XML 30 R19.htm IDEA: XBRL DOCUMENT v3.25.0.1
EARNINGS PER SHARE
9 Months Ended
Dec. 31, 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 December 31,Nine Months Ended December 31,
2024202320242023
Numerator:
Net income attributable Houlihan Lokey, Inc.$95,302 $70,803 $277,791 $199,224 
Denominator:
Weighted average shares of common stock outstanding — basic65,831,122 64,411,668 65,563,605 64,258,216 
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
2,929,837 3,474,633 2,994,720 3,638,086 
Weighted average shares of common stock outstanding — diluted68,760,959 67,886,301 68,558,325 67,896,302 
Basic earnings per share$1.45 $1.10 $4.24 $3.10 
Diluted earnings per share$1.39 $1.04 $4.05 $2.93