Segments (Tables)

12 Months Ended

Dec. 31, 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 years ended December 31, 2020, 2019 and 2018. The “Corporate and other” column, 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.

	Year Ended December 31,
	2020		2019		2018
Revenue
Franchise segment revenue - U.S.	$	202,844	$	271,375	$	219,506
Franchise segment revenue - International	3,312		6,207		4,634
Franchise segment total	206,156		277,582		224,140
Corporate-owned stores segment - U.S.	115,174		155,308		134,174
Corporate-owned stores segment - International	1,968		4,389		4,425
Corporate-owned stores segment total	117,142		159,697		138,599
Equipment segment - U.S.	82,331		251,524		210,159
Equipment segment - International	989		—		—
Equipment segment total	83,320		251,524		210,159
Total revenue	$	406,618	$	688,803	$	572,898

	Year Ended December 31,
	2020		2019		2018
Segment EBITDA
Franchise	$	114,968	$	192,281	$	152,571
Corporate-owned stores	23,672		65,613		56,704
Equipment	13,097		59,618		47,607
Corporate and other	(33,242)		(46,190)		(43,753)
Total Segment EBITDA	$	118,495	$	271,322	$	213,129

Reconciliation of Total Segment EBITDA to Income Before Taxes

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

	Year Ended December 31,
	2020		2019		2018
Total Segment EBITDA	$	118,495	$	271,322	$	213,129
Less:
Depreciation and amortization	53,832		44,346		35,260
Other income (expense)	4,903		(6,107)		(6,175)
Income from operations	59,760		233,083		184,044
Interest expense, net	(79,180)		(53,799)		(46,065)
Other income (expense)	4,903		(6,107)		(6,175)
Income before income taxes	$	(14,517)	$	173,177	$	131,804

Summary of Company's Assets by Reportable Segment

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

	December 31, 2020		December 31, 2019
Franchise	$	174,812	$	193,504
Corporate-owned stores	468,628		471,234
Equipment	171,201		197,656
Unallocated	1,035,096		854,796
Total consolidated assets	$	1,849,737	$	1,717,190

Summary of Company's Goodwill by Reportable Segment

A rollforward of goodwill during the years ended December 31, 2020 or 2019 is as follows:

	Franchise		Corporate-owned stores		Equipment		Total
As of December 31, 2018	$	16,938	$	89,909	$	92,666	$	199,513
Acquisition of franchisee-owned stores	—		28,308		—		28,308
As of December 31, 2019	$	16,938	$	118,217	$	92,666	$	227,821
Acquisition of franchisee-owned stores	—		—		—		—
As of December 31, 2020	$	16,938	$	118,217	$	92,666	$	227,821

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

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