XML 60 R21.htm IDEA: XBRL DOCUMENT
v3.20.1

Operating Segments | 3 Months Ended
--- | ---
Mar. 31, 2020
Segment Reporting [Abstract] |
Operating Segments | Note 14 — Operating Segments As of January 1, 2020, the Company realigned its internal management and reporting into Products and Research segments. The realignment eliminated the SiriusDecisions segment as it no longer operated under a separate management structure. The 2019 amounts have been revised to conform to the current presentation. The Products segment includes the revenues of the Connect, Analytics, and Events products and the costs of the organizations responsible for developing and delivering these products. In addition, this segment includes Consulting revenues and the related cost of the Company’s project consulting organization. The project consulting organization delivers a majority of the Company’s project consulting revenue and certain advisory services primarily related to the Analytics product line. This segment also includes the costs of the product management organization that is responsible for product pricing and packaging and the launch of new products. The Research segment includes the revenues of the Research products and the cost of the organizations responsible for developing and delivering the Company’s Research products. In addition, this segment includes Consulting revenues primarily from the delivery of advisory services (such as workshops, speeches and advisory days) delivered by the Company’s research analysts. The Company evaluates reportable segment performance and allocates resources based on segment revenues and expenses. Segment expenses include the direct expenses of each segment organization and excludes selling and marketing expenses, general and administrative expenses, stock-based compensation expense, depreciation expense, adjustments to incentive bonus compensation from target amounts, amortization of intangible assets, interest and other expense, and losses on investments. The accounting policies used by the segments are the same as those used in the consolidated financial statements. The Company provides disaggregated revenue by product in the segment tables below (in thousands):
|  | Products |  |  | Research |  |  | Consolidated |
Three Months Ended March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |
Research services revenues |  |  |  |  |  |  |  |  |  |  |  |
Research |  | $ | — |  |  | $ | 53,606 |  |  | $ | 53,606 |
Connect |  |  | 13,889 |  |  |  | — |  |  |  | 13,889 |
Analytics |  |  | 5,301 |  |  |  | — |  |  |  | 5,301 |
Total research services revenues |  |  | 19,190 |  |  |  | 53,606 |  |  |  | 72,796 |
Advisory services and events revenues |  |  |  |  |  |  |  |  |  |  |  |
Consulting |  |  | 20,638 |  |  |  | 12,821 |  |  |  | 33,459 |
Events |  |  | 90 |  |  |  | — |  |  |  | 90 |
Total advisory services and events revenues |  |  | 20,728 |  |  |  | 12,821 |  |  |  | 33,549 |
Total segment revenues |  |  | 39,918 |  |  |  | 66,427 |  |  |  | 106,345 |
Segment expenses |  |  | (19,378 | ) |  |  | (18,784 | ) |  |  | (38,162 | )
Selling, marketing, administrative and other expenses |  |  |  |  |  |  |  |  |  |  | (59,875 | )
Amortization of intangible assets |  |  |  |  |  |  |  |  |  |  | (4,712 | )
Acquisition and integration costs |  |  |  |  |  |  |  |  |  |  | (2,875 | )
Interest expense, other income and gain on investments |  |  |  |  |  |  |  |  |  |  | (1,215 | )
Loss before income taxes |  |  |  |  |  |  |  |  |  | $ | (494 | )
|  | Products |  |  | Research |  |  | Consolidated |
Three Months Ended March 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Research services revenues |  |  |  |  |  |  |  |  |  |  |  |
Research |  | $ | — |  |  | $ | 49,780 |  |  | $ | 49,780 |
Connect |  |  | 13,571 |  |  |  | — |  |  |  | 13,571 |
Analytics |  |  | 5,258 |  |  |  | — |  |  |  | 5,258 |
Total research services revenues |  |  | 18,829 |  |  |  | 49,780 |  |  |  | 68,609 |
Advisory services and events revenues |  |  |  |  |  |  |  |  |  |  |  |
Consulting |  |  | 18,885 |  |  |  | 12,902 |  |  |  | 31,787 |
Events |  |  | 253 |  |  |  | — |  |  |  | 253 |
Total advisory services and events revenues |  |  | 19,138 |  |  |  | 12,902 |  |  |  | 32,040 |
Total segment revenues |  |  | 37,967 |  |  |  | 62,682 |  |  |  | 100,649 |
Segment expenses |  |  | (19,948 | ) |  |  | (20,397 | ) |  |  | (40,345 | )
Selling, marketing, administrative and other expenses |  |  |  |  |  |  |  |  |  |  | (62,011 | )
Amortization of intangible assets |  |  |  |  |  |  |  |  |  |  | (6,210 | )
Acquisition and integration costs |  |  |  |  |  |  |  |  |  |  | (2,967 | )
Interest expense, other income and loss on investments |  |  |  |  |  |  |  |  |  |  | (2,658 | )
Loss before income taxes |  |  |  |  |  |  |  |  |  | $ | (13,542 | )

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration