Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Segment Reporting Information by Segment

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


Three Months Ended March 31, 2025	Research		Conferences		Consulting		Consolidated
Revenues	$	1,321,827	$	72,597	$	139,706	$	1,534,130
Less:
Personnel expenses	289,361		17,746		79,092		386,199
Product and content delivery expenses	41,177		24,172		3,263		68,612
Other (1)	6,766		3,297		3,959		14,022
Gross contribution	984,523		27,382		53,392		1,065,297
Cost of services and product development - unallocated (2)							6,197
Selling, general and administrative							730,308
Depreciation and amortization							50,760


Interest expenses and other, net							11,024
Income before income taxes							$	267,008


Three Months Ended March 31, 2024	Research		Conferences		Consulting		Consolidated
Revenues	$	1,268,172	$	70,069	$	134,685	$	1,472,926
Less:
Personnel expenses	274,588		15,683		73,373		363,644
Product and content delivery expenses	43,587		27,793		2,191		73,571
Other (1)	5,427		3,338		4,834		13,599
Gross contribution	944,570		23,255		54,287		1,022,112
Cost of services and product development - unallocated (2)							8,627
Selling, general and administrative							689,833
Depreciation and amortization							49,307
Acquisition and integration charges							460

Interest expenses and other, net							14,328

Income before income taxes							$	259,557

(1)Other consists primarily of travel and entertainment and workplace expenses.

(2)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.