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v3.22.1

Segment Reporting - Financial Information by Segment (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
Segment Reporting Information [Line Items] |  |  |
Total revenue | $ 550,590 | $ 393,593 | $ 448,737
Operating expenses | 162,555 | 114,892 | 124,821
Selling, general and administrative expenses | 110,438 | 77,912 | 76,300
Other income, net | (12,895) | (11,885) | (11,092)
Segment profit (loss) | 111,866 | 37,816 | 96,455
Depreciation and amortization | 116,753 | 116,570 | 115,566
Loss on disposal of assets, net | 48 | 274 | 205
Impairment of property and equipment |  |  | 5,898
Change in fair value of private placement warrants | 7,600 | 1,133 | 16,267
Tax receivable agreement liability adjustment | (1,016) | 6,850 | (106)
Stock-based compensation | 13,784 | 12,589 | 10,012
Loss on extinguishment of debt | 5,334 |  |
Interest expense, net | 44,942 | 40,865 | 60,729
Income (loss) before income taxes | 67,901 | 853 | 30,657
Service Revenue |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 492,846 | 336,274 | 416,723
Cost of revenue | 5,337 | 3,967 | 5,561
Product Sales |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 57,744 | 57,319 | 32,014
Cost of revenue | 29,809 | 29,573 | 13,919
Operating Segments |  |  |
Segment Reporting Information [Line Items] |  |  |
Segment profit (loss) | 255,346 | 179,134 | 239,228
Operating Segments | Government Solutions |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 283,155 | 212,737 | 172,258
Operating expenses | 96,284 | 62,387 | 57,905
Selling, general and administrative expenses | 52,380 | 34,465 | 32,696
Other income, net | (2,040) | (111) | (278)
Segment profit (loss) | 106,650 | 85,018 | 66,164
Loss on disposal of assets, net | 48 | 258 | 60
Impairment of property and equipment |  |  | 5,898
Income (loss) before income taxes | 106,602 | 84,760 | 60,206
Operating Segments | Commercial Services |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 260,899 | 180,856 | 276,479
Operating expenses | 65,718 | 52,505 | 66,916
Selling, general and administrative expenses | 42,873 | 40,978 | 41,384
Other income, net | (10,837) | (11,774) | (10,814)
Segment profit (loss) | 159,962 | 96,585 | 175,284
Loss on disposal of assets, net |  | 16 | 145
Income (loss) before income taxes | 159,962 | 96,569 | 175,139
Operating Segments | Parking Solutions |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 6,536 |  |
Operating expenses | 553 |  |
Selling, general and administrative expenses | 1,488 |  |
Other income, net | (18) |  |
Segment profit (loss) | 2,431 |  |
Income (loss) before income taxes | 2,431 |  |
Operating Segments | Service Revenue | Government Solutions |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 227,992 | 155,418 | 140,244
Cost of revenue | 1,500 | 1,405 | 1,852
Operating Segments | Service Revenue | Commercial Services |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 260,899 | 180,856 | 276,479
Cost of revenue | 3,183 | 2,562 | 3,709
Operating Segments | Service Revenue | Parking Solutions |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 3,955 |  |
Cost of revenue | 654 |  |
Operating Segments | Product Sales | Government Solutions |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 55,163 | 57,319 | 32,014
Cost of revenue | 28,381 | 29,573 | 13,919
Operating Segments | Product Sales | Parking Solutions |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenue | 2,581 |  |
Cost of revenue | 1,428 |  |
Corporate and Other |  |  |
Segment Reporting Information [Line Items] |  |  |
Selling, general and administrative expenses | 13,697 | 2,469 | 2,220
Segment profit (loss) | (13,697) | (2,469) | (2,220)
Depreciation and amortization | 116,753 | 116,570 | 115,566
Change in fair value of private placement warrants | 7,600 | 1,133 | 16,267
Tax receivable agreement liability adjustment | (1,016) | 6,850 | (106)
Stock-based compensation | 13,784 | 12,589 | 10,012
Loss on extinguishment of debt | 5,334 |  |
Interest expense, net | 44,942 | 40,865 | 60,729
Income (loss) before income taxes | $ (201,094) | $ (180,476) | $ (204,688)

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