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EARNINGS PER SHARE
6 Months Ended
Sep. 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 September 30,Six Months Ended September 30,
2023202220232022
Numerator:
Net income attributable Houlihan Lokey, Inc.$67,031 $60,730 $128,421 $131,512 
Denominator:
Weighted average shares of common stock outstanding — basic64,551,353 63,422,701 64,180,642 63,350,545 
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
3,316,028 6,377,327 3,700,981 5,966,247 
Weighted average shares of common stock outstanding — diluted67,867,381 69,800,028 67,881,623 69,316,792 
Basic earnings per share$1.04 $0.96 $2.00 $2.08 
Diluted earnings per share$0.99 $0.87 $1.89 $1.90