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SEGMENT AND GEOGRAPHICAL INFORMATION
 9 Months Ended
Dec. 31, 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 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. The following tables present information about revenues, profit and assets by segment and geography. The Company's Chief Operating Decision Maker ("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 December 31,Nine Months Ended December 31,
2025202420252024
Revenues by segment
Corporate Finance$473,688 $421,602 $1,310,868 $1,114,047 
Financial Restructuring156,253 130,942 418,272 379,932 
Financial and Valuation Advisory87,131 81,884 252,733 229,015 
Revenues717,072 634,428 1,981,873 1,722,994 
Employee compensation and benefits by segment (1)
Corporate Finance271,882 239,699 737,888 635,473 
Financial Restructuring84,291 74,320 228,923 200,764 
Financial and Valuation Advisory48,525 42,561 141,218 127,927 
Non-compensation expense by segment
Corporate Finance51,078 50,351 148,141 136,945 
Financial Restructuring14,398 12,410 38,041 34,888 
Financial and Valuation Advisory16,186 15,986 46,357 40,721 
Segment profit
Corporate Finance150,728 131,552 424,839 341,629 
Financial Restructuring57,564 44,212 151,308 144,280 
Financial and Valuation Advisory22,420 23,337 65,158 60,367 
Total segment profit230,712 199,101 641,305 546,276 
Corporate expenses (2)
69,982 62,999 239,434 184,765 
Other (income) expense, net(8,918)(9,016)(25,880)(19,569)
Income before provision for income taxes$169,648 $145,118 $427,751 $381,080 
(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.

December 31, 2025March 31, 2025
Assets by segment
Corporate Finance$1,324,381 $1,312,291 
Financial Restructuring186,832 179,498 
Financial and Valuation Advisory220,915 207,162 
Total segment assets1,732,128 1,698,951 
Corporate assets2,204,627 2,120,757 
Total assets$3,936,755 $3,819,708 
Three Months Ended December 31,Nine Months Ended December 31,
2025202420252024
Revenues by geography
United States$484,636 $429,620 $1,342,714 $1,231,500 
International232,436 204,808 639,159 491,494 
Revenues$717,072 $634,428 $1,981,873 $1,722,994 

December 31, 2025March 31, 2025
Assets by geography
United States$2,417,309 $2,439,032 
International1,519,4461,380,676
Total assets$3,936,755 $3,819,708