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Operating and Geographic Segment Information (Tables) | 3 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Segment Reporting | The following tables summarize key financial information by segment:
|  | Three Months Ended September 30, 2025 |
(In thousands) |  | United States |  |  | Canada |  |  | Total |
Revenues |  | $ | 198,114 |  |  | $ | 28,638 |  |  | $ | 226,752 |
Elimination from intersegment revenues |  |  |  |  |  |  |  |  | (97 | )
Total consolidated revenues |  |  |  |  |  |  |  | $ | 226,655 |
Less segment expenses: |  |  |  |  |  |  |  |  |
Cost of transportation and other services |  |  | (148,513 | ) |  |  | (18,786 | ) |  |  |
Operating partner commissions |  |  | (19,996 | ) |  |  | — |  |  |  |
Personnel costs |  |  | (15,184 | ) |  |  | (4,718 | ) |  |  |
Other segment expenses |  |  | (7,896 | ) |  |  | (2,058 | ) |  |  |
Segment adjusted EBITDA |  | $ | 6,525 |  |  | $ | 3,076 |  |  | $ | 9,601 |
|  | Three Months Ended September 30, 2024 |
(In thousands) |  | United States |  |  | Canada |  |  | Total |
Revenues |  | $ | 176,815 |  |  | $ | 26,812 |  |  | $ | 203,627 |
Elimination from intersegment revenues |  |  |  |  |  |  |  |  | (62 | )
Total consolidated revenues |  |  |  |  |  |  |  | $ | 203,565 |
Less segment expenses: |  |  |  |  |  |  |  |  |
Cost of transportation and other services |  |  | (128,052 | ) |  |  | (18,021 | ) |  |  |
Operating partner commissions |  |  | (18,801 | ) |  |  | — |  |  |  |
Personnel costs |  |  | (13,554 | ) |  |  | (4,757 | ) |  |  |
Other segment expenses |  |  | (6,055 | ) |  |  | (2,127 | ) |  |  |
Segment adjusted EBITDA |  | $ | 10,353 |  |  | $ | 1,907 |  |  | $ | 12,260 |
The following table presents a reconciliation of Segment adjusted EBITDA to income before income taxes:
|  | Three Months Ended September 30, |
(In thousands) |  | 2025 |  |  | 2024 |
Segment adjusted EBITDA |  | $ | 9,601 |  |  | $ | 12,260 |
Depreciation and amortization |  |  | (3,526 | ) |  |  | (4,919 | )
Share-based compensation |  |  | (424 | ) |  |  | (163 | )
Change in fair value of contingent consideration |  |  | (200 | ) |  |  | (200 | )
Change in fair value of interest rate swap contracts |  |  | — |  |  |  | (440 | )
Interest income (expense), net |  |  | (561 | ) |  |  | 228 |
Other |  |  | (131 | ) |  |  | (14 | )
Unallocated corporate costs |  |  | (3,145 | ) |  |  | (2,183 | )
Income before income taxes |  | $ | 1,614 |  |  | $ | 4,569 |
The following table presents depreciation and amortization expense by segment:
|  | Three Months Ended September 30, |
(In thousands) |  | 2025 |  |  | 2024 |
United States |  | $ | 756 |  |  | $ | 1,074 |
Canada |  |  | 1,023 |  |  |  | 1,031 |
Corporate/Eliminations |  |  | 1,747 |  |  |  | 2,814 |
Total |  | $ | 3,526 |  |  | $ | 4,919 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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