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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenues $ 415,829 $ 418,644
Operating expenses:    
Employee compensation and benefits 263,483 265,735
Travel, meals, and entertainment 16,018 11,050
Rent 17,403 11,790
Depreciation and amortization 6,532 19,143
Information technology and communications 13,548 10,990
Professional fees 9,557 6,469
Other operating expenses 15,941 15,897
Total operating expenses 342,482 341,074
Operating income 73,347 77,570
Other (income)/expense, net (3,005) 1,749
Income before provision for income taxes 76,352 75,821
Provision for income taxes 14,962 5,039
Net income 61,390 70,782
Other comprehensive income, net of tax:    
Foreign currency translation adjustments 2,974 (22,309)
Comprehensive income attributable to Houlihan Lokey, Inc. $ 64,364 $ 48,473
Weighted average shares of common stock outstanding:    
Basic (in shares) 63,806,156 63,277,596
Fully Diluted (in shares) 68,000,392 68,828,246
Earnings per share (Note 13)    
Basic (in dollars per share) $ 0.96 $ 1.12
Fully Diluted (in dollars per share) $ 0.90 $ 1.03