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Segment Information
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
Our reportable segments are based upon our internal organizational structure; the manner in which our operations are managed; the criteria used by our President, who is our Chief Operating Decision Maker ("CODM"), to evaluate segment performance; the availability of separate financial information; and overall materiality considerations.
We operate our business and present our results through two business segments, (i) Travel Solutions, our global travel solutions for travel suppliers and travel buyers, including a broad portfolio of software technology products and solutions for airlines, and (ii) Hospitality Solutions, an extensive suite of software solutions for hoteliers.
Our CODM utilizes Adjusted Operating Income (Loss), which is not a recognized term under GAAP, as the measure of profitability to evaluate performance of our segments and allocate resources. Our use of Adjusted Operating Income (Loss) has limitations as an analytical tool, and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP.
We define Adjusted Operating Income (Loss) as operating loss adjusted for equity method income, acquisition-related amortization, restructuring and other costs, acquisition-related costs, litigation costs, net, and stock-based compensation.
Our CODM does not review total assets by segment as operating evaluations and resource allocation decisions are not made on the basis of total assets by segment.
Certain costs associated with our technology organization are allocated to the segments based on the segments' usage of resources. Benefit expenses, facility and lease costs and associated depreciation expense are allocated to the segments based on headcount. Unallocated corporate costs include certain shared expenses such as accounting, finance, human resources, legal, corporate systems, amortization of acquired intangible assets, impairment and related charges, stock-based compensation, restructuring charges, legal reserves and other items not identifiable with one of our segments.
We account for significant intersegment transactions as if the transactions were with third parties, that is, at estimated current market prices. The majority of the intersegment revenues and cost of revenues are fees charged by Travel Solutions to Hospitality Solutions for hotel stays booked through our GDS.
Segment information for the three and six months ended June 30, 2023 and 2022 is as follows (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Revenue
Travel Solutions$670,761 $599,149 $1,348,202 $1,133,147 
Hospitality Solutions76,671 66,204 150,483 122,208 
Eliminations(9,903)(7,821)(18,461)(12,913)
Total revenue$737,529 $657,532 $1,480,224 $1,242,442 
Adjusted Operating Income (Loss)(a)
Travel Solutions$116,368 $57,884 $206,470 $103,190 
Hospitality Solutions(2,037)(12,040)(10,531)(27,157)
Corporate(68,236)(55,156)(122,168)(114,500)
Total$46,095 $(9,312)$73,771 $(38,467)
Depreciation and amortization
Travel Solutions$20,273 $28,031 $44,879 $56,286 
Hospitality Solutions6,344 5,487 12,028 11,286 
Total segments26,617 33,518 56,907 67,572 
Corporate10,271 15,707 20,300 31,762 
Total$36,888 $49,225 $77,207 $99,334 
Capital Expenditures
Travel Solutions$18,700 $11,000 $31,752 $18,397 
Hospitality Solutions2,225 237 4,153 3,766 
Total segments20,925 11,237 35,905 22,163 
Corporate9,155 4,743 12,285 11,221 
Total$30,080 $15,980 $48,190 $33,384 
______________________
(a)The following table sets forth the reconciliation of operating loss in our consolidated statements of operations to Adjusted Operating Income (Loss) (in thousands): 
 Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Operating loss$(42,183)$(70,193)$(42,396)$(149,725)
Add back:  
Equity method income459 186 882 16 
Acquisition-related amortization(1)
9,934 15,448 19,867 31,251 
Restructuring and other costs(2)
59,372 4,336 59,053 4,336 
Acquisition-related costs(3)
541 2,245 1,388 5,909 
Litigation costs, net(4)
9,234 12,539 9,234 16,014 
Stock-based compensation8,738 26,127 25,743 53,732 
Adjusted Operating Income (Loss)$46,095 $(9,312)$73,771 $(38,467)
______________________
(1)Acquisition-related amortization represents amortization of intangible assets from the take-private transaction in 2007 as well as intangibles associated with acquisitions since that date.
(2)Restructuring and other costs in the current year primarily represents charges associated with our cost reduction plan implemented in the second quarter of 2023. See Note 5. Restructuring Activities to our consolidated financial statements. During 2022, charges, and adjustments to those charges, were recorded associated with planning and implementing business restructuring activities, including costs associated with third party consultants advising on our business structure and strategy.
(3)Acquisition-related costs represent fees and expenses incurred associated with acquisition and disposition-related activities.
(4)Litigation costs, net represent charges associated with antitrust litigation and other foreign non-income tax contingency matters. See Note 14. Contingencies.