v3.24.0.1
SEGMENT DATA (Tables)
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Schedule of Reportable Segment Results
The following table presents the Company’s reportable segment results for continuing operations for 2023, 2022 and 2021:
(In thousands)Year Ended December 31,
 202320222021
Revenue
America$1,100,846 $1,105,552 $1,013,290 
Airports311,605 256,402 160,330 
Europe-North619,557 566,119 517,990 
Other
95,132 85,955 77,148 
Total$2,127,140 $2,014,028 $1,768,758 
Capital Expenditures(1)
America$75,431 $79,529 $56,898 
Airports20,050 25,298 11,600 
Europe-North29,284 34,025 36,914 
Other
6,421 4,571 4,884 
Corporate13,600 12,245 12,348 
Total$144,786 $155,668 $122,644 
Segment Adjusted EBITDA
America$468,370 $499,390 $463,410 
Airports68,226 60,864 36,894 
Europe-North114,303 103,654 53,981 
Other
14,974 12,330 4,884 
Total$665,873 $676,238 $559,169 
(In thousands)Year Ended December 31,
 202320222021
Reconciliation of Segment Adjusted EBITDA to Loss From Continuing Operations Before Income Taxes
Segment Adjusted EBITDA$665,873 $676,238 $559,169 
Less reconciling items:
Corporate expenses(2)
172,324 161,852 158,241 
Depreciation and amortization241,828 217,835 213,098 
Impairment charges— 22,676 118,950 
Restructuring and other costs(3)
3,062 1,778 7,074 
Other operating expense, net11,769 2,133 3,014 
Interest expense, net421,434 360,599 348,995 
(Gain) loss on extinguishment of debt
(3,817)— 102,757 
Other (income) expense, net
(6,403)37,060 1,642 
Loss from continuing operations before income taxes$(174,324)$(127,695)$(394,602)
(1)In addition to payments that occurred during the period for capital expenditures, the Company had $14.7 million, $20.3 million and $19.0 million of accrued capital expenditures related to continuing operations that remained unpaid as of December 31, 2023, 2022, and 2021, respectively.
(2)Corporate expenses include expenses related to infrastructure and support, including information technology, human resources, legal (including legal liabilities and related estimates), finance and administrative functions of each of the Company’s reportable segments, as well as overall executive, administrative and support functions. Share-based compensation and certain restructuring and other costs are recorded in corporate expenses.
(3)The restructuring and other costs line item in this reconciliation excludes those restructuring and other costs related to corporate functions, which are included with the Corporate expenses line item.