Schedule of Segment Financial Information |
The following tables provide financial information for our reportable segments, including a reconciliation of Adjusted EBITDA to Income (loss) from continuing operations before income taxes and equity in net income of affiliates, as reported in the Consolidated Statements of Operations, for the years ended December 31, 2023, 2022 and 2021: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Mexico | | Peru | | | | | | | | Corporate | | Total | 2023 | | | | | | | | | | | | | | | | Revenues | | | $ | 782,611 | | | $ | 701,699 | | | | | | | | | $ | (22) | | | $ | 1,484,288 | | | | | | | | | | | | | | | | | | Depreciation and amortization expense | | | 39,421 | | | 27,951 | | | | | | | | | 2,246 | | | 69,618 | | Loss on impairment of assets | | | 1,620 | | | — | | | | | | | | | 1,453 | | | 3,073 | | Total assets | | | 1,396,605 | | | 559,428 | | | | | | | | | 169,583 | | | 2,125,616 | | Expenditures for long-lived assets | | | 37,411 | | | 18,980 | | | | | | | | | 66 | | | 56,457 | | 2022 | | | | | | | | | | | | | | | | Revenues | | | $ | 613,942 | | | $ | 624,238 | | | | | | | | | $ | 4,091 | | | $ | 1,242,271 | | | | | | | | | | | | | | | | | | Depreciation and amortization expense | | | 31,369 | | | 23,953 | | | | | | | | | 3,810 | | | 59,132 | | Loss on impairment of assets | | | 144 | | | — | | | | | | | | | — | | | 144 | | Total assets | | | 1,220,630 | | | 536,141 | | | | | | | | | 215,466 | | | 1,972,237 | | Expenditures for long-lived assets | | | 36,045 | | | 16,777 | | | | | | | | | 246 | | | 53,068 | | 2021 | | | | | | | | | | | | | | | | Revenues | | | $ | 540,429 | | | $ | 537,056 | | | | | | | | | $ | 9,216 | | | $ | 1,086,701 | | | | | | | | | | | | | | | | | | Depreciation and amortization expense | | | 29,461 | | | 24,196 | | | | | | | | | 47,574 | | | 101,231 | | Loss on impairment of assets | | | 9,319 | | | — | | | | | | | | | 63,169 | | | 72,488 | | Expenditures for long-lived assets | | | 23,121 | | | 19,029 | | | | | | | | | 2,895 | | | 45,045 | |
| | | | | | | | | | | | | | | | | | For the years ended December 31, | 2023 | | 2022 | | 2021 | Adjusted EBITDA of reportable segments: | | | | | | | | | | | | Mexico | $ | 176,954 | | | $ | 123,368 | | | $ | 95,812 | | Peru | 286,850 | | | 266,660 | | | 245,677 | | | | | | | | | | | | | | | | | | | | Total Adjusted EBITDA of reportable segments | 463,804 | | | 390,028 | | | 341,489 | | Reconciling items: | | | | | | Corporate | (45,177) | | | (51,151) | | | (88,102) | | Depreciation and amortization expense | (69,618) | | | (59,132) | | | (101,231) | | Loss on impairment of assets | (3,073) | | | (144) | | | (72,488) | | Share-based compensation expense | (7,114) | | | (8,776) | | | (8,895) | | EiP expenses | — | | | (813) | | | (75,420) | | | | | | | | Operating income (loss) | 338,822 | | | 270,012 | | | (4,647) | | Interest income | 9,085 | | | 7,567 | | | 4,378 | | Interest expense | (20,986) | | | (16,418) | | | (46,275) | | | | | | | | Other (expense) income, net | (325) | | | 770 | | | (1,695) | | Foreign currency exchange (loss) gain, net | (75,702) | | | (17,444) | | | 13,791 | | Gain (loss) on disposals of subsidiaries, net | 3,567 | | | 1,364 | | | (602) | | Loss on debt extinguishment | — | | | — | | | (77,940) | | Loss on derivatives, net | — | | | — | | | (24,517) | | Income (loss) from continuing operations before income taxes and equity in net income of affiliates | $ | 254,461 | | | $ | 245,851 | | | $ | (137,507) | |
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