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Business and Geographic Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Financial Information

The following table presents a reconciliation of Adjusted EBITDA of our reportable segments to Income 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												For the six months ended
			June 30,												June 30,
			2025						2024						2025						2024
Adjusted EBITDA of reportable segments:
Mexico			$	57,417					$	48,204					$	110,376					$	108,120
Peru			167,234						150,340						128,392						129,630
Total Adjusted EBITDA of reportable segments			224,651						198,544						238,768						237,750
Reconciling items:
Corporate			(10,174)						(11,622)						(18,941)						(20,240)
Depreciation and amortization expense			(17,659)						(17,440)						(33,737)						(35,490)
Share-based compensation expense			(3,481)						(2,887)						(5,944)						(4,296)
Operating income			193,337						166,595						180,146						177,724
Interest income			1,369						2,004						2,888						3,915
Interest expense			(3,145)						(5,129)						(5,511)						(9,790)
Other income (expense), net			804						108						789						(440)
Foreign currency (loss) gain, net			(25,576)						27,451						(28,775)						21,844
Loss on disposal of subsidiaries, net			—						—						—						(3,086)
Income from continuing operations before income taxes and equity in net income (loss) of affiliates			$	166,789					$	191,029					$	149,537					$	190,167

The following table presents significant segment expenses of our reportable segments:

			For the three months ended												For the six months ended
			June 30,												June 30,
			2025						2024						2025						2024
Mexico
Revenues			$	217,369					$	218,582					$	406,624					$	432,663
Less:
Labor costs			81,652						86,060						146,081						157,428
Lease and other facilities costs			25,108						29,033						48,199						60,852
Advertising costs			14,371						12,831						27,049						26,272
Other costs (1)			38,821						42,454						74,919						79,991
Adjusted EBITDA			$	57,417					$	48,204					$	110,376					$	108,120
Peru
Revenues			$	306,734					$	280,637					$	353,590					$	341,882
Less:
Labor costs			85,065						79,197						133,515						125,305
Lease and other facilities costs			8,504						6,827						15,878						14,585
Advertising costs			10,003						7,827						19,964						15,339
Other costs (1)			35,928						36,446						55,841						57,023
Adjusted EBITDA			$	167,234					$	150,340					$	128,392					$	129,630

(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												For the six months ended
			June 30,												June 30,
			2025						2024						2025						2024
Mexico
Depreciation and amortization expense			$	10,444					$	10,414					$	19,743					$	21,405
Expenditures for long-lived assets			$	5,820					$	7,150					$	8,400					$	10,570
Peru
Depreciation and amortization expense			$	7,042					$	6,781					$	13,642					$	13,563
Expenditures for long-lived assets			$	7,447					$	3,583					$	9,478					$	16,048

Schedule of Revenue From Customers by Geographical Area

The following table presents the total assets of our reportable segments:

			June 30, 2025						December 31, 2024
Assets
Mexico			$	1,234,646					$	1,143,053
Peru			659,722						567,310
Corporate			141,537						151,697
Total assets			$	2,035,905					$	1,862,060

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
-Topic 280
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-Name Accounting Standards Codification
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-Section 50
-Paragraph 30
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