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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables)

3 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Revenue, Profit and Assets by Segment

			Three Months Ended June 30,
			2025						2024
Revenues by segment
Corporate Finance			$	398,519					$	328,417
Financial Restructuring			128,216						117,422
Financial and Valuation Advisory			78,614						67,770
Revenues			605,349						513,609
Employee compensation and benefits by segment (1)
Corporate Finance			219,504						181,517
Financial Restructuring			71,719						67,094
Financial and Valuation Advisory			45,934						38,050
Non-compensation expense by segment
Corporate Finance			52,234						46,478
Financial Restructuring			12,853						11,179
Financial and Valuation Advisory			15,351						12,079
Segment profit
Corporate Finance			$	126,781					$	100,422
Financial Restructuring			43,644						39,149
Financial and Valuation Advisory			17,329						17,641
Total segment profit			187,754						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, 2025						March 31, 2025
Assets by segment
Corporate Finance			$	1,308,522					$	1,312,291
Financial Restructuring			174,447						179,498
Financial and Valuation Advisory			206,704						207,162
Total segment assets			1,689,673						1,698,951
Corporate assets			1,828,130						2,120,757
Total assets			$	3,517,803					$	3,819,708

Revenue by Geographic Areas

			Three Months Ended June 30,
			2025						2024
Income before provision for income taxes by geography
United States			$	61,793					$	61,058
International			36,257						38,816
Income before provision for income taxes			$	98,050					$	99,874

			Three Months Ended June 30,
			2025						2024
Revenues by geography
United States			$	422,420					$	366,559
International			182,929						147,050
Revenues			$	605,349					$	513,609

Assets by Geographical Areas

			June 30, 2025						March 31, 2025
Assets by geography
United States			$	2,153,146					$	2,439,032
International			1,364,657						1,380,676
Total assets			$	3,517,803					$	3,819,708

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.

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-SubTopic 10
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-Section 50
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- Definition

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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