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v3.25.4

Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2025
Segment Reporting [Abstract] |
Schedule of Segment Information | The following table presents segment revenues, significant segment expenses and segment contribution with a reconciliation to Loss from continuing operations before income taxes for the years ended December 31, 2025, 2024 and 2023:
| Years Ended December 31,
| 2025 |  | 2024 |  | 2023
| (In thousands)
Segment revenues: |  |  |  |  |
Warehouse | $ | 2,377,116 |  |  | $ | 2,416,743 |  |  | $ | 2,391,089 |
Transportation | 188,230 |  |  | 209,129 |  |  | 239,670 |
Third-party managed | 36,500 |  |  | 40,669 |  |  | 42,570 |
Total revenues | 2,601,846 |  |  | 2,666,541 |  |  | 2,673,329 |
Significant Segment Expenses: |  |  |  |  |
Warehouse: |  |  |  |  |
Power | 144,347 |  |  | 147,453 |  |  | 147,750 |
Other facilities costs | 237,627 |  |  | 256,910 |  |  | 247,743 |
Labor | 989,630 |  |  | 998,543 |  |  | 1,023,806 |
Other services costs | 206,061 |  |  | 212,124 |  |  | 249,187 |
Total Warehouse Cost of Operations | 1,577,665 |  |  | 1,615,030 |  |  | 1,668,486 |
Transportation services cost of operations | 156,984 |  |  | 172,606 |  |  | 197,630 |
Third-party managed services cost of operations | 27,811 |  |  | 32,178 |  |  | 36,641 |
Total segment expenses | $ | 1,762,460 |  |  | $ | 1,819,814 |  |  | $ | 1,902,757 |
Segment contribution: |  |  |  |  |
Warehouse | 799,451 |  |  | 801,713 |  |  | 722,603 |
Transportation | 31,246 |  |  | 36,523 |  |  | 42,040 |
Third-party managed | 8,689 |  |  | 8,491 |  |  | 5,929 |
Total segment contribution | 839,386 |  |  | 846,727 |  |  | 770,572 |
Depreciation and amortization expense | (367,362) |  |  | (360,817) |  |  | (353,743) |
Selling, general, and administrative expense | (269,474) |  |  | (255,118) |  |  | (226,786) |
Acquisition, cyber incident, and other, net | (103,893) |  |  | (77,169) |  |  | (64,087) |
Impairment of indefinite and long-lived assets | (47,099) |  |  | (33,126) |  |  | (236,515) |
Net (loss) gain from sale of real estate | (44,324) |  |  | 3,514 |  |  | 2,254 |
Interest expense | (147,776) |  |  | (135,323) |  |  | (140,107) |
Loss on debt extinguishment and termination of derivative instruments | — |  |  | (116,082) |  |  | (2,482) |
Loss from investments in partially owned entities | (2,112) |  |  | (3,702) |  |  | (1,442) |
Other, net | 6,921 |  |  | 27,919 |  |  | 2,795 |
Impairment of related party loan receivable | — |  |  | — |  |  | (21,972) |
Loss on put option | — |  |  | — |  |  | (56,576) |
Loss from continuing operations before income taxes | $ | (135,733) |  |  | $ | (103,177) |  |  | $ | (328,089) |

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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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