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Business and Geographic Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Financial Information | The following table presents a reconciliation of Adjusted EBITDA of our reportable segments to Loss from continuing operations before income taxes and equity in net income (loss) of affiliates, as reported in the Consolidated Statements of Operations:
For the three months ended March 31, |  |  |  |  | 2025 |  | 2024
Adjusted EBITDA of reportable segments: |  |  |  |  |  |  |
Mexico |  |  |  |  | $ | 52,959 |  |  | $ | 59,916 |
Peru |  |  |  |  | (38,842) |  |  | (20,710) |
Total Adjusted EBITDA of reportable segments |  |  |  |  | 14,117 |  |  | 39,206 |
Reconciling items: |  |  |  |  |  |  |
Corporate |  |  |  |  | (8,767) |  |  | (8,618) |
Depreciation and amortization expense |  |  |  |  | (16,078) |  |  | (18,050) |
Share-based compensation expense |  |  |  |  | (2,463) |  |  | (1,409) |
Operating (loss) income |  |  |  |  | (13,191) |  |  | 11,129 |
Interest income |  |  |  |  | 1,519 |  |  | 1,911 |
Interest expense |  |  |  |  | (2,366) |  |  | (4,661) |
Other expense, net |  |  |  |  | (15) |  |  | (548) |
Foreign currency loss, net |  |  |  |  | (3,199) |  |  | (5,607) |
Loss on disposal of subsidiaries, net |  |  |  |  | — |  |  | (3,086) |
Loss from continuing operations before income taxes and equity in net income (loss) of affiliates |  |  |  |  | $ | (17,252) |  |  | $ | (862) |
The following table presents significant segment expenses of our reportable segments:
For the three months ended March 31, |  |  |  |  | 2025 |  | 2024
Mexico |  |  |  |  |  |  |
Revenues |  |  |  |  | $ | 189,255 |  |  | $ | 214,080 |
Less: |  |  |  |  |  |  |
Labor costs |  |  |  |  | 64,429 |  |  | 71,368 |
Lease and other facilities costs |  |  |  |  | 23,091 |  |  | 31,819 |
Advertising costs |  |  |  |  | 12,678 |  |  | 13,441 |
Other costs (1) |  |  |  |  | 36,098 |  |  | 37,536 |
Adjusted EBITDA |  |  |  |  | $ | 52,959 |  |  | $ | 59,916 |
Peru |  |  |  |  |  |  |
Revenues |  |  |  |  | $ | 46,856 |  |  | $ | 61,245 |
Less: |  |  |  |  |  |  |
Labor costs |  |  |  |  | 48,450 |  |  | 46,108 |
Lease and other facilities costs |  |  |  |  | 7,374 |  |  | 7,758 |
Advertising costs |  |  |  |  | 9,961 |  |  | 7,512 |
Other costs (1) |  |  |  |  | 19,913 |  |  | 20,577 |
Adjusted EBITDA |  |  |  |  | $ | (38,842) |  |  | $ | (20,710) |
(1) Other costs for each reportable segment include: professional services expense, technology expense, bad debt and other direct costs. The following table presents other financial information of our reportable segments:
For the three months ended March 31, |  |  |  |  | 2025 |  | 2024
Mexico |  |  |  |  |  |  |
Depreciation and amortization expense |  |  |  |  | $ | 9,300 |  |  | $ | 10,990 |
Expenditures for long-lived assets |  |  |  |  | $ | 2,580 |  |  | $ | 3,419 |
Peru |  |  |  |  |  |  |
Depreciation and amortization expense |  |  |  |  | $ | 6,600 |  |  | $ | 6,782 |
Expenditures for long-lived assets |  |  |  |  | $ | 2,032 |  |  | $ | 12,465 |
Schedule of Revenue From Customers by Geographical Area | The following table presents the total assets of our reportable segments:
| March 31, 2025 |  | December 31, 2024
Assets |  |  |
Mexico | $ | 1,140,641 |  |  | $ | 1,143,053 |
Peru | 557,242 |  |  | 567,310 |
Corporate | 160,322 |  |  | 151,697 |
Total assets | $ | 1,858,205 |  |  | $ | 1,862,060 |

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- 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 + Details
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- 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 -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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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