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NET INCOME PER SHARE ATTRIBUTABLE TO COMMON SHAREHOLDERS (Tables)
12 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The calculations of basic and diluted earnings per share attributable to holders of shares of common stock are presented below.
Year Ended March 31,
202220212020
Numerator:
Net income attributable to Houlihan Lokey, Inc.$414,580 $335,703 $170,979 
Denominator:
Weighted average shares of common stock outstanding — basic64,970,287 65,785,042 62,152,870 
Weighted average number of incremental shares pertaining to unvested restricted-stock and issuable in respect of unvested restricted stock units, as-calculated using the treasury stock method3,289,421 2,886,206 3,572,646 
Weighted average shares of common stock outstanding — diluted68,259,708 68,671,248 65,725,516 
Basic earnings per share$6.74 $4.75 $2.96 
Diluted earnings per share$6.41 $4.55 $2.80