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v3.25.1

Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2025
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:
|  | March 31, 2025 |  | December 31, 2024
Executive Search |  |  |  |
Americas |  | $ | 90,977 |  |  | $ | 90,740 |
Europe |  | 1,463 |  |  | 1,463 |
Total Executive Search |  | 92,440 |  |  | 92,203 |
On-Demand Talent |  | 106,485 |  |  | 105,136 |
Heidrick Consulting |  | 7,246 |  |  | 7,246 |
Goodwill, gross |  | 206,171 |  |  | 204,585 |
Accumulated impairment |  | (66,724) |  |  | (66,724) |
Total goodwill |  | $ | 139,447 |  |  | $ | 137,861 |
Schedule of Changes in Carrying Amount of Goodwill by Segment | Changes in the carrying amount of goodwill by segment (for the segments that had recorded goodwill) for the three months ended March 31, 2025, are as follows:
| Executive Search |  | On-Demand Talent |  | Heidrick Consulting |  |
| Americas |  | Europe |  |  |  |  |  | Total
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 |
Foreign currency translation | 237 |  |  | — |  |  |  |  | 1,349 |  |  | — |  |  | 1,586 |
Goodwill | 90,977 |  |  | 1,463 |  |  |  |  | 106,485 |  |  | 7,246 |  |  | 206,171 |
Accumulated impairment losses | — |  |  | (1,463) |  |  |  |  | (58,015) |  |  | (7,246) |  |  | (66,724) |
Balance at March 31, 2025 | $ | 90,977 |  |  | $ | — |  |  |  |  | $ | 48,470 |  |  | $ | — |  |  | $ | 139,447 |
Schedule of Indefinite-Lived Intangible Assets | The Company’s other intangible assets, net by segment, are as follows:
|  | March 31, 2025 |  | December 31, 2024
Executive Search |  |  |  |
Americas |  | $ | 4 |  |  | $ | 5 |
Europe |  | 29 |  |  | 37 |
Total Executive Search |  | 33 |  |  | 42 |
On-Demand Talent |  | 9,636 |  |  | 10,592 |
Heidrick Consulting |  | 1,635 |  |  | 1,849 |
Total other intangible assets, net |  | $ | 11,304 |  |  | $ | 12,483 |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class | The carrying amount of amortizable intangible assets and the related accumulated amortization are as follows:
| Weighted Average Life (Years) |  | March 31, 2025 |  | December 31, 2024
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Client relationships | 10.7 |  | $ | 25,970 |  |  | $ | (16,773) |  |  | $ | 9,197 |  |  | $ | 25,188 |  |  | $ | (15,371) |  |  | $ | 9,817 |
Trade name | 3.0 |  | 4,979 |  |  | (4,374) |  |  | 605 |  |  | 4,836 |  |  | (4,039) |  |  | 797 |
Software | 3.0 |  | 8,517 |  |  | (7,015) |  |  | 1,502 |  |  | 8,285 |  |  | (6,416) |  |  | 1,869 |
Total intangible assets | 9.2 |  | $ | 39,466 |  |  | $ | (28,162) |  |  | $ | 11,304 |  |  | $ | 38,309 |  |  | $ | (25,826) |  |  | $ | 12,483 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The Company's estimated future amortization expense related to intangible assets as of March 31, 2025, for the following years ended December 31, is as follows:
2025 | $ | 4,285 |
2026 | 2,500 |
2027 | 1,520 |
2028 | 890 |
2029 | 642 |
Thereafter | 1,467 |
Total | $ | 11,304 |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-1 + Details
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