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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues $ 217,485 $ 187,820
Expenses    
Compensation and benefits 164,475 148,239
Occupancy 7,089 5,834
Professional fees 6,165 4,946
Communication, technology and information services 12,244 10,834
Travel and related expenses 11,963 10,968
Depreciation and amortization 2,375 2,073
Other expenses 7,372 6,317
Total expenses 211,683 189,211
Operating income (loss) 5,802 (1,391)
Other income and (expenses) 4,229 1,746
Income (loss) before income taxes 10,031 355
Provision (benefit) for income taxes (7,454) (3,208)
Net income (loss) 17,485 3,563
Net income (loss) attributable to noncontrolling interests 919 (103)
Net income (loss) attributable to Moelis & Company 16,566 3,666
Class A Common Stock    
Expenses    
Net income (loss) attributable to Moelis & Company $ 16,566 $ 3,666
Weighted-average shares of Class A common stock outstanding    
Basic (in shares) 70,228,589 67,008,526
Diluted (in shares) 75,102,099 71,462,547
Net income (loss) per share attributable to holders of shares of Class A common stock    
Basic (in dollars per share) $ 0.24 $ 0.05
Diluted (in dollars per share) $ 0.22 $ 0.05