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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
3 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Other Intangibles
The following table provides a reconciliation of Goodwill and other intangibles, net reported on the Consolidated Balance Sheets.
Useful LivesJune 30, 2024March 31, 2024
GoodwillIndefinite$1,175,370 $1,127,497 
Tradename-Houlihan LokeyIndefinite192,210 192,210 
Other intangible assetsVaries103,721 98,897 
Total cost1,471,301 1,418,604 
Less: accumulated amortization(97,224)(93,668)
Goodwill and other intangibles, net$1,374,077 $1,324,936 
Schedule of Goodwill
Goodwill attributable to the Company’s business segments is as follows:
April 1, 2024
Change (1)
June 30, 2024
Corporate Finance$872,967 $47,873 $920,840 
Financial Restructuring162,815 — 162,815 
Financial and Valuation Advisory91,715 — 91,715 
Goodwill$1,127,497 $47,873 $1,175,370 
(1)Changes pertain primarily to the acquisition of Triago Advisors.
Estimated Future Amortization for Amortizable Intangible Assets
The estimated future amortization for finite-lived intangible assets for each of the next five fiscal years and thereafter are as follows:
Year Ending
March 31,
Remainder of 2025$4,321 
20261,873 
2027— 
2028— 
2029 and thereafter—