Quarterly report [Sections 13 or 15(d)]

SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

v3.25.3
SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents selected financial information with respect to the Company’s single reportable segment:


Three Months Ended September 30, Nine Months Ended September 30,
(in thousands) 2025 2024 2025 2024
Revenue $ 1,026,106  $ 916,270  $ 2,848,137  $ 2,556,539 
Less:
Cost of services provided (exclusive of depreciation and amortization below):
Employee expenses 312,249  278,296  872,326  784,868 
Materials and supplies 62,933  56,675  170,924  158,502 
Insurance and claims 11,127  16,649  48,385  49,327 
Fleet expenses 38,997  33,650  117,688  99,000 
Other cost of services provided (1)
42,144  36,622  120,122  106,038 
Total cost of services provided (exclusive of depreciation and amortization below) $ 467,450  $ 421,892  $ 1,329,445  $ 1,197,735 
Sales, general and administrative:
Selling and marketing expenses 138,881  124,388  377,309  332,749 
Administrative employee expenses 88,601  79,507  259,384  234,701 
Insurance and claims 6,929  10,045  29,872  29,659 
Fleet expenses 9,502  8,297  29,348  25,257 
Other sales, general and administrative (2)
57,491  52,681  163,600  147,156 
Total sales, general and administrative $ 301,404  $ 274,918  $ 859,513  $ 769,522 
Depreciation and amortization 32,231  27,664  93,177  82,685 
Interest expense, net 7,942  7,150  21,118  22,650 
Other (income) expense, net (350) (582) (1,334) (933)
Income tax expense 53,902  48,315  135,954  124,176 
Net income $ 163,527  $ 136,913  $ 410,264  $ 360,704 

1) Other cost of services provided includes facilities costs, professional services, maintenance and repairs, software license costs, and other expenses directly related to providing services.
2) Other sales, general and administrative includes facilities costs, professional services, maintenance and repairs, software license costs, bad debt expense, and other administrative expenses.
Schedule of Revenue from External Customers and Long-Lived Assets by Geographical Areas
The Company's long-lived tangible assets, as well as the Company's operating lease right-of-use assets recognized in the condensed consolidated statements of financial position were located as follows:

(in thousands) September 30,
2025		 December 31,
2024
United States $ 509,593  $ 503,767 
International 42,138  35,546