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Segments (Tables)
 3 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Summary of Certain Financial Data For Each of Segments The following is a summary of certain financial data for each of the segments:

 

 

 

Three Months Ended

December 31,

 

 

 

2018

 

 

2017

 

Maintenance Services

 

$

392,533

 

 

$

406,690

 

Development Services

 

 

134,396

 

 

 

145,223

 

Eliminations

 

 

(916

)

 

 

(824

)

Net service revenues

 

$

526,013

 

 

$

551,089

 

Maintenance Services

 

$

48,706

 

 

$

60,610

 

Development Services

 

 

17,018

 

 

 

20,450

 

Corporate

 

 

(15,604

)

 

 

(14,638

)

Adjusted EBITDA(1)

 

$

50,120

 

 

$

66,422

 

Maintenance Services

 

$

11,082

 

 

$

6,662

 

Development Services

 

 

3,194

 

 

 

911

 

Corporate

 

 

3,052

 

 

 

22,215

 

Capital expenditures

 

$

17,328

 

 

$

29,788

 

 

(1)

Presented below is a reconciliation of Net (loss) income to Adjusted EBITDA:

 

 

 

Three Months Ended

 

 

 

December 31,

2018

 

 

December 31,

2017

 

Net (loss) income

 

$

(8,827

)

 

$

19,324

 

Interest expense

 

 

17,124

 

 

 

24,913

 

Income tax benefit

 

 

(3,135

)

 

 

(51,539

)

Depreciation expense

 

 

19,281

 

 

 

21,072

 

Amortization expense

 

 

15,130

 

 

 

31,046

 

Establish public company financial reporting compliance (a)

 

 

383

 

 

 

2,632

 

Business transformation and integration costs (b)

 

 

4,256

 

 

 

16,809

 

Equity-based compensation (c)

 

 

5,908

 

 

 

1,526

 

Management fees (d)

 

 

—

 

 

 

639

 

Adjusted EBITDA

 

$

50,120

 

 

$

66,422

 

 

(a)

Represents costs incurred to establish public company financial reporting compliance, including costs to comply with the requirements of Sarbanes-Oxley and the accelerated adoption of the new revenue recognition standard (ASU 2014-09 – Revenue from Contracts with Customers) and other miscellaneous costs.

(b)

Business transformation and integration costs consist of (i) severance and related costs; (ii) rebranding of vehicle fleet; (iii) business integration costs and (iv) information technology infrastructure transformation costs and other.

(c)

Represents equity-based compensation expense recognized for equity incentive plans outstanding, including $3,957 related to the IPO during the three months ended December 31, 2018.

(d)

Represents management fees paid pursuant to a monitoring agreement terminated on July 2, 2018 in connection with the completion of the IPO.