XML 60 R44.htm IDEA: XBRL DOCUMENT v3.20.1
Business Combinations - Narrative (Details)
3 Months Ended 12 Months Ended
Feb. 28, 2020
USD ($)
Aug. 15, 2019
May 13, 2019
USD ($)
$ / shares
shares
Mar. 31, 2020
USD ($)
shares
Mar. 31, 2019
USD ($)
Dec. 31, 2019
Business Acquisition [Line Items]            
Conversion ratio           132.13667
Newly issued ordinary shares (in shares) | shares       2,895,638    
Percentage of ownership     74.00%      
Percentage of ownership after transaction   60.00%        
Pro forma, expense increase (decrease)       $ (24,926,000) $ 25,365,000  
Churchill Sponsor LLC            
Business Acquisition [Line Items]            
Percentage of ownership     26.00%      
Jersey            
Business Acquisition [Line Items]            
Total purchase price     $ 3,052,500,000      
Newly issued ordinary shares (in shares) | shares     305,250,000      
Newly issued shares value (in dollars per share) | $ / shares     $ 10.00      
Warrants excluded from ownership calculation | shares     52,800,000      
Compensatory options issued, excluded from ownership calculation (in shares) | shares     24,806,793      
Ordinary shares owned by sponsor, excluded from ownership calculation (in shares) | shares     10,600,000      
Jersey | Clarivate            
Business Acquisition [Line Items]            
Conversion ratio     132.13667      
Decision Resources Group            
Business Acquisition [Line Items]            
Total purchase price $ 964,997,000          
Value of Clarivate stock issued $ 2,895,638,000          
Percentage of ownership after transaction 100.00%          
Purchase price, net of cash $ 900,000,000          
Adjusted closing cash paid on the closing 6,100,000          
Contingent consideration, liability $ 58,897,000     60,084,000    
Estimated fair value of contingent consideration       1,187,000    
Acquisition cost expensed       $ 19,762,000    
Company Owners | Jersey            
Business Acquisition [Line Items]            
Newly issued ordinary shares (in shares) | shares     217,500,000      
Value of Clarivate stock issued     $ 2,175,000,000      
Churchill Public Shareholders | Jersey            
Business Acquisition [Line Items]            
Newly issued ordinary shares (in shares) | shares     68,999,999      
Value of Clarivate stock issued     $ 690,000,000      
Churchill Sponsor LLC | Jersey            
Business Acquisition [Line Items]            
Total purchase price     $ 187,500,000      
Newly issued ordinary shares (in shares) | shares     17,250,000      
Certain Investors | Jersey            
Business Acquisition [Line Items]            
Newly issued ordinary shares (in shares) | shares     1,500,000