v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
Our chief executive officer is our chief operating decision maker, who allocates resources to, and assesses the performance of, each operating segment using information based on factors including client demand and capacity and consolidated net income. Therefore, the Company has determined that it operates in a single operating and reportable segment.
The following table presents the significant expenses for the Company’s single segment:
Three months ended June 30,Six months ended June 30,
2026202520262025
Operating expenses:
Personnel costs (Cost of services)(1)
$166,327 $152,754 $329,640 $296,700 
Operating costs (Selling, general, and administrative expense)(2)
51,081 49,142 101,593 97,258 
Stock-based compensation expense(3)
3,787 8,428 10,710 17,646 
Non-operating costs (Selling, general, and administrative expense)(4)
— 11,088 1,146 11,391 
Other (Cost of services)(5)
35,151 27,562 69,331 54,584 
Depreciation11,594 9,867 22,623 19,870 
Amortization of intangible assets5,004 4,997 10,010 9,973 
Loss (gain) on disposal of assets2,600 (114)2,549 (144)
Total operating expenses$275,544 $263,724 $547,602 $507,278 
(1)    Represents salaries and wages and employee welfare costs, excluding stock-based compensation expense, of employees that can be directly attributed to the delivery of services.
(2)    Represents operating costs related to sales and marketing and other administrative departments, including personnel costs (excluding stock-based compensation expense), professional fees, travel expenses, cloud-based capabilities, insurance premiums and other corporate expenses.
(3)    Represents stock-based compensation expense for cost of services and selling, general and administrative expense, as well as associated payroll tax.
(4)    Represents transaction costs during 2026 and transaction and operational efficiency costs during 2025.
(5)    Represents other costs that can be directly attributed to delivery of services, including the costs for sites and technology, recruiting, professional development and employee engagement.