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v3.25.4

Segment Information (Net Loss) (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2025 | Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Segment Reporting Information [Line Items] |  |  |  |
Adjusted EBIT |  | $ 165,277 | $ 165,784 | $ 110,912
Reconciling items: |  |  |  |
Interest expense, net |  | (101,460) | (110,094) | (98,769)
Restructuring charges | $ (58,392) | (58,392) | (76,915) | (52,412)
Settlements |  | 0 | (91,339) | 0
Impairment charges |  | (268) | (10,000) | (123,574)
(Loss) gain on debt redemption/refinancing |  | (14,072) | (10,892) | 3,064
Income (loss) from continuing operations before income taxes |  | 192,524 | (52,327) | (43,920)
Operating Segments |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Adjusted EBIT |  | 577,466 | 550,535 | 486,294
Operating Segments | SendTech Solutions |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Adjusted EBIT |  | 412,189 | 384,751 | 375,382
Operating Segments | Presort Services |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Adjusted EBIT |  | 165,277 | 165,784 | 110,912
Reconciling Items |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Adjusted EBIT |  | 0 | (12,821) | (2,625)
Reconciling items: |  |  |  |
Interest expense, net |  | (149,156) | (173,694) | (162,050)
Corporate expenses |  | (116,173) | (152,503) | (175,951)
Restructuring charges |  | (58,392) | (76,915) | (52,412)
Settlements |  | 0 | (91,339) | 0
Impairment charges |  | (268) | (10,000) | (123,574)
(Loss) gain on debt redemption/refinancing |  | (14,072) | (10,892) | 3,064
Proxy solicitation fees |  | 0 | 0 | (10,905)
Foreign currency (loss) gain on intercompany loans |  | (21,944) | 10,243 | (5,761)
Transaction and Strategic review costs |  | (12,179) | (17,110) | 0
Reconciling Items | Disposed of by Sale | Global Ecommerce |  |  |  |
Reconciling items: |  |  |  |
Restructuring charges |  | $ (12,758) | $ (67,831) | $ 0

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