Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amounts of Goodwill by Operating Segment

The table below summarizes the changes in the carrying amount of goodwill by reportable segment:

	Corporate Finance &   Restructuring (1)		Forensic and Litigation Consulting (1)		Economic Consulting (1)		Technology (1)		Strategic Communications (2)		Total
Balance at December 31, 2021	$	501,046	$	237,929	$	268,858	$	96,811	$	128,147	$	1,232,791
Acquisitions (3)	12,885		—		—		—		—		12,885
Foreign currency translation adjustment and other	349		(592)		(187)		(40)		(1,234)		(1,704)
Balance at March 31, 2022	$	514,280	$	237,337	$	268,671	$	96,771	$	126,913	$	1,243,972

(1)    There were no accumulated impairment losses for the Corporate Finance & Restructuring ("Corporate Finance"), Forensic and Litigation Consulting ("FLC"), Economic Consulting or Technology segments as of March 31, 2022 and December 31, 2021.

(2)    Amounts for our Strategic Communications segment include gross carrying values of $321.1 million and $322.3 million as of March 31, 2022 and December 31, 2021, respectively, and accumulated impairment losses of $194.1 million as of March 31, 2022 and December 31, 2021.

(3)    During the three months ended March 31, 2022, we acquired a business that was assigned to the Corporate Finance segment. We recorded $12.9 million in goodwill based on a preliminary purchase price allocation as a result of the acquisition. We have included the results of the acquired business’s operations in the Corporate Finance segment since its acquisition date.

Schedule of Other Intangible Assets Amortized Intangibles

Intangible assets were as follows:

	March 31, 2022						December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets
Customer relationships	$	82,835	$	64,508	$	18,327	$	83,101	$	63,124	$	19,977
Trademarks	10,800		5,200		5,600		10,965		4,732		6,233
Acquired software and other	3,100		2,480		620		3,114		2,434		680
	96,735		72,188		24,547		97,180		70,290		26,890
Non-amortizing intangible assets
Trademarks	5,100		—		5,100		5,100		—		5,100
Total	$	101,835	$	72,188	$	29,647	$	102,280	$	70,290	$	31,990

Schedule of Other Intangible Assets Unamortized Intangibles

Intangible assets were as follows:

	March 31, 2022						December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets
Customer relationships	$	82,835	$	64,508	$	18,327	$	83,101	$	63,124	$	19,977
Trademarks	10,800		5,200		5,600		10,965		4,732		6,233
Acquired software and other	3,100		2,480		620		3,114		2,434		680
	96,735		72,188		24,547		97,180		70,290		26,890
Non-amortizing intangible assets
Trademarks	5,100		—		5,100		5,100		—		5,100
Total	$	101,835	$	72,188	$	29,647	$	102,280	$	70,290	$	31,990

Schedule of Future Amortization Expense Intangible Assets

We estimate our future amortization expense for our intangible assets with finite lives to be as follows:

Year	As of March 31, 2022 (1)
2022 (remaining)	$	6,439
2023	5,049
2024	3,653
2025	2,996
2026	1,762
Thereafter	4,648
	$	24,547

(1)Actual amortization expense to be reported in future periods could differ from these estimates as a result of new intangible asset acquisitions, impairments, changes in useful lives, or other relevant factors or changes.