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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income        
REVENUES $ 192,786 $ 166,789 $ 379,609 $ 324,578
COST OF REVENUES        
Cost of revenues, exclusive of amortization of acquired technologies 46,095 38,932 88,795 76,945
Amortization of acquired technologies 6,750 6,580 13,445 13,160
Total cost of revenues 52,845 45,512 102,240 90,105
GROSS PROFIT 139,941 121,277 277,369 234,473
OPERATING EXPENSES:        
Research and development 38,758 31,253 74,438 61,877
Selling and marketing 31,091 21,551 578,940 40,968
General and administrative expenses 39,509 28,394 83,717 66,233
Amortization of intangible assets 18,066 18,078 36,146 36,155
Total operating expenses 127,424 99,276 252,195 205,233
OPERATING INCOME 12,517 22,001 25,174 29,240
INTEREST EXPENSE (7,944) (18,903) (15,285) (37,669)
CHANGE IN FAIR VALUE OF INTEREST RATE SWAPS 0 3,089 0 6,366
GAIN ON SALE OF COST METHOD INVESTMENT 0 0 3,578 0
CHANGE IN FAIR VALUE OF WARRANT LIABILITIES (21,004) 0 (23,140) 0
OTHER INCOME - Net 112 4 194 91
PRETAX INCOME (LOSS) 25,689 6,191 36,801 (1,972)
INCOME TAX (PROVISION) BENEFIT (10,125) (2,375) (9,262) 704
NET INCOME (LOSS) INCOME INCLUDING NON-CONTROLLING INTEREST 15,564 3,816 27,539 (1,268)
Less: net income (loss) attributable to non-controlling interest 0 0 0 0
NET INCOME (LOSS) ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. $ 15,564 $ 3,816 $ 27,539 $ (1,268)
Earnings Per Shares Basic And Diluted [Abstract]        
Basic $ 0.03 $ 0.01 $ 0.05 $ (0.00)
Diluted $ 0.02 $ 0.01 $ 0.04 $ (0.00)
Earnings Per Share, Basic, Other Disclosure [Abstract]        
Basic 605,948,628 505,430,380 604,534,589 505,252,635
Diluted 639,964,696 523,687,498 640,650,297 505,252,635
COMPREHENSIVE (LOSS) INCOME:        
Net Income (Loss), Including noncontrolling Interest $ 15,564 $ 3,816 $ 27,539 $ (1,268)
Other comprehensive income (loss)-Foreign currency translation adjustment (303) (36) (294) (29)
COMPREHENSIVE (LOSS) INCOME INCLUDING NON-CONTROLLING INTEREST 15,261 3,780 27,245 (1,297)
Less: comprehensive (loss) income attributable to non-controlling interest 0 0 0 0
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. $ 15,261 $ 3,780 $ 27,245 $ (1,297)