| 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, | | | 2023 | | 2022 | | 2021 | | Revenue | | | | | | | America | $ | 1,100,846 | | | $ | 1,105,552 | | | $ | 1,013,290 | | | Airports | 311,605 | | | 256,402 | | | 160,330 | | | Europe-North | 619,557 | | | 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 | | | Airports | 20,050 | | | 25,298 | | | 11,600 | | | Europe-North | 29,284 | | | 34,025 | | | 36,914 | | | | | | | | Other | 6,421 | | | 4,571 | | | 4,884 | | | Corporate | 13,600 | | | 12,245 | | | 12,348 | | | Total | $ | 144,786 | | | $ | 155,668 | | | $ | 122,644 | | | | | | | | | Segment Adjusted EBITDA | | | | | | | America | $ | 468,370 | | | $ | 499,390 | | | $ | 463,410 | | | Airports | 68,226 | | | 60,864 | | | 36,894 | | | Europe-North | 114,303 | | | 103,654 | | | 53,981 | | | | | | | | Other | 14,974 | | | 12,330 | | | 4,884 | | | Total | $ | 665,873 | | | $ | 676,238 | | | $ | 559,169 | | | | | | | |
| | | | | | | | | | | | | | | | | | | (In thousands) | Year Ended December 31, | | | 2023 | | 2022 | | 2021 | | 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 amortization | 241,828 | | | 217,835 | | | 213,098 | | | Impairment charges | — | | | 22,676 | | | 118,950 | | Restructuring and other costs(3) | 3,062 | | | 1,778 | | | 7,074 | | | Other operating expense, net | 11,769 | | | 2,133 | | | 3,014 | | | Interest expense, net | 421,434 | | | 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.
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