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Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Adjusted EBITDA Reconciled to Net Income

A reconciliation of Segment Adjusted EBITDA to net income (loss) for the year ended December 31, 2022 (Successor), for the year ended December 31, 2021 (Successor), for the period from February 1, 2020 through December 31, 2020 (Successor), and for the period from January 1, 2020 through January 31, 2020 (Predecessor) is as follows (in thousands):

		Successor													Predecessor
		Year Ended December 31, 2022				Year Ended December 31, 2021				Period from February 1, 2020 through December 31, 2020					Period from January 1, 2020 through January 31, 2020
Adjusted EBITDA
Americas		$	221,655			$	198,473			$	135,037				$	6,736
International			27,255				27,821				4,739					286
Total		$	248,910			$	226,294			$	139,776				$	7,022
Adjustments to reconcile to net income (loss):
Interest expense, net			9,199				24,972				47,384					4,489
Provision for income taxes			20,475				8,862				(11,355	)				(871	)
Depreciation and amortization			138,246				142,815				135,057					2,105
Loss on extinguishment of debt			—				13,938				—					10,533
Share-based compensation			7,856				9,530				1,876					3,976
Transaction and acquisition-related charges (a)			6,018				9,314				10,146					22,840
Integration, restructuring, and other charges (b)			2,512				812				4,160					480
Net income (loss)		$	64,604			$	16,051			$	(47,492	)			$	(36,530	)

(a)Represents charges incurred related to acquisitions and similar transactions, primarily consisting of change in control-related costs, professional service fees, and other third-party costs. Additionally includes incremental professional service fees incurred related to the initial public offering, subsequent one-time compliance efforts, and the registered common stock offering by certain selling stockholders in November 2021. The years ended December 31, 2021 and 2022 (Successor) include a transaction bonus expense related to one of the Company’s 2021 acquisitions.

(b)Represents charges from organizational restructuring and integration activities, non-cash, and other charges primarily related to legal exposures inherited from legacy acquisitions, foreign currency (gains) losses, and (gains) losses on the sale of assets.

Schedule of Revenues by Geographic Region

The following summarizes revenues by geographical region (in thousands):

		Successor													Predecessor
		Year Ended December 31, 2022				Year Ended December 31, 2021				Period from February 1, 2020 through December 31, 2020					Period from January 1, 2020 through January 31, 2020
Revenues
Americas		$	694,865			$	604,413			$	430,002				$	32,411
International			122,599				114,009				45,818					4,665
Eliminations			(7,441	)			(6,127	)			(3,451	)				(291	)
Total revenues		$	810,023			$	712,295			$	472,369				$	36,785

Summary of Long Lived Assets by Geographical Area

The following table sets forth net long-lived assets by geographic area (in thousands):

		Successor				Successor
		December 31, 2022				December 31, 2021
Long-lived assets, net
United States, country of domicile		$	1,134,201			$	1,213,093
International			180,258				199,459
Total long-lived assets, net		$	1,314,459			$	1,412,552

X

- Definition

Tabular disclosure of the reconciliation of adjusted EBITDA from reportable segments to the consolidated income (loss).

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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-Publisher FASB
-Name Accounting Standards Codification
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Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

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-Name Accounting Standards Codification
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