Segment Information

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Segment Information

4. Segment Information

The Company’s principal business activity is the management and disposition of used commercial equipment, vehicles and other durable assets. The Company has one operating and reportable segment which reflects the manner in which the CODM, the Company's Chief Executive Officer, reviews and assesses the performance of the business and allocates resources. The CODM does not evaluate the performance of the Company or allocate resources at any level below the consolidated level or based on the Company's assets and liabilities.

The Company’s geographic breakdown of total revenue by location based on auction activity is as follows:

Total revenue for the three months ended:	United States		Canada		Europe		Australia		Other		Consolidated
March 31, 2024	$	791.2	$	142.4	$	87.1	$	27.6	$	16.4	$	1,064.7
March 31, 2023	360.1		68.3		50.7		19.1		14.2		512.4