Share-Based Compensation

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

During the six months ended June 30, 2023, we granted 63,741 restricted share awards, 91,434 restricted stock units and 79,682 performance stock units under the FTI Consulting, Inc. 2017 Omnibus Incentive Compensation Plan, our employee equity compensation plan. Our performance stock units are presented at the maximum potential payout percentage of 150% of target shares granted. These awards are recorded as equity on the Condensed Consolidated Balance Sheets. During the six months ended June 30, 2023, 830 shares of restricted stock, 1,609 restricted stock units and no stock options were forfeited prior to the completion of the applicable vesting requirements. Additionally, 7,815 performance stock units were forfeited during the six months ended June 30, 2023 as the award targets were not achieved.

Total share-based compensation expense, net of forfeitures is detailed in the following table:


	Three Months Ended June 30,				Six Months Ended June 30,
Income Statement Classification	2023		2022		2023		2022
Direct cost of revenues	$	4,562	$	3,977	$	9,261	$	7,946
Selling, general and administrative expenses	3,863		4,146		8,907		7,223

Total share-based compensation expense	$	8,425	$	8,123	$	18,168	$	15,169