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GOODWILL AND OTHER INTANGIBLE ASSETS | 6 Months Ended
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Sep. 30, 2024
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 Lives |  | September 30, 2024 |  | March 31, 2024
Goodwill | Indefinite |  | $ | 1,177,757 |  |  | $ | 1,127,497 |
Tradename-Houlihan Lokey | Indefinite |  | 192,210 |  |  | 192,210 |
Other intangible assets | Varies |  | 104,475 |  |  | 98,897 |
Total cost |  |  | 1,474,442 |  |  | 1,418,604 |
Less: accumulated amortization |  |  | (100,044) |  |  | (93,668) |
Goodwill and other intangibles, net |  |  | $ | 1,374,398 |  |  | $ | 1,324,936 |
Goodwill attributable to the Company’s business segments is as follows:
| April 1, 2024 |  | Change (1) |  | September 30, 2024
Corporate Finance | $ | 872,967 |  |  | $ | 50,260 |  |  | $ | 923,227 |
Financial Restructuring | 162,815 |  |  | — |  |  | 162,815 |
Financial and Valuation Advisory | 91,715 |  |  | — |  |  | 91,715 |
Goodwill | $ | 1,127,497 |  |  | $ | 50,260 |  |  | $ | 1,177,757 |
(1)Changes pertain primarily to the acquisition of Triago Advisors. Amortization expense of approximately $2,067 and $3,360 was recognized for the three months ended September 30, 2024 and 2023, respectively, and $5,608 and $6,715 for the six months ended September 30, 2024 and 2023, respectively. 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 | $ | 2,254 |
2026 | 1,873 |
2027 | — |
2028 | — |
2029 and thereafter | — |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350/tableOfContent + Details
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