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Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Additional Paid in Capital
Retained Earnings
Noncontrolling Interests
General Partnerships
Noncontrolling Interests
Hamilton Lane Advisors, L.L.C.
Noncontrolling Interests
Consolidated Funds
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Beginning balance at Mar. 31, 2022 $ 461,486 $ 161,676 $ 185,149 $ 3,423 $ 111,185 $ 0 $ 37 $ 16
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 130,133   78,034 773 51,326      
Equity-based compensation 6,816 4,702     2,114      
Repurchase of Class A shares for employee tax withholding (162) (112)     (50)      
Dividends declared (44,413)   (44,413)          
Capital distributions to non-controlling interests, net (543)     (543)        
Member distributions (37,871)       (37,871)      
Employee Share Purchase Plan share issuance 1,441 993     447   1  
Adjustment of redeemable non-controlling interest to redemption value 13,071   9,016   4,055      
Equity reallocation between controlling and non-controlling interests 0 (438)     438      
Ending balance at Dec. 31, 2022 529,958 166,821 227,786 3,653 131,644 0 38 16
Beginning balance at Sep. 30, 2022 524,978 164,763 225,957 3,820 130,384 0 38 16
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 19,237   9,669 422 9,146      
Equity-based compensation 2,835 1,956     879      
Repurchase of Class A shares for employee tax withholding (70) (48)     (22)      
Dividends declared (14,810)   (14,810)          
Capital distributions to non-controlling interests, net (589)     (589)        
Member distributions (12,164)       (12,164)      
Employee Share Purchase Plan share issuance 439 303     136      
Adjustment of redeemable non-controlling interest to redemption value 0 (153)     153      
Equity reallocation between controlling and non-controlling interests 10,102 0 6,970   3,132      
Ending balance at Dec. 31, 2022 529,958 166,821 227,786 3,653 131,644 0 38 16
Beginning balance at Mar. 31, 2023 574,192 171,567 243,823 3,877 135,702 19,169 39 15
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 150,382   92,498 171 52,733 4,980    
Equity-based compensation 9,227 6,468     2,759      
Repurchase of Class A shares for employee tax withholding (269) (189)     (80)      
Dividends declared (50,357)   (50,357)          
Capital contributions from non-controlling interests, net 143,648     724   142,924    
Member distributions (37,310)       (37,310)      
Employee Share Purchase Plan share issuance 1,666 1,167     499      
Deconsolidation of consolidated fund (167,073)         (167,073)    
Equity reallocation between controlling and non-controlling interests 0 2,916     (2,916)      
Ending balance at Dec. 31, 2023 624,106 181,929 285,964 4,772 151,387 0 39 15
Beginning balance at Sep. 30, 2023 781,568 179,215 283,251 4,408 147,567 167,073 39 15
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 34,532   19,506 82 14,944      
Equity-based compensation 3,264 2,287     977      
Repurchase of Class A shares for employee tax withholding (161) (113)     (48)      
Dividends declared (16,793)   (16,793)          
Capital contributions from non-controlling interests, net 282     282        
Member distributions (12,098)       (12,098)      
Employee Share Purchase Plan share issuance 585 410     175      
Deconsolidation of consolidated fund (167,073)         (167,073)    
Equity reallocation between controlling and non-controlling interests 0 130     (130)      
Ending balance at Dec. 31, 2023 $ 624,106 $ 181,929 $ 285,964 $ 4,772 $ 151,387 $ 0 $ 39 $ 15