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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following tables disaggregate our revenue by source and timing of recognition:
| Three Months Ended June 30, 2024
| SendTech Solutions | Presort Services | Global Ecommerce | Revenue from products and services | Revenue from leasing transactions and financing | Total consolidated revenue
Major products/service lines |  |  |  |  |  |
Business services | $ | 33,651 |  | $ | 146,858 |  | $ | 326,157 |  | $ | 506,666 |  | $ | — |  | $ | 506,666 |
Support services | 94,012 |  | — |  | — |  | 94,012 |  | — |  | 94,012 |
Financing | — |  | — |  | — |  | — |  | 67,539 |  | 67,539 |
Equipment sales | 20,932 |  | — |  | — |  | 20,932 |  | 51,821 |  | 72,753 |
Supplies | 35,509 |  | — |  | — |  | 35,509 |  | — |  | 35,509 |
Rentals | — |  | — |  | — |  | — |  | 16,691 |  | 16,691 |
Subtotal | 184,104 |  | 146,858 |  | 326,157 |  | 657,119 |  | $ | 136,051 |  | $ | 793,170 |
Revenue from leasing transactions and financing | 136,051 |  | — |  | — |  | 136,051 |  |  |
Total revenue | $ | 320,155 |  | $ | 146,858 |  | $ | 326,157 |  | $ | 793,170 |  |  |
Timing of revenue recognition from products and services |  |  |  |
Products/services transferred at a point in time | $ | 71,694 |  | $ | — |  | $ | — |  | $ | 71,694 |  |  |
Products/services transferred over time | 112,410 |  | 146,858 |  | 326,157 |  | 585,425 |  |  |
Total | $ | 184,104 |  | $ | 146,858 |  | $ | 326,157 |  | $ | 657,119 |  |  |
| Three Months Ended June 30, 2023
| SendTech Solutions | Presort Services | Global Ecommerce | Revenue from products and services | Revenue from leasing transactions and financing | Total consolidated revenue
Major products/service lines |  |  |  |  |  |
Business services | $ | 25,341 |  | $ | 143,107 |  | $ | 305,049 |  | $ | 473,497 |  | $ | — |  | $ | 473,497 |
Support services | 103,315 |  | — |  | — |  | 103,315 |  | — |  | 103,315 |
Financing | — |  | — |  | — |  | — |  | 66,702 |  | 66,702 |
Equipment sales | 19,060 |  | — |  | — |  | 19,060 |  | 60,391 |  | 79,451 |
Supplies | 36,505 |  | — |  | — |  | 36,505 |  | — |  | 36,505 |
Rentals | — |  | — |  | — |  | — |  | 17,011 |  | 17,011 |
Subtotal | 184,221 |  | 143,107 |  | 305,049 |  | 632,377 |  | $ | 144,104 |  | $ | 776,481 |
Revenue from leasing transactions and financing | 144,104 |  | — |  | — |  | 144,104 |  |  |
Total revenue | $ | 328,325 |  | $ | 143,107 |  | $ | 305,049 |  | $ | 776,481 |  |  |
Timing of revenue recognition from products and services |  |  |  |
Products/services transferred at a point in time | $ | 73,495 |  | $ | — |  | $ | — |  | $ | 73,495 |  |  |
Products/services transferred over time | 110,726 |  | 143,107 |  | 305,049 |  | 558,882 |  |  |
Total | $ | 184,221 |  | $ | 143,107 |  | $ | 305,049 |  | $ | 632,377 |  |  |
| Six Months Ended June 30, 2024
| SendTech Solutions | Presort Services | Global Ecommerce | Revenue from products and services | Revenue from leasing transactions and financing | Total consolidated revenue
Major products/service lines |  |  |  |  |  |
Business services | $ | 66,176 |  | $ | 316,665 |  | $ | 659,422 |  | $ | 1,042,263 |  | $ | — |  | $ | 1,042,263 |
Support services | 190,345 |  | — |  | — |  | 190,345 |  | — |  | 190,345 |
Financing | — |  | — |  | — |  | — |  | 135,202 |  | 135,202 |
Equipment sales | 45,665 |  | — |  | — |  | 45,665 |  | 104,491 |  | 150,156 |
Supplies | 72,230 |  | — |  | — |  | 72,230 |  | — |  | 72,230 |
Rentals | — |  | — |  | — |  | — |  | 33,483 |  | 33,483 |
Subtotal | 374,416 |  | 316,665 |  | 659,422 |  | 1,350,503 |  | $ | 273,176 |  | $ | 1,623,679 |
Revenue from leasing transactions and financing | 273,176 |  | — |  | — |  | 273,176 |  |  |
Total revenue | $ | 647,592 |  | $ | 316,665 |  | $ | 659,422 |  | $ | 1,623,679 |  |  |
Timing of revenue recognition from products and services |  |  |  |
Products/services transferred at a point in time | $ | 148,159 |  | $ | — |  | $ | — |  | $ | 148,159 |  |  |
Products/services transferred over time | 226,257 |  | 316,665 |  | 659,422 |  | 1,202,344 |  |  |
Total | $ | 374,416 |  | $ | 316,665 |  | $ | 659,422 |  | $ | 1,350,503 |  |  |
| Six Months Ended June 30, 2023
| SendTech Solutions | Presort Services | Global Ecommerce | Revenue from products and services | Revenue from leasing transactions and financing | Total consolidated revenue
Major products/service lines |  |  |  |  |  |
Business services | $ | 49,289 |  | $ | 302,009 |  | $ | 645,690 |  | $ | 996,988 |  | $ | — |  | $ | 996,988 |
Support services | 208,599 |  | — |  | — |  | 208,599 |  | — |  | 208,599 |
Financing | — |  | — |  | — |  | — |  | 133,751 |  | 133,751 |
Equipment sales | 39,055 |  | — |  | — |  | 39,055 |  | 123,006 |  | 162,061 |
Supplies | 75,340 |  | — |  | — |  | 75,340 |  | — |  | 75,340 |
Rentals | — |  | — |  | — |  | — |  | 34,280 |  | 34,280 |
Subtotal | 372,283 |  | 302,009 |  | 645,690 |  | 1,319,982 |  | $ | 291,037 |  | $ | 1,611,019 |
Revenue from leasing transactions and financing | 291,037 |  | — |  | — |  | 291,037 |  |  |
Total revenue | $ | 663,320 |  | $ | 302,009 |  | $ | 645,690 |  | $ | 1,611,019 |  |  |
Timing of revenue recognition from products and services |  |  |  |
Products/services transferred at a point in time | $ | 150,559 |  | $ | — |  | $ | — |  | $ | 150,559 |  |  |
Products/services transferred over time | 221,724 |  | 302,009 |  | 645,690 |  | 1,169,423 |  |  |
Total | $ | 372,283 |  | $ | 302,009 |  | $ | 645,690 |  | $ | 1,319,982 |  |  |
Schedule of Contract Assets and Advance Billings | Advance Billings from Contracts with Customers
| Balance sheet location |  | June 30, 2024 |  | December 31, 2023 |  | Increase/ (decrease)
Advance billings, current | Advance billings |  | $ | 78,471 |  |  | $ | 82,124 |  |  | $ | (3,653) |
Advance billings, noncurrent | Other noncurrent liabilities |  | $ | 409 |  |  | $ | 507 |  |  | $ | (98) |
Schedule of Future Performance Obligations | The transaction prices allocated to future performance obligations will be recognized as follows:
|  | Remainder of 2024 |  | 2025 |  | 2026-2029 |  | Total
SendTech Solutions |  | $ | 127,844 |  |  | $ | 222,057 |  |  | $ | 350,923 |  |  | $ | 700,824 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 + Details
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