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Segment Information (Tables)
3 Months Ended
Mar. 31, 2019
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 March 31, 2019 (1)
Research
 
Conferences
 
Consulting
 
 
Consolidated
Revenues
$
825,374

 
$
51,932

 
$
93,138

 
 
$
970,444

Gross contribution
575,168

 
18,876

 
28,718

 
 
622,762

Corporate and other expenses
 

 
 

 
 

 
 
(573,963
)
Operating income
 

 
 

 
 

 
 
$
48,799

Three Months Ended March 31, 2018
Research
 
Conferences
 
Consulting
 
Other
 
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
)
 
(1) During 2018, the Company divested all of its non-core businesses that comprised its Other segment and, as a result, the Company is no longer recording any additional operating activity in the Other segment.
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) for the periods indicated (in thousands):
 
Three Months Ended
 
March 31,
 
2019
 
2018
Total segment gross contribution
$
622,762

 
$
614,814

Costs and expenses:
 
 
 
Cost of services and product development - unallocated (1)
(1,037
)
 
8,458

Selling, general and administrative
518,770

 
487,745

Depreciation and amortization
53,458

 
68,056

Acquisition and integration charges
2,772

 
59,266

Operating income (loss)
48,799

 
(8,711
)
Interest expense and other, net
25,671

 
34,160

Loss from divested operations
2,075

 

Provision (benefit) for income taxes
258

 
(23,284
)
Net income (loss)
$
20,795

 
$
(19,587
)
 
(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.