SEC Comment Letter for Huron Consulting Group Inc. (HURN) (CIK 0001289848) (HURN) — Jul 29, 2010
Huron Consulting Group Inc. (HURN) (CIK 0001289848)
Date: July 29, 2010 · CIK: 0001289848 · Accession: 0000000000-10-042852
AI Filing Summary & Sentiment
File numbers found in text: 000-50976
Referenced dates: June 24, 2010
Letter
July 29, 2010 James K. Rojas Chief Financial Officer Huron Consulting Group Inc. 550 West Van Buren Street Chicago, IL 60607
Re: Huron Consulting Group Inc. Form 10-K for Fiscal Year Ended December 31, 2009 Filed February 23, 2010 Definitive Proxy Statement Filed March 24, 2010 File No. 000-50976
Dear Mr. Rojas: We have reviewed your response letter dated June 24, 2010 and have the following additional comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter within ten business days by amending your filing, by providing the requested information, or by advi sing us when you will provide the requested response. If you do not believe our comment applies to your fact s and circumstances or do not believe an amendment is appropriate, pl ease tell us why in your response. After reviewing any amendment to your filing and the information you provide in response to this comment, we may have additional comments.
James K. Rojas Huron Consulting Group Inc. July 29, 2010 Page 2
Schedule 14A
Executive Compensation, page 18
Annual Cash Incentive, page 21
1. We note your response to comment 8 of our le tter dated June 10, 2010. In response to our comment, you state that in establishi ng the bonus pool, you specify a particular percentage of base salary for eligible individuals based on thei r title. Please disclose the percentage attributable to each executive o fficer in future filings, and tell us how you intend to comply. To the extent the targeted am ount to be allocated to each officer differs from the actual amount awarded at the end of the fiscal year, please disclose the difference. We note in response to commen t 7, you state that executive officers were awarded “75% of target, the same level as the overall funding of the bonus pool.” Please clarify whether this means that you funded the bonus pool at 75% of each executive officers salary.
You may contact Jennifer Monic k, Senior Staff Accountant , at 202-551-3295 or me at 202-551-3629 if you have questions regarding commen ts on the financial statements and related matters. Please contact Stacie Gorman, Atto rney Advisor, at 202-551-3585 or Tom Kluck, Branch Chief, at 202-551-3233 with any other questions.
Sincerely,
Kevin Woody Branch Chief
Show Raw Text
July 29, 2010
James K. Rojas Chief Financial Officer Huron Consulting Group Inc. 550 West Van Buren Street
Chicago, IL 60607
Re: Huron Consulting Group Inc.
Form 10-K for Fiscal Year Ended December 31, 2009 Filed February 23, 2010 Definitive Proxy Statement Filed March 24, 2010 File No. 000-50976
Dear Mr. Rojas:
We have reviewed your response letter dated June 24, 2010 and have the following
additional comment. In our comment, we may ask you to provide us with information so we
may better understand your disclosure.
Please respond to this letter within ten business days by amending your filing, by
providing the requested information, or by advi sing us when you will provide the requested
response. If you do not believe our comment applies to your fact s and circumstances or do not
believe an amendment is appropriate, pl ease tell us why in your response.
After reviewing any amendment to your filing and the information you provide in
response to this comment, we may have additional comments.
James K. Rojas
Huron Consulting Group Inc. July 29, 2010 Page 2
Schedule 14A
Executive Compensation, page 18
Annual Cash Incentive, page 21
1. We note your response to comment 8 of our le tter dated June 10, 2010. In response to
our comment, you state that in establishi ng the bonus pool, you specify a particular
percentage of base salary for eligible individuals based on thei r title. Please disclose the
percentage attributable to each executive o fficer in future filings, and tell us how you
intend to comply. To the extent the targeted am ount to be allocated to each officer differs
from the actual amount awarded at the end of the fiscal year, please disclose the
difference. We note in response to commen t 7, you state that executive officers were
awarded “75% of target, the same level as the overall funding of the bonus pool.” Please
clarify whether this means that you funded the bonus pool at 75% of each executive
officers salary.
You may contact Jennifer Monic k, Senior Staff Accountant , at 202-551-3295 or me at
202-551-3629 if you have questions regarding commen ts on the financial statements and related
matters. Please contact Stacie Gorman, Atto rney Advisor, at 202-551-3585 or Tom Kluck,
Branch Chief, at 202-551-3233 with any other questions.
Sincerely,
Kevin Woody Branch Chief