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SEGMENT AND GEOGRAPHICAL INFORMATION
6 Months Ended
Sep. 30, 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.    
Three Months Ended September 30,Six Months Ended September 30,
2022202120222021
Revenues by segment
Corporate Finance$315,016 $388,410 $578,967 $598,401 
Financial Restructuring97,694 83,184 176,532 181,959 
Financial and Valuation Advisory76,827 65,678 152,682 129,634 
Revenues$489,537 $537,272 $908,181 $909,994 
Segment profit (1)
Corporate Finance$93,794 $151,185 $185,359 $236,334 
Financial Restructuring17,563 20,082 44,259 46,175 
Financial and Valuation Advisory26,169 18,367 45,203 40,576 
Total segment profit137,526 189,634 274,821 323,085 
Corporate expenses (2)
48,155 32,315 107,880 58,090 
Other expense, net5,104 853 6,853 752 
Income before provision for income taxes$84,267 $156,466 $160,088 $264,243 
(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.
September 30, 2022March 31, 2022
Assets by segment
Corporate Finance$996,898 $994,623 
Financial Restructuring171,669 178,148 
Financial and Valuation Advisory174,016 155,853 
Total segment assets1,342,583 1,328,624 
Corporate assets1,167,616 1,558,186 
Total assets$2,510,199 $2,886,810 

Three Months Ended September 30,Six Months Ended September 30,
2022202120222021
Income before provision for income taxes by geography
United States$63,771 $124,644 $114,023 $211,241 
International20,496 31,822 46,065 53,002 
Income before provision for income taxes$84,267 $156,466 $160,088 $264,243 
Three Months Ended September 30,Six Months Ended September 30,
2022202120222021
Revenues by geography
United States$377,608 $432,726 $681,057 $744,453 
International111,929 104,546 227,124 165,541 
Revenues$489,537 $537,272 $908,181 $909,994 

September 30, 2022March 31, 2022
Assets by geography
United States$1,713,187 $2,032,390 
International797,012854,420
Total assets$2,510,199 $2,886,810