XML 69 R58.htm IDEA: XBRL DOCUMENT v3.22.4
Segments - Summary of Certain Financial Data For Each of Segments (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]    
Net Service Revenues $ 655.9 $ 591.8
Adjusted EBITDA [1] 48.6 42.6
Capital Expenditures 27.2 28.6
Net (loss) (18.9) (12.8)
Interest expense 23.2 9.7
Income tax (benefit) (5.5) (4.6)
Depreciation expense 27.1 21.4
Amortization expense 11.9 13.4
Business transformation and integration costs [2] 4.7 5.9
Equity-based compensation [3] 5.7 4.8
COVID-19 related expenses [4] 0.4 4.8
Severance and related costs 0.1 0.3
Business integration [5] 2.7 4.0
IT infrastructure, transformation, and other [6] 1.9 1.6
Corporate    
Segment Reporting Information [Line Items]    
Adjusted EBITDA (18.4) (17.2)
Capital Expenditures 1.2 5.6
Operating Segments | Maintenance Services    
Segment Reporting Information [Line Items]    
Net Service Revenues 483.2 438.2
Adjusted EBITDA 50.5 45.3
Capital Expenditures 24.0 21.9
Operating Segments | Development Services    
Segment Reporting Information [Line Items]    
Net Service Revenues 174.4 154.7
Adjusted EBITDA 16.5 14.5
Capital Expenditures 2.0 1.1
Eliminations    
Segment Reporting Information [Line Items]    
Net Service Revenues $ (1.7) $ (1.1)
[1] Presented below is a reconciliation of Net income (loss) to Adjusted EBITDA:
[2] Business transformation and integration costs consist of (i) severance and related costs; (ii) business integration costs and (iii) information technology infrastructure, transformation costs, and other.
[3] Represents equity-based compensation expense and related taxes recognized for equity incentive plans outstanding.
[4] Represents expenses related to the Company’s response to the COVID-19 pandemic, principally temporary and incremental salary and related expenses, personal protective equipment, cleaning and supply purchases, and other.
[5] Represents isolated expenses specifically related to the integration of acquired companies such as one-time employee retention costs, employee onboarding and training costs, and fleet and uniform rebranding costs. The Company excludes Business integration costs from the measures
disclosed above since such expenses vary in amount due to the number of acquisitions and size of acquired companies as well as factors specific to each acquisition, and as a result lack predictability as to occurrence and/or timing, and create a lack of comparability between periods.
[6] Represents expenses related to distinct initiatives, typically significant enterprise-wide changes. Such expenses are excluded from the measures disclosed above since such expenses vary in amount based on occurrence as well as factors specific to each of the activities, are outside of the normal operations of the business, and create a lack of comparability between periods.