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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues $ 159,938 $ 153,523 $ 313,644 $ 291,306
Expenses        
Compensation and benefits 149,616 84,485 244,736 174,646
Occupancy 7,673 4,765 14,904 9,584
Professional fees 5,195 5,342 9,431 10,521
Communication, technology and information services 7,563 7,877 15,955 15,839
Travel and related expenses 1,548 9,293 9,492 20,790
Depreciation and amortization 1,076 1,290 2,275 2,445
Other expenses 4,419 6,592 9,561 13,973
Total expenses 177,090 119,644 306,354 247,798
Operating income (loss) (17,152) 33,879 7,290 43,508
Other income and (expenses) (3,277) 5,022 (4,937) 7,112
Income (loss) before income taxes (20,429) 38,901 2,353 50,620
Provision (benefit) for income taxes (11,385) 1,234 (18,729) (3,224)
Net income (loss) (9,044) 37,667 21,082 53,844
Net income (loss) attributable to noncontrolling interests (3,312) 8,208 1,684 10,815
Net income (loss) attributable to Moelis & Company (5,732) 29,459 19,398 43,029
Class A Common Stock        
Expenses        
Net income (loss) attributable to Moelis & Company $ (5,732) $ 29,459 $ 19,398 $ 43,029
Weighted-average shares of Class A common stock outstanding        
Basic (in shares) 56,130,614 50,107,269 54,449,690 48,919,127
Diluted (in shares) 56,130,614 54,668,087 58,362,500 54,770,852
Net income (loss) per share attributable to holders of shares of Class A common stock        
Basic (in dollars per share) $ (0.10) $ 0.59 $ 0.36 $ 0.88
Diluted (in dollars per share) $ (0.10) $ 0.54 $ 0.33 $ 0.79