v3.22.1
Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2022
Revenue From Contract With Customer [Abstract]  
Disaggregation of Operating Revenue

The tables that follow present the disaggregated operating revenues for the periods indicated:

 

 

 

For the Three Months ended March 31, 2022

 

 

 

Segments

 

 

 

 

 

(in thousands)

 

Index

 

 

Analytics

 

 

ESG and Climate

 

 

All Other - Private Assets

 

 

Total

 

Operating Revenue Types

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Recurring subscriptions

 

$

174,498

 

 

$

137,799

 

 

$

50,572

 

 

$

36,891

 

 

$

399,760

 

Asset-based fees

 

 

145,053

 

 

 

 

 

 

 

 

 

 

 

 

145,053

 

Non-recurring

 

 

11,208

 

 

 

1,998

 

 

 

1,457

 

 

 

469

 

 

 

15,132

 

Total

 

$

330,759

 

 

$

139,797

 

 

$

52,029

 

 

$

37,360

 

 

$

559,945

 

 

 

 

 

For the Three Months ended March 31, 2021

 

 

 

Segments

 

 

 

 

 

(in thousands)

 

Index

 

 

Analytics

 

 

ESG and Climate

 

 

All Other - Private Assets

 

 

Total

 

Operating Revenue Types

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Recurring subscriptions

 

$

155,117

 

 

$

131,672

 

 

$

34,140

 

 

$

16,803

 

 

$

337,732

 

Asset-based fees

 

 

126,706

 

 

 

 

 

 

 

 

 

 

 

 

126,706

 

Non-recurring

 

 

10,668

 

 

 

2,345

 

 

 

610

 

 

 

362

 

 

 

13,985

 

Total

 

$

292,491

 

 

$

134,017

 

 

$

34,750

 

 

$

17,165

 

 

$

478,423

 

 

 

Schedule of Change in Accounts Receivable and Current Deferred Revenue

 

The tables that follow present the change in accounts receivable and current deferred revenue between the dates indicated:

 

 

 

Accounts receivable

 

 

Deferred revenue

 

 

 

(in thousands)

 

Opening (December 31, 2021)

 

$

664,511

 

 

$

824,912

 

Closing (March 31, 2022)

 

 

592,326

 

 

 

832,203

 

Increase/(decrease)

 

$

(72,185

)

 

$

7,291

 

 

 

 

Accounts receivable

 

 

Deferred revenue

 

 

 

(in thousands)

 

Opening (December 31, 2020)

 

$

558,569

 

 

$

675,870

 

Closing (March 31, 2021)

 

 

506,849

 

 

 

672,054

 

Increase/(decrease)

 

$

(51,720

)

 

$

(3,816

)

 

Schedule of Remaining Performance Obligations The remaining performance obligations for contracts that have a duration of greater than one year and the periods in which they are expected to be recognized are as follows:

 

 

 

As of

 

 

 

March 31,

 

 

 

2022

 

 

 

(in thousands)

 

First 12-month period

 

$

502,988

 

Second 12-month period

 

 

291,127

 

Third 12-month period

 

 

101,402

 

Periods thereafter

 

 

61,645

 

Total

 

$

957,162