HOULIHAN LOKEY INC
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 8, 2024
HLI$148.41+1.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (In thousands, except share data and par value) | December 31, 2023 | March 31, 2023 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $555,532 | $714,439 |
| Restricted cash | 373 | 373 |
| Investment securities | 35,367 | 37,309 |
| Accounts receivable, net of allowance for credit losses of $9,317 and $8,773, respectively | 152,755 | 182,029 |
| Unbilled work in progress, net of allowance for credit losses of $9,941 and $5,622, respectively | 174,178 | 115,045 |
| Income taxes receivable | 32,898 | 17,693 |
| Deferred income taxes | 103,472 | 104,941 |
| Property and equipment, net | 130,696 | 88,345 |
| Operating lease right-of-use assets | 356,595 | 333,877 |
| Goodwill | 1,128,610 | 1,087,784 |
| Other intangible assets, net | 199,941 | 203,370 |
| Other assets | 88,491 | 83,609 |
| Total assets | $2,958,908 | $2,968,814 |
| Liabilities and stockholders' equity | ||
| Liabilities: | ||
| Accrued salaries and bonuses | $575,088 | $765,877 |
| Accounts payable and accrued expenses | 100,319 | 113,421 |
| Deferred income | 41,014 | 40,695 |
| Deferred income taxes | 3,269 | 544 |
| Operating lease liabilities | 420,107 | 374,869 |
| Other liabilities | 49,808 | 60,111 |
| Total liabilities | 1,189,605 | 1,355,517 |
| Commitments and contingencies (Note 17) | ||
| Stockholders' equity: | ||
| Class A common stock, $0.001 par value. Authorized 1,000,000,000 shares; issued and outstanding 52,027,676 and 50,638,924 shares, respectively | 52 | 51 |
| Class B common stock, $0.001 par value. Authorized 1,000,000,000 shares; issued and outstanding 17,114,509 and 18,048,345 shares, respectively | 17 | 18 |
| Additional paid-in capital | 701,996 | 642,970 |
| Retained earnings | 1,121,387 | 1,033,072 |
| Accumulated other comprehensive loss | (54,149) | (62,814) |
| Total stockholders' equity | 1,769,303 | 1,613,297 |
| Total liabilities and stockholders' equity | $2,958,908 | $2,968,814 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.