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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
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:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Revenues
 
 
 
 
 
 
 
Corporate Finance
$
246,011

 
$
190,003

 
$
453,760

 
$
350,969

FLC
106,381

 
145,870

 
253,978

 
284,867

Economic Consulting
151,493

 
155,502

 
283,631

 
297,773

Technology
47,084

 
55,632

 
105,807

 
106,968

Strategic Communications
56,883

 
59,112

 
115,269

 
116,816

Total revenues
$
607,852


$
606,119


$
1,212,445


$
1,157,393

Adjusted Segment EBITDA
 
 
 
 
 
 
 
Corporate Finance
$
76,264

 
$
50,492

 
$
125,210

 
$
87,853

FLC
(9,047
)
 
28,241

 
12,161

 
60,058

Economic Consulting
21,694

 
23,313

 
34,404

 
47,353

Technology
6,435

 
12,875

 
20,919

 
25,598

Strategic Communications
10,034

 
10,474

 
18,810

 
22,023

Total Adjusted Segment EBITDA
$
105,380


$
125,395


$
211,504


$
242,885


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:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
Net income
$
48,174

 
$
64,598

 
$
104,921

 
$
127,243

Add back:
 
 
 
 
 
 
 
Income tax provision
14,470

 
21,313

 
30,935

 
41,243

Interest income and other
(2,202
)
 
(2,609
)
 
(7,219
)
 
(2,768
)
Interest expense
5,157

 
4,793

 
10,018

 
9,539

Unallocated corporate expenses 
30,276

 
28,892

 
53,867

 
50,995

Segment depreciation expense
7,191

 
6,556

 
14,337

 
12,920

Amortization of intangible assets
2,314

 
1,852

 
4,645

 
3,713

Total Adjusted Segment EBITDA
$
105,380


$
125,395


$
211,504


$
242,885