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Table of Contents

BLACK KNIGHT, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)

Summarized financial information concerning our segments is shown in the tables below (in millions):

Year ended December 31, 2019
Software
Solutions
Data and
Analytics
Corporate
and Other
Total
Revenues $ 1,012.3 $ 165.4 $ (0.5) (1) $ 1,177.2
Expenses:
Operating expenses 412.7 123.4 109.9 (2) 646.0
Transition and integration costs 5.4 (3) 5.4
EBITDA 599.6 42.0 (115.8) 525.8
Depreciation and amortization 123.9 15.9 96.4 (4) 236.2
Operating income (loss) 475.7 26.1 (212.2) 289.6
Interest expense, net (63.5)
Other expense, net (1.4)
Earnings before income taxes and equity in losses of
unconsolidated affiliates
224.7
Income tax expense 41.9
Earnings before equity in losses of unconsolidated affiliates 182.8
Equity in losses of unconsolidated affiliates, net of tax (74.0)
Net earnings $ 108.8
Balance sheet data:
Total assets $ 3,242.8 $ 316.9 $ 403.1 $ 3,962.8
Goodwill $ 2,189.3 $ 172.1 $ — $ 2,361.4
Year ended December 31, 2018
Software
Solutions
Data and
Analytics
Corporate
and Other
Total
Revenues $ 962.0 $ 154.5 $ (2.5) (1) $ 1,114.0
Expenses:
Operating expenses 394.8 115.0 115.6 (2) 625.4
Transition and integration costs 6.6 (5) 6.6
EBITDA 567.2 39.5 (124.7) 482.0
Depreciation and amortization 112.9 14.1 90.0 (4) 217.0
Operating income (loss) 454.3 25.4 (214.7) 265.0
Interest expense, net (51.7)
Other expense, net (7.1)
Earnings before income taxes 206.2
Income tax expense 37.7
Net earnings $ 168.5
Balance sheet data:
Total assets $ 3,227.8 $ 310.2 $ 115.4 (6) $ 3,653.4
Goodwill $ 2,157.6 $ 172.1 $ — $ 2,329.7

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