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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2025
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 taxes.
Revenue
Three Months Ended March 31,
20252024
SendTech Solutions$298,055 $327,437 
Presort Services177,814 169,807 
Total segment revenue475,869 497,244 
Other
17,551 24,025 
Total revenue$493,420 $521,269 


Three Months Ended March 31,
20252024
SendTech Solutions
Revenue$298,055 $327,437 
Less:
Cost of revenue92,688 109,473 
Operating expenses
110,433 124,254 
Adjusted segment EBIT$94,934 $93,710 
Presort Services
Revenue$177,814 $169,807 
Less:
Cost of revenue
104,635 107,327 
Operating expenses
18,400 22,151 
Adjusted segment EBIT$54,779 $40,329 
Schedule of Reconciliation of EBIT From Segments to Consolidated Statements
Adjusted Segment EBIT
Three Months Ended March 31,
20252024
SendTech Solutions$94,934 $93,710 
Presort Services54,779 40,329 
Total adjusted segment EBIT149,713 134,039 
Reconciliation of adjusted segment EBIT to income from continuing operations before taxes:
Other operations
1,879 1,494 
Interest expense, net(37,885)(43,909)
Corporate expenses
(31,903)(42,202)
Restructuring charges
(1,400)(3,766)
Loss on debt redemption/refinancing(24,646)— 
Foreign currency (loss) gain on intercompany loans(7,595)4,638 
Benefit in connection with Ecommerce Restructuring
459 — 
Strategic review costs
(1,890)(2,690)
Income from continuing operations before taxes
$46,732 $47,604