Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

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 net (loss) income.

	Revenue
	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Global Ecommerce	$	312,754	$	393,770	$	661,145	$	812,297
Presort Services	143,107		138,934		302,009		299,478
SendTech Solutions	320,620		338,791		647,865		686,662
Total revenue	$	776,481	$	871,495	$	1,611,019	$	1,798,437

Schedule of Reconciliation of EBIT From Segments to Consolidated Statements

	Adjusted Segment EBIT
	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Global Ecommerce	$	(38,115)	$	(28,825)	$	(72,321)	$	(42,521)
Presort Services	20,429		12,851		47,334		32,483
SendTech Solutions	97,480		95,565		194,151		200,140
Total adjusted segment EBIT	79,794		79,591		169,164		190,102
Reconciliation of adjusted segment EBIT to net (loss) income:
Unallocated corporate expenses	(47,709)		(40,761)		(104,058)		(98,595)
Restructuring charges	(22,443)		(4,224)		(26,042)		(8,408)
Interest expense, net	(37,683)		(33,540)		(74,561)		(67,266)
Proxy solicitation fees	(4,538)		—		(10,905)		—
Goodwill impairment	(118,599)		—		(118,599)		—
Gain (loss) on debt redemption/refinancing	228		—		3,064		(4,993)
Gain on sale of assets	—		—		—		14,372
Loss on sale of businesses, including transaction costs	—		(3,756)		—		(2,878)
Benefit for income taxes	9,415		7,026		12,665		2,823
Net (loss) income	$	(141,535)	$	4,336	$	(149,272)	$	25,157