Q - HOULIHAN LOKEY,
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
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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, 2025 · Filed Aug 5, 2025
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) | June 30, 2025 | March 31, 2025 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $793,823 | $971,007 |
| Restricted cash | 4,573 | 4,572 |
| Investment securities | 72,878 | 195,624 |
| Accounts receivable, net of allowance for credit losses of $13,061 and $13,843, respectively | 218,177 | 257,326 |
| Unbilled work in progress, net of allowance for credit losses of $8,931 and $6,764, respectively | 180,818 | 157,760 |
| Income taxes receivable | 2,458 | — |
| Deferred income taxes | 96,289 | 92,776 |
| Property and equipment, net | 150,619 | 149,350 |
| Operating lease right-of-use assets | 364,207 | 362,669 |
| Goodwill | 1,295,128 | 1,284,589 |
| Other intangible assets, net | 203,624 | 212,670 |
| Other assets | 135,209 | 131,365 |
| Total assets | $3,517,803 | $3,819,708 |
| Liabilities and stockholders' equity | ||
| Liabilities: | ||
| Accrued salaries and bonuses | $640,460 | $936,619 |
| Accounts payable and accrued expenses | 105,597 | 137,228 |
| Deferred income | 51,496 | 48,215 |
| Income taxes payable | — | 6,396 |
| Deferred income taxes | 8,997 | 8,784 |
| Operating lease liabilities | 440,380 | 438,185 |
| Other liabilities | 93,057 | 69,404 |
| Total liabilities | 1,339,987 | 1,644,831 |
| Commitments and contingencies (Note 17) | ||
| Stockholders' equity: | ||
| Class A common stock, $0.001 par value. Authorized 1,000,000,000 shares; issued and outstanding 54,330,177 and 53,822,189 shares, respectively | 54 | 54 |
| Class B common stock, $0.001 par value. Authorized 1,000,000,000 shares; issued and outstanding 16,004,974 and 16,021,106 shares, respectively | 16 | 16 |
| Additional paid-in capital | 743,715 | 843,350 |
| Retained earnings | 1,448,993 | 1,394,738 |
| Accumulated other comprehensive loss | (14,962) | (63,281) |
| Total stockholders' equity | 2,177,816 | 2,174,877 |
| Total liabilities and stockholders' equity | $3,517,803 | $3,819,708 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.