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GOODWILL AND OTHER INTANGIBLE ASSETS
 3 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill and Other Intangible Assets
The following table provides a reconciliation of Goodwill and other intangibles, net reported on the Consolidated Balance Sheets.
Useful LivesJune 30, 2022March 31, 2022
GoodwillIndefinite$1,062,408 $1,070,442 
Tradename-Houlihan LokeyIndefinite192,210 192,210 
Other intangible assetsVaries92,135 92,941 
Total cost1,346,753 1,355,593 
Less: accumulated amortization(53,401)(37,818)
Goodwill and other intangibles, net$1,293,352 $1,317,775 
Goodwill attributable to the Company’s business segments is as follows:
April 1, 2022
Change (1)
June 30, 2022
Corporate Finance$815,912 $(8,034)$807,878 
Financial Restructuring162,815 — 162,815 
Financial and Valuation Advisory91,715 — 91,715 
Goodwill$1,070,442 $(8,034)$1,062,408 
(1)Changes pertain to foreign currency translation adjustments.

Amortization expense of approximately $15,765 and $1,064 was recognized for the three months ended June 30, 2022 and 2021, respectively.

The estimated future amortization for finite-lived intangible assets for each of the next five years and thereafter are as follows:
Year Ended March 31,
Remainder of 2023$29,007 
20247,722 
20251,693 
20267 
2027 and thereafter1