XML 52 R27.htm IDEA: XBRL DOCUMENT
v3.22.2

Business and Geographic Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Segment Reporting [Abstract] |
Schedule of segment financial information | The following tables provide financial information for our reportable segments, including a reconciliation of Adjusted EBITDA to Income (loss) from continuing operations before income taxes and equity in net income of affiliates, as reported in the Consolidated Statements of Operations:
| For the three months ended |  | For the six months ended
| June 30, |  | June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Revenues |  |  |  |  |  |  |
Mexico | $ | 144,659 |  |  | $ | 124,283 |  |  | $ | 287,209 |  |  | $ | 259,680 |
Peru | 239,154 |  |  | 201,660 |  |  | 304,557 |  |  | 259,158 |
Corporate | 1,568 |  |  | 1,636 |  |  | 3,178 |  |  | 3,442 |
Revenues | $ | 385,381 |  |  | $ | 327,579 |  |  | $ | 594,944 |  |  | $ | 522,280 |
Adjusted EBITDA of reportable segments |  |  |  |  |  |  |
Mexico | $ | 19,455 |  |  | $ | 17,187 |  |  | $ | 56,406 |  |  | $ | 34,456 |
Peru | 136,311 |  |  | 113,631 |  |  | 140,140 |  |  | 125,225 |
Total Adjusted EBITDA of reportable segments | 155,766 |  |  | 130,818 |  |  | 196,546 |  |  | 159,681 |
Reconciling items: |  |  |  |  |  |  |
Corporate | (11,671) |  |  | (23,708) |  |  | (25,295) |  |  | (42,911) |
Depreciation and amortization expense | (14,792) |  |  | (26,983) |  |  | (29,158) |  |  | (49,744) |
Loss on impairment of assets | — |  |  | (7,219) |  |  | (144) |  |  | (63,869) |
Share-based compensation expense | (2,360) |  |  | (2,617) |  |  | (5,122) |  |  | (3,951) |
EiP expenses | (302) |  |  | (12,607) |  |  | (1,152) |  |  | (27,913) |
Operating income (loss) | 126,641 |  |  | 57,684 |  |  | 135,675 |  |  | (28,707) |
Interest income | 1,685 |  |  | 477 |  |  | 3,653 |  |  | 1,188 |
Interest expense | (4,164) |  |  | (13,541) |  |  | (7,895) |  |  | (37,059) |
Loss on debt extinguishment | — |  |  | (77,927) |  |  | — |  |  | (77,940) |
Loss on derivatives | — |  |  | (53,847) |  |  | — |  |  | (24,517) |
Other income (expense), net | 246 |  |  | (55) |  |  | (980) |  |  | (21) |
Foreign currency (loss) gain, net | (14,451) |  |  | (15,519) |  |  | (18,052) |  |  | 12,664 |
Gain on disposal of subsidiaries, net | 1,461 |  |  | 27 |  |  | 1,461 |  |  | 27 |
Income (loss) from continuing operations before income taxes and equity in net income of affiliates | $ | 111,418 |  |  | $ | (102,701) |  |  | $ | 113,862 |  |  | $ | (154,365) |
Schedule of long-lived assets by geographic areas |
| June 30, 2022 |  | December 31, 2021
Assets |  |  |
Mexico | $ | 1,185,999 |  |  | $ | 1,251,791 |
Peru | 572,732 |  |  | 598,862 |
Corporate and Discontinued Operations | 343,218 |  |  | 360,657 |
Total assets | $ | 2,101,949 |  |  | $ | 2,211,310 |

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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph b -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + 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 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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + 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