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Operating Expenses | 6 Months Ended
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Jun. 30, 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 | ​ | Six months ended
​ | ​ | June 30, | ​ | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
IAA | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financing | ​ | $ | — | ​ | $ | — | ​ | $ | 30.0 | ​ | $ | —
Severance | ​ | ​ | 8.7 | ​ | ​ | — | ​ | ​ | 22.7 | ​ | ​ | —
Integration | ​ | ​ | 12.0 | ​ | ​ | — | ​ | ​ | 17.1 | ​ | ​ | —
Acceleration of share-based payments expense | ​ | ​ | 0.9 | ​ | ​ | — | ​ | ​ | 5.9 | ​ | ​ | —
Legal | ​ | ​ | 2.6 | ​ | ​ | — | ​ | ​ | 12.1 | ​ | ​ | —
Investment banking, consulting and other acquisition-related costs | ​ | ​ | 2.7 | ​ | ​ | — | ​ | ​ | 64.3 | ​ | ​ | —
Settlement of pre-existing contractual arrangement | ​ | ​ | 16.3 | ​ | ​ | ​ | ​ | ​ | 16.3 | ​ | ​ | ​
​ | ​ | ​ | 43.2 | ​ | ​ | — | ​ | ​ | 168.4 | ​ | ​ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other acquisitions | ​ | ​ | 3.1 | ​ | ​ | 3.4 | ​ | ​ | 4.1 | ​ | ​ | 13.0
Total acquisition-related and integration costs | ​ | $ | 46.3 | ​ | $ | 3.4 | ​ | $ | 172.5 |  | $ | 13.0
​ During the second quarter of 2023, the Company paid $20.0 million to settle a pre-existing contractual arrangement held by IAA prior to the acquisition for the benefit of the combined business. The payment extinguished $3.7 million of related pre-acquisition accrued liabilities recognized on the balance sheet at acquisition and $16.3 million was recognized in acquisition-related and integration costs during the three months ended June 30, 2023. ​ Depreciation and Amortization ​
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​ | ​ | Three months ended | ​ | Six months ended
​ | ​ | June 30, |  | June 30,
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022
Depreciation | ​ | $ | 25.5 | ​ | $ | 7.9 | ​ | $ | 37.0 | ​ | $ | 15.6
Amortization | ​ |  | 84.1 | ​ |  | 16.4 | ​ |  | 108.8 | ​ |  | 32.9
​ | ​ | $ | 109.6 | ​ | $ | 24.3 | ​ | $ | 145.8 | ​ | $ | 48.5
​ ​ ​

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