Business Context and Reporting Period
This Form 8-K is a current report filed by Houlihan Lokey, Inc. on October 21, 2016. The filing documents the results of the Company's annual meeting of stockholders held on that date. The report covers the election of directors and the ratification of the independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural report regarding corporate governance and does not contain financial performance data.
Material Changes
No material financial changes are reported in this filing. The document details the outcome of shareholder votes rather than operational or financial shifts.
Corporate Governance and Voting Results
Stockholders voted on two primary proposals at the annual meeting:
- Proposal 1: Election of Class I Directors
- Scott L. Beiser: 550,136,319 votes for; 6,674,424 votes withheld.
- Jacqueline B. Kosecoff: 554,655,602 votes for; 2,155,141 votes withheld.
- Robert J.B. Lenhardt: 552,460,892 votes for; 4,349,851 votes withheld.
- All three nominees were elected to serve until the 2019 annual meeting.
- Proposal 2: Ratification of Independent Auditor
- KPMG, LLP was ratified as the independent registered public accounting firm for the fiscal year ending March 31, 2017.
- Votes For: 557,561,218
- Votes Against: 28,116
- Abstentions: 8,383
Investor Verification Checklist
- Verify the tenure of the newly elected Class I directors (Scott L. Beiser, Jacqueline B. Kosecoff, and Robert J.B. Lenhardt) through the 2019 annual meeting.
- Confirm that KPMG, LLP is the appointed auditor for the fiscal year ending March 31, 2017.
- Note that this filing contains no financial data; refer to the most recent 10-K or 10-Q for financial performance metrics.