XML 14 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 973,135 $ 1,070,882 $ 1,992,026 $ 2,041,326
Costs and expenses:        
Cost of services and product development 322,551 387,999 663,829 734,644
Selling, general and administrative 494,840 514,976 991,479 1,033,746
Depreciation 22,728 20,099 45,245 39,874
Amortization of intangibles 31,208 32,164 63,387 65,847
Acquisition and integration charges (credits) 2,157 (358) 3,716 2,414
Total costs and expenses 873,484 954,880 1,767,656 1,876,525
Operating income 99,651 116,002 224,370 164,801
Interest expense, net (30,296) (24,749) (56,644) (49,596)
Loss from divested operations 0 0 0 (2,075)
Other expense, net (10,399) (247) (11,915) (1,071)
Income before income taxes 58,956 91,006 155,811 112,059
Provision (benefit) for income taxes 3,879 (12,400) 25,637 (12,142)
Net income $ 55,077 $ 103,406 $ 130,174 $ 124,201
Net income per share:        
Basic (in dollars per share) $ 0.62 $ 1.15 $ 1.46 $ 1.38
Diluted (in dollars per share) $ 0.61 $ 1.13 $ 1.45 $ 1.36
Weighted average shares outstanding:        
Basic (in shares) 89,323 90,112 89,271 89,997
Diluted (in shares) 89,780 91,188 89,967 91,146
Research        
Revenues:        
Total revenues $ 875,329 $ 826,055 $ 1,784,620 $ 1,651,429
Conferences        
Revenues:        
Total revenues 317 141,174 14,187 193,106
Consulting        
Revenues:        
Total revenues $ 97,489 $ 103,653 $ 193,219 $ 196,791