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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2014
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, 2014 and 2013:

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2014      2013      2014      2013  

Revenues

           

Corporate Finance/Restructuring

   $ 100,041       $ 93,981       $ 298,043       $ 289,775   

Forensic and Litigation Consulting

     121,732         113,068         362,242         318,912   

Economic Consulting

     120,494         113,069         344,572         339,277   

Technology

     62,359         51,201         183,142         149,101   

Strategic Communications

     46,552         43,324         143,055         139,369   
  

 

 

    

 

 

    

 

 

    

 

 

 

Revenues

   $ 451,178       $ 414,643       $ 1,331,054       $ 1,236,434   
  

 

 

    

 

 

    

 

 

    

 

 

 

Adjusted Segment EBITDA

           

Corporate Finance/Restructuring

   $ 15,534       $ 19,402       $ 45,618       $ 56,335   

Forensic and Litigation Consulting

     22,260         25,362         71,025         56,925   

Economic Consulting

     18,426         23,225         49,499         70,222   

Technology

     17,835         15,381         50,287         45,985   

Strategic Communications

     6,605         4,036         15,168         12,809   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Adjusted Segment EBITDA

   $ 80,660       $ 87,406       $ 231,597       $ 242,276   
  

 

 

    

 

 

    

 

 

    

 

 

 
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:

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2014     2013     2014     2013  

Total Adjusted Segment EBITDA

   $ 80,660      $ 87,406      $ 231,597      $ 242,276   

Segment depreciation expense

     (7,293     (7,112     (22,353     (20,932

Amortization of other intangible assets

     (3,398     (5,776     (11,466     (17,293

Special charges

     (5,347     (10,419     (14,711     (10,846

Goodwill impairment charge

     —          (83,752     —          (83,752

Unallocated corporate expenses, excluding special charges

     (18,151     (15,946     (59,930     (47,680

Interest income and other

     1,014        1,152        3,465        1,702   

Interest expense

     (12,634     (12,814     (38,197     (38,600

Remeasurement of acquisition-related contingent consideration

     —          —          2,383        8,216   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) before income tax provision

   $ 34,851      $ (47,261   $ 90,788      $ 33,091