Slide 1: FTI Consulting, Inc. Current Investor Presentation
FTI Consulting, Inc. Current Investor Presentation May 2016
Slide 2: Cautionary Note About Forward-Looking Statements
Cautionary Note About Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which involve uncertainties and risks. Forward- lo
Slide 3: FTI Consulting: A Leader Among Leaders
FTI Consulting: A Leader Among Leaders FCN Publicly traded $1.5BLN 1982 Year founded 4,600+ Total employees worldwide Equity market capitalization(1) 430+ 81 9 2 Nobel Senior Managing Directors Offices in 81 cities around the globe 9 Specialized Industry Practice Groups Laureates 10/10 Advisor to wo
Slide 4: Overview
Overview FTI Consulting is a leading professional services company with strong people and strong positions – corporations and law firms come to FTI Consulting when there is a critical need In 2015, the Company delivered a double-digit Adjusted EPS gain marking the best year-over-year improvement in
Slide 5: Balanced and Diversified Portfolio
Balanced and Diversified Portfolio Corporate Finance & Restructuring Q1 2016 Segment Revenues Bankruptcy Support Services Performance Improvement Business Transformation Services Private Equity Advisory Interim Management Services Restructuring/Turnaround Services Investment Banking Transaction Serv
Slide 6: Corporate Finance & Restructuring
Corporate Finance & Restructuring Services Bankruptcy Support Services Transaction Services Business Transformation Services Valuation & Financial Advisory Services Interim Management Services Clients Investment Banking Corporations/C-Suite Litigation Support Boards of Directors Performance Improvem
Slide 7: Corporate Finance & Restructuring (continued)
Corporate Finance & Restructuring (continued) Segment Offering Q1 2016 Form 10–Q Management’s Discussion & Analysis The Corporate Finance & Restructuring segment focuses Revenues increased $20.9 million, or 19.7%, to $127.2 million on strategic, operational, financial and capital needs of for the th
Slide 8: Forensic and Litigation Consulting
Forensic and Litigation Consulting Services Business Insurance Claims Health Solutions Compliance, Monitoring & Receivership Insurance Construction & Environmental Solutions Intellectual Property Dispute Advisory Services Trial Services Financial Enterprise & Data Analytics (“FEDA”) Clients Financia
Slide 9: Forensic and Litigation Consulting (continued)
Forensic and Litigation Consulting (continued) Segment Offering Q1 2016 Form 10–Q Management’s Discussion & Analysis The Forensic and Litigation Consulting segment provides Revenues decreased $4.3 million, or 3.5%, to $119.0 million for a complete range of multidisciplinary, independent the three mo
Slide 10: Economic Consulting
Economic Consulting Services Antitrust & Competition Economics Regulated Industries Business Valuation Securities Litigation & Risk Management Center for Healthcare Economics & Policy Clients Intellectual Property Corporations International Arbitration Government Entities Labor & Employment Law Firm
Slide 11: Economic Consulting (continued)
Economic Consulting (continued) Segment Offering Q1 2016 Form 10–Q Management’s Discussion & Analysis The Economic Consulting segment provides analysis of Revenues increased $24.7 million, or 23.2%, to $130.7 million complex economic issues. We help our clients with legal, for the three months ended
Slide 12: Technology
Technology Software & Services Clients Computer Forensics & Investigations Corporations Discovery Consulting Government Agencies E-discovery Software & Services Law Firms 2010 2011 2012 2013 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 2015 Q1 2016 Segment Revenue $176,607 $218,738 $195,194 $202,663 $241,31
Slide 13: Technology (continued)
Technology (continued) Segment Offering Q1 2016 Form 10–Q Management’s Discussion & Analysis The Technology segment is a leading provider of Revenues decreased $6.4 million, or 11.7%, to $48.3 million for software, services and consulting for e-discovery and the three months ended March 31, 2016, wh
Slide 14: Strategic Communications
Strategic Communications Services Corporate Communications Shareholder Activism & Proxy Advisory Creative Engagement & Digital Communications Strategy Consulting & Research Crisis Communications Clients Employee Engagement & Change Communications CEOs Financial Communications CFOs Litigation Communi
Slide 15: Strategic Communications (continued)
Strategic Communications (continued) Segment Offering Q1 2016 Form 10–Q Management’s Discussion & Analysis The Strategic Communications segment provides advice Revenues increased $3.0 million, or 7.1%, to $45.1 million for and consulting services relating to financial and the three months ended Marc
Slide 16: Financial Overview
im F. Fo suirind Financial Overview
Slide 17: Revenues and Adjusted Earnings Per Share
Revenues and Adjusted Earnings Per Share $2,100 Revenues $1,840 - $1,870 $1,756 $1,779 $1,750 $1,652 $1,567 $1,577 $1,400 $1,401 $1,400 ($ Millions) $1,050 $700 $470.3 $350 $0 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 Q1 2016 2016 Guidance $3.00 $2.63 Adjusted Earnings Per Share $2.37
Slide 18: Financial Profile
Financial Profile In thousands, except for DSOs Q1 2016 Q1 2015 Q4 2015 FY 2015 FY 2014 Cash and cash equivalents $ 114,451 $ 225,295 $ 149,760 $ 149,760 $ 283,680 Accounts receivable, net $ 553,230 $ 513,285 $ 499,784 $ 499,784 $ 485,101 Days sales outstanding ("DSO")1 98 101 97 97 97 Net cash (use
Slide 19: Appendix
im F. Fo suirind Appendix
Slide 20: Year-to-Date 2016 Awards & Accolades
Year-to-Date 2016 Awards & Accolades Who’s Who Legal named FTI Consulting the 2016 Arbitration Forbes magazine named FTI Consulting to inaugural list of Expert Firm of the Year and Compass Lexecon the 2016 America’s Best Management Consulting Firms in 17 Competition Economist Firm of the Year (2016
Slide 21: Financial Tables: Reconciliations of Non-GAAP Financial Measures
Financial Tables Q1 2016 – FY 2009 Reconciliations of Non-GAAP Financial Measures
Slide 22: Reconciliations of Net Income to Adjusted Net Income and Adjusted EPS
Q1 2016 - FY 2009 Reconciliations of Net Income (Loss) to Adjusted Net Income and Earnings (Loss) Per Share to Adjusted Earnings Per Share In thousands, except for per share data Q1 2016 2015 2014 2013 2012 2011 2010 2009 Net income (loss) $30,181 $66,053 $58,807 ($10,594) ($36,986) $103,903 $65,984
Slide 23: Q1 2016 and FY 2015: Reconciliation to Adjusted EBITDA
Q1 2016 and FY 2015: Reconciliation of Net Income And Operating Income to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Unallocated Three Months Ended March 31, 2016 Finance & Litigation Technology Total Consulting Communications Corporate Restructuring Consulting Net income
Slide 24: Q1 and Q2 2015: Reconciliation to Adjusted EBITDA
Q1 and Q2 2015: Reconciliation of Net Income And Operating Income to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Unallocated Three Months Ended March 31, 2015 Finance & Litigation Technology Total Consulting Communications Corporate Restructuring Consulting Net income $23,
Slide 25: Q3 and Q4 2015: Reconciliation to Adjusted EBITDA
Q3 and Q4 2015: Reconciliation of Net Income And Operating Income to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Unallocated Three Months Ended September 31, 2015 Finance & Litigation Technology Total Consulting Communications Corporate Restructuring Consulting Net income
Slide 26: Reconciliation of 2014 and 2013 to Adjusted EBITDA
Reconciliation of 2014 and 2013 Net Income (Loss) And Operating Income (Loss) to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Year Ended December 31, 2014 Finance & Litigation Technology Corporate Total Consulting Communications Restructuring Consulting Net income $58,807 I
Slide 27: Reconciliation of 2012 and 2011 to Adjusted EBITDA
Reconciliation of 2012 and 2011 Net Income (Loss) And Operating Income (Loss) to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Year Ended December 31, 2012 Finance & Litigation Technology Corporate Total Consulting Communications Restructuring Consulting Net loss ($36,986) I
Slide 28: Reconciliation of 2010 and 2009 to Adjusted EBITDA
Reconciliation of 2010 and 2009 Net Income And Operating Income to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Year Ended December 31, 2010 Finance & Litigation Technology Corporate Total Consulting Communications Restructuring Consulting Net income $65,984 Interest income
Slide 29: End Notes: FTI Consulting Non-GAAP Data Reconciliations
End Notes: FTI Consulting Non-GAAP Data Reconciliations We define Adjusted Net Income and Adjusted Earnings per Diluted Share (“Adjusted EPS”) as Net Income and Earnings Per Diluted Share, respectively, excluding the impact of remeasurement of acquisition-related contingent consideration, special ch
Slide 30: Critical Thinking at the Critical Time
Critical Thinking at the Critical Time ™