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Earnings per Share | 3 Months Ended
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Jun. 30, 2018
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share Shares of the Company’s Class B common stock do not share in the earnings or losses attributable to HLI, and therefore are not participating securities. As a result, a separate presentation of basic and diluted earnings per share of Class B common stock under the two-class method has not been included. Shares of the Company’s Class B common stock are, however, considered potentially dilutive to the Class A common stock because each share of Class B common stock, together with a corresponding Class B unit, is exchangeable for a share of Class A common stock on a one-for-one basis. The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock:
| Three Months Ended
| June 30, 2018 |  | June 30, 2017
| Net income attributable to HLI |  | Weighted-Average Shares |  | Per share amount |  | Net income attributable to HLI |  | Weighted-Average Shares |  | Per share amount
Basic EPS of Class A common stock | $ | 8,845 |  |  | 22,248,547 |  |  | $ | 0.40 |  |  | $ | 5,464 |  |  | 17,981,601 |  |  | $ | 0.30 |
Adjustment to net income: |  |  |  |  |  |  |  |  |  |  |
Assumed exercise and vesting of employee awards | 119 |  |  |  |  |  |  | 83 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Assumed exercise and vesting of employee awards |  |  | 524,940 |  |  |  |  |  |  | 477,814 |  |  |
Diluted EPS of Class A common stock | $ | 8,964 |  |  | 22,773,487 |  |  | $ | 0.39 |  |  | $ | 5,547 |  |  | 18,459,415 |  |  | $ | 0.30 |
The calculation of diluted earnings per share for the three months ended June 30, 2018 and 2017 excludes 30,603,983 and 34,438,669 outstanding Class B and C Units of HLA, respectively, which are exchangeable into Class A common stock under the “if-converted” method, because the inclusion of such shares would be antidilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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