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Business and Geographic Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

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 from continuing operations before income taxes and equity in net loss of affiliates, as reported in the Consolidated Statements of Operations:

			For the three months ended												For the six months ended
			June 30,												June 30,
			2024						2023						2024						2023
Revenues
Mexico			$	218,582					$	192,135					$	432,663					$	374,098
Peru			280,637						269,997						341,882						339,230
Corporate			26						(65)						72						(6)
Total Revenues			$	499,245					$	462,067					$	774,617					$	713,322
Adjusted EBITDA of reportable segments
Mexico			$	48,204					$	38,197					$	108,120					$	87,143
Peru			150,340						147,169						129,630						140,714
Total Adjusted EBITDA of reportable segments			198,544						185,366						237,750						227,857
Reconciling items:
Corporate			(11,622)						(9,965)						(20,240)						(18,981)
Depreciation and amortization expense			(17,440)						(17,317)						(35,490)						(34,038)
Loss on impairment of assets			—						(1,620)						—						(1,620)
Share-based compensation expense			(2,887)						(1,975)						(4,296)						(3,100)
Operating income			166,595						154,489						177,724						170,118
Interest income			2,004						1,951						3,915						4,109
Interest expense			(5,129)						(6,137)						(9,790)						(12,089)
Other income (expense), net			108						(129)						(440)						132
Foreign currency gain (loss), net			27,451						(32,357)						21,844						(61,309)
Gain (loss) on disposal of subsidiaries, net			—						1						(3,086)						307
Income from continuing operations before income taxes and equity in net loss of affiliates			$	191,029					$	117,818					$	190,167					$	101,268

Schedule of long-lived assets by geographic areas

			June 30, 2024						December 31, 2023
Assets
Mexico			$	1,314,169					$	1,396,605
Peru			574,737						559,428
Corporate			172,908						169,583
Total assets			$	2,061,814					$	2,125,616

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

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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

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-Name Accounting Standards Codification
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-Paragraph 30
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