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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

The following table provides a reconciliation of Goodwill and other intangibles, net reported on the Consolidated Balance Sheets.

			Useful Lives						March 31, 2021						March 31, 2020
Goodwill			Indefinite						$	671,065					$	618,455
Tradename-Houlihan Lokey			Indefinite						192,210						192,210
Other intangible assets			Varies						6,809						10,732
Total cost									870,084						821,397
Less: accumulated amortization									(3,863)						(8,553)
Goodwill and other intangibles, net									$	866,221					$	812,844

Schedule of Goodwill by Business Segment

Goodwill attributable to the Company’s business segments is as follows:

			April 1, 2020						Change (1)						March 31, 2021
Corporate Finance			$	363,925					$	52,610					$	416,535
Financial Restructuring			162,815						—						162,815
Financial and Valuation Advisory			91,715						—						91,715
Goodwill			$	618,455					$	52,610					$	671,065

(1)Changes pertain to the acquisitions discussed in Note 1 and foreign currency translation adjustments.

Finite-lived Intangible Assets Amortization Expense

The estimated future amortization for finite-lived intangible assets for each of the next five years are as follows:

			Year Ended March 31,
2022			$	2,207
2023			325
2024			7
2025			7
2026			7

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