Business and Geographic Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of segment financial information

The following tables provide financial information for our reportable segments, including a reconciliation of Adjusted EBITDA to Income from continuing operations before income taxes and equity in net income of affiliates, as reported in the Consolidated Statements of Operations:


	For the three months ended				For the six months ended
	June 30,				June 30,
	2023		2022		2023		2022
Revenues
Mexico	$	192,135	$	144,659	$	374,098	$	287,209
Peru	269,997		239,154		339,230		304,557
Corporate	(65)		1,568		(6)		3,178
Total Revenues	$	462,067	$	385,381	$	713,322	$	594,944
Adjusted EBITDA of reportable segments
Mexico	$	38,197	$	19,455	$	87,143	$	56,406
Peru	147,169		136,311		140,714		140,140
Total Adjusted EBITDA of reportable segments	185,366		155,766		227,857		196,546
Reconciling items:
Corporate	(9,965)		(11,670)		(18,981)		(25,295)
Depreciation and amortization expense	(17,317)		(14,792)		(34,038)		(29,158)
Loss on impairment of assets	(1,620)		—		(1,620)		(144)
Share-based compensation expense	(1,975)		(2,360)		(3,100)		(5,122)
EiP expenses	—		(303)		—		(1,152)
Operating income	154,489		126,641		170,118		135,675
Interest income	1,951		1,685		4,109		3,653
Interest expense	(6,137)		(4,164)		(12,089)		(7,895)


Other (expense) income, net	(129)		246		132		(980)
Foreign currency loss, net	(32,357)		(14,451)		(61,309)		(18,052)
Gain on disposal of subsidiaries, net	1		1,461		307		1,461
Income from continuing operations before income taxes and equity in net income of affiliates	$	117,818	$	111,418	$	101,268	$	113,862

Schedule of long-lived assets by geographic areas


	June 30, 2023		December 31, 2022
Assets
Mexico	$	1,386,524	$	1,220,630
Peru	595,439		536,141
Corporate	188,928		215,466
Total assets	$	2,170,891	$	1,972,237