BUSINESS INFORMATION

6 Months Ended

Jun. 30, 2016

BUSINESS INFORMATION

BUSINESS INFORMATION

15. BUSINESS INFORMATION

        The Company's activities as an investment banking advisory firm constitute a single business segment offering clients, including corporations, governments and financial sponsors, a range of advisory services with expertise across all major industries in mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters.

        We do not allocate our revenue by the type of advice we provide because of the complexity of the transactions on which we may earn revenue and our comprehensive approach to client service. For example, a restructuring engagement may evolve to require a sale of all or a portion of the client, M&A assignments can develop from relationships established on prior restructuring engagements and capital markets expertise can be instrumental on both M&A and restructuring assignments.

        There were no clients that accounted for more than 10% of revenues for the three or six months ended June 30, 2016 or 2015. Since the financial markets are global in nature, the Company generally manages its business based on the operating results of the enterprise taken as whole, not by geographic region. The following table sets forth the geographical distribution of revenues and assets based on the location of the office that generates the revenues or holds the assets, and therefore may not be reflective of the geography in which our clients are located.

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Revenues:
United States	$	106,219	$	95,086	$	212,952	$	164,517
Europe		13,328		23,573		24,122		48,995
Rest of World		12,178		7,214		21,015		11,773
Total	$	131,725	$	125,873	$	258,089	$	225,285

	June 30, 2016		December 31, 2015
Assets:
United States	$	367,431	$	463,984
Europe		26,054		45,067
Rest of World		39,500		30,410
Total	$	432,985	$	539,461