Segment and Related Information

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Segment and Related Information

Segment and Related Information

The Company is organized in two segments, Restaurant/Retail and Government. Management views the Restaurant/Retail and Government segments separately in operating its business, as the products and services are different for each segment. Information noted as “Other” primarily relates to the Company’s corporate operations.

Information as to the Company’s segments is set forth in the tables below:

	Three months ended March 31,
	2023		2022
Revenues:
Restaurant/Retail	$	68,584	$	58,846
Government	31,853		21,439
Total	$	100,437	$	80,285
Operating (loss) income:
Restaurant/Retail	$	(2,678)	$	(5,181)
Government	2,282		1,547
Other	(13,468)		(9,175)
Total	(13,864)		(12,809)
Other expense, net	(59)		(368)
Interest expense, net	(1,667)		(2,463)
Loss before provision for income taxes	$	(15,590)	$	(15,640)
Depreciation, amortization and accretion:
Restaurant/Retail	$	6,392	$	5,910
Government	115		109
Other	948		867
Total	$	7,455	$	6,886
Capital expenditures including software costs:
Restaurant/Retail	$	1,147	$	1,547
Government	130		44
Other	890		257
Total	$	2,167	$	1,848
Revenues by country:
United States	$	95,437	$	75,593
International	5,000		4,692
Total	$	100,437	$	80,285

The following table represents assets by reporting segment.

(in thousands)	March 31, 2023		December 31, 2022
Restaurant/Retail	$	711,984	$	722,958
Government	21,898		21,443
Other	98,420		110,457
Total	$	832,302	$	854,858

The following table represents assets by country based on the location of the assets.

(in thousands)	March 31, 2023		December 31, 2022
United States	$	787,696	$	809,437
Other Countries	44,606		45,421
Total	$	832,302	$	854,858

The following table represents goodwill by reporting segment.

(in thousands)	March 31, 2023		December 31, 2022
Restaurant/Retail	$	486,347	$	486,026
Government	736		736
Total	$	487,083	$	486,762

Customers comprising 10% or more of the Company’s total revenues by reporting segment are summarized as follows:

	Three Months Ended March 31,
	2023		2022
Restaurant/Retail reporting segment:
Yum! Brands, Inc.	10	%	10	%
McDonald’s Corporation	8	%	10	%
Government reporting segment:
U.S. Department of Defense	32	%	27	%
All Others	50	%	53	%
	100	%	100	%

No other customer within All Others represented 10% or more of the Company’s total revenue for the three months ended March 31, 2023 or 2022.