Hamilton Lane INC

For the period ended Mar 31, 2024. Filed May 23, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed May 23, 2024

HLNE$96.38+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders' Equity

	Class A Common Stock	Class B Common Stock	Additional Paid in Capital	Retained Earnings	Non-ControllingInterests in General Partnerships	Non-ControllingInterests in Hamilton Lane Advisors, L.L.C.	Non-Controlling Interest in Consolidated Funds	Total Equity
Balance at March 31, 2021	$36	$17	$150,564	$87,512	$2,211	$73,861	$—	$314,201
Net income	—	—	—	145,986	376	96,548	—	242,910
Equity-based compensation	—	—	5,040	—	—	2,364	—	7,404
Purchase and retirement of Class A stock for tax withholding	—	—	(2,204)	—	—	(1,281)	—	(3,485)
Deferred tax adjustment	—	—	2,747	—	—	—	—	2,747
Dividends declared	—	—	—	(51,376)	—	—	—	(51,376)
Capital distributions to non-controlling interests, net	—	—	—	—	836	—	—	836
Member distributions	—	—	—	—	—	(57,953)	—	(57,953)
Offerings adjustment	1	(1)	4,097	—	—	(4,098)	—	(1)
Employee Share Purchase Plan share issuance	—	—	1,265	—	—	595	—	1,860
Adjustment of redeemable non-controlling interest to redemption value	—	—	—	3,027	—	1,316	—	4,343
Equity reallocation between controlling and non-controlling interests	—	—	167	—	—	(167)	—	—
Balance at March 31, 2022	$37	$16	$161,676	$185,149	$3,423	$111,185	$—	$461,486
Net income	—	—	—	109,120	986	71,027	435	181,568
Equity-based compensation	—	—	6,873	—	—	3,077	—	9,950
Purchase and retirement of Class A stock for tax withholding	—	—	(1,611)	—	—	(714)	—	(2,325)
Deferred tax adjustment	—	—	1,813	—	—	—	—	1,813
Dividends declared	—	—	—	(59,462)	—	—	—	(59,462)
Capital contributions from (distributions to) non-controlling interests, net	—	—	—	—	(532)	—	18,734	18,202
Member distributions	—	—	—	—	—	(52,048)	—	(52,048)
Offering adjustment	1	(1)	5,013	—	—	(5,014)	—	(1)
Employee Share Purchase Plan share issuance	1	—	1,337	—	—	599	—	1,937
Adjustment of redeemable non-controlling interest to redemption value	—	—	—	9,016	—	4,056	—	13,072
Equity reallocation between controlling and non-controlling interests	—	—	(3,534)	—	—	3,534	—	—
Balance at March 31, 2023	$39	$15	$171,567	$243,823	$3,877	$135,702	$19,169	$574,192

Consolidated Statements of Stockholders' Equity

	Class A Common Stock	Class B Common Stock	Additional Paid in Capital	Retained Earnings	Non-ControllingInterests in General Partnerships	Non-ControllingInterests in Hamilton Lane Advisors, L.L.C.	Non-Controlling Interest in Consolidated Funds	Total Equity
Balance at March 31, 2023	$39	$15	$171,567	$243,823	$3,877	$135,702	$19,169	$574,192
Net income	—	—	—	140,858	534	80,835	4,980	227,207
Equity-based compensation	—	—	8,533	—	—	3,600	—	12,133
Purchase and retirement of Class A stock for tax withholding	—	—	(2,491)	—	—	(1,016)	—	(3,507)
Deferred tax adjustment	—	—	7,147	—	—	—	—	7,147
Dividends declared	—	—	—	(67,985)	—	—	—	(67,985)
Capital contributions from (distributions to) non-controlling interests, net	—	—	—	—	632	—	142,924	143,556
Member distributions	—	—	—	—	—	(51,965)	—	(51,965)
Offering adjustment	2	(1)	17,541	—	—	(17,542)	—	—
Employee Share Purchase Plan share issuance	—	—	1,585	—	—	668	—	2,253
Deconsolidation of consolidated fund	—	—	—	—	—	—	(167,073)	(167,073)
Equity reallocation between controlling and non-controlling interests	—	—	4,520	—	—	(4,520)	—	—
Balance at March 31, 2024	$41	$14	$208,402	$316,696	$5,043	$145,762	$—	$675,958

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.