XML 122 R45.htm IDEA: XBRL DOCUMENT v3.20.4

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2020

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:

			Year Ended December 31,
			2020						2019						2018
Revenues
Corporate Finance			$	910,184					$	723,721					$	564,479
FLC			500,275						577,780						520,333
Economic Consulting			599,088						592,542						533,979
Technology			223,016						215,584						185,755
Strategic Communications			228,712						243,090						223,331
Total revenues			$	2,461,275					$	2,352,717					$	2,027,877
Adjusted Segment EBITDA
Corporate Finance			$	216,830					$	160,735					$	121,660
FLC			33,374						104,435						96,821
Economic Consulting			91,432						84,112						69,955
Technology			43,013						45,688						27,387
Strategic Communications			38,975						44,544						42,918
Total Adjusted Segment EBITDA			$	423,624					$	439,514					$	358,741

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,
			2020						2019						2018
Net income			$	210,682					$	216,726					$	150,611
Add back:
Income tax provision			51,764						71,724						57,181
Interest income and other			412						(2,061)						(4,977)
Interest expense			19,805						19,206						27,149
Gain on sale of business			—						—						(13,031)
Loss on early extinguishment of debt			—						—						9,072
Unallocated corporate expenses (1)			94,463						98,398						96,595
Segment depreciation expense			29,381						27,369						27,979
Amortization of intangible assets			10,387						8,152						8,162
Segment special charges			6,730						—						—
Total Adjusted Segment EBITDA			$	423,624					$	439,514					$	358,741

(1)Includes a $0.4 million special charge.

Schedule of Assets by Segments

The table below presents assets by reportable segment, reconciled to consolidated amounts. Segment assets primarily include accounts and notes receivable, fixed assets purchased specifically for the segment, goodwill and intangible assets.

			December 31,
			2020						2019
Corporate Finance			$	925,082					$	814,820
FLC			412,803						462,155
Economic Consulting			553,217						543,475
Technology			200,396						200,430
Strategic Communications			214,503						217,129
Total segment assets			2,306,001						2,238,009
Unallocated corporate assets			471,362						545,133
Total assets			$	2,777,363					$	2,783,142

Schedule of Revenues Based on Location of Legal Entity and Information on Long-Lived Assets and Net Assets

The table below details total revenues by country. Revenues have been attributed to locations based on the location of the legal entity generating the revenues.

			Year Ended December 31,
			2020						2019						2018
U.S.			$	1,544,777					$	1,555,133					$	1,372,116
U.K.			421,125						389,338						302,576
All other foreign countries			495,373						408,246						353,185
Total revenues			$	2,461,275					$	2,352,717					$	2,027,877

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, 2020																		December 31, 2019
			U.S.						U.K.						All Other Foreign Countries						U.S.						U.K.						All Other Foreign Countries
Property and equipment, net			$	64,923					$	19,150					$	17,569					$	63,563					$	16,423					$	13,686
Net assets			$	763,159					$	196,708					$	440,314					$	925,288					$	196,087					$	367,767

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=120311839&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=120311839&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=120311839&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=120395209&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=120311839&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=120311839&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=121556970&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 30
-URI http://asc.fasb.org/extlink&oid=120311839&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