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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues $ 179,871 $ 242,520 $ 367,691 $ 544,608
Expenses        
Compensation and benefits 145,794 140,092 294,033 316,729
Occupancy 6,872 6,267 12,706 12,077
Professional fees 6,907 5,570 11,853 9,885
Communication, technology and information services 11,215 10,108 22,049 18,887
Travel and related expenses 9,213 9,366 20,181 17,009
Depreciation and amortization 1,936 1,841 4,009 3,880
Other expenses 7,520 7,077 13,837 14,515
Total expenses 189,457 180,321 378,668 392,982
Operating income (loss) (9,586) 62,199 (10,977) 151,626
Other income and (expenses) (5,629) (3,046) (3,883) (5,281)
Income (loss) before income taxes (15,215) 59,153 (14,860) 146,345
Provision (benefit) for income taxes (1,969) 15,296 (5,177) 28,894
Net income (loss) (13,246) 43,857 (9,683) 117,451
Net income (loss) attributable to noncontrolling interests (1,272) 4,894 (1,375) 12,773
Net income (loss) attributable to Moelis & Company (11,974) 38,963 (8,308) 104,678
Class A Common Stock        
Expenses        
Net income (loss) attributable to Moelis & Company $ (11,974) $ 38,963 $ (8,308) $ 104,678
Weighted-average shares of Class A common stock outstanding        
Basic (in shares) 68,504,772 66,290,442 67,852,077 65,572,013
Diluted (in shares) 68,504,772 69,811,979 67,852,077 70,171,256
Net income (loss) per share attributable to holders of shares of Class A common stock        
Basic (in dollars per share) $ (0.17) $ 0.59 $ (0.12) $ 1.6
Diluted (in dollars per share) $ (0.17) $ 0.56 $ (0.12) $ 1.49