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