Goodwill and Other Intangible Assets

8. Acquisitions

Certain acquisition-related restricted stock agreements entered into prior to January 1, 2009 contained stock price guarantees that would result in cash payments if our per share price fell below a specified per share market value on the date that the applicable stock restrictions lapsed (the “determination date”). For those acquisitions, the settlement of the stock price guarantees related to our common stock price was recorded as a reduction to additional paid-in capital as of the determination dates. During the three and six months ended June 30, 2013, we paid $3.1 million and $3.9 million, respectively, in cash in relation to the stock price guarantees on certain shares of common stock that became unrestricted, which was recorded as a reduction to additional paid-in-capital on the Condensed Consolidated Balance Sheets. As of June 30, 2013, no further acquisition-related stock price guarantees are outstanding.

2013 Acquisitions

During the second quarter of 2013, we completed two business combinations. The total purchase price included initial consideration with a value of $26.8 million plus acquisition-related contingent consideration. The contingent consideration is payable through the next five years if the acquired businesses meet certain performance measures.

During the first quarter of 2013, we completed two business combinations. The total purchase price included initial consideration with a value of $9.1 million plus, for one of the business combinations, acquisition-related contingent consideration. The contingent consideration is payable annually through December 31, 2017 if the acquired business meets certain performance measures, and is subject to an $8.0 million aggregate cap.

For acquisitions completed during the six months ended June 30, 2013, as part of the preliminary purchase price allocations, we recorded $9.4 million in identifiable intangible assets and $27.2 million in goodwill. The estimated fair value of the acquisition-related contingent consideration of $8.2 million is recorded in “Other liabilities” on the Consolidated Balance Sheets. Pro forma results of operations were not presented because these acquisitions were not material in relation to our consolidated financial position or results of operations for the periods presented.

Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2013

9. Goodwill and Other Intangible Assets

The changes in the carrying amounts of goodwill by operating segment for the six months ended June 30, 2013, are as follows:


	Corporate Finance/ Restructuring			Forensic and Litigation Consulting			Economic Consulting			Technology			Strategic Communications			Total
Balances at December 31, 2012	$	469,050		$	198,957		$	247,718		$	118,035		$	226,275		$	1,260,035
Acquisitions⁽¹⁾		12,393			1,050			1,925			—			5,220			20,588
Foreign currency translation adjustment		(4,833	)		(2,059	)		(506	)		(105	)		(9,954	)		(17,457	)
Intersegment transfers in/(out)⁽²⁾		(31,471	)		31,471			—			—			—			—

Balances at June 30, 2013	$	445,139		$	229,419		$	249,137		$	117,930		$	221,541		$	1,263,166

⁽¹⁾	Includes adjustments during the purchase price allocation period.

⁽²⁾	Includes the reclassification of the Corporate Finance/Restructuring segment’s healthcare and life sciences practices into the Forensic and Litigation Consulting segment. See Note 15 “Segment Reporting” for information on this segment reclassification.

Other intangible assets with finite lives are amortized over their estimated useful lives. For intangible assets with finite lives, we recorded amortization expense of $6.0 million and $11.5 million for the three and six months ended June 30, 2013, respectively and $5.7 million and $11.2 million for the three and six months ended June 30, 2012, respectively. Based solely on the amortizable intangible assets recorded as of June 30, 2013, we estimate amortization expense to be $10.8 million during the remainder of 2013, $13.2 million in 2014, $12.2 million in 2015, $10.7 million in 2016, $9.9 million in 2017, $8.6 million in 2018, and $30.7 million in years after 2018. Actual amortization expense to be reported in future periods could differ from these estimates as a result of new intangible asset acquisitions, finalization of asset valuations for newly acquired assets, changes in useful lives, and changes in value due to foreign currency translation or other factors.


	Useful Life in Years	June 30, 2013				December 31, 2012
	Useful Life in Years	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Finite lived intangible assets
Customer relationships	1 to 15	$	155,023	$	65,093	$	151,990	$	64,095
Non-competition agreements	1 to 10		10,979		8,527		15,184		11,158
Software	3 to 10		33,948		30,518		33,979		27,424
Tradenames	1 to 2		450		187		180		75

			200,400		104,325		201,333		102,752
Indefinite-lived intangible assets
Tradenames	Indefinite		5,600		—		5,600		—

		$	206,000	$	104,325	$	206,933	$	102,752

Long-term Debt and Capital Lease Obligations

6 Months Ended

Jun. 30, 2013

Long-term Debt and Capital Lease Obligations

10. Long-term Debt and Capital Lease Obligations

The components of long-term debt and capital lease obligations are presented in the table below:


	June 30, 2013		December 31, 2012
6³/₄% senior notes due 2020	$	400,000	$	400,000
6.0% senior notes due 2022		300,000		300,000
Notes payable to former shareholders of acquired businesses		23,000		23,000

Total debt		723,000		723,000
Less current portion		6,000		6,000

Long-term debt, net of current portion		717,000		717,000

Total capital lease obligations		—		45
Less current portion		—		21

Capital lease obligations, net of current portion		—		24

Long-term debt and capital lease obligations, net of current portion	$	717,000	$	717,024

6.0% Senior Notes Due 2022

On November 27, 2012, we completed the private offering of $300.0 million aggregate principal amount of our 2022 Notes. The 2022 Notes were issued at a price of 100% of their principal amount. The 2022 Notes and related guarantees were offered only to qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States (“U.S.”) to non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act. On May 22, 2013, the Company filed a Registration Statement on Form S-4 with the SEC to register the exchange offer of the 2022 Notes for publicly registered senior notes with identical terms, which was declared effective on June 27, 2013. The Company completed the exchange offer of all outstanding 2022 Notes for publically registered notes on July 26, 2013.

Commitments and Contingencies

6 Months Ended

Jun. 30, 2013

Commitments and Contingencies

11. Commitments and Contingencies

Contingencies

We are subject to legal actions arising in the ordinary course of business. In management’s opinion, we believe we have adequate legal defenses and/or insurance coverage with respect to the resolutions of such actions. We do not believe any potential settlement or judgment would materially affect our financial position or results of operations.

Share-Based Compensation

6 Months Ended

Jun. 30, 2013

Share-Based Compensation

12. Share-Based Compensation

Share-based Awards and Share-based Compensation Expense

Our officers, employees, non-employee directors and certain individual service providers are eligible to participate in the Company’s equity compensation plans, subject to the discretion of the administrator of the plans. During the six months ended June 30, 2013, we granted an aggregate of 857,328 share-based awards, consisting primarily of restricted stock awards, restricted stock units and stock options.

Total share-based compensation expense for the three and six months ended June 30, 2013 and 2012 is detailed in the following table:


	Three Months Ended June 30,				Six Months Ended June 30,
Comprehensive Income Statement Classification	2013		2012		2013		2012
Direct cost of revenues	$	3,742	$	3,025	$	10,699	$	9,408
Selling, general and administrative expense		3,524		3,239		6,500		7,159
Special charges		—		814		—		814

Total share-based compensation expense	$	7,266	$	7,078	$	17,199	$	17,381

Income Taxes

6 Months Ended

Jun. 30, 2013

Income Taxes

13. Income Taxes

During the second quarter of 2013, we determined that certain deferred tax assets associated with U.S. future foreign tax credits no longer met the “more-likely-than-not” test regarding the realization of those assets primarily due to lower forecasted foreign earnings. Accordingly, the Company increased the valuation allowance against its U.S. future foreign tax credit assets, resulting in a discrete adjustment to the income tax provision in the amount of $6.9 million. As of June 30, 2013 and December 31, 2012, valuation allowances of $9.4 million and $1.9 million, respectively, were recorded against the Company’s net deferred tax assets. We have not established a valuation allowance for any of our other deferred tax assets as we expect that future taxable income as well as the reversal of temporary differences will enable us to fully utilize our deferred tax assets.

As of June 30, 2013, all of the Company’s undistributed non-U.S. subsidiary earnings are considered permanently invested. Accordingly, as of June 30, 2013, we have not provided for deferred taxes on $15.7 million of the undistributed non-U.S. subsidiary earnings. A deferred tax liability will be recognized if and when the Company is no longer able to demonstrate that it plans to permanently reinvest undistributed earnings. If these earnings were repatriated, the Company would be subject to U.S. income taxes. The amount of the unrecognized deferred U.S. income tax liability associated with the indefinitely reinvested undistributed earnings is estimated to be approximately $5.5 million as of June 30, 2013.

Our liability for uncertain tax positions was $2.3 million and $3.8 million at June 30, 2013 and December 31, 2012, respectively. During the first quarter of 2013, the Company effectively settled certain prior year tax matters. As a result, the Company reversed approximately $2.2 million of its liability for uncertain tax positions.

The Company has estimated its annual effective tax rate for the full fiscal year 2013 and applied that rate to its income before income taxes in determining its provision for income taxes for the three and six months ended June 30, 2013. The Company also records discrete items in each respective period as appropriate. For the three months ended June 30, 2013, the Company recorded net discrete adjustments of $7.1 million to the income tax provision that resulted in an effective tax rate of 49.8%, as compared to an effective tax rate of 31.3% for the three months ended June 30, 2012. Excluding the impact of this item, the Company’s effective tax rate would have been 34.6%. For the six months ended June 30, 2013, the Company recorded net discrete adjustments of $4.6 million to the income tax provision that resulted in an effective tax rate of 41.3%, as compared to an effective tax rate of 35.0% for the six months ended June 30, 2012. Excluding the impact of these items, the Company’s effective tax rate would have been 35.6%.

Stockholders' Equity

6 Months Ended

Jun. 30, 2013

Stockholders' Equity

14. Stockholders’ Equity

On June 6, 2012, our Board of Directors authorized a two-year stock repurchase program of up to $250.0 million (the “2012 Repurchase Program”). During the three months ended March 31, 2013, we repurchased and retired 826,800 shares of our common stock for an average price per share of $34.78, with a value equivalent to approximately $28.8 million. No share repurchases were made during the three months ended June 30, 2013. During the year ended December 31, 2012 we repurchased and retired 1,681,029 shares of our common stock for an average price per share of $29.76 with a value equivalent to approximately $50.0 million. As of June 30, 2013, a balance of approximately $171.2 million remained available under the 2012 Repurchase Program.

Segment Reporting

6 Months Ended

Jun. 30, 2013

Segment Reporting

15. Segment Reporting

We manage our business in five reportable segments: Corporate Finance/Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications.

Our Corporate Finance/Restructuring segment focuses on strategic, operational, financial and capital needs of businesses around the world and provides consulting and advisory services on a wide range of areas, such as restructuring (including bankruptcy), interim management, financings, mergers and acquisitions, post-acquisition integration, valuations, tax issues and performance improvement.

Our Forensic and Litigation Consulting segment provides law firms, companies, government clients and other interested parties with dispute advisory, investigations, forensic accounting, business intelligence assessments, data analytics, risk mitigation services as well as interim management and performance improvement services for our health solutions practice clients.

Our Economic Consulting segment provides law firms, companies, government entities and other interested parties with analysis of complex economic issues for use in legal, regulatory and international arbitration proceedings, strategic decision making and public policy debates in the U.S. and around the world.

Our Technology segment provides electronic discovery and information management consulting, software and services to its clients. It provides products, services and consulting to companies, law firms, courts and government agencies worldwide. Its comprehensive suite of software and services help clients locate, review and produce electronically stored information, including e-mail, computer files, voicemail, instant messaging, and financial and transactional data.

Our Strategic Communications segment provides advice and consulting services relating to financial and corporate communications and investor relations, reputation management and brand communications, public affairs, business consulting and digital design and marketing.

Effective in the first quarter of 2013, we modified our reportable segments to reflect changes in how we operate our business and the related internal management reporting. The Company’s healthcare and life sciences practices from both our Corporate Finance/Restructuring segment and our Forensic and Litigation Consulting segment have been combined under a single organizational structure. This single integrated practice, our health solutions practice, is now aggregated in its entirety within the Forensic and Litigation Consulting reportable segment. Prior period Corporate Finance/Restructuring and Forensic and Litigation Consulting segment information has been reclassified to conform to the current period presentation.

We evaluate the performance of our operating segments based on Adjusted Segment EBITDA. We define Adjusted Segment EBITDA as a segment’s share of consolidated operating income before depreciation, amortization of intangible assets, special charges and goodwill impairment charges. We define Total Adjusted Segment EBITDA as the total of Adjusted Segment EBITDA for all segments, which excludes unallocated corporate expenses. Although Adjusted Segment EBITDA is not a measure of financial condition or performance determined in accordance with GAAP, we use Adjusted Segment EBITDA to internally evaluate the financial performance of our segments because we believe it is a useful supplemental measure which reflects current core operating performance and provides an indicator of the segment’s ability to generate cash.

The table below presents revenues and Adjusted Segment EBITDA for our reportable segments for the three and six months ended June 30, 2013 and 2012:


	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Revenues
Corporate Finance/Restructuring	$	96,714	$	96,187	$	195,794	$	193,061
Forensic and Litigation Consulting		105,120		106,256		205,844		209,891
Economic Consulting		111,014		99,455		226,208		199,507
Technology		51,196		47,697		97,900		97,357
Strategic Communications		50,569		46,648		96,045		91,655

Revenues	$	414,613	$	396,243	$	821,791	$	791,471

Adjusted Segment EBITDA
Corporate Finance/Restructuring	$	24,123	$	27,296	$	43,208	$	51,468
Forensic and Litigation Consulting		20,693		19,542		33,504		34,211
Economic Consulting		20,803		18,491		46,997		36,915
Technology		16,888		12,849		30,604		26,064
Strategic Communications		5,219		4,970		8,773		9,499

Total Adjusted Segment EBITDA⁽¹⁾	$	87,726	$	83,148	$	163,086	$	158,157

⁽¹⁾	Total Adjusted Segment EBITDA is the total of Adjusted Segment EBITDA for all segments.

The table below reconciles Total Adjusted Segment EBITDA to the income before income tax provision:


	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Total Adjusted Segment EBITDA⁽¹⁾	$	87,726		$	83,148		$	163,086		$	158,157
Segment depreciation expense		(6,944	)		(6,335	)		(13,820	)		(12,608	)
Amortization of other intangible assets		(5,953	)		(5,490	)		(11,517	)		(11,007	)
Special Charges		—			(26,782	)		(427	)		(26,782	)
Unallocated corporate expenses, excluding special charges		(14,570	)		(17,709	)		(31,734	)		(39,981	)
Interest income and other		(387	)		(363	)		550			2,919
Interest expense		(13,071	)		(15,195	)		(25,786	)		(30,399	)

Income before income tax provision	$	46,801		$	11,274		$	80,352		$	40,299

⁽¹⁾	Total Adjusted Segment EBITDA is the total of Adjusted Segment EBITDA for all segments.

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information

6 Months Ended

Jun. 30, 2013

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information

16. Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information

Substantially all of our domestic subsidiaries are guarantors of borrowings under our senior bank credit facility and 2020 Senior Notes and 2022 Senior Notes (collectively, the “Senior Notes”). The guarantees are full and unconditional and joint and several. All of the guarantors are 100%-owned, direct or indirect, subsidiaries. The following financial information presents condensed consolidating balance sheets, statements of comprehensive income (loss) and statements of cash flows for FTI Consulting, all the guarantor subsidiaries, all the non-guarantor subsidiaries and the eliminations necessary to arrive at the consolidated information for FTI Consulting and its subsidiaries. For purposes of this presentation, we have accounted for our investments in our subsidiaries using the equity method of accounting. The principal eliminating entries eliminate investment in subsidiary and intercompany balances and transactions.

Condensed Consolidating Balance Sheet Information as of June 30, 2013


	FTI Consulting, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Cash and cash equivalents	$	19,671	$	308	$	72,575	$	—		$	92,554
Accounts receivable, net		149,013		186,230		144,789		—		$	480,032
Intercompany receivables		—		729,235		—		(729,235	)	$	—
Other current assets		52,287		19,289		20,615		—		$	92,191

Total current assets		220,971		935,062		237,979		(729,235	)		664,777
Property and equipment, net		33,641		18,683		13,283		—		$	65,607
Goodwill		559,519		425,864		277,783		—		$	1,263,166
Other intangible assets, net		35,754		23,797		72,129		(30,005	)	$	101,675
Investments in subsidiaries		1,768,811		511,827		—		(2,280,638	)	$	—
Other assets		96,327		62,491		27,766		(10,928	)	$	175,656

Total assets	$	2,715,023	$	1,977,724	$	628,940	$	(3,050,806	)	$	2,270,881

Liabilities
Intercompany payables	$	648,931	$	67,108	$	13,196	$	(729,235	)	$	—
Other current liabilities		90,049		85,967		85,762		—		$	261,778

Total current liabilities		738,980		153,075		98,958		(729,235	)		261,778
Long-term debt, net		700,000		17,000		—		—		$	717,000
Other liabilities		196,476		20,690		6,298		(10,928	)	$	212,536

Total liabilities		1,635,456		190,765		105,256		(740,163	)		1,191,314
Stockholders’ equity		1,079,567		1,786,959		523,684		(2,310,643	)	$	1,079,567

Total liabilities and stockholders’ equity	$	2,715,023	$	1,977,724	$	628,940	$	(3,050,806	)	$	2,270,881

Condensed Consolidating Balance Sheet Information as of December 31, 2012


	FTI Consulting, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Cash and cash equivalents	$	66,663	$	610	$	89,512	$	—		$	156,785
Restricted cash		—		—		1,190		—			1,190
Accounts receivable, net		140,254		149,253		139,733		—			429,240
Intercompany receivables		7,053		674,136		23,185		(704,374	)		—
Other current assets		46,978		20,469		19,713		—			87,160

Total current assets		260,948		844,468		273,333		(704,374	)		674,375
Property and equipment, net		37,411		16,477		14,304		—			68,192
Goodwill		558,473		418,789		282,773		—			1,260,035
Other intangible assets, net		36,826		23,975		74,967		(31,587	)		104,181
Investments in subsidiaries		1,631,243		502,954		—		(2,134,197	)		—
Other assets		85,109		66,170		28,318		(10,928	)		168,669

Total assets	$	2,610,010	$	1,872,833	$	673,695	$	(2,881,086	)	$	2,275,452

Liabilities
Intercompany payables	$	549,339	$	112,137	$	42,898	$	(704,374	)	$	—
Other current liabilities		118,865		79,533		105,799		—			304,197

Total current liabilities		668,204		191,670		148,697		(704,374	)		304,197
Long-term debt, net		700,024		17,000		—		—			717,024
Other liabilities		173,550		10,479		12,898		(10,928	)		185,999

Total liabilities		1,541,778		219,149		161,595		(715,302	)		1,207,220
Stockholders’ equity		1,068,232		1,653,684		512,100		(2,165,784	)		1,068,232

Total liabilities and stockholders’ equity	$	2,610,010	$	1,872,833	$	673,695	$	(2,881,086	)	$	2,275,452

Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2013


	FTI Consulting, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	144,390		$	254,394	$	113,565		$	(97,736	)	$	414,613
Operating expenses
Direct cost of revenues		92,781			192,526		70,725			(96,504	)		259,528
Selling, general and administrative expense		38,575			28,614		30,367			(1,231	)		96,325
Acquisition-related contingent consideration		92			195		(7,739	)		—			(7,452	)
Amortization of other intangible assets		1,095			2,501		3,146			(789	)		5,953

Operating income		11,847			30,558		17,066			788			60,259
Other (expense) income		(16,773	)		202		3,113			—			(13,458	)

Income (loss) before income tax provision		(4,926	)		30,760		20,179			788			46,801
Income tax (benefit) provision		(4,290	)		24,090		3,515			—			23,315
Equity in net earnings of subsidiaries		24,122			15,679		—			(39,801	)		—

Net income		23,486			22,349		16,664			(39,013	)		23,486

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax $0		—			—		(11,714	)		—			(11,714	)

Other comprehensive income (loss), net of tax		—			—		(11,714	)		—			(11,714	)

Comprehensive income	$	23,486		$	22,349	$	4,950		$	(39,013	)	$	11,772

Condensed Consolidating Statement of Comprehensive Income (Loss) for the Three Months Ended June 30, 2012


	FTI Consulting, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	151,442		$	241,033		$	101,451		$	(97,683	)	$	396,243
Operating expenses
Direct cost of revenues		96,450			180,788			66,080			(95,098	)		248,220
Selling, general and administrative expense		39,041			28,507			27,497			(2,585	)		92,460
Special Charges		16,731			4,287			5,764						26,782
Acquisition-related contingent consideration		—			—			(3,541	)		—			(3,541	)
Amortization of other intangible assets		1,297			2,473			2,541			(821	)		5,490

Operating income		(2,077	)		24,978			3,110			821			26,832
Other (expense) income		(17,469	)		(195	)		2,106			—			(15,558	)

Income (loss) before income tax provision		(19,546	)		24,783			5,216			821			11,274
Income tax (benefit) provision		(9,666	)		12,910			283			—			3,527
Equity in net earnings of subsidiaries		17,627			5,741			—			(23,368	)		—

Net income		7,747			17,614			4,933			(22,547	)		7,747

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax $0		—			—			(10,960	)		—			(10,960	)

Other comprehensive income (loss), net of tax		—			—			(10,960	)		—			(10,960	)

Comprehensive income (loss)	$	7,747		$	17,614		$	(6,027	)	$	(22,547	)	$	(3,213	)

Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2013


	FTI Consulting, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	295,350		$	501,055	$	221,561		$	(196,175	)	$	821,791
Operating expenses
Direct cost of revenues		193,618			379,873		138,698			(194,181	)		518,008
Selling, general and administrative expense		81,471			56,590		56,905			(1,994	)		192,972
Special charges		323			104		—			—			427
Acquisition-related contingent consideration		179			195		(7,095	)		—			(6,721	)
Amortization of other intangible assets		2,322			4,948		5,829			(1,582	)		11,517

Operating income		17,437			59,345		27,224			1,582			105,588
Other (expense) income		(31,713	)		531		5,946			—			(25,236	)

Income (loss) before income tax provision		(14,276	)		59,876		33,170			1,582			80,352
Income tax (benefit) provision		(7,221	)		34,062		6,345			—			33,186
Equity in net earnings of subsidiaries		54,221			24,114		—			(78,335	)		—

Net income		47,166			49,928		26,825			(76,753	)		47,166

Other comprehensive income, net of tax:
Foreign currency translation adjustments, net of tax $0		—			—		(27,223	)		—			(27,223	)

Other comprehensive income, net of tax		—			—		(27,223	)		—			(27,223	)

Comprehensive income	$	47,166		$	49,928	$	(398	)	$	(76,753	)	$	19,943

Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2012


	FTI Consulting, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	305,023		$	482,749	$	203,509		$	(199,810	)	$	791,471
Operating expenses
Direct cost of revenues		197,625			362,737		128,999			(195,523	)		493,838
Selling, general and administrative expense		86,435			57,559		55,342			(4,287	)		195,049
Special charges		16,731			4,287		5,764			—			26,782
Acquisition-related contingent consideration		—			—		(2,984	)		—			(2,984	)
Amortization of other intangible assets		2,600			4,950		5,097			(1,640	)		11,007

Operating income		1,632			53,216		11,291			1,640			67,779
Other (expense) income		(30,456	)		35,987		1,874			(34,885	)		(27,480	)

Income (loss) before income tax provision		(28,824	)		89,203		13,165			(33,245	)		40,299
Income tax (benefit) provision		(28,380	)		40,724		1,777			—			14,121
Equity in net earnings of subsidiaries		26,622			13,383		—			(40,005	)		—

Net income		26,178			61,862		11,388			(73,250	)		26,178

Other comprehensive income, net of tax:
Foreign currency translation adjustments, net of tax $0		—			—		1,889			—			1,889

Other comprehensive income, net of tax		—			—		1,889			—			1,889

Comprehensive income	$	26,178		$	61,862	$	13,277		$	(73,250	)	$	28,067

Condensed Consolidating Statement of Cash Flow for the Six Months Ended June 30, 2013


	FTI Consulting, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Operating activities
Net cash (used in) provided by operating activities	$	(59,591	)	$	50,836		$	28,124		$	19,369
Investing activities
Payments for acquisition of businesses, net of cash received		(11,601	)		(7,157	)		(21,754	)		(40,512	)
Purchases of property and equipment		(1,505	)		(10,386	)		(2,239	)		(14,130	)
Other		21			—			—			21

Net cash used in investing activities		(13,085	)		(17,543	)		(23,993	)		(54,621	)

Financing activities
Issuance of common stock and other		1,083			—			(645	)		438
Purchase and retirement of common stock		(28,758	)		—			—			(28,758	)
Excess tax benefits from share-based compensation		191			—			—			191
Intercompany transfers		53,168			(33,595	)		(19,573	)		—

Net cash provided by (used in) financing activities		25,684			(33,595	)		(20,218	)		(28,129	)

Effect of exchange rate changes on cash and cash equivalents		—			—			(850	)		(850	)

Net decrease in cash and cash equivalents		(46,992	)		(302	)		(16,937	)		(64,231	)
Cash and cash equivalents, beginning of period		66,663			610			89,512			156,785

Cash and cash equivalents, end of period	$	19,671		$	308		$	72,575		$	92,554

Condensed Consolidating Statement of Cash Flow for the Six Months Ended June 30, 2012


	FTI Consulting, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Operating activities
Net cash (used in) provided by operating activities	$	(70,726	)	$	336		$	13,102		$	(57,288	)
Investing activities
Payments for acquisition of businesses, net of cash received		(21,186	)		—			(364	)		(21,550	)
Purchases of property and equipment		(3,384	)		(8,350	)		(1,994	)		(13,728	)
Other		93			—			—			93

Net cash used in investing activities		(24,477	)		(8,350	)		(2,358	)		(35,185	)

Financing activities
Payments of long-term debt and capital lease obligations		(1,929	)		(45	)		—			(1,974	)
Net issuance of common stock and other		(948	)		—			(1,287	)		(2,235	)
Excess tax benefits from share-based compensation		71			—			—			71
Intercompany transfers		8,906			7,955			(16,861	)		—

Net cash provided by (used in) financing activities		6,100			7,910			(18,148	)		(4,138	)

Effect of exchange rate changes on cash and cash equivalents		—			—			(1,831	)		(1,831	)

Net decrease in cash and cash equivalents		(89,103	)		(104	)		(9,235	)		(98,442	)
Cash and cash equivalents, beginning of period		161,180			197			103,046			264,423

Cash and cash equivalents, end of period	$	72,077		$	93		$	93,811		$	165,981

Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Earnings Per Share Basic and Diluted


	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Numerator—basic and diluted
Net income	$	23,486	$	7,747	$	47,166	$	26,178

Denominator
Weighted average number of common shares outstanding—basic		39,143		40,592		39,272		40,475
Effect of dilutive stock options		589		646		592		804
Effect of dilutive convertible notes		—		229		—		737
Effect of dilutive restricted shares		561		607		592		656

Weighted average number of common shares outstanding—diluted		40,293		42,074		40,456		42,672

Earnings per common share—basic	$	0.60	$	0.19	$	1.20	$	0.65

Earnings per common share—diluted	$	0.58	$	0.18	$	1.17	$	0.61

Antidilutive stock options and restricted shares		3,593		3,530		3,541		2,806

Special Charges (Tables)

6 Months Ended

Jun. 30, 2013

Special Charges by Segment


	Three Months Ended June 30,		Six Months Ended June 30,
	2012		2013			2012
Corporate Finance/Restructuring	$	10,561	$	68		$	10,561
Forensic and Litigation Consulting		7,808		173			7,808
Economic Consulting		818		(4	)		818
Technology		2,966		14			2,966
Strategic Communications		4,511		64			4,511

		26,664		315			26,664
Unallocated Corporate		118		112			118

Total	$	26,782	$	427		$	26,782

Schedule of Special Charges Reserve by Type of Cost

Activity related to the liability for these costs for the six months ended June 30, 2013 is as follows:


	Employee Termination Costs			Lease Costs			Total
Balance at December 31, 2012	$	6,696		$	8,517		$	15,213
Additions		(100	)		527			427
Payments		(1,924	)		(1,936	)		(3,860	)
Foreign currency translation adjustment and other		(162	)		—			(162	)

Balance at June 30, 2013	$	4,510		$	7,108		$	11,618

Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Change in Acquisition-Related Contingent Consideration Liability

The following table represents the changes in the acquisition-related contingent consideration liability during the three and six months ended June 30, 2013 and 2012:


	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Beginning balance	$	16,296		$	15,276		$	16,426		$	14,990
Acquisition⁽¹⁾		5,377			—			4,528			—
Adjustments to fair value recorded in earnings⁽²⁾		(7,452	)		(3,541	)		(6,721	)		(2,984	)
Payments		(235	)		(917	)		(235	)		(1,287	)
Elimination of contingency⁽³⁾		—			(2,534	)		—			(2,534	)
Unrealized gains (losses) related to currency translation in other comprehensive income		(701	)		(47	)		(713	)		52

Ending balance	$	13,285		$	8,237		$	13,285		$	8,237

⁽¹⁾	Includes adjustments during the purchase price allocation period.

⁽²⁾	Includes adjustments to fair value related to accretion and remeasurement of contingent consideration which are recorded in “Acquisition-related contingent consideration” on the Condensed Consolidated Statements of Comprehensive Income (Loss).

⁽³⁾

Schedule of Financial Assets and Liabilities Measured at Fair Value

The following table presents financial liabilities measured at fair value:


	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
As of June 30, 2013
Liabilities:
Acquisition-related contingent consideration, including current portion	$	—	$	—	$	13,285	$	13,285
As of December 31, 2012
Liabilities:
Acquisition-related contingent consideration, including current portion	$	—	$	—	$	16,426	$	16,426

Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Changes in Carrying Amounts of Goodwill by Operating Segment

The changes in the carrying amounts of goodwill by operating segment for the six months ended June 30, 2013, are as follows:


	Corporate Finance/ Restructuring			Forensic and Litigation Consulting			Economic Consulting			Technology			Strategic Communications			Total
Balances at December 31, 2012	$	469,050		$	198,957		$	247,718		$	118,035		$	226,275		$	1,260,035
Acquisitions⁽¹⁾		12,393			1,050			1,925			—			5,220			20,588
Foreign currency translation adjustment		(4,833	)		(2,059	)		(506	)		(105	)		(9,954	)		(17,457	)
Intersegment transfers in/(out)⁽²⁾		(31,471	)		31,471			—			—			—			—

Balances at June 30, 2013	$	445,139		$	229,419		$	249,137		$	117,930		$	221,541		$	1,263,166

⁽¹⁾	Includes adjustments during the purchase price allocation period.

⁽²⁾	Includes the reclassification of the Corporate Finance/Restructuring segment’s healthcare practices into the Forensic and Litigation Consulting segment. See Note 15 “Segment Reporting” for information on this segment reclassification.

Schedule of Intangible Assets by Major Class


	Useful Life in Years	June 30, 2013				December 31, 2012
	Useful Life in Years	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Finite lived intangible assets
Customer relationships	1 to 15	$	155,023	$	65,093	$	151,990	$	64,095
Non-competition agreements	1 to 10		10,979		8,527		15,184		11,158
Software	3 to 10		33,948		30,518		33,979		27,424
Tradenames	1 to 2		450		187		180		75

			200,400		104,325		201,333		102,752
Indefinite-lived intangible assets
Tradenames	Indefinite		5,600		—		5,600		—

		$	206,000	$	104,325	$	206,933	$	102,752

Long-term Debt and Capital Lease Obligations (Tables)

6 Months Ended

Jun. 30, 2013

Components of Long-Term Debt and Capital Lease Obligations

The components of long-term debt and capital lease obligations are presented in the table below:


	June 30, 2013		December 31, 2012
6³/₄% senior notes due 2020	$	400,000	$	400,000
6.0% senior notes due 2022		300,000		300,000
Notes payable to former shareholders of acquired businesses		23,000		23,000

Total debt		723,000		723,000
Less current portion		6,000		6,000

Long-term debt, net of current portion		717,000		717,000

Total capital lease obligations		—		45
Less current portion		—		21

Capital lease obligations, net of current portion		—		24

Long-term debt and capital lease obligations, net of current portion	$	717,000	$	717,024

Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Share-Based Compensation Expense

Total share-based compensation expense for the three and six months ended June 30, 2013 and 2012 is detailed in the following table:


	Three Months Ended June 30,				Six Months Ended June 30,
Comprehensive Income Statement Classification	2013		2012		2013		2012
Direct cost of revenues	$	3,742	$	3,025	$	10,699	$	9,408
Selling, general and administrative expense		3,524		3,239		6,500		7,159
Special charges		—		814		—		814

Total share-based compensation expense	$	7,266	$	7,078	$	17,199	$	17,381

Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2013

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 for the three and six months ended June 30, 2013 and 2012:


	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Revenues
Corporate Finance/Restructuring	$	96,714	$	96,187	$	195,794	$	193,061
Forensic and Litigation Consulting		105,120		106,256		205,844		209,891
Economic Consulting		111,014		99,455		226,208		199,507
Technology		51,196		47,697		97,900		97,357
Strategic Communications		50,569		46,648		96,045		91,655

Revenues	$	414,613	$	396,243	$	821,791	$	791,471

Adjusted Segment EBITDA
Corporate Finance/Restructuring	$	24,123	$	27,296	$	43,208	$	51,468
Forensic and Litigation Consulting		20,693		19,542		33,504		34,211
Economic Consulting		20,803		18,491		46,997		36,915
Technology		16,888		12,849		30,604		26,064
Strategic Communications		5,219		4,970		8,773		9,499

Total Adjusted Segment EBITDA⁽¹⁾	$	87,726	$	83,148	$	163,086	$	158,157

⁽¹⁾	Total Adjusted Segment EBITDA is the total of Adjusted Segment EBITDA for all segments.

Reconciliation of Adjusted Segment Earnings before Interest, Taxes, Depreciation and Amortization

The table below reconciles Total Adjusted Segment EBITDA to the income before income tax provision:


	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Total Adjusted Segment EBITDA⁽¹⁾	$	87,726		$	83,148		$	163,086		$	158,157
Segment depreciation expense		(6,944	)		(6,335	)		(13,820	)		(12,608	)
Amortization of other intangible assets		(5,953	)		(5,490	)		(11,517	)		(11,007	)
Special Charges		—			(26,782	)		(427	)		(26,782	)
Unallocated corporate expenses, excluding special charges		(14,570	)		(17,709	)		(31,734	)		(39,981	)
Interest income and other		(387	)		(363	)		550			2,919
Interest expense		(13,071	)		(15,195	)		(25,786	)		(30,399	)

Income before income tax provision	$	46,801		$	11,274		$	80,352		$	40,299

⁽¹⁾	Total Adjusted Segment EBITDA is the total of Adjusted Segment EBITDA for all segments.

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information (Tables)

6 Months Ended

Jun. 30, 2013

Condensed Consolidating Balance Sheet Information

Condensed Consolidating Balance Sheet Information as of June 30, 2013


	FTI Consulting, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Cash and cash equivalents	$	19,671	$	308	$	72,575	$	—		$	92,554
Accounts receivable, net		149,013		186,230		144,789		—		$	480,032
Intercompany receivables		—		729,235		—		(729,235	)	$	—
Other current assets		52,287		19,289		20,615		—		$	92,191

Total current assets		220,971		935,062		237,979		(729,235	)		664,777
Property and equipment, net		33,641		18,683		13,283		—		$	65,607
Goodwill		559,519		425,864		277,783		—		$	1,263,166
Other intangible assets, net		35,754		23,797		72,129		(30,005	)	$	101,675
Investments in subsidiaries		1,768,811		511,827		—		(2,280,638	)	$	—
Other assets		96,327		62,491		27,766		(10,928	)	$	175,656

Total assets	$	2,715,023	$	1,977,724	$	628,940	$	(3,050,806	)	$	2,270,881

Liabilities
Intercompany payables	$	648,931	$	67,108	$	13,196	$	(729,235	)	$	—
Other current liabilities		90,049		85,967		85,762		—		$	261,778

Total current liabilities		738,980		153,075		98,958		(729,235	)		261,778
Long-term debt, net		700,000		17,000		—		—		$	717,000
Other liabilities		196,476		20,690		6,298		(10,928	)	$	212,536

Total liabilities		1,635,456		190,765		105,256		(740,163	)		1,191,314
Stockholders’ equity		1,079,567		1,786,959		523,684		(2,310,643	)	$	1,079,567

Total liabilities and stockholders’ equity	$	2,715,023	$	1,977,724	$	628,940	$	(3,050,806	)	$	2,270,881

Condensed Consolidating Balance Sheet Information as of December 31, 2012


	FTI Consulting, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Assets
Cash and cash equivalents	$	66,663	$	610	$	89,512	$	—		$	156,785
Restricted cash		—		—		1,190		—			1,190
Accounts receivable, net		140,254		149,253		139,733		—			429,240
Intercompany receivables		7,053		674,136		23,185		(704,374	)		—
Other current assets		46,978		20,469		19,713		—			87,160

Total current assets		260,948		844,468		273,333		(704,374	)		674,375
Property and equipment, net		37,411		16,477		14,304		—			68,192
Goodwill		558,473		418,789		282,773		—			1,260,035
Other intangible assets, net		36,826		23,975		74,967		(31,587	)		104,181
Investments in subsidiaries		1,631,243		502,954		—		(2,134,197	)		—
Other assets		85,109		66,170		28,318		(10,928	)		168,669

Total assets	$	2,610,010	$	1,872,833	$	673,695	$	(2,881,086	)	$	2,275,452

Liabilities
Intercompany payables	$	549,339	$	112,137	$	42,898	$	(704,374	)	$	—
Other current liabilities		118,865		79,533		105,799		—			304,197

Total current liabilities		668,204		191,670		148,697		(704,374	)		304,197
Long-term debt, net		700,024		17,000		—		—			717,024
Other liabilities		173,550		10,479		12,898		(10,928	)		185,999

Total liabilities		1,541,778		219,149		161,595		(715,302	)		1,207,220
Stockholders’ equity		1,068,232		1,653,684		512,100		(2,165,784	)		1,068,232

Total liabilities and stockholders’ equity	$	2,610,010	$	1,872,833	$	673,695	$	(2,881,086	)	$	2,275,452

Condensed Consolidating Statement of Comprehensive Income

Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2013


	FTI Consulting, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	144,390		$	254,394	$	113,565		$	(97,736	)	$	414,613
Operating expenses
Direct cost of revenues		92,781			192,526		70,725			(96,504	)		259,528
Selling, general and administrative expense		38,575			28,614		30,367			(1,231	)		96,325
Acquisition-related contingent consideration		92			195		(7,739	)		—			(7,452	)
Amortization of other intangible assets		1,095			2,501		3,146			(789	)		5,953

Operating income		11,847			30,558		17,066			788			60,259
Other (expense) income		(16,773	)		202		3,113			—			(13,458	)

Income (loss) before income tax provision		(4,926	)		30,760		20,179			788			46,801
Income tax (benefit) provision		(4,290	)		24,090		3,515			—			23,315
Equity in net earnings of subsidiaries		24,122			15,679		—			(39,801	)		—

Net income		23,486			22,349		16,664			(39,013	)		23,486

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax $0		—			—		(11,714	)		—			(11,714	)

Other comprehensive income (loss), net of tax		—			—		(11,714	)		—			(11,714	)

Comprehensive income	$	23,486		$	22,349	$	4,950		$	(39,013	)	$	11,772

Condensed Consolidating Statement of Comprehensive Income (Loss) for the Three Months Ended June 30, 2012


	FTI Consulting, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	151,442		$	241,033		$	101,451		$	(97,683	)	$	396,243
Operating expenses
Direct cost of revenues		96,450			180,788			66,080			(95,098	)		248,220
Selling, general and administrative expense		39,041			28,507			27,497			(2,585	)		92,460
Special Charges		16,731			4,287			5,764						26,782
Acquisition-related contingent consideration		—			—			(3,541	)		—			(3,541	)
Amortization of other intangible assets		1,297			2,473			2,541			(821	)		5,490

Operating income		(2,077	)		24,978			3,110			821			26,832
Other (expense) income		(17,469	)		(195	)		2,106			—			(15,558	)

Income (loss) before income tax provision		(19,546	)		24,783			5,216			821			11,274
Income tax (benefit) provision		(9,666	)		12,910			283			—			3,527
Equity in net earnings of subsidiaries		17,627			5,741			—			(23,368	)		—

Net income		7,747			17,614			4,933			(22,547	)		7,747

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax $0		—			—			(10,960	)		—			(10,960	)

Other comprehensive income (loss), net of tax		—			—			(10,960	)		—			(10,960	)

Comprehensive income (loss)	$	7,747		$	17,614		$	(6,027	)	$	(22,547	)	$	(3,213	)

Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2013


	FTI Consulting, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	295,350		$	501,055	$	221,561		$	(196,175	)	$	821,791
Operating expenses
Direct cost of revenues		193,618			379,873		138,698			(194,181	)		518,008
Selling, general and administrative expense		81,471			56,590		56,905			(1,994	)		192,972
Special charges		323			104		—			—			427
Acquisition-related contingent consideration		179			195		(7,095	)		—			(6,721	)
Amortization of other intangible assets		2,322			4,948		5,829			(1,582	)		11,517

Operating income		17,437			59,345		27,224			1,582			105,588
Other (expense) income		(31,713	)		531		5,946			—			(25,236	)

Income (loss) before income tax provision		(14,276	)		59,876		33,170			1,582			80,352
Income tax (benefit) provision		(7,221	)		34,062		6,345			—			33,186
Equity in net earnings of subsidiaries		54,221			24,114		—			(78,335	)		—

Net income		47,166			49,928		26,825			(76,753	)		47,166

Other comprehensive income, net of tax:
Foreign currency translation adjustments, net of tax $0		—			—		(27,223	)		—			(27,223	)

Other comprehensive income, net of tax		—			—		(27,223	)		—			(27,223	)

Comprehensive income	$	47,166		$	49,928	$	(398	)	$	(76,753	)	$	19,943

Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2012


	FTI Consulting, Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues	$	305,023		$	482,749	$	203,509		$	(199,810	)	$	791,471
Operating expenses
Direct cost of revenues		197,625			362,737		128,999			(195,523	)		493,838
Selling, general and administrative expense		86,435			57,559		55,342			(4,287	)		195,049
Special charges		16,731			4,287		5,764			—			26,782
Acquisition-related contingent consideration		—			—		(2,984	)		—			(2,984	)
Amortization of other intangible assets		2,600			4,950		5,097			(1,640	)		11,007

Operating income		1,632			53,216		11,291			1,640			67,779
Other (expense) income		(30,456	)		35,987		1,874			(34,885	)		(27,480	)

Income (loss) before income tax provision		(28,824	)		89,203		13,165			(33,245	)		40,299
Income tax (benefit) provision		(28,380	)		40,724		1,777			—			14,121
Equity in net earnings of subsidiaries		26,622			13,383		—			(40,005	)		—

Net income		26,178			61,862		11,388			(73,250	)		26,178

Other comprehensive income, net of tax:
Foreign currency translation adjustments, net of tax $0		—			—		1,889			—			1,889

Other comprehensive income, net of tax		—			—		1,889			—			1,889

Comprehensive income	$	26,178		$	61,862	$	13,277		$	(73,250	)	$	28,067

Condensed Consolidating Statement of Cash Flow

Condensed Consolidating Statement of Cash Flow for the Six Months Ended June 30, 2013


	FTI Consulting, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Operating activities
Net cash (used in) provided by operating activities	$	(59,591	)	$	50,836		$	28,124		$	19,369
Investing activities
Payments for acquisition of businesses, net of cash received		(11,601	)		(7,157	)		(21,754	)		(40,512	)
Purchases of property and equipment		(1,505	)		(10,386	)		(2,239	)		(14,130	)
Other		21			—			—			21

Net cash used in investing activities		(13,085	)		(17,543	)		(23,993	)		(54,621	)

Financing activities
Issuance of common stock and other		1,083			—			(645	)		438
Purchase and retirement of common stock		(28,758	)		—			—			(28,758	)
Excess tax benefits from share-based compensation		191			—			—			191
Intercompany transfers		53,168			(33,595	)		(19,573	)		—

Net cash provided by (used in) financing activities		25,684			(33,595	)		(20,218	)		(28,129	)

Effect of exchange rate changes on cash and cash equivalents		—			—			(850	)		(850	)

Net decrease in cash and cash equivalents		(46,992	)		(302	)		(16,937	)		(64,231	)
Cash and cash equivalents, beginning of period		66,663			610			89,512			156,785

Cash and cash equivalents, end of period	$	19,671		$	308		$	72,575		$	92,554

Condensed Consolidating Statement of Cash Flow for the Six Months Ended June 30, 2012


	FTI Consulting, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
Operating activities
Net cash (used in) provided by operating activities	$	(70,726	)	$	336		$	13,102		$	(57,288	)
Investing activities
Payments for acquisition of businesses, net of cash received		(21,186	)		—			(364	)		(21,550	)
Purchases of property and equipment		(3,384	)		(8,350	)		(1,994	)		(13,728	)
Other		93			—			—			93

Net cash used in investing activities		(24,477	)		(8,350	)		(2,358	)		(35,185	)

Financing activities
Payments of long-term debt and capital lease obligations		(1,929	)		(45	)		—			(1,974	)
Net issuance of common stock and other		(948	)		—			(1,287	)		(2,235	)
Excess tax benefits from share-based compensation		71			—			—			71
Intercompany transfers		8,906			7,955			(16,861	)		—

Net cash provided by (used in) financing activities		6,100			7,910			(18,148	)		(4,138	)

Effect of exchange rate changes on cash and cash equivalents		—			—			(1,831	)		(1,831	)

Net decrease in cash and cash equivalents		(89,103	)		(104	)		(9,235	)		(98,442	)
Cash and cash equivalents, beginning of period		161,180			197			103,046			264,423

Cash and cash equivalents, end of period	$	72,077		$	93		$	93,811		$	165,981

Earnings Per Common Share - Additional Information (Detail) (USD $)	3 Months Ended	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Conversion price of convertible notes, per share	$ 31.25	$ 31.25
3 3/4% Senior Subordinated Convertible Notes Due 2012
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Convertible notes maturity date	Jul. 15, 2012	Jul. 15, 2012
Senior subordinated convertible notes, interest percentage	3.75%	3.75%

Earnings Per Common Share Basic and Diluted (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Numerator-basic and diluted
Net income	$ 23,486	$ 7,747	$ 47,166	$ 26,178
Denominator
Weighted average number of common shares outstanding-basic	39,143	40,592	39,272	40,475
Effect of dilutive stock options	589	646	592	804
Effect of dilutive convertible notes		229		737
Effect of dilutive restricted shares	561	607	592	656
Weighted average number of common shares outstanding - diluted	40,293	42,074	40,456	42,672
Earnings per common share-basic	$ 0.60	$ 0.19	$ 1.20	$ 0.65
Earnings per common share-diluted	$ 0.58	$ 0.18	$ 1.17	$ 0.61
Antidilutive stock options and restricted shares	3,593	3,530	3,541	2,806

Special Charges - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012 Location Employee
Special Charges [Line Items]
Special charges	$ 400,000	$ 26,782,000	$ 427,000	$ 26,782,000	$ 29,600,000
Non cash special charges					5,000,000
Number of employees terminated					116
Number of office locations					9
Cash outflow associated with special charges, amount paid			24,700,000
Cash outflow associated with special charges, amount paid			13,100,000
Cash outflow associated with special charges, amount expected to be paid in 2013			3,200,000
Cash outflow associated with special charges, amount expected to be paid in 2014			2,700,000
Cash outflow associated with special charges, amount expected to be paid in 2015			1,200,000
Cash outflow associated with special charges, amount expected to be paid in 2016			800,000
Cash outflow associated with special charges, amount expected to be paid from 2017 to 2025			$ 3,700,000

Special Charges By Segment (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 31, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012
Special Charges [Line Items]
Special charges	$ 400	$ 26,782	$ 427	$ 26,782	$ 29,600
Corporate Finance / Restructuring
Special Charges [Line Items]
Special charges		10,561	68	10,561
Forensic and Litigation Consulting
Special Charges [Line Items]
Special charges		7,808	173	7,808
Economic Consulting
Special Charges [Line Items]
Special charges		818	(4)	818
Technology
Special Charges [Line Items]
Special charges		2,966	14	2,966
Strategic Communications
Special Charges [Line Items]
Special charges		4,511	64	4,511
Total Reportable Segments
Special Charges [Line Items]
Special charges		26,664	315	26,664
Unallocated Corporate
Special Charges [Line Items]
Special charges		$ 118	$ 112	$ 118

Activity Related to Liability for Special Charges (Detail) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013
Special Charges [Line Items]
Balance at December 31, 2012	$ 15,213
Additions	427
Payments	(3,860)
Foreign currency translation adjustment and other	(162)
Balance at June 30, 2013	11,618
Employee Termination Costs
Special Charges [Line Items]
Balance at December 31, 2012	6,696
Additions	(100)
Payments	(1,924)
Foreign currency translation adjustment and other	(162)
Balance at June 30, 2013	4,510
Lease Termination Costs
Special Charges [Line Items]
Balance at December 31, 2012	8,517
Additions	527
Payments	(1,936)
Balance at June 30, 2013	$ 7,108

Research and Development Costs - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Schedule Of Research And Development [Line Items]
Research and development costs related to software development	$ 3.5	$ 5.1	$ 7.5	$ 11.9

Financial Instruments - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Jun. 30, 2013 6 3/4 % Senior Notes Due 2020	Jun. 30, 2013 6.0% Senior Notes Due 2022	Nov. 27, 2012 6.0% Senior Notes Due 2022
Assets Sold under Agreements to Repurchase [Line Items]
Fair value of long-term debt	$ 743.0		$ 743.0		$ 762.0
Carrying value of long-term debt	723.0		723.0		723.0			300.0
Interest percentage						6.75%	6.00%
Debt maturity period						2020	2022	2022
Gain/Loss on remeasurement of contingent consideration	8.2	4.1		4.1
Accretion expense	$ 0.8	$ 0.6	$ 1.5	$ 1.1

Change In Acquisition-Related Contingent Consideration Liability (Detail) (USD $)
In Thousands, unless otherwise specified

3 Months Ended

6 Months Ended

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2013

Jun. 30, 2012

Business Acquisition, Contingent Consideration [Line Items]

Beginning balance

$ 16,296

$ 15,276

$ 16,426

$ 14,990

Acquisition

5,377

^[1]

4,528

^[1]

Change in amount of contingent consideration

7,452

3,541

6,721

2,984

Payments

(235)

(917)

(235)

(1,287)

Elimination of contingency

(2,534)

^[2]

(2,534)

^[2]

Ending balance

13,285

8,237

13,285

8,237

Fair Value Adjustment

Business Acquisition, Contingent Consideration [Line Items]

Change in amount of contingent consideration

(7,452)

^[3]

(3,541)

^[3]

(6,721)

^[3]

(2,984)

^[3]

Foreign Currency Translation

Business Acquisition, Contingent Consideration [Line Items]

Change in amount of contingent consideration

$ (701)

$ (47)

$ (713)

$ 52

[1]	Includes adjustments during the purchase price allocation period.
[2]	During the three months ended June 30, 2012, we fixed an acquisition-related contingent consideration liability in the amount of $2.5 million. The non-contingent consideration liability is no longer required to be remeasured to fair value and, accordingly, is not classified as a Level 3 measurement.
[3]	Includes adjustments to fair value related to accretion and remeasurement of contingent consideration which are recorded in "Acquisition-related contingent consideration" on the Condensed Consolidated Statements of Comprehensive Income (Loss).

Change In Acquisition-Related Contingent Consideration Liability (Parenthetical) (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Jun. 30, 2013
Business Acquisition, Contingent Consideration [Line Items]
Acquisition-related contingent consideration liability	$ 2.5

Financial Liabilities Measured at Fair Value (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Acquisition-related contingent consideration, including current portion	$ 13,285	$ 16,296	$ 16,426	$ 8,237	$ 15,276	$ 14,990
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Acquisition-related contingent consideration, including current portion	$ 13,285		$ 16,426

Acquisitions - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2013
Business Acquisition [Line Items]
Common stock consideration in relation to price protection provision guarantees	$ 3.1		$ 3.9
Initial consideration	26.8	9.1
Contingent consideration payment, due date		Dec. 31, 2017
Contingent consideration cap amount		8.0
Purchase price allocation, identifiable intangible assets	9.4		9.4
Purchase price allocation, goodwill			27.2
Contingent consideration estimated fair value, recorded in Other liabilities	$ 8.2		$ 8.2

Changes in Carrying Amounts of Goodwill by Operating Segment (Detail) (USD $)
In Thousands, unless otherwise specified

6 Months Ended

Jun. 30, 2013

$ 1,260,035

20,588

^[1]

(17,457)

1,263,166

Corporate Finance / Restructuring

469,050

12,393

^[1]

Intersegment transfers in/(out)

(4,833)

(31,471)

^[2]

445,139

Forensic and Litigation Consulting

198,957

1,050

^[1]

Intersegment transfers in/(out)

(2,059)

31,471

^[2]

229,419

Economic Consulting

247,718

1,925

^[1]

(506)

249,137

Technology

118,035

(105)

117,930

Strategic Communications

226,275

5,220

^[1]

(9,954)

$ 221,541

[1]	Includes adjustments during the purchase price allocation period.
[2]	Includes the reclassification of the Corporate Finance/Restructuring segment's healthcare practices into the Forensic and Litigation Consulting segment. See Note 15 "Segment Reporting" for information on this segment reclassification.

Goodwill and Other Intangible Assets - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Goodwill and Intangible Assets Disclosure [Line Items]
Finite lived intangible assets, amortization expense	$ 6.0	$ 5.7	$ 11.5	$ 11.2
Estimated amortization expense during the remainder of 2013	10.8		10.8
Estimated amortization expense for the year 2014	13.2		13.2
Estimated amortization expense for the year 2015	12.2		12.2
Estimated amortization expense for the year 2016	10.7		10.7
Estimated amortization expense for the year 2017	9.9		9.9
Estimated amortization expense for the year 2018	8.6		8.6
Estimated amortization expense after the year 2018	$ 30.7		$ 30.7

Intangible Assets by Major Class (Detail) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Dec. 31, 2012
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Gross Carrying Amount	$ 200,400	$ 201,333
Finite lived intangible assets, Accumulated Amortization	104,325	102,752
Intangible assets, Gross Carrying Amount	206,000	206,933
Intangible assets, Accumulated Amortization	104,325	102,752
Customer Relationships
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Gross Carrying Amount	155,023	151,990
Finite lived intangible assets, Accumulated Amortization	65,093	64,095
Customer Relationships \| Minimum
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Useful Life in Years	1 year
Customer Relationships \| Maximum
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Useful Life in Years	15 years
Non-Competition Agreements
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Gross Carrying Amount	10,979	15,184
Finite lived intangible assets, Accumulated Amortization	8,527	11,158
Non-Competition Agreements \| Minimum
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Useful Life in Years	1 year
Non-Competition Agreements \| Maximum
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Useful Life in Years	10 years
Software
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Gross Carrying Amount	33,948	33,979
Finite lived intangible assets, Accumulated Amortization	30,518	27,424
Software \| Minimum
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Useful Life in Years	3 years
Software \| Maximum
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Useful Life in Years	10 years
Tradenames
Goodwill And Other Intangible Assets [Line Items]
Indefinite-lived intangible assets, Useful Life	Indefinite
Indefinite-lived intangible assets, Gross Carrying Amount	5,600	5,600
Finite lived intangible assets, Gross Carrying Amount	450	180
Finite lived intangible assets, Accumulated Amortization	$ 187	$ 75
Tradenames \| Minimum
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Useful Life in Years	1 year
Tradenames \| Maximum
Goodwill And Other Intangible Assets [Line Items]
Finite lived intangible assets, Useful Life in Years	2 years

Components of Long-Term Debt and Capital Lease Obligations (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Long-Term Debt And Capital Lease Obligations [Line Items]
Notes payable to former shareholders of acquired businesses	$ 23,000	$ 23,000
Total debt	723,000	723,000
Less current portion	6,000	6,000
Long-term debt, net of current portion	717,000	717,000
Total capital lease obligations		45
Less current portion		21
Capital lease obligations, net of current portion		24
Long-term debt and capital lease obligations, net of current portion	717,000	717,024
6 3/4 % Senior Notes Due 2020
Long-Term Debt And Capital Lease Obligations [Line Items]
Senior notes	400,000	400,000
6.0% Senior Notes Due 2022
Long-Term Debt And Capital Lease Obligations [Line Items]
Senior notes	$ 300,000	$ 300,000

Components of Long-Term Debt and Capital Lease Obligations (Parenthetical) (Detail)	Jun. 30, 2013	Nov. 27, 2012
6 3/4 % Senior Notes Due 2020
Long-Term Debt And Capital Lease Obligations [Line Items]
Interest percentage	6.75%
Debt maturity period	2020
6.0% Senior Notes Due 2022
Long-Term Debt And Capital Lease Obligations [Line Items]
Interest percentage	6.00%
Debt maturity period	2022	2022

Long Term Debt and Capital Lease Obligations - Additional Information (Detail) (USD $) In Millions, unless otherwise specified			1 Months Ended
	Jun. 30, 2013	Dec. 31, 2012	Nov. 27, 2012 6.0% Senior Notes Due 2022	Jun. 30, 2013 6.0% Senior Notes Due 2022
Convertible Promissory Notes And Warrants [Line Items]
Debt maturity period			2022	2022
Aggregate principal amount senior notes issued	$ 723.0	$ 723.0	$ 300.0
Percentage of principal amount of notes issued			100.00%
Date of exchange offer of all outstanding 2022 Notes			Jul. 26, 2013

Share-Based Compensation Expense (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share-based compensation expense	$ 7,266	$ 7,078	$ 17,199	$ 17,381
Direct Cost Of Revenues
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share-based compensation expense	3,742	3,025	10,699	9,408
Selling, General And Administrative Expense
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share-based compensation expense	3,524	3,239	6,500	7,159
Special Charges
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share-based compensation expense		$ 814		$ 814

Income Taxes - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012
Income Taxes [Line Items]
Valuation allowances	$ 9.4		$ 9.4		$ 1.9
Undistributed non-U.S. subsidiary earnings	15.7		15.7
Unrecognized deferred U.S. income tax liability associated with the indefinitely reinvested undistributed earnings	5.5		5.5
Liability for uncertain tax positions	2.3		2.3		3.8
Reversal of liability for uncertain tax positions			2.2
Effective tax rate	34.60%	34.60%	35.60%	35.00%
Discrete Tax Adjustments
Income Taxes [Line Items]
Discrete adjustment to income tax provision	$ 6.9		$ 4.6
Effective tax rate	49.80%	31.30%	41.30%	35.00%

Stockholders' Equity - Additional Information (Detail) (USD $)	3 Months Ended	6 Months Ended	12 Months Ended
	Mar. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
Stockholders Equity [Line Items]
Value of shares that have been repurchased and retired during the period		$ 28,758,000
Stock Repurchase Plan
Stockholders Equity [Line Items]
Board of Directors authorized stock repurchase program		250,000,000
Stock repurchase remaining authorized amount		171,200,000
Number of shares that have been repurchased and retired during the period	826,800		1,681,029
Average price per share	$ 34.78		$ 29.76
Value of shares that have been repurchased and retired during the period	$ 28,800,000		$ 50,000,000
Stock repurchase program, period		2 years

Revenues and Adjusted Segment Earnings before Interest, Taxes, Depreciation and Amortization for Reportable Segments (Detail) (USD $)
In Thousands, unless otherwise specified

3 Months Ended

6 Months Ended

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2013

Jun. 30, 2012

$ 414,613

$ 396,243

$ 821,791

$ 791,471

87,726

^[1]

83,148

^[1]

163,086

^[1]

158,157

^[1]

Corporate Finance / Restructuring

96,714

96,187

195,794

193,061

24,123

27,296

43,208

51,468

Forensic and Litigation Consulting

105,120

106,256

205,844

209,891

20,693

19,542

33,504

34,211

Economic Consulting

111,014

99,455

226,208

199,507

20,803

18,491

46,997

36,915

Technology

51,196

47,697

97,900

97,357

16,888

12,849

30,604

26,064

Strategic Communications

50,569

46,648

96,045

91,655

$ 5,219

$ 4,970

$ 8,773

$ 9,499

[1]	Total Adjusted Segment EBITDA is the total of Adjusted Segment EBITDA for all segments.

Reconciliation of Adjusted Segment Earnings before Interest, Taxes, Depreciation and Amortization (Detail) (USD $)
In Thousands, unless otherwise specified

3 Months Ended

6 Months Ended

Jun. 30, 2013

Jun. 30, 2012

Jun. 30, 2013

Jun. 30, 2012