equivalents-march 31																																																														704,107,000
acquisition of businesses in 2009 and 2007, net of cash acquired of 6,641 and 19,002, respectively, and equity method investments
senior debt, net of expenses
subordinated borrowings
purchase of common membership interests from members of laz-md holdings																																																															0
settlement of vested rsus and dsus																																																															-1,188,000	-969,000	-9,372,000	-1,950,000	-411,000	-768,000	-2,400,000	-937,000
preferred stock and class a common stock issued/issuable in connection with business acquisitions
acquisition of businesses in 2009, net of cash acquired of 23,280, and equity method investments
preferred stock and class a common stock issuable in connection with acquisitions																																																																0	0	4,390,000
depreciation and amortization of property and intangible assets																																																																	5,767,000	6,035,000
cash segregated for regulatory purposes or deposited with clearing organizations																																																																	4,991,000	1,517,000	-4,982,000	5,007,000	-1,818,000	10,800,000	5,764,000	3,302,000	566,000	-15,941,000
acquisition of joint venture interest and other equity method investments																																																																	0	-1,780,000				-74,820,000
proceeds from available-for-sale securities																																																																	32,796,000	430,000			-212,000	3,050,000
repurchase of class a common stock																																																																	-44,200,000	-5,629,000	-67,711,000	-46,518,000	-45,984,000	-116,851,000	0
noncash charges included in net income
short-term borrowings-net																																																																				2,778,000	-5,843,000	10,298,000
noncash charges (credits) included in net income:
minority interest in net income																																																																			21,989,000	-66,060,000	35,311,000	5,383,000	58,195,000	50,035,000	39,554,000	34,853,000	54,626,000	25,882,000	42,414,000	42,490,000
gain on termination of strategic alliance in italy																																																																											0	0
equity method investments in 2008 and business acquisitions in 2007, net of cash acquired of 19,002
proceeds from sales/maturities of available-for-sale securities																																																																			-3,397,000
short-term borrowings—net
distributions to minority interests																																																																			-15,203,000	-20,742,000	-26,918,000	-14,717,000
supplemental financing non-cash transaction:
issuance of senior promissory note for the acquisition of equity interest in italy
non-cash charges
acquisitions of businesses in 2007, net of cash acquired of 19,002, and equity method investments
preferred stock and class a common stock issued/issuable in connection with acquisitions of businesses
non-cash charges (credits) included in net income:
class a common stock issuable in connection with acquisitions																																																																					0	9,282,000
noncash charges included in net income:
investments-at fair value
assets of discontinued operations																																																																															0	0
liabilities of discontinued operations																																																																															0
business acquisitions, net of cash acquired of 19,002																																																																							325,000
proceeds from issuance of:
class a common stock, net of expenses
class b common stock
equity security units, net of expenses
net short-term borrowings
indemnity from lfcm holdings relating to u.k. pension																																																																															0	-603,000
distributions to members and capital withdrawals
distribution of separated business																																																																															0
distribution to laz-md holdings and lfcm holdings
repurchase of common membership interest from laz-md holdings																																																																							0	-18,067,000
redemption of historical partners interests
net repayments of short-term borrowings
settlement of interest rate hedge																																																																															272,000
purchase of contracts relating to equity security units
preferred stock and class a common stock issued/issuable in connection with acquisitions																																																																							6,052,000
amortization of other intangible assets
securities owned - at fair value
long-term investments - at fair value
proceeds from senior borrowings, including issuance of 600,000 senior notes, net of original issue discount and other incomes of 6,522
repayment of senior borrowings																																																																								-3,000	-96,001,000	-3,549,000				-6,565,000
repayment of subordinated borrowings																																																																								0
repayment of capital lease obligations																																																																								-385,000	-307,000	-338,000	-233,000	-301,000	-296,000	-285,000	58,000
distributions relating to minority interest, including 72,274 and 38,036 to laz-md holdings in 2007 and 2006, respectively
securities owned, at fair value																																																																									-31,774,000	-24,217,000
receivables																																																																									-40,494,000	399,710,000	-478,887,000	162,612,000	-191,081,000	119,434,000	-5,677,000
long-term investments, at fair value																																																																									-27,988,000	-27,181,000
accrued compensation and other liabilities																																																																									-24,317,000	-246,504,000	184,592,000	43,896,000	19,413,000	-174,881,000
disposals and retirements of property																																																																									1,422,000	224,000	1,369,000	-5,000	374,000	233,000	1,933,000	8,932,000
proceeds from senior borrowings, including, in 2007, issuance of 600,000 senior notes, net of original issue discount and other incomes of 6,522
distributions relating to minority interest, including 56,837 and 28,751 to laz-md holdings in 2007 and 2006, respectively
issuance of senior promissory note for the acquisition of equity interest in lazard italy																																																																											0	0
distributions relating to minority interest, including 32,096 and 13,223 to laz-md holdings in 2007 and 2006, respectively																																																																										-34,369,000
marketable, long-term and other investments																																																																											-31,464,000
proceeds from issuance of class a common stock in december, 2006 and may, 2005, net of expenses of 16,512 and 65,844, respectively
proceeds from issuance of class b common stock																																																																															0	0
proceeds from issuance of equity security units, net of expenses of 15,941																																																																															0	0
purchase contracts relating to equity security units																																																																															0
redemption of historical partner interests																																																																															0
distributions to laz-md holdings and lfcm holdings																																																																															0
proceeds from issuance of lazard group senior notes, net of original issue discount and other incomes of 5,276
proceeds from other senior borrowings																																																																															16,191,000	3,091,000
repayment of senior borrowings, including make-whole payment of 7,650 in 2005																																																																											-12,000	-3,701,000			-26,000
distributions relating to minority interest, including 49,325 and 20,148 to laz-md holdings in 2006 and 2005, respectively
lazard group llc repurchase of common membership interest from laz-md holdings
repayment of senior borrowings of discontinued operations
supplemental disclosures of cash flow information
cash and securities segregated for regulatory purposes																																																																												-13,447,000	5,717,000	642,000	65,000
securities purchased under agreements to resell																																																																												-3,509,000	-5,500,000	23,806,000	-17,688,000
securities owned, at fair value and swaps and other contractual agreements																																																																												12,666,000	-39,621,000	-69,500,000	14,536,000	34,662,000
securities sold under agreements to repurchase																																																																												-15,312,000	10,329,000	-22,124,000	14,684,000
swaps and other contractual agreements																																																																												35,000
proceeds from issuance of class a common stock, net of expenses of 65,844																																																																															0	0
distribution to members and capital withdrawals
proceeds from issuance of lazard group senior notes, net of original issue discount and other incomes of 4,417
distributions relating to minority interest, including, in 2006 and 2005, 38,036 and 3,230 to laz-md holdings
additional costs relating to issuance of class a common stock																																																																												0	0	-2,677,000
marketable and long-term investments																																																																													5,171,000	-1,292,000	22,888,000	8,754,000
proceeds from issuance of lazard group senior notes, net of original issue discount and other incomes of 4,010
distributions relating to minority interest, including, in 2006, 28,751 to laz-md holdings
amortization of deferred expenses, restricted stock units and interest rate hedge																																																																														4,834,000
securities sold, not yet purchased, at fair value and swaps and other contractual agreements																																																																														-2,347,000	-1,857,000	-1,098,000
payables																																																																														10,878,000	-69,614,000	-394,362,000
distributions to laz-md holdings																																																																														-13,223,000	-16,918,000
distributions relating to minority interest																																																																														-12,209,000
other—net																																																																														84,000
amortization of deferred expenses and restricted stock units
proceeds from formation of strategic alliance in italy
issuance of subordinated debt relating to strategic alliance in italy
distributions to members and capital withdrawals, net of issuance of interests to lam members in 2003 of 27,483 relating to formation of lam
capital contributions and distributions relating to minority interest stockholders																																																																															353,000
other - net
repayment of subordinated loans of discontinued operations
depreciation and amortization																																																																																4,045,000
minority interest																																																																																41,101,000
accrued employee compensation and other liabilities																																																																																54,566,000
repayment of senior borrowings, including make-whole payment of 7,650
net income allocable to members
adjustments to reconcile net income allocable to members to net cash from operating activities:
noncash charges included in net income allocable to members:
securities borrowed
securities loaned
proceeds from notes payable
repayment of notes payable
net capital contributions and distributions relating to minority interest stockholders
cash paid during the period for:

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