XML 58 R42.htm IDEA: XBRL DOCUMENT v3.22.1

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Financial Information by Segment

The following tables set forth financial information by segment for the fiscal years ended December 31, 2021, 2020 and 2019:

		For the Year Ended December 31, 2021
		Commercial				Government				Parking				Corporate
($ in thousands)		Services				Solutions				Solutions				and Other				Total
Service revenue		$	260,899			$	227,992			$	3,955			$	—			$	492,846
Product sales			—				55,163				2,581				—				57,744
Total revenue			260,899				283,155				6,536				—				550,590
Cost of service revenue			3,183				1,500				654				—				5,337
Cost of product sales			—				28,381				1,428				—				29,809
Operating expenses			65,718				96,284				553				—				162,555
Selling, general and administrative expenses			42,873				52,380				1,488				13,697				110,438
Other income, net			(10,837	)			(2,040	)			(18	)			—				(12,895	)
Segment profit (loss)		$	159,962			$	106,650			$	2,431			$	(13,697	)		$	255,346
Segment profit (loss)		$	159,962			$	106,650			$	2,431			$	(13,697	)		$	255,346
Depreciation and amortization			—				—				—				116,753				116,753
Loss on disposal of assets, net			—				48				—				—				48
Change in fair value of private placement warrants			—				—				—				7,600				7,600
Tax receivable agreement liability adjustment			—				—				—				(1,016	)			(1,016	)
Stock-based compensation			—				—				—				13,784				13,784
Loss on extinguishment of debt			—				—				—				5,334				5,334
Interest expense, net			—				—				—				44,942				44,942
Income (loss) before income taxes		$	159,962			$	106,602			$	2,431			$	(201,094	)		$	67,901

		For the Year Ended December 31, 2020
		Commercial				Government				Corporate
($ in thousands)		Services				Solutions				and Other				Total
Service revenue		$	180,856			$	155,418			$	—			$	336,274
Product sales			—				57,319				—				57,319
Total revenue			180,856				212,737				—				393,593
Cost of service revenue			2,562				1,405				—				3,967
Cost of product sales			—				29,573				—				29,573
Operating expenses			52,505				62,387				—				114,892
Selling, general and administrative expenses			40,978				34,465				2,469				77,912
Other income, net			(11,774	)			(111	)			—				(11,885	)
Segment profit (loss)		$	96,585			$	85,018			$	(2,469	)		$	179,134
Segment profit (loss)		$	96,585			$	85,018			$	(2,469	)		$	179,134
Depreciation and amortization			—				—				116,570				116,570
Loss on disposal of assets, net			16				258				—				274
Change in fair value of private placement warrants			—				—				1,133				1,133
Tax receivable agreement liability adjustment			—				—				6,850				6,850
Stock-based compensation			—				—				12,589				12,589
Interest expense, net			—				—				40,865				40,865
Income (loss) before income taxes		$	96,569			$	84,760			$	(180,476	)		$	853

		For the Year Ended December 31, 2019
		Commercial				Government				Corporate
($ in thousands)		Services				Solutions				and Other				Total
Service revenue		$	276,479			$	140,244			$	—			$	416,723
Product sales			—				32,014				—				32,014
Total revenue			276,479				172,258				—				448,737
Cost of service revenue			3,709				1,852				—				5,561
Cost of product sales			—				13,919				—				13,919
Operating expenses			66,916				57,905				—				124,821
Selling, general and administrative expenses			41,384				32,696				2,220				76,300
Other income, net			(10,814	)			(278	)			—				(11,092	)
Segment profit (loss)		$	175,284			$	66,164			$	(2,220	)		$	239,228
Segment profit (loss)		$	175,284			$	66,164			$	(2,220	)		$	239,228
Depreciation and amortization			—				—				115,566				115,566
Loss on disposal of assets, net			145				60				—				205
Change in fair value of private placement warrants			—				—				16,267				16,267
Impairment of property and equipment			—				5,898				—				5,898
Tax receivable agreement liability adjustment			—				—				(106	)			(106	)
Stock-based compensation			—				—				10,012				10,012
Interest expense, net			—				—				60,729				60,729
Income (loss) before income taxes		$	175,139			$	60,206			$	(204,688	)		$	30,657

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 http://asc.fasb.org/extlink&oid=123359005&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 http://asc.fasb.org/extlink&oid=123359005&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 http://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 http://asc.fasb.org/extlink&oid=123359005&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