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Interim Consolidated Financial Statements (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
ASC 606 [Member] |
Summary Of Significant Accounting Policy [Line Items] |
Summary of Effect of Adopting ASC 606 on Company's Financial Statements | The following tables summarize the effect of adopting ASC 606 on the Company’s financial statements during and as of the three and nine months ended September 30, 2018 (in thousands):
Consolidated Balance Sheet |  |  |  |  |  |  |
| As of September 30, 2018 |
|  |  |  |  | Amounts as |
|  |  |  |  | if Previous |
|  |  |  |  | Guidance in |
| As Reported |  |  | Effect |
Accounts receivable, net | $ | 38,552 |  |  | $ | 41,837 |
Deferred commissions |  | 10,884 |  |  |  | 10,284 |
Prepaid expenses and other current assets |  | 13,292 |  |  |  | 17,966 |
Total current assets |  | 207,180 |  |  |  | 214,539 |
Other assets |  | 8,417 |  |  |  | 7,855 |
Total assets |  | 328,494 |  |  |  | 335,291 |
Deferred revenue | $ | 128,435 |  |  | $ | 138,060 |
Total current liabilities |  | 170,311 |  |  |  | 179,936 |
Total liabilities |  | 181,664 |  |  |  | 191,289 |
Retained earnings |  | 126,006 |  |  |  | 123,178 |
Total stockholders’ equity |  | 146,830 |  |  |  | 144,002 |
Total liabilities and stockholders’ equity |  | 328,494 |  |  |  | 335,291 |
Consolidated Statement of Income |  |  |  |  |  |  |
| Three Months Ended September 30, 2018 |
|  |  |  |  | Amounts as |
|  |  |  |  | if Previous |
|  |  |  |  | Guidance in |
| As Reported |  |  | Effect |
Revenues: |  |  |  |  |  |  |
Research services | $ | 56,332 |  |  | $ | 55,719 |
Advisory services and events |  | 28,558 |  |  |  | 28,287 |
Total revenues |  | 84,890 |  |  |  | 84,006 |
Operating expenses: |  |  |  |  |  |  |
Cost of services and fulfillment |  | 34,361 |  |  |  | 34,838 |
Selling and marketing |  | 31,051 |  |  |  | 30,871 |
Total operating expenses |  | 79,948 |  |  |  | 80,245 |
Income from operations |  | 4,942 |  |  |  | 3,761 |
Income before income taxes |  | 5,244 |  |  |  | 4,063 |
Income tax provision |  | 1,294 |  |  |  | 927 |
Net income |  | 3,950 |  |  |  | 3,136 |
Basic income per common share | $ | 0.22 |  |  | $ | 0.17 |
Diluted income per common share | $ | 0.21 |  |  | $ | 0.17 |
Consolidated Statement of Income |  |  |  |  |  |  |
| Nine Months Ended September 30, 2018 |
|  |  |  |  | Amounts as |
|  |  |  |  | if Previous |
|  |  |  |  | Guidance in |
| As Reported |  |  | Effect |
Revenues: |  |  |  |  |  |  |
Research services | $ | 166,332 |  |  | $ | 167,429 |
Advisory services and events |  | 92,660 |  |  |  | 93,051 |
Total revenues |  | 258,992 |  |  |  | 260,480 |
Operating expenses: |  |  |  |  |  |  |
Cost of services and fulfillment |  | 107,537 |  |  |  | 107,841 |
Selling and marketing |  | 96,771 |  |  |  | 96,502 |
Total operating expenses |  | 245,311 |  |  |  | 245,346 |
Income from operations |  | 13,681 |  |  |  | 15,134 |
Income before income taxes |  | 14,091 |  |  |  | 15,544 |
Income tax provision |  | 4,086 |  |  |  | 4,564 |
Net income |  | 10,005 |  |  |  | 10,980 |
Basic income per common share | $ | 0.55 |  |  | $ | 0.61 |
Diluted income per common share | $ | 0.55 |  |  | $ | 0.60 |
Consolidated Statement of Comprehensive Income |  |  |  |  |  |  |
| Three Months Ended September 30, 2018 |
|  |  |  |  | Amounts as |
|  |  |  |  | if Previous |
|  |  |  |  | Guidance in |
| As Reported |  |  | Effect |
Net income | $ | 3,950 |  |  | $ | 3,136 |
Comprehensive income |  | 3,413 |  |  |  | 2,599 |
Consolidated Statement of Comprehensive Income |  |  |  |  |  |  |
| Nine Months Ended September 30, 2018 |
|  |  |  |  | Amounts as |
|  |  |  |  | if Previous |
|  |  |  |  | Guidance in |
| As Reported |  |  | Effect |
Net income | $ | 10,005 |  |  | $ | 10,980 |
Comprehensive income |  | 7,724 |  |  |  | 8,698 |
Consolidated Statement of Cash Flows |  |  |  |  |  |  |
| Nine Months Ended September 30, 2018 |
|  |  |  |  | Amounts as |
|  |  |  |  | if Previous |
|  |  |  |  | Guidance in |
| As Reported |  |  | Effect |
Cash flows from operating activities: |  |  |  |  |  |  |
Net income | $ | 10,005 |  |  | $ | 10,980 |
Accounts receivable |  | 31,857 |  |  |  | 28,572 |
Deferred commissions |  | 3,716 |  |  |  | 3,447 |
Prepaid expenses and other current assets |  | (68 | ) |  |  | 714 |
Deferred revenue |  | (8,205 | ) |  |  | (6,408 | )

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