XML 50 R36.htm IDEA: XBRL DOCUMENT v3.22.0.1
Revenue and Related Matters (Tables)
 12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Reportable Segment
Disaggregated revenue by reportable segment is presented in the tables below for the years indicated (in thousands).

By Primary Geographic Market (1)

Year Ended December 31, 2021
Primary Geographic MarketResearchConferencesConsultingTotal
United States and Canada$2,655,534 $146,707 $246,661 $3,048,902 
Europe, Middle East and Africa958,339 47,883 124,757 1,130,979 
Other International487,519 19,859 46,703 554,081 
Total revenues $4,101,392 $214,449 $418,121 $4,733,962 

Year Ended December 31, 2020
Primary Geographic MarketResearchConferencesConsultingTotal
United States and Canada$2,339,482 $75,024 $223,318 $2,637,824 
Europe, Middle East and Africa826,752 28,108 111,413 966,273 
Other International436,658 17,008 41,640 495,306 
Total revenues $3,602,892 $120,140 $376,371 $4,099,403 

Year Ended December 31, 2019
Primary Geographic MarketResearchConferencesConsultingTotal
United States and Canada$2,199,008 $295,857 $239,625 $2,734,490 
Europe, Middle East and Africa751,267 122,591 122,146 996,004 
Other International424,273 58,421 32,133 514,827 
Total revenues$3,374,548 $476,869 $393,904 $4,245,321 
(1)Revenue is reported based on where the sale is fulfilled.
Schedule of Disaggregation of Revenue
Year Ended December 31, 2021
Timing of Revenue RecognitionResearchConferencesConsultingTotal
Transferred over time (1)$3,740,694 $— $334,945 $4,075,639 
Transferred at a point in time (2)360,698 214,449 83,176 658,323 
Total revenues $4,101,392 $214,449 $418,121 $4,733,962 

Year Ended December 31, 2020
Timing of Revenue RecognitionResearchConferencesConsultingTotal
Transferred over time (1)$3,313,111 $— $296,546 $3,609,657 
Transferred at a point in time (2)289,781 120,140 79,825 489,746 
Total revenues $3,602,892 $120,140 $376,371 $4,099,403 

Year Ended December 31, 2019
Timing of Revenue RecognitionResearchConferencesConsultingTotal
Transferred over time (1)$3,083,936 $— $316,042 $3,399,978 
Transferred at a point in time (2)290,612 476,869 77,862 845,343 
Total revenues$3,374,548 $476,869 $393,904 $4,245,321 
(1)Research revenues were recognized in connection with performance obligations that were satisfied over time using a time-elapsed output method to measure progress. Consulting revenues were recognized over time using labor hours as an input measurement basis.
(2)The revenues in this category were recognized in connection with performance obligations that were satisfied at the point in time that the contractual deliverables were provided to the customer.
Schedule for Contract with Customer, Asset and Liability
The table below provides information regarding certain of the Company’s balance sheet accounts that pertain to its contracts with customers (in thousands).
December 31,
20212020
Assets:
Fees receivable, gross (1)$1,371,680 $1,251,508 
Contract assets recorded in Prepaid expenses and other current assets (2)$20,054 $14,440 
Contract liabilities:
Deferred revenues (current liability) (3)$2,238,035 $1,974,548 
Non-current deferred revenues recorded in Other liabilities (3)48,176 26,754 
Total contract liabilities$2,286,211 $2,001,302 
(1)Fees receivable represent an unconditional right of payment from the Company’s customers and include both billed and unbilled amounts.
(2)Contract assets represent recognized revenue for which the Company does not have an unconditional right to payment as of the balance sheet date because the project may be subject to a progress billing milestone or some other billing restriction.
(3)Deferred revenues represent amounts (i) for which the Company has received an upfront customer payment or (ii) that pertain to recognized fees receivable. Both situations occur before the completion of the Company’s performance obligation(s).