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EARNINGS PER SHARE (Tables) | 6 Months Ended
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Sep. 30, 2024
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. 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 September 30, |  | Six Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |
Net income attributable Houlihan Lokey, Inc. | $ | 93,549 |  |  | $ | 67,031 |  |  | $ | 182,489 |  |  | $ | 128,421 |
Denominator: |  |  |  |  |  |  |
Weighted average shares of common stock outstanding — basic | 65,822,690 |  |  | 64,551,353 |  |  | 65,429,115 |  |  | 64,180,642 |
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 | 2,599,910 |  |  | 3,316,028 |  |  | 3,021,751 |  |  | 3,700,981 |
Weighted average shares of common stock outstanding — diluted | 68,422,600 |  |  | 67,867,381 |  |  | 68,450,866 |  |  | 67,881,623 |
Basic earnings per share | $ | 1.42 |  |  | $ | 1.04 |  |  | $ | 2.79 |  |  | $ | 2.00 |
Diluted earnings per share | $ | 1.37 |  |  | $ | 0.99 |  |  | $ | 2.67 |  |  | $ | 1.89 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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