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SEGMENT AND GEOGRAPHICAL INFORMATION (Tables) | 6 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Revenue, Profit and Assets by Segment |
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Revenues by segment |  |  |  |  |  |  |
Corporate Finance | $ | 438,661 |  |  | $ | 364,028 |  |  | $ | 837,180 |  |  | $ | 692,445 |
Financial Restructuring | 133,803 |  |  | 131,568 |  |  | 262,019 |  |  | 248,990 |
Financial and Valuation Advisory | 86,988 |  |  | 79,361 |  |  | 165,602 |  |  | 147,131 |
Revenues | 659,452 |  |  | 574,957 |  |  | 1,264,801 |  |  | 1,088,566 |
Employee compensation and benefits by segment (1) |  |  |  |  |  |  |
Corporate Finance | 246,502 |  |  | 214,257 |  |  | 466,006 |  |  | 395,774 |
Financial Restructuring | 72,913 |  |  | 59,350 |  |  | 144,632 |  |  | 126,444 |
Financial and Valuation Advisory | 46,759 |  |  | 47,316 |  |  | 92,693 |  |  | 85,366 |
Non-compensation expense by segment |  |  |  |  |  |  |
Corporate Finance | 44,829 |  |  | 40,116 |  |  | 97,063 |  |  | 86,594 |
Financial Restructuring | 10,790 |  |  | 11,299 |  |  | 23,643 |  |  | 22,478 |
Financial and Valuation Advisory | 14,820 |  |  | 12,656 |  |  | 30,171 |  |  | 24,735 |
Segment profit |  |  |  |  |  |  |
Corporate Finance | 147,330 |  |  | 109,655 |  |  | 274,111 |  |  | 210,077 |
Financial Restructuring | 50,100 |  |  | 60,919 |  |  | 93,744 |  |  | 100,068 |
Financial and Valuation Advisory | 25,409 |  |  | 19,389 |  |  | 42,738 |  |  | 37,030 |
Total segment profit | 222,839 |  |  | 189,963 |  |  | 410,593 |  |  | 347,175 |
Corporate expenses (2) | 71,498 |  |  | 59,294 |  |  | 169,452 |  |  | 121,766 |
Other (income) expense, net | (8,712) |  |  | (5,419) |  |  | (16,962) |  |  | (10,553) |
Income before provision for income taxes | $ | 160,053 |  |  | $ | 136,088 |  |  | $ | 258,103 |  |  | $ | 235,962 |
(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 include costs not allocated to individual segments, including certain acquisition related charges 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.
| September 30, 2025 |  | March 31, 2025
Assets by segment |  |  |
Corporate Finance | $ | 1,322,976 |  |  | $ | 1,312,291 |
Financial Restructuring | 186,851 |  |  | 179,498 |
Financial and Valuation Advisory | 221,390 |  |  | 207,162 |
Total segment assets | 1,731,217 |  |  | 1,698,951 |
Corporate assets | 2,062,148 |  |  | 2,120,757 |
Total assets | $ | 3,793,365 |  |  | $ | 3,819,708 |
Revenue by Geographic Areas |
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Income before provision for income taxes by geography |  |  |  |  |  |  |
United States | $ | 98,599 |  |  | $ | 90,506 |  |  | $ | 160,392 |  |  | $ | 151,564 |
International | 61,454 |  |  | 45,582 |  |  | 97,711 |  |  | 84,398 |
Income before provision for income taxes | $ | 160,053 |  |  | $ | 136,088 |  |  | $ | 258,103 |  |  | $ | 235,962 |
| Three Months Ended September 30, |  | Six Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Revenues by geography |  |  |  |  |  |  |
United States | $ | 435,658 |  |  | $ | 435,322 |  |  | $ | 858,078 |  |  | $ | 801,881 |
International | 223,794 |  |  | 139,635 |  |  | 406,723 |  |  | 286,685 |
Revenues | $ | 659,452 |  |  | $ | 574,957 |  |  | $ | 1,264,801 |  |  | $ | 1,088,566 |
Assets by Geographical Areas |
| September 30, 2025 |  | March 31, 2025
Assets by geography |  |  |
United States | $ | 2,323,008 |  |  | $ | 2,439,032 |
International | 1,470,357 |  | 1,380,676
Total assets | $ | 3,793,365 |  |  | $ | 3,819,708 |

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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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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