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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of financial information regarding the entity's reportable segments | Financial information regarding our reportable segments is set forth below for the three months ended June 30, 2025 (in millions):
| Marketplace |  | Finance |  | Consolidated
Operating revenues | $ | 375.5 |  |  | $ | 106.2 |  |  | $ | 481.7 |
Operating expenses |  |  |  |  |
Cost of services (exclusive of depreciation and amortization) | 236.6 |  |  | 17.8 |  |  | 254.4 |
Finance interest expense | — |  |  | 26.9 |  |  | 26.9 |
Provision for credit losses | 0.2 |  |  | 8.5 |  |  | 8.7 |
Selling, general and administrative | 99.9 |  |  | 14.4 |  |  | 114.3 |
Depreciation and amortization | 19.9 |  |  | 3.1 |  |  | 23.0 |
Loss on sale of property | 7.0 |  |  | — |  |  | 7.0 |
Total operating expenses |  |  |  |  | 434.3 |
Operating profit | 11.9 |  |  | 35.5 |  |  | 47.4 |
Interest expense |  |  |  |  | 3.1 |
Other (income) expense, net |  |  |  |  | (7.4) |
Income from continuing operations before income taxes |  |  |  |  | 51.7 |
Income taxes |  |  |  |  | 18.3 |
Income from continuing operations |  |  |  |  | $ | 33.4 |
Financial information regarding our reportable segments is set forth below for the three months ended June 30, 2024 (in millions):
| Marketplace |  | Finance |  | Consolidated
Operating revenues | $ | 336.0 |  |  | $ | 107.8 |  |  | $ | 443.8 |
Operating expenses |  |  |  |  |
Cost of services (exclusive of depreciation and amortization) | 229.1 |  |  | 16.8 |  |  | 245.9 |
Finance interest expense | — |  |  | 31.9 |  |  | 31.9 |
Provision for credit losses | 1.3 |  |  | 12.0 |  |  | 13.3 |
Selling, general and administrative | 92.7 |  |  | 12.0 |  |  | 104.7 |
Depreciation and amortization | 21.1 |  |  | 3.0 |  |  | 24.1 |
Total operating expenses |  |  |  |  | 419.9 |
Operating profit (loss) | (8.2) |  |  | 32.1 |  |  | 23.9 |
Interest expense |  |  |  |  | 5.5 |
Other expense (income), net |  |  |  |  | 0.2 |
Income from continuing operations before income taxes |  |  |  |  | 18.2 |
Income taxes |  |  |  |  | 7.5 |
Income from continuing operations |  |  |  |  | $ | 10.7 |
Financial information regarding our reportable segments is set forth below as of and for the six months ended June 30, 2025 (in millions):
| Marketplace |  | Finance |  | Consolidated
Operating revenues | $ | 726.7 |  |  | $ | 215.1 |  |  | $ | 941.8 |
Operating expenses |  |  |  |  |
Cost of services (exclusive of depreciation and amortization) | 461.1 |  |  | 34.9 |  |  | 496.0 |
Finance interest expense | — |  |  | 54.5 |  |  | 54.5 |
Provision for credit losses | 0.5 |  |  | 17.5 |  |  | 18.0 |
Selling, general and administrative | 194.6 |  |  | 26.9 |  |  | 221.5 |
Depreciation and amortization | 39.6 |  |  | 6.1 |  |  | 45.7 |
Loss on sale of property | 7.0 |  |  | — |  |  | 7.0 |
Total operating expenses |  |  |  |  | 842.7 |
Operating profit | 23.9 |  |  | 75.2 |  |  | 99.1 |
Interest expense |  |  |  |  | 7.1 |
Other (income) expense, net |  |  |  |  | (12.4) |
Income from continuing operations before income taxes |  |  |  |  | 104.4 |
Income taxes |  |  |  |  | 34.1 |
Income from continuing operations |  |  |  |  | $ | 70.3 |
Total assets | $ | 1,924.7 |  |  | $ | 2,713.6 |  |  | $ | 4,638.3 |
Capital expenditures | $ | 24.2 |  |  | $ | 1.9 |  |  | $ | 26.1 |
Financial information regarding our reportable segments is set forth below as of and for the six months ended June 30, 2024 (in millions):
| Marketplace |  | Finance |  | Consolidated
Operating revenues | $ | 654.3 |  |  | $ | 219.4 |  |  | $ | 873.7 |
Operating expenses |  |  |  |  |
Cost of services (exclusive of depreciation and amortization) | 426.2 |  |  | 33.6 |  |  | 459.8 |
Finance interest expense | — |  |  | 64.5 |  |  | 64.5 |
Provision for credit losses | 3.5 |  |  | 25.6 |  |  | 29.1 |
Selling, general and administrative | 185.3 |  |  | 25.9 |  |  | 211.2 |
Depreciation and amortization | 42.7 |  |  | 5.7 |  |  | 48.4 |
Total operating expenses |  |  |  |  | 813.0 |
Operating profit (loss) | (3.4) |  |  | 64.1 |  |  | 60.7 |
Interest expense |  |  |  |  | 12.6 |
Other expense (income), net |  |  |  |  | 0.7 |
Income from continuing operations before income taxes |  |  |  |  | 47.4 |
Income taxes |  |  |  |  | 18.2 |
Income from continuing operations |  |  |  |  | $ | 29.2 |
Total assets | $ | 2,039.6 |  |  | $ | 2,578.2 |  |  | $ | 4,617.8 |
Capital expenditures | $ | 23.7 |  |  | $ | 2.2 |  |  | $ | 25.9 |
Schedule of information regarding the geographic areas of entity's operations | Information regarding the geographic areas of our operations is set forth below (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Operating revenues |  |  |  |  |  |  |
U.S. | $ | 272.6 |  |  | $ | 257.4 |  |  | $ | 542.9 |  |  | $ | 529.4 |
Foreign | 209.1 |  |  | 186.4 |  |  | 398.9 |  |  | 344.3 |
| $ | 481.7 |  |  | $ | 443.8 |  |  | $ | 941.8 |  |  | $ | 873.7 |
| June 30, 2025 |  | December 31, 2024
Long-lived assets |  |  |
U.S. | $ | 987.8 |  |  | $ | 1,006.1 |
Foreign | 745.7 |  |  | 764.8 |
| $ | 1,733.5 |  |  | $ | 1,770.9 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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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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