Segment Reporting

3 Months Ended

Mar. 31, 2012

Segment Reporting [Abstract]

Segment Reporting

12. Segment Reporting

We manage our business in five reportable operating segments: Corporate Finance/Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications.

Our Corporate Finance/Restructuring segment focuses on strategic, operational, financial and capital needs of businesses around the world and provides consulting and advisory services on a wide range of areas, such as restructuring (including bankruptcy), interim management, financings, mergers and acquisitions ("M&A"), post-acquisition integration, valuations, tax issues and performance improvement.

Our Forensic and Litigation Consulting segment provides law firms, companies, government clients and other interested parties with dispute advisory, investigations, forensic accounting, business intelligence assessments, data analytics and risk mitigation services.

Our Economic Consulting segment provides law firms, companies, government entities and other interested parties with analysis of complex economic issues for use in legal, regulatory, and international arbitration proceedings, strategic decision making and public policy debates in the United States and around the world.

Our Technology segment provides electronic discovery ("e-discovery") and information management consulting, software and services to its clients. It provides products, services and consulting to companies, law firms, courts and government agencies worldwide. Its comprehensive suite of software and services help clients locate, review and produce electronically stored information ("ESI"), including e-mail, computer files, voicemail, instant messaging, and financial and transactional data.

Our Strategic Communications segment provides advice and consulting services relating to financial and corporate communications and investor relations, reputation management and brand communications, public affairs, business consulting and digital design and marketing.

We evaluate the performance of our operating segments based on Adjusted Segment EBITDA. We define Adjusted Segment EBITDA as a segment's share of consolidated operating income before depreciation, amortization of intangible assets and special charges. Although Adjusted Segment EBITDA is not a measure of financial condition or performance determined in accordance with GAAP, we use Adjusted Segment EBITDA to evaluate and compare the operating performance of our segments.

The table below presents revenues and Adjusted Segment EBITDA for our reportable segments for the three months ended March 31, 2012 and 2011:

	Three Months Ended March 31,
	2012		2011
Revenues
Corporate Finance/Restructuring	$	113,478	$	107,254
Forensic and Litigation Consulting		87,031		82,913
Economic Consulting		100,052		74,259
Technology		49,660		51,035
Strategic Communications		45,007		46,355
Revenues	$	395,228	$	361,816
Adjusted Segment EBITDA
Corporate Finance/Restructuring	$	26,764	$	17,602
Forensic and Litigation Consulting		12,077		15,992
Economic Consulting		18,424		13,162
Technology		13,215		18,430
Strategic Communications		4,529		5,396
Adjusted Segment EBITDA	$	75,009	$	70,582

The table below reconciles Adjusted Segment EBITDA to income before income tax provision:

	Three Months Ended March 31,
	2012			2011
Adjusted Segment EBITDA	$	75,009		$	70,582
Segment depreciation expense		(6,273	)		(5,748	)
Amortization of other intangible assets		(5,517	)		(5,454	)
Unallocated corporate expenses		(22,272	)		(15,201	)
Interest income and other		3,282			2,000
Interest expense		(15,204	)		(15,310	)
Income before income tax provision	$	29,025		$	30,869