Company: HLI
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001302215-25-000092
Chunk: 18

Company: HOULIHAN LOKEY, INC.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 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 Unrealized (Losses)Fair ValueCorporate debt securities$177,687 $627 $(164)$178,150 U.S. treasury securities17,044 17 (157)16,904 Common stock21 — — 21 Certificates of deposit549 — — 549 Total securities with unrealized gains/(losses)$195,301 $644 $(321)$195,624 Scheduled maturities of the debt securities held by the Company included within the investment securities portfolio were as follows:June 30, 2025March 31, 2025Amortized CostEstimated Fair ValueAmortized CostEstimated Fair ValueDue within one year$43,393 $43,303 $166,799 $167,328