Earnings per Share (Tables)

6 Months Ended

Sep. 30, 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 September 30, 2023					Three Months Ended September 30, 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	$	41,994				$	34,881
Impact of changes in carrying amount of redeemable NCI	—					1,333
Basic EPS of Class A common stock	$	41,994	37,718,210	$	1.11	$	36,214	37,009,309	$	0.98
Adjustment to net income:
Assumed vesting of employee awards	44					17
Assumed conversion of Class B and Class C Units	17,824					15,825
Effect of dilutive securities:
Assumed vesting of employee awards			133,775					60,790
Assumed conversion of Class B and Class C Units			16,089,097					16,675,834
Diluted EPS of Class A common stock	$	59,862	53,941,082	$	1.11	$	52,056	53,745,933	$	0.97
	Six Months Ended September 30, 2023					Six Months Ended September 30, 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	$	72,992				$	68,365
Impact of changes in carrying amount of redeemable NCI	—					1,713
Basic EPS of Class A common stock	$	72,992	37,713,038	$	1.94	$	70,078	37,000,150	$	1.89
Adjustment to net income:
Assumed vesting of employee awards	53					9
Assumed conversion of Class B and Class C Units	30,177					31,007
Effect of dilutive securities:
Assumed vesting of employee awards			94,622					48,816
Assumed conversion of Class B and Class C Units			16,089,097					16,675,834
Diluted EPS of Class A common stock	$	103,222	53,896,757	$	1.92	$	101,094	53,724,800	$	1.88