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GOODWILL AND OTHER INTANGIBLE ASSETS
3 Months Ended
Jun. 30, 2025
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 LivesJune 30, 2025March 31, 2025
GoodwillIndefinite$1,295,128 $1,284,589 
Tradename-Houlihan LokeyIndefinite192,210 192,210 
Other intangible assetsVaries135,056 133,785 
Total cost1,622,394 1,610,584 
Less: accumulated amortization(123,642)(113,325)
Goodwill and other intangibles, net$1,498,752 $1,497,259 

Goodwill attributable to the Company’s business segments is as follows:
April 1, 2025
Change (1)
June 30, 2025
Corporate Finance$1,017,983 $8,783 $1,026,766 
Financial Restructuring162,815 — 162,815 
Financial and Valuation Advisory103,791 1,756 105,547 
Goodwill$1,284,589 $10,539 $1,295,128 
(1)Changes pertain primarily to foreign currency translation adjustments.
Amortization expense of approximately $9,474 and $3,541 was recognized for the three months ended June 30, 2025 and 2024, 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 2026$4,572 
2027884 
2028723 
2029696 
2030 and thereafter4,236