XML 59 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
Goodwill and Other Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill by Segment
The Company's goodwill by segment (for the segments that had recorded goodwill) is as follows:
December 31, 2024December 31, 2023
Executive Search
Americas$90,740 $91,740 
Europe1,463 1,494 
Asia Pacific— — 
Total Executive Search92,203 93,234 
On-Demand Talent105,136 109,018 
Heidrick Consulting7,246 7,246 
Goodwill, gross$204,585 $209,498 
Accumulated impairment(66,724)(7,246)
Total goodwill$137,861 $202,252 
Schedule of Changes in Carrying Amount of Goodwill by Segment
Changes in the carrying amount of goodwill by segment for the years ended December 31, 2024, 2023, and 2022 were as follows:
Executive Search
AmericasEuropeAsia PacificOn-Demand TalentHeidrick ConsultingTotal
Goodwill91,463 1,532 — 45,529 — 138,524 
Accumulated impairment losses— — — — — — 
Balance at December 31, 202191,463 1,532 — 45,529 — 138,524 
Foreign currency translation(80)(83)— — — (163)
Balance at December 31, 202291,383 1,449 — 45,529 — 138,361 
Atreus acquisition— — — 62,371 — 62,371 
businessfourzero acquisition— — — — 7,073 7,073 
Impairment— — — — (7,246)(7,246)
Foreign currency translation357 45 — 1,118 173 1,693 
Balance at December 31, 2023$91,740 $1,494 $— $109,018 $— $202,252 
Impairment— (1,463)— (58,015)— (59,478)
Foreign currency translation(1,000)(31)(3,882)— (4,913)
Goodwill$90,740 $1,463 $— $105,136 $7,246 $204,585 
Accumulated impairment losses$— $(1,463)$— $(58,015)$(7,246)$(66,724)
Balance at December 31, 2024$90,740 $— $— $47,121 $— $137,861 
Schedule of Indefinite-Lived Intangible Assets
The Company’s other intangible assets, net by segment, are as follows:
 
December 31, 2024December 31, 2023
Executive Search
Americas$5 $22 
Europe37 95 
Total Executive Search42 117 
On-Demand Talent10,592 17,689 
Heidrick Consulting1,849 3,036 
Total other intangible assets, net$12,483 $20,842 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
The carrying amount of amortizable intangible assets and the related accumulated amortization were as follows:
  December 31, 2024December 31, 2023
 Weighted
Average
Life (in
years)		Gross Carrying AmountAccumulated AmortizationNet
Carrying
Amount		Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Client relationships10.5$25,188 $(15,371)$9,817 $26,195 $(11,443)$14,752 
Trade name3.04,836 (4,039)797 5,067 (3,069)1,998 
Software3.08,285 (6,416)1,869 8,629 (4,537)4,092 
Total intangible assets8.9$38,309 $(25,826)$12,483 $39,891 $(19,049)$20,842 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The Company's estimated future amortization expense related to intangible assets as of December 31, 2024, for the years ended December 31, is as follows:
20255,680 
20262,421 
20271,474 
2028866 
2029625 
Thereafter1,417 
Total$12,483