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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues $ 854,748 $ 985,297 $ 1,540,611
Expenses      
Compensation and benefits 714,749 618,195 913,909
Occupancy 28,608 24,243 26,533
Professional fees 32,796 20,971 21,826
Communication, technology and information services 45,978 39,310 35,373
Travel and related expenses 37,005 32,416 15,399
Depreciation and amortization 8,317 7,975 7,242
Other expenses 27,647 26,087 24,412
Total expenses 895,100 769,197 1,044,694
Operating income (loss) (40,352) 216,100 495,917
Other income and (expenses) 11,205 220 40,396
Income (loss) before income taxes (29,147) 216,320 536,313
Provision (benefit) for income taxes (1,631) 47,638 113,335
Net income (loss) (27,516) 168,682 422,978
Net income (loss) attributable to noncontrolling interests (2,816) 18,337 57,765
Net income (loss) attributable to Moelis & Company (24,700) 150,345 365,213
Class A Common Stock      
Expenses      
Net income (loss) attributable to Moelis & Company $ (24,700) $ 150,345 $ 365,213
Weighted-average shares of Class A common stock outstanding      
Basic (in shares) 68,501,018 65,766,439 63,125,497
Diluted (in shares) 68,501,018 70,320,182 68,435,579
Net income (loss) per share attributable to holders of shares of Class A common stock      
Basic (in dollars per share) $ (0.36) $ 2.29 $ 5.79
Diluted (in dollars per share) $ (0.36) $ 2.14 $ 5.34