XML 22 R43.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Segment Reporting (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Segment Reporting [Abstract] |
Schedule of 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 years ended December 31, 2019, 2018 and 2017.
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Revenues |  |  |  |  |
Corporate Finance | $ | 723,721 |  |  | $ | 564,479 |  |  | $ | 482,041 |
FLC | 577,780 |  |  | 520,333 |  |  | 462,324 |
Economic Consulting | 592,542 |  |  | 533,979 |  |  | 496,029 |
Technology | 215,584 |  |  | 185,755 |  |  | 174,850 |
Strategic Communications | 243,090 |  |  | 223,331 |  |  | 192,488 |
Total revenues | $ | 2,352,717 |  |  | $ | 2,027,877 |  |  | $ | 1,807,732 |
Adjusted Segment EBITDA |  |  |  |  |
Corporate Finance | $ | 160,735 |  |  | $ | 121,660 |  |  | $ | 82,863 |
FLC | 104,435 |  |  | 96,821 |  |  | 72,705 |
Economic Consulting | 84,112 |  |  | 69,955 |  |  | 61,964 |
Technology | 45,688 |  |  | 27,387 |  |  | 22,171 |
Strategic Communications | 44,544 |  |  | 42,918 |  |  | 27,732 |
Total Adjusted Segment EBITDA | $ | 439,514 |  |  | $ | 358,741 |  |  | $ | 267,435 |
Schedule of Reconciliation of Net Income to Adjusted Segment Earnings before Interest, Taxes, Depreciation and Amortization | The table below reconciles net income to Total Adjusted Segment EBITDA. Unallocated corporate expenses primarily include indirect costs related to centrally managed administrative functions that have not been allocated to the segments. These administrative costs include costs related to executive management, legal, corporate office support costs, information technology, accounting, marketing, human resources and company-wide business development and strategy functions.
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Net income | $ | 216,726 |  |  | $ | 150,611 |  |  | $ | 107,962 |
Add back: |  |  |  |  |
Income tax provision (benefit) | 71,724 |  |  | 57,181 |  |  | (20,857 | )
Interest income and other | (2,061 | ) |  | (4,977 | ) |  | (3,752 | )
Interest expense | 19,206 |  |  | 27,149 |  |  | 25,358 |
Gain on sale of business | — |  |  | (13,031 | ) |  | — |
Loss on early extinguishment of debt | — |  |  | 9,072 |  |  | — |
Unallocated corporate expenses | 98,398 |  |  | 96,595 |  |  | 83,140 |
Segment depreciation expense | 27,369 |  |  | 27,979 |  |  | 27,112 |
Amortization of intangible assets | 8,152 |  |  | 8,162 |  |  | 10,563 |
Segment special charges | — |  |  | — |  |  | 37,207 |
Remeasurement of acquisition-related contingent consideration | — |  |  | — |  |  | 702 |
Total Adjusted Segment EBITDA | $ | 439,514 |  |  | $ | 358,741 |  |  | $ | 267,435 |
Schedule of Assets by Segments | The table below presents assets by segment. Segment assets primarily include accounts and notes receivable, fixed assets purchased specifically for the segment, goodwill and other intangible assets.
| December 31,
| 2019 |  | 2018
Corporate Finance | $ | 814,820 |  |  | $ | 707,924 |
FLC | 462,155 |  |  | 412,667 |
Economic Consulting | 543,475 |  |  | 516,123 |
Technology | 200,430 |  |  | 171,002 |
Strategic Communications | 217,129 |  |  | 212,147 |
Total segment assets | 2,238,009 |  |  | 2,019,863 |
Unallocated corporate assets | 545,133 |  |  | 359,258 |
Total assets | $ | 2,783,142 |  |  | $ | 2,379,121 |
Schedule of Revenues Based on Location of Legal Entity and Information on Long-Lived Assets and Net Assets | The table below details information on our revenues for the years ended December 31, 2019, 2018 and 2017. Revenues have been attributed to locations based on the location of the legal entity generating the revenues.
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
U.S. | $ | 1,555,133 |  |  | $ | 1,372,116 |  |  | $ | 1,262,682 |
United Kingdom | 389,338 |  |  | 302,576 |  |  | 251,843 |
All other foreign countries | 408,246 |  |  | 353,185 |  |  | 293,207 |
Total revenues | $ | 2,352,717 |  |  | $ | 2,027,877 |  |  | $ | 1,807,732 |
We do not have a single customer that represents 10% or more of our consolidated revenues. The table below details information on our long-lived assets and net assets by geographic location, which is based on the location of the legal entity holding the assets. We define net assets as total assets less total liabilities.
| December 31, 2019 |  | December 31, 2018
| U.S. |  | United Kingdom |  | All Other Foreign Countries |  | U.S. |  | United Kingdom |  | All Other Foreign Countries
Property and equipment, net | $ | 63,563 |  |  | $ | 16,423 |  |  | $ | 13,686 |  |  | $ | 59,611 |  |  | $ | 14,023 |  |  | $ | 10,943 |
Net assets | $ | 925,288 |  |  | $ | 196,087 |  |  | $ | 367,767 |  |  | $ | 867,321 |  |  | $ | 160,894 |  |  | $ | 320,610 |

X
- Definition Reconciliation of adjusted segment EBITDA to income before income tax provision. + References No definition available. + Details
Name: | fcn_ScheduleOfReconciliationOfAdjustedSegmentEBITDATableTableTextBlock
Namespace Prefix: | fcn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration