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Segment Information (Tables)
9 Months Ended
Sep. 30, 2011
Information about the Reportable Segments

The following tables present information about the Company’s reportable segments (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2011:

 

Research

 

Consulting

 

Events

 

Consolidated

 

 

 


 


 


 


 

Revenues

 

$

255,979

 

$

70,815

 

$

18,990

 

$

345,784

 

Gross contribution

 

 

173,615

 

 

24,458

 

 

5,553

 

 

203,626

 

Corporate and other expenses

 

 

 

 

 

 

 

 

 

 

 

(156,376

)

 

 

 

 

 

 

 

 

 

 

 



 

Operating income

 

 

 

 

 

 

 

 

 

 

 

47,250

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

(2,282

)

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

(541

)

 

 

 

 

 

 

 

 

 

 

 



 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

44,427

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2010:

 

Research

 

Consulting

 

Events

 

Consolidated

 

 

 


 


 


 


 

Revenues

 

$

214,680

 

$

65,397

 

$

16,045

 

$

296,122

 

Gross contribution

 

 

140,605

 

 

23,981

 

 

5,974

 

 

170,560

 

Corporate and other expenses

 

 

 

 

 

 

 

 

 

 

 

(137,797

)

 

 

 

 

 

 

 

 

 

 

 



 

Operating income

 

 

 

 

 

 

 

 

 

 

 

32,763

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

(3,005

)

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

(373

)

 

 

 

 

 

 

 

 

 

 

 



 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

29,385

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2011:

 

Research

 

Consulting

 

Events

 

Consolidated

 

 

 


 


 


 


 

Revenues

 

$

749,429

 

$

219,407

 

$

72,058

 

$

1,040,894

 

Gross contribution

 

 

506,420

 

 

78,820

 

 

28,533

 

 

613,773

 

Corporate and other expenses

 

 

 

 

 

 

 

 

 

 

 

(469,174

)

 

 

 

 

 

 

 

 

 

 

 



 

Operating income

 

 

 

 

 

 

 

 

 

 

 

144,599

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

(7,863

)

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

(1,494

)

 

 

 

 

 

 

 

 

 

 

 



 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

135,242

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 2010:

 

Research

 

Consulting

 

Events

 

Consolidated

 

 

 


 


 


 


 

Revenues

 

$

634,448

 

$

212,796

 

$

58,906

 

$

906,150

 

Gross contribution

 

 

415,311

 

 

84,222

 

 

22,688

 

 

522,221

 

Corporate and other expenses

 

 

 

 

 

 

 

 

 

 

 

(426,030

)

 

 

 

 

 

 

 

 

 

 

 



 

Operating income

 

 

 

 

 

 

 

 

 

 

 

96,191

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

(9,569

)

Other income, net

 

 

 

 

 

 

 

 

 

 

 

736

 

 

 

 

 

 

 

 

 

 

 

 



 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

87,358