Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Revenues $ 721,877 $ 806,668 $ 730,056
Expenses      
Cost of services (exclusive of depreciation and amortization below) 375,998 435,740 406,671
Selling, general and administrative 214,559 200,853 188,298
Depreciation and amortization 75,244 71,959 78,357
Total expenses 665,801 708,552 673,326
Operating income 56,076 98,116 56,730
Other expenses      
Interest expense, net 64,722 32,122 74,815
Other expense, net 2,879 472 532
Total other expenses 67,601 32,594 75,347
Income (loss) before income taxes (11,525) 65,522 (18,617)
Income tax expense (benefit) 144 (79,052) 2,686
Net income (loss) (11,669) 144,574 (21,303)
Less: Net loss attributable to noncontrolling interest [1] (109) 0 0
Net income (loss) attributable to HireRight Holdings Corporation $ (11,560) $ 144,574 $ (21,303)
Net income (loss) per share attributable to HireRight Holdings Corporation:      
Basic (in dollars per share) $ (0.16) $ 1.82 $ (0.35)
Diluted (in dollars per share) $ (0.16) $ 1.82 $ (0.35)
Weighted-average shares outstanding:      
Basic (in shares) 72,935,490 79,344,547 60,821,472
Diluted (in shares) 72,935,490 79,443,263 60,821,472
[1] See Note 1 — Organization, Basis of Presentation and Consolidation, and Significant Accounting Policies for a description of noncontrolling interest.