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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 220,405 $ 172,149 $ 439,823 $ 345,407
Expenses        
Compensation and benefits 128,109 100,808 255,286 202,534
Occupancy 4,550 4,097 9,133 8,277
Professional fees 6,574 3,939 12,258 9,180
Communication, technology and information services 7,317 6,738 14,450 12,209
Travel and related expenses 10,851 8,105 22,411 14,696
Depreciation and amortization 1,100 822 2,155 1,679
Other expenses 6,259 4,932 13,416 11,090
Total expenses 164,760 129,441 329,109 259,665
Operating income (loss) 55,645 42,708 110,714 85,742
Other income and (expenses) 1,286 17,695 1,873 17,933
Income (loss) from equity method investments 2,226 (1,330) 3,114 1,774
Income (loss) before income taxes 59,157 59,073 115,701 105,449
Provision for income taxes 6,027 9,549 8,590 16,546
Net income (loss) 53,130 49,524 107,111 88,903
Net income (loss) attributable to noncontrolling interests 17,440 29,794 38,096 53,895
Net income (loss) attributable to Moelis & Company 35,690 19,730 69,015 35,008
Class A Common Stock        
Expenses        
Net income (loss) attributable to Moelis & Company $ 35,690 $ 19,730 $ 69,015 $ 35,008
Weighted-average shares of Class A common stock outstanding        
Basic (in shares) 41,750,396 28,165,552 38,938,952 27,325,145
Diluted (in shares) 49,280,107 34,374,882 46,991,421 33,752,139
Net income (loss) per share attributable to holders of shares of Class A common stock        
Basic (in dollars per share) $ 0.85 $ 0.70 $ 1.77 $ 1.28
Diluted (in dollars per share) 0.72 0.57 1.47 1.04
Dividends declared per share of Class A common stock $ 0.47 $ 1.37 $ 2.44 $ 1.74