v3.26.1
Business and Geographic Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Financial Information
The following table presents a reconciliation of Adjusted EBITDA of our reportable segments to Income from continuing operations before income taxes and equity in net income of affiliates, as reported in the Consolidated Statements of Operations:
For the three months endedFor the six months ended
June 30, June 30,
2026202520262025
Adjusted EBITDA of reportable segments:
Mexico$70,589 $57,417 $112,066 $110,376 
Peru190,771 167,234 155,830 128,392 
Total Adjusted EBITDA of reportable segments261,360 224,651 267,896 238,768 
Reconciling items:
Corporate(10,800)(10,174)(19,664)(18,941)
Depreciation and amortization expense(23,015)(17,659)(45,598)(33,737)
Share-based compensation expense(4,123)(3,481)(6,739)(5,944)
Operating income223,422 193,337 195,895 180,146 
Interest income1,532 1,369 3,438 2,888 
Interest expense(4,168)(3,145)(7,307)(5,511)
Other income, net22 804 461 789 
Foreign currency loss, net(2,038)(25,576)(1,022)(28,775)
Income from continuing operations before income taxes and equity in net income of affiliates$218,770 $166,789 $191,465 $149,537 

The following table presents significant segment expenses of our reportable segments:
For the three months endedFor the six months ended
June 30, June 30,
2026202520262025
Mexico
Revenues$268,996 $217,369 $479,638 $406,624 
Less:
Labor costs96,375 81,652 177,142 146,081 
Lease and other facilities costs29,060 25,108 56,066 48,199 
Advertising costs19,052 14,371 35,308 27,049 
Other costs (1)
53,920 38,821 99,056 74,919 
Adjusted EBITDA$70,589 $57,417 $112,066 $110,376 
Peru
Revenues$346,855 $306,734 $408,809 $353,590 
Less:
Labor costs94,173 85,065 151,584 133,515 
Lease and other facilities costs8,823 8,504 15,736 15,878 
Advertising costs14,735 10,003 28,356 19,964 
Other costs (1)
38,353 35,928 57,303 55,841 
Adjusted EBITDA$190,771 $167,234 $155,830 $128,392 
(1) Other costs for each reportable segment include: professional services expense, technology expense, bad debt and other direct costs.
The following table presents other financial information of our reportable segments:
For the three months endedFor the six months ended
June 30, June 30,
2026202520262025
Mexico
Depreciation and amortization expense$14,532 $10,444 $28,878 $19,743 
Expenditures for long-lived assets$13,226 $5,820 $19,454 $8,400 
Peru
Depreciation and amortization expense$8,482 $7,042 $16,710 $13,642 
Expenditures for long-lived assets$13,185 $7,447 $15,287 $9,478 
Schedule of Revenue From Customers by Geographical Area
The following table presents the total assets of our reportable segments:
June 30, 2026December 31, 2025
Assets
Mexico$1,555,988 $1,383,658 
Peru738,483 674,902 
Corporate 129,020 147,790 
Total assets$2,423,491 $2,206,350