Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Reportable Segments

Information regarding the Company’s reportable segment revenue is as follows (in millions):

		Three Months Ended			Three Months Ended
		March 31,			March 31,
		2024			2023
Employer Solutions
Recurring	$		521	$		533
Project			38			43
Total Employer Solutions			559			576
Other			-			10
Total revenue	$		559	$		586

There was no single client who accounted for more than 10% of the Company’s revenues in any of the periods presented.

	Segment Profit
		Three Months Ended				Three Months Ended
		March 31,				March 31,
		2024				2023
Employer Solutions	$		182		$		187
Other			-				-
Total Gross Profit			182				187
Selling, general and administrative			146				151
Depreciation and intangible amortization			76				76
Operating Income (Loss) From Continuing Operations			(40	)			(40	)
(Gain) Loss from change in fair value of financial instruments			21				25
(Gain) Loss from change in fair value of tax receivable agreement			55				8
Interest expense			31				33
Other (income) expense, net			1				1
Income (Loss) From Continuing Operations Before Taxes	$		(148	)	$		(107	)