XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
REVENUES $ 199,119 $ 200,364 $ 553,081 $ 561,199
OPERATING EXPENSES:        
Cost of services (exclusive of depreciation and amortization below) 100,879 101,410 280,419 285,468
Product and technology expense 12,909 13,107 39,052 38,374
Selling, general, and administrative expense 46,050 30,217 125,352 88,881
Depreciation and amortization 30,168 32,419 89,968 96,341
Total operating expenses 190,006 177,153 534,791 509,064
INCOME FROM OPERATIONS 9,113 23,211 18,290 52,135
OTHER EXPENSE, NET:        
Interest expense, net 17,191 7,557 28,114 20,125
Total other expense, net 17,191 7,557 28,114 20,125
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES (8,078) 15,654 (9,824) 32,010
Provision for income taxes 782 4,881 83 9,530
NET (LOSS) INCOME (8,860) 10,773 (9,907) 22,480
Foreign currency translation income (loss) 5,531 (1,610) 2,460 (523)
COMPREHENSIVE (LOSS) INCOME (3,329) 9,163 (7,447) 21,957
Net (loss) income $ (8,860) $ 10,773 $ (9,907) $ 22,480
Basic net (loss) income per share $ (0.06) $ 0.08 $ (0.07) $ 0.16
Diluted net (loss) income per share $ (0.06) $ 0.07 $ (0.07) $ 0.15
Weighted average number of shares outstanding - basic 144,096,312 143,231,707 143,851,357 144,392,463
Weighted average number of shares outstanding - diluted 144,096,312 144,733,357 143,851,357 146,392,996