Segment Information

3 Months Ended

Mar. 31, 2012

Segment Information

Note 4 — Segment Information

The Company manages its business through three reportable segments: Research, Consulting and Events. Research consists primarily of subscription-based research products, access to research inquiry, peer networking services, and membership programs. Consulting consists primarily of consulting, measurement engagements, and strategic advisory services. Events consists of various symposia, conferences, and exhibitions.

The Company evaluates reportable segment performance and allocates resources based on gross contribution margin. Gross contribution, as presented in the table below, is defined as operating income excluding certain Cost of services and product development and Selling, general and administrative expenses, depreciation, and amortization of intangibles. 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 in the allocation of resources.

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

Three Months Ended March 31, 2012:	Research		Consulting		Events		Consolidated
Revenues	$	274,620	$	74,563	$	19,988	$	369,171
Gross contribution		188,602		27,600		7,895		224,097
Corporate and other expenses								(170,541	)
Operating income							$	53,556

Three Months Ended March 31, 2011:	Research		Consulting		Events		Consolidated
Revenues	$	243,435	$	70,630	$	15,502	$	329,567
Gross contribution		164,501		25,489		5,665		195,655
Corporate and other expenses								(149,874	)
Operating income							$	45,781