Company: HLI
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001302215-25-000024
Chunk: 100

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-05-15
Form: 10-K
Item: Item 9
Chunk 100
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 — — (149,954)— (149,954)Conversion of Class B to Class A shares1,942,078 1 (1,942,078)(1)— — — — Shares issued to non-employee directors (Note 14)6,609 — — — 587 — — 587 Other shares repurchased/forfeited(239,100)— (1,126,627)(1)(95,665)— — (95,666)Net income— — — — — 280,301 — 280,301 Change in unrealized translation— — — — — — (3,794)(3,794)Total comprehensive income— — — — — 280,301 (3,794)276,507 Balances – March 31, 202452,348,511 $52 16,746,676 $17 $739,870 $1,163,419 $(66,608)$1,836,750 

See accompanying Notes to Consolidated Financial Statements45

Table of ContentsHOULIHAN LOKEY, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (CONTINUED)

Class A Common StockClass B Common StockAdditional Paid-in CapitalRetained EarningsAccumulated OtherComprehensive LossTotal Stockholders' Equity(In thousands, except share data)Shares$Shares$$$$$Balances – April 1, 202452,348,511 $52 16,746,676 $17 $739,870 $1,163,419 $(66,608)$1,836,750 Shares issued91,656 — 1,978,147 2 94,028 — — 94,030 Stock compensation vesting (Note 14)— — — — 163,599 — — 163,599 Dividends— — — — — (168,392)— (168,392)Conversion of Class B to Class A shares1,699,118 2 (1,699,118)(2)— — — — Shares issued to non-employee directors (Note 14)5,248 — — —