XML 37 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Goodwill and Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of changes to the carrying amount of goodwill by reporting unit
The following table presents changes to the carrying amount of goodwill by segment during the six months ended June 30, 2018 (in thousands):
 
Research
 
Events
 
Consulting
 
Other
 
Total
Balance at December 31, 2017 (1), (2)
$
2,619,677

 
$
187,920

 
$
97,798

 
$
81,899

 
$
2,987,294

Divestiture (3)
—

 
—

 
—

 
(20,642
)
 
(20,642
)
Foreign currency translation impact and other (4)
568

 
(245
)
 
(335
)
 
7,873

 
7,861

Balance at June 30, 2018
$
2,620,245

 
$
187,675

 
$
97,463

 
$
69,130

 
$
2,974,513

 
(1)
The Company does not have any accumulated goodwill impairment losses.
(2)
Excludes certain amounts related to held-for-sale operations.
(3)
Represents amounts related to a divested business. See Note 2 — Acquisitions and Divestitures for additional information.
(4)
Includes the foreign currency translation impact and certain measurement period adjustments related to the acquisition of CEB in April 2017.
Schedule of amortizable intangible assets
The following tables present reconciliations of the carrying amounts of the Company's finite-lived intangible assets as of the dates indicated (in thousands):
June 30, 2018
 
Customer
Relationships
 
Software
 
Content
 
Other
 
Total
Gross cost at December 31, 2017 (1)
 
$
1,200,316

 
$
123,424

 
$
104,313

 
$
54,929

 
$
1,482,982

Divestiture (2)
 
(7,167
)
 
(321
)
 
(241
)
 
(39
)
 
(7,768
)
Foreign currency translation impact and other (3)
 
(6,953
)
 
(315
)
 
(564
)
 
(500
)
 
(8,332
)
Gross cost
 
1,186,196

 
122,788

 
103,508

 
54,390

 
1,466,882

Accumulated amortization (4)
 
(141,775
)
 
(38,759
)
 
(79,220
)
 
(29,831
)
 
(289,585
)
Balance at June 30, 2018
 
$
1,044,421

 
$
84,029

 
$
24,288

 
$
24,559

 
$
1,177,297


December 31, 2017
 
Customer
Relationships
 
Software
 
Content
 
Other
 
Total
Gross cost (1)
 
$
1,200,316

 
$
123,424

 
$
104,313

 
$
54,929

 
$
1,482,982

Accumulated amortization (4)
 
(92,983
)
 
(26,344
)
 
(47,475
)
 
(24,158
)
 
(190,960
)
Balance at December 31, 2017 (1)
 
$
1,107,333

 
$
97,080

 
$
56,838

 
$
30,771

 
$
1,292,022


 

(1) Excludes certain amounts related to held-for-sale operations.
(2) Represents amounts related to a divested business. See Note 2 — Acquisitions and Divestitures for additional information.
(3) Includes the foreign currency translation impact and certain other adjustments.
(4) Finite-lived intangible assets are amortized using the straight-line method over the following periods: Customer relationships—4 to 13 years; Software—3 to 7 years; Content—1.5 to 5 years; and Other—2 to 5 years.
Schedule of estimated future amortization expense by year
The estimated future amortization expense by year for finite-lived intangible assets is as follows (in thousands):
2018 (remaining six months)
$
84,072

2019
133,661

2020
127,022

2021
106,555

2022
96,998

Thereafter
628,989

 
$
1,177,297