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SEGMENT AND GEOGRAPHICAL INFORMATION
 3 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENT AND GEOGRAPHICAL INFORMATION Segment and Geographical Information
The Company’s reportable segments, described in Note 1, were identified based on several primary factors, including: each segment operates under independent management, offers distinct services, and requires specialized expertise for service delivery. Revenues by segment represent fees earned on the various services offered within each segment. Our operating expenses are classified as employee compensation and benefits expense and non-compensation expense; revenue and headcount are the primary drivers of our operating expenses. Our employee compensation and benefits expense consists of base salary, payroll taxes, benefits, annual incentive compensation payable as cash bonus awards, deferred cash bonus awards, and the amortization of equity-based bonus awards. The balance of our operating expenses (non-compensation expense) includes costs for travel, meals and entertainment, rent, depreciation and amortization, information technology and communications, professional fees, and other operating expenses. Segment profit consists of segment revenues, less (1) direct expenses including employee compensation and benefits, travel, meals and entertainment, professional fees, and bad debt and (2) expenses allocated by headcount such as communications, rent, depreciation and amortization, and office expense. The corporate expense category includes costs not allocated to individual segments, including charges related to incentive compensation, revaluation of acquisition contingent consideration, and share-based payments to corporate employees, as well as expenses of senior management and corporate departmental functions managed on a worldwide basis, including office of the executives, accounting, human capital, marketing, information technology, and legal and compliance. 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.
Three Months Ended June 30,
20252024
Revenues by segment
Corporate Finance$398,519 $328,417 
Financial Restructuring128,216 117,422 
Financial and Valuation Advisory78,614 67,770 
Revenues605,349 513,609 
Employee compensation and benefits by segment (1)
Corporate Finance219,504 181,517 
Financial Restructuring71,719 67,094 
Financial and Valuation Advisory45,934 38,050 
Non-compensation expense by segment
Corporate Finance52,234 46,478 
Financial Restructuring12,853 11,179 
Financial and Valuation Advisory15,351 12,079 
Segment profit
Corporate Finance$126,781 $100,422 
Financial Restructuring43,644 39,149 
Financial and Valuation Advisory17,329 17,641 
Total segment profit187,754 157,212 
Corporate expenses (2)
97,954 62,472 
Other income, net(8,250)(5,134)
Income before provision for income taxes$98,050 $99,874 
(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 office of the executives, accounting, information technology, legal and compliance, marketing, and human capital.

June 30, 2025March 31, 2025
Assets by segment
Corporate Finance$1,308,522 $1,312,291 
Financial Restructuring174,447 179,498 
Financial and Valuation Advisory206,704 207,162 
Total segment assets1,689,673 1,698,951 
Corporate assets1,828,130 2,120,757 
Total assets$3,517,803 $3,819,708 

Three Months Ended June 30,
20252024
Income before provision for income taxes by geography
United States$61,793 $61,058 
International36,257 38,816 
Income before provision for income taxes$98,050 $99,874 

Three Months Ended June 30,
20252024
Revenues by geography
United States$422,420 $366,559 
International182,929 147,050 
Revenues$605,349 $513,609 

June 30, 2025March 31, 2025
Assets by geography
United States$2,153,146 $2,439,032 
International1,364,6571,380,676
Total assets$3,517,803 $3,819,708