Segments (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Summary of Financial Information for the Company's Reportable Segments

The tables below summarize the financial information for the Company’s reportable segments for the three and nine months ended September 30, 2020 and 2019. The “Corporate and other” category, as it relates to Segment EBITDA, primarily includes corporate overhead costs, such as payroll and related benefit costs and professional services which are not directly attributable to any individual segment.

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Revenue
Franchise segment revenue - U.S.	$	58,615	$	65,494	$	136,776	$	200,111
Franchise segment revenue - International	1,142		1,215		2,512		4,172
Franchise segment total	59,757		66,709		139,288		204,283
Corporate-owned stores - U.S.	27,806		39,637		76,616		115,178
Corporate-owned stores - International	483		1,105		1,608		3,303
Corporate-owned stores total	28,289		40,742		78,224		118,481
Equipment segment - U.S.	17,337		59,364		55,335		174,528
Equipment segment total	17,337		59,364		55,335		174,528
Total revenue	$	105,383	$	166,815	$	272,847	$	497,292

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Segment EBITDA
Franchise	$	31,111	$	44,328	$	71,386	$	141,548
Corporate-owned stores	5,711		16,799		11,376		50,505
Equipment	2,271		13,741		9,948		40,920
Corporate and other	(9,439)		(10,036)		(26,470)		(33,968)
Total Segment EBITDA	$	29,654	$	64,832	$	66,240	$	199,005

Reconciliation of Total Segment EBITDA to (Loss) Income Before Taxes

The following table reconciles total Segment EBITDA to (loss) income before taxes:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Total Segment EBITDA	$	29,654	$	64,832	$	66,240	$	199,005
Less:
Depreciation and amortization	13,636		11,832		39,436		32,316
Other expense	(24)		(61)		(784)		(4,824)
Income from operations	16,042		53,061		27,588		171,513
Interest income	349		1,808		2,635		5,585
Interest expense	(20,686)		(14,807)		(61,394)		(44,192)
Other expense	(24)		(61)		(784)		(4,824)
(Loss) income before income taxes	$	(4,319)	$	40,001	$	(31,955)	$	128,082

Summary of Company's Assets by Reportable Segment

The following table summarizes the Company’s assets by reportable segment: 

	September 30, 2020		December 31, 2019
Franchise	$	174,700	$	193,504
Corporate-owned stores	466,179		471,234
Equipment	171,224		197,656
Unallocated	989,449		854,796
Total consolidated assets	$	1,801,552	$	1,717,190

Summary of Company's Goodwill by Reportable Segment

The following table summarizes the Company’s goodwill by reportable segment: 

	September 30, 2020		December 31, 2019
Franchise	$	16,938	$	16,938
Corporate-owned stores	118,217		118,217
Equipment	92,666		92,666
Consolidated goodwill	$	227,821	$	227,821