HOULIHAN LOKEY INC
For the period ended Jun 30, 2024. Filed Aug 6, 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.
Jun 30, 2024 · Filed Aug 6, 2024
HLI$148.03-0.3%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income
| Three Months Ended June 30, | ||
|---|---|---|
| (In thousands, except share and per share data) | 2024 | 2023 |
| Revenues | $513,609 | $415,829 |
| Operating expenses: | ||
| Employee compensation and benefits | 330,116 | 263,483 |
| Travel, meals, and entertainment | 18,512 | 16,018 |
| Rent | 19,284 | 17,403 |
| Depreciation and amortization | 8,856 | 6,532 |
| Information technology and communications | 16,189 | 13,548 |
| Professional fees | 8,477 | 9,557 |
| Other operating expenses | 16,607 | 15,941 |
| Total operating expenses | 418,041 | 342,482 |
| Operating income | 95,568 | 73,347 |
| Other income, net | (4,306) | (3,005) |
| Income before provision for income taxes | 99,874 | 76,352 |
| Provision for income taxes | 10,934 | 14,962 |
| Net income | 88,940 | 61,390 |
| Other comprehensive income, net of tax: | ||
| Foreign currency translation adjustments | (2,962) | 2,974 |
| Comprehensive income attributable to Houlihan Lokey, Inc. | $85,978 | $64,364 |
| Attributable to Houlihan Lokey, Inc. common stockholders: | ||
| Weighted average shares of common stock outstanding: | ||
| Basic | 65,031,216 | 63,806,156 |
| Fully diluted | 68,501,059 | 68,000,392 |
| Earnings per share (Note 13) | ||
| Basic | $1.37 | $0.96 |
| Fully diluted | $1.30 | $0.90 |
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