Supplemental Financial Data

12 Months Ended

Dec. 31, 2020

Disclosure Text Block Supplement [Abstract]

Supplemental Financial Data

Supplemental Financial Data

Other Non-Current Assets

	December 31, 2020		December 31, 2019
Right of use assets	$	72.9	$	87.9
Prepaid pension assets	4.3		9.9
Investments	27.0		23.7
Other non-current assets	16.3		13.1
Total	$	120.5	$	134.6

Other Accrued and Current Liabilities:

	December 31, 2020		December 31, 2019
Restructuring accruals	$	9.9	$	11.1
Operating expenses accruals	76.5		58.7
Accrued interest expense	29.0		49.3
Short-term lease liability	23.3		22.4
Other accrued liabilities	21.6		25.8
Total	$	160.3	$	167.3

Other Non-Current Liabilities:

	December 31, 2020		December 31, 2019
Deferred revenue - long term	$	16.3	$	7.8
U.S. tax liability associated with the 2017 Act	49.8		55.0
Long-term lease liability	68.4		71.2
Other	8.7		3.7
Total	$	143.2	$	137.7

Property, Plant and Equipment - Net:

	December 31, 2020		December 31, 2019
Furniture	$	24.3	$	22.4
Less: Accumulated depreciation	9.2		4.4
Net:	$	15.1	$	18.0
Leasehold improvements, less:
Accumulated amortization of $4.8 and $3.1 as of December 31, 2020 and 2019, respectively	11.3		11.4
Property, plant and equipment - net	$	26.4	$	29.4

Property, plant and equipment depreciation and amortization expense for the year ended December 31, 2020 (Successor), the period from January 1, 2019 to December 31, 2019 (Successor), the period from January 1, 2019 to February 7, 2019 (Predecessor), and the year ended December 31, 2018 (Predecessor) was $9.4 million, $8.2 million, $1.1 million and $10.9 million, respectively. We also recorded impairment charges of $3.6 million included in selling and administrative expenses in the consolidated statement of operations and comprehensive income (loss) for the year ended December 31, 2020 (Successor) and for the period from January 1 to December 31, 2019 (Successor), primarily related to leasehold improvements for offices we ceased to occupy.

Computer Software and Goodwill:

	Computer Software		Goodwill
Predecessor:
December 31, 2018	$	133.8	$	770.8
Additions at cost (1)	5.0		—
Amortization	(6.8)		—
Other (2)	0.1		2.7
February 7, 2019	$	132.1	$	773.5
Successor:
January 1, 2019	$	—	$	—
Acquisitions (3)	376.0		2,842.8
Additions at cost (1)	56.4		—
Amortization	(48.4)		—
Other (2)	(4.2)		(2.7)
December 31, 2019	$	379.8	$	2,840.1
Acquisition (4)	—		10.9
Additions at cost (1)	113.1		—
Amortization	(70.8)		—
Write-off	(1.0)		—
Other	11.6		5.2
December 31, 2020	$	432.7	$	2,856.2

The computer software amortization expense for the year ended December 31, 2018 (Predecessor) was $44.9 million.

Other Intangibles:

	Customer Relationships		Database and Other		Other Indefinite-Lived Intangibles		Total
Predecessor:
December 31, 2018	$	75.7	$	50.0	$	158.4	$	284.1
Additions	—		0.1		—		0.1
Amortization	(1.7)		(1.5)		—		(3.2)
Other (2)	0.1		—		—		0.1
February 7, 2019 (5)	$	74.1	$	48.6	$	158.4	$	281.1
Successor:
January 1, 2019	$	—	$	—	$	—	$	—
Acquisition (6)	2,403.0		1,999.7		1,275.8		5,678.5
Additions	—		0.6		—		0.6
Amortization	(239.5)		(186.3)		—		(425.8)
Other (2)	(1.4)		(0.5)		—		(1.9)
December 31, 2019 (5)	$	2,162.1	$	1,813.5	$	1,275.8	$	5,251.4
Acquisitions (4)	2.4		6.8				9.2
Additions	—		0.6		—		0.6
Amortization	(255.1)		(201.6)		—		(456.7)
Other (2)	3.1		4.4		—		7.5
December 31, 2020 (5)	$	1,912.5	$	1,623.7	$	1,275.8	$	4,812.0

(1)Primarily related to software-related enhancements on products.

(2)Primarily due to the impact of foreign currency fluctuations.

(3)Related to the Take-Private Transaction in February 2019 and Lattice acquisition in July 2019. See Note 15 and 16 for further detail.

(4)Related to the acquisition of Orb Intelligence and coAction.com.

(5)Customer Relationships—Net of accumulated amortization of $495.5 million, $239.5 million, and $56.6 million as of December 31, 2020 (Successor), December 31, 2019 (Successor), and February 7, 2019 (Predecessor), respectively.

Database and Other—Net of accumulated amortization of $388.5 million, $186.3 million, and $121.4 million as of December 31, 2020 (Successor), as of December 31,2019 (Successor), and February 7, 2019 (Predecessor), respectively.

(6)Related to fair values of identifiable intangible assets recorded from purchase accounting as a result of the Take-Private Transaction in February 2019 and the acquisition of Lattice in July 2019.

The other intangibles amortization expense for the year ended December 31, 2018 (Predecessor) was $32.9 million.

The table below sets forth the future amortization as of December 31, 2020 associated with computer software and other intangibles primarily recognized as a result of the Take-Private Transaction and the acquisition of Lattice:

	2021		2022		2023		2024		2025		Thereafter		Total
Computer Software	$	101.6	$	92.5	$	83.6	$	56.4	$	48.4	$	50.2	$	432.7
Customer Relationship	239.3		223.3		207.3		191.1		175.0		876.5		1,912.5
Database	190.3		179.1		167.8		156.6		145.3		784.6		1,623.7
Total	$	531.2	$	494.9	$	458.7	$	404.1	$	368.7	$	1,711.3	$	3,968.9

Allowance for Doubtful Accounts:

Predecessor:
January 1, 2018	$	24.2
Additions charged to costs and expenses	6.7
Write-offs	(9.1)
Recoveries	2.7
Other (7)	(10.4)
December 31, 2018	14.1
Additions charged to costs and expenses	0.7
Write-offs	(0.6)
Recoveries	0.2
Other	0.2
February 7, 2019	$	14.6
Successor:
January 1, 2019	$	—
Additions charged to costs and expenses	5.2
Recoveries	2.3
Other	(0.2)
December 31, 2019	7.3
Additions charged to costs and expenses	7.8
Write-offs	(5.7)
Recoveries	1.7
Other	(0.1)
December 31, 2020	$	11.0

(7)Primarily due to the reclassification of reserve for sales cancellation to Accounts Payable resulting from the adoption of Topic 606.

Deferred Tax Asset Valuation Allowance:

Predecessor:
January 1, 2018	$	39.1
Additions charged (credited) to costs and expenses	(2.8)
Additions charged (credited) due to foreign currency fluctuations	(1.9)
Additions charged (credited) to other accounts	—
December 31, 2018	34.4
Additions charged (credited) to costs and expenses	—
Additions charged (credited) due to foreign currency fluctuations	—
Additions charged (credited) to other accounts	—
February 7, 2019	$	34.4
Successor:
January 1, 2019	$	—
Additions charged (credited) to costs and expenses	(27.2)
Additions charged (credited) due to foreign currency fluctuations	(0.5)
Acquisition	60.8
December 31, 2019	33.1
Additions charged (credited) to costs and expenses	0.5
Additions charged (credited) due to foreign currency fluctuations	2.2
Additions charged (credited) to other accounts	—
December 31, 2020	$	35.8

Other Income (Expense) — Net

Other income (expense) - net was as follows:

	Successor				Predecessor
	Year ended December 31, 2020		Period from January 1 to December 31, 2019		Period from January 1 to February 7, 2019		Year ended December 31, 2018
Non-operating pension income (expense) (1)	$	45.9	$	35.9	$	(85.7)	$	(2.4)
Change in fair value of make-whole derivative liability (2)	(32.8)		(172.4)		—		—
Partial debt redemption premium (3)	(50.1)		—		—		—
Miscellaneous other income (expense) – Net (4)	25.0		(18.3)		(0.3)		(0.9)
Other income (expense) – net	$	(12.0)	$	(154.8)	$	(86.0)	$	(3.3)

(1)Higher non-operating pension income for the year ended December 31, 2020 (Successor) compared to the period from January 1, 2019 to December 31, 2019 (Successor) was primarily driven by lower interest cost and higher expected asset return. Higher non-operating pension expense for the period from January 1, 2019 to February 7, 2019 was due to a one-time pension settlement charge of $85.8 million related to the then-existing U.S. Non-Qualified plans.

(2)Related to the make-whole provision associated with the Series A Preferred Stock. See Note 22 to the consolidated financial statements.

(3)See Note 6 to the consolidated financial statements.

(4)The increase in Miscellaneous Other Expense - Net for the year ended December 31, 2020 compared to each of the prior periods was primarily driven by the change in fair value related to the foreign currency collar we entered into in connection with the Bisnode acquisition and higher foreign currency exchange gains related to the revaluation of our intercompany loans.