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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues $ 233,506 $ 490,821 $ 778,114 $ 1,115,594
Expenses        
Compensation and benefits 160,437 307,590 477,166 678,106
Occupancy 6,022 5,842 18,099 20,226
Professional fees 6,048 4,771 15,933 16,572
Communication, technology and information services 9,971 9,139 28,858 26,014
Travel and related expenses 7,389 4,469 24,398 8,949
Depreciation and amortization 1,918 1,947 5,798 5,033
Other expenses 6,672 4,915 21,187 17,885
Total expenses 198,457 338,673 591,439 772,785
Operating income (loss) 35,049 152,148 186,675 342,809
Other income and (expenses) 2,625 30,435 (2,656) 36,376
Income (loss) before income taxes 37,674 182,583 184,019 379,185
Provision (benefit) for income taxes 9,115 42,119 38,009 69,721
Net income (loss) 28,559 140,464 146,010 309,464
Net income (loss) attributable to noncontrolling interests 2,947 20,169 15,720 43,299
Net income (loss) attributable to Moelis & Company 25,612 120,295 130,290 266,165
Class A Common Stock        
Expenses        
Net income (loss) attributable to Moelis & Company $ 25,612 $ 120,295 $ 130,290 $ 266,165
Weighted-average shares of Class A common stock outstanding        
Basic (in shares) 65,873,976 63,024,943 65,684,485 62,493,293
Diluted (in shares) 69,829,338 68,274,912 70,183,414 67,631,068
Net income (loss) per share attributable to holders of shares of Class A common stock        
Basic (in dollars per share) $ 0.39 $ 1.91 $ 1.98 $ 4.26
Diluted (in dollars per share) $ 0.37 $ 1.76 $ 1.86 $ 3.94