Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

Summarized below are certain assets and liabilities classified as discontinued operations as of September 30, 2020 and December 31, 2019:

(in thousands)
As of September 30, 2020	PIRM		UWS		AMPS		ELI		Total
Cash and cash equivalents	$	941	$	1,369	$	—	$	—	$	2,310
Accounts receivable	4,304		39,689		—		—		43,993
Property and equipment, net	5,257		22,960		—		—		28,217
Goodwill, net	29,269		79,931		—		—		109,200
Capitalized data and database costs, net	16,643		941		—		—		17,584
Other assets	537		5,682		268		—		6,487
Total assets	$	56,951	$	150,572	$	268	$	—	$	207,791
Accounts payable and accrued expenses	$	2,460	$	24,590	$	240	$	—	$	27,290
Accrued salaries and benefits	487		3,073		—		—		3,560
Deferred income tax liabilities	8,206		9,637		—		393		18,236
Other liabilities	389		1,022		—		—		1,411
Total liabilities	$	11,542	$	38,322	$	240	$	393	$	50,497
As of December 31, 2019
Cash and cash equivalents	$	711	$	313	$	—	$	—	$	1,024
Accounts receivable	3,538		30,171		—		—		33,709
Income tax receivable	—		—		—		6,166		6,166
Property and equipment, net	4,831		21,520		—		—		26,351
Goodwill, net	29,269		79,931		—		—		109,200
Capitalized data and database costs, net	17,781		888		—		—		18,669
Other assets	598		5,981		268		20		6,867
Total assets	$	56,728	$	138,804	$	268	$	6,186	$	201,986
Accounts payable and accrued expenses	$	987	$	15,881	$	240	$	22	$	17,130
Accrued salaries and benefits	785		2,395		—		—		3,180
Deferred income tax liabilities	8,206		9,637		—		393		18,236
Other liabilities	456		3,706		—		—		4,162
Total liabilities	$	10,434	$	31,619	$	240	$	415	$	42,708

Summarized below are the components of our income/(loss) from discontinued operations, net of tax for the three and nine months ended September 30, 2020 and 2019:

(in thousands)
For the Three Months September 30, 2020	PIRM		UWS		AMPS		ELI		Total
Operating revenues	$	9,904	$	93,262	$	—	$	—	$	103,166
Cost of services (exclusive of depreciation and amortization)	4,711		75,732		—		—		80,443
Selling, general and administrative expenses	2,989		4,539		—		(1)		7,527
Depreciation and amortization	1,204		957		—		—		2,161
Gain on investments and other, net	—		(1,194)		—		—		(1,194)
Income from discontinued operations before income taxes	1,000		13,228		—		1		14,229
Provision for income taxes	250		3,300		—		—		3,550
Income from discontinued operations, net of tax	$	750	$	9,928	$	—	$	1	$	10,679
For the Three Months September 30, 2019
Operating revenues	$	11,066	$	72,317	$	—	$	—	$	83,383
Cost of services (exclusive of depreciation and amortization)	5,112		58,359		—		—		63,471
Selling, general and administrative expenses	2,763		1,913		5		23,129		27,810
Depreciation and amortization	1,953		1,375		—		—		3,328
Impairment Loss	(1)		78		—		—		77
Loss on investments and other, net	—		3		—		—		3
Income/(loss) from discontinued operations before income taxes	1,239		10,589		(5)		(23,129)		(11,306)
Provision/(benefit) for income taxes	309		2,642		(1)		(5,771)		(2,821)
Income/(loss) from discontinued operations, net of tax	$	930	$	7,947	$	(4)	$	(17,358)	$	(8,485)

(in thousands)
For the Nine Months Ended September 30, 2020	PIRM		UWS		AMPS		ELI		Total
Operating revenues	$	28,452	$	258,058	$	—	$	—	$	286,510
Cost of services (exclusive of depreciation and amortization)	14,054		211,604		—		—		225,658
Selling, general and administrative expenses	9,674		8,816		1		(19)		18,472
Depreciation and amortization	4,906		3,770		—		—		8,676
(Gain)/loss on investments and other, net	—		(3,803)		—		—		(3,803)
Income from discontinued operations before income taxes	(182)		37,671		(1)		19		37,507
Provision for income taxes	(45)		9,398		—		5		9,358
Income from discontinued operations, net of tax	$	(137)	$	28,273	$	(1)	$	14	$	28,149
For the Nine Months Ended September 30, 2019
Operating revenues	$	35,348	$	212,822	$	—	$	—	$	248,170
Cost of services (exclusive of depreciation and amortization)	16,009		171,475		—		—		187,484
Selling, general and administrative expenses	8,139		5,373		6		23,252		36,770
Depreciation and amortization	5,791		3,484		—		—		9,275
Impairment Loss	—		78		—		—		78
Gain on investments and other, net	—		(191)		—		—		(191)
Income/(loss) from discontinued operations before income taxes	5,409		32,603		(6)		(23,252)		14,754
Provision/(benefit) for income taxes	1,350		8,133		(1)		(5,801)		3,681
Income/(loss) from discontinued operations, net of tax	$	4,059	$	24,470	$	(5)	$	(17,451)	$	11,073