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EARNINGS PER SHARE | 3 Months Ended
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Jun. 30, 2024
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. The determination of weighted average shares of common stock outstanding includes both the Company's Class A common stock and Class B common stock. Please refer to Note 15 for further detail on our two classes of authorized Company common stock.
| Three Months Ended June 30, |  |
| 2024 |  | 2023 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable Houlihan Lokey, Inc. | $ | 88,940 |  |  | $ | 61,390 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Weighted average shares of common stock outstanding — basic | 65,031,216 |  |  | 63,806,156 |  |  |  |  |
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 | 3,469,843 |  |  | 4,194,236 |  |  |  |  |
Weighted average shares of common stock outstanding — diluted | 68,501,059 |  |  | 68,000,392 |  |  |  |  |
Basic earnings per share | $ | 1.37 |  |  | $ | 0.96 |  |  |  |  |
Diluted earnings per share | $ | 1.30 |  |  | $ | 0.90 |  |  |  |  |

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