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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2014
Revenues and Adjusted Segment Earnings before Interest, Taxes, Depreciation and Amortization for Reportable Segments

The table below presents revenues and Adjusted Segment EBITDA for our reportable segments for the three years ended December 31, 2014:

 

     Year Ended December 31,  
     2014      2013      2012  

Revenues

        

Corporate Finance/Restructuring

   $ 391,115       $ 382,526       $ 394,719   

Forensic and Litigation Consulting

     483,380         433,632         407,586   

Economic Consulting

     451,040         447,366         391,622   

Technology

     241,310         202,663         195,194   

Strategic Communications

     189,367         186,245         187,750   
  

 

 

    

 

 

    

 

 

 

Total revenues

   $ 1,756,212       $ 1,652,432       $ 1,576,871   
  

 

 

    

 

 

    

 

 

 

Adjusted Segment EBITDA

        

Corporate Finance/Restructuring

   $ 55,492       $ 67,183       $ 95,916   

Forensic and Litigation Consulting

     90,468         74,481         60,566   

Economic Consulting

     59,282         92,204         77,461   

Technology

     63,545         60,655         57,203   

Strategic Communications

     22,588         18,737         25,019   
  

 

 

    

 

 

    

 

 

 

Total Adjusted Segment EBITDA

   $ 291,375       $ 313,260       $ 316,165   
  

 

 

    

 

 

    

 

 

 
Reconciliation of Adjusted Segment Earnings before Interest, Taxes, Depreciation and Amortization

The table below reconciles Total Adjusted Segment EBITDA to income before income tax provision. Unallocated corporate expenses include primarily indirect costs related to centrally managed administrative functions which have not been allocated to the segments. These administrative costs include costs related to executive management, legal, corporate office support costs, information technology, accounting, marketing, human resources, and company-wide business development functions.

 

     Year Ended December 31,  
     2014     2013     2012  

Total Adjusted Segment EBITDA

   $ 291,375      $ 313,260      $ 316,165   

Segment depreciation expense

     (30,267     (28,203     (25,058

Amortization of intangible assets

     (15,521     (22,954     (22,407

Special charges

     (16,339     (38,414     (29,557

Goodwill impairment charge

     —          (83,752     (110,387

Unallocated corporate expenses, excluding special charges

     (84,545     (72,053     (74,947

Interest income and other

     4,670        1,748        5,659   

Interest expense

     (50,685     (51,376     (56,731

Loss on early extinguishment of debt

     —          —          (4,850

Remeasurement of acquisition-related contingent consideration

     2,723        13,555        5,227   
  

 

 

   

 

 

   

 

 

 

Income before income tax provision

   $ 101,411      $ 31,811      $ 3,114   
  

 

 

   

 

 

   

 

 

 
Schedule Of Assets By Segments

The table below presents assets by segment. Segment assets primarily include accounts and notes receivable, fixed assets purchased specifically for the segment, goodwill and other intangible assets:

 

     December 31,  
     2014      2013  

Corporate Finance/Restructuring

   $ 668,631       $ 669,027   

Forensic and Litigation Consulting

     430,759         444,850   

Economic Consulting

     493,694         487,549   

Technology

     214,866         208,612   

Strategic Communications

     250,194         267,884   
  

 

 

    

 

 

 

Total segment assets

     2,058,144         2,077,922   

Unallocated corporate assets

     372,383         287,025   
  

 

 

    

 

 

 

Total assets

   $ 2,430,527       $ 2,364,947   
  

 

 

    

 

 

 
Revenues  
Schedule Of Revenues Based On Location Of Legal Entity And Information On Long-Lived Assets And Net Assets

The table below details information on our revenues for the three years ended December 31, 2014. Revenues have been attributed to location based on the location of the legal entity generating the revenue:

 

     Year Ended December 31,  
     2014      2013      2012  

United States

   $ 1,256,046       $ 1,208,978       $ 1,171,805   

United Kingdom

     232,281         194,614         179,643   

All other foreign countries

     267,885         248,840         225,423   
  

 

 

    

 

 

    

 

 

 

Total revenue

   $ 1,756,212       $ 1,652,432       $ 1,576,871   
  

 

 

    

 

 

    

 

 

 
Long Lived Assets And Net Assets  
Schedule Of Revenues Based On Location Of Legal Entity And Information On Long-Lived Assets And Net Assets

The table below details information on our long-lived assets and net assets at December 31, 2014 and 2013 attributed to geographic location based on the location of the legal entity holding the assets:

 

     December 31, 2014      December 31, 2013  
     United
States
     United
Kingdom
     All other foreign
countries
     United
States
     United
Kingdom
     All foreign
countries
 

Property and equipment, net of accumulated depreciation

   $ 50,914       $ 21,971       $ 9,278       $ 50,351       $ 16,931       $ 11,725   

Net assets

   $ 594,960       $ 226,019       $ 281,767       $ 504,963       $ 220,951       $ 316,345