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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues $ 242,520 $ 360,907 $ 544,608 $ 624,773
Expenses        
Compensation and benefits 140,092 214,017 316,729 370,516
Occupancy 6,267 6,689 12,077 14,384
Professional fees 5,570 5,802 9,885 11,801
Communication, technology and information services 10,108 8,216 18,887 16,875
Travel and related expenses 9,366 2,870 17,009 4,480
Depreciation and amortization 1,841 1,637 3,880 3,086
Other expenses 7,077 3,458 14,515 12,970
Total expenses 180,321 242,689 392,982 434,112
Operating income (loss) 62,199 118,218 151,626 190,661
Other income and (expenses) (3,046) 2,762 (5,281) 5,941
Income (loss) before income taxes 59,153 120,980 146,345 196,602
Provision (benefit) for income taxes 15,296 27,778 28,894 27,602
Net income (loss) 43,857 93,202 117,451 169,000
Net income (loss) attributable to noncontrolling interests 4,894 13,861 12,773 23,130
Net income (loss) attributable to Moelis & Company 38,963 79,341 104,678 145,870
Class A Common Stock        
Expenses        
Net income (loss) attributable to Moelis & Company $ 38,963 $ 79,341 $ 104,678 $ 145,870
Weighted-average shares of Class A common stock outstanding        
Basic (in shares) 66,290,442 63,150,538 65,572,013 62,102,403
Diluted (in shares) 69,811,979 67,554,777 70,171,256 67,147,825
Net income (loss) per share attributable to holders of shares of Class A common stock        
Basic (in dollars per share) $ 0.59 $ 1.26 $ 1.60 $ 2.35
Diluted (in dollars per share) $ 0.56 $ 1.17 $ 1.49 $ 2.17