XML 27 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2015
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 and nine months ended September 30, 2015 and 2014, respectively:

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2015      2014      2015      2014  

Revenues

           

Corporate Finance & Restructuring

   $ 113,487       $ 100,041       $ 328,812       $ 298,043   

Forensic and Litigation Consulting

     116,158         121,732         365,554         362,242   

Economic Consulting

     114,541         120,494         329,320         344,572   

Technology

     55,568         62,359         172,048         183,142   

Strategic Communications

     55,716         46,552         141,211         143,055   
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenues

   $ 455,470       $ 451,178       $ 1,336,945       $ 1,331,054   
  

 

 

    

 

 

    

 

 

    

 

 

 

Adjusted Segment EBITDA

           

Corporate Finance & Restructuring

   $ 26,662       $ 15,534       $ 71,174       $ 45,618   

Forensic and Litigation Consulting

     13,406         22,260         55,456         71,025   

Economic Consulting

     16,654         18,426         43,502         49,499   

Technology

     10,813         17,835         33,052         50,287   

Strategic Communications

     8,717         6,605         20,100         15,168   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Adjusted Segment EBITDA

   $ 76,252       $ 80,660       $ 223,284       $ 231,597   
  

 

 

    

 

 

    

 

 

    

 

 

 
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 for the three and nine months ended September 30, 2015 and 2014, respectively:

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2015     2014     2015     2014  

Total Adjusted Segment EBITDA

   $ 76,252      $ 80,660      $ 223,284      $ 231,597   

Segment depreciation expense

     (6,733     (7,293     (20,237     (22,353

Amortization of other intangible assets

     (2,900     (3,398     (8,919     (11,466

Special charges

     —          (5,347     —          (14,711

Unallocated corporate expenses, excluding special charges

     (20,875     (18,151     (55,057     (59,930

Interest income and other

     2,027        1,014        2,840        3,465   

Interest expense

     (11,696     (12,634     (36,537     (38,197

Loss on early extinguishment of debt

     (19,589     —          (19,589     —     

Remeasurement of acquisition-related contingent consideration

     —          —          1,675        2,383   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income before income tax provision

   $ 16,486      $ 34,851      $ 87,460      $ 90,788