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Segment Information (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment
The following tables present operating information about the Company’s reportable segments for the periods indicated (in thousands). The segment results for the three and six months ended June 30, 2017 include the results of CEB beginning on the acquisition date:
Three Months Ended June 30, 2017
Research
 
Consulting
 
Events
 
Talent Assessment & Other
 
Consolidated
Revenues
$
613,732

 
$
91,693

 
$
91,205

 
$
47,101

 
$
843,731

Gross contribution
400,571

 
31,433

 
49,735

 
17,297

 
499,036

Corporate and other expenses
 

 
 

 
 

 
 
 
(597,424
)
Operating (loss) income
 

 
 

 
 

 
 
 
$
(98,388
)
Three Months Ended June 30, 2016
Research
 
Consulting
 
Events
 
Talent Assessment & Other
 
Consolidated
Revenues (1)
$
456,690

 
$
86,548

 
$
66,760

 
$

 
$
609,998

Gross contribution (1)
318,621

 
28,341

 
36,062

 

 
383,024

Corporate and other expenses
 

 
 

 
 

 
 
 
(299,725
)
Operating income
 

 
 

 
 

 
 
 
$
83,299


Six Months Ended June 30, 2017
Research
 
Consulting
 
Events
 
Talent Assessment & Other
 
Consolidated
Revenues
$
1,125,038

 
$
170,287

 
$
126,474

 
$
47,101

 
$
1,468,900

Gross contribution
751,684

 
55,370

 
63,302

 
17,297

 
887,653

Corporate and other expenses
 

 
 

 
 

 
 
 
(932,527
)
Operating (loss) income
 

 
 

 
 

 
 
 
$
(44,874
)


Six Months Ended June 30, 2016
Research
 
Consulting
 
Events
 
Talent Assessment & Other
 
Consolidated
Revenues (1)
$
904,280

 
$
164,169

 
$
98,815

 
$

 
$
1,167,264

Gross contribution (1)
631,630

 
52,895

 
49,045

 

 
733,570

Corporate and other expenses
 

 
 

 
 

 
 
 
(585,842
)
Operating income
 

 
 

 
 

 
 
 
$
147,728


(1) Effective June 30, 2017, the Company is reporting the results of its SAS business in Research whereas previously the SAS business was reported with Consulting. As a result, revenues of $7.5 million and $14.8 million pertaining to the three and six months ended June 30, 2016, respectively, were reclassified from Consulting to Research to be comparable with the current year presentation. Gross contribution of $4.9 million and $9.8 million for the three and six months ended June 30, 2016, respectively, was also reclassified from Consulting to Research.

Schedule of reconciliation of segment gross contribution to net income (loss)
The following table provides a reconciliation of total segment gross contribution to net (loss) income for the periods indicated (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2017
 
2016
 
2017
 
2016
Total segment gross contribution
$
499,036

 
$
383,024

 
$
887,653

 
$
733,570

Costs and expenses:
 
 
 
 
 
 
 
Cost of services and product development - unallocated (1)
7,309

 
4,448

 
8,366

 
9,769

Selling, general and administrative
408,226

 
272,009

 
712,470

 
529,420

Depreciation and amortization
83,557

 
15,235

 
100,087

 
30,252

Acquisition and integration charges
98,332

 
8,033

 
111,604

 
16,401

Operating (loss) income
(98,388
)
 
83,299

 
(44,874
)
 
147,728

Interest expense and other, net
44,363

 
6,108

 
49,380

 
10,230

(Benefit) provision for income taxes
(50,470
)
 
25,565

 
(38,406
)
 
40,884

Net (loss) income
$
(92,281
)
 
$
51,626

 
$
(55,848
)
 
$
96,614

 
(1)
The unallocated amounts consist of certain bonus and related fringe costs recorded in Consolidated cost of services and product development expense that are not allocated to segment expense. The Company's policy is to only allocate bonus and related fringe charges to segments for up to 100% of the segment employee's target bonus. Amounts above 100% are absorbed by corporate.