Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Financial Information by Segment

The following tables set forth financial information by segment for the respective periods:

	For the Three Months Ended June 30, 2022
	Commercial			Government			Parking		Corporate
($ in thousands)	Services			Solutions			Solutions		and Other			Total
Service revenue	$	84,888		$	74,672		$	14,942	$	—		$	174,502
Product sales		—			8,856			4,129		—			12,985
Total revenue		84,888			83,528			19,071		—			187,487
Cost of service revenue		496			563			2,654		—			3,713
Cost of product sales		—			4,893			3,433		—			8,326
Operating expenses		18,105			34,401			2,406		—			54,912
Selling, general and administrative expenses		13,681			14,433			7,756		—			35,870
Other (income) expense, net		(3,840	)		(218	)		19		—			(4,039	)
Segment profit	$	56,446		$	29,456		$	2,803	$	—		$	88,705
Segment profit	$	56,446		$	29,456		$	2,803	$	—		$	88,705
Depreciation and amortization		—			—			—		34,540			34,540
Loss on disposal of assets, net		—			385			14		—			399
Change in fair value of private placement warrants		—			—			—		(6,600	)		(6,600	)
Tax receivable agreement liability adjustment		—			—			—		(965	)		(965	)
Stock-based compensation		—			—			—		4,566			4,566
Interest expense, net		—			—			—		14,485			14,485
Income (loss) before income taxes	$	56,446		$	29,071		$	2,789	$	(46,026	)	$	42,280

	For the Three Months Ended June 30, 2021
	Commercial			Government			Corporate
($ in thousands)	Services			Solutions			and Other			Total
Service revenue	$	66,480		$	49,946		$	—		$	116,426
Product sales		—			12,231			—			12,231
Total revenue		66,480			62,177			—			128,657
Cost of service revenue		905			427			—			1,332
Cost of product sales		—			6,144			—			6,144
Operating expenses		15,990			20,196			—			36,186
Selling, general and administrative expenses		9,479			10,119			3,306			22,904
Other income, net		(2,594	)		(204	)		—			(2,798	)
Segment profit (loss)	$	42,700		$	25,495		$	(3,306	)	$	64,889
Segment profit (loss)	$	42,700		$	25,495		$	(3,306	)	$	64,889
Depreciation and amortization		—			—			27,013			27,013
Gain on disposal of assets, net		—			(1	)		—			(1	)
Change in fair value of private placement warrants		—			—			8,067			8,067
Tax receivable agreement liability adjustment		—			—			1,661			1,661
Stock-based compensation		—			—			3,573			3,573
Interest expense, net		—			—			11,680			11,680
Income (loss) before income taxes	$	42,700		$	25,496		$	(55,300	)	$	12,896

	For the Six Months Ended June 30, 2022
	Commercial			Government			Parking		Corporate
($ in thousands)	Services			Solutions			Solutions		and Other			Total
Service revenue	$	158,353		$	147,896		$	29,387	$	—		$	335,636
Product sales		—			14,460			7,776		—			22,236
Total revenue		158,353			162,356			37,163		—			357,872
Cost of service revenue		1,098			1,036			5,358		—			7,492
Cost of product sales		—			8,620			5,701		—			14,321
Operating expenses		34,052			66,792			4,917		—			105,761
Selling, general and administrative expenses		26,957			30,888			15,428		—			73,273
Other (income) expense, net		(6,795	)		(146	)		36		—			(6,905	)
Segment profit	$	103,041		$	55,166		$	5,723	$	—		$	163,930
Segment profit	$	103,041		$	55,166		$	5,723	$	—		$	163,930
Depreciation and amortization		—			—			—		70,215			70,215
Loss on disposal of assets, net		—			626			5		—			631
Change in fair value of private placement warrants		—			—			—		(2,866	)		(2,866	)
Tax receivable agreement liability adjustment		—			—			—		(965	)		(965	)
Stock-based compensation		—			—			—		9,012			9,012
Interest expense, net		—			—			—		28,764			28,764
Income (loss) before income taxes	$	103,041		$	54,540		$	5,718	$	(104,160	)	$	59,139

	For the Six Months Ended June 30, 2021
	Commercial			Government			Corporate
($ in thousands)	Services			Solutions			and Other			Total
Service revenue	$	112,169		$	94,020		$	—		$	206,189
Product sales		—			12,326			—			12,326
Total revenue		112,169			106,346			—			218,515
Cost of service revenue		1,436			776			—			2,212
Cost of product sales		—			6,171			—			6,171
Operating expenses		30,196			36,288			—			66,484
Selling, general and administrative expenses		20,271			20,930			7,432			48,633
Other income, net		(4,664	)		(1,147	)		—			(5,811	)
Segment profit (loss)	$	64,930		$	43,328		$	(7,432	)	$	100,826
Segment profit (loss)	$	64,930		$	43,328		$	(7,432	)	$	100,826
Depreciation and amortization		—			—			55,227			55,227
Loss on disposal of assets, net		—			50			—			50
Change in fair value of private placement warrants		—			—			10,134			10,134
Tax receivable agreement liability adjustment		—			—			1,661			1,661
Stock-based compensation		—			—			6,481			6,481
Interest expense, net		—			—			20,844			20,844
Loss on extinguishment of debt		—			—			5,334			5,334
Income (loss) before income taxes	$	64,930		$	43,278		$	(107,113	)	$	1,095

Revenue from international customers

The following table details the revenues from international customers for the respective periods:

	Three Months Ended June 30,				Six Months Ended June 30,
($ in thousands)	2022		2021		2022		2021
Australia	$	8,436	$	1,141	$	16,218	$	1,141
Canada		7,984		365		15,660		400
United Kingdom		4,992		3,318		11,198		5,648
All other		472		483		1,154		878
Total international revenues	$	21,884	$	5,307	$	44,230	$	8,067