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Reportable Segments (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Adjusted EBITDA Reconciled to Net Income

A reconciliation of Segment Adjusted EBITDA to net income (loss) for the three and six months ended June 30, 2024 and 2023 is as follows (in thousands):

		Three Months Ended June 30,								Six Months Ended June 30,
		2024				2023				2024				2023
Adjusted EBITDA
Americas		$	51,594			$	52,324			$	95,263			$	96,980
International			4,167				3,647				7,056				7,551
Total		$	55,761			$	55,971			$	102,319			$	104,531
Adjustments to reconcile to net income:
Interest expense, net			7,353				3,887				10,923				12,568
Provision (benefit) for income taxes			689				3,968				(699	)			4,649
Depreciation and amortization			29,978				32,056				59,800				63,922
Share-based compensation			5,048				3,601				9,799				5,659
Transaction and acquisition-related charges(a)			9,873				1,190				21,865				2,261
Integration, restructuring, and other charges(b)			959				1,487				1,678				3,765
Net income (loss)		$	1,861			$	9,782			$	(1,047	)		$	11,707

(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. Transaction and acquisition related charges for the three and six months ended June 30, 2024 include approximately $9.2 million and $20.3 million of expense, respectively, associated with the pending acquisition of Sterling, primarily consisting of legal, regulatory, and diligence professional service fees. The three and six months ended June 30, 2024 and 2023 also include insurance costs incurred related to the initial public offering.

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

Schedule of Revenues by Geographic Region

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

		Three Months Ended June 30,								Six Months Ended June 30,
		2024				2023				2024				2023
Revenues
Americas		$	162,378			$	162,682			$	311,505			$	314,738
International			24,187				24,113				46,210				48,961
Eliminations			(2,019	)			(1,480	)			(3,753	)			(2,864	)
Total revenues		$	184,546			$	185,315			$	353,962			$	360,835

Summary of Long Lived Assets by Geographical Area

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

		June 30, 2024				December 31, 2023
Long-lived assets, net
United States, country of domicile		$	1,041,734			$	1,083,318
All other countries			161,722				168,068
Total long-lived assets, net		$	1,203,456			$	1,251,386

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- 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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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.

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