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Segment Information
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Information Segment Information
Our reportable segments are Global Ecommerce, Presort Services and SendTech Solutions. The principal products and services of each reportable segment are as follows:
Global Ecommerce: Includes the revenue and related expenses from business to consumer logistics services for domestic and cross-border delivery, returns and fulfillment.
Presort Services: Includes revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail, Marketing Mail Flats and Bound Printed Matter for postal worksharing discounts.
SendTech Solutions: Includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats.
Management measures segment profitability and performance using segment earnings before interest and taxes (EBIT). Segment EBIT is calculated by deducting from segment revenue the related costs and expenses attributable to the segment. Segment EBIT excludes interest, taxes, unallocated corporate expenses, restructuring charges, asset and goodwill impairment charges and other items not allocated to a business segment. Costs related to shared assets are allocated to the relevant segments. Management believes that segment EBIT provides investors a useful measure of operating performance and underlying trends of the business. Segment EBIT may not be indicative of our overall consolidated performance and therefore, should be read in conjunction with our consolidated results of operations. The following tables provide information about our reportable segments and a reconciliation of segment EBIT to net income (loss).
Revenue
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Global Ecommerce$393,770 $418,429 $812,297 $831,515 
Presort Services138,934 134,619 299,478 277,745 
SendTech Solutions338,791 346,155 686,662 705,140 
Total revenue$871,495 $899,203 $1,798,437 $1,814,400 

EBIT
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Global Ecommerce$(28,825)$(10,831)$(42,521)$(37,207)
Presort Services12,851 16,134 32,483 35,185 
SendTech Solutions95,565 107,121 200,140 221,591 
Total segment EBIT79,591 112,424 190,102 219,569 
Reconciliation of Segment EBIT to net income (loss):  
Unallocated corporate expenses(40,761)(56,316)(98,595)(113,781)
Restructuring charges(4,224)(4,844)(8,408)(7,733)
Interest expense, net(33,540)(36,119)(67,266)(73,163)
Loss on debt redemption/refinancing— (989)(4,993)(52,383)
Gain on sale of business— 10,201 2,522 10,201 
Gain on sale of assets— 1,434 14,372 1,434 
Transaction costs(3,756)— (5,400)— 
Benefit (provision) for income taxes7,026 (4,915)2,823 9,077 
Income (loss) from continuing operations 4,336 20,876 25,157 (6,779)
Loss from discontinued operations, net of tax— (1,020)— (4,906)
Net income (loss)$4,336 $19,856 $25,157 $(11,685)
Effective for 2022, we refined our methodology for allocating transportation costs between Global Ecommerce and Presort Services, resulting in an increase to Global Ecommerce EBIT and a corresponding decrease to Presort Services EBIT of approximately $3 million and $7 million for the three and six months ended June 30, 2022, respectively.