SEGMENT AND RELATED INFORMATION (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of segment revenues and operations

As of January 1, 2021, certain administrative costs related to information technology, which were previously allocated and reported in the ES and A&T segments, were moved to the Corporate segment to reflect changes in the way in which management makes operating decisions, allocates resources, and manages the growth and profitability of the Company. Prior year amounts for all segments have been adjusted to reflect the segment change.


For the year ended December 31, 2021	Enterprise Software		Appraisal and Tax		NIC		Corporate		Totals
Revenues
Software licenses and royalties	$	68,101	$	6,351	$	—	$	—	$	74,452
Subscriptions	406,494		33,249		344,692		—		784,435
Software services	167,065		18,661		23,665		—		209,391
Maintenance	438,726		35,001		560		—		474,287
Appraisal services	—		27,788		—		—		27,788
Hardware and other	18,766		141		—		3,027		21,934
Intercompany	22,921		67		—		(22,988)		—
Total revenues	$	1,122,073	$	121,258	$	368,917	$	(19,961)	$	1,592,287
Depreciation and amortization expense	69,728		1,491		38,851		25,554		135,624
Segment operating income	377,984		33,524		82,305		(222,628)		271,185
Capitalized software expenditures	9,041		—		6,796		5,856		21,693
Capital expenditures	19,520		988		3,165		10,246		33,919
Segment assets	$	965,966	$	230,177	$	303,146	$	3,232,872	$	4,732,161


For the year ended December 31, 2020	Enterprise Software		Appraisal and Tax		NIC		Corporate		Totals
Revenues
Software licenses and royalties	$	64,200	$	8,964	$	—	$	—	$	73,164
Subscriptions	326,284		24,364		—		—		350,648
Software services	164,520		21,889		—		—		186,409
Maintenance	429,224		38,289		—		—		467,513
Appraisal services	—		21,127		—		—		21,127
Hardware and other	17,670		121		—		11		17,802
Intercompany	19,061		70		—		(19,131)		—
Total revenues	$	1,020,959	$	114,824	$	—	$	(19,120)	$	1,116,663
Depreciation and amortization expense	67,411		1,055		—		13,191		81,657
Segment operating income	337,627		33,875		—		(144,952)		226,550
Capitalized software expenditures	5,776		—		—		—		5,776
Capital expenditures	11,099		3,823		—		6,826		21,748
Segment assets	$	847,672	$	94,149	—		$	1,665,453	$	2,607,274


For the year ended December 31, 2019	Enterprise Software		Appraisal and Tax		NIC		Corporate		Totals
Revenues
Software licenses and royalties	$	90,808	$	9,397	$	—	$	—	$	100,205
Subscriptions	279,282		17,070		—		—		296,352
Software services	179,865		33,196		—		—		213,061
Maintenance	393,521		36,797		—		—		430,318
Appraisal services	—		23,479		—		—		23,479
Hardware and other	16,553		203		—		6,256		23,012
Intercompany	15,290		206		—		(15,496)		—
Total revenues	$	975,319	$	120,348	$	—	$	(9,240)	$	1,086,427
Depreciation and amortization expense	64,245		970		—		11,457		76,672
Segment operating income	298,305		33,730		—		(123,581)		208,454
Capitalized software expenditures	4,804		—		—		—		4,804
Capital expenditures	19,283		8,436		—		10,379		38,098
Segment assets	$	833,203	$	91,343	—		$	1,267,068	$	2,191,614

Reconciliation of operating income from segments to consolidated


Reconciliation of reportable segment operating	Years Ended December 31,
income to the Company's consolidated totals:	2021		2020		2019
Total segment operating income	$	271,185	$	226,550	$	208,454
Amortization of acquired software	(45,601)		(31,962)		(30,642)
Amortization of customer and trade name intangibles	(44,849)		(21,662)		(21,445)
Interest expense	(23,298)		(1,013)		(2,027)
Other income, net	1,544		3,129		5,498
Income before income taxes	$	158,981	$	175,042	$	159,838