Company: HLI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001302215-25-000092
Chunk: 74

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 74
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 in the accompanying Consolidated Balance Sheets includes loans receivable from certain employees of $37,048 and $44,290 as of June 30, 2025 and March 31, 2025, respectively. 

Note 5 — Fair Value Measurements

The following table presents information about the Company's financial assets, and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair values:June 30, 2025Level ILevel IILevel IIITotalCorporate debt securities$— $52,245 $— $52,245 U.S. treasury securities— 20,049 — 20,049 Common stock35 — — 35 Certificates of deposit— 549 — 549 Total assets measured at fair value$35 $72,843 $— $72,878 March 31, 2025Level ILevel IILevel IIITotalCorporate debt securities$— $178,150 $— $178,150 U.S. treasury securities— 16,904 — 16,904 Common stock21 — — 21 Certificates of deposit— 549 — 549 Total assets measured at fair value$21 $195,603 $— $195,624 The Company had no transfers between fair value levels during the three months ended June 30, 2025.

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Table of ContentsHOULIHAN LOKEY, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)(UNAUDITED)(In thousands, except share data or as otherwise stated)

Note 6 — Investment Securities

The amortized cost and gross unrealized gains (losses) of marketable investment securities accounted under the fair value method were as follows:June 30, 2025Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair ValueCorporate debt securities$52,251 $98 $(104)$52,245 U.S. treasury securities20,075 88 (114)20,049 Common stock35 — — 35 Certificates of deposit549 — — 549 Total securities with unrealized gains/(losses)$72,910 $186 $(218)$72,878 March 31, 2025Amortized CostGross Unrealized GainsGross