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Segment Reporting
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
We have organized our operations into the following three operating segments, which correspond directly to our reportable segments: Multicloud Services, Apps & Cross Platform, and OpenStack Public Cloud. Our segments are based upon a number of factors, including, the basis for our budgets and forecasts, organizational and management structure and the financial information regularly used by our Chief Operating Decision Maker to make key decisions and to assess performance. We assess financial performance of our segments on the basis of revenue and segment gross profit. For the calculation of segment gross profit, we allocate certain costs, such as data center operating costs, customer support costs, license expense, and depreciation, to our segments generally based on segment revenue.

The table below presents a reconciliation of revenue by reportable segment to consolidated revenue and a reconciliation of consolidated segment gross profit to consolidated loss before income taxes for the three months ended March 31, 2021 and 2022.
Three Months Ended March 31,
(In millions)20212022
Revenue by segment:
Multicloud Services$579.6 $640.1 
Apps & Cross Platform97.3 94.8 
OpenStack Public Cloud49.0 40.6 
    Total consolidated revenue$725.9 $775.5 
Segment gross profit:
Multicloud Services $196.4 $188.2 
Apps & Cross Platform34.9 34.5 
OpenStack Public Cloud18.6 12.9 
Total consolidated segment gross profit249.9 235.6 
Less:
Share-based compensation expense(4.9)(2.8)
Other compensation expense (1)
(1.3)(0.8)
Purchase accounting impact on expense (2)
(1.2)(0.7)
Restructuring and transformation expenses (3)
(7.2)(5.3)
Selling, general and administrative expenses(231.0)(205.1)
Gain on sale of land19.9 — 
Interest expense(52.6)(50.1)
Loss on investments, net(3.7)(0.1)
Debt modification and extinguishment costs(37.0)— 
Other expense, net(1.8)(3.6)
Total consolidated loss before income taxes$(70.9)$(32.9)

(1)    Adjustments for retention bonuses, mainly in connection with restructuring and transformation projects, and the related payroll tax, and payroll taxes associated with the exercise of stock options and vesting of restricted stock.
(2)    Adjustment for the impact of purchase accounting from the Rackspace Acquisition on expenses.
(3)    Adjustment for the impact of business transformation and optimization activities, as well as associated severance, facility closure costs and lease termination expenses. This amount also includes certain costs associated with the July 2021 Restructuring Plan which are not accounted for as exit and disposal costs under ASC 420, including one-time offshore build out costs.