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Earnings per Share (Tables)

9 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

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 December 31, 2023																		Three Months Ended December 31, 2022
			Net income attributable to Class A Stockholders						Weighted-Average Shares						Per share amount						Net income attributable to Class A Stockholders						Weighted-Average Shares						Per share amount
Net income attributable to HLI			$	19,506																	$	9,669
Impact of changes in carrying amount of redeemable NCI			—																		2,095
Basic EPS of Class A common stock			$	19,506					37,736,012						$	0.52					$	11,764					37,025,416						$	0.32
Adjustment to net income:
Assumed vesting of employee awards			25																		5
Assumed conversion of Class B and Class C Units			8,232																		5,058
Effect of dilutive securities:
Assumed vesting of employee awards									162,446																		68,129
Assumed conversion of Class B and Class C Units									16,089,097																		16,675,834
Diluted EPS of Class A common stock			$	27,763					53,987,555						$	0.51					$	16,827					53,769,379						$	0.31


			Nine Months Ended December 31, 2023																		Nine Months Ended December 31, 2022
			Net income attributable to Class A Stockholders						Weighted-Average Shares						Per share amount						Net income attributable to Class A Stockholders						Weighted-Average Shares						Per share amount
Net income attributable to HLI			$	92,498																	$	78,034
Impact of changes in carrying amount of redeemable NCI			—																		3,809
Basic EPS of Class A common stock			$	92,498					37,720,724						$	2.45					$	81,843					37,004,657						$	2.21
Adjustment to net income:
Assumed vesting of employee awards			88																		34
Assumed conversion of Class B and Class C Units			38,456																		35,968
Effect of dilutive securities:
Assumed vesting of employee awards									122,983																		53,030
Assumed conversion of Class B and Class C Units									16,089,097																		16,675,834
Diluted EPS of Class A common stock			$	131,042					53,932,804						$	2.43					$	117,845					53,733,521						$	2.19