v3.25.2
Goodwill and Intangible Assets
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The table below summarizes the changes in the carrying amount of goodwill by reportable segment:
Corporate
Finance (1)
FLC (1)
Economic
Consulting (1)
Technology (1)
Strategic
Communications (2)
Total
Balance at December 31, 2024$535,328 $212,367 $268,294 $96,784 $113,783 $1,226,556 
Foreign currency translation
adjustment
6,631 3,221 676 128 5,688 16,344 
Balance at June 30, 2025$541,959 $215,588 $268,970 $96,912 $119,471 $1,242,900 
(1)    There were no accumulated impairment losses for the Corporate Finance, FLC, Economic Consulting or Technology segments as of June 30, 2025 and December 31, 2024.
(2)    Amounts for our Strategic Communications segment include gross carrying values of $313.6 million and $307.9 million as of June 30, 2025 and December 31, 2024, respectively, and accumulated impairment losses of $194.1 million as of June 30, 2025 and December 31, 2024.
Intangible Assets
Intangible assets were as follows:
 June 30, 2025December 31, 2024
Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount		Gross
Carrying
Amount		Accumulated
Amortization		Net
Carrying
Amount
Amortizing intangible assets      
Customer relationships$29,951 $20,828 $9,123 $28,814 $18,656 $10,158 
Trademarks10,310 10,168 142 9,166 8,269 897 
Acquired software and other946 898 48 841 751 90 
41,207 31,894 9,313 38,821 27,676 11,145 
Non-amortizing intangible assets
Trademarks 5,625 — 5,625 5,625 — 5,625 
Total$46,832 $31,894 $14,938 $44,446 $27,676 $16,770 
Intangible assets with finite lives are amortized over their estimated useful lives. We recorded amortization expense of $1.1 million and $2.1 million during the three and six months ended June 30, 2025 and 2024.