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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2023

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,
			2023						2022						2021
Revenues
Corporate Finance (1)			$	1,346,678					$	1,147,118					$	979,350
FLC (1)			654,105						579,933						544,454
Economic Consulting			771,374						695,208						697,405
Technology			387,855						319,983						287,366
Strategic Communications			329,230						286,666						267,647
Total revenues			$	3,489,242					$	3,028,908					$	2,776,222
Adjusted Segment EBITDA
Corporate Finance (1)			$	230,837					$	214,809					$	158,019
FLC (1)			88,109						63,573						70,008
Economic Consulting			115,807						103,090						117,186
Technology			62,711						46,698						55,739
Strategic Communications			50,909						50,620						54,313
Total Adjusted Segment EBITDA			$	548,373					$	478,790					$	455,265

(1)Effective July 1, 2023, prior period segment information for the Corporate Finance and FLC segments has been recast in this Annual Report to include the reclassification of the portion of the Company’s health solutions practice in the FLC segment to our realigned business transformation practice within our Corporate Finance segment.

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,
			2023						2022						2021
Net income			$	274,892					$	235,514					$	234,966
Add back:
Income tax provision			83,471						62,235						62,981
Interest income and other			4,867						(3,918)						(6,193)
Interest expense			14,331						10,047						20,294
Unallocated corporate expenses			125,420						124,830						104,457
Segment depreciation expense			39,233						32,876						31,072
Amortization of intangible assets			6,159						9,642						10,818
Segment special charges			—						7,564						—
Remeasurement of acquisition-related contingent consideration			—						—						(3,130)
Total Adjusted Segment EBITDA			$	548,373					$	478,790					$	455,265

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,
			2023						2022
Corporate Finance (1)			$	1,057,999					$	1,035,410
FLC (1)			445,289						468,114
Economic Consulting			592,985						540,133
Technology			256,077						211,218
Strategic Communications			232,279						205,464
Total segment assets			2,584,629						2,460,339
Unallocated corporate assets			741,249						781,068
Total assets			$	3,325,878					$	3,241,407

(1)Effective July 1, 2023, prior period segment information for the Corporate Finance and FLC segments has been recast in this Annual Report to include the reclassification of the portion of the Company’s health solutions practice in the FLC segment to our realigned business transformation practice within our Corporate Finance segment.

Schedule of Revenues Based on Location of Legal Entity Generating the Revenues

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,
			2023						2022						2021
U.S.			$	2,209,276					$	1,922,337					$	1,708,673
U.K.			471,134						419,197						461,354
All other foreign countries (1)			808,832						687,374						606,195
Total revenues			$	3,489,242					$	3,028,908					$	2,776,222

(1) There are no countries included in these amounts that individually represented more than 10 percent of total revenues for the years ended December 31, 2023, 2022 and 2021.

Schedule of Long-Lived Assets Based on Location of Legal Entity Holding the Assets

The table below details information on our long-lived assets, which include property and equipment, net and non-current operating lease assets, by country. Long-lived assets have been attributed to locations based on the location of the legal entity holding the assets.

			December 31,
			2023						2022
U.S.			$	224,467					$	237,090
U.K.			38,045						41,343
All other foreign countries (1)			106,060						78,797
Total long-lived assets			$	368,572					$	357,230

(1) There are no countries included in these amounts that individually represented more than 10 percent of long-lived assets as of December 31, 2023 and 2022.

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