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EARNINGS PER SHARE (Tables)
 9 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income 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 December 31,Nine Months Ended December 31,
2022202120222021
Numerator:
Net income attributable Houlihan Lokey, Inc.$63,051 $173,735 $194,563 $372,578 
Denominator:
Weighted average shares of common stock outstanding — basic63,381,024 64,914,373 63,360,741 65,259,927 
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
6,344,668 3,365,566 6,092,847 3,260,922 
Weighted average shares of common stock outstanding — diluted69,725,692 68,279,939 69,453,588 68,520,849 
Basic earnings per share$0.99 $2.68 $3.07 $5.71 
Diluted earnings per share$0.90 $2.54 $2.80 $5.44