Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information (Tables)

6 Months Ended

Jun. 30, 2017

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Condensed Consolidating Balance Sheet as of June 30, 2017

	FTI		Guarantor		Non-Guarantor
	Consulting		Subsidiaries		Subsidiaries		Eliminations			Consolidated
Assets
Cash and cash equivalents	$	15,113	$	158	$	123,240	$	—		$	138,511
Accounts receivable, net		153,823		193,611		205,781		—			553,215
Intercompany receivables		—		1,026,529		18,610		(1,045,139	)		—
Other current assets		35,918		21,818		28,327		—			86,063
Total current assets		204,854		1,242,116		375,958		(1,045,139	)		777,789
Property and equipment, net		24,897		12,647		22,736		—			60,280
Goodwill		558,978		416,053		212,633		—			1,187,664
Other intangible assets, net		20,174		12,312		32,222		(16,495	)		48,213
Investments in subsidiaries		2,119,854		516,041		—		(2,635,895	)		—
Other assets		40,435		66,946		43,466		—			150,847
Total assets	$	2,969,192	$	2,266,115	$	687,015	$	(3,697,529	)	$	2,224,793
Liabilities
Intercompany payables	$	1,045,139	$	—	$	—	$	(1,045,139	)	$	—
Other current liabilities		82,260		127,094		105,384		—			314,738
Total current liabilities		1,127,399		127,094		105,384		(1,045,139	)		314,738
Long-term debt, net		480,906		—		—		—			480,906
Other liabilities		221,709		16,940		51,322		—			289,971
Total liabilities		1,830,014		144,034		156,706		(1,045,139	)		1,085,615
Stockholders' equity		1,139,178		2,122,081		530,309		(2,652,390	)		1,139,178
Total liabilities and stockholders' equity	$	2,969,192	$	2,266,115	$	687,015	$	(3,697,529	)	$	2,224,793

Condensed Consolidating Balance Sheet as of December 31, 2016

	FTI		Guarantor		Non-Guarantor
	Consulting		Subsidiaries		Subsidiaries		Eliminations			Consolidated
Assets
Cash and cash equivalents	$	47,420	$	156	$	168,582	$	—		$	216,158
Accounts receivable, net		137,523		163,820		173,554		—			474,897
Intercompany receivables		—		1,029,800		—		(1,029,800	)		—
Other current assets		44,708		24,944		22,464		—			92,116
Total current assets		229,651		1,218,720		364,600		(1,029,800	)		783,171
Property and equipment, net		25,466		14,118		22,272		—			61,856
Goodwill		558,978		416,053		204,970		—			1,180,001
Other intangible assets, net		21,959		13,393		34,725		(17,957	)		52,120
Investments in subsidiaries		2,065,819		490,634		—		(2,556,453	)		—
Other assets		47,308		65,398		35,514		—			148,220
Total assets	$	2,949,181	$	2,218,316	$	662,081	$	(3,604,210	)	$	2,225,368
Liabilities
Intercompany payables	$	1,027,050	$	—	$	2,750	$	(1,029,800	)	$	—
Other current liabilities		137,710		129,810		110,935		—			378,455
Total current liabilities		1,164,760		129,810		113,685		(1,029,800	)		378,455
Long-term debt, net		365,528		—		—		—			365,528
Other liabilities		211,535		16,411		46,081		—			274,027
Total liabilities		1,741,823		146,221		159,766		(1,029,800	)		1,018,010
Stockholders' equity		1,207,358		2,072,095		502,315		(2,574,410	)		1,207,358
Total liabilities and stockholders' equity	$	2,949,181	$	2,218,316	$	662,081	$	(3,604,210	)	$	2,225,368

Condensed Consolidating Statement of Comprehensive Income (Loss)

Condensed Consolidating Statement of Comprehensive Income (Loss) for the Three Months Ended June 30, 2017

	FTI			Guarantor			Non-Guarantor
	Consulting			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Revenues	$	163,649		$	151,716		$	131,480		$	(2,130	)	$	444,715
Operating expenses
Direct cost of revenues		108,445			108,388			89,307			(2,069	)		304,071
Selling, general and administrative expenses		45,908			30,953			30,542			(61	)		107,342
Special charges		13,592			7,306			9,176			—			30,074
Acquisition-related contingent consideration		—			777			—			—			777
Amortization of other intangible assets		883			540			1,741			(742	)		2,422
		168,828			147,964			130,766			(2,872	)		444,686
Operating income (loss)		(5,179	)		3,752			714			742			29
Other income (expense)		(5,361	)		(71	)		774			—			(4,658	)
Income (loss) before income tax provision		(10,540	)		3,681			1,488			742			(4,629	)
Income tax (benefit) provision		(7,034	)		4,219			3,342			—			527
Equity in net earnings of subsidiaries		(1,650	)		(3,862	)		—			5,512			—
Net loss	$	(5,156	)	$	(4,400	)	$	(1,854	)	$	6,254		$	(5,156	)
Other comprehensive income, net of tax:
Foreign currency translation adjustments, net of tax expense of $0	$	—		$	—		$	10,174		$	—		$	10,174
Total other comprehensive income, net of tax		—			—			10,174			—			10,174
Comprehensive income (loss)	$	(5,156	)	$	(4,400	)	$	8,320		$	6,254		$	5,018

Condensed Consolidating Statement of Comprehensive Income (Loss) for the Three Months Ended June 30, 2016

	FTI			Guarantor			Non-Guarantor
	Consulting			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Revenues	$	175,278		$	146,603		$	140,557		$	(2,291	)	$	460,147
Operating expenses
Direct cost of revenues		115,254			99,622			90,556			(2,238	)		303,194
Selling, general and administrative expenses		45,983			31,065			31,250			(53	)		108,245
Special charges		1,750			—			—			—			1,750
Acquisition-related contingent consideration		—			206			—			—			206
Amortization of other intangible assets		986			540			1,882			(818	)		2,590
		163,973			131,433			123,688			(3,109	)		415,985
Operating income		11,305			15,170			16,869			818			44,162
Other income (expense)		(6,892	)		(1,559	)		6,273			—			(2,178	)
Income before income tax provision		4,413			13,611			23,142			818			41,984
Income tax provision		3,034			6,865			5,538			—			15,437
Equity in net earnings of subsidiaries		25,168			17,107			—			(42,275	)		—
Net income	$	26,547		$	23,853		$	17,604		$	(41,457	)	$	26,547
Other comprehensive loss, net of tax:
Foreign currency translation adjustments, net of tax expense of $0	$	—		$	—		$	(18,809	)	$	—		$	(18,809	)
Total other comprehensive loss, net of tax		—			—			(18,809	)		—			(18,809	)
Comprehensive income (loss)	$	26,547		$	23,853		$	(1,205	)	$	(41,457	)	$	7,738

Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2017

	FTI			Guarantor			Non-Guarantor
	Consulting, Inc.			Subsidiaries			Subsidiaries		Eliminations			Consolidated
Revenues	$	315,456		$	322,742		$	257,583	$	(4,722	)	$	891,059
Operating expenses
Direct cost of revenues		219,703			226,174			171,868		(4,602	)		613,143
Selling, general and administrative expenses		91,706			61,937			61,114		(120	)		214,637
Special charges		13,592			7,306			9,176		—			30,074
Acquisition-related contingent consideration		—			1,172			—		—			1,172
Amortization of other intangible assets		1,785			1,080			3,511		(1,461	)		4,915
		326,786			297,669			245,669		(6,183	)		863,941
Operating income (loss)		(11,330	)		25,073			11,914		1,461			27,118
Other income (expense)		(10,613	)		(498	)		1,257		—			(9,854	)
Income (loss) before income tax provision		(21,943	)		24,575			13,171		1,461			17,264
Income tax provision (benefit)		(12,617	)		15,137			5,884		—			8,404
Equity in net earnings of subsidiaries		18,186			4,711			—		(22,897	)		—
Net income	$	8,860		$	14,149		$	7,287	$	(21,436	)	$	8,860
Other comprehensive income, net of tax:
Foreign currency translation adjustments, net of tax expense of $0	$	—		$	—		$	17,544	$	—		$	17,544
Total other comprehensive income, net of tax:		—			—			17,544		—			17,544
Comprehensive income	$	8,860		$	14,149		$	24,831	$	(21,436	)	$	26,404

Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2016

	FTI			Guarantor			Non-Guarantor
	Consulting, Inc.			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Revenues	$	358,272		$	309,166		$	267,623		$	(4,629	)	$	930,432
Operating expenses
Direct cost of revenues		229,683			208,812			174,871			(4,536	)		608,830
Selling, general and administrative expenses		90,650			61,786			59,511			(93	)		211,854
Special charges		1,750			4,563			498			—			6,811
Acquisition-related contingent consideration		6			1,334			—			—			1,340
Amortization of other intangible assets		1,972			1,098			3,761			(1,635	)		5,196
		324,061			277,593			238,641			(6,264	)		834,031
Operating income		34,211			31,573			28,982			1,635			96,401
Other income (expense)		(11,969	)		(2,269	)		8,388			—			(5,850	)
Income before income tax provision		22,242			29,304			37,370			1,635			90,551
Income tax provision		11,183			13,724			8,916			—			33,823
Equity in net earnings of subsidiaries		45,669			26,989			—			(72,658	)		—
Net income	$	56,728		$	42,569		$	28,454		$	(71,023	)	$	56,728
Other comprehensive loss, net of tax:
Foreign currency translation adjustments, net of tax expense of $0	$	—		$	—		$	(19,167	)	$	—		$	(19,167	)
Total other comprehensive loss, net of tax:		—			—			(19,167	)		—			(19,167	)
Comprehensive income	$	56,728		$	42,569		$	9,287		$	(71,023	)	$	37,561

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2017

	FTI			Guarantor			Non-Guarantor
	Consulting			Subsidiaries			Subsidiaries			Consolidated
Operating activities
Net cash provided by (used in) operating activities	$	(56,917	)	$	1,386		$	(26,669	)	$	(82,200	)
Investing activities
Purchases of property and equipment		(5,440	)		(4,655	)		(3,032	)		(13,127	)
Other		72			—			—			72
Net cash used in investing activities		(5,368	)		(4,655	)		(3,032	)		(13,055	)
Financing activities
Borrowings under revolving line of credit, net		115,000			—			—			115,000
Deposits		—			—			3,262			3,262
Purchase and retirement of common stock		(102,513	)		—			—			(102,513	)
Net issuance of common stock under equity compensation plans		(500	)		—			—			(500	)
Other		(79	)		—			—			(79	)
Intercompany transfers		18,070			3,271			(21,341	)		—
Net cash provided by (used in) financing activities		29,978			3,271			(18,079	)		15,170
Effects of exchange rate changes on cash and cash equivalents		—			—			2,438			2,438
Net increase (decrease) in cash and cash equivalents		(32,307	)		2			(45,342	)		(77,647	)
Cash and cash equivalents, beginning of year		47,420			156			168,582			216,158
Cash and cash equivalents, end of year	$	15,113		$	158		$	123,240		$	138,511

Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2016

	FTI			Guarantor			Non-Guarantor
	Consulting			Subsidiaries			Subsidiaries			Consolidated
Operating activities
Net cash provided by (used in) operating activities	$	(3,975	)	$	42,564		$	2,044		$	40,633
Investing activities
Payments for acquisition of businesses, net of cash received		—			—			(56	)		(56	)
Purchases of property and equipment and other		(1,533	)		(7,821	)		(2,629	)		(11,983	)
Other		96			—			—			96
Net cash used in investing activities		(1,437	)		(7,821	)		(2,685	)		(11,943	)
Financing activities
Deposits		—			—			2,557			2,557
Purchase and retirement of common stock		(2,903	)		—			—			(2,903	)
Net issuance of common stock under equity compensation plans		9,353			—			—			9,353
Other		418			(572	)		—			(154	)
Intercompany transfers		36,342			(34,173	)		(2,169	)		—
Net cash provided by (used in) financing activities		43,210			(34,745	)		388			8,853
Effects of exchange rate changes on cash and cash equivalents		—			—			(4,638	)		(4,638	)
Net increase (decrease) in cash and cash equivalents		37,798			(2	)		(4,891	)		32,905
Cash and cash equivalents, beginning of year		35,211			165			114,384			149,760
Cash and cash equivalents, end of year	$	73,009		$	163		$	109,493		$	182,665