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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]    
Revenues $ 418,644 $ 372,722
Operating expenses:    
Employee compensation and benefits 265,735 232,304
Travel, meals, and entertainment 11,050 1,687
Rent 11,790 10,225
Depreciation and amortization 19,143 4,171
Information technology and communications 10,990 6,961
Professional fees 6,469 6,701
Other operating expenses 15,897 2,997
Total operating expenses 341,074 265,046
Operating income 77,570 107,676
Other (income)/expense, net 1,749 (101)
Income before provision for income taxes 75,821 107,777
Provision for income taxes 5,039 21,817
Net income 70,782 85,960
Other comprehensive income, net of tax:    
Foreign currency translation adjustments (22,309) 1,625
Comprehensive income attributable to Houlihan Lokey, Inc. $ 48,473 $ 87,585
Weighted average shares of common stock outstanding:    
Basic (in shares) 63,277,596 65,713,370
Fully Diluted (in shares) 68,828,246 68,718,629
Net income per share of common stock    
Basic (in dollars per share) $ 1.12 $ 1.31
Fully Diluted (in dollars per share) $ 1.03 $ 1.25