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Segment Information
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company’s products and services are delivered through three segments – Research, Conferences and Consulting, as described below.

•Research equips executives and their teams from every function and across all industries with actionable, objective insight, guidance and tools. Our experienced experts deliver all this value informed by an unmatched combination of practitioner-sourced and data-driven research to help our clients address their mission critical priorities.

•Conferences provides executives and teams across an organization the opportunity to learn, share and network. From our Gartner Symposium/Xpo series, to industry-leading conferences focused on specific business roles and topics, to peer-driven sessions, our offerings enable attendees to experience the best of Gartner insight and guidance.

•Consulting serves senior executives leading technology-driven strategic initiatives leveraging the power of Gartner’s actionable, objective insight. Through custom analysis and on-the-ground support we enable optimized technology investments and stronger performance on our clients’ mission critical priorities.

The Company evaluates segment performance and allocates resources based on gross contribution margin. Gross contribution, as presented in the tables below, is defined as operating income or loss excluding certain Cost of services and product development expenses, Selling, general and administrative expenses, Depreciation, Amortization of intangibles, Acquisition and integration charges and Gain from sale of divested operation. Certain bonus and fringe benefit costs included in consolidated Cost of services and product development are not allocated to segment expense. The accounting policies used by the reportable segments are the same as those used by the Company. There are no intersegment revenues. The Company does
not identify or allocate assets, including capital expenditures, by reportable segment. Accordingly, assets are not reported by segment because the information is not available by segment and is not reviewed in the evaluation of segment performance or in making decisions regarding the allocation of resources.

The tables below present information about the Company’s reportable segments for the periods indicated (in thousands).

Three Months Ended March 31, 2024ResearchConferencesConsultingConsolidated
Revenues$1,268,172 $70,069 $134,685 $1,472,926 
Gross contribution944,570 23,255 54,287 1,022,112 
Corporate and other expenses   (748,227)
Operating income   $273,885 
Three Months Ended March 31, 2023ResearchConferencesConsultingConsolidated
Revenues$1,217,191 $64,642 $127,036 $1,408,869 
Gross contribution899,514 26,788 50,808 977,110 
Corporate and other expenses(569,153)
Operating income$407,957 


The table below provides a reconciliation of total segment gross contribution to net income for the periods indicated (in thousands).
Three Months Ended
March 31,
20242023
Total segment gross contribution$1,022,112 $977,110 
Costs and expenses:
Cost of services and product development - unallocated (1)8,627 3,380 
Selling, general and administrative 689,833 657,090 
Depreciation and amortization49,307 46,631 
Acquisition and integration charges460 1,368 
  Gain from sale of divested operation— (139,316)
Operating income 273,885 407,957 
Interest expense and other, net(14,328)(29,757)
Gain on event cancellation insurance claims— 3,077 
Less: Provision for income taxes49,012 85,494 
Net income $210,545 $295,783 
(1)The unallocated amounts consist of certain bonus and fringe costs recorded in consolidated Cost of services and product development that are not allocated to segment expense. The Company’s policy is to allocate bonuses to segments at 100% of a segment employee’s target bonus. Amounts above or below 100% are absorbed by corporate.