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Segment Information | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Segment Information | 5. Segment Information The Company has one operating and reportable segment which reflects the manner in which the Company’s Chief Operating Decision Maker (“CODM”), its Chief Executive Officer, reviews and assesses the performance of the business and allocates resources. The information used by the CODM to assess performance and allocate resources includes various measures of segment profit, however, for the purposes of the disclosures required by ASC 280, Segment Reporting and ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, the Company has determined that the measure most consistent with the measurement principles used in measuring the corresponding amounts in the consolidated financial statements is net income. Consolidated financial information is used to monitor forecast versus actual results in order to make key operating decisions. The CODM does not evaluate the performance of the Company or allocate resources at any level below the consolidated level or based on the Company's assets or liabilities. 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 |
Other segment items consists of gain on disposition of property, plant and equipment, change in fair value of derivatives, net, interest income, and foreign exchange (loss) gain, as reported on the consolidated income statements. 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 |
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 |
The geographic composition of operating lease right-of-use assets is similar to that of property, plant, and equipment.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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