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Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Summary of Segment Revenue, Income (Loss) and Depreciation and Amortization

For the years December 31, 2023, 2022, and 2021, segment revenue, segment income (loss) from operations, and segment depreciation and amortization are as follows:

		Year Ended December 31,
		2023				2022				2021
Segment Revenue
U.S. Marketplace		$	647,284			$	614,136			$	594,602
Digital Wholesale			216,005				996,264				314,431
Other			50,953				44,635				42,340
Total		$	914,242			$	1,655,035			$	951,373

		Year Ended December 31,
		2023				2022 (1)				2021 (1)
Segment Income (Loss) from Operations:
U.S. Marketplace		$	127,724			$	128,455			$	152,006
Digital Wholesale			(96,383	)			(11,834	)			6,526
Other			1,286				(8,143	)			(10,264	)
Total		$	32,627			$	108,478			$	148,268

(1)As of December 31, 2022 and 2021, Digital Wholesale segment loss (income) did not reflect certain Dealer-to-Dealer and IMCO related capitalized website development expense from the U.S. Marketplace segment. During the three months ended March 31, 2023, the Company updated Digital Wholesale Depreciation and Amortization to reflect certain Dealer-to-Dealer and IMCO related capitalized website development amortization expense from the U.S. Marketplace segment and accordingly updated Digital Wholesale Depreciation as of December 31, 2022 and 2021 for comparative purposes.

		Year Ended December 31,
		2023				2022 (1)				2021 (1)
Segment Depreciation and Amortization:
U.S. Marketplace		$	11,561			$	11,554			$	10,648
Digital Wholesale			36,265				33,350				29,059
Other			648				430				769
Total		$	48,474			$	45,334			$	40,476

(1)As of December 31, 2022, Digital Wholesale Depreciation and Amortization did not reflect certain Dealer-to-Dealer and IMCO related capitalized website development expense from the U.S. Marketplace segment. During the three months ended March 31, 2023, the Company updated Digital Wholesale Depreciation and Amortization to reflect certain Dealer-to-Dealer and IMCO related capitalized website development amortization expense from the U.S. Marketplace segment and accordingly updated Digital Wholesale Depreciation as of December 31, 2022 and 2021 for comparative purposes.

Summary of Reconciliation Between Segment Income from Operations

For the years December 31, 2023, 2022, and 2021, a reconciliation between total segment income from operations to consolidated income before income taxes is as follows:

		Year Ended December 31,
		2023				2022				2021
Total segment income from operations		$	32,627			$	108,478			$	148,268
Other income, net			19,060				2,884				1,092
Consolidated income before income taxes		$	51,687			$	111,362			$	149,360

Summary of Assets by Segment

As of December 31, 2023, 2022, and 2021, segment assets are as follows:

		Year Ended December 31,
		2023				2022(1)				2021(1)
Segment Assets:
U.S. Marketplace		$	607,307			$	525,103			$	449,230
Digital Wholesale			258,458				358,289				446,823
Other			53,162				43,710				35,521
Total		$	918,927			$	927,102			$	931,574

(1)As of December 31, 2022, Digital Wholesale assets did not reflect certain Dealer-to-Dealer and IMCO related capitalized website development assets from the U.S. Marketplace segment. During the three months ended March 31, 2023, the Company updated Digital Wholesale assets to reflect certain Dealer-to-Dealer and IMCO related capitalized website development amortization assets from the U.S. Marketplace segment and accordingly updated Digital Wholesale assets as of December 31, 2022 and 2021 for comparative purposes.

Summary of Revenue by Geographical Region

For the years ended December 31, 2023, 2022, and 2021, revenue by geographical region is as follows:

		Year Ended December 31,
		2023				2022				2021
Revenue by Geographic Region:
United States		$	863,289			$	1,610,400			$	909,033
International			50,953				44,635				42,340
Total		$	914,242			$	1,655,035			$	951,373

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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