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SEGMENT INFORMATION (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Reconciliation of Revenue from Segments to Consolidated | The following presents a reconciliation to the Company’s net income (loss) as reported in the Condensed Consolidated Statements of Operations and includes segment revenues, significant segment expenses that are regularly provided to or easily computed from information regularly provided to the CODM, other segment expenses, and adjustments to reconcile to net income (loss).
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Total segment revenue |  | $ | 1,287,035 |  |  | $ | 1,204,559 |  |  | $ | 2,554,526 |  |  | $ | 2,394,231 |
Less significant segment expenses: |  |  |  |  |  |  |  |
Customer service costs(1) |  | 109,094 |  |  | 102,807 |  |  | 215,484 |  |  | 206,033 |
Maintenance costs(1) |  | 52,834 |  |  | 48,385 |  |  | 104,294 |  |  | 99,872 |
Security installation, product, and other costs |  | 88,258 |  |  | 45,042 |  |  | 170,530 |  |  | 84,634 |
Selling costs, including commissions(2) |  | 45,038 |  |  | 47,359 |  |  | 91,162 |  |  | 99,175 |
Amortization of deferred subscriber acquisition costs(2) |  | 62,149 |  |  | 54,730 |  |  | 122,507 |  |  | 109,335 |
Advertising costs(2) |  | 21,674 |  |  | 27,385 |  |  | 40,188 |  |  | 51,883 |
Provision for credit losses(2) |  | 48,841 |  |  | 50,226 |  |  | 99,320 |  |  | 83,970 |
Other general and administrative costs(2) |  | 162,384 |  |  | 183,563 |  |  | 329,923 |  |  | 365,338 |
Share-based compensation(2) |  | 11,649 |  |  | 21,284 |  |  | 32,170 |  |  | 29,359 |
Depreciation and intangible asset amortization |  | 338,734 |  |  | 333,859 |  |  | 678,251 |  |  | 666,861 |
Interest expense |  | 117,874 |  |  | 111,537 |  |  | 241,044 |  |  | 203,136 |
Income tax expense (benefit) |  | 58,749 |  |  | 59,840 |  |  | 109,781 |  |  | 116,270 |
Total significant segment expenses |  | 1,117,278 |  |  | 1,086,017 |  |  | 2,234,654 |  |  | 2,115,866 |
Less other segment items(3): |  |  |  |  |  |  |  |
Other items in SG&A(2) |  | 4,403 |  |  | 5,744 |  |  | 9,468 |  |  | 21,447 |
Other, net |  | (2,879) |  |  | (13,387) |  |  | (306) |  |  | (33,158) |
Total other segment items |  | 1,524 |  |  | (7,643) |  |  | 9,162 |  |  | (11,711) |
Reconciliation of profit or loss: |  |  |  |  |  |  |  |
(Income) loss from discontinued operations, net of tax(4) |  | 3,054 |  |  | 33,791 |  |  | 5,285 |  |  | 106,131 |
Net income (loss) |  | $ | 165,179 |  |  | $ | 92,394 |  |  | $ | 305,425 |  |  | $ | 183,945 |
________________ (1)Included in monitoring and related services cost of revenue in the Condensed Consolidated Statements of Operations. (2)Included in SG&A in the Condensed Consolidated Statements of Operations. (3)Other segment items generally include other income and expenses, interest income, as well as certain other items included in SG&A that are not considered significant segment expenses. Interest income is not material for the periods presented. (4)Represents activity related to the Commercial and Solar Businesses (as applicable during the periods), which are presented as discontinued operations.

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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