$HLI
HOULIHAN LOKEY, INC. Stock $hli

$hli Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000130221524000110 Filed on November 05, 2024

Income Statement

Concept	2024 Q3
Revenue	$575.0M
YoY Change	23.12%
Cost Of Revenue
YoY Change
Gross Profit	$190.0M
YoY Change	33.21%
Gross Profit Margin	33.04%
Selling, General & Admin	$409.8M
YoY Change	15.46%
% of Gross Profit	215.71%
Research & Development	$17.76M
YoY Change	23.92%
% of Gross Profit	9.35%
Depreciation & Amortization	$5.377M
YoY Change	44.27%
% of Gross Profit	2.83%
Operating Expenses	$444.3M
YoY Change	17.94%
Operating Profit	$130.7M
YoY Change	44.74%
Interest Expense	-$73.00K
YoY Change
% of Operating Profit	-0.06%
Other Income/Expense, Net	$5.419M
YoY Change	64.41%
Pretax Income	$136.1M
YoY Change	45.44%
Income Tax	$42.54M
% Of Pretax Income	31.26%
Net Earnings	$93.55M
YoY Change	39.56%
Net Earnings / Revenue	16.27%
Basic Earnings Per Share	$1.42
Diluted Earnings Per Share	$1.37
COMMON SHARES
Basic Shares Outstanding	65.82M shares
Diluted Shares Outstanding	68.42M shares

Balance Sheet

Concept	2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$748.2M
YoY Change	42.48%
Cash & Equivalents	$691.4M
Short-Term Investments	$56.83M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$357.4M
Other Receivables	$21.83M
Total Short-Term Assets	$1.071B
YoY Change	33.42%
LONG-TERM ASSETS
Property, Plant & Equipment	$148.7M
YoY Change	24.57%
Goodwill	$1.178B
YoY Change	8.41%
Intangibles
YoY Change
Long-Term Investments	$56.83M
YoY Change	82.14%
Other Assets	$88.47M
YoY Change	-17.08%
Total Long-Term Assets	$2.142B
YoY Change	8.24%
TOTAL ASSETS
Total Short-Term Assets	$1.071B
Total Long-Term Assets	$2.142B
Total Assets	$3.213B
YoY Change	15.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$104.7M
YoY Change	10.05%
Accrued Expenses	$1.073B
YoY Change	10.34%
Deferred Revenue	$37.96M
YoY Change	1.57%
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.215B
YoY Change	10.01%
LONG-TERM LIABILITIES
Long-Term Debt	$14.50M
YoY Change
Other Long-Term Liabilities	$18.38M
YoY Change	-39.74%
Total Long-Term Liabilities	$32.88M
YoY Change	7.8%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.215B
Total Long-Term Liabilities	$32.88M
Total Liabilities	$1.256B
YoY Change	10.58%
SHAREHOLDERS EQUITY
Retained Earnings	$1.260B
YoY Change	15.88%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.957B
YoY Change
Total Liabilities & Shareholders Equity	$3.213B
YoY Change	15.5%

Cashflow Statement

Concept	2024 Q3
OPERATING ACTIVITIES
Net Income	$93.55M
YoY Change	39.56%
Depreciation, Depletion And Amortization	$5.377M
YoY Change	44.27%
Cash From Operating Activities	$289.2M
YoY Change	112.82%
INVESTING ACTIVITIES
Capital Expenditures	$10.50M
YoY Change	-54.76%
Acquisitions
YoY Change
Other Investing Activities	-$20.38M
YoY Change	-854.93%
Cash From Investing Activities	-$30.88M
YoY Change	49.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-39.13M
YoY Change	-42.12%
NET CHANGE
Cash From Operating Activities	289.2M
Cash From Investing Activities	-30.88M
Cash From Financing Activities	-39.13M
Net Change In Cash	219.2M
YoY Change	359.57%
FREE CASH FLOW
Cash From Operating Activities	$289.2M
Capital Expenditures	$10.50M
Free Cash Flow	$278.7M
YoY Change	147.32%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q3	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	7575000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	7505000	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	431222000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	415412000	usd
CY2024Q3	us-gaap	Other Liabilities OtherLiabilities	32880000	usd
CY2024Q1	us-gaap	Other Liabilities OtherLiabilities	37751000	usd
CY2024Q3	us-gaap	Liabilities Liabilities	1255664000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	1334009000	usd
CY2023Q3	us-gaap	Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#OtherCostAndExpenseOperating
CY2024Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	574957000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	466989000	usd
CY2024Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	353599000	usd
CY2023Q3	us-gaap	Labor And Related Expense LaborAndRelatedExpense	287200000	usd
	us-gaap	Profit Loss ProfitLoss	182489000	usd
	us-gaap	Profit Loss ProfitLoss	128421000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	4699000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2633000	usd
	hli	Accounts Receivable Credit Loss Expense Reversal Net AccountsReceivableCreditLossExpenseReversalNet	5234000	usd
	hli	Accounts Receivable Credit Loss Expense Reversal Net AccountsReceivableCreditLossExpenseReversalNet	4058000	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	939000	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-142000	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	15222000	usd
	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	16691000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	16300000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	13618000	usd
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	804000	usd
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	-816000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-26569000	usd
	hli	Increase Decreasein Unbilled Workin Process Netof Acquisition IncreaseDecreaseinUnbilledWorkinProcessNetofAcquisition	55786000	usd
	hli	Increase Decreasein Unbilled Workin Process Netof Acquisition IncreaseDecreaseinUnbilledWorkinProcessNetofAcquisition	-19582000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	21743000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-8697000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-211229000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-28619000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-36234000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	4817000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-3325000	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	11584000	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-4274000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	224711000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2252000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	23496000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	35000	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	5611000	usd
	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	5988000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	32058000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	21368000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	38927000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-71311000	usd
	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	24952000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	101716000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	70025000	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	9706000	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	7053000	usd
CY2024Q3	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	26542000	usd
CY2024Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2067000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3360000	usd
CY2024Q3	us-gaap	Depreciation Depreciation	5377000	usd
CY2023Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	7086000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	714812000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	692862000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	494302000	usd
CY2024Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q3	us-gaap	Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#OtherCostAndExpenseOperating
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	735277000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	739870000	usd
CY2024Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1259950000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1163419000	usd
CY2024Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-38209000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-66608000	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1957087000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1836750000	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3212751000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3170759000	usd
CY2024Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	7038000	usd
CY2023Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	9342000	usd
CY2024Q3	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	13570000	usd
CY2023Q3	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	14151000	usd
CY2024Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	15174000	usd
CY2023Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	19013000	usd
CY2024Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	7444000	usd
CY2024Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	17755000	usd
CY2023Q3	us-gaap	Communications And Information Technology CommunicationsAndInformationTechnology	14328000	usd
CY2024Q3	us-gaap	Professional Fees ProfessionalFees	9677000	usd
CY2023Q3	us-gaap	Professional Fees ProfessionalFees	10859000	usd
CY2024Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	20031000	usd
CY2023Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	14733000	usd
CY2024Q3	us-gaap	Operating Expenses OperatingExpenses	444288000	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	376712000	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	130669000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	90277000	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	5419000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3296000	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	136088000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	93573000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	42539000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26542000	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	93549000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	67031000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	31361000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-19883000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	124910000	usd
CY2023Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	47148000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65822690	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64551353	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68422600	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	67867381	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.42
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.04
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.37
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.99
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	78396000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	82149000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	15106000	usd
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-84213000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-32974000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	89674000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	77390000	usd
	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	240000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	710000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	587000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-200626000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-178833000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18234000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-10955000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-28992000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-220510000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	721854000	usd
	hli	Shares Issued Via Vesting Of Liability Classified Awards SharesIssuedViaVestingOfLiabilityClassifiedAwards	5953000	usd
	hli	Shares Issued Via Vesting Of Liability Classified Awards SharesIssuedViaVestingOfLiabilityClassifiedAwards	5114000	usd
	hli	Fully Amortized Intangible Assets Written Off FullyAmortizedIntangibleAssetsWrittenOff	12489000	usd
	hli	Fully Amortized Intangible Assets Written Off FullyAmortizedIntangibleAssetsWrittenOff	0	usd
	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	2207000	usd
	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	0	usd
	us-gaap	Interest Paid Net InterestPaidNet	557000	usd
	us-gaap	Interest Paid Net InterestPaidNet	200000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	37211000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	48410000	usd
	hli	Regulatory Fines And Penalties Paid RegulatoryFinesAndPenaltiesPaid	0	usd
	hli	Regulatory Fines And Penalties Paid RegulatoryFinesAndPenaltiesPaid	15000000	usd
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements. Management estimates and assumptions also affect the reported amounts of revenues and expenses during the reporting period, and disclosure of contingent assets and liabilities at the reporting date. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. Management adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Items subject to such estimates and assumptions include, but are not limited to: the allowance for credit losses; the valuation of deferred tax assets, valuation of acquired intangibles and goodwill, accrued expenses, and share based compensation; the allocation of goodwill and other assets across the reporting units (segments); and reserves for income tax uncertainties and other contingencies.</span></div>
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	691410000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	721235000	usd
CY2024Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1452000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	619000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	692862000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	721854000	usd
CY2024Q1	hli	Contractwith Customer Receivables Net ContractwithCustomerReceivablesNet	192952000	usd
	hli	Increase Decreasein Contractwith Customer Receivables Net IncreaseDecreaseinContractwithCustomerReceivablesNet	19046000	usd
CY2024Q3	hli	Contractwith Customer Receivables Net ContractwithCustomerReceivablesNet	211998000	usd
CY2024Q1	hli	Unbilled Receivables Work In Process UnbilledReceivablesWorkInProcess	192012000	usd
	hli	Increase Decreasein Unbilled Workin Process IncreaseDecreaseinUnbilledWorkinProcess	-53719000	usd
CY2024Q3	hli	Unbilled Receivables Work In Process UnbilledReceivablesWorkInProcess	138293000	usd
CY2024Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	6678000	usd
	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	457000	usd
CY2024Q3	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	7135000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	33139000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	4817000	usd
CY2024Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	37956000	usd
CY2024Q3	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	4300000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	15300000	usd
CY2024Q3	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	56829000	usd
CY2024Q1	us-gaap	Investments Fair Value Disclosure InvestmentsFairValueDisclosure	38005000	usd
CY2024Q3	us-gaap	Trading Securities Debt Amortized Cost TradingSecuritiesDebtAmortizedCost	57015000	usd
CY2024Q3	hli	Debt Securities Trading Accumulated Unrecognized Gain DebtSecuritiesTradingAccumulatedUnrecognizedGain	319000	usd
CY2024Q3	hli	Debt Securities Trading Accumulated Unrecognized Loss DebtSecuritiesTradingAccumulatedUnrecognizedLoss	505000	usd
CY2024Q3	us-gaap	Trading Securities Debt TradingSecuritiesDebt	56829000	usd
CY2024Q1	us-gaap	Trading Securities Debt Amortized Cost TradingSecuritiesDebtAmortizedCost	38920000	usd
CY2024Q1	hli	Debt Securities Trading Accumulated Unrecognized Gain DebtSecuritiesTradingAccumulatedUnrecognizedGain	118000	usd
CY2024Q1	hli	Debt Securities Trading Accumulated Unrecognized Loss DebtSecuritiesTradingAccumulatedUnrecognizedLoss	1033000	usd
CY2024Q1	us-gaap	Trading Securities Debt TradingSecuritiesDebt	38005000	usd
CY2024Q3	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	30473000	usd
CY2024Q3	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Fair Value HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	30427000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount	7592000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Within One Year Fair Value HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue	7566000	usd
CY2024Q3	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	26402000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount	31328000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	30439000	usd
CY2024Q3	us-gaap	Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	57015000	usd
CY2024Q3	us-gaap	Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue	56829000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	38920000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue	38005000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	14899000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	5234000	usd
	hli	Accounts Receivable Allowancefor Credit Loss Writeoffs Net Recovery AccountsReceivableAllowanceforCreditLossWriteoffsNetRecovery	2101000	usd
CY2024Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	18032000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	224049000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	205010000	usd
CY2024Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	75320000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	68309000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	148729000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	136701000	usd
CY2023Q3	us-gaap	Depreciation Depreciation	3727000	usd
	us-gaap	Depreciation Depreciation	10692000	usd
	us-gaap	Depreciation Depreciation	6903000	usd
CY2024Q3	us-gaap	Goodwill Goodwill	1177757000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	1127497000	usd
CY2024Q3	us-gaap	Indefinite Lived Trade Names IndefiniteLivedTradeNames	192210000	usd
CY2024Q1	us-gaap	Indefinite Lived Trade Names IndefiniteLivedTradeNames	192210000	usd
CY2024Q3	us-gaap	Other Finite Lived Intangible Assets Gross OtherFiniteLivedIntangibleAssetsGross	104475000	usd
CY2024Q1	us-gaap	Other Finite Lived Intangible Assets Gross OtherFiniteLivedIntangibleAssetsGross	98897000	usd
CY2024Q3	hli	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	1474442000	usd
CY2024Q1	hli	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	1418604000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	100044000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	93668000	usd
CY2024Q3	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	1374398000	usd
CY2024Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	1324936000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	1127497000	usd
	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	50260000	usd
CY2024Q3	us-gaap	Goodwill Goodwill	1177757000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5608000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6715000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	2254000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1873000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	0	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	0	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	0	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	31361000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-19883000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	28399000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-16909000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-66608000	usd
CY2024Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-38209000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	42539000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26542000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	53473000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	41504000	usd
CY2024Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.313
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.284
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.227
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.244
	hli	Numberof Classesof Common Stock NumberofClassesofCommonStock	2	class_of_stock
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	93549000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	67031000	usd
	us-gaap	Net Income Loss NetIncomeLoss	182489000	usd
	us-gaap	Net Income Loss NetIncomeLoss	128421000	usd
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65822690	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64551353	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	65429115	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	64180642	shares
CY2024Q3	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	2599910	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	3316028	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	3021751	shares
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	3700981	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68422600	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	67867381	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68450866	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	67881623	shares
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.42
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.04
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.79
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.00
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.37
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.99
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.67
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.89
CY2024Q3	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	3361000	usd
CY2023Q3	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	3083000	usd
	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	6406000	usd
	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	6112000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	0	usd
CY2024Q3	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	0	usd
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	21921000	usd
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	7299000	usd
CY2024Q1	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwards	17184000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Offers To Grant In Period SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsOffersToGrantInPeriod	1659000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Share Price Determined Converted To Cash Payments SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsSharePriceDeterminedConvertedToCashPayments	5000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Share Price Determined Converted To Cash Payments SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsSharePriceDeterminedConvertedToCashPayments	5000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Share Price Determined Transferred To Equity Grants SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsSharePriceDeterminedTransferredToEquityGrants	7265000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Forfeited In Period SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsForfeitedInPeriod	317000	usd
CY2024Q3	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwards	11256000	usd
CY2023Q1	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwards	11971000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Offers To Grant In Period SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsOffersToGrantInPeriod	9112000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Share Price Determined Converted To Cash Payments SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsSharePriceDeterminedConvertedToCashPayments	3000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Share Price Determined Transferred To Equity Grants SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsSharePriceDeterminedTransferredToEquityGrants	-6172000	usd
	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards Forfeited In Period SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwardsForfeitedInPeriod	0	usd
CY2023Q3	hli	Sharebased Compensation Arrangement By Share Based Payment Award Liability Classified Share Awards SharebasedCompensationArrangementByShareBasedPaymentAwardLiabilityClassifiedShareAwards	14908000	usd
CY2024Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	45325000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	42740000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	78396000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	82149000	usd
CY2024Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	418918000	usd
CY2023Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	463603000	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y4M24D
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P3Y4M24D
CY2017Q4	hli	Share Based Compensation Arrangement By Sharebased Payment Award Increase Decrease To Numberof Shares Authorized ShareBasedCompensationArrangementBySharebasedPaymentAwardIncreaseDecreaseToNumberofSharesAuthorized	-12200000	shares
CY2017Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	8000000.0	shares
CY2017Q4	hli	Increase Decrease To Number Of Shares Available For Issuance Percent IncreaseDecreaseToNumberOfSharesAvailableForIssuancePercent	0.06
	hli	Numberof Classesof Common Stock NumberofClassesofCommonStock	2	class_of_stock
CY2024Q3	hli	Stockholders Equity Note Transfer Conversion Ratio StockholdersEquityNoteTransferConversionRatio	1
CY2024Q3	hli	Stockholders Equity Note Transfer Conversion Ratio StockholdersEquityNoteTransferConversionRatio	1
CY2024Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	15803000	usd
CY2023Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	17236000	usd
CY2022Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	500000000	usd
CY2024Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	457700000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	17523000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	54348000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	54118000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	53482000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	53581000	usd
CY2024Q3	hli	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	344913000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	577965000	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	146743000	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	431222000	usd
CY2024Q3	hli	Lessee Operating Lease Lease Not Yet Commenced Amount LesseeOperatingLeaseLeaseNotYetCommencedAmount	200000	usd
CY2024Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	11458000	usd
CY2023Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	13385000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	26491000	usd
CY2024Q3	us-gaap	Variable Lease Cost VariableLeaseCost	4589000	usd
CY2023Q3	us-gaap	Variable Lease Cost VariableLeaseCost	5476000	usd
	us-gaap	Variable Lease Cost VariableLeaseCost	9211000	usd
CY2024Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	46000	usd
CY2023Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	62000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	100000	usd
CY2024Q3	us-gaap	Sublease Income SubleaseIncome	919000	usd
CY2023Q3	hli	Sublease Income Net Of Adjustments SubleaseIncomeNetOfAdjustments	-90000	usd
	us-gaap	Sublease Income SubleaseIncome	1344000	usd
CY2024Q3	us-gaap	Lease Cost LeaseCost	15174000	usd
CY2023Q3	us-gaap	Lease Cost LeaseCost	19013000	usd
	us-gaap	Lease Cost LeaseCost	34458000	usd
CY2024Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P11Y
CY2023Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P12Y
CY2024Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.054
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.051
CY2024Q3	us-gaap	Operating Lease Payments OperatingLeasePayments	27567000	usd
CY2023Q3	us-gaap	Operating Lease Payments OperatingLeasePayments	17562000	usd
CY2024Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	27494000	usd
CY2023Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	13735000	usd
CY2024Q3	hli	Change In Operating Lease Right Of Use Asset Due To Remeasurement ChangeInOperatingLeaseRightOfUseAssetDueToRemeasurement	-2073000	usd
CY2023Q3	hli	Change In Operating Lease Right Of Use Asset Due To Remeasurement ChangeInOperatingLeaseRightOfUseAssetDueToRemeasurement	32655000	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	574957000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	466989000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	1088566000	usd
CY2024Q3	us-gaap	Gross Profit GrossProfit	189963000	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	142609000	usd
	us-gaap	Gross Profit GrossProfit	347175000	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	136088000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	93573000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	235962000	usd
CY2024Q3	us-gaap	Assets Assets	3212751000	usd
CY2024Q1	us-gaap	Assets Assets	3170759000	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	136088000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	93573000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	235962000	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	574957000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	466989000	usd
	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	1088566000	usd
CY2024Q3	us-gaap	Assets Assets	3212751000	usd
CY2024Q1	us-gaap	Assets Assets	3170759000	usd
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
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0001302215-24-000110-index.html	Edgar Link	pending
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$HLI
HOULIHAN LOKEY, INC. Stock $hli

2024 Q3 Form 10-Q Financial Statement

#000130221524000110 Filed on November 05, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HLI HOULIHAN LOKEY, INC. Stock $hli

2024 Q3 Form 10-Q Financial Statement

#000130221524000110 Filed on November 05, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$HLI
HOULIHAN LOKEY, INC. Stock $hli