XML 72 R43.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Segment Reporting [Abstract] |
Schedule of Segment Information | The following discloses the significant segment expenses, in the context of deriving net income, that are regularly provided to and reviewed by the CODM reconciled to the segment’s net income:
At December 31, |  | 2024 |  | 2023 |  | 2022
Revenue |  | $ | 4,284.2 |  |  | $ | 3,679.6 |  |  | $ | 1,733.8 |
Significant segment expenses |  |  |  |  |  |
Costs of services |  | 1,415.7 |  |  | 1,007.6 |  |  | 168.1 |
Cost of inventory sold |  | 863.8 |  |  | 893.6 |  |  | 608.6 |
Selling, general and administrative |  | 773.9 |  |  | 743.7 |  |  | 539.9 |
Acquisition-related and integration costs |  | 29.0 |  |  | 216.1 |  |  | 37.3 |
Depreciation and amortization |  | 444.4 |  |  | 352.2 |  |  | 97.2 |
Interest expense |  | 233.7 |  |  | 213.8 |  |  | 57.9 |
Income tax expense |  | 137.3 |  |  | 76.4 |  |  | 86.2 |
Other segment items |  | (26.4) |  |  | (29.8) |  |  | (181.2) |
Net income |  | $ | 412.8 |  |  | $ | 206.0 |  |  | $ | 319.8 |
Geographic information of revenue | The following tables summarize revenue and property, plant, and equipment by geographic area based on the location of the underlying auction activity or rendering of services and location of the underlying assets:
Year ended December 31, |  | 2024 |  | 2023 |  | 2022
Revenue |  |  |  |  |  |
United States |  | $ | 3,094.1 |  |  | $ | 2,591.6 |  |  | $ | 970.9 |
Canada |  | 640.6 |  |  | 551.5 |  |  | 375.7 |
Europe |  | 333.0 |  |  | 321.8 |  |  | 143.2 |
Australia |  | 137.2 |  |  | 136.7 |  |  | 181.3 |
Other |  | 79.3 |  |  | 78.0 |  |  | 62.7 |
|  | $ | 4,284.2 |  |  | $ | 3,679.6 |  |  | $ | 1,733.8 |
Geographic information of long-lived assets |
At December 31, |  | 2024 |  | 2023 |  | 2022
Property, plant, and equipment |  |  |  |  |  |
United States |  | $ | 947.7 |  |  | $ | 884.9 |  |  | $ | 241.9 |
Canada |  | 176.4 |  |  | 155.0 |  |  | 87.3 |
Europe |  | 113.0 |  |  | 117.5 |  |  | 86.7 |
Australia |  | 18.2 |  |  | 20.2 |  |  | 20.0 |
Other |  | 20.1 |  |  | 23.3 |  |  | 23.2 |
|  | $ | 1,275.4 |  |  | $ | 1,200.9 |  |  | $ | 459.1 |

X
- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration