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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 412,467 $ 186,417
Restricted cash 712 798
Receivables:    
Accounts receivable, net of allowance for credit losses of $1,666 and $1,263 as of December 31, 2024 and December 31, 2023, respectively 51,404 51,219
Accrued and other receivables 22,305 12,416
Total receivables 73,709 63,635
Deferred compensation 18,382 17,133
Investments 184,601 210,357
Right-of-use assets 180,370 171,998
Equipment and leasehold improvements, net 65,451 63,803
Deferred tax assets 410,512 437,238
Prepaid expenses and other assets 32,732 28,380
Total assets 1,378,936 1,179,759
Liabilities and Equity    
Compensation payable 346,323 259,771
Accounts payable, accrued expenses and other liabilities 33,597 32,626
Amount due pursuant to tax receivable agreement 290,813 304,567
Deferred revenue 5,585 4,649
Lease liabilities 223,235 215,684
Total liabilities 899,553 817,297
Commitments and Contingencies (See Note 12)
Treasury stock, at cost; 10,380,876 and 10,184,460 shares at December 31, 2024 and December 31, 2023, respectively (461,701) (450,859)
Additional paid-in-capital 1,730,838 1,573,702
Retained earnings (accumulated deficit) (821,650) (767,587)
Accumulated other comprehensive income (loss) (6,734) (3,928)
Total Moelis & Company equity 441,606 352,141
Noncontrolling interests 37,777 10,321
Total equity 479,383 362,462
Total liabilities and equity 1,378,936 1,179,759
Class A Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share 810 768
Class B Common Stock    
Liabilities and Equity    
Common stock, par value $0.01 per share $ 43 $ 45