FTI Consulting (FCN) 10-Q 28 Jul 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 22, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Trading Symbol	FCN
Entity Registrant Name	FTI CONSULTING INC
Entity Central Index Key	887,936
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		42,179,584

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 182,665	$ 149,760
Accounts receivable:
Billed receivables	415,750	405,000
Unbilled receivables	330,730	280,538
Allowance for doubtful accounts and unbilled services	(199,182)	(185,754)
Accounts receivable, net	547,298	499,784
Current portion of notes receivable	34,418	36,115
Prepaid expenses and other current assets	47,361	55,966
Total current assets	811,742	741,625
Property and equipment, net of accumulated depreciation	68,764	74,760
Goodwill	1,189,602	1,198,298
Other intangible assets, net of amortization	57,568	63,935
Notes receivable, net of current portion	112,095	106,882
Other assets	47,693	43,518
Total assets	2,287,464	2,229,018
Current liabilities
Accounts payable, accrued expenses and other	94,782	89,845
Accrued compensation	193,826	227,783
Billings in excess of services provided	36,434	29,449
Total current liabilities	325,042	347,077
Long-term debt, net	495,150	494,772
Deferred income taxes	161,433	139,787
Other liabilities	102,596	99,779
Total liabilities	1,084,221	1,081,415
Commitments and contingent liabilities (note 10)
Stockholders' equity
Preferred stock, $0.01 par value; shares authorized — 5,000; none outstanding
Common stock, $0.01 par value; shares authorized — 75,000; shares issued and outstanding — 42,083 (2016) and 41,234 (2015)	420	412
Additional paid-in capital	418,776	400,705
Retained earnings	912,209	855,481
Accumulated other comprehensive loss	(128,162)	(108,995)
Total stockholders' equity	1,203,243	1,147,603
Total liabilities and stockholders' equity	$ 2,287,464	$ 2,229,018

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	42,083,000	41,234,000
Common stock, shares outstanding	42,083,000	41,234,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Revenues	$ 460,147	$ 449,137	$ 930,432	$ 881,475
Operating expenses
Direct cost of revenues	303,194	291,469	608,830	570,499
Selling, general and administrative expenses	108,245	109,045	211,854	211,259
Special charges	1,750		6,811
Acquisition-related contingent consideration	206	(1,538)	1,340	(1,304)
Amortization of other intangible assets	2,590	3,007	5,196	6,019
Costs and Expenses, Total	415,985	401,983	834,031	786,473
Operating income	44,162	47,154	96,401	95,002
Other income (expense)
Interest income and other	4,125	950	6,682	813
Interest expense	(6,303)	(12,473)	(12,532)	(24,841)
Other (expense) income	(2,178)	(11,523)	(5,850)	(24,028)
Income before income tax provision	41,984	35,631	90,551	70,974
Income tax provision	15,437	13,922	33,823	25,579
Net income	$ 26,547	$ 21,709	$ 56,728	$ 45,395
Earnings per common share — basic	$ 0.65	$ 0.53	$ 1.40	$ 1.12
Earnings per common share — diluted	$ 0.64	$ 0.52	$ 1.37	$ 1.09
Other comprehensive (loss) income, net of tax
Foreign currency translation adjustments, net of tax expense of $0	$ (18,809)	$ 13,298	$ (19,167)	$ (7,184)
Total other comprehensive (loss) income, net of tax	(18,809)	13,298	(19,167)	(7,184)
Comprehensive income	$ 7,738	$ 35,007	$ 37,561	$ 38,211

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Foreign currency translation adjustments, tax expense	$ 0	$ 0	$ 0	$ 0

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2016 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive (Loss)
Beginning Balance at Dec. 31, 2015	$ 1,147,603	$ 412	$ 400,705	$ 855,481	$ (108,995)
Beginning Balance (in shares) at Dec. 31, 2015	41,234	41,234
Net income (loss)	$ 56,728			56,728
Other comprehensive income (loss):
Foreign currency translation adjustment	(19,167)				(19,167)
Issuance of common stock in connection with:
Exercise of options, net of income tax benefit from share-based awards of $946 (in Shares)		423
Exercise of options, net of income tax benefit from share-based awards of $946	12,661	$ 4	12,657
Restricted share grants, less net settled shares of 79 (in Shares)		511
Restricted share grants, less net settled shares of 79	(2,759)	$ 5	(2,764)
Stock units issued under incentive compensation plan	1,842		1,842
Purchase and retirement of common stock (in shares)		(85)
Purchase and retirement of common stock	(2,903)	$ (1)	(2,902)
Share-based compensation	9,238		9,238
Ending Balance at Jun. 30, 2016	$ 1,203,243	$ 420	$ 418,776	$ 912,209	$ (128,162)
Ending Balance (in shares) at Jun. 30, 2016	42,083	42,083

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Stockholders' Equity (Unaudited) (Parenthetical) shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)shares
Statement Of Stockholders Equity [Abstract]
Exercise of options, income tax expense | $	$ 946
Restricted share grants, settled shares | shares	79

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating activities
Net income (loss)	$ 56,728	$ 45,395
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	16,049	15,111
Amortization and impairment of other intangible assets	5,196	6,019
Acquisition-related contingent consideration	1,340	(1,304)
Provision for doubtful accounts	4,344	6,571
Non-cash share-based compensation	9,667	10,581
Non-cash interest expense	992	1,343
Other	(639)	(223)
Changes in operating assets and liabilities, net of effects from acquisitions:
Accounts receivable, billed and unbilled	(57,501)	(70,710)
Notes receivable	(4,640)	(6,626)
Prepaid expenses and other assets	(943)	(5,120)
Accounts payable, accrued expenses and other	1,932	(2,435)
Income taxes	29,329	16,458
Accrued compensation	(28,518)	(40,587)
Billings in excess of services provided	7,297	(5,204)
Net cash provided by (used in) operating activities	40,633	(30,731)
Investing activities
Payments for acquisition of businesses, net of cash received	(56)	(576)
Purchases of property and equipment	(11,983)	(17,533)
Other	96	64
Net cash used in investing activities	(11,943)	(18,045)
Financing activities
Payments of debt issue costs		(3,090)
Deposits	2,557	2,423
Purchase and retirement of common stock	(2,903)
Net issuance of common stock under equity compensation plans	9,353	8,662
Other	(154)	(326)
Net cash provided by financing activities	8,853	7,669
Effect of exchange rate changes on cash and cash equivalents	(4,638)	(2,585)
Net increase (decrease) in cash and cash equivalents	32,905	(43,692)
Cash and cash equivalents, beginning of period	149,760	283,680
Cash and cash equivalents, end of period	182,665	239,988
Supplemental cash flow disclosures
Cash paid for interest	11,242	23,047
Cash paid for income taxes, net of refunds	4,493	9,121
Non-cash investing and financing activities:
Issuance of stock units under incentive compensation plans	$ 1,842	$ 2,124

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	1. Basis of Presentation and Significant Accounting Policies The unaudited condensed consolidated financial statements of FTI Consulting, Inc., including its consolidated subsidiaries (collectively, the “Company,” “we,” “our,” or “FTI Consulting”), presented herein, have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and under the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial information. Some of the information and footnote disclosures normally included in annual financial statements have been condensed or omitted pursuant to those rules and regulations. Certain prior period amounts have been reclassified to conform to the current period presentation. In management’s opinion, the interim financial statements reflect all adjustments that are necessary for a fair presentation of the results for the interim periods presented. All adjustments made were normal recurring accruals. Results of operations for the interim periods presented herein are not necessarily indicative of results of operations for a full year. These financial statements should be read in conjunction with the consolidated financial statements and the notes thereto contained in our Annual Report on Form 10-K for the year ended December 31, 2015 filed with the SEC.

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Common Share	2. Earnings Per Common Share Basic earnings per common share are calculated by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per common share adjust basic earnings per common share for the effects of potentially dilutive common shares. Potentially dilutive common shares include the dilutive effects of shares issuable under our equity compensation plans, including stock options and restricted stock using the treasury stock method. Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Numerator—basic and diluted Net income $ 26,547 $ 21,709 $ 56,728 $ 45,395 Denominator Weighted average number of common shares outstanding — basic 40,820 40,792 40,663 40,607 Effect of dilutive stock options 316 451 223 414 Effect of dilutive restricted shares 463 453 487 508 Weighted average number of common shares outstanding — diluted 41,599 41,696 41,373 41,529 Earnings per common share — basic $ 0.65 $ 0.53 $ 1.40 $ 1.12 Earnings per common share — diluted $ 0.64 $ 0.52 $ 1.37 $ 1.09 Antidilutive stock options and restricted shares 1,374 1,524 2,016 1,849

New Accounting Standards

New Accounting Standards	6 Months Ended
	Jun. 30, 2016
Accounting Changes And Error Corrections [Abstract]
New Accounting Standards	3. New Accounting Standards In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606)

Special Charges

Special Charges	6 Months Ended
	Jun. 30, 2016
Text Block [Abstract]
Special Charges	4. Special Charges During the three months ended June 30, 2016, we recorded special charges totaling $1.7 million related to the termination of 19 employees in the health solutions practice of our Forensic and Litigation Consulting (“FLC”) segment. The termination actions resulted from the elimination of certain specialized offerings which no longer support the strategic focus of this practice. The special charges consisted of salary continuance and other contractual employee-related costs, net of the reversal of accelerated expense of a forgivable loan. During the six months ended June 30, 2016, we recorded special charges of $6.8 million related to the employee terminations in the health solutions practice of our FLC segment as described above, and special charges recorded during the three months ended March 31, 2016 related to employee terminations in our Technology segment. Activity related to the liability for these costs for the six months ended June 30, 2016 is as follows: Employee Lease Termination Termination Costs Costs Total Balance at December 31, 2015 $ 7,768 $ 4,045 $ 11,813 Additions (1) 7,023 — 7,023 Payments (4,345 ) (386 ) (4,731 ) Foreign currency translation adjustment and other (3 ) — (3 ) Balance at June 30, 2016 $ 10,443 $ 3,659 $ 14,102 (1) Excludes $0.2 million in net non-cash expense reversals. A liability for the current and noncurrent portions of the amounts to be paid is included in “Accounts payable, accrued expenses and other” and “Other liabilities,” respectively, on the Condensed Consolidated Balance Sheets. Of the $14.1 million liability for special charges, $4.5 million is expected to be paid during the remainder of 2016, $4.1 million is expected to be paid in 2017, $2.6 million is expected to be paid in 2018, $1.2 million is expected to be paid in 2019 and the remaining balance of $1.7 million is expected to be paid between 2020 and 2026.

Allowance for Doubtful Accounts

Allowance for Doubtful Accounts and Unbilled Services	6 Months Ended
	Jun. 30, 2016
Text Block [Abstract]
Allowance for Doubtful Accounts and Unbilled Services	5. Allowance for Doubtful Accounts and Unbilled Services We record adjustments to the allowance for doubtful accounts and unbilled services as a reduction in revenue when there are changes in estimates of fee reductions that may be imposed by bankruptcy courts and other regulatory institutions, for both billed and unbilled receivables. The allowance for doubtful accounts and unbilled services is also adjusted after the related work has been billed to the client and we discover that collectability is not reasonably assured. These adjustments are included in “Selling, general and administrative expenses” on the Condensed Consolidated Statements of Comprehensive Income and totaled $3.9 million and $4.3 million for the three and six months ended June 30, 2016, respectively, and $3.6 million and $6.6 million for the three and six months ended June 30, 2015, respectively.

Research and Development Costs

Research and Development Costs	6 Months Ended
	Jun. 30, 2016
Research And Development [Abstract]
Research and Development Costs	6. Research and Development Costs Research and development costs related to software development totaled $4.5 million and $8.5 million for the three and six months ended June 30, 2016, respectively, and $4.8 million and $10.7 million for the three and six months ended June 30, 2015, respectively. Research and development costs are included in “Selling, general and administrative expenses” on the Condensed Consolidated Statements of Comprehensive Income.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Financial Instruments	7. Financial Instruments Fair Value of Financial Instruments We consider the recorded value of certain financial assets and liabilities, which consist primarily of cash equivalents, accounts receivable and accounts payable, to approximate the fair value of the respective assets and liabilities at June 30, 2016 and December 31, 2015, based on the short-term nature of the assets and liabilities. The fair value of our long-term debt at June 30, 2016 was $516.5 million compared to a carrying value of $500.0 million. At December 31, 2015, the fair value of our long-term debt was $513.5 million compared to a carrying value of $500.0 million. We determine the fair value of our long-term debt primarily based on quoted market prices for our 6% Senior Notes Due 2022 (“2022 Notes”). The fair value of our borrowings on our $550.0 million s enior secured bank revolving credit facility (“ We estimate the fair value of acquisition-related contingent consideration based on the present value of the consideration expected to be paid during the remainder of the earn-out period, based on management’s assessment of the acquired operations’ forecasted earnings. This fair value measure is based on significant inputs not observed in the market and thus represents a Level 3 measurement. The significant unobservable inputs used in the fair value measurements of our acquisition-related contingent consideration include our measures of the future profitability and related cash flows of the acquired business or assets, impacted by appropriate discount rates. Significant increases (decreases) in any of these inputs in isolation would result in a significantly lower (higher) fair value measurement. Generally, a change in the assumptions used for the discount rates is accompanied by a directionally opposite change in the fair value measurement and a change in the assumptions used for the future cash flows is accompanied by a directionally similar change in the fair value measurement. The fair value of the contingent consideration is reassessed on a quarterly basis by the Company using additional information as it becomes available. Any change in the fair value of an acquisition’s contingent consideration liability results in a remeasurement gain or loss that is recorded as income or expense, respectively, and is included in “Acquisition-related contingent consideration” on the Condensed Consolidated Statements of Comprehensive Income. There was no remeasurement gain or loss recorded during the three months ended June 30, 2016. During the six months ended June 30, 2016, we recorded a $1.0 million expense related to the increase in the liability for future expected contingent consideration payments, driven by improved business results in the current period as well as expected results during the remainder of the earn-out period. During the three and six months ended June 30, 2015, we recorded a $1.7 million gain related to the change in fair value of future contingent consideration payments, of which $1.5 million related to a termination of a contingent consideration arrangement for which no future payments will be made.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	8. Goodwill and Other Intangible Assets Goodwill The changes in the carrying amounts of goodwill by operating segment for the six months ended June 30, 2016, are as follows: Corporate Forensic Finance & Litigation Economic Strategic Restructuring Consulting Consulting Technology Communications Total Balance at December 31, 2015 Goodwill 441,548 235,211 269,341 117,888 328,449 1,392,437 Accumulated goodwill impairment — — — — (194,139 ) (194,139 ) Goodwill, net at December 31, 2015 $ 441,548 $ 235,211 $ 269,341 $ 117,888 $ 134,310 $ 1,198,298 Foreign currency translation adjustment and other 435 (2,255 ) (565 ) (159 ) (6,152 ) (8,696 ) Goodwill 441,983 232,956 268,776 117,729 322,297 1,383,741 Accumulated goodwill impairment — — — — (194,139 ) (194,139 ) Goodwill, net at June 30, 2016 $ 441,983 $ 232,956 $ 268,776 $ 117,729 $ 128,158 $ 1,189,602 Other Intangible Assets Other intangible assets with finite lives are amortized over their estimated useful lives. For intangible assets with finite lives, we recorded amortization expense of $2.6 million and $5.2 million for the three and six months ended June 30, 2016, respectively, and $3.0 million and $6.0 million for the three and six months ended June 30, 2015 respectively. Based solely on the amortizable intangible assets recorded as of June 30, 2016, we estimate amortization expense to be $5.1 million during the remainder of 2016, $9.4 million in 2017, $7.9 million in 2018, $7.2 million in 2019, $7.1 million in 2020, $6.6 million in 2021 and $8.7 million in years after 2021. 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, changes in value due to foreign currency translation, and other factors.

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Long-Term Debt	9. Long-Term Debt The components of debt obligations are presented in the table below: June 30, December 31, 2016 2015 6% senior notes due 2022 300,000 300,000 Senior Bank Credit Facility 200,000 200,000 Total debt 500,000 500,000 Less deferred debt issue costs (4,850 ) (5,228 ) Long-term debt, net $ 495,150 $ 494,772 There were $200.0 million in borrowings outstanding under the Company’s Senior Bank Credit Facility as of June 30, 2016. The Company has classified these borrowings as long-term debt in the accompanying Condensed Consolidated Balance Sheets as the Company has the intent and ability, as supported by availability under the credit agreement entered into as of June 26, 2015, to refinance these borrowings for more than one year from the applicable balance sheet date. Additionally, $1.4 million of the borrowing limit was utilized (and, therefore, unavailable) as of June 30, 2016 for letters of credit. For further information on our 2022 Notes and Senior Bank Credit Facility, see footnote “12. Long-Term Debt” in Part II, Item 8 of our Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2015.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	10. 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 eventuality of such actions. We do not believe any settlement or judgment relating to any pending legal action would materially affect our financial position or results of operations.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	11. Share-Based Compensation Share-based Awards and Share-based Compensation Expense During the three months ended June 30, 2016, we awarded 271,064 restricted stock awards and 11,844 restricted stock units. During the six months ended June 30, 2016, we granted stock options exercisable for up to 118,865 shares, 496,336 restricted stock awards, 64,948 restricted stock units and 83,914 performance stock units. These awards are recorded as equity on the Condensed Consolidated Balance Sheets. During the three months ended June 30, 2016, stock options exercisable for up to 73,832 shares and 14,022 restricted stock awards were forfeited prior to the completion of the vesting requirements. Total share-based compensation expense, net of forfeitures, for the three months ended June 30, 2016 and 2015 is detailed in the following table: Three Months Ended June 30, Six Months Ended June 30, Income Statement Classification 2016 2015 2016 2015 Direct cost of revenues $ 2,279 $ 2,234 $ 6,127 $ 6,133 Selling, general and administrative expenses 2,499 2,134 5,208 5,177 Special charges — — 105 — Total share-based compensation expense $ 4,778 $ 4,368 $ 11,440 $ 11,310

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Reporting	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 the 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 (“M&A”), M&A integration, valuations and tax issues, as well as financial, operational and performance improvement. Our distressed service offerings generally include corporate restructurings and interim management, and our non-distressed service offerings generally include all other services mentioned above. 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 and interim management services, as well as performance improvement services for our health solutions practice clients, as well as interim management services. 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 e-discovery and information governance, hosting and consulting services and software 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 (“ESI”), 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, investor relations, reputation management, brand communications, public affairs, business consulting, 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, a non-GAAP measure, as the total of Adjusted Segment EBITDA for all segments, which excludes unallocated corporate expenses. 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: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Revenues Corporate Finance & Restructuring $ 132,142 $ 109,113 $ 259,298 $ 215,325 Forensic and Litigation Consulting 118,193 126,131 237,197 249,396 Economic Consulting 118,006 108,698 248,737 214,779 Technology 41,882 61,826 90,163 116,480 Strategic Communications 49,924 43,369 95,037 85,495 Total revenues $ 460,147 $ 449,137 $ 930,432 $ 881,475 Adjusted Segment EBITDA Corporate Finance & Restructuring $ 32,041 $ 22,032 $ 63,644 $ 44,512 Forensic and Litigation Consulting 15,190 19,979 34,998 42,050 Economic Consulting 15,381 15,292 36,700 26,848 Technology 5,035 12,166 12,858 22,239 Strategic Communications 8,440 5,631 14,548 11,383 Total Adjusted Segment EBITDA $ 76,087 $ 75,100 $ 162,748 $ 147,032 The table below reconciles Total Adjusted Segment EBITDA to income before income tax provision: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Total Adjusted Segment EBITDA $ 76,087 $ 75,100 $ 162,748 $ 147,032 Segment depreciation expense (7,179 ) (6,513 ) (14,208 ) (13,504 ) Amortization of intangible assets (2,590 ) (3,007 ) (5,196 ) (6,019 ) Special charges (1,750 ) — (6,811 ) — Unallocated corporate expenses, excluding special charges (20,406 ) (20,101 ) (39,152 ) (34,182 ) Interest income and other 4,125 950 6,682 813 Interest expense (6,303 ) (12,473 ) (12,532 ) (24,841 ) Remeasurement of acquisition-related contingent consideration — 1,675 (980 ) 1,675 Income before income tax provision $ 41,984 $ 35,631 $ 90,551 $ 70,974

Supplemental Condensed Consolid

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information	6 Months Ended
	Jun. 30, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information	13. 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 2022 Notes. The guarantees are full and unconditional and joint and several. All of our guarantors are wholly 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, 2016 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 73,009 $ 163 $ 109,493 $ — $ 182,665 Accounts receivable, net 174,100 176,861 196,337 — 547,298 Intercompany receivables — 961,704 34,648 (996,352 ) — Other current assets 41,736 19,795 20,248 — 81,779 Total current assets 288,845 1,158,523 360,726 (996,352 ) 811,742 Property and equipment, net 30,270 13,773 24,721 — 68,764 Goodwill 558,978 416,053 214,571 — 1,189,602 Other intangible assets, net 23,891 14,473 38,610 (19,406 ) 57,568 Investments in subsidiaries 2,036,140 494,788 — (2,530,928 ) — Other assets 52,437 69,685 37,666 — 159,788 Total assets $ 2,990,561 $ 2,167,295 $ 676,294 $ (3,546,686 ) $ 2,287,464 Liabilities Intercompany payables $ 966,409 $ — $ 29,943 $ (996,352 ) — Other current liabilities 118,913 107,893 98,236 — 325,042 Total current liabilities 1,085,322 107,893 128,179 (996,352 ) 325,042 Long-term debt, net 495,150 — — — 495,150 Other liabilities 206,846 14,233 42,950 — 264,029 Total liabilities 1,787,318 122,126 171,129 (996,352 ) 1,084,221 Stockholders' equity 1,203,243 2,045,169 505,165 (2,550,334 ) 1,203,243 Total liabilities and stockholders' equity $ 2,990,561 $ 2,167,295 $ 676,294 $ (3,546,686 ) $ 2,287,464 Condensed Consolidating Balance Sheet Information as of December 31, 2015 FTI Guarantor Non-Guarantor Consulting, Subsidiaries Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 35,211 $ 165 $ 114,384 $ — $ 149,760 Accounts receivable, net 159,121 169,488 171,175 — 499,784 Intercompany receivables — 936,452 62,651 (999,103 ) — Other current assets 44,086 25,627 22,368 — 92,081 Total current assets 238,418 1,131,732 370,578 (999,103 ) 741,625 Property and equipment, net 33,699 13,409 27,652 — 74,760 Goodwill 558,978 416,053 223,267 — 1,198,298 Other intangible assets, net 25,863 15,571 43,542 (21,041 ) 63,935 Investments in subsidiaries 1,995,409 486,462 — (2,481,871 ) — Other assets 40,359 72,981 37,060 — 150,400 Total assets $ 2,892,726 $ 2,136,208 $ 702,099 $ (3,502,015 ) $ 2,229,018 Liabilities Intercompany payables $ 930,066 $ 8,921 $ 60,116 $ (999,103 ) $ — Other current liabilities 135,421 107,188 104,468 — 347,077 Total current liabilities 1,065,487 116,109 164,584 (999,103 ) 347,077 Long-term debt, net 494,772 — — — 494,772 Other liabilities 184,864 12,562 42,140 — 239,566 Total liabilities 1,745,123 128,671 206,724 (999,103 ) 1,081,415 Stockholders' equity 1,147,603 2,007,537 495,375 (2,502,912 ) 1,147,603 Total liabilities and stockholders' equity $ 2,892,726 $ 2,136,208 $ 702,099 $ (3,502,015 ) $ 2,229,018 Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2016 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Revenues $ 175,278 $ 146,603 $ 140,557 $ (2,291 ) $ 460,147 Operating expenses Direct cost of revenues 115,254 99,622 90,556 (2,238 ) 303,194 Selling, general and administrative expenses 45,983 31,065 31,250 (53 ) 108,245 Special charges 1,750 — — — 1,750 Acquisition-related contingent consideration — 206 — — 206 Amortization of other intangible assets 986 540 1,882 (818 ) 2,590 163,973 131,433 123,688 (3,109 ) 415,985 Operating income 11,305 15,170 16,869 818 44,162 Other (expense) income (6,892 ) (1,559 ) 6,273 — (2,178 ) Income before income tax provision 4,413 13,611 23,142 818 41,984 Income tax provision 3,034 6,865 5,538 — 15,437 Equity in net earnings of subsidiaries 25,168 17,107 — (42,275 ) — Net income $ 26,547 $ 23,853 $ 17,604 $ (41,457 ) $ 26,547 Other comprehensive loss, net of tax: Foreign currency translation adjustments, net of tax expense of $0 — — (18,809 ) — (18,809 ) Total other comprehensive loss, net of tax: — — (18,809 ) — (18,809 ) Comprehensive income (loss) $ 26,547 $ 23,853 $ (1,205 ) $ (41,457 ) $ 7,738 Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2015 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Revenues $ 172,899 $ 289,431 $ 125,484 $ (138,677 ) $ 449,137 Operating expenses Direct cost of revenues 106,517 238,186 85,255 (138,489 ) 291,469 Selling, general and administrative expenses 48,177 30,962 30,094 (188 ) 109,045 Special charges — — — — — Acquisition-related contingent consideration (1,485 ) (53 ) — — (1,538 ) Amortization of other intangible assets 986 716 2,202 (897 ) 3,007 154,195 269,811 117,551 (139,574 ) 401,983 Operating income 18,704 19,620 7,933 897 47,154 Other (expense) income (11,709 ) (1,053 ) 1,239 — (11,523 ) Income before income tax provision 6,995 18,567 9,172 897 35,631 Income tax provision 4,124 8,267 1,531 — 13,922 Equity in net earnings of subsidiaries 18,838 6,851 — (25,689 ) — Net income $ 21,709 $ 17,151 $ 7,641 $ (24,792 ) $ 21,709 Other comprehensive income, net of tax: Foreign currency translation adjustments, net of tax expense of $0 — — 13,298 — 13,298 Total other comprehensive income, net of tax: — — 13,298 — 13,298 Comprehensive income $ 21,709 $ 17,151 $ 20,939 $ (24,792 ) $ 35,007 Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2016 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Revenues $ 358,272 $ 309,166 $ 267,623 $ (4,629 ) $ 930,432 Operating expenses Direct cost of revenues 229,683 208,812 174,871 (4,536 ) 608,830 Selling, general and administrative expenses 90,650 61,786 59,511 (93 ) 211,854 Special charges 1,750 4,563 498 — 6,811 Acquisition-related contingent consideration 6 1,334 — — 1,340 Amortization of other intangible assets 1,972 1,098 3,761 (1,635 ) 5,196 324,061 277,593 238,641 (6,264 ) 834,031 Operating income 34,211 31,573 28,982 1,635 96,401 Other (expense) income (11,969 ) (2,269 ) 8,388 — (5,850 ) Income before income tax provision 22,242 29,304 37,370 1,635 90,551 Income tax provision 11,183 13,724 8,916 — 33,823 Equity in net earnings of subsidiaries 45,669 26,989 — (72,658 ) — Net income $ 56,728 $ 42,569 $ 28,454 $ (71,023 ) $ 56,728 Other comprehensive loss, net of tax: Foreign currency translation adjustments, net of tax expense of $0 — — (19,167 ) — (19,167 ) Total other comprehensive loss, net of tax: — — (19,167 ) — (19,167 ) Comprehensive income $ 56,728 $ 42,569 $ 9,287 $ (71,023 ) $ 37,561 Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2015 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Revenues $ 342,034 $ 433,570 $ 247,336 $ (141,465 ) $ 881,475 Operating expenses Direct cost of revenues 211,580 334,773 165,338 (141,192 ) 570,499 Selling, general and administrative expenses 91,588 60,839 59,105 (273 ) 211,259 Special charges — — — — — Acquisition-related contingent consideration (1,420 ) 116 — — (1,304 ) Amortization of other intangible assets 1,972 1,431 4,383 (1,767 ) 6,019 303,720 397,159 228,826 (143,232 ) 786,473 Operating income 38,314 36,411 18,510 1,767 95,002 Other (expense) income (25,575 ) (3,063 ) 4,610 — (24,028 ) Income before income tax provision 12,739 33,348 23,120 1,767 70,974 Income tax provision 6,687 13,993 4,899 — 25,579 Equity in net earnings of subsidiaries 39,343 16,676 — (56,019 ) — Net income $ 45,395 $ 36,031 $ 18,221 $ (54,252 ) $ 45,395 Other comprehensive loss, net of tax: Foreign currency translation adjustments, net of tax expense of $0 — — (7,184 ) — (7,184 ) Total other comprehensive loss, net of tax: — — (7,184 ) — (7,184 ) Comprehensive income $ 45,395 $ 36,031 $ 11,037 $ (54,252 ) $ 38,211 Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2016 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Consolidated Operating activities Net cash (used in) provided by operating activities $ (3,975 ) $ 42,564 $ 2,044 $ 40,633 Investing activities Payments for acquisition of businesses, net of cash received — — (56 ) (56 ) Purchases of property and equipment and other (1,533 ) (7,821 ) (2,629 ) (11,983 ) Other 96 — — 96 Net cash used in investing activities (1,437 ) (7,821 ) (2,685 ) (11,943 ) Financing activities Deposits — — 2,557 2,557 Purchase and retirement of common stock (2,903 ) — — (2,903 ) Net issuance of common stock under equity compensation plans 9,353 — — 9,353 Other 418 (572 ) — (154 ) Intercompany transfers 36,342 (34,173 ) (2,169 ) — Net cash provided by (used in) financing activities 43,210 (34,745 ) 388 8,853 Effects of exchange rate changes on cash and cash equivalents — — (4,638 ) (4,638 ) Net increase (decrease) in cash and cash equivalents 37,798 (2 ) (4,891 ) 32,905 Cash and cash equivalents, beginning of year 35,211 165 114,384 149,760 Cash and cash equivalents, end of year $ 73,009 $ 163 $ 109,493 $ 182,665 Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2015 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Consolidated Operating activities Net cash (used in) provided by operating activities $ (28,171 ) $ 8,296 $ (10,856 ) $ (30,731 ) Investing activities Payments for acquisition of businesses, net of cash received — — (576 ) (576 ) Purchases of property and equipment and other (6,000 ) (8,887 ) (2,646 ) (17,533 ) Other 25 — 39 64 Net cash used in investing activities (5,975 ) (8,887 ) (3,183 ) (18,045 ) Financing activities Payments of debt financing fees (3,090 ) — — (3,090 ) Net issuance of common stock under equity compensation plans 8,662 — — 8,662 Deposits — — 2,423 2,423 Other (114 ) (212 ) — (326 ) Intercompany transfers (10,315 ) 803 9,512 — Net cash (used in) provided by financing activities (4,857 ) 591 11,935 7,669 Effects of exchange rate changes on cash and cash equivalents — — (2,585 ) (2,585 ) Net decrease in cash and cash equivalents (39,003 ) — (4,689 ) (43,692 ) Cash and cash equivalents, beginning of year 171,090 159 112,431 283,680 Cash and cash equivalents, end of year $ 132,087 $ 159 $ 107,742 $ 239,988

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Basic and Diluted	Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Numerator—basic and diluted Net income $ 26,547 $ 21,709 $ 56,728 $ 45,395 Denominator Weighted average number of common shares outstanding — basic 40,820 40,792 40,663 40,607 Effect of dilutive stock options 316 451 223 414 Effect of dilutive restricted shares 463 453 487 508 Weighted average number of common shares outstanding — diluted 41,599 41,696 41,373 41,529 Earnings per common share — basic $ 0.65 $ 0.53 $ 1.40 $ 1.12 Earnings per common share — diluted $ 0.64 $ 0.52 $ 1.37 $ 1.09 Antidilutive stock options and restricted shares 1,374 1,524 2,016 1,849

Special Charges (Tables)

Special Charges (Tables)	6 Months Ended
	Jun. 30, 2016
Text Block [Abstract]
Schedule of Special Charges Reserve by Type of Cost	Activity related to the liability for these costs for the six months ended June 30, 2016 is as follows: Employee Lease Termination Termination Costs Costs Total Balance at December 31, 2015 $ 7,768 $ 4,045 $ 11,813 Additions (1) 7,023 — 7,023 Payments (4,345 ) (386 ) (4,731 ) Foreign currency translation adjustment and other (3 ) — (3 ) Balance at June 30, 2016 $ 10,443 $ 3,659 $ 14,102 (1) Excludes $0.2 million in net non-cash expense reversals.

Goodwill and Other Intangible24

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Changes in Carrying Amounts of Goodwill by Operating Segment	Goodwill The changes in the carrying amounts of goodwill by operating segment for the six months ended June 30, 2016, are as follows: Corporate Forensic Finance & Litigation Economic Strategic Restructuring Consulting Consulting Technology Communications Total Balance at December 31, 2015 Goodwill 441,548 235,211 269,341 117,888 328,449 1,392,437 Accumulated goodwill impairment — — — — (194,139 ) (194,139 ) Goodwill, net at December 31, 2015 $ 441,548 $ 235,211 $ 269,341 $ 117,888 $ 134,310 $ 1,198,298 Foreign currency translation adjustment and other 435 (2,255 ) (565 ) (159 ) (6,152 ) (8,696 ) Goodwill 441,983 232,956 268,776 117,729 322,297 1,383,741 Accumulated goodwill impairment — — — — (194,139 ) (194,139 ) Goodwill, net at June 30, 2016 $ 441,983 $ 232,956 $ 268,776 $ 117,729 $ 128,158 $ 1,189,602

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Components of Debt Obligations	The components of debt obligations are presented in the table below: June 30, December 31, 2016 2015 6% senior notes due 2022 300,000 300,000 Senior Bank Credit Facility 200,000 200,000 Total debt 500,000 500,000 Less deferred debt issue costs (4,850 ) (5,228 ) Long-term debt, net $ 495,150 $ 494,772

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Schedule of Share-Based Compensation Expense	Total share-based compensation expense, net of forfeitures, for the three months ended June 30, 2016 and 2015 is detailed in the following table: Three Months Ended June 30, Six Months Ended June 30, Income Statement Classification 2016 2015 2016 2015 Direct cost of revenues $ 2,279 $ 2,234 $ 6,127 $ 6,133 Selling, general and administrative expenses 2,499 2,134 5,208 5,177 Special charges — — 105 — Total share-based compensation expense $ 4,778 $ 4,368 $ 11,440 $ 11,310

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2016
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, 2016 2015 2016 2015 Revenues Corporate Finance & Restructuring $ 132,142 $ 109,113 $ 259,298 $ 215,325 Forensic and Litigation Consulting 118,193 126,131 237,197 249,396 Economic Consulting 118,006 108,698 248,737 214,779 Technology 41,882 61,826 90,163 116,480 Strategic Communications 49,924 43,369 95,037 85,495 Total revenues $ 460,147 $ 449,137 $ 930,432 $ 881,475 Adjusted Segment EBITDA Corporate Finance & Restructuring $ 32,041 $ 22,032 $ 63,644 $ 44,512 Forensic and Litigation Consulting 15,190 19,979 34,998 42,050 Economic Consulting 15,381 15,292 36,700 26,848 Technology 5,035 12,166 12,858 22,239 Strategic Communications 8,440 5,631 14,548 11,383 Total Adjusted Segment EBITDA $ 76,087 $ 75,100 $ 162,748 $ 147,032
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 June 30, Six Months Ended June 30, 2016 2015 2016 2015 Total Adjusted Segment EBITDA $ 76,087 $ 75,100 $ 162,748 $ 147,032 Segment depreciation expense (7,179 ) (6,513 ) (14,208 ) (13,504 ) Amortization of intangible assets (2,590 ) (3,007 ) (5,196 ) (6,019 ) Special charges (1,750 ) — (6,811 ) — Unallocated corporate expenses, excluding special charges (20,406 ) (20,101 ) (39,152 ) (34,182 ) Interest income and other 4,125 950 6,682 813 Interest expense (6,303 ) (12,473 ) (12,532 ) (24,841 ) Remeasurement of acquisition-related contingent consideration — 1,675 (980 ) 1,675 Income before income tax provision $ 41,984 $ 35,631 $ 90,551 $ 70,974

Supplemental Condensed Consol28

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information (Tables)	6 Months Ended
	Jun. 30, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Condensed Consolidating Balance Sheet Information	Condensed Consolidating Balance Sheet Information as of June 30, 2016 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 73,009 $ 163 $ 109,493 $ — $ 182,665 Accounts receivable, net 174,100 176,861 196,337 — 547,298 Intercompany receivables — 961,704 34,648 (996,352 ) — Other current assets 41,736 19,795 20,248 — 81,779 Total current assets 288,845 1,158,523 360,726 (996,352 ) 811,742 Property and equipment, net 30,270 13,773 24,721 — 68,764 Goodwill 558,978 416,053 214,571 — 1,189,602 Other intangible assets, net 23,891 14,473 38,610 (19,406 ) 57,568 Investments in subsidiaries 2,036,140 494,788 — (2,530,928 ) — Other assets 52,437 69,685 37,666 — 159,788 Total assets $ 2,990,561 $ 2,167,295 $ 676,294 $ (3,546,686 ) $ 2,287,464 Liabilities Intercompany payables $ 966,409 $ — $ 29,943 $ (996,352 ) — Other current liabilities 118,913 107,893 98,236 — 325,042 Total current liabilities 1,085,322 107,893 128,179 (996,352 ) 325,042 Long-term debt, net 495,150 — — — 495,150 Other liabilities 206,846 14,233 42,950 — 264,029 Total liabilities 1,787,318 122,126 171,129 (996,352 ) 1,084,221 Stockholders' equity 1,203,243 2,045,169 505,165 (2,550,334 ) 1,203,243 Total liabilities and stockholders' equity $ 2,990,561 $ 2,167,295 $ 676,294 $ (3,546,686 ) $ 2,287,464 Condensed Consolidating Balance Sheet Information as of December 31, 2015 FTI Guarantor Non-Guarantor Consulting, Subsidiaries Subsidiaries Eliminations Consolidated Assets Cash and cash equivalents $ 35,211 $ 165 $ 114,384 $ — $ 149,760 Accounts receivable, net 159,121 169,488 171,175 — 499,784 Intercompany receivables — 936,452 62,651 (999,103 ) — Other current assets 44,086 25,627 22,368 — 92,081 Total current assets 238,418 1,131,732 370,578 (999,103 ) 741,625 Property and equipment, net 33,699 13,409 27,652 — 74,760 Goodwill 558,978 416,053 223,267 — 1,198,298 Other intangible assets, net 25,863 15,571 43,542 (21,041 ) 63,935 Investments in subsidiaries 1,995,409 486,462 — (2,481,871 ) — Other assets 40,359 72,981 37,060 — 150,400 Total assets $ 2,892,726 $ 2,136,208 $ 702,099 $ (3,502,015 ) $ 2,229,018 Liabilities Intercompany payables $ 930,066 $ 8,921 $ 60,116 $ (999,103 ) $ — Other current liabilities 135,421 107,188 104,468 — 347,077 Total current liabilities 1,065,487 116,109 164,584 (999,103 ) 347,077 Long-term debt, net 494,772 — — — 494,772 Other liabilities 184,864 12,562 42,140 — 239,566 Total liabilities 1,745,123 128,671 206,724 (999,103 ) 1,081,415 Stockholders' equity 1,147,603 2,007,537 495,375 (2,502,912 ) 1,147,603 Total liabilities and stockholders' equity $ 2,892,726 $ 2,136,208 $ 702,099 $ (3,502,015 ) $ 2,229,018
Condensed Consolidating Statement of Comprehensive Income	Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2016 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Revenues $ 175,278 $ 146,603 $ 140,557 $ (2,291 ) $ 460,147 Operating expenses Direct cost of revenues 115,254 99,622 90,556 (2,238 ) 303,194 Selling, general and administrative expenses 45,983 31,065 31,250 (53 ) 108,245 Special charges 1,750 — — — 1,750 Acquisition-related contingent consideration — 206 — — 206 Amortization of other intangible assets 986 540 1,882 (818 ) 2,590 163,973 131,433 123,688 (3,109 ) 415,985 Operating income 11,305 15,170 16,869 818 44,162 Other (expense) income (6,892 ) (1,559 ) 6,273 — (2,178 ) Income before income tax provision 4,413 13,611 23,142 818 41,984 Income tax provision 3,034 6,865 5,538 — 15,437 Equity in net earnings of subsidiaries 25,168 17,107 — (42,275 ) — Net income $ 26,547 $ 23,853 $ 17,604 $ (41,457 ) $ 26,547 Other comprehensive loss, net of tax: Foreign currency translation adjustments, net of tax expense of $0 — — (18,809 ) — (18,809 ) Total other comprehensive loss, net of tax: — — (18,809 ) — (18,809 ) Comprehensive income (loss) $ 26,547 $ 23,853 $ (1,205 ) $ (41,457 ) $ 7,738 Condensed Consolidating Statement of Comprehensive Income for the Three Months Ended June 30, 2015 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Revenues $ 172,899 $ 289,431 $ 125,484 $ (138,677 ) $ 449,137 Operating expenses Direct cost of revenues 106,517 238,186 85,255 (138,489 ) 291,469 Selling, general and administrative expenses 48,177 30,962 30,094 (188 ) 109,045 Special charges — — — — — Acquisition-related contingent consideration (1,485 ) (53 ) — — (1,538 ) Amortization of other intangible assets 986 716 2,202 (897 ) 3,007 154,195 269,811 117,551 (139,574 ) 401,983 Operating income 18,704 19,620 7,933 897 47,154 Other (expense) income (11,709 ) (1,053 ) 1,239 — (11,523 ) Income before income tax provision 6,995 18,567 9,172 897 35,631 Income tax provision 4,124 8,267 1,531 — 13,922 Equity in net earnings of subsidiaries 18,838 6,851 — (25,689 ) — Net income $ 21,709 $ 17,151 $ 7,641 $ (24,792 ) $ 21,709 Other comprehensive income, net of tax: Foreign currency translation adjustments, net of tax expense of $0 — — 13,298 — 13,298 Total other comprehensive income, net of tax: — — 13,298 — 13,298 Comprehensive income $ 21,709 $ 17,151 $ 20,939 $ (24,792 ) $ 35,007 Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2016 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Revenues $ 358,272 $ 309,166 $ 267,623 $ (4,629 ) $ 930,432 Operating expenses Direct cost of revenues 229,683 208,812 174,871 (4,536 ) 608,830 Selling, general and administrative expenses 90,650 61,786 59,511 (93 ) 211,854 Special charges 1,750 4,563 498 — 6,811 Acquisition-related contingent consideration 6 1,334 — — 1,340 Amortization of other intangible assets 1,972 1,098 3,761 (1,635 ) 5,196 324,061 277,593 238,641 (6,264 ) 834,031 Operating income 34,211 31,573 28,982 1,635 96,401 Other (expense) income (11,969 ) (2,269 ) 8,388 — (5,850 ) Income before income tax provision 22,242 29,304 37,370 1,635 90,551 Income tax provision 11,183 13,724 8,916 — 33,823 Equity in net earnings of subsidiaries 45,669 26,989 — (72,658 ) — Net income $ 56,728 $ 42,569 $ 28,454 $ (71,023 ) $ 56,728 Other comprehensive loss, net of tax: Foreign currency translation adjustments, net of tax expense of $0 — — (19,167 ) — (19,167 ) Total other comprehensive loss, net of tax: — — (19,167 ) — (19,167 ) Comprehensive income $ 56,728 $ 42,569 $ 9,287 $ (71,023 ) $ 37,561 Condensed Consolidating Statement of Comprehensive Income for the Six Months Ended June 30, 2015 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Eliminations Consolidated Revenues $ 342,034 $ 433,570 $ 247,336 $ (141,465 ) $ 881,475 Operating expenses Direct cost of revenues 211,580 334,773 165,338 (141,192 ) 570,499 Selling, general and administrative expenses 91,588 60,839 59,105 (273 ) 211,259 Special charges — — — — — Acquisition-related contingent consideration (1,420 ) 116 — — (1,304 ) Amortization of other intangible assets 1,972 1,431 4,383 (1,767 ) 6,019 303,720 397,159 228,826 (143,232 ) 786,473 Operating income 38,314 36,411 18,510 1,767 95,002 Other (expense) income (25,575 ) (3,063 ) 4,610 — (24,028 ) Income before income tax provision 12,739 33,348 23,120 1,767 70,974 Income tax provision 6,687 13,993 4,899 — 25,579 Equity in net earnings of subsidiaries 39,343 16,676 — (56,019 ) — Net income $ 45,395 $ 36,031 $ 18,221 $ (54,252 ) $ 45,395 Other comprehensive loss, net of tax: Foreign currency translation adjustments, net of tax expense of $0 — — (7,184 ) — (7,184 ) Total other comprehensive loss, net of tax: — — (7,184 ) — (7,184 ) Comprehensive income $ 45,395 $ 36,031 $ 11,037 $ (54,252 ) $ 38,211
Condensed Consolidating Statement of Cash Flow	Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2016 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Consolidated Operating activities Net cash (used in) provided by operating activities $ (3,975 ) $ 42,564 $ 2,044 $ 40,633 Investing activities Payments for acquisition of businesses, net of cash received — — (56 ) (56 ) Purchases of property and equipment and other (1,533 ) (7,821 ) (2,629 ) (11,983 ) Other 96 — — 96 Net cash used in investing activities (1,437 ) (7,821 ) (2,685 ) (11,943 ) Financing activities Deposits — — 2,557 2,557 Purchase and retirement of common stock (2,903 ) — — (2,903 ) Net issuance of common stock under equity compensation plans 9,353 — — 9,353 Other 418 (572 ) — (154 ) Intercompany transfers 36,342 (34,173 ) (2,169 ) — Net cash provided by (used in) financing activities 43,210 (34,745 ) 388 8,853 Effects of exchange rate changes on cash and cash equivalents — — (4,638 ) (4,638 ) Net increase (decrease) in cash and cash equivalents 37,798 (2 ) (4,891 ) 32,905 Cash and cash equivalents, beginning of year 35,211 165 114,384 149,760 Cash and cash equivalents, end of year $ 73,009 $ 163 $ 109,493 $ 182,665 Condensed Consolidating Statement of Cash Flows for the Six Months Ended June 30, 2015 FTI Guarantor Non-Guarantor Consulting, Inc. Subsidiaries Subsidiaries Consolidated Operating activities Net cash (used in) provided by operating activities $ (28,171 ) $ 8,296 $ (10,856 ) $ (30,731 ) Investing activities Payments for acquisition of businesses, net of cash received — — (576 ) (576 ) Purchases of property and equipment and other (6,000 ) (8,887 ) (2,646 ) (17,533 ) Other 25 — 39 64 Net cash used in investing activities (5,975 ) (8,887 ) (3,183 ) (18,045 ) Financing activities Payments of debt financing fees (3,090 ) — — (3,090 ) Net issuance of common stock under equity compensation plans 8,662 — — 8,662 Deposits — — 2,423 2,423 Other (114 ) (212 ) — (326 ) Intercompany transfers (10,315 ) 803 9,512 — Net cash (used in) provided by financing activities (4,857 ) 591 11,935 7,669 Effects of exchange rate changes on cash and cash equivalents — — (2,585 ) (2,585 ) Net decrease in cash and cash equivalents (39,003 ) — (4,689 ) (43,692 ) Cash and cash equivalents, beginning of year 171,090 159 112,431 283,680 Cash and cash equivalents, end of year $ 132,087 $ 159 $ 107,742 $ 239,988

Earnings Per Common Share Basic

Earnings Per Common Share Basic and Diluted (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Numerator—basic and diluted
Net income	$ 26,547	$ 21,709	$ 56,728	$ 45,395
Denominator
Weighted average number of common shares outstanding — basic	40,820	40,792	40,663	40,607
Effect of dilutive stock options	316	451	223	414
Effect of dilutive restricted shares	463	453	487	508
Weighted average number of common shares outstanding — diluted	41,599	41,696	41,373	41,529
Earnings per common share — basic	$ 0.65	$ 0.53	$ 1.40	$ 1.12
Earnings per common share — diluted	$ 0.64	$ 0.52	$ 1.37	$ 1.09
Stock Options And Restricted Shares
Denominator
Anti-dilutive securities excluded from computation of earnings per share	1,374	1,524	2,016	1,849

Special Charges - Additional In

Special Charges - Additional Information (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2016USD ($)Employee	Dec. 31, 2015USD ($)
Other Income And Expenses [Abstract]
Special charges	$ 1,750	$ 6,811
Number of employees terminated for future growth | Employee		19
Special charges liability	$ 14,102	$ 14,102	$ 11,813
Total expected payments to special charges, amount expected to be paid in 2016		4,500
Total expected payments to special charges, amount expected to be paid in 2017		4,100
Total expected payments to special charges, amount expected to be paid in 2018		2,600
Total expected payments to special charges, amount expected to be paid in 2019		1,200
Total expected payments to special charges, amount expected to be paid from 2020 to 2026		$ 1,700

Activity Related to Liability f

Activity Related to Liability for Special Charges (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)
Special Charges [Line Items]
Beginning Balance	$ 11,813
Additions	7,023	[1]
Payments	(4,731)
Foreign currency translation adjustment and other	(3)
Ending Balance	14,102
Employee Termination Costs
Special Charges [Line Items]
Beginning Balance	7,768
Additions	7,023	[1]
Payments	(4,345)
Foreign currency translation adjustment and other	(3)
Ending Balance	10,443
Lease Termination Costs
Special Charges [Line Items]
Beginning Balance	4,045
Payments	(386)
Ending Balance	$ 3,659
[1]	Excludes $0.2 million in net non-cash expense reversals.

Activity Related to Liability32

Activity Related to Liability for Special Charges (Parenthetical) (Detail) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
Other Income And Expenses [Abstract]
Net non-cash expense reversals	$ 0.2

Allowance for Doubtful Accoun33

Allowance for Doubtful Accounts and Unbilled Services - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Receivables [Abstract]
Provision for doubtful accounts	$ 3,900	$ 3,600	$ 4,344	$ 6,571

Research and Development Costs

Research and Development Costs - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Research And Development [Abstract]
Research and development costs related to software development	$ 4.5	$ 4.8	$ 8.5	$ 10.7

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Assets Sold Under Agreements To Repurchase [Line Items]
Long-term debt, fair value	$ 516,500,000		$ 516,500,000		$ 513,500,000
Long-term debt, carrying value	500,000,000		500,000,000		$ 500,000,000
Gain/Loss on remeasurement of contingent consideration	$ 0	$ 1,700,000	$ 1,000,000	$ 1,700,000
Contractual Settlement		$ 1,500,000		$ 1,500,000
6.0% Senior Notes Due 2022
Assets Sold Under Agreements To Repurchase [Line Items]
Interest percentage	6.00%		6.00%
Debt maturity period			2,022		2,022
Senior Bank Credit Facility
Assets Sold Under Agreements To Repurchase [Line Items]
Line of credit maximum borrowing capacity	$ 550,000,000		$ 550,000,000		$ 550,000,000

Changes in Carrying Amounts of

Changes in Carrying Amounts of Goodwill by Operating Segment (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Goodwill [Line Items]
Goodwill, Gross	$ 1,383,741	$ 1,392,437
Accumulated goodwill impairment	(194,139)	(194,139)
Goodwill, net	1,189,602	1,198,298
Foreign currency translation adjustment and other	(8,696)
Corporate Finance & Restructuring
Goodwill [Line Items]
Goodwill, Gross	441,983	441,548
Goodwill, net	441,983	441,548
Foreign currency translation adjustment and other	435
Forensic and Litigation Consulting
Goodwill [Line Items]
Goodwill, Gross	232,956	235,211
Goodwill, net	232,956	235,211
Foreign currency translation adjustment and other	(2,255)
Economic Consulting
Goodwill [Line Items]
Goodwill, Gross	268,776	269,341
Goodwill, net	268,776	269,341
Foreign currency translation adjustment and other	(565)
Technology
Goodwill [Line Items]
Goodwill, Gross	117,729	117,888
Goodwill, net	117,729	117,888
Foreign currency translation adjustment and other	(159)
Strategic Communications
Goodwill [Line Items]
Goodwill, Gross	322,297	328,449
Accumulated goodwill impairment	(194,139)	(194,139)
Goodwill, net	128,158	$ 134,310
Foreign currency translation adjustment and other	$ (6,152)

Goodwill and Other Intangible37

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Amortization of other intangible assets	$ 2,590	$ 3,007	$ 5,196	$ 6,019
Estimated amortization expense during the remainder of 2016	5,100		5,100
Estimated amortization expense for the year 2017	9,400		9,400
Estimated amortization expense for the year 2018	7,900		7,900
Estimated amortization expense for the year 2019	7,200		7,200
Estimated amortization expense for the year 2020	7,100		7,100
Estimated amortization expense for the year 2021	6,600		6,600
Estimated amortization expense after the year 2021	$ 8,700		$ 8,700

Components of Long-Term Debt Ob

Components of Long-Term Debt Obligations (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total debt	$ 500,000	$ 500,000
Less deferred debt issue costs	(4,850)	(5,228)
Long-term debt, net	495,150	494,772
Senior Bank Credit Facility
Debt Instrument [Line Items]
Credit facility	200,000	200,000
6.0% Senior Notes Due 2022
Debt Instrument [Line Items]
Senior notes	$ 300,000	$ 300,000

Long-Term Debt and Capital Leas

Long-Term Debt and Capital Lease Obligations - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
6.0% Senior Notes Due 2022
Debt Instrument [Line Items]
Debt maturity period	2,022	2,022
Senior Bank Credit Facility
Debt Instrument [Line Items]
Credit facility	$ 200,000	$ 200,000
Letters of Credit Outstanding, Amount	$ 1,400

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail)	3 Months Ended	6 Months Ended
	Jun. 30, 2016shares	Jun. 30, 2016shares
Stock Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based awards exercisable	118,865	118,865
Share based awards forfeited	73,832
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based awards	271,064	496,336
Share based awards forfeited	14,022
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based awards	11,844	64,948
Performance Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based awards		83,914

Schedule of Share-based Compens

Schedule of Share-based Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 4,778	$ 4,368	$ 11,440	$ 11,310
Direct Cost Of Revenues
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	2,279	2,234	6,127	6,133
Selling, General And Administrative Expenses
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense	$ 2,499	$ 2,134	5,208	$ 5,177
Special Charges
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total share-based compensation expense			$ 105

Segment Reporting - Additional

Segment Reporting - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2016Segment
Segment Reporting [Abstract]
Number of operating segments	5

Revenues and Adjusted Segment E

Revenues and Adjusted Segment Earnings before Interest, Taxes, Depreciation and Amortization for Reportable Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenues	$ 460,147	$ 449,137	$ 930,432	$ 881,475
Adjusted Segment EBITDA	76,087	75,100	162,748	147,032
Corporate Finance & Restructuring
Segment Reporting Information [Line Items]
Revenues	132,142	109,113	259,298	215,325
Adjusted Segment EBITDA	32,041	22,032	63,644	44,512
Forensic and Litigation Consulting
Segment Reporting Information [Line Items]
Revenues	118,193	126,131	237,197	249,396
Adjusted Segment EBITDA	15,190	19,979	34,998	42,050
Economic Consulting
Segment Reporting Information [Line Items]
Revenues	118,006	108,698	248,737	214,779
Adjusted Segment EBITDA	15,381	15,292	36,700	26,848
Technology
Segment Reporting Information [Line Items]
Revenues	41,882	61,826	90,163	116,480
Adjusted Segment EBITDA	5,035	12,166	12,858	22,239
Strategic Communications
Segment Reporting Information [Line Items]
Revenues	49,924	43,369	95,037	85,495
Adjusted Segment EBITDA	$ 8,440	$ 5,631	$ 14,548	$ 11,383

Reconciliation of Adjusted Segm

Reconciliation of Adjusted Segment Earnings before Interest, Taxes, Depreciation and Amortization (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting [Abstract]
Total Adjusted Segment EBITDA	$ 76,087	$ 75,100	$ 162,748	$ 147,032
Segment depreciation expense	(7,179)	(6,513)	(14,208)	(13,504)
Amortization of intangible assets	(2,590)	(3,007)	(5,196)	(6,019)
Special charges	(1,750)		(6,811)
Unallocated corporate expenses, excluding special charges	(20,406)	(20,101)	(39,152)	(34,182)
Interest income and other	4,125	950	6,682	813
Interest expense	(6,303)	(12,473)	(12,532)	(24,841)
Remeasurement of acquisition-related contingent consideration		1,675	(980)	1,675
Income before income tax provision	$ 41,984	$ 35,631	$ 90,551	$ 70,974

Supplemental Condensed Consol45

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information Condensed Consolidating Balance Sheet Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 182,665	$ 149,760	$ 239,988	$ 283,680
Accounts receivable, net	547,298	499,784
Other current assets	81,779	92,081
Total current assets	811,742	741,625
Property and equipment, net	68,764	74,760
Goodwill	1,189,602	1,198,298
Other intangible assets, net	57,568	63,935
Other assets	159,788	150,400
Total assets	2,287,464	2,229,018
Liabilities
Other current liabilities	325,042	347,077
Total current liabilities	325,042	347,077
Long-term debt, net	495,150	494,772
Other liabilities	264,029	239,566
Total liabilities	1,084,221	1,081,415
Stockholders' equity	1,203,243	1,147,603
Total liabilities and stockholders' equity	2,287,464	2,229,018
FTI Consulting, Inc.
Assets
Cash and cash equivalents	73,009	35,211	132,087	171,090
Accounts receivable, net	174,100	159,121
Other current assets	41,736	44,086
Total current assets	288,845	238,418
Property and equipment, net	30,270	33,699
Goodwill	558,978	558,978
Other intangible assets, net	23,891	25,863
Investments in subsidiaries	2,036,140	1,995,409
Other assets	52,437	40,359
Total assets	2,990,561	2,892,726
Liabilities
Intercompany payables	966,409	930,066
Other current liabilities	118,913	135,421
Total current liabilities	1,085,322	1,065,487
Long-term debt, net	495,150	494,772
Other liabilities	206,846	184,864
Total liabilities	1,787,318	1,745,123
Stockholders' equity	1,203,243	1,147,603
Total liabilities and stockholders' equity	2,990,561	2,892,726
Guarantor Subsidiaries
Assets
Cash and cash equivalents	163	165	159	159
Accounts receivable, net	176,861	169,488
Intercompany receivables	961,704	936,452
Other current assets	19,795	25,627
Total current assets	1,158,523	1,131,732
Property and equipment, net	13,773	13,409
Goodwill	416,053	416,053
Other intangible assets, net	14,473	15,571
Investments in subsidiaries	494,788	486,462
Other assets	69,685	72,981
Total assets	2,167,295	2,136,208
Liabilities
Intercompany payables		8,921
Other current liabilities	107,893	107,188
Total current liabilities	107,893	116,109
Other liabilities	14,233	12,562
Total liabilities	122,126	128,671
Stockholders' equity	2,045,169	2,007,537
Total liabilities and stockholders' equity	2,167,295	2,136,208
Non-Guarantor Subsidiaries
Assets
Cash and cash equivalents	109,493	114,384	$ 107,742	$ 112,431
Accounts receivable, net	196,337	171,175
Intercompany receivables	34,648	62,651
Other current assets	20,248	22,368
Total current assets	360,726	370,578
Property and equipment, net	24,721	27,652
Goodwill	214,571	223,267
Other intangible assets, net	38,610	43,542
Other assets	37,666	37,060
Total assets	676,294	702,099
Liabilities
Intercompany payables	29,943	60,116
Other current liabilities	98,236	104,468
Total current liabilities	128,179	164,584
Other liabilities	42,950	42,140
Total liabilities	171,129	206,724
Stockholders' equity	505,165	495,375
Total liabilities and stockholders' equity	676,294	702,099
Eliminations
Assets
Intercompany receivables	(996,352)	(999,103)
Total current assets	(996,352)	(999,103)
Other intangible assets, net	(19,406)	(21,041)
Investments in subsidiaries	(2,530,928)	(2,481,871)
Total assets	(3,546,686)	(3,502,015)
Liabilities
Intercompany payables	(996,352)	(999,103)
Total current liabilities	(996,352)	(999,103)
Total liabilities	(996,352)	(999,103)
Stockholders' equity	(2,550,334)	(2,502,912)
Total liabilities and stockholders' equity	$ (3,546,686)	$ (3,502,015)

Supplemental Condensed Consol46

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information (Condensed Consolidating Statement Of Comprehensive Income) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues	$ 460,147	$ 449,137	$ 930,432	$ 881,475
Operating expenses
Direct cost of revenues	303,194	291,469	608,830	570,499
Selling, general and administrative expenses	108,245	109,045	211,854	211,259
Special charges	1,750		6,811
Acquisition-related contingent consideration	206	(1,538)	1,340	(1,304)
Amortization of other intangible assets	2,590	3,007	5,196	6,019
Costs and Expenses, Total	415,985	401,983	834,031	786,473
Operating income	44,162	47,154	96,401	95,002
Other (expense) income	(2,178)	(11,523)	(5,850)	(24,028)
Income before income tax provision	41,984	35,631	90,551	70,974
Income tax provision	15,437	13,922	33,823	25,579
Net income	26,547	21,709	56,728	45,395
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax expense of $0	(18,809)	13,298	(19,167)	(7,184)
Total other comprehensive (loss) income, net of tax	(18,809)	13,298	(19,167)	(7,184)
Comprehensive income	7,738	35,007	37,561	38,211
FTI Consulting, Inc.
Revenues	175,278	172,899	358,272	342,034
Operating expenses
Direct cost of revenues	115,254	106,517	229,683	211,580
Selling, general and administrative expenses	45,983	48,177	90,650	91,588
Special charges	1,750		1,750
Acquisition-related contingent consideration		(1,485)	6	(1,420)
Amortization of other intangible assets	986	986	1,972	1,972
Costs and Expenses, Total	163,973	154,195	324,061	303,720
Operating income	11,305	18,704	34,211	38,314
Other (expense) income	(6,892)	(11,709)	(11,969)	(25,575)
Income before income tax provision	4,413	6,995	22,242	12,739
Income tax provision	3,034	4,124	11,183	6,687
Equity in net earnings of subsidiaries	25,168	18,838	45,669	39,343
Net income	26,547	21,709	56,728	45,395
Other comprehensive income (loss), net of tax:
Comprehensive income	26,547	21,709	56,728	45,395
Guarantor Subsidiaries
Revenues	146,603	289,431	309,166	433,570
Operating expenses
Direct cost of revenues	99,622	238,186	208,812	334,773
Selling, general and administrative expenses	31,065	30,962	61,786	60,839
Special charges			4,563
Acquisition-related contingent consideration	206	(53)	1,334	116
Amortization of other intangible assets	540	716	1,098	1,431
Costs and Expenses, Total	131,433	269,811	277,593	397,159
Operating income	15,170	19,620	31,573	36,411
Other (expense) income	(1,559)	(1,053)	(2,269)	(3,063)
Income before income tax provision	13,611	18,567	29,304	33,348
Income tax provision	6,865	8,267	13,724	13,993
Equity in net earnings of subsidiaries	17,107	6,851	26,989	16,676
Net income	23,853	17,151	42,569	36,031
Other comprehensive income (loss), net of tax:
Comprehensive income	23,853	17,151	42,569	36,031
Non-Guarantor Subsidiaries
Revenues	140,557	125,484	267,623	247,336
Operating expenses
Direct cost of revenues	90,556	85,255	174,871	165,338
Selling, general and administrative expenses	31,250	30,094	59,511	59,105
Special charges			498
Amortization of other intangible assets	1,882	2,202	3,761	4,383
Costs and Expenses, Total	123,688	117,551	238,641	228,826
Operating income	16,869	7,933	28,982	18,510
Other (expense) income	6,273	1,239	8,388	4,610
Income before income tax provision	23,142	9,172	37,370	23,120
Income tax provision	5,538	1,531	8,916	4,899
Net income	17,604	7,641	28,454	18,221
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments, net of tax expense of $0	(18,809)	13,298	(19,167)	(7,184)
Total other comprehensive (loss) income, net of tax	(18,809)	13,298	(19,167)	(7,184)
Comprehensive income	(1,205)	20,939	9,287	11,037
Eliminations
Revenues	(2,291)	(138,677)	(4,629)	(141,465)
Operating expenses
Direct cost of revenues	(2,238)	(138,489)	(4,536)	(141,192)
Selling, general and administrative expenses	(53)	(188)	(93)	(273)
Amortization of other intangible assets	(818)	(897)	(1,635)	(1,767)
Costs and Expenses, Total	(3,109)	(139,574)	(6,264)	(143,232)
Operating income	818	897	1,635	1,767
Income before income tax provision	818	897	1,635	1,767
Equity in net earnings of subsidiaries	(42,275)	(25,689)	(72,658)	(56,019)
Net income	(41,457)	(24,792)	(71,023)	(54,252)
Other comprehensive income (loss), net of tax:
Comprehensive income	$ (41,457)	$ (24,792)	$ (71,023)	$ (54,252)

Supplemental Condensed Consol47

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information (Condensed Consolidating Statement Of Comprehensive Income) (Parenthetical) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Foreign currency translation adjustments, tax expense	$ 0	$ 0	$ 0	$ 0

Supplemental Condensed Consol48

Supplemental Condensed Consolidating Guarantor and Non-Guarantor Financial Information Condensed Consolidating Statement Of Cash Flow (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating activities
Net cash (used in) provided by operating activities	$ 40,633	$ (30,731)
Investing activities
Payments for acquisition of businesses, net of cash received	(56)	(576)
Purchases of property and equipment	(11,983)	(17,533)
Other	96	64
Net cash used in investing activities	(11,943)	(18,045)
Financing activities
Payments of debt issue costs		(3,090)
Net issuance of common stock under equity compensation plans	9,353	8,662
Deposits	2,557	2,423
Purchase and retirement of common stock	(2,903)
Other	(154)	(326)
Net cash provided by financing activities	8,853	7,669
Effect of exchange rate changes on cash and cash equivalents	(4,638)	(2,585)
Net increase (decrease) in cash and cash equivalents	32,905	(43,692)
Cash and cash equivalents, beginning of period	149,760	283,680
Cash and cash equivalents, end of period	182,665	239,988
FTI Consulting, Inc.
Operating activities
Net cash (used in) provided by operating activities	(3,975)	(28,171)
Investing activities
Purchases of property and equipment	(1,533)	(6,000)
Other	96	25
Net cash used in investing activities	(1,437)	(5,975)
Financing activities
Payments of debt issue costs		(3,090)
Net issuance of common stock under equity compensation plans	9,353	8,662
Purchase and retirement of common stock	(2,903)
Other	418	(114)
Intercompany transfers	36,342	(10,315)
Net cash provided by financing activities	43,210	(4,857)
Net increase (decrease) in cash and cash equivalents	37,798
Cash and cash equivalents, beginning of period	35,211	171,090
Cash and cash equivalents, end of period	73,009	132,087
Guarantor Subsidiaries
Operating activities
Net cash (used in) provided by operating activities	42,564	8,296
Investing activities
Purchases of property and equipment	(7,821)	(8,887)
Net cash used in investing activities	(7,821)	(8,887)
Financing activities
Other	(572)	(212)
Intercompany transfers	(34,173)	803
Net cash provided by financing activities	(34,745)	591
Net increase (decrease) in cash and cash equivalents	(2)
Cash and cash equivalents, beginning of period	165	159
Cash and cash equivalents, end of period	163	159
Non-Guarantor Subsidiaries
Operating activities
Net cash (used in) provided by operating activities	2,044	(10,856)
Investing activities
Payments for acquisition of businesses, net of cash received	(56)	(576)
Purchases of property and equipment	(2,629)	(2,646)
Other		39
Net cash used in investing activities	(2,685)	(3,183)
Financing activities
Deposits	2,557	2,423
Intercompany transfers	(2,169)	9,512
Net cash provided by financing activities	388	11,935
Effect of exchange rate changes on cash and cash equivalents	(4,638)	(2,585)
Net increase (decrease) in cash and cash equivalents	(4,891)
Cash and cash equivalents, beginning of period	114,384	112,431
Cash and cash equivalents, end of period	$ 109,493	$ 107,742