Segment Information (Tables)

9 Months Ended

Sep. 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 Loss before income taxes for the three and nine months ended September 30, 2025 and 2024:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
	(In thousands)
Segment revenues:
Warehouse	$	607,014	$	612,181	$	1,776,441	$	1,810,278
Transportation	47,843		51,764		139,933		159,254
Third-party managed	8,808		10,226		27,019		30,574
Total revenues	663,665		674,171		1,943,393		2,000,106
Significant Segment Expenses:
Warehouse:
Power	42,439		41,767		109,692		112,182
Other facilities costs	60,421		67,211		177,646		195,190
Labor	253,985		253,258		743,138		747,057
Other services costs	55,186		51,321		153,392		155,563
Total Warehouse Cost of Operations	412,031		413,557		1,183,868		1,209,992
Transportation services cost of operations	40,107		43,323		116,201		130,441
Third-party managed services cost of operations	6,499		8,073		20,792		24,136
Total segment expenses	$	458,637	$	464,953	$	1,320,861	$	1,364,569
Segment contribution:
Warehouse	194,983		198,624		592,573		600,286
Transportation	7,736		8,441		23,732		28,813
Third-party managed	2,309		2,153		6,227		6,438
Total segment contribution	205,028		209,218		622,532		635,537
Depreciation and amortization expense	(88,023)		(89,362)		(267,467)		(271,106)
Selling, general, and administrative expense	(70,982)		(63,663)		(207,124)		(188,542)
Acquisition, cyber incident, and other, net	(29,052)		(26,014)		(77,692)		(44,025)
Impairment of long-lived assets	(77)		(2,953)		(5,303)		(2,953)
Net (loss) gain from sale of real estate	(143)		—		11,617		3,514
Interest expense	(33,931)		(34,255)		(108,293)		(100,865)
Loss on debt extinguishment and termination of derivative instruments	—		(218)		—		(116,082)
Loss from investments in partially owned entities	(41)		(1,037)		(1,739)		(3,020)
Other, net	(477)		3,723		6,594		27,872
Loss before income taxes	$	(17,698)	$	(4,561)	$	(26,875)	$	(59,670)