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Segment Information (Tables)
6 Months Ended
Jun. 30, 2011
Information about the Reportable Segments

The following tables present information about the Company’s reportable segments (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2011:

 

Research

 

Consulting

 

Events

 

Consolidated

 

 

 


 


 


 


 

Revenues

 

$

250,015

 

$

77,962

 

$

37,566

 

$

365,543

 

Gross contribution

 

 

168,304

 

 

28,873

 

 

17,315

 

 

214,492

 

Corporate and other expenses

 

 

 

 

 

 

 

 

 

 

 

(162,924

)

 

 

 

 

 

 

 

 

 

 

 



 

Operating income

 

 

 

 

 

 

 

 

 

 

 

51,568

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

(2,797

)

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

(571

)

 

 

 

 

 

 

 

 

 

 

 



 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

48,200

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2010:

 

Research

 

Consulting

 

Events

 

Consolidated

 

 

 


 


 


 


 

Revenues

 

$

209,095

 

$

75,760

 

$

29,340

 

$

314,195

 

Gross contribution

 

 

135,970

 

 

31,819

 

 

11,499

 

 

179,288

 

Corporate and other expenses

 

 

 

 

 

 

 

 

 

 

 

(145,058

)

 

 

 

 

 

 

 

 

 

 

 



 

Operating income

 

 

 

 

 

 

 

 

 

 

 

34,230

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

(3,180

)

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

(643

)

 

 

 

 

 

 

 

 

 

 

 



 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

30,407

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2011:

 

Research

 

Consulting

 

Events

 

Consolidated

 

 

 


 


 


 


 

Revenues

 

$

493,450

 

$

148,592

 

$

53,068

 

$

695,110

 

Gross contribution

 

 

332,805

 

 

54,362

 

 

22,980

 

 

410,147

 

Corporate and other expenses

 

 

 

 

 

 

 

 

 

 

 

(312,798

)

 

 

 

 

 

 

 

 

 

 

 



 

Operating income

 

 

 

 

 

 

 

 

 

 

 

97,349

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

(5,581

)

Other expense, net

 

 

 

 

 

 

 

 

 

 

 

(953

)

 

 

 

 

 

 

 

 

 

 

 



 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

90,815

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2010:

 

Research

 

Consulting

 

Events

 

Consolidated

 

 

 


 


 


 


 

Revenues

 

$

419,768

 

$

147,399

 

$

42,861

 

$

610,028

 

Gross contribution

 

 

274,706

 

 

60,241

 

 

16,714

 

 

351,661

 

Corporate and other expenses

 

 

 

 

 

 

 

 

 

 

 

(288,233

)

 

 

 

 

 

 

 

 

 

 

 



 

Operating income

 

 

 

 

 

 

 

 

 

 

 

63,428

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

(6,564

)

Other income, net

 

 

 

 

 

 

 

 

 

 

 

1,109

 

 

 

 

 

 

 

 

 

 

 

 



 

Income before income taxes

 

 

 

 

 

 

 

 

 

 

$

57,973