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EARNINGS PER SHARE
3 Months Ended
Jun. 30, 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.
Three Months Ended June 30,
20252024
Numerator:
Net income attributable Houlihan Lokey, Inc.$97,533 $88,940 
Denominator:
Weighted average shares of common stock outstanding — basic66,244,178 65,031,216 
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
2,643,792 3,469,843 
Weighted average shares of common stock outstanding — diluted68,887,970 68,501,059 
Basic earnings per share$1.47 $1.37 
Diluted earnings per share$1.42 $1.30