XML 42 R31.htm IDEA: XBRL DOCUMENT v3.24.3
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Components of Segment Information
The table below sets forth information about our operating segments for the three and nine months ended September 30, 2024 and 2023, along with the items necessary to reconcile the segment information to the totals reported in the accompanying consolidated financial statements.
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Healthcare:
Revenues before reimbursable expenses$183,136 $179,177 $553,976 $501,994 
Operating income$49,651 $46,888 $147,591 $128,294 
Segment operating income as a percentage of segment revenues before reimbursable expenses27.1 %26.2 %26.6 %25.6 %
Education:
Revenues before reimbursable expenses$121,048 $111,043 $355,384 $325,884 
Operating income$29,158 $26,550 $81,906 $77,112 
Segment operating income as a percentage of segment revenues before reimbursable expenses24.1 %23.9 %23.0 %23.7 %
Commercial:
Revenues before reimbursable expenses$65,865 $67,958 $188,304 $194,954 
Operating income$16,144 $15,432 $39,198 $39,971 
Segment operating income as a percentage of segment revenues before reimbursable expenses24.5 %22.7 %20.8 %20.5 %
Total Huron:
Revenues before reimbursable expenses$370,049 $358,178 $1,097,664 $1,022,832 
Reimbursable expenses8,040 9,288 24,827 25,918 
Total revenues $378,089 $367,466 $1,122,491 $1,048,750 
Segment operating income$94,953 $88,870 $268,695 $245,377 
Items not allocated at the segment level:
Unallocated corporate expenses 46,821 43,100 143,386 129,765 
Other gains, net(173)(14)(14,522)(202)
Restructuring charges
1,921 4,095 6,201 6,881 
Depreciation and amortization3,939 4,347 11,861 13,441 
Operating income42,445 37,342 121,769 95,492 
Other expense, net(4,864)(6,047)(14,533)(13,365)
Income before taxes$37,581 $31,295 $107,236 $82,127 
Disaggregation of Revenue
The following tables illustrate the disaggregation of segment total revenues and segment revenues before reimbursable expenses by our two principal capabilities: i) Consulting and Managed Services and ii) Digital, and includes a reconciliation to consolidated revenues before reimbursable expenses and consolidated total revenues.
Three Months Ended
September 30,		Nine Months Ended
September 30,
Total Revenues by Capability
2024202320242023
Healthcare:
Consulting and Managed Services$132,537 $135,309 $398,352 $368,896 
Digital55,155 49,665 169,989 148,228 
Total revenues
$187,692 $184,974 $568,341 $517,124 
Education:
Consulting and Managed Services$62,146 $57,028 $183,219 $165,632 
Digital61,107 56,404 178,766 167,233 
Total revenues
$123,253 $113,432 $361,985 $332,865 
Commercial:
Consulting and Managed Services$24,598 $28,774 $68,186 $70,958 
Digital42,546 40,286 123,979 127,803 
Total revenues
$67,144 $69,060 $192,165 $198,761 
Total Huron:
Consulting and Managed Services$219,281 $221,111 $649,757 $605,486 
Digital158,808 146,355 472,734 443,264 
Total revenues
$378,089 $367,466 $1,122,491 $1,048,750 
Three Months Ended
September 30,		Nine Months Ended
September 30,
Revenues before Reimbursable Expenses by Capability
2024202320242023
Healthcare:
Consulting and Managed Services$128,966 $130,548 $387,164 $357,228 
Digital54,170 48,629 166,812 144,766 
Total revenues before reimbursable expenses$183,136 $179,177 $553,976 $501,994 
Education:
Consulting and Managed Services$61,222 $55,837 $180,162 $162,490 
Digital59,826 55,206 175,222 163,394 
Total revenues before reimbursable expenses$121,048 $111,043 $355,384 $325,884 
Commercial:
Consulting and Managed Services$24,329 $28,303 $67,089 $69,419 
Digital41,536 39,655 121,215 125,535 
Total revenues before reimbursable expenses$65,865 $67,958 $188,304 $194,954 
Total Huron:
Consulting and Managed Services$214,517 $214,688 $634,415 $589,137 
Digital155,532 143,490 463,249 433,695 
Total revenues before reimbursable expenses$370,049 $358,178 $1,097,664 $1,022,832