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Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information

The following tables are in thousands:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2022

 

Software

 

 

CES

 

 

All other

 

 

Total

 

Revenue

 

$

149,958

 

 

$

8,012

 

 

$

1,811

 

 

$

159,781

 

Adjusted EBITDA

 

$

46,184

 

 

$

798

 

 

$

(392

)

 

$

46,590

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2021

 

Software

 

 

CES

 

 

All other

 

 

Total

 

Revenue

 

$

137,639

 

 

$

10,677

 

 

$

1,847

 

 

$

150,163

 

Adjusted EBITDA

 

$

36,238

 

 

$

1,010

 

 

$

(288

)

 

$

36,960

 

 

 

Reconciliation of U.S. GAAP (Loss) Income Before Income Taxes to Adjusted EBITDA

 

 

Three Months Ended

March 31,

 

 

 

2022

 

 

2021

 

Reconciliation of Adjusted EBITDA to U.S. GAAP

    income before income taxes:

 

 

 

 

 

 

 

 

Adjusted EBITDA

 

$

46,590

 

 

$

36,960

 

Stock-based compensation expense

 

 

(18,614

)

 

 

(9,648

)

Interest expense

 

 

(585

)

 

 

(2,973

)

Depreciation and amortization

 

 

(7,686

)

 

 

(6,686

)

Restructuring expense

 

 

 

 

 

(3,346

)

Special adjustments, interest income and other (1)

 

 

(1,647

)

 

 

94

 

Income before income taxes

 

$

18,058

 

 

$

14,401