XML 52 R37.htm IDEA: XBRL DOCUMENT v3.25.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 12 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following table provides a reconciliation of Goodwill and other intangible assets, net reported on the Consolidated Balance Sheets.
Useful LivesMarch 31, 2025March 31, 2024
GoodwillIndefinite$1,284,589 $1,127,497 
Tradename-Houlihan LokeyIndefinite192,210 192,210 
Other intangible assetsVaries133,785 98,897 
Total cost1,610,584 1,418,604 
Less: accumulated amortization(113,325)(93,668)
Goodwill and other intangible assets, net$1,497,259 $1,324,936 
Finite-lived Intangible Assets Amortization Expense
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,
2026$13,990 
2027834 
2028682 
2029657 
2030 and thereafter3,993 
Schedule of Goodwill by Business Segment
Goodwill attributable to the Company’s business segments is as follows:
April 1, 2024ChangeMarch 31, 2025
Corporate Finance (1)
$872,967 $145,016 $1,017,983 
Financial Restructuring162,815 — 162,815 
Financial and Valuation Advisory (2)
91,715 12,076 103,791 
Goodwill$1,127,497 $157,092 $1,284,589 
(1)Change pertains primarily to the acquisition of Waller Helms Advisors LLC and Triago.