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Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid in Capital
Retained Earnings
Consolidated Funds
Noncontrolling Interests
General Partnerships
Noncontrolling Interests
Hamilton Lane Advisors, L.L.C.
Noncontrolling Interests
Beginning balance at Mar. 31, 2022 $ 461,486 $ 37 $ 16 $ 161,676 $ 185,149 $ 0 $ 3,423 $ 111,185
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 53,960       33,484   308 20,168
Equity-based compensation 1,897     1,307       590
Dividends declared (14,800)       (14,800)      
Capital distribution to non-controlling interests, net (99)           (99)  
Member distributions (14,121)             (14,121)
Employee Share Purchase Plan share issuance 485     334       151
Adjustment of redeemable non-controlling interest to redemption value 2,166       1,492     674
Equity reallocation between controlling and non-controlling interests 0     (188)       188
Ending balance at Jun. 30, 2022 490,974 37 16 163,129 205,325 0 3,632 118,835
Beginning balance at Mar. 31, 2023 574,192 39 15 171,567 243,823 19,169 3,877 135,702
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 51,344       30,998 1,212 1 19,133
Equity-based compensation 2,846     1,995       851
Repurchase of Class A shares for employee tax withholding (108)     (76)       (32)
Dividends declared (16,780)       (16,780)      
Capital contributions from non-controlling interests, net 43,820         43,694 126  
Member distributions (14,165)             (14,165)
Employee Share Purchase Plan share issuance 551     386       165
Equity reallocation between controlling and non-controlling interests 0     2,801       (2,801)
Ending balance at Jun. 30, 2023 $ 641,700 $ 39 $ 15 $ 176,673 $ 258,041 $ 64,075 $ 4,004 $ 138,853