XML 41 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 746,534 $ 885,840 $ 684,615
Expenses      
Compensation and benefits 488,439 513,863 401,384
Occupancy 20,209 18,952 17,101
Professional fees 19,229 25,311 19,954
Communication, technology and information services 31,590 29,747 25,173
Travel and related expenses 41,496 42,264 30,634
Depreciation and amortization 4,965 4,625 3,544
Other expenses 26,063 24,297 22,543
Total expenses 631,991 659,059 520,333
Operating income (loss) 114,543 226,781 164,282
Other income and (expenses) 32,962 11,671 186,069
Income (loss) before income taxes 147,505 238,452 350,351
Provision for income taxes 11,813 30,448 223,827
Net income (loss) 135,692 208,004 126,524
Net income (loss) attributable to noncontrolling interests 30,597 67,324 97,124
Net income (loss) attributable to Moelis & Company 105,095 140,680 29,400
Class A Common Stock      
Expenses      
Net income (loss) attributable to Moelis & Company $ 105,095 $ 140,680 $ 29,400
Weighted-average shares of Class A common stock outstanding      
Basic (in shares) 50,373,874 43,216,358 30,597,058
Diluted (in shares) 55,513,149 50,690,528 37,675,511
Net income (loss) per share attributable to holders of shares of Class A common stock      
Basic (in dollars per share) $ 2.09 $ 3.26 $ 0.96
Diluted (in dollars per share) $ 1.89 $ 2.78 $ 0.78