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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues $ 172,149 $ 131,725 $ 345,407 $ 258,089
Expenses        
Compensation and benefits 100,808 78,198 202,534 152,866
Occupancy 4,097 6,287 8,277 10,845
Professional fees 3,939 2,511 9,180 4,747
Communication, technology and information services 6,738 5,309 12,209 10,605
Travel and related expenses 8,105 5,831 14,696 11,962
Depreciation and amortization 822 806 1,679 1,542
Other expenses 4,932 2,224 11,090 6,072
Total expenses 129,441 101,166 259,665 198,639
Operating income (loss) 42,708 30,559 85,742 59,450
Other income and (expenses) 17,695 101 17,933 204
Income (loss) from equity method investments (1,330) 266 1,774 2,335
Income (loss) before income taxes 59,073 30,926 105,449 61,989
Provision for income taxes 9,549 4,721 16,546 10,165
Net income (loss) 49,524 26,205 88,903 51,824
Net income (loss) attributable to noncontrolling interests 29,794 19,312 53,895 37,961
Net income (loss) attributable to Moelis & Company 19,730 6,893 35,008 13,863
Class A common stock        
Expenses        
Net income (loss) attributable to Moelis & Company $ 19,730 $ 6,893 $ 35,008 $ 13,863
Weighted-average shares of Class A common stock outstanding        
Basic (in shares) 28,165,552 20,745,043 27,325,145 20,654,657
Diluted (in shares) 34,374,882 23,618,093 33,752,139 23,052,255
Net income (loss) per share attributable to holders of shares of Class A common stock        
Basic (in dollars per share) $ 0.70 $ 0.33 $ 1.28 $ 0.67
Diluted (in dollars per share) 0.57 0.29 1.04 0.60
Dividends declared per share of Class A common stock $ 1.37 $ 0.30 $ 1.74 $ 1.4