XML 15 R17.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Goodwill and Other Intangible Assets | 6 Months Ended
--- | ---
Jun. 30, 2013
Goodwill and Other Intangible Assets | 9. Goodwill and Other Intangible Assets The changes in the carrying amounts of goodwill by operating segment for the six months ended June 30, 2013, are as follows:
|  | Corporate Finance/ Restructuring |  |  | Forensic and Litigation Consulting |  |  | Economic Consulting |  |  | Technology |  |  | Strategic Communications |  |  | Total |
Balances at December 31, 2012 |  | $ | 469,050 |  |  | $ | 198,957 |  |  | $ | 247,718 |  |  | $ | 118,035 |  |  | $ | 226,275 |  |  | $ | 1,260,035 |
Acquisitions(1) |  |  | 12,393 |  |  |  | 1,050 |  |  |  | 1,925 |  |  |  | — |  |  |  | 5,220 |  |  |  | 20,588 |
Foreign currency translation adjustment |  |  | (4,833 | ) |  |  | (2,059 | ) |  |  | (506 | ) |  |  | (105 | ) |  |  | (9,954 | ) |  |  | (17,457 | )
Intersegment transfers in/(out)(2) |  |  | (31,471 | ) |  |  | 31,471 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Balances at June 30, 2013 |  | $ | 445,139 |  |  | $ | 229,419 |  |  | $ | 249,137 |  |  | $ | 117,930 |  |  | $ | 221,541 |  |  | $ | 1,263,166 |
(1) | Includes adjustments during the purchase price allocation period.
(2) | Includes the reclassification of the Corporate Finance/Restructuring segment’s healthcare and life sciences practices into the Forensic and Litigation Consulting segment. See Note 15 “Segment Reporting” for information on this segment reclassification.
Other intangible assets with finite lives are amortized over their estimated useful lives. For intangible assets with finite lives, we recorded amortization expense of $6.0 million and $11.5 million for the three and six months ended June 30, 2013, respectively and $5.7 million and $11.2 million for the three and six months ended June 30, 2012, respectively. Based solely on the amortizable intangible assets recorded as of June 30, 2013, we estimate amortization expense to be $10.8 million during the remainder of 2013, $13.2 million in 2014, $12.2 million in 2015, $10.7 million in 2016, $9.9 million in 2017, $8.6 million in 2018, and $30.7 million in years after 2018. Actual amortization expense to be reported in future periods could differ from these estimates as a result of new intangible asset acquisitions, finalization of asset valuations for newly acquired assets, changes in useful lives, and changes in value due to foreign currency translation or other factors.
|  | Useful Life in Years |  | June 30, 2013 |  |  | December 31, 2012 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Finite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 1 to 15 |  | $ | 155,023 |  |  | $ | 65,093 |  |  | $ | 151,990 |  |  | $ | 64,095 |
Non-competition agreements |  | 1 to 10 |  |  | 10,979 |  |  |  | 8,527 |  |  |  | 15,184 |  |  |  | 11,158 |
Software |  | 3 to 10 |  |  | 33,948 |  |  |  | 30,518 |  |  |  | 33,979 |  |  |  | 27,424 |
Tradenames |  | 1 to 2 |  |  | 450 |  |  |  | 187 |  |  |  | 180 |  |  |  | 75 |
|  |  |  |  | 200,400 |  |  |  | 104,325 |  |  |  | 201,333 |  |  |  | 102,752 |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tradenames |  | Indefinite |  |  | 5,600 |  |  |  | — |  |  |  | 5,600 |  |  |  | — |
|  |  |  | $ | 206,000 |  |  | $ | 104,325 |  |  | $ | 206,933 |  |  | $ | 102,752 |

X
- Definition The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16373-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13854-109267 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration