Segments (Tables)

3 Months Ended

Dec. 31, 2020

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,
	2020			2019
Maintenance Services	$	418.0		$	418.9
Development Services		137.4			152.8
Eliminations		(1.0	)		(1.0	)
Net service revenues	$	554.4		$	570.7
Maintenance Services	$	49.6		$	47.7
Development Services		17.1			19.1
Corporate		(14.3	)		(15.1	)
Adjusted EBITDA(1)	$	52.4		$	51.7
Maintenance Services	$	8.9		$	11.7
Development Services		0.3			2.0
Corporate		0.5			0.8
Capital expenditures	$	9.7		$	14.5

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

	Three Months Ended December 31,
	2020			2019
Net (loss) income	$	(12.0	)	$	(12.6	)
Interest expense		13.6			17.4
Income tax (benefit)		(3.8	)		(4.9	)
Depreciation expense		21.6			20.2
Amortization expense		13.9			13.5
Establish public company financial reporting compliance (a)		—			0.9
Business transformation and integration costs (b)		6.4			8.3
Offering-related expenses (c)		0.2			0.4
Equity-based compensation (d)		5.0			8.5
COVID-19 related expenses (e)		7.5			—
Adjusted EBITDA	$	52.4		$	51.7

(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 revenue recognition standard (ASC 606 – 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 transaction related expenses incurred for IPO related litigation and subsequent registration statements. 

(d) Represents equity-based compensation expense and related taxes recognized for equity incentive plans outstanding.

(e) Represents expenses related to the Company’s response to the COVID-19 pandemic, principally temporary and incremental salary and related expenses, personal protective equipment and cleaning and supply purchases, and other.