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EARNINGS PER SHARE
6 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE Earnings Per Share
The calculations of basic and diluted earnings per share attributable to holders of shares of common stock are presented below.
Three Months Ended September 30,Six Months Ended September 30,
2022202120222021
Numerator:
Net income attributable Houlihan Lokey, Inc.$60,730 $112,883 $131,512 $198,843 
Denominator:
Weighted average shares of common stock outstanding — basic63,422,701 65,156,968 63,350,545 65,433,649 
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 method
6,377,327 3,409,159 5,966,247 3,208,313 
Weighted average shares of common stock outstanding — diluted69,800,028 68,566,127 69,316,792 68,641,962 
Basic earnings per share$0.96 $1.73 $2.08 $3.04 
Diluted earnings per share$0.87 $1.65 $1.90 $2.90