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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Statement of Comprehensive Income        
REVENUES $ 198,734 $ 176,628 $ 578,342 $ 501,205
COST OF REVENUES        
Cost of revenues, exclusive of amortization of acquired technologies 46,379 51,273 135,174 128,218
Amortization of acquired technologies 6,748 6,580 20,193 19,740
Total cost of revenues 53,127 57,853 155,367 147,958
GROSS PROFIT 145,607 118,775 422,975 353,247
OPERATING EXPENSES:        
Research and development 40,273 67,016 114,711 128,894
Selling and marketing 30,838 80,382 88,731 121,350
General and administrative expenses 39,376 142,511 123,093 208,745
Amortization of intangible assets 18,066 18,078 54,212 54,232
Total operating expenses 128,553 307,987 380,747 513,221
OPERATING INCOME (LOSS) 17,054 (189,212) 42,228 (159,974)
INTEREST EXPENSE (10,501) (13,878) (25,786) (51,548)
CHANGE IN FAIR VALUE OF DERIVATIVE INSTRUMENTS 5,991 2,007 5,991 8,373
CHANGE IN FAIR VALUE OF WARRANT LIABILITIES 312 (26,889) 23,452 (26,889)
GAIN ON SALE OF COST METHOD INVESTMENT 9 0 3,587 0
LOSS ON EARLY EXINGUISHMENT OF DEBT 0 (15,240) 0 (15,240)
OTHER INCOME (LOSS) - Net 382 (93) 576 1
PRETAX INCOME (LOSS) 13,247 (243,305) 50,048 (245,277)
INCOME TAX (PROVISION) BENEFIT (3,452) 53,523 (12,714) 54,227
NET INCOME (LOSS) INCOME INCLUDING NON-CONTROLLING INTEREST 9,795 (189,782) 37,334 (191,050)
Less: net income (loss) attributable to non-controlling interest 0 0 0 0
NET INCOME (LOSS) ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. $ 9,795 $ (189,782) $ 37,334 $ (191,050)
Earnings Per Shares Basic And Diluted [Abstract]        
Basic $ 0.02 $ (0.34) $ 0.06 $ (0.36)
Diluted $ 0.02 $ (0.34) $ 0.06 $ (0.36)
Earnings Per Share, Basic, Other Disclosure [Abstract]        
Basic 609,421,073 566,454,782 606,181,316 525,877,533
Diluted 643,582,922 566,454,782 642,208,622 525,877,533
COMPREHENSIVE (LOSS) INCOME:        
Net Income (Loss), Including noncontrolling Interest $ 9,795 $ (189,782) $ 37,334 $ (191,050)
Other comprehensive income (loss)-Foreign currency translation adjustment (510) 11 (804) (18)
COMPREHENSIVE (LOSS) INCOME INCLUDING NON-CONTROLLING INTEREST 9,285 (189,771) 36,530 (191,068)
Less: comprehensive (loss) income attributable to non-controlling interest 0 0 0 0
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO CCC INTELLIGENT SOLUTIONS HOLDINGS INC. $ 9,285 $ (189,771) $ 36,530 $ (191,068)