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Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information (Tables) | 3 Months Ended
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Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Condensed Consolidating Balance Sheet Information | Condensed Consolidating Balance Sheet as of March 31, 2018
| FTI Consulting |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 8,406 |  |  | $ | 157 |  |  | $ | 143,481 |  |  | $ | — |  |  | $ | 152,044 |
Accounts receivable, net | 185,359 |  |  | 181,692 |  |  | 216,537 |  |  | — |  |  | 583,588 |
Intercompany receivables | — |  |  | 1,114,635 |  |  | 5,251 |  |  | (1,119,886 | ) |  | — |
Other current assets | 28,620 |  |  | 23,096 |  |  | 28,430 |  |  | — |  |  | 80,146 |
Total current assets | 222,385 |  |  | 1,319,580 |  |  | 393,699 |  |  | (1,119,886 | ) |  | 815,778 |
Property and equipment, net | 39,967 |  |  | 12,508 |  |  | 23,111 |  |  | — |  |  | 75,586 |
Goodwill | 570,876 |  |  | 416,053 |  |  | 221,082 |  |  | — |  |  | 1,208,011 |
Other intangible assets, net | 17,552 |  |  | 10,838 |  |  | 28,160 |  |  | (14,160 | ) |  | 42,390 |
Investments in subsidiaries | 2,224,753 |  |  | 544,824 |  |  | — |  |  | (2,769,577 | ) |  | — |
Other assets | 32,297 |  |  | 65,651 |  |  | 36,739 |  |  | — |  |  | 134,687 |
Total assets | $ | 3,107,830 |  |  | $ | 2,369,454 |  |  | $ | 702,791 |  |  | $ | (3,903,623 | ) |  | $ | 2,276,452 |
Liabilities |  |  |  |  |  |  |  |  |
Intercompany payables | $ | 1,119,886 |  |  | $ | — |  |  | $ | — |  |  | $ | (1,119,886 | ) |  | $ | — |
Other current liabilities | 110,376 |  |  | 128,921 |  |  | 104,170 |  |  | — |  |  | 343,467 |
Total current liabilities | 1,230,262 |  |  | 128,921 |  |  | 104,170 |  |  | (1,119,886 | ) |  | 343,467 |
Long-term debt, net | 441,473 |  |  | — |  |  | — |  |  | — |  |  | 441,473 |
Other liabilities | 198,661 |  |  | 10,308 |  |  | 45,109 |  |  | — |  |  | 254,078 |
Total liabilities | 1,870,396 |  |  | 139,229 |  |  | 149,279 |  |  | (1,119,886 | ) |  | 1,039,018 |
Stockholders' equity | 1,237,434 |  |  | 2,230,225 |  |  | 553,512 |  |  | (2,783,737 | ) |  | 1,237,434 |
Total liabilities and stockholders' equity | $ | 3,107,830 |  |  | $ | 2,369,454 |  |  | $ | 702,791 |  |  | $ | (3,903,623 | ) |  | $ | 2,276,452 |
Condensed Consolidating Balance Sheet as of December 31, 2017
| FTI Consulting |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Assets |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 10,186 |  |  | $ | 159 |  |  | $ | 179,616 |  |  | $ | — |  |  | $ | 189,961 |
Accounts receivable, net | 155,124 |  |  | 156,859 |  |  | 210,895 |  |  | — |  |  | 522,878 |
Intercompany receivables | — |  |  | 1,093,211 |  |  | 32,695 |  |  | (1,125,906 | ) |  | — |
Other current assets | 31,933 |  |  | 21,840 |  |  | 27,567 |  |  | — |  |  | 81,340 |
Total current assets | 197,243 |  |  | 1,272,069 |  |  | 450,773 |  |  | (1,125,906 | ) |  | 794,179 |
Property and equipment, net | 39,137 |  |  | 13,572 |  |  | 22,366 |  |  | — |  |  | 75,075 |
Goodwill | 570,876 |  |  | 416,053 |  |  | 217,874 |  |  | — |  |  | 1,204,803 |
Other intangible assets, net | 18,426 |  |  | 11,251 |  |  | 29,441 |  |  | (14,968 | ) |  | 44,150 |
Investments in subsidiaries | 2,175,362 |  |  | 566,911 |  |  | — |  |  | (2,742,273 | ) |  | — |
Other assets | 34,454 |  |  | 60,566 |  |  | 44,014 |  |  | — |  |  | 139,034 |
Total assets | $ | 3,035,498 |  |  | $ | 2,340,422 |  |  | $ | 764,468 |  |  | $ | (3,883,147 | ) |  | $ | 2,257,241 |
Liabilities |  |  |  |  |  |  |  |  |
Intercompany payables | $ | 1,125,906 |  |  | $ | — |  |  | $ | — |  |  | $ | (1,125,906 | ) |  | $ | — |
Other current liabilities | 127,295 |  |  | 144,474 |  |  | 138,559 |  |  | — |  |  | 410,328 |
Total current liabilities | 1,253,201 |  |  | 144,474 |  |  | 138,559 |  |  | (1,125,906 | ) |  | 410,328 |
Long-term debt, net | 396,284 |  |  | — |  |  | — |  |  | — |  |  | 396,284 |
Other liabilities | 194,042 |  |  | 14,753 |  |  | 49,863 |  |  | — |  |  | 258,658 |
Total liabilities | 1,843,527 |  |  | 159,227 |  |  | 188,422 |  |  | (1,125,906 | ) |  | 1,065,270 |
Stockholders' equity | 1,191,971 |  |  | 2,181,195 |  |  | 576,046 |  |  | (2,757,241 | ) |  | 1,191,971 |
Total liabilities and stockholders' equity | $ | 3,035,498 |  |  | $ | 2,340,422 |  |  | $ | 764,468 |  |  | $ | (3,883,147 | ) |  | $ | 2,257,241 |
Condensed Consolidating Statement of Comprehensive Income | Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended March 31, 2018
| FTI Consulting |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues | $ | 185,321 |  |  | $ | 157,129 |  |  | $ | 157,772 |  |  | $ | (2,448 | ) |  | $ | 497,774 |
Operating expenses |  |  |  |  |  |  |  |  |
Direct cost of revenues | 115,460 |  |  | 109,398 |  |  | 98,597 |  |  | (2,338 | ) |  | 321,117 |
Selling, general and administrative expenses | 50,681 |  |  | 28,980 |  |  | 32,577 |  |  | (110 | ) |  | 112,128 |
Amortization of other intangible assets | 874 |  |  | 414 |  |  | 1,790 |  |  | (808 | ) |  | 2,270 |
| 167,015 |  |  | 138,792 |  |  | 132,964 |  |  | (3,256 | ) |  | 435,515 |
Operating income | 18,306 |  |  | 18,337 |  |  | 24,808 |  |  | 808 |  |  | 62,259 |
Other income (expense) | 16,930 |  |  | (309 | ) |  | (1,665 | ) |  | (23,000 | ) |  | (8,044 | )
Income before income tax provision | 35,236 |  |  | 18,028 |  |  | 23,143 |  |  | (22,192 | ) |  | 54,215 |
Income tax provision (benefit) | 4,370 |  |  | 6,040 |  |  | 4,860 |  |  | — |  |  | 15,270 |
Equity in net earnings of subsidiaries | 8,079 |  |  | 34,788 |  |  | — |  |  | (42,867 | ) |  | — |
Net income | $ | 38,945 |  |  | $ | 46,776 |  |  | $ | 18,283 |  |  | $ | (65,059 | ) |  | $ | 38,945 |
Other comprehensive income, net of tax: |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments, net of tax expense of $0 | $ | — |  |  | $ | — |  |  | $ | 10,446 |  |  | $ | — |  |  | $ | 10,446 |
Other comprehensive income, net of tax | — |  |  | — |  |  | 10,446 |  |  | — |  |  | 10,446 |
Comprehensive income | $ | 38,945 |  |  | $ | 46,776 |  |  | $ | 28,729 |  |  | $ | (65,059 | ) |  | $ | 49,391 |
Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended March 31, 2017
| FTI Consulting |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Eliminations |  | Consolidated
Revenues | $ | 151,807 |  |  | $ | 171,026 |  |  | $ | 126,103 |  |  | $ | (2,592 | ) |  | $ | 446,344 |
Operating expenses |  |  |  |  |  |  |  |  |
Direct cost of revenues | 111,258 |  |  | 117,786 |  |  | 82,561 |  |  | (2,533 | ) |  | 309,072 |
Selling, general and administrative expenses | 45,798 |  |  | 31,379 |  |  | 30,572 |  |  | (59 | ) |  | 107,690 |
Amortization of other intangible assets | 902 |  |  | 540 |  |  | 1,770 |  |  | (719 | ) |  | 2,493 |
| 157,958 |  |  | 149,705 |  |  | 114,903 |  |  | (3,311 | ) |  | 419,255 |
Operating income | (6,151 | ) |  | 21,321 |  |  | 11,200 |  |  | 719 |  |  | 27,089 |
Other income (expense) | (5,252 | ) |  | (427 | ) |  | 483 |  |  | — |  |  | (5,196 | )
Income (loss) before income tax provision | (11,403 | ) |  | 20,894 |  |  | 11,683 |  |  | 719 |  |  | 21,893 |
Income tax provision (benefit) | (5,583 | ) |  | 10,918 |  |  | 2,542 |  |  | — |  |  | 7,877 |
Equity in net earnings of subsidiaries | 19,836 |  |  | 8,573 |  |  | — |  |  | (28,409 | ) |  | — |
Net income | $ | 14,016 |  |  | $ | 18,549 |  |  | $ | 9,141 |  |  | $ | (27,690 | ) |  | $ | 14,016 |
Other comprehensive loss, net of tax: |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments, net of tax expense of $0 | $ | — |  |  | $ | — |  |  | $ | 7,370 |  |  | $ | — |  |  | $ | 7,370 |
Other comprehensive income, net of tax | — |  |  | — |  |  | 7,370 |  |  | — |  |  | 7,370 |
Comprehensive income | $ | 14,016 |  |  | $ | 18,549 |  |  | $ | 16,511 |  |  | $ | (27,690 | ) |  | $ | 21,386 |
Condensed Consolidating Statement of Cash Flows | Condensed Consolidating Statement of Cash Flows for the Three Months Ended March 31, 2018
| FTI Consulting |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Operating activities |  |  |  |  |  |  |
Net cash provided by (used in) operating activities | $ | (27,503 | ) |  | $ | 53,809 |  |  | $ | (95,506 | ) |  | $ | (69,200 | )
Investing activities |  |  |  |  |  |  |
Purchases of property and equipment | (3,278 | ) |  | (2,583 | ) |  | (1,819 | ) |  | (7,680 | )
Other | 27 |  |  | — |  |  | — |  |  | 27 |
Net cash used in investing activities | (3,251 | ) |  | (2,583 | ) |  | (1,819 | ) |  | (7,653 | )
Financing activities |  |  |  |  |  |  |
Borrowings under revolving line of credit, net | 45,000 |  |  | — |  |  | — |  |  | 45,000 |
Deposits | — |  |  | — |  |  | 1,431 |  |  | 1,431 |
Purchase and retirement of common stock | (14,220 | ) |  | — |  |  | — |  |  | (14,220 | )
Net issuance of common stock under equity compensation plans | 4,215 |  |  | — |  |  | — |  |  | 4,215 |
Payments for acquisition-related contingent consideration | — |  |  | (2,502 | ) |  | — |  |  | (2,502 | )
Intercompany transfers | (6,021 | ) |  | (48,726 | ) |  | 54,747 |  |  | — |
Net cash used in financing activities | 28,974 |  |  | (51,228 | ) |  | 56,178 |  |  | 33,924 |
Effects of exchange rate changes on cash and cash equivalents | — |  |  | — |  |  | 5,012 |  |  | 5,012 |
Net increase (decrease) in cash and cash equivalents | (1,780 | ) |  | (2 | ) |  | (36,135 | ) |  | (37,917 | )
Cash and cash equivalents, beginning of year | 10,186 |  |  | 159 |  |  | 179,616 |  |  | 189,961 |
Cash and cash equivalents, end of year | $ | 8,406 |  |  | $ | 157 |  |  | $ | 143,481 |  |  | $ | 152,044 |
Condensed Consolidating Statement of Cash Flows for the Three Months Ended March 31, 2017
| FTI Consulting |  | Guarantor Subsidiaries |  | Non-Guarantor Subsidiaries |  | Consolidated
Operating activities |  |  |  |  |  |  |
Net cash used in operating activities | $ | (64,127 | ) |  | $ | (14,723 | ) |  | $ | (14,237 | ) |  | $ | (93,087 | )
Investing activities |  |  |  |  |  |  |
Purchases of property and equipment | (1,985 | ) |  | (2,396 | ) |  | (1,450 | ) |  | (5,831 | )
Other | 127 |  |  | — |  |  | — |  |  | 127 |
Net cash used in investing activities | (1,858 | ) |  | (2,396 | ) |  | (1,450 | ) |  | (5,704 | )
Financing activities |  |  |  |  |  |  |
Borrowings under revolving line of credit, net | 37,000 |  |  | — |  |  | — |  |  | 37,000 |
Deposits | — |  |  | — |  |  | 3,069 |  |  | 3,069 |
Purchase and retirement of common stock | (36,918 | ) |  | — |  |  | — |  |  | (36,918 | )
Net issuance of common stock under equity compensation plans | (812 | ) |  | — |  |  | — |  |  | (812 | )
Intercompany transfers | 37,666 |  |  | 17,120 |  |  | (54,786 | ) |  | — |
Net cash provided by (used in) financing activities | 36,936 |  |  | 17,120 |  |  | (51,717 | ) |  | 2,339 |
Effects of exchange rate changes on cash and cash equivalents | — |  |  | — |  |  | 1,253 |  |  | 1,253 |
Net increase (decrease) in cash and cash equivalents | (29,049 | ) |  | 1 |  |  | (66,151 | ) |  | (95,199 | )
Cash and cash equivalents, beginning of year | 47,420 |  |  | 156 |  |  | 168,582 |  |  | 216,158 |
Cash and cash equivalents, end of year | $ | 18,371 |  |  | $ | 157 |  |  | $ | 102,431 |  |  | $ | 120,959 |

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