v3.26.1
Condensed Consolidated Statements of Stockholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Non-Controlling Interests in Consolidated Funds and Partnerships
Noncontrolling Interests
Non-Controlling Interests in Hamilton Lane Advisors, L.L.C.
Noncontrolling Interests
Beginning 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 77,070             53,745 1,604 21,721
Other comprehensive income 367           281     86
Equity-based compensation 12,799         9,804       2,995
Purchase and retirement of Class A stock for tax withholding (7)         (5)       (2)
Dividends declared (22,342)             (22,342)    
Capital (distributions to) contributions from non-controlling interests, net 15,506               15,506  
Member distributions (13,058)                 (13,058)
Employee Share Purchase Plan share issuance (in shares)       1,000            
Employee Share Purchase Plan share issuance 816         624       191
Equity reallocation between controlling and non-controlling interests 0         (588)       588
Ending balance at Jun. 30, 2025 995,046     $ 44 12 271,691 140 486,914 46,993 189,252
Beginning balance at Mar. 31, 2026 1,466,539     $ 44 12 299,313 1,170 614,693 330,893 220,414
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 124,884             80,461 13,635 30,788
Other comprehensive income (1,106)           (532)   (416) (158)
Equity-based compensation 12,907         9,964       2,943
Customer incentive warrant 281         217       64
Purchase and retirement of Class A stock for tax withholding (624)         (482)       (142)
Dividends declared (24,692)             (24,692)    
Capital (distributions to) contributions from non-controlling interests, net 181,206               181,206  
Member distributions (18,093)                 (18,093)
Employee Share Purchase Plan share issuance 819         632       187
Shares repurchased and retired (in shares)   (558,591) (1,000)            
Shares repurchased and retired (50,000)         (38,600)       (11,399)
Equity reallocation between controlling and non-controlling interests 0         (2,914)       2,914
Ending balance at Jun. 30, 2026 $ 1,692,121     $ 43 $ 12 $ 268,130 $ 638 $ 670,462 $ 525,318 $ 227,518