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Earnings Per Share (Tables) | 3 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Reconciliations of Basic and Diluted Earnings Per Share of Class A Common Stock | 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, |  |
| 2024 |  | 2023 |  |  |  |
(in thousands, except share and per share amounts) |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable to StepStone Group Inc. – Basic | $ | 13,328 |  |  | $ | 21,269 |  |  |  |  |
Incremental income from assumed vesting of RSUs | 131 |  |  | 135 |  |  |  |  |
Incremental income from assumed vesting and exchange of Class B2 units | 335 |  |  | 829 |  |  |  |  |
Net income attributable to StepStone Group Inc. – Diluted | $ | 13,794 |  |  | $ | 22,233 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Weighted-average shares of Class A common stock outstanding – Basic | 66,187,754 |  |  | 62,834,818 |  |  |  |  |
Assumed vesting of RSUs | 673,854 |  |  | 400,034 |  |  |  |  |
Assumed vesting and exchange of Class B2 units | 1,732,153 |  |  | 2,504,618 |  |  |  |  |
Weighted-average shares of Class A common stock outstanding – Diluted | 68,593,761 |  |  | 65,739,470 |  |  |  |  |
Net income per share of Class A common stock: |  |  |  |  |  |  |
Basic | $ | 0.20 |  |  | $ | 0.34 |  |  |  |  |
Diluted | $ | 0.20 |  |  | $ | 0.34 |  |  |  |  |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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