Hamilton Lane INC
For the period ended Sep 30, 2024. Filed Nov 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.
Sep 30, 2024 · Filed Nov 6, 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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Condensed Consolidated Statements of Stockholders’ Equity for the and
Condensed 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 Interests in Consolidated Funds | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance at March 31, 2024 | $41 | $14 | $208,402 | $316,696 | $5,043 | $145,762 | $— | $675,958 |
| Net income | — | — | — | 113,946 | 733 | 47,495 | 834 | 163,008 |
| Equity-based compensation | — | — | 5,812 | — | — | 2,084 | — | 7,896 |
| Purchase and retirement of Class A stock for tax withholding | — | — | (676) | — | — | (242) | — | (918) |
| Dividends declared | — | — | — | (38,905) | — | — | — | (38,905) |
| Capital contributions from non-controlling interests, net | — | — | — | — | 99 | — | 10,000 | 10,099 |
| Member distributions | — | — | — | — | — | (16,485) | — | (16,485) |
| Employee Share Purchase Plan share issuance | — | — | 934 | — | — | 335 | — | 1,269 |
| Equity reallocation between controlling and non-controlling interests | — | — | 316 | — | — | (316) | — | — |
| Balance at September 30, 2024 | $41 | $14 | $214,788 | $391,737 | $5,875 | $178,633 | $10,834 | $801,922 |
| 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 Interests 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 | — | — | — | 72,992 | 88 | 37,790 | 4,980 | 115,850 |
| Equity-based compensation | — | — | 4,180 | — | — | 1,783 | — | 5,963 |
| Purchase and retirement of Class A stock for tax withholding | — | — | (76) | — | — | (32) | — | (108) |
| Dividends declared | — | — | — | (33,564) | — | — | — | (33,564) |
| Capital contributions from non-controlling interests, net | — | — | — | — | 443 | — | 142,924 | 143,367 |
| Member distributions | — | — | — | — | — | (25,214) | — | (25,214) |
| Employee Share Purchase Plan share issuance | — | — | 758 | — | — | 324 | — | 1,082 |
| Equity reallocation between controlling and non-controlling interests | — | — | 2,786 | — | — | (2,786) | — | — |
| Balance at September 30, 2023 | $39 | $15 | $179,215 | $283,251 | $4,408 | $147,567 | $167,073 | $781,568 |
Condensed 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 Interests in Consolidated Funds | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance at June 30, 2024 | $41 | $14 | $210,099 | $356,209 | $5,388 | $160,445 | $4,632 | $736,828 |
| Net income | — | — | — | 54,982 | 388 | 19,850 | 702 | 75,922 |
| Equity-based compensation | — | — | 3,439 | — | — | 1,234 | — | 4,673 |
| Purchase and retirement of Class A stock for tax withholding | — | — | (287) | — | — | (103) | — | (390) |
| Dividends declared | — | — | — | (19,454) | — | — | — | (19,454) |
| Capital contributions from non-controlling interests, net | — | — | — | — | 99 | — | 5,500 | 5,599 |
| Member distributions | — | — | — | — | — | (1,876) | — | (1,876) |
| Employee Share Purchase Plan share issuance | — | — | 456 | — | — | 164 | — | 620 |
| Equity reallocation between controlling and non-controlling interests | — | — | 1,081 | — | — | (1,081) | — | — |
| Balance at September 30, 2024 | $41 | $14 | $214,788 | $391,737 | $5,875 | $178,633 | $10,834 | $801,922 |
| 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 Interests in Consolidated Funds | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance at June 30, 2023 | $39 | $15 | $176,673 | $258,041 | $4,004 | $138,853 | $64,075 | $641,700 |
| Net income | — | — | — | 41,994 | 87 | 18,654 | 3,768 | 64,503 |
| Equity-based compensation | — | — | 2,185 | — | — | 933 | — | 3,118 |
| Dividends declared | — | — | — | (16,784) | — | — | — | (16,784) |
| Capital distribution from non-controlling interests, net | — | — | — | — | 317 | — | 99,230 | 99,547 |
| Member distributions | — | — | — | — | — | (11,048) | — | (11,048) |
| Employee Share Purchase Plan share issuance | — | — | 373 | — | — | 159 | — | 532 |
| Equity reallocation between controlling and non-controlling interests | — | — | (16) | — | — | 16 | — | — |
| Balance at September 30, 2023 | $39 | $15 | $179,215 | $283,251 | $4,408 | $147,567 | $167,073 | $781,568 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.