v3.26.1
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid in Capital
Accumulated Other Comprehensive Income
Retained Earnings
Consolidated Funds and Partnerships
Noncontrolling Interests
Hamilton Lane Advisors, L.L.C.
Noncontrolling Interests
Beginning balance at Mar. 31, 2023 $ 574,192 $ 39 $ 15 $ 171,567 $ 0 $ 243,823 $ 23,046 $ 135,702
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 227,207         140,858 5,514 80,835
Other comprehensive (loss) income 0              
Equity-based compensation 12,133     8,533       3,600
Purchase and retirement of Class A stock for tax withholding (3,507)     (2,491)       (1,016)
Deferred tax adjustment 7,147     7,147        
Dividends declared (67,985)         (67,985)    
Capital (distributions to) contributions from non-controlling interests, net 143,556           143,556  
Member distributions (51,965)             (51,965)
Secondary Offering 0 2 (1) 17,541       (17,542)
Employee Share Purchase Plan share issuance 2,253     1,585       668
Deconsolidation of consolidated fund (167,073)           (167,073)  
Equity reallocation between controlling and non-controlling interests 0     4,520       (4,520)
Ending balance at Mar. 31, 2024 675,958 41 14 208,402 0 316,696 5,043 145,762
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 313,768         217,417 3,508 92,843
Other comprehensive (loss) income (184)       (141)     (43)
Equity-based compensation 31,407     23,303       8,104
Purchase and retirement of Class A stock for tax withholding (5,468)     (4,096)       (1,372)
Deferred tax adjustment 9,689     9,689        
Dividends declared (78,602)         (78,602)    
Capital (distributions to) contributions from non-controlling interests, net 21,332           21,332  
Member distributions (46,798)             (46,798)
Secondary Offering (4) 2 (2) 21,356       (21,360)
Employee Share Purchase Plan share issuance 2,797     2,071       726
Equity reallocation between controlling and non-controlling interests 0     1,131       (1,131)
Ending balance at Mar. 31, 2025 923,895 43 12 261,856 (141) 455,511 29,883 176,731
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 387,720         249,180 44,166 94,374
Other comprehensive (loss) income 1,741       1,311   33 397
Equity-based compensation 50,867     39,168       11,699
Private placement warrant 8,649     6,686       1,963
Purchase and retirement of Class A stock for tax withholding (4,613)     (3,562)       (1,051)
Deferred tax adjustment 2,710     2,710        
Dividends declared (89,998)         (89,998)    
Capital (distributions to) contributions from non-controlling interests, net 288,028           288,028  
Member distributions (54,381)             (54,381)
Secondary Offering 0     5,663       (5,663)
Employee Share Purchase Plan share issuance 3,124 1   2,404       719
Deconsolidation of consolidated fund (31,217)           (31,217)  
Shares repurchased and retired (19,986)     (15,449)       (4,537)
Equity reallocation between controlling and non-controlling interests 0     (163)       163
Ending balance at Mar. 31, 2026 $ 1,466,539 $ 44 $ 12 $ 299,313 $ 1,170 $ 614,693 $ 330,893 $ 220,414