Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the results of operations for the Company’s reportable segments, reconciled to consolidated Income before taxes:


	Three Months Ended March 31, 2026						Three Months Ended March 31, 2025
(in thousands)	North America		International		Total		North America		International		Total
Net revenues	$	319,819	$	107,068	$	426,887	$	292,319	$	97,254	$	389,573
Cost of sales(1)	203,958		64,715				185,268		58,517
Other segment items(2)	28,933		9,795				26,275		9,937
Adjusted EBITDA	$	86,928	$	32,558	$	119,486	$	80,776	$	28,800	$	109,576
Reconciling items:
Interest expense, net					(17,888)						(44,912)
Depreciation and amortization					(22,504)						(23,314)
Refinancing and debt related costs					(5)						(1,056)
Foreign exchange gain/(loss) on intercompany loans, net					6,475						(6,065)
Share-based compensation					(1,895)						(1,003)
Strategic transaction costs					(815)						(862)

Corporate and other					(10,466)						(9,914)
Income before taxes					$	72,388					$	22,450

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(1)Consists of Cost of sales, Cost of sales - related parties and Equipment financing expenses for North America and Cost of sales and Cost of sales - related parties for International.

(2)Other segment items for each reportable segment includes:

North America - engineering, sales and marketing, information technology, and certain other overhead expenses.

International - engineering, sales and marketing, information technology, and certain other overhead expenses.