Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Reconciliation of Revenue from Segments to Consolidated Statements

The following tables provide information about our reportable segments and a reconciliation of adjusted segment EBIT to net income or loss.

	Revenue
	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
SendTech Solutions	$	320,155	$	328,325	$	647,592	$	663,320
Presort Services	146,858		143,107		316,665		302,009
Global Ecommerce	326,157		305,049		659,422		645,690
Total revenue	$	793,170	$	776,481	$	1,623,679	$	1,611,019

Schedule of Reconciliation of EBIT From Segments to Consolidated Statements

	Adjusted Segment EBIT
	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
SendTech Solutions	$	100,967	$	96,848	$	202,245	$	192,485
Presort Services	27,048		20,429		67,377		47,334
Global Ecommerce	(30,935)		(37,483)		(66,362)		(70,655)
Total adjusted segment EBIT	97,080		79,794		203,260		169,164
Reconciliation of adjusted segment EBIT to net income or loss:
Interest expense, net	(44,732)		(37,683)		(89,101)		(74,561)
Unallocated corporate expenses	(51,275)		(47,709)		(101,045)		(104,058)
Restructuring charges	(31,843)		(22,443)		(36,158)		(26,042)
Goodwill impairment	—		(118,599)		—		(118,599)
Proxy solicitation fees	—		(4,538)		—		(10,905)
Gain on debt redemption	—		228		—		3,064
Foreign currency gain on intercompany loans	712		—		5,350		—
CEO and Board transition costs	(2,631)		—		(2,631)		—
Strategic review costs	(5,975)		—		(8,665)		—
Benefit for income taxes	13,797		9,415		1,238		12,665
Net loss	$	(24,867)	$	(141,535)	$	(27,752)	$	(149,272)