Houlihan Lokey, Inc. HLI Income Statement

Houlihan lokey, inc. (HLI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Dec'14	Sep'14
Revenues
1,159,368	1,148,052	1,112,550	1,114,732	1,084,385	1,037,760	998,684	965,875	963,364	975,711	964,454	908,808	872,091	798,587	756,430	728,273	693,765	706,777	657,548	0	0	0
Operating expenses:
Employee compensation and benefits
737,762	741,447	715,520	716,203	692,073	657,201	644,329	630,303	636,631	651,679	642,342	605,949	582,244	532,360	503,370	489,724	461,609	479,663	453,094	0	0	0
Travel, meals, and entertainment
41,945	42,933	42,981	42,892	42,862	39,193	34,236	30,354	26,445	25,721	22,469	21,455	21,707	19,985	21,902	22,016	20,955	21,923	18,959	0	0	0
Rent
44,693	44,514	44,970	40,485	38,672	35,864	33,036	29,558	28,560	27,654	27,507	27,250	27,094	27,834	27,843	27,338	26,459	25,483	24,595	0	0	0
Depreciation and amortization
17,291	15,946	15,245	14,970	14,475	12,594	10,930	9,399	7,905	8,075	8,381	8,588	8,853	9,331	8,975	8,306	7,499	6,456	5,941	0	0	0
Information technology and communications
26,904	24,916	23,466	21,247	21,512	20,888	19,537	19,794	18,481	17,812	18,019	17,518	17,628	17,969	17,994	16,904	16,017	15,468	14,125	0	0	0
Professional fees
21,704	21,381	21,264	21,214	23,035	25,023	23,420	21,007	17,117	15,101	13,400	13,103	13,073	10,113	10,159	15,454	20,687	20,427	18,763	0	0	0
Other operating expenses
39,468	35,253	33,215	30,810	32,659	28,722	22,679	17,792	13,812	20,095	19,424	19,677	19,497	14,646	13,443	14,717	14,139	12,750	12,826	0	0	0
Provision for bad debts
-	-	-	-	-	-	-	-	-	-	-	-	-	2,729	2,261	871	-	3,091	4,028	0	0	0
Operating Expenses
929,767	926,390	896,661	887,821	865,288	819,485	788,167	758,207	748,951	763,693	750,098	712,801	690,096	632,429	603,409	592,792	567,365	585,261	552,331	0	0	0
Operating income
229,601	221,662	215,889	226,911	219,097	218,275	210,517	207,668	214,413	212,018	214,356	196,007	181,995	166,158	153,021	135,481	126,400	121,516	105,217	0	0	0
Nonoperating Income (Expense)
-	0	0	-	5,223	4,386	4,330	3,523	3,423	1,571	-145	-1,094	-3,508	-3,405	-3,415	-2,999	-770	1,163	3,201	0	0	0
Income (loss) from investments in unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
235,647	227,207	221,083	232,011	224,320	222,661	214,847	211,191	217,836	213,589	214,211	194,913	178,487	162,753	149,606	132,482	125,630	122,856	108,743	0	0	0
Provision for income taxes
51,854	57,079	55,892	59,811	65,214	70,804	45,364	48,470	45,553	45,329	73,554	66,737	70,144	65,706	63,878	58,375	55,863	51,684	43,620	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
183,793	170,128	165,191	172,200	159,106	151,857	169,483	162,721	172,283	168,260	140,657	128,176	108,343	97,047	85,728	74,107	69,767	71,172	65,123	0	0	0
Net income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	51	72	0	0	0
Net income attributable to Houlihan Lokey, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,741	71,121	65,051	0	0	0
Other comprehensive income, net of tax:
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax, Portion Attributable to Parent
-	0	0	-	-16,338	-19,710	-16,070	-9,683	7,961	13,702	6,633	1,623	-7,304	-16,364	-8,172	-7,548	-3,275	-513	-3,965	0	0	0
Comprehensive income
170,979	173,805	151,720	164,474	142,768	132,147	153,413	153,038	180,244	181,962	147,290	129,799	101,039	80,683	77,556	66,559	66,466	70,608	61,086	0	0	0
Weighted average shares of common stock outstanding:
Basic (in shares)
62,449	62,014	62,477	61,670	61,637	61,972	62,258	62,985	62,962	62,552	62,117	62,343	61,596	61,104	61,134	60,565	59,355	59,410	58,989	58,423	57,318	57,307
Diluted (in shares)
65,586	65,608	66,086	65,621	65,425	65,758	66,045	66,154	65,895	66,122	66,907	66,370	66,461	66,692	66,816	66,345	65,336	65,405	62,696	60,464	60,314	60,350
Earnings per share (Note 13)
Basic (in usd per share)
0.95	0.79	0.53	0.69	0.74	0.71	0.64	0.47	0.61	0.98	0.54	0.63	0.55	0.56	0.34	0.32	0.38	0.38	0.16	0.26	0.42	0.29
Diluted (in usd per share)
0.90	0.75	0.50	0.65	0.69	0.67	0.61	0.45	0.58	0.93	0.50	0.59	0.52	0.51	0.31	0.29	0.35	0.35	0.15	0.25	0.40	0.27