Lazard Ltd(NYSE:LAZ) 
Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, capital advis...
Website: http://www.lazard.com
Founded: 1848
Full Time Employees: 3,099
Sector: Financial Services
Industry: Capital Markets
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2005-06-30 | 2005-03-31 |
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revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment banking and other advisory fees | 357,421,000 | 540,660,000 | 425,895,000 | 493,226,000 | 360,367,000 | 519,013,000 | 366,385,000 | 408,773,000 | 453,027,000 | 490,973,000 | 265,314,000 | 350,104,000 | 277,408,000 | 409,994,000 | 454,255,000 | 405,091,000 | 389,739,000 | 608,659,000 | 384,821,000 | 475,161,000 | 317,831,000 | 511,123,000 | 304,999,000 | 304,259,000 | 297,669,000 | 401,339,000 | 305,303,000 | 328,974,000 | 335,804,000 | 414,254,000 | 309,690,000 | 421,444,000 | 408,726,000 | 334,815,000 | 305,530,000 | 410,275,000 | 334,916,000 | 403,458,000 | 343,154,000 | 286,609,000 | 265,143,000 | 330,039,000 | 330,408,000 | 314,277,000 | 301,372,000 | 358,238,000 | 290,604,000 | 279,907,000 | 272,675,000 | 312,182,000 | 232,006,000 | 260,241,000 | 168,104,000 | 307,079,000 | 218,262,000 | 240,306,000 | 273,541,000 | 258,386,000 | 248,358,000 | 243,096,000 | 220,327,000 | 345,383,000 | 245,294,000 | 245,282,000 | 269,209,000 | 305,748,000 | 252,538,000 | 236,387,000 | 161,402,000 | 254,060,000 | 260,708,000 | 279,431,000 | 196,724,000 | 383,503,000 | 369,857,000 | 228,205,000 | 215,083,000 | 290,403,000 | 183,318,000 | 252,803,000 | 219,583,000 | 231,029,000 | 251,663,000 | 208,663,000 | |
asset management fees | 327,299,000 | 347,776,000 | 308,038,000 | 275,605,000 | 264,616,000 | 291,588,000 | 278,663,000 | 267,914,000 | 276,849,000 | 279,037,000 | 265,600,000 | 271,637,000 | 261,479,000 | 262,852,000 | 279,040,000 | 269,011,000 | 315,052,000 | 357,460,000 | 323,747,000 | 346,465,000 | 326,950,000 | 337,348,000 | 265,562,000 | 245,291,000 | 269,218,000 | 304,698,000 | 287,140,000 | 296,581,000 | 292,438,000 | 281,622,000 | 312,790,000 | 335,891,000 | 338,096,000 | 327,028,000 | 301,719,000 | 293,879,000 | 272,924,000 | 269,208,000 | 254,551,000 | 241,397,000 | 233,731,000 | 252,360,000 | 253,752,000 | 268,754,000 | 261,955,000 | 274,994,000 | 276,940,000 | 275,877,000 | |||||||||||||||||||||||||||||||||||||
interest income | 7,812,000 | 9,963,000 | 7,660,000 | 9,207,000 | 11,662,000 | 14,274,000 | 15,005,000 | 12,854,000 | 11,471,000 | 6,926,000 | 11,543,000 | 10,946,000 | 12,607,000 | 15,486,000 | 8,148,000 | 4,062,000 | 1,761,000 | 1,641,000 | 1,276,000 | 1,280,000 | 1,354,000 | 855,000 | 1,059,000 | 1,340,000 | 2,412,000 | 4,012,000 | 3,962,000 | 4,013,000 | 3,800,000 | 5,250,000 | 3,029,000 | 2,138,000 | 2,710,000 | 2,251,000 | 1,630,000 | 1,609,000 | 1,654,000 | 1,565,000 | 1,128,000 | 1,168,000 | 1,372,000 | 1,893,000 | 1,102,000 | 1,362,000 | 929,000 | 1,545,000 | 1,243,000 | 1,153,000 | 1,419,000 | 882,000 | 1,347,000 | 1,345,000 | 1,131,000 | 1,410,000 | 733,000 | 1,715,000 | 2,150,000 | 3,336,000 | 3,418,000 | 4,363,000 | 3,492,000 | 4,930,000 | 5,430,000 | 5,500,000 | 5,107,000 | 7,279,000 | 8,642,000 | 5,847,000 | 7,465,000 | 14,418,000 | 23,590,000 | 20,900,000 | 23,037,000 | 25,435,000 | 23,832,000 | 18,334,000 | 22,341,000 | 15,481,000 | 11,755,000 | 9,828,000 | 8,010,000 | 10,358,000 | 10,210,000 | 7,502,000 | |
other | 86,867,000 | 30,979,000 | 29,171,000 | 39,122,000 | 32,519,000 | 14,143,000 | 147,361,000 | 18,450,000 | 44,134,000 | 48,827,000 | 713,000 | 29,631,000 | 10,417,000 | 43,528,000 | 4,988,000 | -17,506,000 | 9,592,000 | 45,081,000 | 27,963,000 | 20,358,000 | 33,769,000 | 49,000,000 | 26,402,000 | 41,374,000 | -11,142,000 | 33,357,000 | 14,668,000 | 21,233,000 | 29,636,000 | 3,174,000 | 15,291,000 | 12,055,000 | 18,673,000 | 28,238,000 | 29,252,000 | 24,183,000 | 27,926,000 | 31,572,000 | 22,269,000 | 17,468,000 | 9,870,000 | 20,685,000 | 54,000 | 36,196,000 | 29,629,000 | 14,559,000 | 12,936,000 | 25,668,000 | 22,228,000 | 31,201,000 | 25,692,000 | 14,209,000 | 21,686,000 | 34,604,000 | 15,602,000 | 13,568,000 | 26,209,000 | 10,265,000 | 19,531,000 | 22,240,000 | 22,830,000 | 16,448,000 | 23,924,000 | 11,472,000 | 12,389,000 | 12,936,000 | 27,992,000 | 40,198,000 | 8,042,000 | 12,461,000 | -754,000 | 39,615,000 | -30,992,000 | -173,000 | 22,028,000 | 55,845,000 | 27,193,000 | 69,439,000 | 2,706,000 | 18,380,000 | 5,545,000 | 11,537,000 | 3,097,000 | 5,188,000 | 27,110,000 |
total revenue | 779,399,000 | 929,378,000 | 770,764,000 | 817,160,000 | 669,164,000 | 839,018,000 | 807,414,000 | 707,991,000 | 785,481,000 | 825,763,000 | 543,170,000 | 662,318,000 | 561,911,000 | 731,860,000 | 746,431,000 | 660,658,000 | 716,144,000 | 1,012,841,000 | 737,807,000 | 843,264,000 | 679,904,000 | 898,326,000 | 598,022,000 | 592,264,000 | 558,157,000 | 743,406,000 | 611,073,000 | 650,801,000 | 661,678,000 | 704,300,000 | 640,800,000 | 771,528,000 | 768,205,000 | 692,332,000 | 638,131,000 | 729,946,000 | 637,420,000 | 705,803,000 | 621,102,000 | 546,642,000 | 510,116,000 | 604,977,000 | 585,316,000 | 620,589,000 | 593,885,000 | 649,336,000 | 581,723,000 | 582,605,000 | 549,353,000 | 631,436,000 | 500,523,000 | 510,716,000 | 422,058,000 | 580,857,000 | 449,464,000 | 457,231,000 | 506,461,000 | 473,109,000 | 484,583,000 | 500,605,000 | 461,341,000 | 618,806,000 | 477,310,000 | 443,153,000 | 463,808,000 | 521,549,000 | 438,274,000 | 402,733,000 | 275,852,000 | 405,146,000 | 439,464,000 | 505,645,000 | 346,851,000 | 623,332,000 | 580,122,000 | 450,902,000 | 400,443,000 | 500,238,000 | 324,022,000 | 413,292,000 | 360,257,000 | 391,901,000 | 381,501,000 | 336,398,000 | |
yoy | 16.47% | 10.77% | -4.54% | 15.42% | -14.81% | 1.61% | 48.65% | 6.90% | 39.79% | 12.83% | -27.23% | 0.25% | -21.54% | -27.74% | 1.17% | -21.65% | 5.33% | 12.75% | 23.37% | 42.38% | 21.81% | 20.84% | -2.14% | -8.99% | -15.65% | 5.55% | -4.64% | -15.65% | -13.87% | 1.73% | 0.42% | 5.70% | 20.52% | -1.91% | 2.74% | 33.53% | 24.96% | 16.67% | 6.11% | -11.92% | -14.11% | -6.83% | 0.62% | 6.52% | 8.11% | 2.83% | 16.22% | 14.08% | 30.16% | 8.71% | 11.36% | 11.70% | -16.67% | 22.77% | -7.25% | -8.66% | 9.78% | -23.54% | 1.52% | 12.96% | -0.53% | 18.65% | 8.91% | 10.04% | 68.14% | 28.73% | -0.27% | -20.35% | -20.47% | -35.00% | -24.25% | 12.14% | -13.38% | 24.61% | 79.04% | 9.10% | 11.15% | 27.64% | -15.07% | 22.86% | |||||
qoq | -16.14% | 20.58% | -5.68% | 22.12% | -20.24% | 3.91% | 14.04% | -9.87% | -4.88% | 52.03% | -17.99% | 17.87% | -23.22% | -1.95% | 12.98% | -7.75% | -29.29% | 37.28% | -12.51% | 24.03% | -24.31% | 50.22% | 0.97% | 6.11% | -24.92% | 21.66% | -6.10% | -1.64% | -6.05% | 9.91% | -16.94% | 0.43% | 10.96% | 8.49% | -12.58% | 14.52% | -9.69% | 13.64% | 13.62% | 7.16% | -15.68% | 3.36% | -5.68% | 4.50% | -8.54% | 11.62% | -0.15% | 6.05% | -13.00% | 26.16% | -2.00% | 21.01% | -27.34% | 29.23% | -1.70% | -9.72% | 7.05% | -2.37% | -3.20% | 8.51% | -25.45% | 29.64% | 7.71% | -4.45% | -11.07% | 19.00% | 8.82% | 46.00% | -31.91% | -7.81% | -13.09% | 45.78% | -44.36% | 7.45% | 28.66% | 12.60% | -19.95% | 54.38% | -21.60% | 14.72% | -8.07% | 2.73% | 13.41% | ||
interest expense | 22,817,000 | 22,657,000 | 22,686,000 | 21,163,000 | 21,113,000 | 22,149,000 | 22,548,000 | 22,642,000 | 20,728,000 | 19,742,000 | 19,252,000 | 19,204,000 | 19,475,000 | 19,471,000 | 19,687,000 | 21,112,000 | 21,252,000 | 20,466,000 | 20,378,000 | 20,127,000 | 19,797,000 | 20,172,000 | 20,344,000 | 19,972,000 | 20,143,000 | 22,065,000 | 20,005,000 | 20,111,000 | 18,004,000 | 17,065,000 | 14,319,000 | 13,590,000 | 13,507,000 | 13,524,000 | 13,272,000 | 12,766,000 | 13,956,000 | 14,238,000 | 12,194,000 | 11,962,000 | 11,898,000 | 11,728,000 | 11,798,000 | 11,497,000 | 16,136,000 | 15,396,000 | 15,512,000 | 15,709,000 | 15,953,000 | 18,746,000 | 20,169,000 | 20,311,000 | 20,155,000 | 20,164,000 | 20,658,000 | 20,321,000 | 20,422,000 | 21,331,000 | 22,164,000 | 23,313,000 | 23,318,000 | 23,921,000 | 24,073,000 | 24,118,000 | 25,597,000 | 26,766,000 | 26,559,000 | 27,108,000 | 27,457,000 | 29,226,000 | 33,644,000 | 38,257,000 | 38,772,000 | 38,249,000 | 38,074,000 | 29,542,000 | 31,245,000 | 27,361,000 | 26,510,000 | 26,384,000 | 23,999,000 | 24,824,000 | 24,598,000 | 19,035,000 | |
net revenue | 756,582,000 | 906,721,000 | 748,078,000 | 795,997,000 | 648,051,000 | 816,869,000 | 784,866,000 | 685,349,000 | 764,753,000 | 806,021,000 | 523,918,000 | 643,114,000 | 542,436,000 | 712,389,000 | 726,744,000 | 639,546,000 | 694,892,000 | 992,375,000 | 717,429,000 | 823,137,000 | 660,107,000 | 878,154,000 | 577,678,000 | 572,292,000 | 538,014,000 | 721,341,000 | 591,068,000 | 630,690,000 | 643,674,000 | 687,235,000 | 626,481,000 | 757,938,000 | 754,698,000 | 678,808,000 | 624,859,000 | 717,180,000 | 623,464,000 | 691,565,000 | 608,908,000 | 534,680,000 | 498,218,000 | 593,249,000 | 573,518,000 | 609,092,000 | 577,749,000 | 633,940,000 | 566,211,000 | 566,896,000 | 533,400,000 | 612,690,000 | 480,354,000 | 490,405,000 | 401,903,000 | 560,693,000 | 428,806,000 | 436,910,000 | 486,039,000 | 451,778,000 | 462,419,000 | 477,292,000 | 438,023,000 | 594,885,000 | 453,237,000 | 419,035,000 | 438,211,000 | 494,783,000 | 411,715,000 | 375,625,000 | 248,395,000 | 375,920,000 | 405,820,000 | 467,388,000 | 308,079,000 | 585,083,000 | 542,048,000 | 421,360,000 | 369,198,000 | 472,877,000 | 297,512,000 | 386,908,000 | 336,258,000 | 367,077,000 | 356,903,000 | 317,363,000 | |
operating expenses | 217,692,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and benefits | 491,894,000 | 637,694,000 | 498,212,000 | 519,208,000 | 430,270,000 | 534,423,000 | 465,405,000 | 452,560,000 | 550,824,000 | 559,207,000 | 364,605,000 | 572,231,000 | 449,967,000 | 474,843,000 | 420,937,000 | 363,830,000 | 396,841,000 | 559,768,000 | 419,627,000 | 514,918,000 | 401,546,000 | 524,736,000 | 354,625,000 | 351,568,000 | 319,755,000 | 427,308,000 | 391,363,000 | 372,470,000 | 372,254,000 | 349,542,000 | 343,987,000 | 416,159,000 | 405,047,000 | 374,673,000 | 361,787,000 | 414,612,000 | 361,801,000 | 381,267,000 | 353,756,000 | 308,310,000 | 297,210,000 | 334,960,000 | 319,565,000 | 336,719,000 | 328,502,000 | 307,505,000 | 338,612,000 | 345,924,000 | 321,565,000 | 367,855,000 | 301,809,000 | 331,131,000 | 277,739,000 | 445,602,000 | 283,818,000 | 283,392,000 | 338,317,000 | 338,934,000 | 273,532,000 | 286,480,000 | 269,999,000 | 348,242,000 | 282,528,000 | 263,021,000 | 300,377,000 | 615,515,000 | 250,914,000 | 239,279,000 | 203,532,000 | 221,894,000 | 432,777,000 | 280,021,000 | 193,561,000 | 330,832,000 | 323,152,000 | 249,046,000 | 220,038,000 | 276,152,000 | 180,982,000 | 234,148,000 | 200,139,000 | 216,455,000 | 215,199,000 | 161,148,000 | 140,860,000 |
occupancy and equipment | 31,420,000 | 31,579,000 | 31,908,000 | 33,703,000 | 35,413,000 | 33,798,000 | 34,249,000 | 32,031,000 | 32,857,000 | 33,436,000 | 33,108,000 | 32,800,000 | 31,773,000 | 30,907,000 | 30,696,000 | 29,409,000 | 31,239,000 | 32,402,000 | 31,015,000 | 29,875,000 | 34,748,000 | 33,592,000 | 31,318,000 | 30,574,000 | 32,198,000 | 34,045,000 | 29,856,000 | 30,953,000 | 28,295,000 | 32,781,000 | 28,848,000 | 29,240,000 | 30,238,000 | 37,374,000 | 29,156,000 | 30,828,000 | 27,484,000 | 28,162,000 | 26,973,000 | 27,163,000 | 27,007,000 | 28,978,000 | 26,278,000 | 27,272,000 | 27,339,000 | 25,471,000 | 29,400,000 | 28,367,000 | 28,312,000 | 26,491,000 | 27,393,000 | 39,738,000 | 29,304,000 | 32,854,000 | 25,680,000 | 28,347,000 | 26,282,000 | 30,668,000 | 24,345,000 | 22,977,000 | 22,708,000 | 23,324,000 | 22,414,000 | 21,320,000 | 21,270,000 | 24,679,000 | 23,690,000 | 19,990,000 | 20,094,000 | 22,543,000 | 22,872,000 | 22,277,000 | 29,494,000 | 25,667,000 | 21,462,000 | 24,285,000 | |||||||||
marketing and business development | 28,662,000 | 35,077,000 | 26,085,000 | 29,593,000 | 27,731,000 | 28,572,000 | 21,782,000 | 25,493,000 | 23,599,000 | 27,259,000 | 20,754,000 | 28,582,000 | 22,762,000 | 26,674,000 | 19,633,000 | 22,673,000 | 14,123,000 | 16,850,000 | 9,922,000 | 9,332,000 | 6,651,000 | 8,161,000 | 7,562,000 | 6,517,000 | 20,186,000 | 30,947,000 | 27,318,000 | 28,784,000 | 27,984,000 | 32,889,000 | 21,868,000 | 28,228,000 | 25,659,000 | 25,628,000 | 19,798,000 | 24,027,000 | 19,752,000 | 22,710,000 | 16,927,000 | 23,877,000 | 19,688,000 | 25,783,000 | 18,244,000 | 18,324,000 | 19,190,000 | 28,775,000 | 19,127,000 | 20,894,000 | 19,233,000 | 23,568,000 | 17,077,000 | 25,377,000 | 18,192,000 | 25,888,000 | 19,096,000 | 22,322,000 | 28,267,000 | 29,577,000 | 19,844,000 | 20,879,000 | 18,111,000 | 25,699,000 | 17,503,000 | 18,252,000 | 15,603,000 | 20,736,000 | 14,070,000 | 15,788,000 | 13,453,000 | 17,230,000 | 18,368,000 | 25,220,000 | 20,464,000 | 24,244,000 | 16,898,000 | 16,964,000 | |||||||||
technology and information services | 48,275,000 | 48,845,000 | 48,862,000 | 49,272,000 | 46,216,000 | 47,573,000 | 44,628,000 | 46,406,000 | 44,917,000 | 47,363,000 | 46,897,000 | 51,370,000 | 44,040,000 | 47,125,000 | 44,579,000 | 42,067,000 | 37,931,000 | 39,762,000 | 37,559,000 | 35,774,000 | 33,670,000 | 36,100,000 | 33,457,000 | 32,629,000 | 31,358,000 | 38,783,000 | 34,076,000 | 38,825,000 | 32,055,000 | 37,520,000 | 36,394,000 | 32,527,000 | 33,252,000 | 34,242,000 | 31,373,000 | 32,032,000 | 24,024,000 | 26,055,000 | 24,179,000 | 24,296,000 | 22,931,000 | 26,678,000 | 22,923,000 | 23,034,000 | 22,893,000 | 22,654,000 | 23,025,000 | 21,954,000 | 23,487,000 | 23,958,000 | 22,217,000 | 20,134,000 | 22,980,000 | 23,750,000 | 21,474,000 | 21,275,000 | 20,393,000 | 22,646,000 | 20,417,000 | 20,582,000 | 19,567,000 | 20,192,000 | 18,904,000 | 16,996,000 | 17,652,000 | 19,950,000 | 17,592,000 | 16,156,000 | 15,922,000 | 16,879,000 | 17,683,000 | 17,089,000 | 16,241,000 | 17,438,000 | 15,204,000 | 14,161,000 | |||||||||
professional services | 20,678,000 | 23,708,000 | 20,951,000 | 24,589,000 | 18,837,000 | 23,954,000 | 19,541,000 | 23,734,000 | 19,880,000 | 23,129,000 | 20,451,000 | 21,402,000 | 24,326,000 | 21,292,000 | 15,665,000 | 16,549,000 | 16,029,000 | 26,060,000 | 16,698,000 | 19,996,000 | 14,948,000 | 20,330,000 | 14,701,000 | 16,728,000 | 14,545,000 | 23,386,000 | 15,105,000 | 19,144,000 | 14,217,000 | 18,851,000 | 13,353,000 | 16,714,000 | 12,431,000 | 14,231,000 | 11,005,000 | 11,234,000 | 11,462,000 | 13,635,000 | 10,870,000 | 11,245,000 | 9,762,000 | 13,429,000 | 10,758,000 | 13,883,000 | 11,459,000 | 13,648,000 | 11,184,000 | 14,120,000 | 7,591,000 | 10,440,000 | 12,904,000 | 10,706,000 | 8,613,000 | 12,859,000 | 8,514,000 | 13,274,000 | 9,311,000 | 13,929,000 | 11,434,000 | 13,120,000 | 9,841,000 | 13,786,000 | 10,731,000 | 10,814,000 | 8,171,000 | 12,686,000 | 11,823,000 | 11,871,000 | 8,189,000 | 7,686,000 | 16,017,000 | 16,237,000 | 13,267,000 | 12,813,000 | 13,166,000 | 13,711,000 | |||||||||
fund administration and outsourced services | 33,516,000 | 33,077,000 | 32,390,000 | 30,054,000 | 26,545,000 | 25,923,000 | 27,996,000 | 27,114,000 | 26,140,000 | 27,450,000 | 27,884,000 | 28,968,000 | 26,576,000 | 24,614,000 | 27,110,000 | 28,551,000 | 29,703,000 | 35,784,000 | 34,137,000 | 31,302,000 | 29,279,000 | 26,431,000 | 26,196,000 | 24,053,000 | 26,390,000 | 28,201,000 | 28,425,000 | 28,493,000 | 28,930,000 | 29,805,000 | 34,748,000 | 33,227,000 | 35,184,000 | 18,729,000 | 18,325,000 | 18,338,000 | 15,913,000 | 16,994,000 | 17,097,000 | 15,895,000 | 13,435,000 | 13,355,000 | 14,367,000 | 17,493,000 | 16,148,000 | 16,967,000 | 17,034,000 | 16,002,000 | 15,454,000 | 15,970,000 | 14,475,000 | 15,388,000 | 13,465,000 | 12,090,000 | 13,179,000 | 12,670,000 | 13,451,000 | 12,016,000 | 14,019,000 | 13,507,000 | 13,251,000 | 13,167,000 | 12,037,000 | 10,996,000 | 11,374,000 | 11,852,000 | 10,272,000 | 8,057,000 | 7,746,000 | 9,118,000 | 8,569,000 | 6,573,000 | 6,570,000 | 7,003,000 | 6,074,000 | 4,459,000 | |||||||||
total operating expenses | 667,008,000 | 821,769,000 | 653,148,000 | 702,916,000 | 593,416,000 | 709,785,000 | 623,679,000 | 621,709,000 | 710,192,000 | 734,124,000 | 528,775,000 | 753,187,000 | 579,360,000 | 639,249,000 | 568,602,000 | 513,708,000 | 535,164,000 | 724,037,000 | 562,470,000 | 656,876,000 | 525,817,000 | 660,655,000 | 472,998,000 | 476,427,000 | 453,917,000 | 602,364,000 | 538,695,000 | 529,005,000 | 524,011,000 | 530,918,000 | 487,800,000 | 557,998,000 | 568,870,000 | 320,272,000 | 480,647,000 | 544,679,000 | 473,267,000 | 534,709,000 | 459,916,000 | 421,444,000 | 399,841,000 | 453,900,000 | 2,774,000 | 1,410,468,000 | 503,086,000 | 434,347,000 | 452,499,000 | 467,916,000 | 426,220,000 | 539,536,000 | 399,236,000 | 449,467,000 | 380,306,000 | 565,890,000 | 382,080,000 | 392,377,000 | 448,216,000 | 466,665,000 | 374,681,000 | 388,090,000 | 364,577,000 | 463,272,000 | 373,770,000 | 351,984,000 | 472,692,000 | 716,359,000 | 338,550,000 | 318,679,000 | 339,164,000 | 321,827,000 | 540,533,000 | 379,650,000 | 290,057,000 | 452,805,000 | 423,462,000 | 332,197,000 | 290,930,000 | 357,670,000 | 248,319,000 | 302,215,000 | 258,142,000 | 289,993,000 | 279,614,000 | 227,643,000 | |
operating income | 89,574,000 | 84,952,000 | 94,930,000 | 93,081,000 | 54,635,000 | 107,084,000 | 161,187,000 | 63,640,000 | 54,561,000 | 71,897,000 | -4,857,000 | -110,073,000 | -36,924,000 | 73,140,000 | 158,142,000 | 125,838,000 | 159,728,000 | 268,338,000 | 154,959,000 | 166,261,000 | 134,290,000 | 217,499,000 | 104,680,000 | 95,865,000 | 84,097,000 | 118,977,000 | 52,373,000 | 101,685,000 | 119,663,000 | 156,317,000 | 138,681,000 | 199,940,000 | 185,828,000 | 358,536,000 | 144,212,000 | 172,501,000 | 150,197,000 | 156,856,000 | 148,992,000 | 113,236,000 | 98,377,000 | 139,349,000 | 570,744,000 | -801,376,000 | 74,663,000 | 199,593,000 | 113,712,000 | 98,980,000 | 107,180,000 | 73,154,000 | 81,118,000 | 40,938,000 | 21,597,000 | -5,197,000 | 46,726,000 | 44,533,000 | 37,823,000 | -14,887,000 | 87,738,000 | 89,202,000 | 73,446,000 | 131,613,000 | 79,467,000 | 67,051,000 | -34,481,000 | -221,576,000 | 73,165,000 | 56,946,000 | -90,769,000 | 54,093,000 | -134,713,000 | 87,738,000 | 18,022,000 | 71,504,250 | 118,586,000 | 89,163,000 | 78,268,000 | ||||||||
yoy | 63.95% | -20.67% | -41.11% | 46.26% | 0.14% | 48.94% | -3418.65% | -157.82% | -247.77% | -1.70% | -103.07% | -187.47% | -123.12% | -72.74% | 2.05% | -24.31% | 18.94% | 23.37% | 48.03% | 73.43% | 59.68% | 82.81% | 99.87% | -5.72% | -29.72% | -23.89% | -62.23% | -49.14% | -35.61% | -56.40% | -3.84% | 15.91% | 23.72% | 128.58% | -3.21% | 52.34% | 52.67% | 12.56% | -73.90% | -114.13% | 31.76% | -30.18% | 401.92% | -909.63% | -30.34% | 172.84% | 40.18% | 141.78% | 396.27% | -1507.62% | 73.60% | -8.07% | -42.90% | -65.09% | -46.74% | -50.08% | -48.50% | -111.31% | 10.41% | 33.04% | -313.00% | -159.40% | 8.61% | 17.74% | -62.01% | -509.62% | -154.31% | -35.10% | -603.66% | -24.35% | -213.60% | -1.60% | -76.97% | ||||||||||||
qoq | 5.44% | -10.51% | 1.99% | 70.37% | -48.98% | -33.57% | 153.28% | 16.64% | -24.11% | -1580.28% | -95.59% | 198.11% | -150.48% | -53.75% | 25.67% | -21.22% | -40.48% | 73.17% | -6.80% | 23.81% | -38.26% | 107.78% | 9.20% | 13.99% | -29.32% | 127.17% | -48.49% | -15.02% | -23.45% | 12.72% | -30.64% | 7.59% | -48.17% | 148.62% | -16.40% | 14.85% | -4.25% | 5.28% | 31.58% | 15.10% | -29.40% | -75.58% | -171.22% | -1173.32% | -62.59% | 75.53% | 14.88% | -7.65% | 46.51% | -9.82% | 98.15% | 89.55% | -515.57% | -111.12% | 4.92% | 17.74% | -354.07% | -116.97% | -1.64% | 21.45% | -44.20% | 65.62% | 18.52% | -294.46% | -84.44% | -402.84% | 28.48% | -162.74% | -267.80% | -140.15% | -253.54% | 386.84% | -74.80% | -39.70% | 33.00% | 13.92% | |||||||||
operating margin % | 11.49% | 9.14% | 12.32% | 11.39% | 8.16% | 12.76% | 19.96% | 8.99% | 6.95% | 8.71% | -0.89% | -16.62% | -6.57% | 9.99% | 21.19% | 19.05% | 22.30% | 26.49% | 21.00% | 19.72% | 19.75% | 24.21% | 17.50% | 16.19% | 15.07% | 16.00% | 8.57% | 15.62% | 18.08% | 22.19% | 21.64% | 25.91% | 24.19% | 51.79% | 22.60% | 23.63% | 23.56% | 22.22% | 23.99% | 20.71% | 19.29% | 23.03% | 97.51% | -129.13% | 12.57% | 30.74% | 19.55% | 16.99% | 19.51% | 11.59% | 16.21% | 8.02% | 5.12% | -0.89% | 10.40% | 9.74% | 7.47% | -3.15% | 18.11% | 17.82% | 15.92% | 21.27% | 16.65% | 15.13% | -7.43% | -42.48% | 16.69% | 14.14% | -32.90% | 13.35% | -30.65% | 17.35% | 5.20% | 11.47% | 20.44% | 19.77% | 19.55% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% |
benefit for income taxes | -10,989,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 100,563,000 | 54,214,000 | 73,500,000 | 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 | 27,593,000 | |
yoy | 62.23% | -30.76% | -36.71% | 17.80% | 54.11% | 9.51% | 1614.42% | -143.24% | -364.65% | 25.29% | -94.48% | -231.34% | -112.56% | -72.99% | 6.30% | -26.63% | 33.19% | 8.48% | 50.97% | 70.94% | 55.71% | 144.90% | 58.76% | -0.59% | -39.54% | -30.04% | -55.67% | -50.46% | -40.32% | -237.04% | -2.46% | 22.73% | 46.39% | -164.31% | -1.02% | 48.59% | 56.14% | -16.97% | -71.83% | -78.31% | 12.89% | -10.11% | 344.61% | 336.69% | -26.67% | 227.31% | 43.30% | 169.13% | 384.04% | -1385.83% | 86.35% | -6.56% | -39.26% | -49.45% | -49.84% | -52.27% | -51.56% | -107.29% | -4.58% | 33.70% | -246.68% | -156.20% | 32.25% | 23.26% | -52.78% | -622.06% | -169.13% | 26.55% | -1210.32% | -35.76% | -291.12% | 17.14% | -70.41% | 61.56% | 206.03% | 24.43% | 33.87% | 52.90% | -29.27% | -14.67% | |||||
qoq | 85.49% | -26.24% | 19.87% | -1.08% | -20.83% | -32.58% | 123.11% | 29.41% | -43.74% | 955.42% | -105.63% | 692.00% | -126.63% | -53.53% | 33.98% | -24.24% | -42.74% | 82.91% | -7.53% | 37.53% | -53.37% | 154.55% | 4.71% | 25.28% | -26.66% | 65.02% | -34.44% | -23.80% | -15.14% | 4.56% | -26.72% | -8.22% | -294.88% | -174.42% | -7.80% | 9.48% | -14.39% | 14.53% | 38.41% | 15.05% | -54.47% | -61.14% | 6.57% | 498.85% | -63.75% | 92.18% | 4.67% | 0.56% | 61.81% | -15.86% | 96.57% | 80.87% | -529.83% | -112.19% | -1.43% | 17.57% | -457.70% | -112.10% | -6.19% | 19.31% | -46.17% | 58.39% | 31.43% | -230.89% | -79.38% | -472.72% | 22.50% | -150.15% | -328.00% | -149.35% | -324.25% | 340.02% | -86.81% | 46.83% | 37.45% | 11.16% | -27.99% | 178.13% | -44.12% | 19.60% | -17.75% | 28.66% | -32.58% | ||
net income margin % | 12.90% | 5.83% | 9.54% | 7.50% | 9.26% | 9.33% | 14.38% | 7.35% | 5.12% | 8.66% | 1.25% | -18.17% | -2.70% | 7.80% | 16.45% | 13.87% | 16.89% | 20.86% | 15.66% | 14.81% | 13.36% | 21.68% | 12.79% | 12.34% | 10.45% | 10.70% | 7.89% | 11.30% | 14.58% | 16.14% | 16.97% | 19.23% | 21.04% | -11.98% | 17.47% | 16.56% | 17.32% | 18.28% | 18.13% | 14.88% | 13.86% | 25.68% | 68.30% | 60.45% | 10.55% | 26.61% | 15.46% | 14.75% | 15.55% | 8.36% | 12.54% | 6.25% | 4.18% | -0.71% | 7.49% | 7.47% | 5.74% | -1.72% | 13.85% | 14.30% | 13.00% | 18.01% | 14.74% | 12.08% | -8.82% | -38.02% | 12.14% | 10.78% | -31.39% | 9.37% | -17.51% | 6.79% | 2.25% | 9.49% | 6.94% | 6.50% | 6.58% | 7.32% | 4.06% | 5.70% | 5.46% | 6.11% | 4.88% | 8.20% | NaN% |
less - net income attributable to noncontrolling interests | -353,000 | 4,351,000 | 2,253,000 | 5,971,000 | 1,614,000 | -8,014,000 | 8,197,000 | 2,144,000 | 4,469,000 | 7,927,000 | -365,000 | 3,637,000 | 6,973,000 | 14,701,000 | 16,995,000 | -3,829,000 | 7,099,000 | 913,000 | 8,304,000 | 1,738,000 | 3,526,000 | 4,881,000 | 1,423,000 | -382,000 | 2,554,000 | 1,492,000 | 7,736,000 | -566,000 | 288,000 | 1,651,000 | 1,416,000 | 1,969,000 | 604,000 | 2,260,000 | 523,000 | 2,877,000 | 1,005,000 | 82,000 | 1,007,000 | 3,900,000 | -2,445,000 | 1,269,000 | 1,042,000 | 6,693,000 | 421,000 | 1,061,000 | 717,000 | 4,587,000 | -421,000 | 2,466,000 | 568,000 | 2,289,000 | 1,259,000 | 372,000 | 3,341,000 | -3,330,000 | 4,434,000 | 9,562,000 | 4,976,000 | 11,585,000 | 6,263,000 | 8,956,000 | -7,360,000 | -55,924,000 | 15,779,000 | 15,240,000 | -33,098,000 | ||||||||||||||||||
net income attributable to lazard | 100,916,000 | 49,863,000 | 71,247,000 | 55,346,000 | 60,375,000 | 86,310,000 | 107,938,000 | 49,909,000 | 35,755,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
attributable to lazard common stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares of common stock outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 99,460,256,000 | 97,479,092,000 | 98,112,393,000 | 97,534,319,000 | 95,255,423,000 | 93,139,352,000 | 93,627,476,000 | 92,886,364,000 | 91,260,465,000 | 88,993,985,000 | 89,425,900,000 | 88,729,654,000 | 87,591,852,000 | 95,664,129,000 | 93,275,631,000 | 98,660,173,000 | 102,547,277,000 | 106,035,808,000 | 105,415,743,000 | 106,746,654,000 | 107,291,560,000 | 106,862,739,000 | 107,168,615,000 | 106,662,064,000 | 106,303,962,000 | 110,189,862,000 | 109,285,727,000 | 111,981,204,000 | 111,944,255,000 | 119,006,531,000 | 119,456,516,000 | 120,306,257,000 | 119,930,106,000 | 121,573,442,000 | 121,243,598,000 | 122,368,150,000 | 122,815,163,000 | 124,770,401,000 | 124,408,884,000 | 125,461,948,000 | 126,040,441,000 | 125,366,272,000 | 125,925,006,000 | 126,212,645,000 | 123,655,689,000 | 122,351,836,000 | 122,206,914,000 | 123,116,776,000 | 121,776,207,000 | 120,854,267,000 | 122,199,954,000 | 121,759,982,000 | 117,708,204,000 | 116,953,989,000 | 115,603,351,000 | 118,235,320,000 | 119,229,541,000 | 118,032,020,000 | 118,315,944,000 | 119,107,386,000 | 115,334,754,000 | 104,411,253,000 | 111,059,071,000 | 103,527,014,000 | 89,736,137,000 | 78,311,947,000 | 80,756,718,000 | 74,935,658,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 56,416,850,000 | 49,980,193,000 | 51,185,639,000 | 51,078,444,000 | 51,439,125,000 | 51,439,068,000 | 38,432,815,000 | 37,388,185,000 | 37,480,751,000 | 37,502,889,000 | 37,500,000,000 | 37,500,000,000 | 37,500,000 | 100,000,000,000 |
diluted | 106,787,975,000 | 106,338,079,000 | 108,001,762,000 | 104,911,633,000 | 104,828,753,000 | 102,392,171,000 | 103,475,234,000 | 100,627,867,000 | 99,351,769,000 | 88,993,985,000 | 94,309,224,000 | 88,729,654,000 | 87,591,852,000 | 100,997,674,000 | 98,865,156,000 | 102,753,336,000 | 108,186,642,000 | 113,674,699,000 | 112,994,037,000 | 113,603,478,000 | 115,822,294,000 | 113,483,380,000 | 113,181,564,000 | 111,487,749,000 | 114,120,179,000 | 116,079,806,000 | 113,881,690,000 | 116,175,349,000 | 120,820,084,000 | 129,767,592,000 | 129,859,728,000 | 130,249,054,000 | 132,142,394,000 | 132,479,728,000 | 132,393,664,000 | 132,139,616,000 | 132,689,375,000 | 132,633,630,000 | 132,320,855,000 | 132,341,522,000 | 132,891,284,000 | 133,244,546,000 | 133,115,419,000 | 132,806,045,000 | 133,735,946,000 | 133,813,123,000 | 133,566,684,000 | 133,575,652,000 | 134,025,991,000 | 133,737,079,000 | 134,242,144,000 | 132,464,296,000 | 132,815,560,000 | 129,325,622,000 | 135,380,036,000 | 134,636,935,000 | 136,594,178,000 | 137,629,525,000 | 136,857,956,000 | 139,347,933,000 | 138,590,593,000 | 138,469,654,000 | 138,094,101,000 | 139,944,310,000 | 89,736,137,000 | 78,311,947,000 | 131,468,085,000 | 127,984,819,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 126,711,796,000 | 110,396,898,000 | 62,212,617,000 | 116,344,656,000 | 62,737,737,000 | 118,216,333,000 | 44,166,131,000 | 41,577,615,000 | 43,980,216,000 | 41,042,544,000 | 37,561,138,000 | 37,528,978,000 | 100,000,000 | 100,000,000,000 |
net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.98 | 0.49 | 0.71 | 0.56 | 0.61 | 0.89 | 1.13 | 0.53 | 0.38 | 0.7 | 0.07 | -1.41 | -0.27 | 0.52 | 1.11 | 0.96 | 1.09 | 1.96 | 1 | 1.14 | 0.8 | 1.73 | 0.69 | 0.68 | 0.59 | 0.7 | 0.42 | 0.57 | 0.87 | 0.98 | 0.9 | 1.22 | 1.33 | -0.67 | 0.9 | 0.98 | 0.88 | 1.04 | 0.9 | 0.64 | 0.53 | 1.26 | 3.16 | 2.96 | 0.45 | 1.41 | 0.73 | 0.69 | 0.66 | 0.44 | 0.49 | 0.26 | 0.13 | -0.04 | 0.29 | 0.26 | 0.21 | -0.05 | 0.53 | 0.52 | 0.48 | 0.94 | 0.58 | 0.43 | -0.38 | -1.84 | 0.47 | 0.38 | -0.77 | 0.67 | -1.17 | 0.61 | 0.16 | 1.17 | 0.79 | 0.57 | 0.51 | 0.28 | |||||||
diluted | 0.91 | 0.45 | 0.65 | 0.52 | 0.56 | 0.8 | 1.02 | 0.49 | 0.35 | 0.7 | 0.06 | -1.41 | -0.27 | 0.48 | 1.06 | 0.92 | 1.05 | 1.85 | 0.94 | 1.08 | 0.75 | 1.66 | 0.66 | 0.66 | 0.56 | 0.67 | 0.4 | 0.55 | 0.8 | 0.9 | 0.82 | 1.13 | 1.21 | -0.64 | 0.82 | 0.91 | 0.81 | 0.96 | 0.85 | 0.61 | 0.5 | 1.18 | 2.99 | 2.82 | 0.42 | 1.29 | 0.67 | 0.64 | 0.61 | 0.4 | 0.45 | 0.24 | 0.12 | -0.05 | 0.26 | 0.24 | 0.2 | -0.03 | 0.49 | 0.48 | 0.43 | 0.78 | 0.51 | 0.39 | -0.38 | -1.84 | 0.41 | 0.34 | -0.77 | 0.67 | -1.17 | 0.54 | 0.14 | 1.07 | 0.73 | 0.52 | 0.47 | 0.28 | |||||||
benefit pursuant to tax receivable agreement | -5,036,500 | -20,146,000 | -10,108,750 | -40,435,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for income taxes | 30,738,000 | 21,430,000 | 31,764,000 | -7,354,000 | 28,788,000 | 45,052,000 | 11,587,000 | 14,337,000 | 403,000 | -11,631,000 | 10,303,000 | -21,725,000 | 16,075,000 | 35,350,000 | 34,187,000 | 38,753,000 | 57,048,000 | 39,446,000 | 41,345,000 | 43,464,000 | 22,729,000 | 28,165,000 | 22,789,000 | 25,766,000 | 39,446,000 | 4,177,000 | 28,172,000 | 23,187,000 | 42,633,000 | 29,956,000 | 51,561,000 | 24,167,000 | 31,027,250 | 32,742,000 | 51,600,000 | 39,767,000 | 23,975,000 | 36,374,000 | 31,872,000 | 27,654,000 | -15,992,000 | 170,954,000 | -1,176,531,000 | 12,017,000 | 26,788,000 | 23,792,000 | 13,071,000 | 21,751,000 | 20,358,000 | 18,370,000 | 9,017,000 | 3,948,000 | -1,091,000 | 13,053,000 | 10,371,000 | 8,767,000 | -6,764,000 | 20,605,000 | 17,636,000 | 13,463,000 | 20,178,000 | 9,113,000 | 13,523,000 | 6,413,000 | -23,301,000 | 19,968,000 | 13,519,000 | -4,175,000 | |||||||||||||||||
amortization and other acquisition-related costs | 47,250 | 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 | 863,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to lazard ltd | 63,567,000 | 7,139,000 | -124,013,000 | -22,172,000 | 42,364,000 | 105,797,000 | 95,480,000 | 113,876,000 | 210,377,000 | 107,209,000 | 123,178,000 | 87,300,000 | 189,889,000 | 75,092,000 | 73,458,000 | 64,022,000 | 76,977,000 | 46,704,000 | 65,777,000 | 97,042,000 | 113,396,000 | 107,074,000 | 146,963,000 | 159,692,000 | -83,558,000 | 109,210,000 | 120,378,000 | 107,553,000 | 127,982,000 | 112,536,000 | 80,357,000 | 66,823,000 | 157,786,000 | 398,521,000 | 374,113,000 | 55,953,000 | 172,384,000 | 88,859,000 | 85,192,000 | 80,842,000 | 53,217,000 | 60,282,000 | 31,353,000 | 15,360,000 | -5,365,000 | 33,301,000 | 30,821,000 | 25,552,000 | -4,793,000 | 62,699,000 | 62,004,000 | 55,007,000 | 99,850,000 | 64,091,000 | 44,572,000 | -33,534,000 | -142,351,000 | 37,418,000 | 28,187,000 | -53,496,000 | |||||||||||||||||||||||||
attributable to lazard ltd class a common stockholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets related to acquisitions | 15,000 | 15,000 | 15,000 | 15,000 | 11,250 | 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 | 1,769,000 | 1,770,000 | 2,270,000 | 2,032,000 | 344,000 | 507,000 | 2,525,000 | 1,220,000 | |||||||||||||||||||||||||||||||||||||||||||||
less - net loss attributable to noncontrolling interests | -5,691,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization and other acquisition-related (benefits) costs | 9,876,000 | 1,022,000 | 5,042,000 | -2,429,000 | -5,851,000 | -8,483,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per share of common stock | 0.648 | 0.44 | 0.44 | 1.71 | 0.41 | 0.41 | 0.41 | 1.58 | 0.38 | 0.38 | 0.38 | 1.55 | 0.35 | 0.35 | 0.35 | 1.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 0.25 | 0.25 | 0.6 | 0.2 | 0.2 | 0.16 | 0.16 | 0.16 | 0.16 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | 0.125 | ||||||||||||||||||||||||||||||||||||||||||||||||
provision pursuant to tax receivable agreement | -420,792,000 | 961,948,000 | 6,535,000 | 9,243,000 | -176,000 | 9,240,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
money management fees | 253,031,000 | 287,171,000 | 241,478,000 | 234,921,000 | 231,137,000 | 237,764,000 | 214,867,000 | 201,642,000 | 204,561,000 | 201,122,000 | 213,276,000 | 230,906,000 | 214,692,000 | 252,045,000 | 202,662,000 | 180,899,000 | 177,103,000 | 195,586,000 | 149,102,000 | 120,301,000 | 98,943,000 | 124,207,000 | 155,920,000 | 165,699,000 | 158,082,000 | 214,567,000 | 164,405,000 | 148,518,000 | 135,826,000 | 163,974,000 | 116,113,000 | 119,902,000 | 110,569,000 | 132,508,000 | 101,282,000 | 100,348,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
less—net income attributable to noncontrolling interests | 3,504,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring | 87,108,000 | 62,550,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid per share of common stock | 0.1 | 0.1 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | -5,875,000 | 8,304,000 | 18,110,000 | 4,840,000 | 14,958,000 | 28,284,000 | 20,313,000 | 17,061,000 | 23,985,000 | 10,153,000 | 18,734,000 | 15,940,000 | 8,542,000 | 17,177,000 | 25,463,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest | 59,968,000 | -143,017,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares of class a common stock outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 99,460,256,000 | 97,479,092,000 | 98,112,393,000 | 97,534,319,000 | 95,255,423,000 | 93,139,352,000 | 93,627,476,000 | 92,886,364,000 | 91,260,465,000 | 88,993,985,000 | 89,425,900,000 | 88,729,654,000 | 87,591,852,000 | 95,664,129,000 | 93,275,631,000 | 98,660,173,000 | 102,547,277,000 | 106,035,808,000 | 105,415,743,000 | 106,746,654,000 | 107,291,560,000 | 106,862,739,000 | 107,168,615,000 | 106,662,064,000 | 106,303,962,000 | 110,189,862,000 | 109,285,727,000 | 111,981,204,000 | 111,944,255,000 | 119,006,531,000 | 119,456,516,000 | 120,306,257,000 | 119,930,106,000 | 121,573,442,000 | 121,243,598,000 | 122,368,150,000 | 122,815,163,000 | 124,770,401,000 | 124,408,884,000 | 125,461,948,000 | 126,040,441,000 | 125,366,272,000 | 125,925,006,000 | 126,212,645,000 | 123,655,689,000 | 122,351,836,000 | 122,206,914,000 | 123,116,776,000 | 121,776,207,000 | 120,854,267,000 | 122,199,954,000 | 121,759,982,000 | 117,708,204,000 | 116,953,989,000 | 115,603,351,000 | 118,235,320,000 | 119,229,541,000 | 118,032,020,000 | 118,315,944,000 | 119,107,386,000 | 115,334,754,000 | 104,411,253,000 | 111,059,071,000 | 103,527,014,000 | 89,736,137,000 | 78,311,947,000 | 80,756,718,000 | 74,935,658,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 56,416,850,000 | 49,980,193,000 | 51,185,639,000 | 51,078,444,000 | 51,439,125,000 | 51,439,068,000 | 38,432,815,000 | 37,388,185,000 | 37,480,751,000 | 37,502,889,000 | 37,500,000,000 | 37,500,000,000 | 37,500,000 | 100,000,000,000 |
diluted | 106,787,975,000 | 106,338,079,000 | 108,001,762,000 | 104,911,633,000 | 104,828,753,000 | 102,392,171,000 | 103,475,234,000 | 100,627,867,000 | 99,351,769,000 | 88,993,985,000 | 94,309,224,000 | 88,729,654,000 | 87,591,852,000 | 100,997,674,000 | 98,865,156,000 | 102,753,336,000 | 108,186,642,000 | 113,674,699,000 | 112,994,037,000 | 113,603,478,000 | 115,822,294,000 | 113,483,380,000 | 113,181,564,000 | 111,487,749,000 | 114,120,179,000 | 116,079,806,000 | 113,881,690,000 | 116,175,349,000 | 120,820,084,000 | 129,767,592,000 | 129,859,728,000 | 130,249,054,000 | 132,142,394,000 | 132,479,728,000 | 132,393,664,000 | 132,139,616,000 | 132,689,375,000 | 132,633,630,000 | 132,320,855,000 | 132,341,522,000 | 132,891,284,000 | 133,244,546,000 | 133,115,419,000 | 132,806,045,000 | 133,735,946,000 | 133,813,123,000 | 133,566,684,000 | 133,575,652,000 | 134,025,991,000 | 133,737,079,000 | 134,242,144,000 | 132,464,296,000 | 132,815,560,000 | 129,325,622,000 | 135,380,036,000 | 134,636,935,000 | 136,594,178,000 | 137,629,525,000 | 136,857,956,000 | 139,347,933,000 | 138,590,593,000 | 138,469,654,000 | 138,094,101,000 | 139,944,310,000 | 89,736,137,000 | 78,311,947,000 | 131,468,085,000 | 127,984,819,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 126,711,796,000 | 110,396,898,000 | 62,212,617,000 | 116,344,656,000 | 62,737,737,000 | 118,216,333,000 | 44,166,131,000 | 41,577,615,000 | 43,980,216,000 | 41,042,544,000 | 37,561,138,000 | 37,528,978,000 | 100,000,000 | 100,000,000,000 |
dividends paid per share of class a common stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.052 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interest in net income | 69,628,000 | 13,182,000 | 55,089,750 | 90,302,000 | 68,850,000 | 61,207,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premises and occupancy costs | 18,106,000 | 16,705,000 | 16,820,000 | 17,545,000 | 16,591,000 | 18,053,000 | 16,653,000 | 17,477,000 | 22,227,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
professional fees | 16,214,000 | 18,673,000 | 20,226,000 | 20,527,000 | 14,877,000 | 15,221,000 | 12,516,000 | 14,737,000 | 13,656,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
travel and entertainment | 12,547,000 | 14,476,000 | 10,643,000 | 11,065,000 | 8,887,000 | 13,428,000 | 10,663,000 | 11,130,000 | 13,839,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
communications and information services | 8,389,000 | 8,250,000 | 6,853,000 | 6,957,000 | 7,472,000 | 7,234,000 | 7,424,000 | 6,850,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment costs | 5,057,000 | 5,061,000 | 4,973,000 | 5,111,000 | 5,129,000 | 5,095,000 | 5,975,000 | 4,736,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commissions | 3,118,500 | 3,195,000 | 4,856,000 | 4,423,000 | 3,478,000 | 3,569,000 | 3,941,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
underwriting | 3,228,000 | 2,487,000 | 8,746,000 | 1,679,000 | 5,928,000 | 4,626,000 | 2,775,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment gains and losses—net | 3,418,250 | 4,448,000 | -1,223,000 | 10,448,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income from continuing operations | 115,207,000 | 49,193,000 | 84,693,000 | 78,116,000 | 77,084,000 | 77,289,000 | 89,720,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before minority interest in net income | 91,222,000 | 39,040,000 | 65,959,000 | 62,176,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 36,596,000 | 13,158,000 | 23,545,000 | 19,686,000 | 23,934,000 | 19,011,000 | 37,911,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares of class a common stock outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 99,460,256,000 | 97,479,092,000 | 98,112,393,000 | 97,534,319,000 | 95,255,423,000 | 93,139,352,000 | 93,627,476,000 | 92,886,364,000 | 91,260,465,000 | 88,993,985,000 | 89,425,900,000 | 88,729,654,000 | 87,591,852,000 | 95,664,129,000 | 93,275,631,000 | 98,660,173,000 | 102,547,277,000 | 106,035,808,000 | 105,415,743,000 | 106,746,654,000 | 107,291,560,000 | 106,862,739,000 | 107,168,615,000 | 106,662,064,000 | 106,303,962,000 | 110,189,862,000 | 109,285,727,000 | 111,981,204,000 | 111,944,255,000 | 119,006,531,000 | 119,456,516,000 | 120,306,257,000 | 119,930,106,000 | 121,573,442,000 | 121,243,598,000 | 122,368,150,000 | 122,815,163,000 | 124,770,401,000 | 124,408,884,000 | 125,461,948,000 | 126,040,441,000 | 125,366,272,000 | 125,925,006,000 | 126,212,645,000 | 123,655,689,000 | 122,351,836,000 | 122,206,914,000 | 123,116,776,000 | 121,776,207,000 | 120,854,267,000 | 122,199,954,000 | 121,759,982,000 | 117,708,204,000 | 116,953,989,000 | 115,603,351,000 | 118,235,320,000 | 119,229,541,000 | 118,032,020,000 | 118,315,944,000 | 119,107,386,000 | 115,334,754,000 | 104,411,253,000 | 111,059,071,000 | 103,527,014,000 | 89,736,137,000 | 78,311,947,000 | 80,756,718,000 | 74,935,658,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 56,416,850,000 | 49,980,193,000 | 51,185,639,000 | 51,078,444,000 | 51,439,125,000 | 51,439,068,000 | 38,432,815,000 | 37,388,185,000 | 37,480,751,000 | 37,502,889,000 | 37,500,000,000 | 37,500,000,000 | 37,500,000 | 100,000,000,000 |
diluted | 106,787,975,000 | 106,338,079,000 | 108,001,762,000 | 104,911,633,000 | 104,828,753,000 | 102,392,171,000 | 103,475,234,000 | 100,627,867,000 | 99,351,769,000 | 88,993,985,000 | 94,309,224,000 | 88,729,654,000 | 87,591,852,000 | 100,997,674,000 | 98,865,156,000 | 102,753,336,000 | 108,186,642,000 | 113,674,699,000 | 112,994,037,000 | 113,603,478,000 | 115,822,294,000 | 113,483,380,000 | 113,181,564,000 | 111,487,749,000 | 114,120,179,000 | 116,079,806,000 | 113,881,690,000 | 116,175,349,000 | 120,820,084,000 | 129,767,592,000 | 129,859,728,000 | 130,249,054,000 | 132,142,394,000 | 132,479,728,000 | 132,393,664,000 | 132,139,616,000 | 132,689,375,000 | 132,633,630,000 | 132,320,855,000 | 132,341,522,000 | 132,891,284,000 | 133,244,546,000 | 133,115,419,000 | 132,806,045,000 | 133,735,946,000 | 133,813,123,000 | 133,566,684,000 | 133,575,652,000 | 134,025,991,000 | 133,737,079,000 | 134,242,144,000 | 132,464,296,000 | 132,815,560,000 | 129,325,622,000 | 135,380,036,000 | 134,636,935,000 | 136,594,178,000 | 137,629,525,000 | 136,857,956,000 | 139,347,933,000 | 138,590,593,000 | 138,469,654,000 | 138,094,101,000 | 139,944,310,000 | 89,736,137,000 | 78,311,947,000 | 131,468,085,000 | 127,984,819,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 126,711,796,000 | 110,396,898,000 | 62,212,617,000 | 116,344,656,000 | 62,737,737,000 | 118,216,333,000 | 44,166,131,000 | 41,577,615,000 | 43,980,216,000 | 41,042,544,000 | 37,561,138,000 | 37,528,978,000 | 100,000,000 | 100,000,000,000 |
net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading gains and losses—net | 1,283,000 | 2,583,000 | 3,179,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment gains and losses, non-trading—net | 1,846,250 | 4,471,000 | 4,802,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before minority interest | 53,708,750 | 60,112,000 | 64,257,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 19,426,750 | 41,101,000 | 26,346,000 | 14,965,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
extraordinary gain | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 99,460,256,000 | 97,479,092,000 | 98,112,393,000 | 97,534,319,000 | 95,255,423,000 | 93,139,352,000 | 93,627,476,000 | 92,886,364,000 | 91,260,465,000 | 88,993,985,000 | 89,425,900,000 | 88,729,654,000 | 87,591,852,000 | 95,664,129,000 | 93,275,631,000 | 98,660,173,000 | 102,547,277,000 | 106,035,808,000 | 105,415,743,000 | 106,746,654,000 | 107,291,560,000 | 106,862,739,000 | 107,168,615,000 | 106,662,064,000 | 106,303,962,000 | 110,189,862,000 | 109,285,727,000 | 111,981,204,000 | 111,944,255,000 | 119,006,531,000 | 119,456,516,000 | 120,306,257,000 | 119,930,106,000 | 121,573,442,000 | 121,243,598,000 | 122,368,150,000 | 122,815,163,000 | 124,770,401,000 | 124,408,884,000 | 125,461,948,000 | 126,040,441,000 | 125,366,272,000 | 125,925,006,000 | 126,212,645,000 | 123,655,689,000 | 122,351,836,000 | 122,206,914,000 | 123,116,776,000 | 121,776,207,000 | 120,854,267,000 | 122,199,954,000 | 121,759,982,000 | 117,708,204,000 | 116,953,989,000 | 115,603,351,000 | 118,235,320,000 | 119,229,541,000 | 118,032,020,000 | 118,315,944,000 | 119,107,386,000 | 115,334,754,000 | 104,411,253,000 | 111,059,071,000 | 103,527,014,000 | 89,736,137,000 | 78,311,947,000 | 80,756,718,000 | 74,935,658,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 56,416,850,000 | 49,980,193,000 | 51,185,639,000 | 51,078,444,000 | 51,439,125,000 | 51,439,068,000 | 38,432,815,000 | 37,388,185,000 | 37,480,751,000 | 37,502,889,000 | 37,500,000,000 | 37,500,000,000 | 37,500,000 | 100,000,000,000 |
diluted | 106,787,975,000 | 106,338,079,000 | 108,001,762,000 | 104,911,633,000 | 104,828,753,000 | 102,392,171,000 | 103,475,234,000 | 100,627,867,000 | 99,351,769,000 | 88,993,985,000 | 94,309,224,000 | 88,729,654,000 | 87,591,852,000 | 100,997,674,000 | 98,865,156,000 | 102,753,336,000 | 108,186,642,000 | 113,674,699,000 | 112,994,037,000 | 113,603,478,000 | 115,822,294,000 | 113,483,380,000 | 113,181,564,000 | 111,487,749,000 | 114,120,179,000 | 116,079,806,000 | 113,881,690,000 | 116,175,349,000 | 120,820,084,000 | 129,767,592,000 | 129,859,728,000 | 130,249,054,000 | 132,142,394,000 | 132,479,728,000 | 132,393,664,000 | 132,139,616,000 | 132,689,375,000 | 132,633,630,000 | 132,320,855,000 | 132,341,522,000 | 132,891,284,000 | 133,244,546,000 | 133,115,419,000 | 132,806,045,000 | 133,735,946,000 | 133,813,123,000 | 133,566,684,000 | 133,575,652,000 | 134,025,991,000 | 133,737,079,000 | 134,242,144,000 | 132,464,296,000 | 132,815,560,000 | 129,325,622,000 | 135,380,036,000 | 134,636,935,000 | 136,594,178,000 | 137,629,525,000 | 136,857,956,000 | 139,347,933,000 | 138,590,593,000 | 138,469,654,000 | 138,094,101,000 | 139,944,310,000 | 89,736,137,000 | 78,311,947,000 | 131,468,085,000 | 127,984,819,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 126,711,796,000 | 110,396,898,000 | 62,212,617,000 | 116,344,656,000 | 62,737,737,000 | 118,216,333,000 | 44,166,131,000 | 41,577,615,000 | 43,980,216,000 | 41,042,544,000 | 37,561,138,000 | 37,528,978,000 | 100,000,000 | 100,000,000,000 |
total revenues | 258,459,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net revenues | 245,589,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income or loss | 2,789,738,128,278,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income allocable to members before minority interest | 3,001,887,030,888,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income allocable to members | 15,053,871,159,241,255,000,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 99,460,256,000 | 97,479,092,000 | 98,112,393,000 | 97,534,319,000 | 95,255,423,000 | 93,139,352,000 | 93,627,476,000 | 92,886,364,000 | 91,260,465,000 | 88,993,985,000 | 89,425,900,000 | 88,729,654,000 | 87,591,852,000 | 95,664,129,000 | 93,275,631,000 | 98,660,173,000 | 102,547,277,000 | 106,035,808,000 | 105,415,743,000 | 106,746,654,000 | 107,291,560,000 | 106,862,739,000 | 107,168,615,000 | 106,662,064,000 | 106,303,962,000 | 110,189,862,000 | 109,285,727,000 | 111,981,204,000 | 111,944,255,000 | 119,006,531,000 | 119,456,516,000 | 120,306,257,000 | 119,930,106,000 | 121,573,442,000 | 121,243,598,000 | 122,368,150,000 | 122,815,163,000 | 124,770,401,000 | 124,408,884,000 | 125,461,948,000 | 126,040,441,000 | 125,366,272,000 | 125,925,006,000 | 126,212,645,000 | 123,655,689,000 | 122,351,836,000 | 122,206,914,000 | 123,116,776,000 | 121,776,207,000 | 120,854,267,000 | 122,199,954,000 | 121,759,982,000 | 117,708,204,000 | 116,953,989,000 | 115,603,351,000 | 118,235,320,000 | 119,229,541,000 | 118,032,020,000 | 118,315,944,000 | 119,107,386,000 | 115,334,754,000 | 104,411,253,000 | 111,059,071,000 | 103,527,014,000 | 89,736,137,000 | 78,311,947,000 | 80,756,718,000 | 74,935,658,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 56,416,850,000 | 49,980,193,000 | 51,185,639,000 | 51,078,444,000 | 51,439,125,000 | 51,439,068,000 | 38,432,815,000 | 37,388,185,000 | 37,480,751,000 | 37,502,889,000 | 37,500,000,000 | 37,500,000,000 | 37,500,000 | 100,000,000,000 |
diluted | 106,787,975,000 | 106,338,079,000 | 108,001,762,000 | 104,911,633,000 | 104,828,753,000 | 102,392,171,000 | 103,475,234,000 | 100,627,867,000 | 99,351,769,000 | 88,993,985,000 | 94,309,224,000 | 88,729,654,000 | 87,591,852,000 | 100,997,674,000 | 98,865,156,000 | 102,753,336,000 | 108,186,642,000 | 113,674,699,000 | 112,994,037,000 | 113,603,478,000 | 115,822,294,000 | 113,483,380,000 | 113,181,564,000 | 111,487,749,000 | 114,120,179,000 | 116,079,806,000 | 113,881,690,000 | 116,175,349,000 | 120,820,084,000 | 129,767,592,000 | 129,859,728,000 | 130,249,054,000 | 132,142,394,000 | 132,479,728,000 | 132,393,664,000 | 132,139,616,000 | 132,689,375,000 | 132,633,630,000 | 132,320,855,000 | 132,341,522,000 | 132,891,284,000 | 133,244,546,000 | 133,115,419,000 | 132,806,045,000 | 133,735,946,000 | 133,813,123,000 | 133,566,684,000 | 133,575,652,000 | 134,025,991,000 | 133,737,079,000 | 134,242,144,000 | 132,464,296,000 | 132,815,560,000 | 129,325,622,000 | 135,380,036,000 | 134,636,935,000 | 136,594,178,000 | 137,629,525,000 | 136,857,956,000 | 139,347,933,000 | 138,590,593,000 | 138,469,654,000 | 138,094,101,000 | 139,944,310,000 | 89,736,137,000 | 78,311,947,000 | 131,468,085,000 | 127,984,819,000 | 70,144,338,000 | 60,874,734,000 | 66,002,049,000 | 126,711,796,000 | 110,396,898,000 | 62,212,617,000 | 116,344,656,000 | 62,737,737,000 | 118,216,333,000 | 44,166,131,000 | 41,577,615,000 | 43,980,216,000 | 41,042,544,000 | 37,561,138,000 | 37,528,978,000 | 100,000,000 | 100,000,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2005-06-30 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,020,666,000 | 1,386,000 | 1,171,985,000 | 978,259,000 | 908,586,000 | 1,049,000 | 1,165,718,000 | 847,555,000 | 923,247,000 | 1,901,000 | 653,355,000 | 697,756,000 | 596,601,000 | 709,000 | 1,000,102,000 | 907,472,000 | 878,167,000 | 1,465,022,000 | 1,184,772,000 | 979,899,000 | 974,696,000 | 453,000 | 1,109,745,000 | 896,843,000 | 793,477,000 | 1,231,593,000 | 959,001,000 | 919,221,000 | 1,011,353,000 | 1,246,537,000 | 1,132,395,000 | 845,167,000 | 962,280,000 | 1,483,836,000 | 1,254,010,000 | 955,639,000 | 891,455,000 | 1,158,785,000 | 853,887,000 | 646,454,000 | 701,324,000 | 1,132,083,000 | 859,984,000 | 701,172,000 | 606,336,000 | 1,066,580,000 | 820,584,000 | 684,491,000 | 666,589,000 | 841,482,000 | 688,367,000 | 601,485,000 | 586,111,000 | 850,190,000 | 832,940,000 | 751,238,000 | 765,686,000 | 1,003,791,000 | 989,894,000 | 984,012,000 | 1,015,934,000 | 1,209,695,000 | 847,431,000 | 797,432,000 | 704,107,000 | 917,329,000 | 795,074,000 | 895,984,000 | 826,599,000 | 909,707,000 | 774,948,000 | 758,664,000 | 729,098,000 | 1,055,844,000 | 959,122,000 | 1,029,036,000 | 682,227,000 | 969,483,000 | 530,292,000 | 442,355,000 | 404,172,000 | 492,309,000 | 371,983,000 | 320,784,000 | 234,227,000 |
deposits with banks and short-term investments | 207,207,000 | 217,606,000 | 237,141,000 | 264,944,000 | 313,023,000 | 203,809,000 | 247,847,000 | 319,382,000 | 446,777,000 | 522,560,000 | 1,341,514,000 | 1,700,961,000 | 1,638,519,000 | 1,347,544,000 | 1,360,957,000 | 1,111,347,000 | 1,014,145,000 | 1,193,717,000 | 1,155,539,000 | 1,080,737,000 | 1,180,686,000 | 1,289,288,000 | 1,301,520,000 | 1,138,010,000 | 1,006,969,000 | 1,015,872,000 | 1,000,662,000 | 862,865,000 | 935,431,000 | 652,484,000 | 756,507,000 | 572,496,000 | 419,668,000 | 534,865,000 | 667,313,000 | 387,550,000 | 389,861,000 | 276,585,000 | 287,677,000 | 217,626,000 | 207,760,000 | 240,728,000 | |||||||||||||||||||||||||||||||||||||||||||
restricted cash | 6,590,000 | 33,452,000 | 32,908,000 | 34,252,000 | 34,998,000 | 33,089,000 | 33,558,000 | 34,038,000 | 35,368,000 | 36,985,000 | 621,099,000 | 617,057,000 | 615,225,000 | 617,448,000 | 615,297,000 | 614,291,000 | 615,090,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fees | 574,003,000 | 613,714,000 | 578,535,000 | 531,498,000 | 529,322,000 | 554,596,000 | 459,703,000 | 505,976,000 | 528,101,000 | 509,831,000 | 571,127,000 | 582,960,000 | 659,768,000 | 669,464,000 | 547,087,000 | 649,222,000 | 556,239,000 | 468,352,000 | 519,496,000 | 478,943,000 | 537,442,000 | 468,780,000 | 502,846,000 | 503,234,000 | 501,397,000 | 546,808,000 | 610,488,000 | 543,758,000 | 487,800,000 | 451,218,000 | 527,470,000 | 439,836,000 | 564,291,000 | 440,823,000 | 402,986,000 | 414,464,000 | 423,817,000 | 426,441,000 | 443,682,000 | 457,337,000 | 483,681,000 | 429,477,000 | 439,957,000 | 401,037,000 | 452,535,000 | 430,197,000 | 391,762,000 | 368,682,000 | 400,529,000 | 389,346,000 | 388,588,000 | 436,201,000 | 402,843,000 | 439,857,000 | 418,126,000 | 424,827,000 | 480,340,000 | 463,718,000 | 394,777,000 | 440,620,000 | 437,532,000 | 400,570,000 | 329,675,000 | 289,087,000 | 391,251,000 | 366,492,000 | 379,256,000 | 381,001,000 | 520,883,000 | 428,176,000 | 375,817,000 | 314,185,000 | 417,519,000 | 275,759,000 | 304,889,000 | 280,968,000 | 280,923,000 | 313,188,000 | 264,640,000 | 240,412,000 | |||||
customers and other | 199,782,000 | 160,968,000 | 176,260,000 | 151,506,000 | 152,705,000 | 170,892,000 | 290,780,000 | 126,157,000 | 146,457,000 | 188,296,000 | 169,268,000 | 156,742,000 | 156,872,000 | 136,345,000 | 153,049,000 | 169,578,000 | 183,376,000 | 106,746,000 | 132,616,000 | 109,710,000 | 125,696,000 | 199,387,000 | 202,268,000 | 192,178,000 | 184,137,000 | 93,979,000 | 103,909,000 | 130,928,000 | 83,816,000 | 100,670,000 | 127,269,000 | 87,778,000 | 73,991,000 | 96,872,000 | 92,330,000 | 100,058,000 | 73,396,000 | 75,968,000 | 57,849,000 | 135,323,000 | 72,648,000 | 77,908,000 | 80,125,000 | 117,860,000 | 52,220,000 | 91,678,000 | 117,902,000 | 72,740,000 | 53,713,000 | 84,063,000 | 80,790,000 | 71,152,000 | 83,111,000 | 141,246,000 | 100,513,000 | 93,850,000 | 63,490,000 | 137,818,000 | 58,940,000 | 106,130,000 | 73,750,000 | 109,807,000 | 101,234,000 | 86,423,000 | 81,806,000 | 162,828,000 | |||||||||||||||||||
investments | 516,555,000 | 623,711,000 | 637,473,000 | 506,497,000 | 688,411,000 | 687,507,000 | 620,615,000 | 657,880,000 | 690,199,000 | 741,868,000 | 638,960,000 | 787,139,000 | 869,844,000 | 1,007,339,000 | 914,975,000 | 867,707,000 | 782,351,000 | 535,245,000 | 523,366,000 | 505,753,000 | 531,995,000 | 535,848,000 | 575,424,000 | 615,781,000 | 575,148,000 | 609,595,000 | 505,194,000 | 354,952,000 | 427,186,000 | 426,948,000 | 421,727,000 | 382,074,000 | 459,422,000 | 462,758,000 | 491,346,000 | 460,281,000 | 541,911,000 | 575,204,000 | 557,751,000 | 486,746,000 | 620,352,000 | 549,922,000 | 538,924,000 | 417,295,000 | 478,105,000 | 469,722,000 | 449,364,000 | 406,256,000 | 414,673,000 | 439,435,000 | 439,683,000 | 378,273,000 | 378,521,000 | 346,912,000 | 435,139,000 | 407,147,000 | 417,410,000 | ||||||||||||||||||||||||||||
property | 160,103,000 | 173,285,000 | 176,240,000 | 168,190,000 | 158,440,000 | 220,663,000 | 227,539,000 | 229,626,000 | 236,717,000 | 245,685,000 | 218,551,000 | 231,502,000 | 249,406,000 | 250,005,000 | 247,595,000 | 252,002,000 | 250,538,000 | 233,481,000 | 228,621,000 | 220,318,000 | 219,842,000 | 216,968,000 | 206,456,000 | 209,616,000 | 212,946,000 | 214,279,000 | 216,183,000 | 213,923,000 | 205,301,000 | 200,800,000 | 200,301,000 | 206,143,000 | 209,021,000 | 204,300,000 | 201,929,000 | 206,856,000 | 207,165,000 | 209,814,000 | 213,745,000 | 209,211,000 | 222,569,000 | 227,359,000 | 236,288,000 | 242,977,000 | 248,796,000 | 249,780,000 | 241,949,000 | 239,576,000 | 225,033,000 | 216,412,000 | 198,289,000 | 190,080,000 | 168,429,000 | 150,708,000 | 153,006,000 | 153,572,000 | 150,524,000 | 154,177,000 | 143,616,000 | 155,252,000 | 166,913,000 | 170,917,000 | 168,098,000 | 161,745,000 | 171,443,000 | 179,987,000 | 197,721,000 | 197,136,000 | 185,509,000 | 180,374,000 | 169,903,000 | 169,372,000 | 168,310,000 | 161,525,000 | 163,095,000 | 157,887,000 | 156,630,000 | ||||||||
operating lease right-of-use assets | 402,500,000 | 437,014,000 | 443,388,000 | 430,502,000 | 450,462,000 | 451,707,000 | 389,884,000 | 413,172,000 | 426,427,000 | 428,859,000 | 420,013,000 | 435,450,000 | 452,192,000 | 466,054,000 | 468,524,000 | 479,238,000 | 492,089,000 | 517,583,000 | 525,193,000 | 533,252,000 | 551,504,000 | 558,723,000 | 477,432,000 | 489,099,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible assets | 394,591,000 | 395,251,000 | 395,225,000 | 394,103,000 | 394,575,000 | 393,967,000 | 394,113,000 | 394,094,000 | 394,682,000 | 394,260,000 | 375,889,000 | 378,004,000 | 379,615,000 | 379,571,000 | 379,847,000 | 380,867,000 | 381,947,000 | 373,841,000 | 369,159,000 | 357,245,000 | 373,594,000 | 368,996,000 | 374,436,000 | 375,682,000 | 375,318,000 | 379,241,000 | 382,360,000 | 388,328,000 | 391,364,000 | 392,068,000 | 389,216,000 | 387,908,000 | 382,024,000 | 353,850,000 | 328,181,000 | 332,621,000 | 326,976,000 | 325,624,000 | 335,969,000 | 335,966,000 | 347,438,000 | 356,254,000 | 368,542,000 | 366,921,000 | 363,877,000 | 376,401,000 | 375,207,000 | 393,317,000 | 392,822,000 | 395,442,000 | 394,168,000 | 395,962,000 | 393,099,000 | 394,382,000 | 365,441,000 | 362,837,000 | 361,439,000 | 318,541,000 | 306,833,000 | 316,297,000 | 317,780,000 | 311,705,000 | 189,613,000 | 177,717,000 | 175,144,000 | 186,235,000 | 201,972,000 | 200,210,000 | 187,909,000 | 184,292,000 | |||||||||||||||
deferred tax assets | 463,527,000 | 1,077,000 | 473,879,000 | 492,254,000 | 496,848,000 | 1,192,000 | 526,800,000 | 507,572,000 | 506,171,000 | 507,952,000 | 524,053,000 | 367,655,000 | 390,543,000 | 408,187,000 | 429,227,000 | 435,308,000 | 480,533,000 | 492,364,000 | 506,836,000 | 557,120,000 | 563,243,000 | 569,546,000 | 586,750,000 | 601,183,000 | 589,076,000 | 591,704,000 | 597,776,000 | 610,389,000 | 618,455,000 | 638,381,000 | 650,260,000 | 1,099,870,000 | 1,113,528,000 | 1,135,107,000 | 1,075,777,000 | 1,107,046,000 | 1,123,369,000 | 1,126,019,000 | 1,130,595,000 | 1,113,060,000 | 1,255,440,000 | ||||||||||||||||||||||||||||||||||||||||||||
other assets | 295,124,000 | 753,000 | 333,055,000 | 345,703,000 | 345,141,000 | 1,052,000 | 405,550,000 | 455,837,000 | 493,513,000 | 453,874,000 | 476,400,000 | 534,917,000 | 17,000 | 460,859,000 | 506,322,000 | 519,511,000 | 373,081,000 | 373,944,000 | 410,285,000 | 452,252,000 | 29,000 | 329,907,000 | 357,759,000 | 404,744,000 | 257,199,000 | 313,425,000 | 319,033,000 | 333,518,000 | 258,634,000 | 304,235,000 | 308,485,000 | 351,037,000 | 228,144,000 | 222,951,000 | 243,625,000 | 248,774,000 | 184,499,000 | 212,734,000 | 228,191,000 | 248,384,000 | 226,014,000 | 250,498,000 | 264,930,000 | 331,305,000 | 266,651,000 | 295,418,000 | 316,965,000 | 342,488,000 | 259,277,000 | 303,326,000 | 322,712,000 | 328,400,000 | 268,406,000 | 297,863,000 | 307,867,000 | 323,225,000 | 272,098,000 | 325,097,000 | 262,169,000 | 282,279,000 | 265,310,000 | 279,340,000 | 239,742,000 | 240,672,000 | 248,355,000 | 239,231,000 | 244,600,000 | 259,802,000 | 259,561,000 | 242,577,000 | 247,570,000 | 227,638,000 | 200,547,000 | 185,751,000 | 164,953,000 | 138,768,000 | 124,616,000 | 112,731,000 | 113,983,000 | 102,716,000 | 96,310,000 | 88,184,000 | 91,867,000 | 108,246,000 | |
total assets | 4,240,648,000 | 924,039,000 | 4,633,920,000 | 4,493,386,000 | 4,232,067,000 | 638,250,000 | 4,820,004,000 | 4,527,194,000 | 4,586,970,000 | 424,183,000 | 4,295,506,000 | 4,602,937,000 | 4,567,517,000 | 568,552,000 | 6,207,925,000 | 6,711,796,000 | 6,848,346,000 | 7,147,181,000 | 6,726,580,000 | 6,406,800,000 | 6,209,559,000 | 919,755,000 | 5,466,997,000 | 5,312,118,000 | 5,095,123,000 | 5,639,581,000 | 5,551,879,000 | 5,507,473,000 | 5,499,477,000 | 4,997,241,000 | 4,944,778,000 | 4,627,992,000 | 4,485,095,000 | 4,928,677,000 | 4,836,388,000 | 4,769,762,000 | 4,385,258,000 | 4,556,508,000 | 4,302,303,000 | 4,215,621,000 | 4,011,591,000 | 4,486,766,000 | 4,148,037,000 | 4,151,941,000 | 2,827,731,000 | 3,332,236,000 | 3,042,890,000 | 3,079,476,000 | 2,898,203,000 | 3,011,137,000 | 2,956,456,000 | 2,921,229,000 | 2,728,167,000 | 2,986,893,000 | 2,994,946,000 | 2,977,854,000 | 2,907,998,000 | 3,081,936,000 | 3,136,469,000 | 3,081,014,000 | 3,159,360,000 | 3,422,532,000 | 3,123,698,000 | 2,808,884,000 | 2,885,530,000 | 3,147,762,000 | 2,899,588,000 | 2,653,330,000 | 2,396,215,000 | 2,862,931,000 | 3,324,739,000 | 3,632,311,000 | 3,356,976,000 | 3,840,413,000 | 3,514,194,000 | 3,109,662,000 | 2,614,790,000 | 3,208,665,000 | 2,031,261,000 | 2,109,518,000 | 1,778,044,000 | 1,910,897,000 | 1,809,259,000 | 2,098,790,000 | 3,850,341,000 |
liabilities, redeemable noncontrolling interests and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits and other customer payables | 357,714,000 | 346,899,000 | 400,328,000 | 335,380,000 | 346,834,000 | 382,115,000 | 536,343,000 | 462,841,000 | 587,838,000 | 697,088,000 | 1,499,812,000 | 1,831,825,000 | 1,748,858,000 | 1,442,701,000 | 1,450,764,000 | 1,228,248,000 | 1,239,716,000 | 1,244,562,000 | 1,230,920,000 | 1,144,992,000 | 1,246,200,000 | 1,405,836,000 | 1,480,684,000 | 1,315,867,000 | 1,154,207,000 | 1,056,342,000 | 1,055,244,000 | 955,723,000 | 992,338,000 | 702,014,000 | 829,993,000 | 625,797,000 | 472,283,000 | 587,059,000 | 721,171,000 | 525,439,000 | 506,665,000 | 399,824,000 | 375,835,000 | 377,511,000 | 314,284,000 | 278,334,000 | 401,002,000 | 350,114,000 | 275,434,000 | 289,872,000 | 385,985,000 | 246,792,000 | 269,763,000 | 262,206,000 | 338,514,000 | 274,690,000 | 288,427,000 | 342,704,000 | 273,465,000 | 330,390,000 | 361,553,000 | 408,768,000 | 289,528,000 | 349,718,000 | 322,101,000 | 286,580,000 | 382,334,000 | 317,448,000 | 873,665,000 | 1,095,801,000 | 766,114,000 | 858,733,000 | 914,039,000 | 802,335,000 | 800,718,000 | 1,195,014,000 | 676,870,000 | 812,006,000 | |||||||||||
accrued compensation and benefits | 214,084,000 | 505,860,000 | 391,048,000 | 248,194,000 | 633,712,000 | 550,189,000 | 495,923,000 | 496,711,000 | 601,689,000 | 442,890,000 | 531,496,000 | 494,464,000 | 501,325,000 | 972,303,000 | 711,779,000 | 644,777,000 | 485,739,000 | 451,180,000 | 365,989,000 | 338,913,000 | 602,777,000 | 418,779,000 | 331,636,000 | 309,794,000 | 585,484,000 | 489,090,000 | 403,495,000 | 331,734,000 | 593,781,000 | 490,844,000 | 378,279,000 | 288,987,000 | 541,588,000 | 375,512,000 | 270,468,000 | 234,741,000 | 570,409,000 | 455,966,000 | 387,467,000 | 316,553,000 | 606,290,000 | 517,640,000 | 420,872,000 | 339,162,000 | 523,063,000 | 382,064,000 | 336,194,000 | 273,962,000 | 467,578,000 | 301,174,000 | 251,120,000 | 210,439,000 | 383,513,000 | 250,252,000 | 183,660,000 | 134,836,000 | 498,880,000 | 320,663,000 | 227,630,000 | 167,825,000 | 515,033,000 | 191,947,000 | 139,430,000 | 91,441,000 | 137,427,000 | 109,649,000 | 97,988,000 | 498,058,000 | 341,670,000 | 194,229,000 | 186,406,000 | 437,738,000 | 282,747,000 | 235,417,000 | 179,727,000 | 346,090,000 | 247,415,000 | ||||||||
operating lease liabilities | 472,576,000 | 510,761,000 | 518,172,000 | 503,875,000 | 521,521,000 | 522,864,000 | 467,351,000 | 492,036,000 | 507,157,000 | 509,761,000 | 502,206,000 | 520,025,000 | 536,910,000 | 552,522,000 | 554,900,000 | 567,726,000 | 582,178,000 | 609,850,000 | 618,362,000 | 623,926,000 | 644,345,000 | 652,681,000 | 555,324,000 | 568,108,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior debt | 1,688,808,000 | 1,687,281,000 | 1,688,631,000 | 1,687,841,000 | 1,852,843,000 | 1,852,149,000 | 1,851,444,000 | 1,689,579,000 | 1,688,957,000 | 1,688,335,000 | 1,687,092,000 | 1,686,471,000 | 1,685,849,000 | 1,685,227,000 | 1,684,606,000 | 1,683,984,000 | 1,683,362,000 | 1,681,487,000 | 1,680,845,000 | 1,680,204,000 | 1,679,562,000 | 1,678,921,000 | 1,678,131,000 | 1,759,297,000 | 1,434,260,000 | 1,433,702,000 | 1,191,277,000 | 1,190,830,000 | 1,190,383,000 | 1,189,936,000 | 1,189,489,000 | 1,189,043,000 | 1,188,600,000 | 990,488,000 | 990,111,000 | 989,735,000 | 998,350,000 | 998,350,000 | 998,350,000 | 998,350,000 | 1,048,350,000 | 1,048,350,000 | 1,048,350,000 | 1,048,350,000 | 1,048,350,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,076,850,000 | 1,086,850,000 | 1,086,850,000 | 1,086,850,000 | 1,086,850,000 | 1,086,850,000 | 1,150,000,000 | 1,150,000,000 | 1,587,500,000 | 1,587,500,000 | |||||||||||||||||
deferred tax liabilities | 1,122,000 | 959,000 | 644,000 | 1,077,000 | 2,173,000 | 3,944,000 | 2,177,000 | 5,383,000 | 6,581,000 | 4,793,000 | 8,964,000 | 13,606,000 | 15,884,000 | 1,827,000 | 1,323,000 | 1,335,000 | 2,202,000 | 2,582,000 | 2,921,000 | 963,000 | 3,511,000 | 1,998,000 | 2,717,000 | 952,000 | 5,571,000 | 6,481,000 | 7,184,000 | 9,520,000 | 9,407,000 | 4,281,000 | 8,966,000 | 8,801,000 | 9,168,000 | 9,377,000 | 10,046,000 | 10,794,000 | 11,104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 552,463,000 | 240,000 | 569,336,000 | 548,675,000 | 647,510,000 | 179,000 | 614,329,000 | 536,675,000 | 581,725,000 | 424,000 | 529,068,000 | 592,701,000 | 508,206,000 | 186,000 | 530,137,000 | 570,265,000 | 622,403,000 | 626,203,000 | 559,258,000 | 562,639,000 | 563,427,000 | 154,000 | 476,748,000 | 507,223,000 | 524,721,000 | 534,268,000 | 460,490,000 | 494,150,000 | 527,121,000 | 576,986,000 | 560,415,000 | 580,525,000 | 663,892,000 | 573,588,000 | 568,017,000 | 547,488,000 | 539,656,000 | 530,241,000 | 517,065,000 | 497,467,000 | 505,473,000 | 499,942,000 | 548,432,000 | 522,746,000 | 559,284,000 | 559,346,000 | 536,065,000 | 565,252,000 | 587,108,000 | 513,427,000 | 529,820,000 | 509,062,000 | 531,805,000 | 499,651,000 | 499,705,000 | 459,589,000 | 454,362,000 | 440,131,000 | 523,023,000 | 512,682,000 | 600,967,000 | 513,410,000 | 509,110,000 | 459,553,000 | 536,646,000 | 508,603,000 | 514,600,000 | 472,193,000 | 462,303,000 | 571,253,000 | 501,749,000 | 613,988,000 | 569,179,000 | 505,244,000 | 430,221,000 | 460,371,000 | 438,473,000 | 422,651,000 | 424,126,000 | 514,555,000 | 517,590,000 | 542,929,000 | 579,765,000 | ||
total liabilities | 3,286,767,000 | 50,384,000 | 3,676,776,000 | 3,623,324,000 | 3,499,703,000 | 2,010,000 | 4,055,549,000 | 3,932,073,000 | 4,049,964,000 | 424,000 | 3,794,164,000 | 4,103,469,000 | 3,969,636,000 | 12,089,000 | 4,952,106,000 | 5,309,129,000 | 5,303,718,000 | 5,494,217,000 | 5,173,866,000 | 4,899,945,000 | 4,767,860,000 | 7,983,000 | 4,688,299,000 | 4,628,150,000 | 4,535,506,000 | 4,958,007,000 | 4,865,658,000 | 4,789,595,000 | 4,728,105,000 | 4,027,148,000 | 3,823,193,000 | 3,514,888,000 | 3,428,914,000 | 3,669,772,000 | 3,467,913,000 | 3,467,049,000 | 3,172,071,000 | 3,262,695,000 | 3,001,161,000 | 3,011,277,000 | 2,788,843,000 | 3,119,460,000 | 2,936,164,000 | 3,282,572,000 | 2,290,426,000 | 2,562,179,000 | 2,405,230,000 | 2,512,775,000 | 2,342,562,000 | 2,381,139,000 | 2,299,395,000 | 2,329,018,000 | 2,151,066,000 | 2,335,353,000 | 2,161,120,000 | 2,151,446,000 | 2,047,220,000 | 2,215,080,000 | 2,218,487,000 | 2,223,222,000 | 2,318,899,000 | 2,626,415,000 | 2,487,704,000 | 2,223,946,000 | 2,316,607,000 | 2,624,665,000 | 2,274,995,000 | 2,277,348,000 | 2,150,294,000 | 2,932,422,000 | 3,058,855,000 | 3,274,932,000 | 3,717,299,000 | 3,539,761,000 | 3,205,275,000 | 2,765,930,000 | 3,393,521,000 | 2,701,202,000 | 2,812,019,000 | 2,493,260,000 | 2,669,839,000 | 2,622,280,000 | 3,421,765,000 | ||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 81,426,000 | 78,518,000 | 83,578,000 | 83,811,000 | 84,467,000 | 80,931,000 | 88,475,000 | 81,781,000 | 83,583,000 | 89,472,000 | 578,495,000 | 575,710,000 | 575,000,000 | 575,000,000 | 575,000,000 | 575,000,000 | 575,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value 0.01 per share... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
par value 0.01 per share... | 1,117,000 | 1,127,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in-capital | 106,494,000 | 340,351,000 | 293,012,000 | 225,058,000 | 131,697,000 | 327,810,000 | 284,091,000 | 218,455,000 | 134,573,000 | 247,204,000 | 202,617,000 | 167,622,000 | 94,312,000 | 167,890,000 | 126,746,000 | 71,918,000 | 144,729,000 | 110,470,000 | 58,000,000 | 135,439,000 | 95,143,000 | 52,274,000 | 41,020,000 | 682,003,000 | 582,342,000 | 535,926,000 | 750,692,000 | 701,849,000 | 652,013,000 | 619,430,000 | 788,140,000 | 732,981,000 | 673,242,000 | 608,073,000 | 688,231,000 | 623,512,000 | 569,154,000 | 526,298,000 | 600,034,000 | 569,535,000 | 527,454,000 | 509,383,000 | 702,800,000 | 657,279,000 | 612,952,000 | 556,711,000 | 737,899,000 | 693,741,000 | 659,365,000 | 605,166,000 | 846,050,000 | 750,647,000 | 700,064,000 | 638,868,000 | 659,013,000 | 685,800,000 | 642,269,000 | 612,101,000 | 758,841,000 | 666,705,000 | 643,921,000 | 606,392,000 | 549,931,000 | 585,246,000 | 538,227,000 | 492,097,000 | 366,712,000 | 251,748,000 | -98,764,000 | -161,924,000 | -249,602,000 | -338,527,000 | -371,238,000 | -396,792,000 | -795,966,000 | -818,536,000 | -859,877,000 | -885,690,000 | -913,860,000 | ||||||
retained earnings | 1,559,269,000 | 1,488,107,000 | 1,493,261,000 | 1,477,618,000 | 1,477,662,000 | 1,472,113,000 | 1,437,698,000 | 1,382,703,000 | 1,384,829,000 | 1,402,636,000 | 1,388,508,000 | 1,431,181,000 | 1,604,650,000 | 1,676,713,000 | 1,682,398,000 | 1,628,182,000 | 1,583,005,000 | 1,560,636,000 | 1,402,191,000 | 1,348,121,000 | 1,278,907,000 | 1,295,386,000 | 1,160,310,000 | 1,140,015,000 | 1,119,176,000 | 1,193,570,000 | 1,168,382,000 | 1,179,901,000 | 1,171,754,000 | 1,195,563,000 | 1,140,610,000 | 1,092,381,000 | 1,005,548,000 | 1,080,413,000 | 1,219,303,000 | 1,166,026,000 | 1,101,988,000 | 1,134,186,000 | 1,058,189,000 | 998,132,000 | 970,808,000 | 1,123,728,000 | 1,014,145,000 | 664,001,000 | 338,165,000 | 464,655,000 | 333,294,000 | 285,476,000 | 242,818,000 | 203,236,000 | 219,319,000 | 193,958,000 | 197,297,000 | 182,647,000 | 270,245,000 | 264,682,000 | 262,100,000 | 258,646,000 | 285,575,000 | 244,633,000 | 204,666,000 | 166,468,000 | 83,348,000 | 35,487,000 | 6,160,000 | 52,726,000 | 205,483,000 | 179,144,000 | 159,444,000 | 192,361,000 | 277,111,000 | 249,405,000 | 248,551,000 | 194,563,000 | 159,487,000 | 135,445,000 | 127,608,000 | 94,534,000 | 84,993,000 | 65,053,000 | 48,986,000 | 28,427,000 | |||
accumulated other comprehensive loss, net of tax | -276,678,000 | -271,509,000 | -272,950,000 | -268,903,000 | -306,766,000 | -326,742,000 | -271,844,000 | -306,293,000 | -303,995,000 | -289,950,000 | -293,059,000 | -281,886,000 | -282,957,000 | -295,854,000 | -334,382,000 | -290,029,000 | -237,626,000 | -223,847,000 | -246,534,000 | -226,648,000 | -255,711,000 | -238,368,000 | -279,785,000 | -308,921,000 | -333,412,000 | -293,648,000 | -288,621,000 | -271,984,000 | -268,858,000 | -273,818,000 | -260,365,000 | -253,499,000 | -219,124,000 | -232,518,000 | -261,673,000 | -277,785,000 | -296,699,000 | -314,222,000 | -236,088,000 | -237,030,000 | -221,572,000 | -234,356,000 | -252,525,000 | -235,349,000 | -233,494,000 | -200,766,000 | -152,184,000 | -127,480,000 | -126,383,000 | -133,004,000 | -127,852,000 | -141,489,000 | -124,758,000 | -110,541,000 | -81,408,000 | -94,171,000 | -71,903,000 | -88,364,000 | -57,712,000 | -17,827,000 | -26,567,000 | -46,158,000 | -57,048,000 | -26,501,000 | -47,759,000 | -97,535,000 | |||||||||||||||||||
common stock: - sum | 1,390,202,000 | 1,558,066,000 | 1,514,450,000 | 1,434,901,000 | 1,303,721,000 | 1,474,309,000 | 1,451,073,000 | 1,295,993,000 | 1,216,535,000 | 1,361,018,000 | 1,299,194,000 | 1,318,045,000 | 1,417,133,000 | 1,411,199,000 | 1,346,507,000 | 1,482,646,000 | 1,267,255,000 | 1,180,601,000 | 976,796,000 | 884,496,000 | 786,892,000 | 942,070,000 | 1,673,735,000 | 1,492,193,000 | 1,407,152,000 | 1,691,909,000 | 1,562,781,000 | 1,414,660,000 | 1,446,911,000 | 1,331,554,000 | 1,276,832,000 | 1,490,704,000 | 1,332,453,000 | 957,404,000 | 615,352,000 | 967,987,000 | 839,687,000 | 772,246,000 | 674,437,000 | 809,422,000 | 786,498,000 | 713,124,000 | 678,987,000 | 919,438,000 | 940,716,000 | 871,807,000 | 830,296,000 | 830,525,000 | 914,892,000 | 870,279,000 | 791,397,000 | 880,348,000 | 680,700,000 | 562,742,000 | 538,393,000 | 546,531,000 | 765,150,000 | 670,482,000 | 554,771,000 | ||||||||||||||||||||||||||
common stock held in treasury, at cost | -508,906,000 | -684,411,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total lazard stockholders’ equity | 881,296,000 | 841,522,000 | 741,603,000 | 603,028,000 | 624,273,000 | 458,655,000 | 392,714,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | -8,841,000 | 37,104,000 | 44,881,000 | 45,525,000 | 55,715,000 | 55,535,000 | 55,817,000 | 58,243,000 | 55,907,000 | 56,983,000 | 116,688,000 | 111,295,000 | 119,802,000 | 102,744,000 | 99,907,000 | 104,972,000 | 101,694,000 | 84,885,000 | 83,371,000 | 73,184,000 | 71,583,000 | 72,779,000 | 99,076,000 | 70,151,000 | 53,242,000 | 54,460,000 | 57,942,000 | 59,620,000 | 59,102,000 | 60,633,000 | 59,687,000 | 60,110,000 | 57,826,000 | 57,967,000 | 58,143,000 | 57,420,000 | 53,851,000 | 57,218,000 | 59,165,000 | 64,222,000 | 63,313,000 | 65,090,000 | 66,639,000 | 69,797,000 | 69,789,000 | 74,287,000 | 74,127,000 | 80,501,000 | 81,884,000 | 119,999,000 | 121,983,000 | 122,444,000 | 140,713,000 | 144,683,000 | 147,276,000 | 146,735,000 | 143,719,000 | 147,423,000 | 154,353,000 | 171,111,000 | 167,706,000 | 196,923,000 | 51,906,000 | 14,918,000 | |||||||||||||||||||||
total stockholders’ equity | 872,455,000 | 873,655,000 | 878,626,000 | 786,484,000 | 648,553,000 | 636,240,000 | 679,988,000 | 514,190,000 | 448,531,000 | 423,759,000 | 419,561,000 | 415,885,000 | 508,409,000 | 556,463,000 | 677,324,000 | 826,957,000 | 969,628,000 | 1,077,964,000 | 977,714,000 | 931,855,000 | 866,699,000 | 911,772,000 | 778,698,000 | 683,968,000 | 559,617,000 | 681,574,000 | 686,221,000 | 717,878,000 | 771,372,000 | 970,093,000 | 1,121,585,000 | 1,113,104,000 | 1,056,181,000 | 1,258,905,000 | 1,368,475,000 | 1,302,713,000 | 1,213,187,000 | 1,293,813,000 | 1,301,142,000 | 1,204,344,000 | 1,222,748,000 | 1,367,306,000 | 1,211,873,000 | 869,369,000 | 537,305,000 | 770,057,000 | 637,660,000 | 566,701,000 | 555,641,000 | 629,998,000 | 657,061,000 | 592,211,000 | 577,101,000 | 651,540,000 | 833,826,000 | 826,408,000 | 860,778,000 | 866,856,000 | 917,982,000 | 857,792,000 | 840,461,000 | 796,117,000 | 635,994,000 | 584,938,000 | 568,923,000 | 523,097,000 | 624,593,000 | 375,982,000 | 245,921,000 | 293,332,000 | 352,829,000 | 36,430,000 | 70,339,000 | ||||||||||||
total liabilities, redeemable noncontrolling interests and stockholders’ equity | 4,240,648,000 | 4,633,920,000 | 4,493,386,000 | 4,232,067,000 | 4,820,004,000 | 4,527,194,000 | 4,586,970,000 | 4,295,506,000 | 4,602,937,000 | 4,567,517,000 | 6,207,925,000 | 6,711,796,000 | 6,848,346,000 | 7,147,181,000 | 6,726,580,000 | 6,406,800,000 | 6,209,559,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments in subsidiaries, equity method | 919,800,000 | 634,732,000 | -1,402,500,000 | -1,293,966,000 | -931,614,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from subsidiaries | 1,023,000 | 225,000 | 1,824,782,000 | 1,861,792,000 | 1,850,887,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due to subsidiaries | 50,144,000 | 1,831,000 | 11,903,000 | 7,829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share; 15,000,000 shares authorized: no shares issued and outstanding at december 31, 2025 and 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
par value .01 per share | 1,117,000 | 1,128,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 924,039,000 | 638,250,000 | 424,183,000 | 568,552,000 | 919,755,000 | 5,466,997,000 | 5,312,118,000 | 5,095,123,000 | 5,639,581,000 | 5,551,879,000 | 5,507,473,000 | 5,499,477,000 | 4,997,241,000 | 4,944,778,000 | 4,627,992,000 | 4,485,095,000 | 4,928,677,000 | 4,836,388,000 | 4,769,762,000 | 4,385,258,000 | 4,556,508,000 | 4,302,303,000 | 4,215,621,000 | 4,011,591,000 | 4,486,766,000 | 4,148,037,000 | 4,151,941,000 | 2,827,731,000 | 3,332,236,000 | 3,042,890,000 | 3,079,476,000 | 2,898,203,000 | 3,011,137,000 | 2,956,456,000 | 2,921,229,000 | 2,728,167,000 | 2,986,893,000 | 2,994,946,000 | 2,977,854,000 | 2,907,998,000 | 3,081,936,000 | 3,136,469,000 | 3,081,014,000 | 3,159,360,000 | 3,422,532,000 | 3,123,698,000 | 2,808,884,000 | 2,885,530,000 | 3,147,762,000 | 2,899,588,000 | 2,653,330,000 | 2,396,215,000 | |||||||||||||||||||||||||||||||||
tax receivable agreement obligation | 55,680,000 | 75,826,000 | 75,826,000 | 84,137,000 | 84,137,000 | 115,001,000 | 118,546,000 | 118,546,000 | 118,563,000 | 192,399,000 | 192,473,000 | 192,489,000 | 213,434,000 | 211,236,000 | 211,236,000 | 211,236,000 | 221,890,000 | 221,890,000 | 221,787,000 | 247,344,000 | 246,953,000 | 246,953,000 | 246,966,000 | 270,640,000 | 277,163,000 | 277,163,000 | 277,215,000 | 310,275,000 | 512,821,000 | 512,834,000 | 512,874,000 | 513,610,000 | 513,623,000 | 513,623,000 | 513,648,000 | 523,962,000 | 523,907,000 | 988,085,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common stock held by subsidiaries, at cost | -672,928,000 | -693,298,000 | -700,693,000 | -838,069,000 | -826,800,000 | -837,338,000 | -823,821,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share; 15,000,000 shares authorized; no shares issued and outstanding at december 31, 2024 and 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share; 15,000,000 shares authorized; no shares issued and outstanding at june 30, 2024 and december 31, 2023 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, par value .01 per share; 15,000,000 shares authorized: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - no shares issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b - no shares issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a—no shares issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b—no shares issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a, par value .01 per share | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,128,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,298,000 | 1,291,000 | 1,291,000 | 1,290,000 | 1,290,000 | 1,282,000 | 1,282,000 | 1,232,000 | 1,232,000 | 1,231,000 | 1,230,000 | 1,229,000 | 1,204,000 | 1,197,000 | 1,197,000 | 1,166,000 | 1,128,000 | 1,014,000 | 922,000 | 922,000 | 870,000 | 765,000 | 760,000 | 687,000 | 517,000 | 517,000 | 517,000 | 516,000 | 516,000 | 516,000 | 375,000 | 375,000 | 375,000 | 375,000 | |||||||||||||||
class a common stock | -937,259,000 | -937,876,000 | -958,067,000 | -965,707,000 | -993,414,000 | -915,254,000 | -695,537,000 | -496,681,000 | -507,426,000 | -389,448,000 | -353,718,000 | -259,319,000 | -281,813,000 | -282,983,000 | -283,899,000 | -300,459,000 | -332,079,000 | -949,620,000 | -872,755,000 | -738,899,000 | -756,884,000 | -516,267,000 | -437,031,000 | -410,591,000 | -437,530,000 | -384,067,000 | -319,755,000 | -261,583,000 | -273,506,000 | -203,736,000 | -185,353,000 | -111,504,000 | -177,249,000 | -177,798,000 | -147,200,000 | -142,269,000 | -261,243,000 | -267,117,000 | -272,184,000 | -188,593,000 | -249,213,000 | -203,724,000 | -195,040,000 | -182,387,000 | -349,782,000 | -226,889,000 | -167,382,000 | -91,962,000 | -104,382,000 | -141,593,000 | -159,763,000 | -97,671,000 | -227,950,000 | -192,129,000 | -132,157,000 | -140,581,000 | -191,140,000 | ||||||||||||||||||||||||||||
class a, par value 0.01 per share... | 1,128,000 | 1,128,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total lazard ltd stockholders’ equity | 361,318,000 | 359,978,000 | 451,426,000 | 560,636,000 | 715,662,000 | 849,826,000 | 975,220,000 | 877,807,000 | 826,883,000 | 765,005,000 | 693,813,000 | 600,597,000 | 486,433,000 | 609,991,000 | 613,442,000 | 618,802,000 | 701,221,000 | 916,851,000 | 1,067,125,000 | 1,055,162,000 | 996,561,000 | 1,199,803,000 | 1,307,842,000 | 1,243,026,000 | 1,153,077,000 | 1,235,987,000 | 1,243,175,000 | 1,146,201,000 | 1,165,328,000 | 1,313,455,000 | 1,154,655,000 | 810,204,000 | 473,083,000 | 706,744,000 | 572,570,000 | 500,062,000 | 485,844,000 | 560,209,000 | 582,774,000 | 518,084,000 | 496,600,000 | 569,656,000 | 713,827,000 | 704,425,000 | 738,334,000 | 726,143,000 | 773,299,000 | 710,516,000 | 693,726,000 | 652,398,000 | 488,571,000 | 430,585,000 | 397,812,000 | 355,391,000 | 427,670,000 | 324,076,000 | 231,003,000 | ||||||||||||||||||||||||||||
cash deposited with clearing organizations and other segregated cash | 41,260,000 | 40,283,000 | 41,398,000 | 43,280,000 | 40,280,000 | 39,761,000 | 39,302,000 | 38,379,000 | 37,985,000 | 37,089,000 | 38,643,000 | 35,539,000 | 35,369,000 | 34,480,000 | 33,687,000 | 29,030,000 | 35,168,000 | 33,522,000 | 34,034,000 | 34,948,000 | 34,859,000 | 33,726,000 | 46,700,000 | 43,290,000 | 44,710,000 | 67,661,000 | 64,460,000 | 62,046,000 | 59,541,000 | 60,767,000 | 60,484,000 | 65,232,000 | 61,863,000 | 78,774,000 | 74,502,000 | 75,506,000 | 66,219,000 | 100,162,000 | 99,533,000 | 92,911,000 | 24,449,000 | 20,631,000 | 18,973,000 | 20,217,000 | 19,678,000 | ||||||||||||||||||||||||||||||||||||||||
capital lease obligations | 6,913,000 | 7,205,000 | 8,037,000 | 8,391,000 | 9,013,000 | 9,028,000 | 9,685,000 | 10,089,000 | 10,184,000 | 12,015,000 | 12,889,000 | 14,530,000 | 15,246,000 | 15,834,000 | 16,094,000 | 16,168,000 | 16,395,000 | 17,863,000 | 18,148,000 | 18,293,000 | 19,891,000 | 20,084,000 | 21,576,000 | 23,101,000 | 23,464,000 | 22,903,000 | 21,749,000 | 20,165,000 | 22,572,000 | 24,628,000 | 25,905,000 | 25,479,000 | 24,926,000 | 28,298,000 | 31,559,000 | 32,505,000 | 27,122,000 | 26,525,000 | 25,435,000 | 25,387,000 | 25,445,000 | 24,690,000 | 25,094,000 | 24,178,000 | 23,844,000 | 24,607,000 | 45,098,000 | ||||||||||||||||||||||||||||||||||||||
series a - 0 and 7,921 shares issued and outstanding at december 31, 2016 and 2015, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at september 30, 2016 and december 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at june 30, 2016 and december 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at march 31, 2016 and december 31, 2015 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at december 31, 2015 and 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at september 30, 2015 and december 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at june 30, 2015 and december 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
related parties | 1,181,000 | 1,267,000 | 530,000 | 24,243,000 | 4,185,000 | 7,920,000 | 14,276,000 | 15,242,000 | 18,458,000 | 23,801,000 | 10,902,000 | 14,102,000 | 15,232,000 | 18,501,000 | 14,248,000 | 13,502,000 | 12,200,000 | 24,874,000 | 6,829,000 | 6,297,000 | 11,690,000 | 14,415,000 | 8,256,000 | 10,235,000 | 7,593,000 | 10,377,000 | 9,361,000 | 9,961,000 | 21,799,000 | 30,287,000 | 24,774,000 | 29,801,000 | 17,159,000 | 18,543,000 | 16,993,000 | 19,545,000 | 51,808,000 | 53,932,000 | 55,042,000 | 43,078,000 | |||||||||||||||||||||||||||||||||||||||||||||
related party payables | 28,544,000 | 21,894,000 | 11,952,000 | 62,769,000 | 2,582,000 | 5,031,000 | 4,695,000 | 4,759,000 | 5,262,000 | 3,648,000 | 3,037,000 | 7,080,000 | 10,988,000 | 6,075,000 | 4,082,000 | 3,464,000 | 2,392,000 | 2,819,000 | 564,000 | 220,000 | 2,996,000 | 17,450,000 | 19,113,000 | 21,062,000 | 17,326,000 | 21,779,000 | 20,097,000 | 26,837,000 | 26,707,000 | 9,432,000 | 12,095,000 | 9,540,000 | 9,794,000 | 3,430,000 | 3,530,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at march 31, 2015 and december 31, 2014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at december 31, 2014 and 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b, par value .01 per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at september 30, 2014 and december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits with banks | 322,280,000 | 274,391,000 | 244,879,000 | 273,168,000 | 344,839,000 | 254,143,000 | 292,494,000 | 266,680,000 | 324,355,000 | 257,685,000 | 286,037,000 | 267,906,000 | 248,944,000 | 307,181,000 | 356,539,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at june 30, 2014 and december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at march 31, 2014 and december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at december 31, 2013 and 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at september 30, 2013 and december 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at june 30, 2013 and december 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at march 31, 2013 and december 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at december 31, 2012 and 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at september 30, 2012 and december 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at june 30, 2012 and december 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 shares issued and outstanding at march 31, 2012 and december 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated debt | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 and 22,021 shares issued and outstanding at december 31, 2011 and 2010, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables-net: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables-net: - sum | 595,351,000 | 532,141,000 | 530,877,000 | 568,704,000 | 787,477,000 | 623,427,000 | 727,350,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 7,921 and 22,021 shares issued and outstanding at september 30, 2011 and december 31, 2010, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 22,021 shares issued and outstanding at june 30, 2011 and december 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 22,021 shares issued and outstanding at march 31, 2011 and december 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 22,021 and 26,883 shares issued and outstanding at december 31, 2010 and 2009, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
banks | 179,112,000 | 163,413,000 | 168,910,000 | 143,778,000 | 7,104,000 | 87,982,000 | 15,922,000 | 229,092,000 | 655,737,000 | 824,157,000 | 585,297,000 | 495,821,000 | 465,386,000 | 430,143,000 | 424,860,000 | 721,002,000 | 331,205,000 | 476,731,000 | 204,201,000 | 347,912,000 | 270,945,000 | 629,617,000 | 323,752,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. government and agencies | 148,177,000 | 147,881,000 | 147,412,000 | 147,507,000 | 147,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 264,490,000 | 219,939,000 | 275,693,000 | 313,342,000 | 336,837,000 | 224,147,000 | 212,228,000 | 215,792,000 | 245,680,000 | 260,874,000 | 251,967,000 | 169,612,000 | 1,543,000 | 1,931,000 | 1,013,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equities | 85,215,000 | 73,978,000 | 80,146,000 | 82,442,000 | 80,269,000 | 73,115,000 | 50,662,000 | 71,105,000 | 112,016,000 | 204,688,000 | 232,672,000 | 333,796,000 | 236,168,000 | 148,061,000 | 106,989,000 | 3,222,000 | 3,004,000 | 2,938,000 | 4,336,000 | 2,964,000 | 3,191,000 | 4,587,000 | 24,718,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt: - sum | 712,283,000 | 677,203,000 | 722,879,000 | 807,693,000 | 837,246,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 22,021 and 26,883 shares issued and outstanding at september 30, 2010 and december 31, 2009, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax | -70,519,000 | -117,794,000 | -75,173,000 | -11,715,000 | 41,047,000 | 69,410,000 | 52,491,000 | 52,187,000 | 38,783,000 | 32,590,000 | 32,494,000 | -8,066,000 | -7,738,000 | -27,785,000 | -34,342,000 | -32,423,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 26,883 shares issued and outstanding at june 30, 2010 and december 31, 2009 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 26,883 shares issued and outstanding at march 31, 2010 and december 31, 2009 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables—net: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 26,883 and 31,745 shares issued and outstanding at december 31, 2009 and 2008, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 26,883 and 31,745 shares issued and outstanding at september 30, 2009 and december 31, 2008, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less - class a common stock held by a subsidiary, at cost | -337,480,000 | -346,406,000 | -323,768,000 | -254,786,000 | -217,764,000 | -184,138,000 | -69,296,000 | -72,204,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash segregated for regulatory purposes or deposited with clearing organizations | 7,904,000 | 12,396,000 | 14,583,000 | 10,649,000 | 16,993,000 | 14,914,000 | 24,585,000 | 29,946,000 | 32,051,000 | 32,387,000 | 16,023,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt | 320,743,000 | 296,041,000 | 333,070,000 | 378,229,000 | 432,973,000 | 455,063,000 | 585,433,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments: - sum | 618,005,000 | 558,931,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 31,745 shares issued and outstanding at june 30, 2009 and december 31, 2008 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 31,745 shares issued and outstanding at march 31, 2009 and december 31, 2008 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, minority interest and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 98,985,000 | 220,627,000 | 45,614,000 | 52,775,000 | 48,972,000 | 48,305,000 | 55,726,000 | 55,497,000 | 43,361,000 | 42,584,000 | 107,018,000 | 111,729,000 | 104,460,000 | 141,308,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 31,745 and 36,607 shares issued and outstanding at december 31, 2008 and 2007, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b - none and 277 shares issued and outstanding at december 31, 2008 and 2007, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, minority interest and stockholders’ equity | 3,324,739,000 | 3,632,311,000 | 3,356,976,000 | 3,840,413,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 31,975 and 36,607 shares issued and outstanding at september 30, 2008 and december 31, 2007, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b - none and 277 shares issued and outstanding at september 30, 2008 and december 31, 2007, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
customers | 97,482,000 | 60,181,000 | 50,187,000 | 102,579,000 | 58,186,000 | 83,101,000 | 77,832,000 | 66,844,000 | 58,096,000 | 101,996,000 | 65,253,000 | 112,332,000 | 83,639,000 | 204,053,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 36,607 shares issued and outstanding at june 30, 2008 and december 31, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b - 277 shares issued and outstanding at june 30, 2008 and december 31, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 36,607 shares issued and outstanding at march 31, 2008 and december 31, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b - 277 shares issued and outstanding at march 31, 2008 and december 31, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments—at fair value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 36,607 shares issued and outstanding at december 31, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b - 277 shares issued and outstanding at december 31, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities owned—at fair value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bonds—corporate | 493,932,000 | 469,324,000 | 472,739,000 | 521,483,000 | 368,448,000 | 383,424,000 | 327,100,000 | 228,927,000 | 259,775,000 | 292,794,000 | 406,966,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-u.s. government and agency securities | 35,068,000 | 30,785,000 | 29,035,000 | 25,438,000 | 18,900,000 | 18,688,000 | 17,793,000 | 40,285,000 | 29,616,000 | 29,865,000 | 38,077,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term investments—at fair value | 188,626,000 | 154,467,000 | 127,008,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, minority interest and stockholders’ deficiency | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior borrowings | 1,592,851,000 | 1,590,960,000 | 1,083,508,000 | 1,087,057,000 | 1,083,512,000 | 1,089,111,000 | 1,015,517,000 | 1,022,082,000 | 1,005,918,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated borrowings | 150,000,000 | 150,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ deficiency | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a - 36,607 shares issued and outstanding at september 30, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b - 277 shares issued and outstanding at september 30, 2007 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficiency | -74,539,000 | -143,918,000 | -206,866,000 | -240,353,000 | -713,302,000 | -745,085,000 | -822,234,000 | -870,671,000 | -917,481,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, minority interest and stockholders’ deficiency | 3,514,194,000 | 3,109,662,000 | 2,614,790,000 | 3,208,665,000 | 2,031,261,000 | 2,109,518,000 | 1,778,044,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 17,135,000 | 16,960,000 | 16,945,000 | 16,580,000 | 16,528,000 | 16,145,000 | 15,996,000 | 16,252,000 | 16,283,000 | 16,786,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less - class a common stock held in treasury, at cost | -4,177,000 | -4,179,000 | -4,179,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term investments | 122,311,000 | 84,776,000 | 81,372,000 | 83,944,000 | 80,843,000 | 89,386,000 | 87,602,000 | 196,892,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments | 5,938,000 | 4,758,000 | 4,743,000 | 4,352,000 | 4,473,000 | 8,312,000 | 8,313,000 | 13,069,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and securities segregated for regulatory purposes | 29,334,000 | 15,601,000 | 20,460,000 | 20,596,000 | 20,878,000 | 23,328,000 | 39,650,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities purchased under agreements to resell | 10,001,000 | 6,229,000 | 23,358,000 | 6,623,000 | 15,115,000 | 131,164,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
swaps and other contractual agreements | 111,000 | 1,301,000 | 166,000 | 186,000 | 229,000 | 268,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold under agreements to repurchase | 6,584,000 | 22,121,000 | 10,410,000 | 31,853,000 | 18,702,000 | 214,405,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: class a common stock held in treasury, at cost | -4,179,000 | -4,179,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketable investments | 11,146,000 | 95,281,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, minority interest and members’ equity and stockholders’ deficiency | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mandatorily redeemable preferred stock | 100,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
members’ equity and stockholders’ deficiency | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
members’ equity | 287,268,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total members’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, minority interest and members’ equity and stockholders’ deficiency | 1,910,897,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property—net of accumulated amortization and depreciation of 151,309 and 155,830 | 161,780,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and members’ equity and stockholders’ deficiency | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
brokers and dealers | 226,849,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a, par value .01 per share, | 375,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b, par value .01 per share, | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, minority interest, and members’ equity and stockholders’ deficiency | 1,809,259,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property—net of accumulated amortization and depreciation of 151,309 and 148,519 | 173,933,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and members’ and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
members’ and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, minority interest, and members’ and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. government and agency securities pledged as collateral | 165,931,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities borrowed | 1,194,668,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property—net of accumulated amortization and depreciation of 151,309 and 151,029 | 188,587,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and members’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 55,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities sold, not yet purchased—at fair value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
u.s. government and agency securities | 128,407,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities loaned | 1,123,507,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued employee compensation | 67,721,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subordinated loans | 200,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and members’ equity | 3,850,341,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 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 from: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 74,000,000 | 61,000,000 | 62,000,000 | 78,708,000 | 116,000,000 | 52,000,000 | 40,000,000 | 71,693,000 | 7,000,000 | -121,000,000 | -15,000,000 | 57,483,000 | 122,000,000 | 92,025,000 | 120,975,000 | 211,290,000 | 115,255,000 | 125,174,000 | 90,826,000 | 194,770,000 | 76,922,000 | 72,669,000 | 58,331,000 | 79,716,000 | 48,000,000 | 74,000,000 | 96,000,000 | 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 | 138,000,000 | 168,000,000 | 97,000,000 | 11,000,000 | 161,000,000 | 134,000,000 | 146,000,000 | 23,000,000 | 175,000,000 | 158,000,000 | 100,000,000 | 155,000,000 | 137,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating activities | 76,000,000 | -180,000,000 | -376,000,000 | 167,000,000 | -37,000,000 | -264,000,000 | -119,000,000 | 299,000,000 | -572,000,000 | 155,000,000 | 88,000,000 | 15,000,000 | -394,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 288,000,000 | 49,000,000 | -217,000,000 | 362,828,000 | 294,000,000 | 176,000,000 | -90,000,000 | 341,662,000 | 34,000,000 | 201,000,000 | -412,000,000 | 313,984,000 | 435,000,000 | 298,530,000 | -213,530,000 | 452,855,000 | 398,224,000 | 138,340,000 | -123,340,000 | 320,525,000 | -155,976,000 | 358,953,000 | 236,000,000 | 244,000,000 | -161,000,000 | 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 | ||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
free cash flows | 288,000,000 | 49,000,000 | -217,000,000 | 362,828,000 | 294,000,000 | 176,000,000 | -90,000,000 | 341,662,000 | 34,000,000 | 201,000,000 | -412,000,000 | 313,984,000 | 435,000,000 | 298,530,000 | -213,530,000 | 452,855,000 | 398,224,000 | 138,340,000 | -123,340,000 | 320,525,000 | -155,976,000 | 358,953,000 | 236,000,000 | 244,000,000 | -161,000,000 | 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 | ||
investing activities | -15,000,000 | -26,000,000 | -23,000,000 | 210,000,000 | -7,000,000 | -7,000,000 | -15,000,000 | -12,000,000 | -23,000,000 | -12,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities | -98,000,000 | -40,000,000 | -191,000,000 | -112,000,000 | -193,000,000 | 99,000,000 | -177,000,000 | -172,000,000 | -1,072,000,000 | -539,000,000 | -102,000,000 | -181,000,000 | 94,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes | 0 | 57,000,000 | 30,000,000 | 38,000,000 | -1,000,000 | -22,000,000 | 2,000,000 | 16,000,000 | -146,000,000 | -83,000,000 | 21,000,000 | -30,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents and restricted cash | 95,385,000 | -323,614,000 | -262,000,000 | 93,103,000 | -298,103,000 | 268,988,000 | 455,199,000 | 101,896,000 | 35,104,000 | 105,633,000 | 303,334,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
beginning of period | 0 | 0 | 1,609,000,000 | 0 | 0 | 1,225,000,000 | 0 | 0 | 2,639,000,000 | 0 | 0 | 0 | 2,292,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
end of period | 175,000,000 | 40,000,000 | 1,208,000,000 | 430,000,000 | -121,000,000 | 1,205,000,000 | -173,000,000 | 24,000,000 | 1,156,000,000 | -262,000,000 | 28,000,000 | 72,000,000 | 2,189,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents and restricted cash | 40,000,000 | -401,000,000 | -121,000,000 | -20,000,000 | -173,000,000 | 24,000,000 | -1,483,000,000 | 252,163,000 | 176,947,000 | -539,947,000 | 28,000,000 | 72,000,000 | -103,000,000 | -591,018,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred expenses and share-based incentive compensation | 90,633,000 | 68,469,000 | 100,271,000 | 63,971,000 | 101,097,000 | 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 | 17,089,000 | 21,515,000 | 17,210,000 | 17,749,000 | 15,489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of property | 10,258,000 | 10,000,000 | 9,361,000 | 9,379,000 | 8,986,000 | 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 | |||||||||||||||||||||||||||
currency translation adjustment reclassification | 15,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax provision | 26,261,000 | 36,877,000 | 29,673,000 | 16,468,000 | 11,522,000 | 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of owned office building | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of equity method investments and other receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets associated with cost-saving initiatives | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on lgac liquidation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other adjustments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in operating assets and increase in operating liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables-net | -15,160,000 | -108,062,000 | -7,486,000 | -158,192,000 | 59,961,000 | -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 | 44,236,000 | -97,634,000 | -202,534,000 | -197,521,000 | 23,325,000 | 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 | -26,435,000 | 536,000 | -16,134,000 | 161,419,000 | -172,121,000 | 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 | -481,402,000 | 307,635,000 | -144,542,000 | 212,485,000 | -263,012,000 | 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 | |||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to property | -13,510,000 | -14,408,000 | -7,498,000 | -30,076,000 | -12,011,000 | -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 | |||||||||||||||||||||||
proceeds from sale of property | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity method investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of debt securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales and maturities of debt securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other disposals of property | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of business, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -13,508,000 | -14,465,000 | -6,870,000 | -28,880,000 | -11,942,000 | -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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of senior debt, net of expenses | 0 | 0 | 0 | 0 | 396,272,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interests | 191,000 | -79,000 | 332,000 | 25,000 | 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | -4,474,000 | -3,667,000 | -1,020,000 | -940,000 | -1,411,000 | -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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution to redeemable noncontrolling interests in connection with lgac redemption | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock dividends | -3,375,000 | -3,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of share-based incentive compensation in satisfaction of tax withholding requirements | -58,005,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lfi consolidated funds redemptions | -10,976,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financing activities | -4,915,000 | 12,989,000 | -14,302,000 | -6,636,000 | -1,869,000 | -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 | -19,243,000 | -125,436,000 | 244,519,000 | -162,933,000 | -310,178,000 | -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 | -51,822,000 | -43,966,000 | -79,205,000 | 95,393,000 | -61,851,000 | -23,291,000 | -19,593,000 | -96,168,000 | 49,406,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash— january 1 | 3,430,014,000 | 0 | 2,568,827,000 | 0 | 2,455,559,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash— december 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization and other acquisition-related costs | 436,000 | 446,000 | 866,000 | 4,511,000 | 172,000 | 1,257,000 | 3,574,000 | 33,410,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
disposals of property | 2,000 | -57,000 | 628,000 | 1,196,000 | 69,000 | 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 | |||||||||||||||||||||||||||||||
customer deposits | 302,342,000 | 55,031,000 | -58,739,000 | -105,196,000 | -70,652,000 | 32,101,000 | 9,766,000 | 170,535,000 | -100,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lgac ipo | 0 | 575,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lgac ipo underwriting fees and other offering costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of class a common stock | -175,797,000 | -119,956,000 | -122,652,000 | 0 | -95,227,000 | -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 | -46,664,000 | -48,351,000 | -49,441,000 | -49,365,000 | -48,759,000 | -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 | ||||||||||||||||||||||||||||
interest income | 1,595,000,000 | -3,993,000,000 | 7,319,000,000 | 4,282,000,000 | 143,000,000 | 346,000,000 | 2,841,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 25,000,000 | 245,000,000 | -19,396,000,000 | 111,000,000 | 183,000,000 | -1,981,000,000 | -17,016,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest expense | 1,620,000,000 | -3,748,000,000 | -12,077,000,000 | 4,393,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other revenue | -30,929,000,000 | 25,254,000,000 | -7,105,000,000 | 24,523,000,000 | -742,000,000 | -16,349,000,000 | 17,646,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net revenue | -29,309,000,000 | 21,506,000,000 | -19,182,000,000 | 28,916,000,000 | -416,000,000 | -17,984,000,000 | 3,471,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses | -43,368,000,000 | 41,949,000,000 | 2,574,000,000 | 28,822,000,000 | -28,017,000,000 | -2,656,000,000 | 36,402,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating loss | 14,059,000,000 | -20,443,000,000 | -21,756,000,000 | 94,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets related to acquisitions | 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 | -20,945,000 | 0 | -10,215,000 | 0 | -25,557,000 | -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 | -9,308,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash— march 31 | 3,131,911,000 | 2,603,931,000 | 1,915,612,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of cash and cash equivalents and restricted cash within the condensed consolidated statements of financial condition: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 878,167,000 | 974,696,000 | 793,477,000 | 287,228,000 | -117,113,000 | 962,280,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits with banks and short-term investments | 1,638,519,000 | 1,014,145,000 | 1,080,737,000 | 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 | 615,225,000 | 615,090,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cash and cash equivalents and restricted cash | 3,131,911,000 | 2,603,931,000 | 1,915,612,000 | 303,334,000 | 19,130,000 | 1,863,788,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 0 | 0 | 60,219,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
senior debt | 0 | 0 | 0 | 0 | -509,098,000 | -41,437,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
settlement of share-based incentive compensation | -64,804,000 | -1,128,000 | -66,728,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash— september 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest | 326,000,000 | -1,635,000,000 | -14,175,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 27,601,000,000 | -15,328,000,000 | -32,931,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash deposited with clearing organizations and other segregated cash | 41,398,000 | 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 | -2,429,000 | -5,851,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash—january 1 | 0 | 0 | 2,454,806,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash—september 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash—june 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash—march 31 | 1,863,788,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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: |