Segment Reporting

We manage our business in five reportable segments: Corporate Finance & Restructuring ("Corporate Finance"), Forensic and Litigation Consulting ("FLC"), Economic Consulting, Technology and Strategic Communications.

Our Corporate Finance segment focuses on the strategic, operational, financial and capital needs of our clients around the world and delivers a wide range of service offerings related to restructuring, business transformation and transaction support. Our restructuring practice includes corporate restructuring, including bankruptcy and interim management services. Our business transformation and transaction practices include financings, mergers and acquisitions (“M&A”), M&A integration, valuations and tax advice, as well as financial, operational and performance improvement services.

Our FLC segment provides law firms, companies, government clients and other interested parties with multidisciplinary, independent dispute advisory, investigations, data analytics, forensic accounting, business intelligence and risk mitigation services, as well as interim management and performance improvement services for our health solutions practice clients.

Our Economic Consulting segment provides law firms, companies, government entities and other interested parties with analysis of complex economic issues for use in legal, regulatory and international arbitration proceedings, strategic decision making and public policy debates in the U.S. and around the world.

Our Technology segment provides corporations and law firms with a comprehensive and global portfolio of consulting and services for information governance, privacy and security, electronic discovery ("e-discovery") and insight analytics. Our consulting expertise enables clients to more confidently govern, secure, find, analyze and rapidly understand their data in the context of compliance and risk.

Our Strategic Communications segment designs and executes communications strategies for management teams and boards of directors to help them seize opportunities, manage financial, regulatory and reputational challenges, navigate market disruptions, articulate their brand, stake a competitive position and preserve and grow their operations.

We evaluate the performance of our operating segments based on Adjusted Segment EBITDA, a GAAP financial measure. We define Adjusted Segment EBITDA as a segment’s share of consolidated operating income before depreciation, amortization of intangible assets, remeasurement of acquisition-related contingent consideration, special charges and goodwill impairment charges. We define Total Adjusted Segment EBITDA, a non-GAAP financial measure, as the total of Adjusted Segment EBITDA for all segments, which excludes unallocated corporate expenses. We use Adjusted Segment EBITDA to internally evaluate the financial performance of our segments because we believe it reflects current core operating performance and provides an indicator of the segment’s ability to generate cash.

The table below presents revenues and Adjusted Segment EBITDA for our reportable segments:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Revenues
Corporate Finance & Restructuring	$	135,418	$	128,121	$	419,695	$	351,509
Forensic and Litigation Consulting	126,684		118,639		388,250		341,455
Economic Consulting	139,166		111,753		405,583		374,978
Technology	56,692		42,282		144,035		133,935
Strategic Communications	55,052		48,167		165,321		138,144
Total revenues	$	513,012	$	448,962	$	1,522,884	$	1,340,021
Adjusted Segment EBITDA
Corporate Finance & Restructuring	$	26,798	$	26,734	$	97,379	$	57,107
Forensic and Litigation Consulting	21,970		22,539		75,342		49,092
Economic Consulting	23,238		12,061		57,846		47,680
Technology	11,473		5,973		24,713		19,198
Strategic Communications	10,802		8,073		31,621		17,206
Total Adjusted Segment EBITDA	$	94,281	$	75,380	$	286,901	$	190,283

The table below reconciles net income to Total Adjusted Segment EBITDA:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Net income	$	44,333		$	32,214		$	126,887		$	41,074
Add back:
Income tax provision	19,964			9,197			49,347			17,601
Interest income and other	(1,400		)	(1,103		)	(2,074		)	(3,300		)
Gain on sale of business	(13,031		)	—			(13,031		)	—
Interest expense	7,246			6,760			20,073			18,811
Unallocated corporate expenses⁽¹⁾	27,806			18,827			77,576			60,166
Segment depreciation expense	7,388			6,603			21,826			20,602
Amortization of intangible assets	1,975			2,882			6,297			7,797
Segment special charges	—			—			—			26,830
Remeasurement of acquisition-related contingent consideration	—			—			—			702
Total Adjusted Segment EBITDA	$	94,281		$	75,380		$	286,901		$	190,283


⁽¹⁾	Includes $3.2 million in special charges for corporate for the nine months ended September 30, 2017. See Note 6, "Special Charges" in Part I, Item 1, of this Quarterly Report on Form 10-Q.