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Segment Information (Tables)
9 Months Ended
Sep. 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 income or loss from continuing operations before income taxes.
Revenue
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
SendTech Solutions$312,763 $327,041 $960,355 $990,361 
Presort Services166,367 152,451 483,032 454,460 
Total segment revenue479,130 479,492 1,443,387 1,444,821 
Other
20,333 23,541 67,090 107,688 
Total revenue$499,463 $503,033 $1,510,477 $1,552,509 
Schedule of Reconciliation of EBIT From Segments to Consolidated Statements
Adjusted Segment EBIT
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
SendTech Solutions$104,228 $99,220 $306,473 $291,705 
Presort Services46,179 29,124 113,556 76,458 
Total adjusted segment EBIT150,407 128,344 420,029 368,163 
Reconciliation of adjusted segment EBIT to net income or loss from continuing operations before income taxes:
 
Other operations
(4,236)(2,595)(4,824)(1,017)
Interest expense, net(43,859)(43,176)(131,986)(116,934)
Corporate expenses
(43,386)(41,704)(144,431)(145,762)
Restructuring charges
(30,694)(13,942)(64,859)(34,768)
Goodwill impairment —  (43,209)
Proxy solicitation fees —  (10,905)
(Loss) gain on debt refinancing
(2,142)— (2,142)3,064 
Foreign currency loss on intercompany loans
(18,831)— (13,481)— 
Charges in connection with Ecommerce Restructuring
(38,145)— (38,145)— 
Asset impairment
(10,000)— (10,000)— 
Strategic review costs(2,994)— (14,291)— 
(Loss) income from continuing operations before income taxes
$(43,880)$26,927 $(4,130)$18,632