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Operating Segments (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Schedule of Information about Reportable Segments, Disaggregation of Revenue by Product

The Company provides disaggregated revenue by product in the segment tables below (in thousands):

 

 

 

Research

 

 

Consulting

 

 

Events

 

 

Consolidated

 

Three Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research

 

$

54,107

 

 

$

 

 

$

 

 

$

54,107

 

Connect

 

 

13,710

 

 

 

 

 

 

 

 

 

13,710

 

Analytics

 

 

4,996

 

 

 

 

 

 

 

 

 

4,996

 

Total research revenues

 

 

72,813

 

 

 

 

 

 

 

 

 

72,813

 

Consulting

 

 

13,372

 

 

 

21,261

 

 

 

 

 

 

34,633

 

Events

 

 

 

 

 

 

 

 

1,131

 

 

 

1,131

 

Total segment revenues

 

 

86,185

 

 

 

21,261

 

 

 

1,131

 

 

 

108,577

 

Segment expenses

 

 

(28,645

)

 

 

(9,646

)

 

 

(1,284

)

 

 

(39,575

)

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(63,778

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4,722

)

Acquisition and integration costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(328

)

Interest expense, other expense and gains on investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,533

)

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(1,359

)

 

 

 

Research

 

 

Consulting

 

 

Events

 

 

Consolidated

 

Three Months Ended September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research

 

$

55,022

 

 

$

 

 

$

 

 

$

55,022

 

Connect

 

 

14,257

 

 

 

 

 

 

 

 

 

14,257

 

Analytics

 

 

5,269

 

 

 

 

 

 

 

 

 

5,269

 

Total research revenues

 

 

74,548

 

 

 

 

 

 

 

 

 

74,548

 

Consulting

 

 

13,357

 

 

 

19,262

 

 

 

 

 

 

32,619

 

Events

 

 

 

 

 

 

 

 

1,429

 

 

 

1,429

 

Total segment revenues

 

 

87,905

 

 

 

19,262

 

 

 

1,429

 

 

 

108,596

 

Segment expenses

 

 

(28,632

)

 

 

(9,299

)

 

 

(1,733

)

 

 

(39,664

)

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(62,524

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(5,654

)

Acquisition and integration costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2,394

)

Interest expense, other income and losses on investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,794

)

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(3,434

)

 

 

Research

 

 

Consulting

 

 

Events

 

 

Consolidated

 

Nine Months Ended September 30, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research

 

$

163,071

 

 

$

 

 

$

 

 

$

163,071

 

Connect

 

 

40,677

 

 

 

 

 

 

 

 

 

40,677

 

Analytics

 

 

15,482

 

 

 

 

 

 

 

 

 

15,482

 

Total research revenues

 

 

219,230

 

 

 

 

 

 

 

 

 

219,230

 

Consulting

 

 

40,749

 

 

 

62,231

 

 

 

 

 

 

102,980

 

Events

 

 

 

 

 

 

 

 

6,253

 

 

 

6,253

 

Total segment revenues

 

 

259,979

 

 

 

62,231

 

 

 

6,253

 

 

 

328,463

 

Segment expenses

 

 

(81,979

)

 

 

(29,766

)

 

 

(5,167

)

 

 

(116,912

)

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(181,463

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(14,147

)

Acquisition and integration costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,815

)

Interest expense, other expense and gains on investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,904

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

10,222

 

 

 

 

Research

 

 

Consulting

 

 

Events

 

 

Consolidated

 

Nine Months Ended September 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research

 

$

161,107

 

 

$

 

 

$

 

 

$

161,107

 

Connect

 

 

41,895

 

 

 

 

 

 

 

 

 

41,895

 

Analytics

 

 

16,434

 

 

 

 

 

 

 

 

 

16,434

 

Total research revenues

 

 

219,436

 

 

 

 

 

 

 

 

 

219,436

 

Consulting

 

 

42,768

 

 

 

55,654

 

 

 

 

 

 

98,422

 

Events

 

 

 

 

 

 

 

 

19,570

 

 

 

19,570

 

Total segment revenues

 

 

262,204

 

 

 

55,654

 

 

 

19,570

 

 

 

337,428

 

Segment expenses

 

 

(89,780

)

 

 

(28,207

)

 

 

(13,398

)

 

 

(131,385

)

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(189,134

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(16,963

)

Acquisition and integration costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(7,848

)

Interest expense, other expense and losses on investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,631

)

Loss before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(14,533

)