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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Mar. 31, 2015
Common Stock, Par or Stated Value Per Share $ 0.10 $ 0.10
Receivables:    
Fixed assets, net $ 175,897 $ 179,606
Current Liabilities    
REDEEMABLE NONCONTROLLING INTERESTS $ 48,011 $ 38,498
STOCKHOLDERS' EQUITY    
Common Stock, Shares Authorized 500,000,000 500,000,000
Common Stock, Shares, Issued 110,125,537 111,469,142
Consolidated Entity Excluding Consolidated Investment Vehicles Before Eliminations [Member]    
Current Assets    
Cash and cash equivalents $ 530,243 $ 669,552
Receivables:    
Investment securities 419,668 454,735
Other current assets 51,916 51,750
Total Current Assets 1,627,089 1,880,689
TOTAL ASSETS 6,780,997 7,032,631
Current Liabilities    
Business Combination, Contingent Consideration, Liability, Current 11,082 22,276
Other current liabilities 104,719 177,879
Total Current Liabilities 510,785 808,640
Long-term Debt 1,057,122 1,058,089
TOTAL LIABILITIES 2,247,906 2,537,150
REDEEMABLE NONCONTROLLING INTERESTS 11,092 10,787
STOCKHOLDERS' EQUITY    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 6,780,997 7,032,631
Consolidated Investment Vehicles [Member]    
Current Assets    
Cash and cash equivalents 1,948 2,808
Receivables:    
Investment securities 53,370 48,000
Other current assets 8,701 6,121
Total Current Assets 64,019 56,929
TOTAL ASSETS 64,019 56,929
Current Liabilities    
Other current liabilities 3,795 6,436
Total Current Liabilities 3,795 6,436
TOTAL LIABILITIES 3,795 6,436
REDEEMABLE NONCONTROLLING INTERESTS 37,570 27,581
STOCKHOLDERS' EQUITY    
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 64,019 56,929
Consolidated Legg Mason, Inc.    
Current Assets    
Restricted cash 17,923 32,114
Receivables:    
Investment advisory and related fees 349,024 368,399
Other receivables 74,986 118,850
Deferred income taxes 167,701 169,706
Total Current Assets 1,675,480 1,922,035
Fixed assets, net 175,897 179,606
Intangible assets, net 3,321,616 3,313,334
Goodwill 1,348,149 1,339,510
Deferred income taxes 164,116 161,978
Other non-current assets 144,130 157,514
TOTAL ASSETS 6,829,388 7,073,977
Current Liabilities    
Accrued compensation 184,338 400,245
Accounts Payable and Accrued Liabilities, Current 210,614 208,210
Total Current Liabilities 514,548 815,046
Deferred compensation 65,188 51,706
Deferred income taxes 369,105 362,209
Business Combination, Contingent Consideration, Liability, Noncurrent 81,662 88,508
Other non-current liabilities 164,044 167,998
TOTAL LIABILITIES 2,251,669 2,543,556
REDEEMABLE NONCONTROLLING INTERESTS 55,513 45,520
STOCKHOLDERS' EQUITY    
Common stock, par value $.10; authorized 500,000,000 shares; issued 111,469,142 shares in March 2015 and 117,173,639 shares in March 2014 11,013 11,147
Additional paid-in capital 2,788,418 2,844,441
Employee stock trust (29,681) (29,570)
Deferred compensation employee stock trust 29,681 29,570
Retained earnings 1,761,785 1,690,055
Accumulated other comprehensive income, net (39,010) (60,742)
TOTAL STOCKHOLDERS' EQUITY 4,522,206 4,484,901
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 6,829,388 7,073,977
Management Equity Plan [Member]    
Current Liabilities    
REDEEMABLE NONCONTROLLING INTERESTS $ 7,502 $ 7,022