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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment
The following tables present operating information about the Company’s reportable segments for the periods indicated (in thousands):
Three Months Ended March 31, 2018
Research
 
Events
 
Consulting
 
Talent Assessment & Other (1)
 
Consolidated
Revenues
$
763,924

 
$
46,087

 
$
82,896

 
$
70,658

 
$
963,565

Gross contribution
531,456

 
16,190

 
24,124

 
43,044

 
614,814

Corporate and other expenses
 

 
 

 
 

 
 
 
(623,525
)
Operating loss
 

 
 

 
 

 
 
 
$
(8,711
)
Three Months Ended March 31, 2017
Research
 
Events
 
Consulting
 
Talent Assessment & Other
 
Consolidated
Revenues (2)
$
511,306

 
$
35,269

 
$
78,594

 
$
—

 
$
625,169

Gross contribution (2)
351,113

 
13,567

 
23,937

 
—

 
388,617

Corporate and other expenses
 

 
 

 
 

 
 
 
(335,103
)
Operating income
 

 
 

 
 

 
 
 
$
53,514

 

(1) In April 2018, the Company sold its CEB Talent Assessment and CEB Workforce Survey and Analytics businesses. These two businesses were acquired in April 2017 with the CEB acquisition. The results of these businesses are included in the Talent Assessment & Other segment results for the three months ended March 31, 2018. Additional information regarding these divestitures is included in Note 2 — Acquisitions and Divestitures.
(2)
In 2017, the Company began reporting the results of its Strategic Advisory Services ("SAS") business in Research whereas previously the SAS business was reported with Consulting. As a result, revenues of $6.7 million pertaining to the three months ended March 31, 2017 were reclassified from Consulting to Research to be comparable with the current year presentation. Gross contribution of $4.4 million for the three months ended March 31, 2017 was also reclassified from Consulting to Research.
Schedule of reconciliation of segment gross contribution to net income (loss)
The following table provides a reconciliation of total segment gross contribution to net (loss) income for the periods indicated (in thousands):
 
Three Months Ended
 
March 31,
 
2018
 
2017
Total segment gross contribution
$
614,814

 
$
388,617

Costs and expenses:
 
 
 
Cost of services and product development - unallocated (1)
8,458

 
1,057

Selling, general and administrative
487,745

 
304,244

Depreciation and amortization
68,056

 
16,530

Acquisition and integration charges
59,266

 
13,272

Operating (loss) income
(8,711
)
 
53,514

Interest expense and other, net
34,160

 
5,017

(Benefit) provision for income taxes
(23,284
)
 
12,064

Net (loss) income
$
(19,587
)
 
$
36,433

 
(1)
The unallocated amounts consist of certain bonus and related fringe costs recorded in consolidated Cost of services and product development expense that are not allocated to segment expense. The Company's policy is to only allocate bonus and related fringe charges to segments for up to 100% of the segment employee's target bonus. Amounts above 100% are absorbed by corporate.