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GOODWILL AND OTHER INTANGIBLE ASSETS | 6 Months Ended
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Sep. 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 intangible assets, net reported on the Consolidated Balance Sheets.
| Useful Lives |  | September 30, 2025 |  | March 31, 2025
Goodwill | Indefinite |  | $ | 1,292,121 |  |  | $ | 1,284,589 |
Tradename-Houlihan Lokey | Indefinite |  | 192,210 |  |  | 192,210 |
Other intangible assets | Varies |  | 134,589 |  |  | 133,785 |
Total cost |  |  | 1,618,920 |  |  | 1,610,584 |
Less: accumulated amortization |  |  | (125,918) |  |  | (113,325) |
Goodwill and Other intangible assets, net |  |  | $ | 1,493,002 |  |  | $ | 1,497,259 |
The following table provides a reconciliation of goodwill attributable to the Company’s business segments:
| April 1, 2025 |  | Change (1) |  | September 30, 2025
Corporate Finance | $ | 1,017,983 |  |  | $ | 6,066 |  |  | $ | 1,024,049 |
Financial Restructuring | 162,815 |  |  | — |  |  | 162,815 |
Financial and Valuation Advisory | 103,791 |  |  | 1,466 |  |  | 105,257 |
Goodwill | $ | 1,284,589 |  |  | $ | 7,532 |  |  | $ | 1,292,121 |
(1)Changes pertain primarily to foreign currency translation adjustments. Amortization expense of approximately $2,590 and $2,067 was recognized for the three months ended September 30, 2025 and 2024, respectively, and $12,064 and $5,608 was recognized for the six months ended September 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 | $ | 1,965 |
2027 | 866 |
2028 | 708 |
2029 | 682 |
2030 and thereafter | 4,147 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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