v3.25.2
SEGMENT AND CUSTOMER REPORTING (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Information regarding each reportable segment for the periods indicated is set forth below:
Revenue by segment:Three months ended June 30Six months ended June 30
2025202420252024
% of total% of total% of total% of total
ATS$819.1 28 %$767.7 32 %$1,626.3 29 %$1,535.6 33 %
CCS
Communications$1,641.2 57 %$935.2 39 %$3,068.9 56 %$1,699.4 37 %
Enterprise433.1 15 %689.0 29 %846.8 15 %1,365.8 30 %
$2,074.3 72 %$1,624.2 68 %$3,915.7 71 %$3,065.2 67 %
Total revenue$2,893.4 $2,391.9 $5,542.0 $4,600.8 

Segment Costs by segment:Three months ended June 30Six months ended June 30
2025202420252024
ATS cost of sales$726.1 $700.9 $1,452.6 $1,402.1 
ATS other Segment Costs49.5 31.7 89.5 66.5 
CCS cost of sales1,829.6 1,438.6 3,460.2 2,728.1 
CCS other Segment Costs73.5 71.1 137.2 123.9 
Total Segment Costs$2,678.7 $2,242.3 $5,139.5 $4,320.6 
Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Segment income, segment margin, and reconciliation of segment income to earnings before income taxes:Three months ended June 30Six months ended June 30
Note2025202420252024
Segment MarginSegment MarginSegment MarginSegment Margin
ATS segment income and margin$43.5 5.3 %$35.1 4.6 %$84.2 5.2 %$67.0 4.4 %
CCS segment income and margin171.2 8.3 %114.5 7.0 %318.3 8.1 %213.2 7.0 %
Total segment income214.7 149.6 402.5 280.2 
Reconciling items:
Finance costs13.5 15.0 27.2 29.0 
Miscellaneous expense121.7 4.4 3.1 11.0 
Foreign currency forward contracts transitional adjustments— (0.7)— (1.2)
Employee SBC expense15.2 11.9 41.2 34.6 
TRS fair value adjustment (TRS FVA): losses (gains)(97.4)(15.7)(78.3)(47.2)
Amortization of intangible assets (excluding computer software)9.9 9.7 19.9 19.0 
Restructuring and other charges, net of recoveries1114.5 11.5 18.4 16.3 
Earnings before income taxes$257.3 $113.5 $371.0 $218.7