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EARNINGS PER SHARE | 3 Months Ended
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Jun. 30, 2023
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 June 30, |  |
| 2023 |  | 2022 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable Houlihan Lokey, Inc. | $ | 61,390 |  |  | $ | 70,782 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Weighted average shares of common stock outstanding — basic | 63,806,156 |  |  | 63,277,596 |  |  |  |  |
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 | 4,194,236 |  |  | 5,550,650 |  |  |  |  |
Weighted average shares of common stock outstanding — diluted | 68,000,392 |  |  | 68,828,246 |  |  |  |  |
Basic earnings per share | $ | 0.96 |  |  | $ | 1.12 |  |  |  |  |
Diluted earnings per share | $ | 0.90 |  |  | $ | 1.03 |  |  |  |  |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
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