XML 45 R31.htm IDEA: XBRL DOCUMENT v3.22.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Results of operations for the reportable segments and reconciliation to loss before income taxes is as follows:
Three Months Ended March 31,
(in thousands)20222021
Net revenues
Product Commerce$4,936,053 $4,097,651 
Developing Offerings180,633 109,209 
Total net revenues$5,116,686 $4,206,860 
Segment adjusted EBITDA
Product Commerce$2,877 $(69,289)
Developing Offerings(93,749)(63,677)
Total segment adjusted EBITDA$(90,872)$(132,966)
Reconciling items:
Depreciation and amortization$(59,240)$(47,384)
Equity-based compensation(55,593)(86,966)
Interest expense(7,368)(24,823)
Interest income3,534 940 
Other expense (income), net490 (3,826)
Loss before income taxes$(209,049)$(295,025)