XML 42 R29.htm IDEA: XBRL DOCUMENT v3.22.4
SEGMENT REPORTING
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
We report selected information about our reportable operating segments in a manner consistent with that used for internal management reporting. We classify our solid waste operations on a geographic basis through regional operating segments, our Western and Eastern regions. Revenues associated with our solid waste operations are derived mainly from solid waste collection and disposal services, including landfill, transfer station and transportation services, landfill gas-to-energy services, and processing services in the northeastern United States. Our Resource Solutions operating segment, which includes our larger-scale recycling and commodity brokerage operations along with our organics services and large scale commercial and industrial services, leverages our core competencies in materials processing, industrial recycling, organics and resource management service offerings to deliver a comprehensive solution for our larger commercial, municipal, institutional and industrial customers that have more diverse waste and recycling needs. Revenues associated with our Resource Solutions operations are derived from two lines-of-service: processing services and our Customer Solutions business. Revenues from processing services are derived from customers in the form of processing fees, tipping fees, commodity sales, and organic material sales. Revenues from our Customer Solutions business are derived from brokerage services and overall resource management services providing a wide range of environmental services and resource management solutions to large and complex organizations, as well as traditional collection, disposal and recycling services provided to large account multi-site customers. Legal, tax, information technology, human resources, certain finance and accounting and other administrative functions are included in our Corporate Entities segment, which is not a reportable operating segment. Corporate Entities results reflect those costs not allocated to our reportable operating segments.
Fiscal Year Ended December 31, 2022
SegmentOutside
revenues
Inter-company
revenue
Depreciation and
amortization
Operating income (loss)Interest
expense, net
Capital
expenditures
GoodwillTotal assets
Eastern$340,058 $83,201 $47,673 $16,559 $565 $38,501 $52,406 $372,895 
Western445,153 151,016 64,116 65,453 508 65,190 183,286 737,658 
Resource Solutions299,878 5,734 12,082 15,862 146 15,172 38,766 191,118 
Corporate Entities— — 2,480 (2,480)21,794 12,097 — 147,544 
Eliminations— (239,951)— — — — — — 
$1,085,089 $— $126,351 $95,394 $23,013 $130,960 $274,458 $1,449,215 
Fiscal Year Ended December 31, 2021
SegmentOutside
revenues
Inter-company
revenue
Depreciation and
amortization
Operating income (loss)Interest
expense, net
Capital
expenditures
GoodwillTotal assets
Eastern$264,569 $66,126 $33,572 $12,937 $456 $31,489 $52,072 $357,446 
Western389,520 132,914 61,055 49,035 159 72,892 163,728 688,826 
Resource Solutions235,122 3,258 7,060 17,591 168 12,094 17,060 127,304 
Corporate Entities— — 1,903 (1,903)20,144 6,820 — 110,004 
Eliminations— (202,298)— — — — — — 
$889,211 $— $103,590 $77,660 $20,927 $123,295 $232,860 $1,283,580 
Fiscal Year Ended December 31, 2020
SegmentOutside
revenues
Inter-company
revenue
Depreciation and
amortization
Operating income (loss)Interest
expense, net
Capital
expenditures
GoodwillTotal assets
Eastern$220,285 $53,102 $25,669 $11,635 $275 $29,292 $30,873 $223,492 
Western357,989 116,658 56,457 42,688 141 71,989 149,984 642,003 
Resource Solutions196,310 10,675 6,279 7,357 201 2,477 14,044 88,512 
Corporate Entities— — 2,377 (2,383)21,451 4,350 — 239,891 
Eliminations— (180,435)— — — — — — 
$774,584 $— $90,782 $59,297 $22,068 $108,108 $194,901 $1,193,898 
Amount of our total revenue attributable to services provided are as follows:
 Fiscal Year Ended
December 31,
 202220212020
Collection$539,587 49.7 %$442,685 49.8 %$391,438 50.5 %
Disposal227,971 21.0 %196,985 22.2 %175,546 22.7 %
Power generation7,519 0.7 %5,138 0.6 %4,072 0.5 %
Processing10,134 1.0 %9,281 1.0 %7,218 1.0 %
Solid waste operations785,211 72.4 %654,089 73.6 %578,274 74.7 %
Processing119,045 10.9 %93,323 10.5 %62,539 8.0 %
Customer Solutions
180,833 16.7 %141,799 15.9 %133,771 17.3 %
Resource Solutions operations299,878 27.6 %235,122 26.4 %196,310 25.3 %
Total revenues$1,085,089 100.0 %$889,211 100.0 %$774,584 100.0 %