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Operating Expenses | 3 Months Ended
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Mar. 31, 2023
Operating Expenses |
Operating Expenses | 8. Operating Expenses ​ Acquisition-related and Integration Costs ​ Acquisition-related and integration costs consist of operating expenses incurred in connection with business combinations, such as due diligence, advisory, legal, integration, severance, acceleration of share-based payments expense and share-based continuing employment costs. ​ The following is a summary of our acquisition-related and integration costs: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended
​ | ​ | March 31,
​ |  | 2023 |  | 2022
IAA | ​ | ​ | ​ | ​ | ​ | ​
Financing | ​ | $ | 30.0 | ​ | $ | —
Severance | ​ | ​ | 14.0 | ​ | ​ | —
Integration | ​ | ​ | 5.1 | ​ | ​ | —
Acceleration of share-based payments expense | ​ | ​ | 5.0 | ​ | ​ | —
Legal | ​ | ​ | 9.5 | ​ | ​ | —
Investment banking, consulting and other acquisition-related costs | ​ | ​ | 61.6 | ​ | ​ | —
​ | ​ | ​ | 125.2 | ​ | ​ | —
​ | ​ | ​ | ​ | ​ | ​ | ​
SmartEquip | ​ | ​ | 0.3 | ​ | ​ | 1.2
Euro Auctions | ​ | ​ | — | ​ | ​ | 6.6
Rouse | ​ | ​ | 0.5 | ​ | ​ | 1.8
VeriTread | ​ | ​ | 0.2 | ​ | ​ | —
Total acquisition-related and integration costs | ​ | $ | 126.2 | ​ | $ | 9.6
​ Depreciation and Amortization ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended
​ | ​ | March 31,
​ |  | 2023 |  | 2022
Depreciation | ​ | $ | 11.5 | ​ | $ | 7.7
Amortization | ​ |  | 24.7 | ​ |  | 16.5
​ | ​ | $ | 36.2 | ​ | $ | 24.2
​

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