XML 72 R52.htm IDEA: XBRL DOCUMENT v3.25.2
Note 5 - Business Segment Reporting - Reconciliation of Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization From Segments to Net Loss (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Total revenue $ 422,740 $ 469,642 $ 813,612 $ 853,131
Total Segment EBITDA 120,909 123,330 225,512 218,232
Corporate costs (2) [1] (29,853) (33,636) (61,934) (64,936)
Equity in income of joint ventures 3,395 4,856 7,101 8,714
Depreciation and amortization expense (46,716) (40,647) (92,137) (80,793)
Merger and integration expense (2,267) (8,789) (4,007) (10,950)
Severance and other expense (6,711) 236 (12,793) (4,826)
Stock-based compensation expense (7,314) (7,350) (14,282) (12,420)
Foreign exchange gain 4,518 (5,447) 2,530 (8,190)
Other income, net 280 334 1,934 819
Interest and finance expense, net (4,279) (3,666) (7,730) (6,818)
Income before income taxes 31,962 29,221 44,194 38,832
NLA [Member]        
Total revenue 142,582 156,990 276,860 287,379
Compensation and related cost (58,228) (54,963) (112,542) (104,107)
Cost of product, materials, and supplies (35,061) (45,198) (70,672) (78,934)
Other (1) [2] (15,384) (12,355) (29,352) (25,487)
Total Segment EBITDA 33,909 44,474 64,294 78,851
Severance and other expense      
Foreign exchange gain      
Other income, net    
ESSA [Member]        
Total revenue 132,367 168,431 244,740 290,177
Compensation and related cost (48,261) (48,294) (92,096) (94,020)
Cost of product, materials, and supplies (31,460) (73,728) (60,442) (115,154)
Other (1) [2] (13,011) (11,412) (23,379) (20,805)
Total Segment EBITDA 39,635 34,997 68,823 60,198
Severance and other expense      
Foreign exchange gain      
Other income, net    
MENA [Member]        
Total revenue 91,016 81,429 184,570 152,923
Compensation and related cost (30,070) (29,650) (62,862) (55,108)
Cost of product, materials, and supplies (21,566) (17,411) (41,555) (33,352)
Other (1) [2] (6,809) (5,757) (13,414) (11,314)
Total Segment EBITDA 32,571 28,611 66,739 53,149
Severance and other expense      
Foreign exchange gain      
Other income, net    
APAC [Member]        
Total revenue 56,775 62,792 107,442 122,652
Compensation and related cost (21,961) (24,099) (42,333) (47,006)
Cost of product, materials, and supplies (14,624) (19,564) (29,082) (42,736)
Other (1) [2] (5,396) (3,881) (10,371) (6,876)
Total Segment EBITDA 14,794 15,248 $ 25,656 $ 26,034
Severance and other expense      
Foreign exchange gain      
Other income, net    
[1] Corporate costs include the costs of running our corporate head office and other central functions that support the operating segments but are not attributable to a particular operating segment, including central product line management, research, engineering and development, logistics, sales and marketing and health and safety.
[2] Other segment expenses consists primarily of facilities, sales and purchase tax, motor vehicles, insurance, professional and other costs.