Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Schedule of Segment Reporting Information, by Segment

Certain financial information for the Company’s segment, including significant expenses and other segment expense items are listed below:


(In thousands)	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Revenue	$	234,882	$	229,140	$	458,959	$	451,418
Less:
Significant segment expense items1:
Cost of revenue (exclusive of depreciation and amortization)	65,629		63,097		125,838		123,353
Adjusted Selling, general & administrative expenses2	88,978		85,269		170,815		165,419
Marketing costs	12,302		11,949		24,208		23,609
Other segment items3	32,413		22,367		75,196		51,545
Segment income from operations	35,560		46,458		62,902		87,492

Interest expense	(36,556)		(33,890)		(69,231)		(66,614)
Other non-operating income (expense)4	(56,706)		3,619		(89,352)		20,097
Segment income (loss) before income taxes	(57,702)		16,187		(95,681)		40,975
Income tax (expense) benefit	23,343		(12,498)		(41,250)		(23,699)
Segment net (loss) income	(34,359)		3,689		(136,931)		17,276
Reconciliation of segment profit or loss	—		—		—		—
Consolidated net (loss) income	(34,359)		3,689		(136,931)		17,276

1 The significant segment expense items are expense information that is regularly provided to the CODM.

2 Total Selling, general and administrative expenses, excluding Marketing costs and Equity compensation expenses.

3 Includes Depreciation, Amortization, Other operating expense (income) - net, Loss on litigation, Recovery of loss on litigation, and Equity compensation expenses.

4 Other segment non-operating income (expense) includes (Loss) on fair value adjustment for swaps – net, Foreign exchange (loss) gain – net, Loss on extinguishment of debt, and Other non-operating (expense) income – net