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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues $ 150,676 $ 151,789 $ 408,765 $ 377,074
Expenses        
Compensation and benefits 88,046 86,277 240,912 211,333
Occupancy 4,096 3,836 14,941 11,228
Professional fees 2,804 5,116 7,551 12,813
Communication, technology and information services 5,496 4,862 16,101 13,403
Travel and related expenses 4,490 5,951 16,452 16,695
Depreciation and amortization 817 646 2,359 1,954
Other expenses 4,813 5,192 10,885 15,586
Total expenses 110,562 111,880 309,201 283,012
Operating income (loss) 40,114 39,909 99,564 94,062
Other income and (expenses) 187 (456) 391 (474)
Income (loss) from equity method investments 1,562 450 3,897 3,510
Income (loss) before income taxes 41,863 39,903 103,852 97,098
Provision for income taxes 6,550 5,273 16,715 15,652
Net income (loss) 35,313 34,630 87,137 81,446
Net income (loss) attributable to noncontrolling interests 25,824 24,540 63,785 58,889
Net income (loss) attributable to Moelis & Company 9,489 10,090 23,352 22,557
Class A common stock        
Expenses        
Net income (loss) attributable to Moelis & Company $ 9,489 $ 10,090 $ 23,352 $ 22,557
Weighted-average shares of Class A common stock outstanding        
Basic (in shares) 20,926,745 20,184,835 20,807,189 19,919,675
Diluted (in shares) 24,301,063 21,466,021 23,516,239 21,105,523
Net income (loss) per share attributable to holders of shares of Class A common stock        
Basic (in dollars per share) $ 0.45 $ 0.50 $ 1.12 $ 1.13
Diluted (in dollars per share) 0.39 0.47 0.99 1.07
Dividends declared per share of Class A common stock $ 0.32 $ 0.30 $ 1.72 $ 0.70