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SEGMENT AND GEOGRAPHICAL INFORMATION
9 Months Ended
Dec. 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.    
Three Months Ended December 31,Nine Months Ended December 31,
2022202120222021
Revenues by segment
Corporate Finance$291,734 $715,663 $870,701 $1,314,064 
Financial Restructuring98,819 89,273 275,351 271,232 
Financial and Valuation Advisory65,946 83,862 218,628 213,496 
Revenues$456,499 $888,798 $1,364,680 $1,798,792 
Segment profit (1)
Corporate Finance$83,753 $277,546 $269,112 $513,880 
Financial Restructuring40,244 15,310 84,503 61,485 
Financial and Valuation Advisory12,357 28,127 57,560 68,703 
Total segment profit136,354 320,983 411,175 644,068 
Corporate expenses (2)
52,181 71,723 160,061 129,813 
Other expense, net563 253 7,416 1,005 
Income before provision for income taxes$83,610 $249,007 $243,698 $513,250 
(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.
December 31, 2022March 31, 2022
Assets by segment
Corporate Finance$1,005,515 $994,623 
Financial Restructuring174,308 178,148 
Financial and Valuation Advisory172,154 155,853 
Total segment assets1,351,977 1,328,624 
Corporate assets1,319,665 1,558,186 
Total assets$2,671,642 $2,886,810 

Three Months Ended December 31,Nine Months Ended December 31,
2022202120222021
Income before provision for income taxes by geography
United States$55,576 $196,322 $169,599 $407,563 
International28,034 52,685 74,099 105,687 
Income before provision for income taxes$83,610 $249,007 $243,698 $513,250 
Three Months Ended December 31,Nine Months Ended December 31,
2022202120222021
Revenues by geography
United States$322,535 $646,301 $1,003,592 $1,390,754 
International133,964 242,497 361,088 408,038 
Revenues$456,499 $888,798 $1,364,680 $1,798,792 

December 31, 2022March 31, 2022
Assets by geography
United States$1,768,439 $2,032,390 
International903,203854,420
Total assets$2,671,642 $2,886,810