(State or Other Jurisdiction of Incorporation or Organization) | (Commission File Number) | (I.R.S. Employer Identification Number) |
(Address of principal executive offices) | (Zip Code) |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Exhibit No. | Description | |||||||
99.1 | ||||||||
104 | Inline XBRL for the cover page of this Current Report on Form 8-K (included as Exhibit 101) |
Heidrick & Struggles International, Inc. | |||||
(Registrant) | |||||
Dated: August 4, 2025 | /s/ Tracey Heaton | ||||
Name: Tracey Heaton | |||||
Title: Chief Legal Officer & Corporate Secretary |
Selected Consolidated Results | ||||||||
(Dollars in millions, except per share amounts, and average revenue per executive search in thousands) | ||||||||
Three Months Ended June 30, | ||||||||
2025 | 2024 | |||||||
Revenue before reimbursements (net revenue) | $ | 317.2 | $ | 278.6 | ||||
Adjusted results (a): | ||||||||
Adjusted EBITDA | $ | 33.9 | $ | 28.8 | ||||
Adjusted EBITDA margin | 10.7 | % | 10.3 | % | ||||
Adjusted net income | $ | 18.1 | $ | 14.1 | ||||
Adjusted diluted earnings per share | $ | 0.85 | $ | 0.67 | ||||
Selected Executive Search Data | ||||||||
Revenue before reimbursements (net revenue) | $ | 238.2 | $ | 210.0 | ||||
Ending number of consultants | 420 | 415 | ||||||
Annualized consultant productivity | $ | 2.3 | $ | 2.0 | ||||
Average revenue per executive search | $ | 162 | $ | 151 | ||||
Confirmations (% increase/decrease) | 5.2 | % | (1.6) | % | ||||
Selected On-Demand Talent Data | ||||||||
Revenue before reimbursements (net revenue) | $ | 47.9 | $ | 41.9 | ||||
Selected Heidrick Consulting Data | ||||||||
Revenue before reimbursements (net revenue) | $ | 31.2 | $ | 26.8 | ||||
Ending number of consultants | 90 | 85 | ||||||
(a) Non-GAAP financial measures. See Non-GAAP Financial Measures, Reconciliations of Net Income (Loss) and Adjusted Net Income, and Reconciliations of Operating Income (Loss) to Adjusted EBITDA at the end of this press release for more information. |
Three Months Ended June 30, | |||||||||||||||||||||||
2025 | 2024 | $ Change | % Change | ||||||||||||||||||||
Revenue | |||||||||||||||||||||||
Revenue before reimbursements (net revenue) | $ | 317,248 | $ | 278,626 | $ | 38,622 | 13.9 | % | |||||||||||||||
Reimbursements | 4,660 | 4,251 | 409 | 9.6 | % | ||||||||||||||||||
Total revenue | 321,908 | 282,877 | 39,031 | 13.8 | % | ||||||||||||||||||
Operating expenses | |||||||||||||||||||||||
Salaries and benefits | 209,203 | 177,892 | 31,311 | 17.6 | % | ||||||||||||||||||
General and administrative expenses | 42,184 | 46,453 | (4,269) | (9.2) | % | ||||||||||||||||||
Cost of services | 34,594 | 29,696 | 4,898 | 16.5 | % | ||||||||||||||||||
Research and development | 6,037 | 5,605 | 432 | 7.7 | % | ||||||||||||||||||
Impairment charges | — | 16,224 | (16,224) | (100.0) | % | ||||||||||||||||||
Restructuring charges | — | 6,939 | (6,939) | (100.0) | % | ||||||||||||||||||
Reimbursed expenses | 4,660 | 4,251 | 409 | 9.6 | % | ||||||||||||||||||
Total operating expenses | 296,678 | 287,060 | 9,618 | 3.4 | % | ||||||||||||||||||
Operating income (loss) | 25,230 | (4,183) | 29,413 | NM | |||||||||||||||||||
Non-operating income | |||||||||||||||||||||||
Interest, net | 2,639 | 2,612 | |||||||||||||||||||||
Other, net | 3,276 | 997 | |||||||||||||||||||||
Net non-operating income | 5,915 | 3,609 | |||||||||||||||||||||
Income (loss) before income taxes | 31,145 | (574) | |||||||||||||||||||||
Provision for income taxes | 10,072 | 4,583 | |||||||||||||||||||||
Net income (loss) | 21,073 | (5,157) | |||||||||||||||||||||
Other comprehensive income (loss), net of tax | 6,519 | (2,094) | |||||||||||||||||||||
Comprehensive income (loss) | $ | 27,592 | $ | (7,251) | |||||||||||||||||||
Weighted-average common shares outstanding | |||||||||||||||||||||||
Basic | 20,649 | 20,259 | |||||||||||||||||||||
Diluted | 21,215 | 20,259 | |||||||||||||||||||||
Earnings (loss) per common share | |||||||||||||||||||||||
Basic | $ | 1.02 | $ | (0.25) | |||||||||||||||||||
Diluted | $ | 0.99 | $ | (0.25) | |||||||||||||||||||
Salaries and benefits as a % of net revenue | 65.9 | % | 63.8 | % | |||||||||||||||||||
General and administrative expenses as a % of net revenue | 13.3 | % | 16.7 | % | |||||||||||||||||||
Cost of services as a % of net revenue | 10.9 | % | 10.7 | % | |||||||||||||||||||
Research and development as a % of net revenue | 1.9 | % | 2.0 | % | |||||||||||||||||||
Operating margin | 8.0 | % | (1.5) | % |
Three Months Ended June 30, | |||||||||||||||||||||||||||||||||||
2025 | 2024 | $ Change | % Change | 2025 Margin1 | 2024 Margin1 | ||||||||||||||||||||||||||||||
Revenue | |||||||||||||||||||||||||||||||||||
Executive Search | |||||||||||||||||||||||||||||||||||
Americas | $ | 160,170 | $ | 147,078 | $ | 13,092 | 8.9 | % | |||||||||||||||||||||||||||
Europe | 52,451 | 40,082 | 12,369 | 30.9 | % | ||||||||||||||||||||||||||||||
Asia Pacific | 25,553 | 22,807 | 2,746 | 12.0 | % | ||||||||||||||||||||||||||||||
Total Executive Search | 238,174 | 209,967 | 28,207 | 13.4 | % | ||||||||||||||||||||||||||||||
On-Demand Talent | 47,866 | 41,895 | 5,971 | 14.3 | % | ||||||||||||||||||||||||||||||
Heidrick Consulting | 31,208 | 26,764 | 4,444 | 16.6 | % | ||||||||||||||||||||||||||||||
Revenue before reimbursements (net revenue) | 317,248 | 278,626 | 38,622 | 13.9 | % | ||||||||||||||||||||||||||||||
Reimbursements | 4,660 | 4,251 | 409 | 9.6 | % | ||||||||||||||||||||||||||||||
Total revenue | $ | 321,908 | $ | 282,877 | $ | 39,031 | 13.8 | % | |||||||||||||||||||||||||||
Adjusted EBITDA | |||||||||||||||||||||||||||||||||||
Executive Search | |||||||||||||||||||||||||||||||||||
Americas | $ | 46,655 | $ | 48,112 | $ | (1,457) | (3.0) | % | 29.1 | % | 32.7 | % | |||||||||||||||||||||||
Europe | 5,388 | 2,840 | 2,548 | 89.7 | % | 10.3 | % | 7.1 | % | ||||||||||||||||||||||||||
Asia Pacific | 2,507 | 1,740 | 767 | 44.1 | % | 9.8 | % | 7.6 | % | ||||||||||||||||||||||||||
Total Executive Search | 54,550 | 52,692 | 1,858 | 3.5 | % | 22.9 | % | 25.1 | % | ||||||||||||||||||||||||||
On-Demand Talent | 1,028 | (1,629) | 2,657 | 163.1 | % | 2.1 | % | (3.9) | % | ||||||||||||||||||||||||||
Heidrick Consulting | 555 | (1,395) | 1,950 | 139.8 | % | 1.8 | % | (5.2) | % | ||||||||||||||||||||||||||
Total segments | 56,133 | 49,668 | 6,465 | 13.0 | % | 17.7 | % | 17.8 | % | ||||||||||||||||||||||||||
Research and Development | (4,638) | (4,781) | 143 | 3.0 | % | (1.5) | % | (1.7) | % | ||||||||||||||||||||||||||
Global Operations Support | (17,643) | (16,076) | (1,567) | (9.7) | % | (5.6) | % | (5.8) | % | ||||||||||||||||||||||||||
Total Adjusted EBITDA | $ | 33,852 | $ | 28,811 | $ | 5,041 | 17.5 | % | 10.7 | % | 10.3 | % |
Six Months Ended June 30, | |||||||||||||||||||||||
2025 | 2024 | $ Change | % Change | ||||||||||||||||||||
Revenue | |||||||||||||||||||||||
Revenue before reimbursements (net revenue) | $ | 600,826 | $ | 543,823 | $ | 57,003 | 10.5 | % | |||||||||||||||
Reimbursements | 8,524 | 8,152 | 372 | 4.6 | % | ||||||||||||||||||
Total revenue | 609,350 | 551,975 | 57,375 | 10.4 | % | ||||||||||||||||||
Operating expenses | |||||||||||||||||||||||
Salaries and benefits | 398,678 | 352,305 | 46,373 | 13.2 | % | ||||||||||||||||||
General and administrative expenses | 83,608 | 87,816 | (4,208) | (4.8) | % | ||||||||||||||||||
Cost of services | 64,653 | 57,128 | 7,525 | 13.2 | % | ||||||||||||||||||
Research and development | 12,429 | 11,320 | 1,109 | 9.8 | % | ||||||||||||||||||
Impairment charges | — | 16,224 | (16,224) | (100.0) | % | ||||||||||||||||||
Restructuring charges | — | 6,939 | (6,939) | (100.0) | % | ||||||||||||||||||
Reimbursed expenses | 8,524 | 8,152 | 372 | 4.6 | % | ||||||||||||||||||
Total operating expenses | 567,892 | 539,884 | 28,008 | 5.2 | % | ||||||||||||||||||
Operating income | 41,458 | 12,091 | 29,367 | 242.9 | % | ||||||||||||||||||
Non-operating income | |||||||||||||||||||||||
Interest, net | 6,594 | 6,698 | |||||||||||||||||||||
Other, net | 710 | 3,568 | |||||||||||||||||||||
Net non-operating income | 7,304 | 10,266 | |||||||||||||||||||||
Income before income taxes | 48,762 | 22,357 | |||||||||||||||||||||
Provision for income taxes | 14,383 | 13,482 | |||||||||||||||||||||
Net income | 34,379 | 8,875 | |||||||||||||||||||||
Other comprehensive income (loss), net of tax | 9,021 | (6,185) | |||||||||||||||||||||
Comprehensive income | $ | 43,400 | $ | 2,690 | |||||||||||||||||||
Weighted-average common shares outstanding | |||||||||||||||||||||||
Basic | 20,557 | 20,202 | |||||||||||||||||||||
Diluted | 21,333 | 21,061 | |||||||||||||||||||||
Earnings per common share | |||||||||||||||||||||||
Basic | $ | 1.67 | $ | 0.44 | |||||||||||||||||||
Diluted | $ | 1.61 | $ | 0.42 | |||||||||||||||||||
Salaries and benefits as a % of net revenue | 66.4 | % | 64.8 | % | |||||||||||||||||||
General and administrative expenses as a % of net revenue | 13.9 | % | 16.1 | % | |||||||||||||||||||
Cost of services as a % of net revenue | 10.8 | % | 10.5 | % | |||||||||||||||||||
Research and development as a % of net revenue | 2.1 | % | 2.1 | % | |||||||||||||||||||
Operating margin | 6.9 | % | 2.2 | % |
Six Months Ended June 30, | |||||||||||||||||||||||||||||||||||
2025 | 2024 | $ Change | % Change | 2025 Margin1 | 2024 Margin1 | ||||||||||||||||||||||||||||||
Revenue | |||||||||||||||||||||||||||||||||||
Executive Search | |||||||||||||||||||||||||||||||||||
Americas | $ | 304,574 | $ | 283,757 | $ | 20,817 | 7.3 | % | |||||||||||||||||||||||||||
Europe | 97,842 | 81,563 | 16,279 | 20.0 | % | ||||||||||||||||||||||||||||||
Asia Pacific | 49,148 | 46,128 | 3,020 | 6.5 | % | ||||||||||||||||||||||||||||||
Total Executive Search | 451,564 | 411,448 | 40,116 | 9.7 | % | ||||||||||||||||||||||||||||||
On-Demand Talent | 90,430 | 79,752 | 10,678 | 13.4 | % | ||||||||||||||||||||||||||||||
Heidrick Consulting | 58,832 | 52,623 | 6,209 | 11.8 | % | ||||||||||||||||||||||||||||||
Revenue before reimbursements (net revenue) | 600,826 | 543,823 | 57,003 | 10.5 | % | ||||||||||||||||||||||||||||||
Reimbursements | 8,524 | 8,152 | 372 | 4.6 | % | ||||||||||||||||||||||||||||||
Total revenue | $ | 609,350 | $ | 551,975 | $ | 57,375 | 10.4 | % | |||||||||||||||||||||||||||
Adjusted EBITDA | |||||||||||||||||||||||||||||||||||
Executive Search | |||||||||||||||||||||||||||||||||||
Americas | $ | 90,877 | $ | 89,983 | $ | 894 | 1.0 | % | 29.8 | % | 31.7 | % | |||||||||||||||||||||||
Europe | 10,430 | 6,193 | 4,237 | 68.4 | % | 10.7 | % | 7.6 | % | ||||||||||||||||||||||||||
Asia Pacific | 5,542 | 4,935 | 607 | 12.3 | % | 11.3 | % | 10.7 | % | ||||||||||||||||||||||||||
Total Executive Search | 106,849 | 101,111 | 5,738 | 5.7 | % | 23.7 | % | 24.6 | % | ||||||||||||||||||||||||||
On-Demand Talent | 1,428 | (2,550) | 3,978 | 156.0 | % | 1.6 | % | (3.2) | % | ||||||||||||||||||||||||||
Heidrick Consulting | (1,541) | (3,422) | 1,881 | 55.0 | % | (2.6) | % | (6.5) | % | ||||||||||||||||||||||||||
Total segments | 106,736 | 95,139 | 11,597 | 12.2 | % | 17.8 | % | 17.5 | % | ||||||||||||||||||||||||||
Research and Development | (9,262) | (9,706) | 444 | 4.6 | % | (1.5) | % | (1.8) | % | ||||||||||||||||||||||||||
Global Operations Support | (34,500) | (30,754) | (3,746) | (12.2) | % | (5.7) | % | (5.7) | % | ||||||||||||||||||||||||||
Total Adjusted EBITDA | $ | 62,974 | $ | 54,679 | $ | 8,295 | 15.2 | % | 10.5 | % | 10.1 | % | |||||||||||||||||||||||
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||||||||
2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||
Net income (loss) | $ | 21,073 | $ | (5,157) | $ | 34,379 | $ | 8,875 | |||||||||||||||
Adjustments | |||||||||||||||||||||||
Acquisition related earnout and contingent compensation fair value adjustments, net of tax | (2,980) | 749 | (2,095) | 749 | |||||||||||||||||||
Impairment charges, net of tax | — | 14,190 | — | 14,190 | |||||||||||||||||||
Restructuring charges, net of tax | — | 4,291 | 4,291 | ||||||||||||||||||||
Total adjustments | (2,980) | 19,230 | (2,095) | 19,230 | |||||||||||||||||||
Adjusted net income | $ | 18,093 | $ | 14,073 | $ | 32,284 | $ | 28,105 | |||||||||||||||
Weighted-average common shares outstanding | |||||||||||||||||||||||
Basic | 20,649 | 20,259 | 20,557 | 20,202 | |||||||||||||||||||
Diluted | 21,215 | 20,865 | 21,333 | 21,061 | |||||||||||||||||||
Earnings (loss) per common share | |||||||||||||||||||||||
Basic | $ | 1.02 | $ | (0.25) | $ | 1.67 | $ | 0.44 | |||||||||||||||
Diluted | $ | 0.99 | $ | (0.25) | $ | 1.61 | $ | 0.42 | |||||||||||||||
Adjusted earnings per common share | |||||||||||||||||||||||
Basic | $ | 0.88 | $ | 0.69 | $ | 1.57 | $ | 1.39 | |||||||||||||||
Diluted | $ | 0.85 | $ | 0.67 | $ | 1.51 | $ | 1.33 |
June 30, 2025 | December 31, 2024 | ||||||||||
Current assets | |||||||||||
Cash and cash equivalents | $ | 211,172 | $ | 515,627 | |||||||
Marketable securities | 188,355 | 47,896 | |||||||||
Accounts receivable, net | 210,577 | 134,331 | |||||||||
Prepaid expenses | 30,436 | 28,718 | |||||||||
Other current assets | 48,200 | 39,935 | |||||||||
Income taxes recoverable | 10,868 | 6,470 | |||||||||
Total current assets | 699,608 | 772,977 | |||||||||
Non-current assets | |||||||||||
Property and equipment, net | 54,687 | 51,685 | |||||||||
Operating lease right-of-use assets | 82,282 | 83,518 | |||||||||
Assets designated for retirement and pension plans | 11,361 | 9,976 | |||||||||
Investments | 69,160 | 58,290 | |||||||||
Other non-current assets | 26,395 | 25,500 | |||||||||
Goodwill | 142,635 | 137,861 | |||||||||
Other intangible assets, net | 10,539 | 12,483 | |||||||||
Deferred income taxes | 44,378 | 41,898 | |||||||||
Total non-current assets | 441,437 | 421,211 | |||||||||
Total assets | $ | 1,141,045 | $ | 1,194,188 | |||||||
Current liabilities | |||||||||||
Accounts payable | $ | 25,834 | $ | 25,088 | |||||||
Accrued salaries and benefits | 251,668 | 353,531 | |||||||||
Deferred revenue | 58,859 | 51,085 | |||||||||
Operating lease liabilities | 18,225 | 17,653 | |||||||||
Other current liabilities | 65,898 | 21,369 | |||||||||
Income taxes payable | 9,402 | 14,287 | |||||||||
Total current liabilities | 429,886 | 483,013 | |||||||||
Non-current liabilities | |||||||||||
Accrued salaries and benefits | 40,789 | 58,547 | |||||||||
Retirement and pension plans | 84,999 | 72,138 | |||||||||
Operating lease liabilities | 86,914 | 83,152 | |||||||||
Other non-current liabilities | 4,527 | 42,905 | |||||||||
Deferred income taxes | 1,439 | 1,616 | |||||||||
Total non-current liabilities | 218,668 | 258,358 | |||||||||
Total liabilities | 648,554 | 741,371 | |||||||||
Stockholders’ equity | 492,491 | 452,817 | |||||||||
Total liabilities and stockholders’ equity | $ | 1,141,045 | $ | 1,194,188 |
Three Months Ended June 30, | ||||||||||||||
2025 | 2024 | |||||||||||||
Cash flows - operating activities | ||||||||||||||
Net income (loss) | $ | 21,073 | $ | (5,157) | ||||||||||
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||||||
Depreciation and amortization | 5,015 | 3,910 | ||||||||||||
Deferred income taxes | 509 | (2,246) | ||||||||||||
Stock-based compensation expense | 3,987 | 3,465 | ||||||||||||
Accretion expense related to earnout payments | 536 | 469 | ||||||||||||
Gain on marketable securities | (1,702) | (441) | ||||||||||||
Loss on disposal of property and equipment | 19 | 247 | ||||||||||||
Impairment charges | — | 16,224 | ||||||||||||
Changes in assets and liabilities, net of effects of acquisition: | ||||||||||||||
Accounts receivable | (23,178) | (14,717) | ||||||||||||
Accounts payable | 980 | (255) | ||||||||||||
Accrued expenses | 72,256 | 57,843 | ||||||||||||
Restructuring accrual | (461) | 4,386 | ||||||||||||
Deferred revenue | 1,628 | (2,624) | ||||||||||||
Income taxes recoverable and payable, net | (11,471) | 645 | ||||||||||||
Retirement and pension plan assets and liabilities | (702) | 347 | ||||||||||||
Prepaid expenses | 4,097 | 3,339 | ||||||||||||
Other assets and liabilities, net | (3,976) | (2,913) | ||||||||||||
Net cash provided by in operating activities | 68,610 | 62,522 | ||||||||||||
Cash flows - investing activities | ||||||||||||||
Capital expenditures | (3,906) | (10,365) | ||||||||||||
Purchases of marketable securities and investments | (177,487) | (109,862) | ||||||||||||
Proceeds from sales of marketable securities and investments | 104,106 | 289 | ||||||||||||
Net cash used in investing activities | (77,287) | (119,938) | ||||||||||||
Cash flows - financing activities | ||||||||||||||
Cash dividends paid | (3,251) | (3,182) | ||||||||||||
Payment of employee tax withholdings on equity transactions | (887) | (885) | ||||||||||||
Net cash used in financing activities | (4,138) | (4,067) | ||||||||||||
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash | 12,119 | (1,426) | ||||||||||||
Net decrease in cash, cash equivalents and restricted cash | (696) | (62,909) | ||||||||||||
Cash, cash equivalents and restricted cash at beginning of period | 212,138 | 252,831 | ||||||||||||
Cash, cash equivalents and restricted cash at end of period | $ | 211,442 | $ | 189,922 |
Six Months Ended June 30, | ||||||||||||||
2025 | 2024 | |||||||||||||
Cash flows - operating activities | ||||||||||||||
Net income | $ | 34,379 | $ | 8,875 | ||||||||||
Adjustments to reconcile net income to net cash used in operating activities: | ||||||||||||||
Depreciation and amortization | 9,862 | 8,700 | ||||||||||||
Deferred income taxes | (1,374) | (2,333) | ||||||||||||
Stock-based compensation expense | 6,497 | 6,109 | ||||||||||||
Accretion expense related to earnout payments | 1,017 | 935 | ||||||||||||
Gain on marketable securities | (2,650) | (980) | ||||||||||||
Loss on disposal of property and equipment | 26 | 261 | ||||||||||||
Impairment charges | — | 16,224 | ||||||||||||
Changes in assets and liabilities: | ||||||||||||||
Accounts receivable | (68,787) | (55,842) | ||||||||||||
Accounts payable | (1,530) | (2,324) | ||||||||||||
Accrued expenses | (127,064) | (124,747) | ||||||||||||
Restructuring accrual | (1,425) | 4,386 | ||||||||||||
Deferred revenue | 5,975 | (673) | ||||||||||||
Income taxes recoverable and payable, net | (9,625) | 5,368 | ||||||||||||
Retirement and pension plan assets and liabilities | 6,030 | 5,800 | ||||||||||||
Prepaid expenses | (576) | (4,652) | ||||||||||||
Other assets and liabilities, net | (14,369) | (6,009) | ||||||||||||
Net cash used in operating activities | (163,614) | (140,902) | ||||||||||||
Cash flows - investing activities | ||||||||||||||
Capital expenditures | (6,640) | (16,538) | ||||||||||||
Purchases of marketable securities and investments | (296,206) | (115,262) | ||||||||||||
Proceeds from sales of marketable securities and investments | 152,431 | 66,574 | ||||||||||||
Net cash used in investing activities | (150,415) | (65,226) | ||||||||||||
Cash flows - financing activities | ||||||||||||||
Debt issuance costs | (360) | — | ||||||||||||
Cash dividends paid | (6,447) | (6,398) | ||||||||||||
Payment of employee tax withholdings on equity transactions | (3,776) | (3,747) | ||||||||||||
Net cash used in financing activities | (10,583) | (10,145) | ||||||||||||
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash | 20,241 | (6,423) | ||||||||||||
Net decrease in cash, cash equivalents and restricted cash | (304,371) | (222,696) | ||||||||||||
Cash, cash equivalents and restricted cash at beginning of period | 515,813 | 412,618 | ||||||||||||
Cash, cash equivalents and restricted cash at end of period | $ | 211,442 | $ | 189,922 |
Three Months Ended June 30, | Six Months Ended June 30, | ||||||||||||||||||||||
2025 | 2024 | 2025 | 2024 | ||||||||||||||||||||
Revenue before reimbursements (net revenue) | $ | 317,248 | $ | 278,626 | $ | 600,826 | $ | 543,823 | |||||||||||||||
Net income (loss) | 21,073 | (5,157) | 34,379 | 8,875 | |||||||||||||||||||
Interest, net | (2,639) | (2,612) | (6,594) | (6,698) | |||||||||||||||||||
Other, net | (3,276) | (997) | (710) | (3,568) | |||||||||||||||||||
Provision for income taxes | 10,072 | 4,583 | 14,383 | 13,482 | |||||||||||||||||||
Operating income (loss) | 25,230 | (4,183) | 41,458 | 12,091 | |||||||||||||||||||
Adjustments | |||||||||||||||||||||||
Depreciation | 3,428 | 1,990 | 6,607 | 4,483 | |||||||||||||||||||
Intangible amortization | 1,587 | 1,920 | 3,255 | 4,217 | |||||||||||||||||||
Earnout accretion | 536 | 469 | 1,017 | 935 | |||||||||||||||||||
Earnout fair value adjustments | (3,257) | 1,211 | (2,315) | 1,211 | |||||||||||||||||||
Acquisition contingent consideration | 1,566 | 3,285 | 4,387 | 5,273 | |||||||||||||||||||
Deferred compensation plan | 5,198 | 956 | 4,840 | 3,306 | |||||||||||||||||||
Reorganization costs | (436) | — | 3,725 | — | |||||||||||||||||||
Impairment charges | — | 16,224 | — | 16,224 | |||||||||||||||||||
Restructuring charges | — | 6,939 | — | 6,939 | |||||||||||||||||||
Total adjustments | 8,622 | 32,994 | 21,516 | 42,588 | |||||||||||||||||||
Adjusted EBITDA | $ | 33,852 | $ | 28,811 | $ | 62,974 | $ | 54,679 | |||||||||||||||
Adjusted EBITDA margin | 10.7 | % | 10.3 | % | 10.5 | % | 10.1 | % |
Three Months Ended June 30, 2025 | |||||||||||||||||||||||||||||||||||
Executive Search | On-Demand Talent | Heidrick Consulting | Research & Development | Global Operations Support | Total | ||||||||||||||||||||||||||||||
Revenue before reimbursements (net revenue) | $ | 238,174 | $ | 47,866 | $ | 31,208 | $ | — | $ | — | $ | 317,248 | |||||||||||||||||||||||
Operating income (loss)1 | 48,200 | 3,198 | (1,557) | (6,037) | (18,574) | 25,230 | |||||||||||||||||||||||||||||
Adjustments | |||||||||||||||||||||||||||||||||||
Depreciation | 1,329 | 196 | 233 | 1,501 | 169 | 3,428 | |||||||||||||||||||||||||||||
Intangible amortization | 11 | 1,279 | 297 | — | — | 1,587 | |||||||||||||||||||||||||||||
Earnout accretion | — | 479 | 57 | — | — | 536 | |||||||||||||||||||||||||||||
Earnout fair value adjustments | — | (3,419) | 162 | — | — | (3,257) | |||||||||||||||||||||||||||||
Acquisition contingent compensation | — | 293 | 1,273 | — | — | 1,566 | |||||||||||||||||||||||||||||
Deferred compensation plan | 5,010 | 2 | 90 | 84 | 12 | 5,198 | |||||||||||||||||||||||||||||
Reorganization costs | — | (1,000) | — | (186) | 750 | (436) | |||||||||||||||||||||||||||||
Total adjustments | 6,350 | (2,170) | 2,112 | 1,399 | 931 | 8,622 | |||||||||||||||||||||||||||||
Adjusted EBITDA | $ | 54,550 | $ | 1,028 | $ | 555 | $ | (4,638) | $ | (17,643) | $ | 33,852 | |||||||||||||||||||||||
Adjusted EBITDA margin | 22.9 | % | 2.1 | % | 1.8 | % | (1.5) | % | (5.6) | % | 10.7 | % | |||||||||||||||||||||||
Three Months Ended June 30, 2024 | |||||||||||||||||||||||||||||||||||
Executive Search | On-Demand Talent | Heidrick Consulting | Research & Development | Global Operations Support | Total | ||||||||||||||||||||||||||||||
Revenue before reimbursements (net revenue) | $ | 209,967 | $ | 41,895 | $ | 26,764 | $ | — | $ | — | $ | 278,626 | |||||||||||||||||||||||
Operating income (loss)1 | 46,821 | (21,695) | (6,530) | (5,605) | (17,174) | (4,183) | |||||||||||||||||||||||||||||
Adjustments | |||||||||||||||||||||||||||||||||||
Depreciation | 863 | 117 | 82 | 809 | 119 | 1,990 | |||||||||||||||||||||||||||||
Intangible amortization | 20 | 1,533 | 367 | — | — | 1,920 | |||||||||||||||||||||||||||||
Earnout accretion | — | 409 | 60 | — | — | 469 | |||||||||||||||||||||||||||||
Earnout fair value adjustments | — | 1,125 | 86 | — | — | 1,211 | |||||||||||||||||||||||||||||
Acquisition contingent compensation | 295 | 1,835 | 1,155 | — | — | 3,285 | |||||||||||||||||||||||||||||
Deferred compensation plan | 920 | — | 18 | 15 | 3 | 956 | |||||||||||||||||||||||||||||
Impairment charges | 1,463 | 14,761 | — | — | — | 16,224 | |||||||||||||||||||||||||||||
Restructuring charges | 2,310 | 286 | 3,367 | — | 976 | 6,939 | |||||||||||||||||||||||||||||
Total adjustments | 5,871 | 20,066 | 5,135 | 824 | 1,098 | 32,994 | |||||||||||||||||||||||||||||
Adjusted EBITDA | $ | 52,692 | $ | (1,629) | $ | (1,395) | $ | (4,781) | $ | (16,076) | $ | 28,811 | |||||||||||||||||||||||
Adjusted EBITDA margin | 25.1 | % | (3.9 | %) | (5.2 | %) | (1.7) | % | (5.8) | % | 10.3 | % |
Six Months Ended June 30, 2025 | |||||||||||||||||||||||||||||||||||
Executive Search | On-Demand Talent | Heidrick Consulting | Research & Development | Global Operations Support | Total | ||||||||||||||||||||||||||||||
Revenue before reimbursements (net revenue) | $ | 451,564 | $ | 90,430 | $ | 58,832 | $ | — | $ | — | $ | 600,826 | |||||||||||||||||||||||
Operating income (loss)1 | 98,708 | (2,436) | (5,384) | (12,429) | (37,001) | 41,458 | |||||||||||||||||||||||||||||
Adjustments | |||||||||||||||||||||||||||||||||||
Depreciation | 2,505 | 404 | 441 | 2,938 | 319 | 6,607 | |||||||||||||||||||||||||||||
Intangible amortization | 22 | 2,569 | 664 | — | — | 3,255 | |||||||||||||||||||||||||||||
Earnout accretion | — | 906 | 111 | — | — | 1,017 | |||||||||||||||||||||||||||||
Earnout fair value adjustments | — | (2,477) | 162 | — | — | (2,315) | |||||||||||||||||||||||||||||
Acquisition contingent compensation | — | 2,210 | 2,177 | — | — | 4,387 | |||||||||||||||||||||||||||||
Deferred compensation plan | 4,661 | 2 | 86 | 79 | 12 | 4,840 | |||||||||||||||||||||||||||||
Reorganization costs | 953 | 250 | 202 | 150 | 2,170 | 3,725 | |||||||||||||||||||||||||||||
Total adjustments | 8,141 | 3,864 | 3,843 | 3,167 | 2,501 | 21,516 | |||||||||||||||||||||||||||||
Adjusted EBITDA | $ | 106,849 | $ | 1,428 | $ | (1,541) | $ | (9,262) | $ | (34,500) | $ | 62,974 | |||||||||||||||||||||||
Adjusted EBITDA margin | 23.7 | % | 1.6 | % | (2.6 | %) | (1.5 | %) | (5.7) | % | 10.5 | % | |||||||||||||||||||||||
Six Months Ended June 30, 2024 | |||||||||||||||||||||||||||||||||||
Executive Search | On-Demand Talent | Heidrick Consulting | Research & Development | Global Operations Support | Total | ||||||||||||||||||||||||||||||
Revenue before reimbursements (net revenue) | $ | 411,448 | $ | 79,752 | $ | 52,623 | $ | — | $ | — | $ | 543,823 | |||||||||||||||||||||||
Operating income (loss)1 | 92,353 | (26,544) | (10,372) | (11,320) | (32,026) | 12,091 | |||||||||||||||||||||||||||||
Adjustments | |||||||||||||||||||||||||||||||||||
Depreciation | 2,104 | 248 | 279 | 1,563 | 289 | 4,483 | |||||||||||||||||||||||||||||
Intangible amortization | 37 | 3,368 | 812 | — | — | 4,217 | |||||||||||||||||||||||||||||
Earnout accretion | — | 815 | 120 | — | — | 935 | |||||||||||||||||||||||||||||
Earnout fair value adjustments | — | 1,125 | 86 | — | — | 1,211 | |||||||||||||||||||||||||||||
Acquisition contingent compensation | (335) | 3,391 | 2,217 | — | — | 5,273 | |||||||||||||||||||||||||||||
Deferred compensation plan | 3,179 | — | 69 | 51 | 7 | 3,306 | |||||||||||||||||||||||||||||
Impairment charges | 1,463 | 14,761 | — | — | — | 16,224 | |||||||||||||||||||||||||||||
Restructuring charges | 2,310 | 286 | 3,367 | — | 976 | 6,939 | |||||||||||||||||||||||||||||
Total adjustments | 8,758 | 23,994 | 6,950 | 1,614 | 1,272 | 42,588 | |||||||||||||||||||||||||||||
Adjusted EBITDA | $ | 101,111 | $ | (2,550) | $ | (3,422) | $ | (9,706) | $ | (30,754) | $ | 54,679 | |||||||||||||||||||||||
Adjusted EBITDA margin | 24.6 | % | (3.2 | %) | (6.5 | %) | (1.8 | %) | (5.7 | %) | 10.1 | % |
Cover |
Aug. 04, 2025 |
---|---|
Cover [Abstract] | |
City Area Code | 312 |
Local Phone Number | 496-1200 |
Document Type | 8-K |
Entity File Number | 0-25837 |
Entity Incorporation, State or Country Code | DE |
Entity Tax Identification Number | 36-2681268 |
Title of 12(b) Security | Common Stock, $0.01 par value |
Trading Symbol | HSII |
Security Exchange Name | NASDAQ |
Entity Registrant Name | HEIDRICK & STRUGGLES INTERNATIONAL, INC. |
Written Communications | false |
Soliciting Material | false |
Entity Address, Postal Zip Code | 60606-6303 |
Entity Central Index Key | 0001066605 |
Document Period End Date | Aug. 04, 2025 |
Amendment Flag | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | false |
Entity Address, Address Line One | 233 South Wacker Drive |
Entity Address, Address Line Two | Suite 4900 |
Entity Address, City or Town | Chicago |
Entity Address, State or Province | IL |
{ "version": "2.2", "instance": { "hsii-20250804.htm": { "nsprefix": "hsii", "nsuri": "http://heidrick.com/20250804", "dts": { "inline": { "local": [ "hsii-20250804.htm" ] }, "schema": { "local": [ "hsii-20250804.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.sec.gov/dei/2024/dei-2024.xsd" ] }, "labelLink": { "local": [ "hsii-20250804_lab.xml" ] }, "presentationLink": { "local": [ "hsii-20250804_pre.xml" ] } }, "keyStandard": 23, "keyCustom": 0, "axisStandard": 0, "axisCustom": 0, "memberStandard": 0, "memberCustom": 0, "hidden": { "total": 2, "http://xbrl.sec.gov/dei/2024": 2 }, "contextCount": 1, "entityCount": 1, "segmentCount": 0, "elementCount": 24, "unitCount": 0, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2024": 23 }, "report": { "R1": { "role": "http://heidrick.com/role/Cover", "longName": "0000001 - Document - Cover", "shortName": "Cover", "isDefault": "true", "groupType": "document", "subGroupType": "", "menuCat": "Cover", "order": "1", "firstAnchor": { "contextRef": "c-1", "name": "dei:CityAreaCode", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "div", "body", "html" ], "reportCount": 1, "baseRef": "hsii-20250804.htm", "first": true, "unique": true }, "uniqueAnchor": { "contextRef": "c-1", "name": "dei:CityAreaCode", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "div", "body", "html" ], "reportCount": 1, "baseRef": "hsii-20250804.htm", "first": true, "unique": true } } }, "tag": { "dei_AmendmentFlag": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "AmendmentFlag", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Amendment Flag", "label": "Amendment Flag", "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission." } } }, "auth_ref": [] }, "dei_CityAreaCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "CityAreaCode", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "City Area Code", "label": "City Area Code", "documentation": "Area code of city" } } }, "auth_ref": [] }, "dei_CoverAbstract": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "CoverAbstract", "lang": { "en-us": { "role": { "label": "Cover [Abstract]", "documentation": "Cover page." } } }, "auth_ref": [] }, "dei_DocumentPeriodEndDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "DocumentPeriodEndDate", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Document Period End Date", "label": "Document Period End Date", "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD." } } }, "auth_ref": [] }, "dei_DocumentType": { "xbrltype": "submissionTypeItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "DocumentType", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Document Type", "label": "Document Type", "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'." } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine1": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressAddressLine1", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, Address Line One", "label": "Entity Address, Address Line One", "documentation": "Address Line 1 such as Attn, Building Name, Street Name" } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine2": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressAddressLine2", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, Address Line Two", "label": "Entity Address, Address Line Two", "documentation": "Address Line 2 such as Street or Suite number" } } }, "auth_ref": [] }, "dei_EntityAddressCityOrTown": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressCityOrTown", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, City or Town", "label": "Entity Address, City or Town", "documentation": "Name of the City or Town" } } }, "auth_ref": [] }, "dei_EntityAddressPostalZipCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressPostalZipCode", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, Postal Zip Code", "label": "Entity Address, Postal Zip Code", "documentation": "Code for the postal or zip code" } } }, "auth_ref": [] }, "dei_EntityAddressStateOrProvince": { "xbrltype": "stateOrProvinceItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityAddressStateOrProvince", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, State or Province", "label": "Entity Address, State or Province", "documentation": "Name of the state or province." } } }, "auth_ref": [] }, "dei_EntityCentralIndexKey": { "xbrltype": "centralIndexKeyItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityCentralIndexKey", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Central Index Key", "label": "Entity Central Index Key", "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK." } } }, "auth_ref": [ "r1" ] }, "dei_EntityEmergingGrowthCompany": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityEmergingGrowthCompany", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Emerging Growth Company", "label": "Entity Emerging Growth Company", "documentation": "Indicate if registrant meets the emerging growth company criteria." } } }, "auth_ref": [ "r1" ] }, "dei_EntityFileNumber": { "xbrltype": "fileNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityFileNumber", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity File Number", "label": "Entity File Number", "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen." } } }, "auth_ref": [] }, "dei_EntityIncorporationStateCountryCode": { "xbrltype": "edgarStateCountryItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityIncorporationStateCountryCode", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Incorporation, State or Country Code", "label": "Entity Incorporation, State or Country Code", "documentation": "Two-character EDGAR code representing the state or country of incorporation." } } }, "auth_ref": [] }, "dei_EntityRegistrantName": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityRegistrantName", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Registrant Name", "label": "Entity Registrant Name", "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC." } } }, "auth_ref": [ "r1" ] }, "dei_EntityTaxIdentificationNumber": { "xbrltype": "employerIdItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "EntityTaxIdentificationNumber", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Tax Identification Number", "label": "Entity Tax Identification Number", "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS." } } }, "auth_ref": [ "r1" ] }, "dei_LocalPhoneNumber": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "LocalPhoneNumber", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Local Phone Number", "label": "Local Phone Number", "documentation": "Local phone number for entity." } } }, "auth_ref": [] }, "dei_PreCommencementIssuerTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "PreCommencementIssuerTenderOffer", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Pre-commencement Issuer Tender Offer", "label": "Pre-commencement Issuer Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act." } } }, "auth_ref": [ "r3" ] }, "dei_PreCommencementTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "PreCommencementTenderOffer", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Pre-commencement Tender Offer", "label": "Pre-commencement Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act." } } }, "auth_ref": [ "r5" ] }, "dei_Security12bTitle": { "xbrltype": "securityTitleItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "Security12bTitle", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Title of 12(b) Security", "label": "Title of 12(b) Security", "documentation": "Title of a 12(b) registered security." } } }, "auth_ref": [ "r0" ] }, "dei_SecurityExchangeName": { "xbrltype": "edgarExchangeCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "SecurityExchangeName", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Security Exchange Name", "label": "Security Exchange Name", "documentation": "Name of the Exchange on which a security is registered." } } }, "auth_ref": [ "r2" ] }, "dei_SolicitingMaterial": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "SolicitingMaterial", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Soliciting Material", "label": "Soliciting Material", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act." } } }, "auth_ref": [ "r4" ] }, "dei_TradingSymbol": { "xbrltype": "tradingSymbolItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "TradingSymbol", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Trading Symbol", "label": "Trading Symbol", "documentation": "Trading symbol of an instrument as listed on an exchange." } } }, "auth_ref": [] }, "dei_WrittenCommunications": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2024", "localname": "WrittenCommunications", "presentation": [ "http://heidrick.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Written Communications", "label": "Written Communications", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act." } } }, "auth_ref": [ "r6" ] } } } }, "std_ref": { "r0": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b" }, "r1": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b-2" }, "r2": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "d1-1" }, "r3": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "13e", "Subsection": "4c" }, "r4": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14a", "Subsection": "12" }, "r5": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14d", "Subsection": "2b" }, "r6": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "230", "Section": "425" } } }