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Net Income (Loss) Per Share Attributable to Class A Common Shareholders (Tables) | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Schedule of Calculations of Basic and Diluted Net Income (Loss) Per Share | The calculations of basic and diluted net income (loss) per share attributable to holders of shares of Class A common stock for the three months ended March 31, 2025 and 2024 are presented below.
|  | Three Months Ended March 31,
(dollars in thousands, except per share amounts) |  | 2025 |  |  | 2024
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to holders of shares of Class A common stock—basic |  | $ | 50,268 |  |  | $ | 16,566
Add (deduct) dilutive effect of: |  |  |  |  |  |  |
Noncontrolling interests related to Class A partnership units | (a) |  |  |  | (a) |  |
Net income (loss) attributable to holders of shares of Class A common stock—diluted |  | $ | 50,268 |  |  | $ | 16,566
Denominator: |  |  |  |  |  |  |
Weighted average shares of Class A common stock outstanding—basic |  |  | 73,870,456 |  |  |  | 70,228,589
Add (deduct) dilutive effect of: |  |  |  |  |  |  |
Noncontrolling interests related to Class A partnership units | (a) |  |  |  | (a) |  |
Weighted average number of incremental shares issuable from unvested RSUs and stock options, as calculated using the treasury stock method | (b) |  | 4,685,635 |  | (b) |  | 4,873,510
Weighted average shares of Class A common stock outstanding—diluted |  |  | 78,556,091 |  |  |  | 75,102,099
Net income (loss) per share attributable to holders of shares of Class A common stock |  |  |  |  |  |  |
Basic |  | $ | 0.68 |  |  | $ | 0.24
Diluted |  | $ | 0.64 |  |  | $ | 0.22
We have not included the impact of Class B common stock because these shares are entitled to an insignificant amount of economic participation. (a) Class A partnership units may be exchanged for Moelis & Company Class A common stock on a one-for-one basis, subject to applicable exchange restrictions. If all Class A partnership units were to be exchanged for Class A common stock, fully diluted Class A common stock outstanding would be 84,911,382 shares and 81,429,194 shares for the three months ended March 31, 2025 and 2024, respectively. In computing the dilutive effect, if any, that the aforementioned exchange would have on net income (loss) per share, net income (loss) available to holders of Class A common stock would be adjusted due to the elimination of the noncontrolling interests in consolidated entities associated with the Group LP Class A partnership units (including any tax impact). For the three months ended March 31, 2025 and 2024, such exchange is not reflected in diluted net income (loss) per share as the assumed exchange is not dilutive. (b) Certain RSUs assumed to be issued as Class A common stock pursuant to the treasury stock method were antidilutive and therefore excluded from the calculation of diluted net income (loss) per share attributable to Moelis & Company for certain periods. During the three months ended March 31, 2025 and 2024, there were 1,259,072 RSUs and 163,642 RSUs that would have been included in the treasury stock method calculation if the effect were dilutive, respectively.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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