Consolidated Quarterly Results of Operations (Unaudited)

12 Months Ended

Mar. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Consolidated Quarterly Results of Operations (Unaudited)

	For the Three Months Ended
	June 30, 2019		September 30, 2019		December 31, 2019		March 31, 2020
(In thousands, except share data and par value)
Revenues	$	250,349	$	272,810	$	333,515	$	302,694
Total operating expenses	202,572		227,657		265,499		234,039
Operating income	47,777		45,153		68,016		68,655
Net income attributable to Houlihan Lokey, Inc.	$	42,775	$	33,110	$	48,894	$	59,014
Earnings per share
Basic	$	0.69	$	0.53	$	0.79	$	0.95
Diluted	$	0.65	$	0.50	$	0.75	$	0.90
Dividends declared per share of common stock	$	0.31	$	0.31	$	0.31	$	0.31

	For the Three Months Ended
	June 30, 2018		September 30, 2018		December 31, 2018		March 31, 2019
(In thousands, except share data and par value)
Revenues	$	220,002	$	274,992	$	298,013	$	291,378
Total operating expenses	179,874		218,817		235,770		230,827
Operating income	40,128		56,175		62,243		60,551
Net income attributable to Houlihan Lokey, Inc.	$	29,682	$	40,119	$	43,957	$	45,348
Earnings per share
Basic	$	0.47	$	0.64	$	0.71	$	0.74
Diluted	$	0.45	$	0.61	$	0.67	$	0.69
Dividends declared per share of common stock	$	0.27	$	0.27	$	0.27	$	0.31