Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents segment revenues, significant segment expenses and segment contribution with a reconciliation to Income (loss) before income taxes for the three and six months ended June 30, 2025 and 2024:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
	(In thousands)
Segment revenues:
Warehouse	$	594,070	$	600,387	$	1,169,427	$	1,198,097
Transportation	48,097		50,637		92,090		107,490
Third-party managed	8,581		9,931		18,211		20,348
Total revenues	650,748		660,955		1,279,728		1,325,935
Significant Segment Expenses:
Warehouse:
Power	35,544		37,082		67,253		70,415
Other facilities costs	59,675		62,385		117,225		127,980
Labor	248,241		245,626		489,153		493,799
Other services costs	49,605		50,763		98,206		104,241
Total Warehouse Cost of Operations	393,065		395,856		771,837		796,435
Transportation services cost of operations	39,355		41,787		76,094		87,118
Third-party managed services cost of operations	6,672		7,829		14,293		16,063
Total segment expenses	$	439,092	$	445,472	$	862,224	$	899,616
Segment contribution:
Warehouse	201,005		204,531		397,590		401,662
Transportation	8,742		8,850		15,996		20,372
Third-party managed	1,909		2,102		3,918		4,285
Total segment contribution	211,656		215,483		417,504		426,319
Depreciation and amortization expense	(90,462)		(89,649)		(179,444)		(181,744)
Selling, general, and administrative expense	(66,907)		(59,453)		(136,142)		(124,879)
Acquisition, cyber incident, and other, net	(23,226)		(3,013)		(48,640)		(18,011)
Impairment of long-lived assets	(5,226)		—		(5,226)		—
Net gain from sale of real estate	11,760		—		11,760		3,514
Interest expense	(38,245)		(33,180)		(74,362)		(66,610)
Loss on debt extinguishment and termination of derivative instruments	—		(110,682)		—		(115,864)
Loss from investments in partially owned entities	(335)		(1,034)		(1,698)		(1,983)
Other, net	5,775		14,623		7,071		24,149
Income (loss) before income taxes	$	4,790	$	(66,905)	$	(9,177)	$	(55,109)