Company: HLI
Filing Date: 2025-02-04
Form Type: 10-Q
Source: 0001302215-25-000007
Chunk: 82

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-02-04
Form: 10-Q
Item: Part I, Item 8
Chunk 82
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$— $84,926 $— $84,926 U.S. treasury securities— 18,065 — 18,065 Certificates of deposit— 547 — 547 Total assets measured at fair value$— $103,538 $— $103,538 March 31, 2024Level ILevel IILevel IIITotalCorporate debt securities$— $21,641 $— $21,641 U.S. treasury securities— 15,833 — 15,833 Certificates of deposit— 531 — 531 Total assets measured at fair value$— $38,005 $— $38,005 The Company had no transfers between fair value levels during the nine months ended December 31, 2024.

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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:December 31, 2024Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair ValueCorporate debt securities$85,055 $155 $(284)$84,926 U.S. treasury securities18,312 32 (279)18,065 Certificates of deposit547 — — 547 Total securities with unrealized gains/(losses)$103,914 $187 $(563)$103,538 March 31, 2024Amortized CostGross Unrealized GainsGross Unrealized (Losses)Fair ValueCorporate debt securities$22,318 $8 $(685)$21,641 U.S. treasury securities16,071 110 (348)15,833 Certificates of deposit531 — — 531 Total securities with unrealized gains/(losses)$38,920 $118 $(1,033)$38,005 Scheduled maturities of the debt securities held by the Company included within the investment securities portfolio were as follows:December 31, 2024March 31, 2024Amortized CostEstimated Fair ValueAmortized CostEstimated Fair ValueDue within one year