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v3.26.1

Segment Information (Net Loss) (Details) - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2026 | Mar. 31, 2025
Reconciliation of adjusted segment EBIT to income or loss before taxes: |  |
Interest expense, net | $ (25,992) | $ (24,270)
Restructuring charges | (5,112) | (1,400)
Loss on debt redemption/refinancing | 0 | (24,646)
Income before taxes | 80,474 | 46,732
Presort Services |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBIT | 39,178 | 54,779
Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBIT | 152,708 | 151,806
Operating Segments | SendTech Solutions |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBIT | 113,530 | 97,027
Operating Segments | Presort Services |  |
Segment Reporting Information [Line Items] |  |
Adjusted EBIT | 39,178 | 54,779
Reconciling Items |  |
Reconciliation of adjusted segment EBIT to income or loss before taxes: |  |
Interest expense, net | (35,575) | (37,885)
Corporate expenses | (22,331) | (32,117)
Restructuring charges | (5,112) | (1,400)
Loss on debt redemption/refinancing | 0 | (24,646)
Foreign currency gain (loss) on intercompany loans | 4,882 | (7,595)
Pension expense of plans to be terminated | (7,554) | 0
Transaction and Strategic review costs | (6,544) | (1,890)
Reconciling Items | Ecommerce | Discontinued Operations, Disposed of by Sale |  |
Reconciliation of adjusted segment EBIT to income or loss before taxes: |  |
Restructuring charges | $ 0 | $ 459

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