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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Revenues $ 274,048 $ 252,179 $ 244,033
Expenses      
Compensation and benefits 98,519 97,719 82,868
General, administrative and other 59,100 50,236 38,212
Total expenses 157,619 147,955 121,080
Other income (expense)      
Equity in income of investees 20,250 7,202 17,102
Interest expense (2,816) (3,039) (5,989)
Interest income 709 255 528
Non-operating income 6,172 20,915 5,036
Total other income (expense) 24,315 25,333 16,677
Total income before income taxes 140,744 129,557 139,630
Income tax expense 13,968 30,560 33,333
Net income 126,776 98,997 106,297
Net income attributable to Hamilton Lane Incorporated $ 60,825 $ 33,573 $ 17,341
Common Class A      
Earnings per share of Class A common stock      
Basic (in dollars per share) $ 2.17 $ 1.41 $ 0.94
Diluted (in dollars per share) 2.15 1.40 0.93
Dividends declared per share of Class A common stock (in dollars per share) $ 1.10 $ 0.85 $ 0.70
General Partnerships      
Other income (expense)      
Less: Income attributable to non-controlling interests in Hamilton Lane Advisors, L.L.C. $ 85 $ 564 $ 2,448
Hamilton Lane Advisors, L.L.C.      
Other income (expense)      
Less: Income attributable to non-controlling interests in Hamilton Lane Advisors, L.L.C. 65,866 64,860 86,508
Management and advisory fees      
Revenues 244,920 217,773 195,030
Incentive fees      
Revenues $ 29,128 $ 34,406 $ 49,003