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SEGMENT AND GEOGRAPHICAL INFORMATION
 12 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHICAL INFORMATION Segment and Geographical Information
The Company’s reportable segments are described in Note 1 and each are individually managed and provide separate services that require specialized expertise for the provision of those services. Revenues by segment represent fees earned on the various services offered within each segment. Segment profit consists of segment revenues, less (1) direct expenses including compensation, travel, meals and entertainment, professional fees, and bad debt and (2) expenses allocated by headcount such as communications, rent, depreciation and amortization, and office expense. The corporate expense category includes costs not allocated to individual segments, including charges related to incentive compensation and share-based payments to corporate employees, as well as expenses of senior management and corporate departmental functions managed on a worldwide basis, including office of the executives, accounting, human capital, marketing, information technology, and compliance and legal. The following tables present information about revenues, profit and assets by segment and geography.
Year Ended March 31,
202220212020
Revenues by segment:
Corporate Finance$1,593,083 $802,853 $646,788 
Financial Restructuring392,818 534,747 352,517 
Financial and Valuation Advisory284,057 187,852 160,063 
Revenues$2,269,958 $1,525,452 $1,159,368 
Segment profit (1)
Corporate Finance$606,268 $250,513 $179,660 
Financial Restructuring100,882 224,215 107,714 
Financial and Valuation Advisory88,136 46,642 35,172 
Total segment profit795,286 521,370 322,546 
Corporate expenses (2)
182,422 113,213 92,945 
Other (income)/expense, net8,926 (1,071)(6,046)
Income before provision for income taxes$603,938 $409,228 $235,647 
(1)We adjust the compensation expense for a business segment in situations where an employee residing in one business segment is performing work in another business segment where the revenues are accrued. Segment profit may vary significantly between periods depending on the levels of collaboration among the different segments.
(2)Corporate expenses represent expenses that are not allocated to individual business segments such as office of the executives, accounting, information technology, compliance, legal, marketing, and human capital.
March 31, 2022March 31, 2021March 31, 2020
Assets by segment
Corporate Finance$994,623 $575,241 $403,147 
Financial Restructuring178,148 181,239 186,418 
Financial and Valuation Advisory155,853 136,761 127,440 
Total segment assets1,328,624 893,241 717,005 
Corporate assets1,558,186 1,532,826 959,998 
Total assets$2,886,810 $2,426,067 $1,677,003 
Year Ended March 31,
202220212020
Income before provision for income taxes by geography
United States$424,358 $321,639 $184,883 
International179,580 87,589 50,764 
Income before provision for income taxes$603,938 $409,228 $235,647 
Year Ended March 31,
202220212020
Revenues by geography:
United States$1,690,708 $1,192,720 $975,075 
International579,250 332,732 184,293 
Revenues$2,269,958 $1,525,452 $1,159,368 

March 31, 2022March 31, 2021March 31, 2020
Assets by geography
United States$2,032,390 $1,837,332 $1,135,871 
International854,420 588,735 541,132 
Total assets$2,886,810 $2,426,067 $1,677,003