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Segment Information (Tables)
 9 Months Ended
Sep. 30, 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 September 30,Nine Months Ended September 30,
2025202420252024
SendTech Solutions$310,782 $331,376 $938,104 $1,017,470 
Presort Services148,893 166,367 476,900 483,032 
Total segment revenue459,675 497,743 1,415,004 1,500,502 
Other
— 1,720 — 9,975 
Total revenue$459,675 $499,463 $1,415,004 $1,510,477 


Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
SendTech Solutions
Revenue$310,782 $331,376 $938,104 $1,017,470 
Less:
Cost of revenue105,399 117,682 317,082 362,173 
Operating expenses
104,324 111,714 321,681 361,380 
Adjusted segment EBIT$101,059 $101,980 $299,341 $293,917 
Presort Services
Revenue$148,893 $166,367 $476,900 $483,032 
Less:
Cost of revenue
98,492 102,670 299,279 310,797 
Operating expenses
17,775 17,518 54,276 58,679 
Adjusted segment EBIT$32,626 $46,179 $123,345 $113,556 
Schedule of Reconciliation of EBIT From Segments to Consolidated Statements
Adjusted Segment EBIT
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
SendTech Solutions$101,059 $101,980 $299,341 $293,917 
Presort Services32,626 46,179 123,345 113,556 
Total adjusted segment EBIT133,685 148,159 422,686 407,473 
Reconciliation of adjusted segment EBIT to income or loss from continuing operations before taxes:
 
Other operations
— (7,312)— (12,142)
Interest expense, net(37,287)(43,859)(112,671)(131,986)
Corporate expenses
(26,350)(38,062)(93,369)(124,557)
Restructuring charges
(1,836)(30,694)(17,042)(64,859)
Loss on debt redemption/refinancing(82)(2,142)(24,446)(2,142)
Foreign currency gain (loss) on intercompany loans3,390 (18,831)(21,234)(13,481)
Benefit (charge) in connection with Ecommerce Restructuring
1,063 (38,145)7,818 (38,145)
Asset impairment
— (10,000)— (10,000)
Transaction and Strategic review costs(4,439)(2,994)(7,595)(14,291)
Income (loss) from continuing operations before taxes
$68,144 $(43,880)$154,147 $(4,130)