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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

12 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Revenue, Profit and Assets by Segment

The following tables present information about revenues, profit and assets by segment and geography. The Company's CODM is its Chief Executive Officer. The CODM oversees the performance of the Company's three reportable segments by analyzing their financial metrics, including revenues by segment and segment profit. The financial metrics the CODM regularly receives does not include asset information and does not use segment asset information to assess performance or allocate resources. Comparable prior year information has been recast to reflect the additional disclosure of employee compensation and benefits by segment and non-compensation expense by segment.

			Year Ended March 31,
			2025						2024						2023
Revenues by segment
Corporate Finance			$	1,526,756					$	1,106,826					$	1,127,126
Financial Restructuring			544,478						521,984						395,733
Financial and Valuation Advisory			318,182						285,594						286,588
Revenues			2,389,416						1,914,404						1,809,447
Employee compensation and benefits by segment (1)
Corporate Finance			871,313						638,072						623,884
Financial Restructuring			289,979						282,431						238,032
Financial and Valuation Advisory			175,412						155,502						159,254
Non-compensation expense by segment
Corporate Finance			181,020						166,221						149,167
Financial Restructuring			45,193						45,437						36,083
Financial and Valuation Advisory			54,187						55,670						45,946
Segment profit
Corporate Finance			474,423						302,533						354,075
Financial Restructuring			209,306						194,116						121,618
Financial and Valuation Advisory			88,583						74,422						81,388
Total segment profit			772,312						571,071						557,081
Corporate expenses (2)			270,768						208,210						215,343
Operating income			501,544						362,861						341,738
Other (income)/expense, net			(29,791)						(27,678)						17,738
Income before provision for income taxes			$	531,335					$	390,539					$	324,000

(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 those related to executive management, accounting, information technology, legal and compliance, marketing, and human capital.

			March 31, 2025						March 31, 2024
Assets by segment
Corporate Finance			$	1,312,291					$	1,147,432
Financial Restructuring			179,498						192,185
Financial and Valuation Advisory			207,162						170,627
Total segment assets			1,698,951						1,510,244
Corporate assets			2,120,757						1,660,515
Total assets			$	3,819,708					$	3,170,759

Revenue and Income Before Provision for Income Taxes by Geographic Areas

			Year Ended March 31,
			2025						2024						2023
Income before provision for income taxes by geography
United States			$	356,072					$	256,472					$	222,923
International			175,263						134,067						101,077
Income before provision for income taxes			$	531,335					$	390,539					$	324,000

			Year Ended March 31,
			2025						2024						2023
Revenues by geography:
United States			$	1,702,163					$	1,344,305					$	1,289,365
International			687,253						570,099						520,082
Revenues			$	2,389,416					$	1,914,404					$	1,809,447

Assets by Geographic Areas

			March 31, 2025						March 31, 2024
Assets by geography
United States			$	2,439,032					$	1,957,454
International			1,380,676						1,213,305
Total assets			$	3,819,708					$	3,170,759

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

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-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
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Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

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-Topic 280
-SubTopic 10
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-Section 50
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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