XML 38 R27.htm IDEA: XBRL DOCUMENT v3.21.2
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amounts of Goodwill by Operating Segment
The table below summarizes the changes in the carrying amount of goodwill by reportable segment:
Corporate
Finance &
  Restructuring (1)
FLC (1)
Economic
Consulting (1)
Technology (1)
Strategic
Communications (2)
Total
Balance at December 31, 2020$506,072 $233,374 $269,087 $96,821 $129,525 $1,234,879 
Acquisitions— 5,493 — — — 5,493 
Foreign currency translation
adjustment and other
(4,149)(680)(168)(11)(1,341)(6,349)
Balance at September 30, 2021$501,923 $238,187 $268,919 $96,810 $128,184 $1,234,023 
(1)    There were no accumulated impairment losses for the Corporate Finance & Restructuring ("Corporate Finance"), FLC, Economic Consulting or Technology segments as of September 30, 2021 and December 31, 2020, respectively.
(2)    Amounts for our Strategic Communications segment include gross carrying values of $322.3 million and $323.7 million as of September 30, 2021 and December 31, 2020, respectively, and accumulated impairment losses of $194.1 million as of September 30, 2021 and December 31, 2020.
Schedule of Other Intangible Assets Amortized Intangibles
Intangible assets were as follows:
 September 30, 2021December 31, 2020
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Amortizing intangible assets      
Customer relationships (1)
$112,818 $91,069 $21,749 $111,556 $85,180 $26,376 
Trademarks11,245 4,292 6,953 11,809 2,768 9,041 
Acquired software and other 3,461 2,759 702 3,618 2,585 1,033 
127,524 98,120 29,404 126,983 90,533 36,450 
Non-amortizing intangible assets
Trademarks 5,100 — 5,100 5,100 — 5,100 
Total$132,624 $98,120 $34,504 $132,083 $90,533 $41,550 
(1)     During the nine months ended September 30, 2021, we acquired certain assets of a business, and its related intangible assets were assigned to the FLC segment.
Schedule of Other Intangible Assets Unamortized Intangibles
Intangible assets were as follows:
 September 30, 2021December 31, 2020
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Amortizing intangible assets      
Customer relationships (1)
$112,818 $91,069 $21,749 $111,556 $85,180 $26,376 
Trademarks11,245 4,292 6,953 11,809 2,768 9,041 
Acquired software and other 3,461 2,759 702 3,618 2,585 1,033 
127,524 98,120 29,404 126,983 90,533 36,450 
Non-amortizing intangible assets
Trademarks 5,100 — 5,100 5,100 — 5,100 
Total$132,624 $98,120 $34,504 $132,083 $90,533 $41,550 
(1)     During the nine months ended September 30, 2021, we acquired certain assets of a business, and its related intangible assets were assigned to the FLC segment.
Schedule of Future Amortization Expense Intangible Assets
We estimate our future amortization expense for our intangible assets with finite lives to be as follows:
Year
As of
September 30, 2021 (1)
2021 (remaining)$2,325 
20228,824 
20235,122 
20243,693 
20253,014 
Thereafter6,426 
 $29,404 
(1)Actual amortization expense to be reported in future periods could differ from these estimates because of new intangible asset acquisitions, impairments, changes in useful lives, or other relevant factors or changes.