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SEGMENT REPORTING
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Segment Information
The Company manages its business geographically in two operating segments, with the primary areas of measurement and decision-making being North America, which includes the U.S. and Canada, and International, which primarily includes Europe, Asia-Pacific and Latin America. Management relies on an internal management reporting process that provides revenue and operating segment EBITDA. Management believes that operating segment EBITDA is an appropriate measure for evaluating the operational performance of the Company’s operating segments. EBITDA is used by management to internally measure operating and management performance and to evaluate the performance of the business. However, this measure should be considered in addition to, not as a substitute for or superior to, income from operations or other measures of financial performance prepared in accordance with GAAP.
Summarized EBITDA information by operating segment consists of the following (in millions):
 Year Ended December 31,
 202320222021
North America$403.0 $577.3 $557.1 
International(13.2)5.4 7.9 
Total EBITDA$389.8 $582.7 $565.0 
The reconciliation of net income to EBITDA consists of the following (in millions):
Year Ended December 31,
202320222021
Net income$374.7 $369.5 $292.6 
Amortization of acquired intangible assets in cost of revenues31.5 29.0 28.8 
Amortization of acquired intangible assets in operating expenses42.2 73.6 74.8 
Depreciation and other amortization33.8 29.1 29.1 
Interest (income) expense, net(213.6)(32.1)31.6 
Other (income), net
(5.4)(3.4)(3.3)
Income tax expense126.6 117.0 111.4 
EBITDA$389.8 $582.7 $565.0 
Summarized information by operating segment consists of the following (in millions):
 December 31,
 20232022
Property and equipment, net  
North America$465.7 $320.3 
International6.5 1.0 
Total property and equipment, net$472.2 $321.3 
Goodwill  
North America$2,149.2 $2,149.2 
International237.0 165.6 
Total goodwill$2,386.2 $2,314.8 
Assets  
North America$8,505.5 $8,146.3 
International414.2 256.2 
Total assets$8,919.7 $8,402.5 
Liabilities  
North America$1,499.7 $1,486.3 
International81.4 46.2 
Total liabilities$1,581.1 $1,532.5