12. 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, cloud and social media data as well as 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.

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, remeasurement of acquisition-related contingent consideration, 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 months ended March 31, 2015 and 2014:

 

		Three Months Ended March 31,
		2015				2014
Revenues
Corporate Finance/Restructuring		$	106,212			$	93,982
Forensic and Litigation Consulting			123,265				121,429
Economic Consulting			106,081				106,851
Technology			54,654				60,063
Strategic Communications			42,126				43,227
Revenues		$	432,338			$	425,552
Adjusted Segment EBITDA
Corporate Finance/Restructuring		$	22,480			$	10,951
Forensic and Litigation Consulting			22,071				26,494
Economic Consulting			11,556				13,030
Technology			10,073				17,348
Strategic Communications			5,752				2,729
Total Adjusted Segment EBITDA		$	71,932			$	70,552

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

 

		Three Months Ended March 31,
		2015				2014
Total Adjusted Segment EBITDA		$	71,932			$	70,552
Segment depreciation expense			(6,991	)			(7,548	)
Amortization of other intangible assets			(3,012	)			(4,616	)
Unallocated corporate expenses, excluding special charges			(14,081	)			(20,393	)
Interest income and other			(137	)			1,003
Interest expense			(12,368	)			(12,655	)
Remeasurement of acquisition-related contingent consideration			—				2,122
Income before income tax provision		$	35,343			$	28,465