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Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment
The following tables present information about the Company’s reportable segments for the periods indicated (in thousands):
Three Months Ended June 30, 2018
Research
 
Events
 
Consulting
 
Other
 
Consolidated
Revenues
$
770,314

 
$
111,253

 
$
96,458

 
$
23,311

 
$
1,001,336

Gross contribution
532,910

 
63,461

 
33,693

 
15,104

 
645,168

Corporate and other expenses
 

 
 

 
 

 
 
 
(559,072
)
Operating income
 

 
 

 
 

 
 
 
$
86,096

Three Months Ended June 30, 2017
Research
 
Events
 
Consulting
 
Other
 
Consolidated
Revenues
$
613,732

 
$
91,205

 
$
91,693

 
$
47,101

 
$
843,731

Gross contribution
400,571

 
49,735

 
31,433

 
17,297

 
499,036

Corporate and other expenses
 

 
 

 
 

 
 
 
(597,424
)
Operating loss
 

 
 

 
 

 
 
 
$
(98,388
)
Six Months Ended June 30, 2018
Research
 
Events
 
Consulting
 
Other
 
Consolidated
Revenues
$
1,534,238

 
$
157,340

 
$
179,354

 
$
93,969

 
$
1,964,901

Gross contribution
1,064,367

 
79,651

 
57,817

 
58,148

 
1,259,983

Corporate and other expenses
 

 
 

 
 

 
 
 
(1,182,598
)
Operating income
 

 
 

 
 

 
 
 
$
77,385

Six Months Ended June 30, 2017
Research
 
Events
 
Consulting
 
Other
 
Consolidated
Revenues
$
1,125,038

 
$
126,474

 
$
170,287

 
$
47,101

 
$
1,468,900

Gross contribution
751,684

 
63,302

 
55,370

 
17,297

 
887,653

Corporate and other expenses
 

 
 

 
 

 
 
 
(932,527
)
Operating loss
 

 
 

 
 

 
 
 
$
(44,874
)

Schedule of reconciliation of segment gross contribution to net income (loss)
The following table provides a reconciliation of total segment gross contribution to net income (loss) (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2018
 
2017
 
2018
 
2017
Total segment gross contribution
$
645,168

 
$
499,036

 
$
1,259,983

 
$
887,653

Costs and expenses:
 
 
 
 
 
 
 
Cost of services and product development - unallocated (1)
11,469

 
7,309

 
19,928

 
8,366

Selling, general and administrative
460,803

 
408,226

 
948,548

 
712,470

Depreciation and amortization
66,838

 
83,557

 
134,894

 
100,087

Acquisition and integration charges
19,962

 
98,332

 
79,228

 
111,604

Operating income (loss)
86,096

 
(98,388
)
 
77,385

 
(44,874
)
Interest expense and other, net
36,484

 
44,363

 
70,644

 
49,380

Gain from divested operations
25,460

 

 
25,460

 

Provision (benefit) for income taxes
28,802

 
(50,470
)
 
5,518

 
(38,406
)
Net income (loss)
$
46,270

 
$
(92,281
)
 
$
26,683

 
$
(55,848
)
 
(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.