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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 9 Months Ended
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Dec. 31, 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 Lives |  | December 31, 2024 |  | March 31, 2024
Goodwill | Indefinite |  | $ | 1,280,304 |  |  | $ | 1,127,497 |
Tradename-Houlihan Lokey | Indefinite |  | 192,210 |  |  | 192,210 |
Other intangible assets | Varies |  | 133,178 |  |  | 98,897 |
Total cost |  |  | 1,605,692 |  |  | 1,418,604 |
Less: accumulated amortization |  |  | (103,275) |  |  | (93,668) |
Goodwill and other intangibles, net |  |  | $ | 1,502,417 |  |  | $ | 1,324,936 |
Schedule of Goodwill | Goodwill attributable to the Company’s business segments is as follows:
| April 1, 2024 |  | Change |  | December 31, 2024
Corporate Finance (1) | $ | 872,967 |  |  | $ | 141,109 |  |  | $ | 1,014,076 |
Financial Restructuring | 162,815 |  |  | — |  |  | 162,815 |
Financial and Valuation Advisory (2) | 91,715 |  |  | 11,698 |  |  | 103,413 |
Goodwill | $ | 1,127,497 |  |  | $ | 152,807 |  |  | $ | 1,280,304 |
(1)Change pertains primarily to the acquisition of Waller Helms Advisors LLC and Triago. (2)Change pertains to the acquisition of Prytania Solutions Ltd.
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 | $ | 9,504 |
2026 | 13,699 |
2027 | 709 |
2028 | 709 |
2029 and thereafter | 4,978 |

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