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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
PAY VERSUS PERFORMANCE
The following table sets forth the compensation for each of our Chief Executive Officers during 2022 and the average compensation for our other named executive officers, both as reported in the Summary Compensation Table and with certain adjustments to reflect the “compensation actually paid” (“CAP”) to such individuals, as defined under SEC rules, for each of 2022, 2021 and 2020. The table also provides information on our cumulative TSR, the cumulative TSR of our peer group, Net Income and Adjusted EBITDA (our company-selected measure) over such years in accordance with SEC rules.
Fiscal Year
Summary
Compensation
Table Total for
First PEO
(1)
Compensation
Actually Paid
to First PEO
(5)
Summary
Compensation
Table Total for
Second

PEO(1)
Compensation
Actually Paid
to Second

PEO(5)
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs
(2)
Average
Compensation
Actually Paid
to Non-PEO
NEOs
(5)
Value of Initial Fixed $100
Investment Based On:
Net
Income/(Loss)
(4)
Adjusted
EBITDA
Total
Shareholder
Return
Peer Group
Total
Shareholder
Return
(3)
(a)
(b)
(c)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
2022 4,538,176 (2,164,082) 8,375,608 5,440,653 2,645,158 (226,183) 49.64 148.65 (4,035,600,000) 1,112,700,000
2021 5,322,010 2,815,100 N/A N/A 4,404,432 3,903,063 140.00 188.32 (311,956,000) 800,400,000
2020 20,672,203 17,397,284 N/A N/A 2,584,121 5,873,874 176.85 131.74 (350,625,000) 486,600,000
(1)
The first PEO is Jerre Stead and the second PEO is Jonathan Gear.
(2)
The 2022 NEOs are: Jonathan Collins, Steen Lomholt-Thomsen, Gordon Samson and Stefano Maestri; the 2021 NEOs are Jonathan Collins, Steen Lomholt-Thomsen, Gordon Samson, Mukhtar Ahmed, Richard Hanks and Jeff Roy; the 2020 NEOs are Richard Hanks, Mukhtar Ahmed, Jeff Roy and Stephen Hartman.
(3)
Our TSR peer group is the peer group used for purposes of the “stock performance graph” in Clarivate’s 10-K and consists of the following companies: FactSet Research Inc., Gartner Inc., Moody’s Corporation, MSCI Inc., S&P Global Inc. and Verisk Analytics, Inc.
(4)
Our 2022 net income (loss), as reported under US GAAP, includes a goodwill impairment of $4.4 billion.
(5)
The following tables show what adjustments were made to the summary compensation table total to calculate CAP. We did not pay any dividends during 2020, 2021 or 2022 and thus no adjustments were made on account of dividend payments. CAP does not reflect the actual amount of compensation earned by or paid to the PEOs and our other NEOs during the applicable year. For information regarding the decisions made by our HRCC in regard to the PEOs’ and our other NEOs’ compensation for fiscal year 2022, see “Compensation Discussion and Analysis”, above.
Fiscal Year
Summary
Compensation
Table Total for
First PEO
Exclusion of
Stock Awards &
Option Awards
Year End Fair
Value of
Unvested
Equity Granted
During the
Current Year
(a)
Change in Fair
Value of Prior
Awards that
Vested During
the Current
Year
(b)
Change in Fair
Value of Prior
Awards that
Remained
Unvested at
End of Current
Year
(c)
Fair Value at
Vest of Awards
Granted and
Vested During
the Current
Year
(d)
Prior Year End
Fair Value of
Prior Awards
that Forfeited
During the
Current Year
(e)
Inclusion of
Equity Values
(a) + (b) + (c)
+(d)
 – (e)
Compensation
Actually Paid to
First PEO
2022 4,538,176 (3,580,701) 1,856,790 (276,647) (4,701,700) (3,121,557) (2,164,082)
2021 5,322,010 (4,247,279) 4,115,427 (2,375,058) 1,740,369 2,815,100
2020 20,672,203 (19,272,972) 4,775,653 3,360,000 7,862,400 15,998,053 17,397,284
Fiscal Year
Summary
Compensation
Table Total for
Second PEO
Exclusion of
Stock Awards &
Option Awards
Year End Fair
Value of
Unvested
Equity Granted
During the
Current Year
(a)
Change in Fair
Value of Prior
Awards that
Vested During
the Current
Year
(b)
Change in Fair
Value of Prior
Awards that
Remained
Unvested at
End of Current
Year
(c)
Fair Value at
Vest of Awards
Granted and
Vested During
the Current
Year
(d)
Prior Year End
Fair Value of
Prior Awards
that Forfeited
During the
Current Year
(e)
Inclusion of
Equity Values
(a) + (b) + (c)
+(d)
 – (e)
Compensation
Actually Paid to
Second PEO
2022 8,375,608 (7,561,183) 4,626,228 4,626,228 5,440,653
Fiscal
Year
Average
Summary
Compensation
Table Total for
Non-PEO NEOs
Exclusion of
Stock Awards &
Option Awards
Year End Fair
Value of
Unvested Equity
Granted During
the Current Year
(a)
Change in Fair
Value of Prior
Awards that
Vested During
the Current Year
(b)
(A)
Change in Fair
Value of Prior
Awards that
Remained
Unvested at End
of Current Year
(c)
Fair Value at
Vest of
Awards
Granted and
Vested During
the Current
Year
(d)
Prior Year End
Fair Value of
Prior Awards
that Forfeited
During the
Current Year
(e)
Inclusion of
Equity Values
(a) + (b) + (c)
+(d)
 – (e)
Average
Compensation
Actually Paid to
Non-PEO NEOs
2022 2,645,158 (1,436,030) 813,381 (766,261) (1,482,431) (1,435,311) (226,183)
2021 4,404,432 (3,692,252) 3,450,625 (11,284) (145,225) 46,962 150,195 3,190,883 3,903,063
2020 2,584,121 (1,741,649) 1,036,784 3,994,618 5,031,402 5,873,874
(A)
Average compensation actually paid to the non-PEO NEOs in 2020 includes a change in fair value of all outstanding stock options granted in prior years that received accelerated vesting. This average fair value increased CAP by $3,994,618.
   
Company Selected Measure Name Adjusted EBITDA    
Named Executive Officers, Footnote [Text Block]
(1)
The first PEO is Jerre Stead and the second PEO is Jonathan Gear.
(2)
The 2022 NEOs are: Jonathan Collins, Steen Lomholt-Thomsen, Gordon Samson and Stefano Maestri; the 2021 NEOs are Jonathan Collins, Steen Lomholt-Thomsen, Gordon Samson, Mukhtar Ahmed, Richard Hanks and Jeff Roy; the 2020 NEOs are Richard Hanks, Mukhtar Ahmed, Jeff Roy and Stephen Hartman.
   
Peer Group Issuers, Footnote [Text Block]
(3)
Our TSR peer group is the peer group used for purposes of the “stock performance graph” in Clarivate’s 10-K and consists of the following companies: FactSet Research Inc., Gartner Inc., Moody’s Corporation, MSCI Inc., S&P Global Inc. and Verisk Analytics, Inc.
   
Adjustment To PEO Compensation, Footnote [Text Block]
(5)
The following tables show what adjustments were made to the summary compensation table total to calculate CAP. We did not pay any dividends during 2020, 2021 or 2022 and thus no adjustments were made on account of dividend payments. CAP does not reflect the actual amount of compensation earned by or paid to the PEOs and our other NEOs during the applicable year. For information regarding the decisions made by our HRCC in regard to the PEOs’ and our other NEOs’ compensation for fiscal year 2022, see “Compensation Discussion and Analysis”, above.
Fiscal Year
Summary
Compensation
Table Total for
First PEO
Exclusion of
Stock Awards &
Option Awards
Year End Fair
Value of
Unvested
Equity Granted
During the
Current Year
(a)
Change in Fair
Value of Prior
Awards that
Vested During
the Current
Year
(b)
Change in Fair
Value of Prior
Awards that
Remained
Unvested at
End of Current
Year
(c)
Fair Value at
Vest of Awards
Granted and
Vested During
the Current
Year
(d)
Prior Year End
Fair Value of
Prior Awards
that Forfeited
During the
Current Year
(e)
Inclusion of
Equity Values
(a) + (b) + (c)
+(d)
 – (e)
Compensation
Actually Paid to
First PEO
2022 4,538,176 (3,580,701) 1,856,790 (276,647) (4,701,700) (3,121,557) (2,164,082)
2021 5,322,010 (4,247,279) 4,115,427 (2,375,058) 1,740,369 2,815,100
2020 20,672,203 (19,272,972) 4,775,653 3,360,000 7,862,400 15,998,053 17,397,284
Fiscal Year
Summary
Compensation
Table Total for
Second PEO
Exclusion of
Stock Awards &
Option Awards
Year End Fair
Value of
Unvested
Equity Granted
During the
Current Year
(a)
Change in Fair
Value of Prior
Awards that
Vested During
the Current
Year
(b)
Change in Fair
Value of Prior
Awards that
Remained
Unvested at
End of Current
Year
(c)
Fair Value at
Vest of Awards
Granted and
Vested During
the Current
Year
(d)
Prior Year End
Fair Value of
Prior Awards
that Forfeited
During the
Current Year
(e)
Inclusion of
Equity Values
(a) + (b) + (c)
+(d)
 – (e)
Compensation
Actually Paid to
Second PEO
2022 8,375,608 (7,561,183) 4,626,228 4,626,228 5,440,653
   
Non-PEO NEO Average Total Compensation Amount $ 2,645,158 $ 4,404,432 $ 2,584,121
Non-PEO NEO Average Compensation Actually Paid Amount $ (226,183) 3,903,063 5,873,874
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(5)
The following tables show what adjustments were made to the summary compensation table total to calculate CAP. We did not pay any dividends during 2020, 2021 or 2022 and thus no adjustments were made on account of dividend payments. CAP does not reflect the actual amount of compensation earned by or paid to the PEOs and our other NEOs during the applicable year. For information regarding the decisions made by our HRCC in regard to the PEOs’ and our other NEOs’ compensation for fiscal year 2022, see “Compensation Discussion and Analysis”, above.
Fiscal
Year
Average
Summary
Compensation
Table Total for
Non-PEO NEOs
Exclusion of
Stock Awards &
Option Awards
Year End Fair
Value of
Unvested Equity
Granted During
the Current Year
(a)
Change in Fair
Value of Prior
Awards that
Vested During
the Current Year
(b)
(A)
Change in Fair
Value of Prior
Awards that
Remained
Unvested at End
of Current Year
(c)
Fair Value at
Vest of
Awards
Granted and
Vested During
the Current
Year
(d)
Prior Year End
Fair Value of
Prior Awards
that Forfeited
During the
Current Year
(e)
Inclusion of
Equity Values
(a) + (b) + (c)
+(d)
 – (e)
Average
Compensation
Actually Paid to
Non-PEO NEOs
2022 2,645,158 (1,436,030) 813,381 (766,261) (1,482,431) (1,435,311) (226,183)
2021 4,404,432 (3,692,252) 3,450,625 (11,284) (145,225) 46,962 150,195 3,190,883 3,903,063
2020 2,584,121 (1,741,649) 1,036,784 3,994,618 5,031,402 5,873,874
(A)
Average compensation actually paid to the non-PEO NEOs in 2020 includes a change in fair value of all outstanding stock options granted in prior years that received accelerated vesting. This average fair value increased CAP by $3,994,618.
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
[MISSING IMAGE: bc_comppaidvstsr-4c.jpg]
   
Compensation Actually Paid vs. Net Income [Text Block]
[MISSING IMAGE: bc_comppaidvsnetincome-4c.jpg]
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
[MISSING IMAGE: bc_comppaidvsebitda-4c.jpg]
   
Total Shareholder Return Vs Peer Group [Text Block]
[MISSING IMAGE: lc_compvspeertsr-4c.jpg]
   
Tabular List [Table Text Block]
The following is an unranked list of the performance measures we have determined as our most important performance measures used to link CAP to our NEOs to company performance in the most recently complete fiscal year.

Revenue

Free Cash Flow

Adjusted EBITDA

Adjusted EBITDA Margin

Relative TSR
   
Total Shareholder Return Amount $ 49.64 140 176.85
Peer Group Total Shareholder Return Amount 148.65 188.32 131.74
Net Income (Loss) $ (4,035,600,000) $ (311,956,000) $ (350,625,000)
Company Selected Measure Amount 1,112,700,000 800,400,000 486,600,000
Goodwill, Impairment Loss $ 4,400,000,000    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Revenue    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Free Cash Flow    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EBITDA    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted EBITDA Margin    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Relative TSR    
First PEO[Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 4,538,176 $ 5,322,010 $ 20,672,203
PEO Actually Paid Compensation Amount $ (2,164,082) 2,815,100 17,397,284
PEO Name Jerre Stead    
First PEO[Member] | Exclusion Of Stock Awards And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (3,580,701) (4,247,279) (19,272,972)
First PEO[Member] | Year End Fair Value Of Unvested Equity Granted During The Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 1,856,790 4,115,427 4,775,653
First PEO[Member] | Change In Fair Value Of Prior Awards That Vested During The Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (276,647)   3,360,000
First PEO[Member] | Change In Fair Value Of Prior Awards That Remained Unvested At End Of Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (4,701,700) (2,375,058)  
First PEO[Member] | Inclusion Of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (3,121,557) 1,740,369 15,998,053
First PEO[Member] | Fair Value Of Vest Of Awards Granted And Vested During The Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount     7,862,400
Second PEO[Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount 8,375,608    
PEO Actually Paid Compensation Amount $ 5,440,653    
PEO Name Jonathan Gear    
Second PEO[Member] | Exclusion Of Stock Awards And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (7,561,183)    
Second PEO[Member] | Year End Fair Value Of Unvested Equity Granted During The Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 4,626,228    
Second PEO[Member] | Inclusion Of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 4,626,228    
Non-PEO NEO [Member] | Exclusion Of Stock Awards And Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,436,030) (3,692,252) (1,741,649)
Non-PEO NEO [Member] | Year End Fair Value Of Unvested Equity Granted During The Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 813,381 3,450,625 1,036,784
Non-PEO NEO [Member] | Change In Fair Value Of Prior Awards That Vested During The Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (766,261) (11,284) 3,994,618
Non-PEO NEO [Member] | Change In Fair Value Of Prior Awards That Remained Unvested At End Of Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,482,431) (145,225)  
Non-PEO NEO [Member] | Inclusion Of Equity Values [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,435,311) 3,190,883 $ 5,031,402
Non-PEO NEO [Member] | Fair Value Of Vest Of Awards Granted And Vested During The Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   46,962  
Non-PEO NEO [Member] | Change In Fair Value Of Prior Awards That Remained Unvested At End Of Current Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   $ 150,195