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Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Reconciliation of Total Segment Operating Income to Consolidated Operating Income

Information on reportable segments and reconciliation to income from operations is as follows (in thousands):

			Three Months Ended March 31,
			2022						2021
Revenue by reportable segment:
Digital Media			$	234,827					$	226,874
Cybersecurity and Martech			80,494						84,901
Elimination of inter-segment revenues			(253)						(118)
Total segment revenues			315,068						311,657
Corporate(1)			—						—
Total revenues			315,068						311,657
Gross profit by reportable segment:
Digital Media			$	209,706					$	206,081
Cybersecurity and Martech			59,393						61,907
Elimination of inter-segment gross profit			(131)						(118)
Total segment gross profit			268,968						267,870
Corporate(1)			—						(65)
Total gross profit			268,968						267,805
Direct costs by reportable segment(2):
Digital Media			$	177,586					$	175,428
Cybersecurity and Martech			47,065						50,042
Elimination of inter-segment direct costs			(131)						(118)
Total segment direct costs			224,520						225,352
Corporate(1)			13,895						15,572
Total direct costs			238,415						240,924
Operating income by reportable segment:
Digital Media			$	32,120					$	30,653
Cybersecurity and Martech			12,328						11,865
Total segment operating income			44,448						42,518
Corporate(1)			(13,886)						(15,637)
Income from operations			$	30,562					$	26,881

(1)Corporate includes costs associated with general and administrative and other expenses that are managed on a global basis and that are not directly attributable to any particular segment.

(2)Direct costs for each segment include other operating expenses that are directly attributable to the segment, such as employee compensation expense, local sales and marketing expenses, engineering and network operations expense, depreciation and amortization and other administrative expenses.

Total Assets, Capital Expenditures, Depreciation and Amortization

The CODM does not use Balance Sheet and Cash Flow information in connection with operating and investment decisions other than as presented for Digital Media and Cybersecurity and Martech. Accordingly, the following segment information is presented for Digital Media and Cybersecurity and Martech.

			March 31, 2022						December 31, 2021
Assets:
Digital Media			$	1,985,271					$	2,043,204
Cybersecurity and Martech			1,050,521						1,088,741
Total assets from reportable segments			3,035,792						3,131,945
Corporate			627,379						638,335
Total assets			$	3,663,171					$	3,770,280

			Three Months Ended March 31,
			2022						2021
Capital expenditures
Digital Media			$	26,931					$	16,819
Cybersecurity and Martech			3,571						9,450
Total from reportable segments			30,502						26,269
Corporate			—						—
Total capital expenditures			$	30,502					$	26,269

			Three Months Ended March 31,
			2022						2021
Depreciation and amortization:
Digital Media			$	46,121					$	48,350
Cybersecurity and Martech			12,857						17,047
Total from reportable segments			58,978						65,397
Corporate			93						95
Total depreciation and amortization			$	59,071					$	65,492

Revenues and Long-lived Assets by Geographic Information

The Company maintains operations in the U.S., Canada, Ireland, the United Kingdom, India and other countries. Geographic information about the U.S. and all other countries for the reporting periods is presented below. Such information attributes revenues based on jurisdictions where revenues are reported (in thousands).

			Three Months Ended March 31,
			2022						2021
Revenues:
United States			$	263,475					$	256,135
Canada			8,065						8,152
Ireland			8,812						9,713
All other countries			34,716						37,657
			$	315,068					$	311,657

			March 31, 2022						December 31, 2021
Long-lived assets:
United States			$	680,593					$	726,128
All other countries			78,037						63,423
Total			$	758,630					$	789,551

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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