Company: HLI
Filing Date: 2025-02-04
Form Type: 10-Q
Source: 0001302215-25-000007
Chunk: 32

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-02-04
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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$131,552 $93,254 $341,629 $245,393 Financial Restructuring44,212 43,284 144,280 119,377 Financial and Valuation Advisory23,337 14,332 60,367 48,824 Total segment profit199,101 150,870 546,276 413,594 Corporate expenses (2)62,999 54,330 183,937 153,430 Other income, net(9,016)(6,035)(18,741)(12,336)Income before provision for income taxes$145,118 $102,575 $381,080 $272,500 (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 represent expenses that are not allocated to individual business segments such as office of the executives, accounting, information technology, legal and compliance, marketing, and human capital. December 31, 2024March 31, 2024Assets by segmentCorporate Finance$1,272,204 $1,147,432 Financial Restructuring194,729 192,185 Financial and Valuation Advisory195,967 170,627 Total segment assets1,662,900 1,510,244 Corporate assets1,812,862 1,660,515 Total assets$3,475,762 $3,170,759 Three Months Ended December 31,Nine Months Ended December 31,2024202320242023Income before provision for income taxes by geographyUnited States$99,998 $68,944 $251,562 $182,626 International45,120 33,631 129,518 89,874 Income before provision for income taxes$145,118 $102,575 $381,080 $272,500 

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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)

Three Months Ended December 31,Nine Months Ended December 31,2024202320242023Revenues by geographyUnited States$