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Operating Segment and Enterprise Wide Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Information about Reportable Segments, Disaggregation of Revenue by Product

The Company provides information by reportable segment in the tables below (in thousands):

		Research Segment				Consulting Segment				Events Segment				Consolidated
Year Ended December 31, 2024
Research revenues		$	316,739			$	—			$	—			$	316,739
Consulting revenues			21,095				76,159				—				97,254
Events revenues			—				—				18,477				18,477
Total segment revenues			337,834				76,159				18,477				432,470
Segment expenses (1):
Compensation, benefits and related costs			(100,620	)			(27,782	)			(5,567	)			(133,969	)
Direct costs of Events			—				—				(13,429	)			(13,429	)
Professional services			(10,864	)			(1,735	)			(108	)			(12,707	)
Billable expenses			(548	)			(7,926	)			—				(8,474	)
Travel and entertainment			(1,895	)			(358	)			(104	)			(2,357	)
Software			(1,278	)			(8	)			(5	)			(1,291	)
Other segment expenses (2)			(446	)			(19	)			(37	)			(502	)
Total segment expenses			(115,651	)			(37,828	)			(19,250	)			(172,729	)
Segment operating income (loss)			222,183				38,331				(773	)			259,741
Selling, marketing, administrative and other expenses															(235,805	)
Amortization of intangible assets															(9,648	)
Restructuring costs															(11,773	)
Loss from sale of divested operation															(1,775	)
Interest expense, other income, and gains on investments															1,897
Income before income taxes														$	2,637

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

(2)Other segment expenses for each reportable segment includes office supplies, maintenance, and certain overhead expenses.

		Research Segment				Consulting Segment				Events Segment				Consolidated
Year Ended December 31, 2023
Research revenues		$	334,396			$	—			$	—			$	334,396
Consulting revenues			28,826				89,402				—				118,228
Events revenues			—				—				28,155				28,155
Total segment revenues			363,222				89,402				28,155				480,779
Segment expenses (1):
Compensation, benefits and related costs			(109,025	)			(34,324	)			(6,049	)			(149,398	)
Direct costs of Events			—				—				(14,293	)			(14,293	)
Professional services			(11,861	)			(2,272	)			(60	)			(14,193	)
Billable expenses			(595	)			(8,113	)			—				(8,708	)
Travel and entertainment			(1,690	)			(297	)			(124	)			(2,111	)
Software			(1,729	)			(11	)			(14	)			(1,754	)
Other segment expenses (2)			(492	)			(11	)			(17	)			(520	)
Total segment expenses			(125,392	)			(45,028	)			(20,557	)			(190,977	)
Segment operating income			237,830				44,374				7,598				289,802
Selling, marketing, administrative and other expenses															(257,808	)
Amortization of intangible assets															(11,956	)
Restructuring costs															(13,272	)
Interest expense, other income, and gains on investments															(481	)
Income before income taxes														$	6,285

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

(2)Other segment expenses for each reportable segment includes office supplies, maintenance, and certain overhead expenses.

		Research Segment				Consulting Segment				Events Segment				Consolidated
Year Ended December 31, 2022
Research revenues		$	354,453			$	—			$	—			$	354,453
Consulting revenues			41,559				111,028				—				152,587
Events revenues			—				—				30,747				30,747
Total segment revenues			396,012				111,028				30,747				537,787
Segment expenses (1):
Compensation, benefits and related costs			(107,870	)			(37,625	)			(7,187	)			(152,682	)
Direct costs of Events			—				—				(14,373	)			(14,373	)
Professional services			(13,441	)			(8,063	)			(62	)			(21,566	)
Billable expenses			(740	)			(10,712	)			—				(11,452	)
Travel and entertainment			(1,414	)			(357	)			(123	)			(1,894	)
Software			(1,488	)			(103	)			(1	)			(1,592	)
Other segment expenses (2)			(476	)			(29	)			(55	)			(560	)
Total segment expenses			(125,429	)			(56,889	)			(21,801	)			(204,119	)
Segment operating income			270,583				54,139				8,946				333,668
Selling, marketing, administrative and other expenses															(278,518	)
Amortization of intangible assets															(13,161	)
Restructuring costs															(9,335	)
Interest expense, other income, and gains on investments															(1,930	)
Income before income taxes														$	30,724

(1)The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.

(2)Other segment expenses for each reportable segment includes office supplies, maintenance, and certain overhead expenses.

Schedule of Net Long-lived Tangible Assets by Location

Net long-lived tangible assets by location as of December 31, 2024 and 2023 are as follows (in thousands):

		2024				2023
United States		$	30,307			$	48,001
United Kingdom			7,043				8,194
Europe (excluding United Kingdom)			191				186
Asia Pacific			1,207				2,742
Total		$	38,748			$	59,123

Schedule of Revenues by Geographic Destination, Based on Location Products and Services and as a Percentage of Total Revenues

Revenues by geographic destination, based on the location products and services are consumed, and as a percentage of total revenues for the years ended December 31, 2024, 2023, and 2022 are as follows (dollars in thousands):

		2024				2023				2022
United States		$	334,095			$	373,483			$	426,041
Europe (excluding United Kingdom)			37,698				37,912				36,664
United Kingdom			18,934				21,311				20,079
Canada			12,221				16,416				20,759
Asia Pacific			20,778				23,604				26,548
Other			8,744				8,053				7,696
Total		$	432,470			$	480,779			$	537,787

		2024				2023				2022
United States			77	%			78	%			77	%
Europe (excluding United Kingdom)			9				8				9
United Kingdom			4				4				5
Canada			3				3				3
Asia Pacific			5				5				5
Other			2				2				1
Total			100	%			100	%			100	%

X

- Definition

Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area.

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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.

+ References

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-Topic 220
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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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