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SEGMENT REPORTING (Tables) | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following summarizes revenue by reportable segments:
| Three-Month Period |  | Six-Month Period
| Successor |  |  | Predecessor |  | Successor |  |  | Predecessor
| Three Months Ended June 30, 2022 |  |  | Three Months Ended June 30, 2021 |  | Period from January 27, 2022 through June 30, 2022 |  |  | Period from January 1, 2022 through January 26, 2022 |  | Six Months Ended June 30, 2021
Owned and Operated | $ | 157,952 |  |  |  | $ | 160,816 |  |  | $ | 284,836 |  |  |  | $ | 49,249 |  |  | $ | 300,242 |
Partner Network | 19,077 |  |  |  | 8,763 |  |  | 30,427 |  |  |  | 3,463 |  |  | 16,898 |
Subscription | 42,768 |  |  |  | — |  |  | 70,642 |  |  |  | — |  |  | — |
Total revenue | $ | 219,797 |  |  |  | $ | 169,579 |  |  | $ | 385,905 |  |  |  | $ | 52,712 |  |  | $ | 317,140 |
The following summarizes adjusted gross profit by reportable segments:
| Successor |  |  | Predecessor |  | Successor |  |  | Predecessor
| Three Months Ended June 30, 2022 |  |  | Three Months Ended June 30, 2021 |  | Period from January 27, 2022 through June 30, 2022 |  |  | Period from January 1, 2022 through January 26, 2022 |  | Six Months Ended June 30, 2021
Owned and Operated | $ | 36,799 |  |  |  | $ | 37,572 |  |  | $ | 66,217 |  |  |  | $ | 8,768 |  |  | $ | 69,700 |
Partner Network | 13,908 |  |  |  | 8,763 |  |  | 22,321 |  |  |  | 3,012 |  |  | 16,898 |
Subscription | 22,890 |  |  |  | — |  |  | 35,537 |  |  |  | — |  |  | — |
Adjusted gross profit | $ | 73,597 |  |  |  | $ | 46,335 |  |  | $ | 124,075 |  |  |  | $ | 11,780 |  |  | $ | 86,598 |
Other cost of revenues | 6,358 |  |  |  | 2,923 |  |  | 11,112 |  |  |  | 575 |  |  | 6,410 |
Salaries, commissions and benefits | 49,511 |  |  |  | 17,698 |  |  | 97,709 |  |  |  | 31,181 |  |  | 32,893 |
Selling, general and administrative | 16,747 |  |  |  | 6,277 |  |  | 31,835 |  |  |  | 15,665 |  |  | 13,227 |
Depreciation and amortization | 32,094 |  |  |  | 3,112 |  |  | 54,022 |  |  |  | 1,000 |  |  | 6,801 |
Interest expense | 7,324 |  |  |  | 4,476 |  |  | 12,100 |  |  |  | 1,049 |  |  | 8,524 |
Change in fair value of warrant liabilities | (4,139) |  |  |  | — |  |  | 9,622 |  |  |  | — |  |  | — |
Net income (loss) before income tax | $ | (34,298) |  |  |  | $ | 11,849 |  |  | $ | (92,325) |  |  |  | $ | (37,690) |  |  | $ | 18,743 |
Schedule of Revenues Disaggregated by Geographic Region | The following table presents the revenues disaggregated by geographic region.
| Three-Month Period |  | Six-Month Period
| Successor |  |  | Predecessor |  | Successor |  |  | Predecessor
| Three Months Ended June 30, 2022 |  |  | Three Months Ended June 30, 2021 |  | Period from January 27, 2022 through June 30, 2022 |  |  | Period from January 1, 2022 through January 26, 2022 |  | Six Months Ended June 30, 2021
Geographic Region |  |  |  |  |  |  |  |  |  |  |
United States | $ | 167,872 |  |  |  | $ | 163,072 |  |  | $ | 302,480 |  |  |  | $ | 51,701 |  |  | $ | 307,630 |
United Kingdom | 42,924 |  |  |  | 168 |  |  | 70,643 |  |  |  | — |  |  | 169 |
Other international | 9,001 |  |  |  | 6,339 |  |  | 12,782 |  |  |  | 1,011 |  |  | 9,341 |
Total revenue | $ | 219,797 |  |  |  | $ | 169,579 |  |  | $ | 385,905 |  |  |  | $ | 52,712 |  |  | $ | 317,140 |

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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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