Interim Consolidated Financial Statements (Tables)

3 Months Ended

Mar. 31, 2018

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 months ended March 31, 2018 (in thousands):

Consolidated Balance Sheet
	As of March 31, 2018
			Amounts as
			if Previous
			Guidance in
	As Reported		Effect
Accounts receivable, net	$	62,154	$	67,826
Deferred commissions		14,722		13,791
Prepaid expenses and other current assets		18,641		23,427
Total current assets		231,848		241,375
Other assets		6,942		6,380
Total assets		340,736		349,702

Deferred revenue	$	155,425	$	166,669
Total current liabilities		191,038		202,282
Total liabilities		199,441		210,685
Retained earnings		121,495		119,217
Total stockholders’ equity		141,295		139,017
Total liabilities and stockholders’ equity		340,736		349,702

Consolidated Statement of Income (Loss)
	Three Months Ended March 31, 2018
				Amounts as
				if Previous
				Guidance in
	As Reported			Effect
Revenues:
Research services	$	51,700		$	53,387
Advisory services and events		26,049			26,618
Total revenues		77,749			80,005
Operating expenses:
Cost of services and fulfillment		34,105			34,090
Selling and marketing		33,011			33,073
Total operating expenses		80,037			80,084
Income from operations		(2,288	)		(79	)
Income before income taxes		(2,431	)		(222	)
Income tax provision		(698	)		(13	)
Net loss		(1,733	)		(209	)
Basic loss per common share	$	(0.10	)	$	(0.01	)
Diluted loss per common share	$	(0.10	)	$	(0.01	)

Consolidated Statement of Comprehensive Income (Loss)
	Three Months Ended March 31, 2018
				Amounts as
				if Previous
				Guidance in
	As Reported			Effect
Net loss	$	(1,733	)	$	(209	)
Comprehensive income (loss)		(145	)		1,379

Consolidated Statement of Cash Flows
	Three Months Ended March 31, 2018
				Amounts as
				if Previous
				Guidance in
	As Reported			Effect
Cash flows from operating activities:
Net income	$	(1,733	)	$	(209	)
Accounts receivable		7,921			2,249
Deferred commissions		(122	)		(75	)
Prepaid expenses and other current assets		(5,454	)		(4,769	)
Deferred revenue		17,275			20,691