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EARNINGS PER SHARE
12 Months Ended
Mar. 31, 2025
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
Year Ended March 31,
202520242023
Numerator:
Net income attributable to Houlihan Lokey, Inc.$399,711 $280,301 $254,223 
Denominator:
Weighted average shares of common stock outstanding — basic65,724,473 64,337,975 63,358,408 
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 method2,933,874 3,821,415 4,227,855 
Weighted average shares of common stock outstanding — diluted68,658,347 68,159,390 67,586,263 
Basic earnings per share$6.08 $4.36 $4.01 
Diluted earnings per share$5.82 $4.11 $3.76