Fti Consulting, Inc. · NYSE:FCN
Fti Consulting — Investor Presentation (March 2016)
29 slides from Fti Consulting's investor presentation, March 2016
Slide 1: Current Investor Presentation
FTI Consulting, Inc. Current Investor Presentation March 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 $1.4BLN 1982Year 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 wor
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 FY 2015 Segment Revenues Bankruptcy Support Services Performance Improvement Interim Management Services Private Equity Advisory Investment Banking Restructuring/Turnaround Services Litigation Support Transaction Advisory Services
Slide 6: Corporate Finance & Restructuring
Corporate Finance & Restructuring Services Bankruptcy Support Services Transaction Advisory Services Interim Management Services Valuation & Financial Advisory Services Investment Banking Clients Litigation Support Corporations/C-Suite Business Transformation Services Boards of Directors Performance
Slide 7: Corporate Finance & Restructuring (continued)
Corporate Finance & Restructuring (continued) Segment Offering 2015 Form 10–K Management’s Discussion & Analysis The Corporate Finance & Restructuring segment focuses Revenues increased $49.3 million, or 12.6%, from 2014 to on strategic, operational, financial and capital needs of 2015, which includ
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 2015 Form 10–K Management’s Discussion & Analysis The Forensic and Litigation Consulting segment provides Revenues decreased $1.1 million, or 0.2%, from 2014 to 2015, a complete range of multidisciplinary, independent which included a 1
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 2015 Form 10–K Management’s Discussion & Analysis The Economic Consulting segment provides analysis of Revenues decreased $3.1 million, or 0.7%, from 2014 to 2015, complex economic issues. We help our clients with legal, which included a 2.3% estimate
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 Segment Revenue $176,607 $218,738 $195,194 $202,663 $241,310 $54,65
Slide 13: Technology (continued)
Technology (continued) Segment Offering 2015 Form 10–K Management’s Discussion & Analysis The Technology segment is a leading provider of Revenues decreased $22.7 million, or 9.4%, from 2014 to software, services and consulting for e-discovery and 2015, which included a 1.3% estimated negative impac
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 2015 Form 10–K Management’s Discussion & Analysis The Strategic Communications segment provides advice Revenues increased $0.6 million, or 0.3%, from 2014 to 2015, and consulting services relating to financial and which included a 6.6% estimated
Slide 16: Financial Overview
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Slide 17: Revenues and Adjusted Earnings Per Share
Revenues and Adjusted Earnings Per Share $2,100 Revenues $1,800- $1,850 $1,756 $1,779 $1,750 $1,652 $1,567 $1,577 $1,400 $1,401 $1,400 ($ Millions) $1,050 $700 $350 $0 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 2016 Guidance $3.00 Adjusted Earnings Per Share $2.63 $2.50 $2.37 $2.13 $2.1
Slide 18: Financial Profile
Financial Profile In thousands, except for DSOs Q4 2015 Q4 2014 FY 2015 FY 2014 FY 2013 Cash and cash equivalents $ 149,760 $ 283,680 $ 149,760 $ 283,680 $ 205,833 Accounts receivable, net $ 499,784 $ 485,101 $ 499,784 $ 485,101 $ 476,445 Days sales outstanding ("DSO")1 97 97 97 97 97 Net cash provi
Slide 19: Appendix
im F. Fo suirind Appendix
Slide 20: Fourth Quarter 2015 Awards & Accolades
Fourth Quarter 2015 Awards & Accolades FTI Consulting maintained top position on Global Chris Osborne and James Nicholson named to Arbitration Review’s 2016 International Who’s Global Arbitration Review’s Most Highly Regarded Who of Commercial Arbitration list with 34 Individuals list in Europe, whi
Slide 21: Financial Tables: FY 2015 – FY 2010 Reconciliations of Non-GAAP Financial Measures
Financial Tables FY 2015 – FY 2010 Reconciliations of Non-GAAP Financial Measures
Slide 22: Reconciliations of Net Income to Adjusted Net Income and Adjusted EPS
FY 2015 - FY 2010 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 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2015 2014 2013 2012 2011 2010 Net income (loss) $66,053 $10,349 $10,309 $21,709 $23,686 $
Slide 23: Q4 and FY 2015: Reconciliation to Adjusted EBITDA
Q4 and FY 2015: Reconciliation of Net Income And Operating Income to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Unallocated Year Ended December 31, 2015 Finance & Litigation Technology Total Consulting Communications Corporate Restructuring Consulting Net income $66,053 I
Slide 24: Q2 and Q3 2015: Reconciliation to Adjusted EBITDA
Q2 and Q3 2015: Reconciliation of Net Income And Operating Income to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Unallocated Three Months Ended September 30, 2015 Finance & Litigation Technology Total Consulting Communications Corporate Restructuring Consulting Net income
Slide 25: Q1 2015 and FY 2014: Reconciliation to Adjusted EBITDA
Q1 2015 and FY 2014: Reconciliation of Net Income And Operating Income to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Three Months Ended March 31, 2015 Finance & Litigation Technology Corporate Total Consulting Communications Restructuring Consulting Net income $23,686 Int
Slide 26: Reconciliation of 2013 and 2012 to Adjusted EBITDA
Reconciliation of 2013 and 2012 Net Loss And Operating Income (Loss) to Adjusted EBITDA In thousands Corporate Forensic and Economic Strategic Year Ended December 31, 2013 Finance & Litigation Technology Corporate Total Consulting Communications Restructuring Consulting Net loss ($10,594) Interest i
Slide 27: Reconciliation of 2011 and 2010 to Adjusted EBITDA
Reconciliation of 2011 and 2010 Net Income And Operating Income to Adjusted EBITDA In thousands Forensic and Corporate Finance & Economic Strategic Year Ended December 31, 2011 Litigation Technology Corporate Total Restructuring Consulting Communications Consulting Net income $103,903 Interest incom
Slide 28: 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 29: Critical Thinking at the Critical Time
Critical Thinking at the Critical Time ™