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Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Schedule of Summarized Segment Financial Information

Year ended December 31, 2021

Software 

    

Data and 

Corporate and 

    

Solutions

Analytics

    

Other

    

Total

Revenues

$

1,250.0

  

$

225.2

$

(1)

$

1,475.2

Expenses:

 

  

  

 

  

 

  

  

 

  

Operating expenses

 

536.3

  

 

145.0

 

112.6

(2)

 

793.9

Transition and integration costs

 

  

 

 

13.3

(3)

 

13.3

EBITDA

 

713.7

 

80.2

 

(125.9)

  

 

668.0

Depreciation and amortization

 

131.1

  

 

15.5

 

218.4

(4)

 

365.0

Operating income (loss)

 

582.6

 

64.7

 

(344.3)

  

 

303.0

Interest expense, net

 

  

  

 

  

 

  

  

 

(83.6)

Other expense, net

 

  

  

 

  

 

  

  

 

(6.4)

Earnings before income taxes and equity in earnings of unconsolidated affiliates

 

  

  

 

  

 

  

  

 

213.0

Income tax expense

 

  

  

 

  

 

  

  

 

35.7

Earnings before equity in earnings of unconsolidated affiliates

 

  

  

 

  

 

  

  

 

177.3

Equity in earnings of unconsolidated affiliates, net of tax

 

  

  

 

  

 

  

  

 

2.6

Net earnings

 

  

  

 

  

 

  

  

 

179.9

Net losses attributable to redeemable noncontrolling interests

 

  

  

 

  

 

  

  

 

28.0

Net earnings attributable to Black Knight

 

  

  

 

  

 

  

  

$

207.9

Year ended December 31, 2020

Software 

Data and 

Corporate and 

    

    

Solutions

    

Analytics

    

Other

    

Total

Revenues

$

1,040.2

$

198.7

$

(0.4)

(1)

$

1,238.5

Expenses:

 

  

 

  

 

  

  

 

  

Operating expenses

 

435.6

 

133.9

 

100.1

(2)

 

669.6

Transition and integration costs

 

 

 

31.4

(3)

 

31.4

EBITDA

 

604.6

 

64.8

 

(131.9)

  

 

537.5

Depreciation and amortization

 

120.9

 

15.1

 

134.7

(4)

 

270.7

Operating income (loss)

 

483.7

 

49.7

 

(266.6)

  

 

266.8

Interest expense, net

 

  

 

  

 

  

  

 

(62.9)

Other income, net

 

  

 

  

 

  

  

 

16.4

Earnings before income taxes and equity in earnings of unconsolidated affiliates

 

  

 

  

 

  

  

 

220.3

Income tax expense

 

  

 

  

 

  

  

 

41.6

Earnings before equity in earnings of unconsolidated affiliates

 

  

 

  

 

  

  

 

178.7

Equity in earnings of unconsolidated affiliates, net of tax

 

  

 

  

 

  

  

 

67.1

Net earnings

245.8

Net losses attributable to redeemable noncontrolling interests

18.3

Net earnings attributable to Black Knight

 

  

 

  

 

  

  

$

264.1

Year ended December 31, 2019

Software 

Data and 

Corporate and 

    

    

Solutions

    

Analytics

    

Other

    

Total

Revenues

$

1,012.3

$

165.4

$

(0.5)

(1)

$

1,177.2

Expenses:

 

  

 

  

 

  

  

 

  

Operating expenses

 

412.7

 

123.4

 

109.9

(2)

 

646.0

Transition and integration costs

 

 

 

5.4

(3)

 

5.4

EBITDA

 

599.6

 

42.0

 

(115.8)

  

 

525.8

Depreciation and amortization

 

123.9

 

15.9

 

96.4

(4)

 

236.2

Operating income (loss)

 

475.7

 

26.1

 

(212.2)

  

 

289.6

Interest expense, net

 

  

 

  

 

  

  

 

(63.5)

Other expense, net

 

  

 

  

 

  

  

 

(1.4)

Earnings before income taxes and equity in losses of unconsolidated affiliates

 

  

 

  

 

  

  

 

224.7

Income tax expense

 

  

 

  

 

  

  

 

41.9

Earnings before equity in losses of unconsolidated affiliates

 

  

 

  

 

  

  

182.8

Equity in losses of unconsolidated affiliates, net of tax

 

  

 

  

 

  

  

 

(74.0)

Net earnings

 

  

 

  

 

  

  

$

108.8

(1)Revenues for Corporate and Other represent deferred revenue purchase accounting adjustments recorded in accordance with GAAP.
(2)Operating expenses for Corporate and Other includes equity-based compensation, including certain related payroll taxes, of $42.9 million, $40.6 million and $51.7 million for the years ended December 31, 2021, 2020 and 2019, respectively.
(3)Transition and integration costs primarily consists of costs associated with acquisitions and expense reduction initiatives.
(4)Depreciation and amortization for Corporate and Other primarily represents net incremental depreciation and amortization adjustments associated with the application of purchase accounting recorded in accordance with GAAP.