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Operating Segments (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Information about Reportable Segments, Disaggregation of Revenue by Product

The Company provides information by reportable segment in the tables below (in thousands):

 

 

 

Research Segment

 

 

Consulting Segment

 

 

Events Segment

 

 

Consolidated

 

Three Months Ended March 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Research revenues

 

$

80,906

 

 

$

 

 

$

 

 

$

80,906

 

Consulting revenues

 

 

7,919

 

 

 

23,831

 

 

 

 

 

 

31,750

 

Events revenues

 

 

 

 

 

 

 

 

1,014

 

 

 

1,014

 

Total segment revenues

 

 

88,825

 

 

 

23,831

 

 

 

1,014

 

 

 

113,670

 

Segment expenses

 

 

(35,507

)

 

 

(12,353

)

 

 

(1,631

)

 

 

(49,491

)

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

(64,664

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

(3,066

)

Restructuring costs

 

 

 

 

 

 

 

 

 

 

 

(1,589

)

Interest expense, other income, and gains on investments

 

 

 

 

 

 

 

 

 

 

 

(243

)

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

$

(5,383

)

 

 

 

Research Segment

 

 

Consulting Segment

 

 

Events Segment

 

 

Consolidated

 

Three Months Ended March 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Research revenues

 

$

85,780

 

 

$

 

 

$

 

 

$

85,780

 

Consulting revenues

 

 

11,190

 

 

 

27,241

 

 

 

 

 

 

38,431

 

Events revenues

 

 

 

 

 

 

 

 

760

 

 

 

760

 

Total segment revenues

 

 

96,970

 

 

 

27,241

 

 

 

760

 

 

 

124,971

 

Segment expenses

 

 

(34,180

)

 

 

(14,317

)

 

 

(1,751

)

 

 

(50,248

)

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

(64,890

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

(3,362

)

Interest expense, other expense, and gains on investments

 

 

 

 

 

 

 

 

 

 

 

(444

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

6,027