|
Consolidated and Combined Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Mar. 31, 2015
|
Mar. 31, 2014
|
|
| Revenues | $ 99,412us-gaap_InvestmentBankingRevenue | $ 114,517us-gaap_InvestmentBankingRevenue |
| Expenses | ||
| Compensation and benefits | 55,393us-gaap_EmployeeBenefitsAndShareBasedCompensation | 70,441us-gaap_EmployeeBenefitsAndShareBasedCompensation |
| Occupancy | 3,677us-gaap_OccupancyNet | 3,304us-gaap_OccupancyNet |
| Professional fees | 3,554us-gaap_ProfessionalFees | 3,335us-gaap_ProfessionalFees |
| Communication, technology and information services | 4,101us-gaap_CommunicationsAndInformationTechnology | 3,774us-gaap_CommunicationsAndInformationTechnology |
| Travel and related expenses | 5,613us-gaap_TravelAndEntertainmentExpense | 5,085us-gaap_TravelAndEntertainmentExpense |
| Depreciation and amortization | 620us-gaap_DepreciationAndAmortization | 575us-gaap_DepreciationAndAmortization |
| Other expenses | 5,073us-gaap_OtherExpenses | 4,068us-gaap_OtherExpenses |
| Total expenses | 78,031us-gaap_OperatingExpenses | 90,582us-gaap_OperatingExpenses |
| Operating income (loss) | 21,381us-gaap_OperatingIncomeLoss | 23,935us-gaap_OperatingIncomeLoss |
| Other income and expenses | 15us-gaap_NonoperatingIncomeExpense | 19us-gaap_NonoperatingIncomeExpense |
| Income (loss) from equity method investment | 2,865us-gaap_IncomeLossFromEquityMethodInvestments | (1,220)us-gaap_IncomeLossFromEquityMethodInvestments |
| Income (loss) before income taxes | 24,261us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 22,734us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest |
| Provision for income taxes | 4,300us-gaap_IncomeTaxExpenseBenefit | 642us-gaap_IncomeTaxExpenseBenefit |
| Net income (loss) | 19,961us-gaap_ProfitLoss | 22,092us-gaap_ProfitLoss |
| Net income (loss) attributable to noncontrolling interests | 14,625us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | |
| Net income (loss) attributable to Moelis & Company | 5,336us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | |
| Class A common stock | ||
| Expenses | ||
| Net income (loss) attributable to Moelis & Company | $ 5,336us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic / us-gaap_StatementClassOfStockAxis = us-gaap_CommonClassAMember |
|
| Weighted Average Number of Shares Outstanding Reconciliation [Abstract] | ||
| Basic (in shares) | 19,730,182us-gaap_WeightedAverageNumberOfSharesOutstandingBasic / us-gaap_StatementClassOfStockAxis = us-gaap_CommonClassAMember |
|
| Diluted (in shares) | 20,948,966us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding / us-gaap_StatementClassOfStockAxis = us-gaap_CommonClassAMember |
|
| Earnings Per Share, Basic and Diluted [Abstract] | ||
| Basic (in dollars per share) | $ 0.27us-gaap_EarningsPerShareBasic / us-gaap_StatementClassOfStockAxis = us-gaap_CommonClassAMember |
|
| Diluted (in dollars per share) | $ 0.25us-gaap_EarningsPerShareDiluted / us-gaap_StatementClassOfStockAxis = us-gaap_CommonClassAMember |
|
| X | ||||||||||
|
- Definition
The amount of expense in the period for communications and data processing expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Costs and payments related to employee benefits and equity-based compensation, such as pension expense and contributions, other postretirement benefits expense and payments, stock or unit options expense, and amortization of restricted stock or unit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Includes (1) underwriting revenue (the spread between the resale price received and the cost of the securities and related expenses) generated through the purchasing, distributing and reselling of new issues of securities (alternatively, could be a secondary offering of a large block of previously issued securities); and (2) fees earned for mergers, acquisitions, divestitures, restructurings, and other types of financial advisory services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents a sum total of expenses not separately reflected on the income statement for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Expenses incurred for travel and entertainment during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Details
|