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Operating Segments (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Schedule of Information about Reportable Segments

 

 

 

 

 

 

 

 

 

 

 

Project

 

 

 

 

 

 

 

Products

 

 

Research

 

 

Consulting

 

 

Consolidated

 

Three Months Ended September 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research services revenues

 

$

52,205

 

 

$

 

 

$

 

 

$

52,205

 

Advisory services and events revenues

 

 

2,041

 

 

 

9,804

 

 

 

10,703

 

 

 

22,548

 

Total segment revenues

 

 

54,246

 

 

 

9,804

 

 

 

10,703

 

 

 

74,753

 

Segment expenses

 

 

7,918

 

 

 

12,711

 

 

 

6,811

 

 

 

27,440

 

Contribution margin (loss)

 

 

46,328

 

 

 

(2,907

)

 

 

3,892

 

 

 

47,313

 

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(40,820

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(224

)

Reorganization (costs) credits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(928

)

Other income and gains (losses) on investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

404

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

5,745

 

 

 

 

 

 

 

 

 

 

 

 

Project

 

 

 

 

 

 

 

Products

 

 

Research

 

 

Consulting

 

 

Consolidated

 

Three Months Ended September 30, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research services revenues

 

$

50,622

 

 

$

 

 

$

 

 

$

50,622

 

Advisory services and events revenues

 

 

2,310

 

 

 

10,925

 

 

 

11,506

 

 

 

24,741

 

Total segment revenues

 

 

52,932

 

 

 

10,925

 

 

 

11,506

 

 

 

75,363

 

Segment expenses

 

 

8,298

 

 

 

13,012

 

 

 

7,590

 

 

 

28,900

 

Contribution margin (loss)

 

 

44,634

 

 

 

(2,087

)

 

 

3,916

 

 

 

46,463

 

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(41,079

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(530

)

Reorganization (costs) credits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

71

 

Other income and gains (losses) on investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

127

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

5,052

 

 

 

 

 

 

 

 

 

 

 

 

Project

 

 

 

 

 

 

 

Products

 

 

Research

 

 

Consulting

 

 

Consolidated

 

Nine Months Ended September 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research services revenues

 

$

156,667

 

 

$

 

 

$

 

 

$

156,667

 

Advisory services and events revenues

 

 

12,763

 

 

 

31,454

 

 

 

31,867

 

 

 

76,084

 

Total segment revenues

 

 

169,430

 

 

 

31,454

 

 

 

31,867

 

 

 

232,751

 

Segment expenses

 

 

27,799

 

 

 

38,467

 

 

 

20,544

 

 

 

86,810

 

Contribution margin (loss)

 

 

141,631

 

 

 

(7,013

)

 

 

11,323

 

 

 

145,941

 

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(126,120

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(669

)

Reorganization (costs) credits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4,433

)

Other income and gains (losses) on investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

578

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

15,297

 

 

 

 

 

 

 

 

 

 

 

 

Project

 

 

 

 

 

 

 

Products

 

 

Research

 

 

Consulting

 

 

Consolidated

 

Nine Months Ended September 30, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Research services revenues

 

$

153,737

 

 

$

 

 

$

 

 

$

153,737

 

Advisory services and events revenues

 

 

15,161

 

 

 

37,573

 

 

 

24,910

 

 

 

77,644

 

Total segment revenues

 

 

168,898

 

 

 

37,573

 

 

 

24,910

 

 

 

231,381

 

Segment expenses

 

 

28,543

 

 

 

40,386

 

 

 

19,705

 

 

 

88,634

 

Contribution margin (loss)

 

 

140,355

 

 

 

(2,813

)

 

 

5,205

 

 

 

142,747

 

Selling, marketing, administrative and other expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(127,300

)

Amortization of intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,605

)

Reorganization (costs) credits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,817

)

Other income and gains (losses) on investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

222

 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

12,247