Verra Mobility (VRRM) 10-K 1 Mar 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Feb. 24, 2021	Jun. 30, 2020
Cover [Abstract]
Entity Registrant Name	VERRA MOBILITY CORPORATION
Entity Central Index Key	0001682745
Document Type	10-K
Document Period End Date	Dec. 31, 2020
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity File Number	001-37979
Entity Tax Identification Number	81-3563824
Entity Address, Address Line One	1150 North Alma School Road
Entity Address, City or Town	Mesa
Entity Address, State or Province	AZ
Entity Address, Postal Zip Code	85201
City Area Code	480
Local Phone Number	443-7000
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Trading Symbol	VRRM
Entity Common Stock, Shares Outstanding		162,268,865
Entity Interactive Data Current	Yes
Title of 12(b) Security	Class A Common Stock, par value $0.0001 per share
Security Exchange Name	NASDAQ
Entity Incorporation, State or Country Code	DE
Document Annual Report	true
Document Transition Report	false
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Entity Public Float			$ 1,366,421,691
ICFR Auditor Attestation Flag	true
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s proxy statement to be filed in connection with its annual meeting of stockholders to be held May 25, 2021 are incorporated by reference into Part III of this Form 10-K.

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 120,259	$ 131,513
Restricted cash	633	917
Accounts receivable (net of allowance for credit loss of $11.5 million and $7.6 million at December 31, 2020 and 2019, respectively)	168,783	93,514
Unbilled receivables	14,045	20,003
Prepaid expenses and other current assets	24,317	26,491
Total current assets	328,037	272,438
Installation and service parts, net	7,944	8,841
Property and equipment, net	70,284	72,266
Operating lease assets	29,787	32,177
Intangible assets, net	342,139	434,443
Goodwill	586,435	584,150
Other non-current assets	2,699	3,111
Total assets	1,367,325	1,407,426
Current liabilities:
Accounts payable	34,509	50,825
Accrued liabilities	15,636	19,547
Payable to related party pursuant to tax receivable agreement, current portion	4,791	5,730
Current portion of long-term debt	9,104	28,779
Total current liabilities	64,040	104,881
Long-term debt, net of current portion	832,941	837,686
Operating lease liabilities, net of current portion	27,986	30,130
Payable to related party pursuant to tax receivable agreement, net of current portion	67,869	61,174
Asset retirement obligation	6,409	6,309
Deferred tax liabilities, net	21,148	25,716
Other long-term liabilities	494	2,183
Total liabilities	1,020,887	1,068,079
Commitments and contingencies (Note 17)
Stockholders' equity
Preferred stock, $.0001 par value, 1,000 shares authorized with no shares issued and outstanding at December 31, 2020 and 2019
Common stock, $.0001 par value, 260,000 shares authorized with 162,269 and 159,150 shares issued and outstanding at December 31, 2020 and 2019, respectively	16	16
Common stock contingent consideration	36,575	54,862
Additional paid-in capital	393,995	367,266
Accumulated deficit	(84,359)	(80,220)
Accumulated other comprehensive income (loss)	211	(2,577)
Total stockholders' equity	346,438	339,347
Total liabilities and stockholders' equity	$ 1,367,325	$ 1,407,426

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2020	Dec. 31, 2019
Statement Of Financial Position [Abstract]
Allowance for credit loss	$ 11.5	$ 7.6
Preferred stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized	260,000,000	260,000,000
Common stock, shares issued	162,269,000	159,150,000
Common stock, shares outstanding	162,269,000	159,150,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($) shares in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Total revenue	$ 100,163,000	$ 96,908,000	$ 79,809,000	$ 116,713,000	$ 112,461,000	$ 128,240,000	$ 109,575,000	$ 98,461,000	$ 393,593,000	$ 448,737,000	$ 370,146,000
Operating expenses									115,729,000	125,640,000	108,883,000
Selling, general and administrative expenses									89,664,000	85,493,000	136,069,000
Depreciation, amortization and (gain) loss on disposal of assets, net									116,844,000	115,771,000	103,353,000
Impairment of property and equipment									0	5,898,000	0
Total costs and expenses									355,777,000	352,282,000	357,540,000
Income from operations	10,085,000	15,268,000	(6,950,000)	19,413,000	24,194,000	36,659,000	17,636,000	17,966,000	37,816,000	96,455,000	12,606,000
Interest expense, net									40,865,000	60,729,000	69,550,000
Tax receivable agreement liability adjustment									6,850,000	(106,000)
Loss on extinguishment of debt											26,486,000
Other income, net									(11,885,000)	(11,092,000)	(8,795,000)
Total other expenses									35,830,000	49,531,000	87,241,000
Income (loss) before income tax provision (benefit)									1,986,000	46,924,000	(74,635,000)
Income tax provision (benefit)									5,431,000	13,581,000	(16,241,000)
Net (loss) income	$ (1,416,000)	$ 6,686,000	$ (15,388,000)	$ 6,673,000	$ 9,180,000	$ 17,752,000	$ 3,591,000	$ 2,820,000	(3,445,000)	33,343,000	(58,394,000)
Other comprehensive income (loss):
Change in foreign currency translation adjustment									2,788,000	3,244,000	(5,821,000)
Total comprehensive (loss) income									$ (657,000)	$ 36,587,000	$ (64,215,000)
Net (loss) income per share:
Basic									$ (0.02)	$ 0.21	$ (0.67)
Diluted									$ (0.02)	$ 0.21	$ (0.67)
Weighted average shares outstanding:
Basic									161,632	157,890	87,320
Diluted									161,632	161,522	87,320
Service Revenue
Total revenue									$ 336,274,000	$ 416,723,000	$ 365,076,000
Cost of revenue									3,967,000	5,561,000	5,788,000
Product Sales
Total revenue									57,319,000	32,014,000	5,070,000
Cost of revenue									$ 29,573,000	$ 13,919,000	$ 3,447,000

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Common StockPlatinum Stockholder	Common Stock Contingent Consideration	Common Stock Contingent ConsiderationPlatinum Stockholder	Additional Paid-in Capital	Additional Paid-in CapitalPlatinum Stockholder	Accumulated Deficit	Accumulated DeficitCumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2017	$ 147,264		$ 6				$ 129,020		$ 18,238
Beginning Balance (in shares) at Dec. 31, 2017			60,484
Net income (loss)	(58,394)								(58,394)
Stock issued in exchange for business acquisitions	117,555		$ 1				117,554
Stock issued in exchange for business acquisitions (in shares)			12,420
Equity infusion from Gores	403,294		$ 4				403,290
Equity infusion from Gores (in shares)			39,675
Private placement	400,000		$ 5				399,995
Private placement (in shares)			43,478
Gores Holdings rollover equity	(34)						(34)
Capital contribution from Greenlight	169,259						169,259
Return of capital to Greenlight stockholders	(779,270)						(779,270)
Common stock contingent consideration					$ 73,150				(73,150)
Tax receivable payable to Greenlight stockholders	(69,996)						(69,996)
Underwriting fees	(15,345)						(15,345)
Transaction costs incurred by Gores	(8,728)						(8,728)
Stock-based compensation	2,272						2,272
Other comprehensive income (loss), net of tax	(5,821)										$ (5,821)
Ending Balance at Dec. 31, 2018	302,056		$ 16		73,150		348,017		(113,306)		(5,821)
Ending Balance (Accounting Standards Update 2014-09) at Dec. 31, 2018		$ (257)								$ (257)
Ending Balance (in shares) at Dec. 31, 2018			156,057
Net income (loss)	33,343								33,343
Adjustment to equity infusion from Gores	(7,001)						(7,001)
Adjustment to tax receivable agreement liability	2,940						2,940
Stock issued in exchange for business acquisitions						$ (18,288)		$ 18,288
Stock issued in exchange for business acquisitions (in shares)				2,500
Vesting of restricted stock units (RSUs) (in shares)			593
Payment of employee tax withholding related to RSUs vesting	(4,990)						(4,990)
Stock-based compensation	10,012						10,012
Other comprehensive income (loss), net of tax	3,244										3,244
Ending Balance at Dec. 31, 2019	339,347		$ 16		54,862		367,266		(80,220)		(2,577)
Ending Balance (Accounting Standards Update 2016-13) at Dec. 31, 2019		$ (694)								$ (694)
Ending Balance (in shares) at Dec. 31, 2019			159,150
Net income (loss)	(3,445)								(3,445)
Stock issued in exchange for business acquisitions						$ (18,287)		$ 18,287
Stock issued in exchange for business acquisitions (in shares)				2,500
Vesting of restricted stock units (RSUs) (in shares)			619
Payment of employee tax withholding related to RSUs vesting	(4,147)						(4,147)
Stock-based compensation	12,589						12,589
Other comprehensive income (loss), net of tax	2,788										2,788
Ending Balance at Dec. 31, 2020	$ 346,438		$ 16		$ 36,575		$ 393,995		$ (84,359)		$ 211
Ending Balance (in shares) at Dec. 31, 2020			162,269

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities:
Net (loss) income	$ 33,343,000	$ (58,394,000)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	115,566,000	103,346,000
Amortization of deferred financing costs and discounts	6,641,000	9,168,000
Impairment of property and equipment	5,898,000	0
Tax receivable agreement liability adjustment	(106,000)
Credit loss expense	8,100,000	6,025,000
Deferred income taxes	(10,894,000)	(24,435,000)
Stock-based compensation	10,012,000	2,272,000
Loss on extinguishment of debt		26,486,000
Installation and service parts expense	1,166,000	1,238,000
Accretion expense	350,000	396,000
Loss on disposal of assets	205,000	7,000
Changes in operating assets and liabilities:
Accounts receivable, net	(12,662,000)	(23,721,000)
Unbilled receivables	(6,428,000)	(6,124,000)
Prepaid expenses and other assets	(7,150,000)	2,115,000
Accounts payable and accrued liabilities	(8,194,000)	7,125,000
Other liabilities	(2,045,000)	513,000
Net cash provided by operating activities	133,802,000	46,017,000
Cash Flows from Investing Activities:
Acquisitions, net of cash and restricted cash acquired	(25,519,000)	(536,699,000)
Purchases of installation and service parts and property and equipment	(29,685,000)	(26,576,000)
Cash proceeds from the sale of assets	231,000	418,000
Net cash used in investing activities	(54,973,000)	(562,857,000)
Cash Flows from Financing Activities:
Borrowings on revolver		468,000
Repayment on revolver		(468,000)
Borrowings of long-term debt		1,103,800,000
Repayment of long-term debt	(9,104,000)	(654,851,000)
Payment of debt issuance costs	(426,000)	(31,753,000)
Payment of debt extinguishment costs		(12,187,000)
Payment of employee tax withholding related to RSUs vesting	(4,990,000)
Capitalization from merger with Gores Holdings		803,294,000
Payment of underwriting and transaction costs		(24,024,000)
Capital contribution from Greenlight		169,259,000
Distribution to selling shareholders		(779,270,000)
Net cash (used in) provided by financing activities	(14,520,000)	574,268,000
Effect of exchange rate changes on cash and cash equivalents	1,040,000	(856,000)
Net (decrease) increase in cash, cash equivalents and restricted cash	65,349,000	56,572,000
Cash, cash equivalents and restricted cash - beginning of period	67,081,000	10,509,000
Cash, cash equivalents and restricted cash - end of period	132,430,000	67,081,000
Supplemental cash flow information:
Interest paid	55,197,000	60,441,000
Income taxes paid, net of refunds	24,357,000	762,000
Supplemental non-cash investing and financing activities:
Earn-out shares issued to Platinum Stockholder	18,288,000
Additions to ARO, property and equipment, and other	230,000	147,000
Purchases of installation and service parts and property and equipment in accounts payable and accrued liabilities at year-end	4,204,000	3,179,000
Tenant improvement allowance included in property and equipment	581,000
Gores equity infusion working capital adjustment payable to related party	7,001,000
Reduction to tax receivable agreement liability	$ 2,940,000
Capital contributions received in Greenlight Acquisition Corporation common stock		117,555,000
Tax receivable agreement established upon merger		$ 69,996,000

Basis of Presentation and Descr

Basis of Presentation and Description of Business	12 Months Ended
	Dec. 31, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation and Description of Business	1. Description of Business Verra Mobility Corporation (collectively with its subsidiaries, the “ Company Verra Mobility Gores IPO Nasdaq On June 21, 2018, Gores entered into an Agreement and Plan of Merger (as amended, the “ Merger Agreement ”) with Greenlight Holding II Corporation (“ Greenlight ”), PE Greenlight Holdings, LLC, AM Merger Sub I, Inc., a direct, wholly-owned subsidiary of Gores and AM Merger Sub II, LLC, a direct, wholly-owned subsidiary of Gores. On October 17, 2018, the transactions contemplated by the Merger Agreement (the “ Business Combination ”) were consummated. In connection with the closing of the Business Combination, Gores changed its name to Verra Mobility Corporation. As a result of the Business Combination, Verra Mobility Corporation became the owner, directly or indirectly, of all of the equity interests of Verra Mobility Holdings, LLC and its subsidiaries. Verra Mobility offers integrated technology solutions and services to commercial fleets, rental car companies and state and local governments. The Company has customers located throughout the United States, Canada and Europe. The Company is organized into two operating segments: Commercial Services and Government Solutions (see Note 18). The Commercial Services segment offers toll and violation management solutions for the commercial fleet and rental car industries by partnering with the leading fleet management and rental car companies in North America. Electronic toll payment services enable fleet drivers and rental car customers to use high-speed cashless toll lanes or all-electronic cashless toll roads. The service helps commercial fleets reduce toll management costs, while it provides rental car companies with a revenue-generating, value-added service for their customers. Electronic violation processing services reduce the cost and risk associated with vehicle-issued violations, such as toll, parking or camera-enforced tickets. Title and registration services offer title and registration processing for individuals, rental car companies and fleet management companies. In Europe, the Company provides violations processing through Euro Parking Collection plc (“ EPC Pagatelia The Government Solutions segment provides complete, end-to-end red-light, speed, school bus stop arm and bus lane enforcement solutions. The Company’s programs are designed to reduce traffic violations and resulting collisions, injuries, and fatalities. The Company implements and administers traffic safety programs for municipalities, counties, school districts and law enforcement agencies of all sizes.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company prepared in accordance with GAAP. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the consolidated financial statements reflect all adjustments, which are normal and recurring in nature, necessary for fair financial statement presentation. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant items subject to such estimates and assumptions include the fair values assigned to net assets acquired (including identifiable intangibles) in business combinations, the carrying amounts of long-lived assets and goodwill, the carrying amount of installation and service parts, the allowance for credit loss, valuation allowances on deferred tax assets, asset retirement obligations, contingent consideration and the recognition and measurement of loss contingencies. Management believes that its estimates and assumptions are reasonable in the circumstances; however, actual results could differ materially from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with a remaining maturity of three months or less when acquired to be cash equivalents. Restricted Cash The Company collects citation fees for customers under certain contracts, which it deposits daily into Company bank accounts and transfers to customer-owned bank accounts on a continuous basis. Restricted cash represents customer cash collected but not yet remitted to the customer. Restricted cash is classified as a current asset and the corresponding liability due to customers is classified in current liabilities. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash and cash equivalents, accounts receivable and unbilled receivables. The Company limits cash and cash equivalents to highly rated financial institutions. Significant customers are those which represent more than 10% of the Company’s total revenue and accounts receivable. Revenue from one of the Government Solutions customers as a percent of total revenue is presented below for the years ended December 31, 2020, 2019 and 2018, respectively: For the Year Ended December 31, 2020 2019 2018 City of New York Department of Transportation 31.3 % 14.6 % 9.3 % As of December 31, 2020, the City of New York Department of Transportation (“ NYCDOT 58.9 Legacy Contract Emergency Contract $28.8 $20.5 $52.6 million $17.4 amounts were deemed collectible based on current conditions and expectations. For additional information on the risks and uncertainties relating to our contracts with NYCDOT, please see the risk factor entitled “ The New York City Law Department recently advised us that the City of New York is investigating certain aspects of our installation work for our largest customer, NYCDOT ” set forth in Part I, Item 1A. “ Risk Factors .” Significant customer revenue generated through the Company’s Commercial Services partners as a percent of total revenue is presented below for the years ended December 31, 2020, 2019 and 2018, respectively: For the Year Ended December 31, 2020 2019 2018 Hertz Corporation 12.0 % 18.7 % 19.3 % Avis Budget Group, Inc. 9.5 % 14.5 % (a) Enterprise Holdings, Inc. 11.3 % 13.5 % (a) (a) These two customers were part of the Company’s 2018 acquisition of Highway Toll Administration, LLC and Canada Highway Toll Administration. Allowance for Credit Loss Accounts receivable and unbilled receivables are uncollateralized customer obligations arising from the sale of products or services. Accounts receivable and unbilled receivables have normal trade terms of less than one year and are initially stated at the amounts billed to the customers and subsequently measured at amortized cost net of allowance for credit loss. Unbilled receivables are recorded when revenues have been earned but have not been included on a customer invoice through the end of the current period. Unbilled receivables generally represents commercial tolls and violations paid by the Company on a behalf of rental car and fleet management customers that will be invoiced in future periods. The Company reviews historical loss rates, customer payment trends and collection rates on customer balances in accordance with the new current expected credit losses (“ CECL No The Company identified portfolio segments based on the type of business, industry in which the customer operates and historical credit loss patterns. The following presents by portfolio segment accounts receivable, net and the activity in the allowance for credit loss for the year ended December 31, 2020: ($ in thousands) Commercial Services (Driver-billed) (1) Commercial Services (All other) Government Solutions Total Accounts receivable, net at January 1, 2020 (2) $ 9,793 $ 51,158 $ 31,744 $ 92,695 Allowance for credit loss at January 1, 2020 (2) $ 5,272 $ 1,406 $ 1,778 $ 8,456 Credit loss expense 6,554 4,941 2,892 14,387 Write-offs, net of recoveries (8,616 ) (2,074 ) (686 ) (11,376 ) Allowance for credit loss at December 31, 2020 $ 3,210 $ 4,273 $ 3,984 $ 11,467 Accounts receivable, net at December 31, 2020 $ 11,060 $ 48,169 $ 109,554 $ 168,783 (1) (2) The allowance for credit loss at December 31, 2020 includes $14.4 million of expense for total expected credit losses offset by write-offs, net of recoveries for the fiscal year. The increase in accounts receivable, net in the Government Solutions portfolio segment is due to NYCDOT discussed above, which the Company believes is not at risk of non-payment based on current conditions and expectations . The allowance for doubtful accounts developed under the legacy incurred loss model was $7.6 million as of December 31, 2019. Fair Value of Financial Instruments ASC Topic 820, Fair Value Measurement, Level 1 – Fair value is based on observable inputs such as quoted prices for identical assets or liabilities in active markets. Level 2 – Fair value is determined using quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active or inputs other than quoted prices that are directly or indirectly observable. Level 3 – Fair value is determined using one or more significant inputs that are unobservable in active markets at the measurement date, such as a pricing model, discounted cash flow, or similar technique. The carrying amounts reported in the Company’s consolidated balance sheets for cash, accounts receivable, accounts payable and accrued expenses approximate fair value due to the immediate to short-term maturity of these financial instruments. The estimated fair value of the Company’s New First Lien Term Loan as of December 31, 2020 and 2019 was categorized in Level 2 of the fair value hierarchy and was calculated based upon available market information. The carrying value and fair value of long-term debt is as follows: Level in December 31, 2020 December 31, 2019 Fair Value Carrying Estimated Carrying Estimated ($ in thousands) Hierarchy Amount Fair Value Amount Fair Value Total long-term debt 2 $ 842,045 $ 861,314 $ 866,465 $ 905,601 Installation and Service Parts Installation and service parts consist of components used in the construction and maintenance of our photo enforcement systems. Installation and service parts are stated at cost and are reclassified to property and equipment upon initiation of construction. Installation and service parts used in repairs and maintenance are recorded in operating expenses. Property and Equipment Property and equipment are stated at cost less accumulated depreciation. All repairs and maintenance costs are expensed as incurred. Depreciation is recorded on a straight-line basis over the estimated useful lives of the related assets as follows: Building 39 years Equipment installed at customer sites 3-7 years Computer equipment 3-5 years Furniture 5-10 years Automobiles 5-6 years Software 3-5 years Leasehold improvements Shorter of lease term or estimated useful life Equipment installed at customer sites includes certain installation costs that qualify for capitalization. Software costs include certain internal and external costs associated with the development of software that are incurred during the application development stage. In addition, a modification or upgrade to existing software is capitalized only to the extent it results in additional functionality to existing software. Software maintenance and training costs are expensed as incurred. The Company capitalized internally developed software costs of $5.1 million, $2.1 million and $2.2 million during fiscal years 2020, 2019, and 2018 respectively. Goodwill Goodwill represents the excess of the purchase price over the estimated fair value of net tangible and identifiable intangible assets acquired in business combinations. Goodwill is assessed for impairment at least annually at the reporting unit level or more frequently if events or changes in circumstances indicate the carrying value may not be recoverable. If, based on a qualitative analysis, it is determined more-likely-than-not that the fair value of the reporting unit is less than its carrying amount, a one-step quantitative impairment test is performed in accordance with ASU 2017-04. Application of the goodwill impairment test requires judgment, including the identification of reporting units, the assignment of assets (including goodwill) to those reporting units and the determination of the fair value of each reporting unit. The date of the Company’s annual impairment analysis is October 1. As described in Note 18, the Company has two operating segments, which are also the Company’s reporting units. We adopted ASU 2017-04 as of January 1, 2020 as discussed in Recent Accounting Pronouncements Goodwill and Intangibles Assets Intangible Assets Intangible assets represent existing customer relationships, trademarks, developed technology and non-compete agreements. Intangible assets are amortized over their respective estimated useful lives on a straight-line basis, which approximates the utilization of their expected future benefits. Amortization of intangible assets is included in depreciation, amortization and (gain) loss on disposal of assets, net in the consolidated statements of operations. The Company annually evaluates the estimated remaining useful lives of its intangible assets to determine whether events or changes in circumstances warrant a revision to the remaining period of amortization. Impairment of Long-Lived Assets The Company reviews its long-lived assets (including intangible assets with finite useful lives and installation and service parts) for impairment whenever events or circumstances indicate that the carrying amount of an asset or an asset group may not be fully recoverable. The Company assesses recoverability by comparing the estimated undiscounted future cash flows expected to be generated by the asset or asset group with its carrying value. If the carrying value of the asset or asset group exceeds the estimated undiscounted future cash flows, an impairment loss is recognized for the difference between the estimated fair value and the carrying value. The state of Texas passed legislation as of June 1, 2019 to ban red-light photo enforcement programs across the state, with certain carve-outs for some existing programs. The Company considered this a triggering event for potential impairment and evaluated the recoverability of property and equipment used in the operations of red-light photo enforcement programs in Texas. As a result, the Company recognized an impairment charge in the Government Solutions segment of $5.9 million for fiscal year 2019, which is included in impairment of property and equipment in the consolidated statements of operations. We did not have impairment losses on long-lived assets for the years ended December 31, 2020 or December 31, 2018. Self-Insurance The Company is self-insured for medical costs and has stop-loss insurance policies to limit its exposure to individual and aggregate claims made. Liabilities for these programs are estimated based on outstanding claims and claims estimated to be incurred but not yet reported using historical loss experience. These estimates are subject to variability due to changes in trends of losses for outstanding claims and incurred but not reported claims, including external factors such as the number, and cost of, claims, benefit level changes and claim settlement patterns. Asset Retirement Obligation The Company records obligations to perform certain retirement activities on camera and speed enforcement systems in the period that the related assets are placed in service. Asset retirement obligations are contractual obligations to restore property to its initial state. These obligations, which are initially estimated based on discounted cash flow estimates, are accreted to full value over time through charges to operating expenses in the consolidated statements of operations. The associated asset retirement obligation is capitalized as part of the related asset’s carrying value and is depreciated over the asset’s estimated remaining useful life. Deferred Financing Costs Deferred financing costs consist of the costs incurred to obtain long-term financing, including the Company’s credit facilities (See Note 9). These costs, which are a reduction to long-term debt on the consolidated balance sheets, are amortized over the term of the related debt, using the effective interest method for term debt and the straight-line method for revolving credit facilities. Amortization of deferred financing costs for fiscal years 2020, 2019 and 2018 was $5.4 million, $6.6 million, and $9.2 million respectively. Income Taxes The Company accounts for income taxes under the asset and liability method. This approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of differences between the tax basis of assets or liabilities and their carrying amounts in the financial statements. Deferred tax assets generally represent items that can be used as a tax deduction or credit in tax return in future years, while deferred tax liabilities generally represent items that generate a future tax liability for items where deductions have been accelerated for tax purposes. The Company provides a valuation allowance for deferred tax assets if it is more likely than not that some portion or all of the tax assets will not be realized The Company’s effective tax rate is based on income, statutory tax rates, differences in the deductibility of certain expenses and inclusion of certain income items between financial statement and tax return purposes, and tax planning opportunities available to it in the various jurisdictions in which it operates. Under GAAP, if the Company determines that a tax position is more likely than not of being sustained upon audit, based solely on the technical merits of the position, the Company recognizes the benefit. Tax code and regulations require certain items to be included in the tax return at different times than when those items are required to be recorded in the consolidated financial statements. As a result, the effective tax rate reflected in its consolidated financial statements is different from that reported in its tax returns. Some of these differences are permanent, such as meals and entertainment expenses that are not fully deductible on the Company’s tax returns, and some are temporary differences, such as depreciation expense. Temporary differences create deferred tax assets and liabilities. The Company recognizes benefits on uncertain tax positions if it is more likely than not that such positions will be sustained upon examination based solely on their technical merits. The Company’s policy is to recognize interest and penalties related to the underpayment of income taxes as a component of income tax expense or benefit. Stock-based Compensation In October 2018, the Company established the Verra Mobility 2018 Equity Incentive Plan (the “ 2018 Plan RSUs PSUs The Company recognizes the fair value of RSUs based on the Company’s common stock price at market close on the date of the grant. The Company uses the Black-Scholes model to determine the fair value of stock options, and uses the Monte Carlo simulation model to determine the fair value of PSUs containing market conditions. The Black-Scholes model requires an assumption regarding the expected life of the stock option, which the Company estimated to be 6.25 years by applying the short-cut method permitted under SEC Staff Accounting Bulletin No. 110. The expected term of the PSUs granted in 2020 was three years, which matches the awards’ performance period. RSUs and stock options vest based on the continued service of the recipient. PSUs are issued upon continued service along with the relative satisfaction of a market condition that measures the Company’s total stockholder return relative to a comparably calculated return for a peer group during the performance period. In addition, the Black-Scholes and the Monte Carlo models require assumptions to be made regarding the expected volatility of the Company’s stock price. Stock price volatility is determined by averaging an implied volatility with a measure of historical volatility. Stock options granted in 2020 had an expected volatility that ranged from approximately 30% to 60% and the risk-free rate ranged from approximately 0.40% to 0.70%. The expected volatility of PSUs granted in 2020 was approximately 35% and the risk-free rate used was approximately 0.60%. Stock-based compensation expense for share-based awards is determined based on the grant date fair value. The Company recognizes these compensation costs on a straight-line basis over the requisite service period of the award, which is generally the vesting term of the share based payment award. The compensation expense for the PSUs is recognized over the requisite service period regardless of whether the market condition is satisfied. Forfeitures are accounted for as they occur. See Note 14, Equity Incentive Plan . Revenue Recognition Nature of Goods and Services The following is a description of principal activities – separated by reportable segments – from which the Company generates revenue: a) b) For bundled packages, the Company accounts for individual products and services separately if they are distinct – i.e., if a product or service is separately identifiable from other items in the bundle and if a customer can benefit from it as a stand-alone item. The consideration is allocated between separate products and services in a bundle based on their stand-alone selling prices (“ SSP o o Service revenue – The Company determined its performance obligation is to provide a complete end-to-end safety and enforcement solution. Promises include providing a system to capture images, processing images taken by the camera, forwarding eligible images to the local police department and processing payments on behalf of the municipality. The Company determined that certain of the promises to its customers are capable of being distinct, as they may provide some measure of benefit to the customer either on their own or together with other resources that are readily available to the customer. However, the Company determined that the promises to its customers do not meet the criterion of being distinct within the context of its contracts. The Company would not be able to fulfill its promises individually, as its customers could not obtain the intended benefit from the contract without the Company fulfilling all promises. Accordingly, the Company concluded that each contract represents one service offering and is a single performance obligation to our customer. Further, the Company accounts for all the services as a single continuous service. The Company applies the series guidance for those services as it stands ready to deliver those services over the contract period. The Company recognizes revenue from services over time, as they are performed. Remaining Performance Obligations As of December 31, 2020, the Company had approximately $0.2 million of remaining performance obligations in the Government Solutions segment, which include amounts that will be invoiced and recognized in future periods. The remaining performance obligations are limited only to arrangements that meet the definition of a contract under ASC 606 as of December 31, 2020. As these amounts relate to the initial deferral of revenue under a contract, the Company expects to recognize these amounts over a two month period at the end of the contract. Significant Judgments Judgments are required in order to estimate transaction prices. Additional judgments are required for identifying the performance obligations and determining whether the services provided are able to be distinct, determining the transaction price as it relates to the different variable consideration structures identified in our contracts, the estimation of the SSP and the allocation of the transaction price by relative SSPs. Assumptions regarding timing of when control transfers to the customer also requires judgment in order to recognize revenue. Credit Card Rebates The Company earns volume rebates from total spend on purchasing cards and recognizes the income in other income, net in the consolidated statements of operations. For the fiscal years ended December 31, 2020, 2019 and 2018, the Company recorded $8.5 million, $11.8 million, and $8.9 million respectively, related to rebates. Advertising Costs The Company expenses advertising costs as incurred. Advertising costs for the fiscal years ended December 31, 2020, 2019 and 2018, were $0.8 million, $2.3 million, $1.4 million, respectively and were included in selling, general, and administrative expenses in the consolidated statements of operations. Foreign Currency The assets and liabilities of our foreign subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at current exchange rates while revenue and expenses are translated from functional currencies at average monthly exchange rates. The resulting translation adjustments are recorded in accumulated other comprehensive income (loss) in stockholders’ equity. Certain assets and liabilities denominated in foreign currencies that differ from their functional currencies are re-measured at the exchange rate on the balance sheet date. The foreign currency effect of the re-measurement of these assets and liabilities is included in other income, net in the consolidated statements of operations. The impact of foreign currency re-measurements was gains (losses) of $0.4 million, $(0.6) million and $(0.1) million for the fiscal years ended December 31, 2020, 2019 and 2018, respectively. Acquisitions The Company applies the asset acquisition method to account for business acquisitions. The Company allocates the fair value of the purchase price consideration to assets acquired and liabilities assumed based on their estimated fair values. The excess of the purchase consideration over the fair value of the identifiable assets and liabilities is recorded as goodwill. The determination and allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions and valuation methodologies requiring considerable management judgment, and includes the use of independent valuation specialists to assist the Company in estimating fair values of acquired tangible and intangible assets. Although the Company believes that the assumptions applied in the determination are reasonable based on information available at the date of acquisition, actual results may differ from estimates. Segment Information The Company determined it has two operating and reportable segments (Commercial Services and Government Solutions) for which discrete financial information is available and is regularly reviewed by the Company’s chief operating decision maker function (“ CODM Recent Accounting Pronouncements Accounting Standards Adopted In January 2017, the Financial Accounting Standards Board (“ FASB ASU Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment year Goodwill and Intangible Assets In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, CECL The Company adopted the CECL standard as of January 1, 2020 through a cumulative effect adjustment of $0.7 million, net of tax, to the opening balance of accumulated deficit. The adjustment increased accumulated deficit and increased the allowance for credit loss accounts. Subsequent impacts to the allowance for credit loss have been recorded through the credit loss expense account included within selling, general and administrative expenses in our consolidated statements of operations and as an allowance for credit loss on our consolidated balance sheet. See Allowance for Credit Loss Accounting Standards Not Yet Adopted In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. On March 12, 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity

Mergers and Acquisitions

Mergers and Acquisitions	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Mergers and Acquisitions	3 . Merger and Acquisition Verra Mobility Merger As described in Note 1, Gores and Greenlight consummated the Business Combination on October 17, 2018. Pursuant to ASC 805, the Business Combination qualified as a reverse acquisition because immediately following completion of the transaction the stockholders of Greenlight immediately prior to the Business Combination maintained effective control of Verra Mobility, the post-combination company. For accounting purposes, Greenlight is deemed the accounting acquirer in the transaction and, consequently, the transaction is treated as recapitalization of Greenlight (i.e. a capital transaction involving the issuance of stock by Greenlight in exchange for the payment of cash by Gores to the selling shareholders of Greenlight). Accordingly, the consolidated assets, liabilities and results of operations of Greenlight are the historical financial statements of Verra Mobility and the Gores assets, liabilities and results of operations are consolidated with Greenlight beginning on the acquisition date. No step-up in basis of intangible assets or goodwill was recorded for this transaction. The Company effected this treatment through opening stockholders’ equity by adjusting the number of common shares outstanding. Other than underwriting and professional fees paid to consummate the transaction, the Business Combination primarily involved the exchange of cash and equity between Gores, Greenlight and the stockholders of the respective companies. During fiscal year 2019, the Company recorded a $7.0 million decrease to the additional paid-in capital account for a payable to Platinum Equity, LLC, a related party, for the recapitalization related to the working capital adjustment required by the merger agreements, which was paid during the fourth quarter of fiscal year 2019. Pagatelia Acquisition On October 31, 2019, the Company completed the acquisition of all of the outstanding shares of Pagatelia S.L., (“ Pagatelia The final allocation of the purchase consideration is summarized as follows: ($ in thousands) Assets acquired Cash $ 1,086 Other assets 5,047 Trademark 771 Customer relationships 5,946 Developed technology 4,624 Non-compete agreements 440 Goodwill 17,528 Total assets acquired 35,442 Liabilities assumed Accounts payable and accrued expenses 6,045 Deferred tax liability 2,801 Total liabilities assumed 8,846 Total purchase price $ 26,596 Goodwill arising from Pagatelia was assigned to the Company’s Commercial Services segment and consists largely of the expected cash flows and future growth anticipated for the Company. The goodwill is not expected to be deductible for tax purposes. The customer relationships value was based on an excess earnings methodology utilizing projected cash flows. The trademark and the developed technology values were based on a relief-from-royalty method. The non-compete agreement values were based on the with-or-without method. The trademark, customer relationships, developed technology and non-compete agreements were assigned useful lives of 8.5 years, 9.5 years, 6.5 years and 3 years, respectively.

Prepaid Expenses and Other Curr

Prepaid Expenses and Other Current Assets	12 Months Ended
	Dec. 31, 2020
Prepaid Expense And Other Assets Current [Abstract]
Prepaid Expenses and Other Current Assets	4. Prepaid Expenses and Other Current Assets Prepaid expenses and other current assets consist of the following at December 31: ($ in thousands) 2020 2019 Prepaid tolls $ 9,237 $ 10,116 Deposits 3,474 3,642 Prepaid services 2,989 5,201 Prepaid computer maintenance 2,732 2,923 Prepaid insurance 2,641 1,485 Prepaid income taxes 2,354 1,025 Other 890 2,099 Total prepaid expenses and other current assets $ 24,317 $ 26,491

Property and Equipment, Net

Property and Equipment, Net	12 Months Ended
	Dec. 31, 2020
Property Plant And Equipment [Abstract]
Property and Equipment, Net	5. Property and Equipment, Net Property and equipment, net, consists of the following at December 31: ($ in thousands) 2020 2019 Equipment installed at customer sites $ 80,880 $ 71,464 Software 19,202 13,839 Leasehold improvements 9,938 8,809 Computer equipment 10,974 8,882 Furniture 2,079 1,681 Automobiles 2,899 2,128 Construction in progress 4,876 4,773 Property and equipment 130,848 111,576 Less: accumulated depreciation (60,564 ) (39,310 ) Property and equipment, net $ 70,284 $ 72,266 Depreciation expense was $23.1 million, $22.8 million and $22.5 million for the fiscal years ended December 31, 2020, 2019 and 2018, respectively, including depreciation related to costs to develop or implement software for internal use of $4.3 million, $3.8 million and $2.9 million for the fiscal years ended December 31, 2020, 2019 and 2018, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	6. Goodwill and Intangible Assets The following table presents the changes in the carrying amount of goodwill by reportable segment: Commercial Government ($ in thousands) Services Solutions Total Balance at December 31, 2018 $ 404,977 $ 159,746 $ 564,723 Goodwill from Pagatelia acquisition 17,528 — 17,528 Foreign currency translation adjustment 1,899 — 1,899 Balance at December 31, 2019 424,404 159,746 584,150 Foreign currency translation adjustment 2,285 — 2,285 Balance at December 31, 2020 $ 426,689 $ 159,746 $ 586,435 Intangible assets consist of the following as of the respective period-ends: Weighted Weighted At December 31, 2020 Average Average Gross Remaining Amortization Carrying Accumulated ($ in thousands) Useful Life Period Amount Amortization Trademarks 0.3 years 3.0 years $ 32,223 $ 29,358 Non-compete agreements 2.0 years 5.0 years 62,589 37,412 Customer relationships 5.9 years 8.9 years 367,512 123,784 Developed technology 2.3 years 5.5 years 166,217 95,848 Gross carrying value of intangible assets 628,541 $ 286,402 Less: accumulated amortization (286,402 ) Intangible assets, net $ 342,139 Weighted Weighted At December 31, 2019 Average Average Gross Remaining Amortization Carrying Accumulated ($ in thousands) Useful Life Period Amount Amortization Trademarks 1.5 years 3.0 years $ 32,127 $ 19,106 Non-compete agreements 3.0 years 5.0 years 62,549 24,834 Customer relationships 6.9 years 8.9 years 366,533 82,903 Developed technology 3.3 years 5.5 years 165,708 65,631 Gross carrying value of intangible assets 626,917 $ 192,474 Less: accumulated amortization (192,474 ) Intangible assets, net $ 434,443 Amortization expense was $93.5 million, $92.8 million and $80.8 million for fiscal years ended December 31, 2020, 2019 and 2018, respectively. Estimated amortization expense in future years is expected to be: ($ in thousands) 2021 $ 85,935 2022 81,167 2023 52,493 2024 42,000 2025 39,302 Thereafter 41,242 Total $ 342,139 Goodwill Impairment Tests During the first half of fiscal year 2020, our market capitalization declined significantly compared to December 31, 2019. Over the same period, the equity value of our key Commercial Services customers, our peer group companies and the overall U.S. stock market also declined significantly amid market volatility. These declines were driven by the uncertainty surrounding the outbreak of the novel coronavirus (“ COVID-19 Based upon the results of our interim impairment tests as of March 31, 2020 and June 30, 2020, we concluded that the fair values of the Government Solutions and Commercial Services reporting units exceeded their carrying values. In addition, there were no indicators of impairment based on the qualitative analysis performed as of October 1 in fiscal years 2020, 2019 and 2018. The current economic conditions due to COVID-19 are still evolving and any significant adverse changes in future periods to our internal forecasts or the external market conditions, if any, could reasonably be expected to negatively affect our key assumptions and may result in a future goodwill impairment charge, which could be material.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
	Dec. 31, 2020
Payables And Accruals [Abstract]
Accrued Liabilities	7 . Accrued Liabilities Accrued liabilities consist of the following at December 31: ($ in thousands) 2020 2019 Accrued salaries and wages $ 4,432 $ 10,319 Current portion of operating lease liabilities 3,179 2,970 Advanced deposits payable 2,922 2,875 Payroll liabilities 1,755 149 Deferred income 750 691 Self-insurance liability 682 411 Other 1,916 2,132 Total accrued liabilities $ 15,636 $ 19,547

Asset Retirement Obligation

Asset Retirement Obligation	12 Months Ended
	Dec. 31, 2020
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation	8. Asset Retirement Obligation The following table summarizes changes in the Company’s asset retirement obligation for the years ended December 31: ($ in thousands) 2020 2019 Asset retirement obligation, beginning balance $ 6,309 $ 6,750 Liabilities incurred 133 230 Accretion expense 259 350 Liabilities settled (292 ) (1,021 ) Asset retirement obligation, ending balance $ 6,409 $ 6,309

Long-term Debt

Long-term Debt	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Long-term Debt	9. Long-term Debt The following table provides a summary of the Company’s long-term debt at December 31: ($ in thousands) 2020 2019 New First Lien Term Loan, due February 28, 2025 $ 865,642 $ 894,421 Less: original issue discounts (3,952 ) (4,778 ) Less: unamortized deferred financing costs (19,645 ) (23,178 ) Total long-term debt 842,045 866,465 Less: current portion of long-term debt (9,104 ) (28,779 ) Total long-term debt, net of current portion $ 832,941 $ 837,686 The following table presents the aggregate principal payments in future years on long-term debt at December 31, 2020: ($ in thousands) 2021 $ 9,104 2022 9,104 2023 9,104 2024 9,104 2025 829,226 Thereafter — Total $ 865,642 In connection with an acquisition, VM Consolidated, Inc., our wholly-owned subsidiary, New First Lien Term Loan New Second Lien Term Loan New Term Loans New Revolver and together with the New Term Loans, the “ 2018 Credit Facilities ”) with a syndicate of lenders. The 2018 Credit Facilities initially provided for committed senior secured financing of $ 1.115 billion, consisting of an aggregate principal amount of $ 1.04 billion under the New Term Loans and an aggregate revolving commitment of up to $ 75 million available for loans and letters of credit under the New Revolver (subject to borrowing eligibility requirements as described below). In July 2018, we amended the New First Lien Term Loan to expand the aggregate principal loan amount from $ 840 million to $ 910 million. The additional $ 70 million, along with funds contributed by Platinum Equity, LLC, were used to repay the $ 200 million New Second Lien Term Loan in full contemporaneously with the closing of the Business Combination on October 17, 2018 . The New First Lien Term Loan represents the only debt outstanding under the 2018 Credit Facilities as of December 31, 2020. The 2018 Credit Facilities replaced the previous First Lien Term Loan Credit Agreement (the “ Old First Lien Old Second Lien Old Term Loans ” Old Revolver 2017 Credit Facilities The New First Lien Term Loan is repayable at 1.0% per annum of the amount initially borrowed, paid in quarterly installments. The New First Lien Term Loan matures on February 28, 2025. The Company refinanced the entire outstanding amount under the New First Lien Term Loan on February 20, 2020, which reduced the previous applicable margin by 50 basis points. The New First Lien Term Loan now bears interest based, at our option, on either (1) LIBOR plus an applicable margin of 3.25% per annum, or (2) an alternate base rate plus an applicable margin of 2.25% per annum. As of December 31 3.4 In addition, the New First Lien Term Loan requires mandatory prepayments equal to the product of the excess cash flows of the Company (as defined in the loan agreement) and the applicable prepayment percentages (calculated as of the last day of the fiscal year, beginning with the year ending December 31, 2019), as set forth in the following table: Consolidated first lien net leverage ratio (as defined by the New First Lien Term Loan agreement) Applicable prepayment percentage > 3.70:1.00 50% < 25% < 0% The Company made a $19.7 million mandatory prepayment of excess cash flow during the first quarter of fiscal year 2020, which was classified as current portion of long-term debt in the consolidated balance sheet at December 31, 2019. We did not have a mandatory prepayment of excess cash flow for the fiscal year ended December 31, 2020. The New Revolver matures on February 28, 2023. The terms of the New Revolver were not affected by the refinancing of the New First Lien Term Loan discussed above. Borrowing eligibility under the New Revolver is subject to a monthly borrowing base calculation based on (i) certain percentages of eligible accounts receivable and inventory, less (ii) certain reserve items, including outstanding letters of credit and other reserves. The New Revolver bears interest on either (1) LIBOR plus an applicable margin, or (2) an alternate base rate, plus an applicable margin. The margin percentage applied to (1) LIBOR is either 1.25%, 1.50%, or 1.75%, or (2) the base rate is either 0.25%, 0.50%, or 0.75%, depending on the Company’s average availability to borrow under the commitment. At December 31, 2020, the Company had no outstanding borrowings on the New Revolver and availability to borrow was $48.8 million, net of $6.3 million of outstanding letters of credit. Interest on the unused portion of the New Revolver is payable quarterly at 0.375% and we are also required to pay participation and fronting fees at 1.38% on $6.3 million of outstanding letters of credit as of December 31, 2020. All borrowings and other extensions of credits under the 2018 Credit Facilities are subject to the satisfaction of customary conditions and restrictive covenants including absence of defaults and accuracy in material respects of representations and warranties. At December 31, 2020, the Company was compliant with the 2018 Credit Facilities covenants. Substantially all of the Company’s assets are pledged as collateral to secure the Company’s indebtedness under the 2018 Credit Facilities. The Company recorded interest expense, including amortization of deferred financing costs and discounts, of $40.9 million, In connection with the refinancing of the New First Lien Term Loan in February 2020, which the Company determined was to be accounted for as a modification, we incurred $0.8 million of lender fees which were capitalized as deferred financing costs and amortized over the remaining life of the New First Lien Term Loan, and $0.2 million of legal fees that were expensed as selling, general and administrative expenses on the consolidated statement of operations in the fiscal year ended December 31, 2020. The Company recognized a charge of $10.2 million in fiscal year 2018 consisting of a $3.8 million prepayment penalty on the Old Term Loan balances, a $2.0 million write-off of pre-existing deferred financing costs and $4.4 million of lender and third-party costs associated with the issuance of the 2018 Credit Facilities. The Company also recorded a loss on extinguishment of the New Second Lien Term Loan The weighted average effective interest rates on the Company’s outstanding borrowing under the 2018 Credit Facilities were 3.4

Leases

Leases	12 Months Ended
	Dec. 31, 2020
Leases [Abstract]
Leases	10 . The Company adopted the leases guidance under ASC 842, Leases April 2035 The Company has lease agreements with lease and non-lease components and has elected to account for such components as a single lease component. The Company recognizes and measures contracts containing a lease and determines lease classification at commencement. Right of use operating assets and lease liabilities are measured based on the estimated present value of lease payments over the lease term. In determining the present value of lease payments, the Company used its estimated incremental borrowing rate when the rate implicit in the lease cannot be readily determined. The estimated incremental borrowing rate is based upon information available at lease commencement including publicly available data for debt instruments. The lease term includes periods covered by options to extend when it is reasonably certain the Company will exercise such options as well as periods subsequent to an option to terminate the lease if it is reasonably certain the Company will not exercise the termination option. Operating lease costs are recognized on a straight-line basis over the lease term. Variable lease costs are recognized as incurred. As of December 31, 2020, operating leases have a remaining weighted average lease term of 12.2 years and operating lease liabilities were measured using a weighted average discount rate of 5.4%. The total operating lease costs for the fiscal years ended December 31, 2020 and 2019 were $5.3 million and $5.7 million, respectively. Variable lease costs for the fiscal 2020 were approximately $1.1 million. The following is a summary of the operating lease liabilities as of December 31: ($ in thousands) 2020 2019 Operating lease liabilities, net of current portion $ 27,986 $ 30,130 Current portion 3,179 2,970 Total operating lease liabilities $ 31,165 $ 33,100 The following provides future maturities of operating lease liabilities as of December 31, 2020: ($ in thousands) 2021 $ 4,737 2022 3,641 2023 3,094 2024 2,998 2025 2,992 Thereafter 26,023 Total minimum payments $ 43,485 Less: amount representing interest (12,320 ) Total $ 31,165

Net (Loss) Income Per Share

Net (Loss) Income Per Share	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Net (Loss) Income Per Share	1 1 . Net (Loss) Income Per Share Basic net (loss) income per share is calculated by dividing net (loss) income by the weighted average shares outstanding during the period, without consideration of common stock equivalents. Diluted net (loss) income per share is calculated by adjusting the weighted average shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury-stock method. The components of basic and diluted net (loss) income per share are as follows: For the Year Ended December 31, (In thousands, except per share data) 2020 2019 2018 Numerator: Net (loss) income $ (3,445 ) $ 33,343 $ (58,394 ) Denominator: Weighted average shares - basic 161,632 157,890 87,320 Common stock equivalents — 3,632 — Weighted average shares - diluted 161,632 161,522 87,320 Net (loss) income per share - basic $ (0.02 ) $ 0.21 $ (0.67 ) Net (loss) income per share - diluted $ (0.02 ) $ 0.21 $ (0.67 ) Antidilutive shares excluded from diluted net (loss) income per share (1) Contingently issuable shares (2) 5,000 8,304 10,000 Warrants 20,000 5,000 20,000 Non-qualified stock options 614 — — Performance share units 106 — — Restricted stock units 2,203 21 4,437 Total antidilutive shares excluded 27,923 13,325 34,437 (1) These amounts represent outstanding shares as of fiscal years ended December 31, 2020 and 2018 and weighted average antidilutive shares for fiscal year ended December 31, 2019. (2) Contingently issuable shares relate to the earn-out agreement as discussed in Note 16, Related Party Transactions .

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	12 . In December 2019, COVID-19 emerged and has since spread throughout the world causing severe disruption to the global economy. On March 11, 2020, the World Health Organization declared COVID-19 a pandemic. On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“ CARES Act The income (loss) before income tax provision (benefit) consisted of: For the Year Ended December 31, ($ in thousands) 2020 2019 2018 U.S. $ 7,562 $ 49,922 $ (75,283 ) Foreign (5,576 ) (2,998 ) 648 Total income (loss) before income tax provision (benefit) $ 1,986 $ 46,924 $ (74,635 ) The income tax provision (benefit) consisted of the following items: For the Year Ended December 31, ($ in thousands) 2020 2019 2018 Current Federal $ 4,169 $ 16,901 $ 5,687 State 5,399 7,316 1,624 Foreign 652 673 883 Total current 10,220 24,890 8,194 Deferred Federal (1,308 ) (8,542 ) (18,334 ) State (2,615 ) (2,092 ) (5,669 ) Foreign (866 ) (675 ) (432 ) Total deferred (4,789 ) (11,309 ) (24,435 ) Income tax provision (benefit) $ 5,431 $ 13,581 $ (16,241 ) A reconciliation to the income tax provision (benefit) from the amounts computed by applying the statutory U.S. federal income tax rate is as follows: For the Year Ended December 31, ($ in thousands) 2020 2019 2018 Income tax provision (benefit) at statutory rate $ 416 $ 9,854 $ (15,674 ) State income taxes, net of federal income tax effect 1,188 2,360 (3,785 ) Tax rate changes/ valuation of deferred tax items 1,353 998 (1,457 ) 162(m) limitation 1,179 1,289 — Non-deductible expenses 1,748 450 676 Unrecognized tax benefits (929 ) (741 ) 600 Change in valuation allowance 924 317 2,149 Non-deductible transaction costs 19 270 1,172 Research and development credits (121 ) (232 ) (602 ) Global intangible low tax inclusion — — 478 Other (346 ) (984 ) 202 Total income tax provision (benefit) $ 5,431 $ 13,581 $ (16,241 ) Significant components of the Company’s deferred income tax assets and liabilities consist of the following at December 31: ($ in thousands) 2020 2019 Deferred tax assets: Accrued expenses and other $ 1,027 $ 1,538 Allowance for credit loss 4,838 2,280 Net operating loss carryforward 3,626 2,612 Interest expense limitation carryforward 1,070 5,687 Federal and state income tax credits 1,132 1,060 ASC 842 operating lease liabilities 8,679 8,660 Transaction costs 319 — Other 1,210 1,935 Gross deferred tax assets 21,901 23,772 Valuation allowance (3,422 ) (2,564 ) Deferred tax assets, net of valuation allowance 18,479 21,208 Deferred tax liabilities: Intangible assets and transaction costs (16,358 ) (27,489 ) Property and equipment (10,285 ) (9,941 ) Financing costs (3,730 ) (482 ) Prepaid assets (957 ) (604 ) ASC 842 operating lease assets (8,297 ) (8,408 ) Gross deferred tax liabilities (39,627 ) (46,924 ) Total deferred tax liabilities, net $ (21,148 ) $ (25,716 ) In accordance with ASC 740, Income Taxes The Company performed an analysis of the reversal of the deferred tax assets and considered the overall business environment, historical earnings and the outlook for future years. The Company determined that it is more likely than not that the benefit from certain state and foreign net operating loss carryforwards will not be realized as of the years ended December 31, 2020 and 2019, and as such provided a valuation allowance of $3.4 million and $2.6 million, respectively. The valuation allowance could be adjusted in future periods if estimates of future taxable income during the carryforward period are increased or if objective negative evidence in the form of cumulative losses is no longer present. The net operating loss carryforwards represent $31.1 million $1.5 million The following table summarizes the activity related to the Company’s unrecognized tax benefits as of December 31: ($ in thousands) 2020 2019 Balance at the beginning of the year $ 1,735 $ 2,529 Increases/(decreases) related to current year tax positions 126 (79 ) Increases/(decreases) related to prior year tax positions 299 45 Expiration due to statute of limitations (1,207 ) (760 ) Balance at the end of the year $ 953 $ 1,735 Included in the balance of unrecognized tax benefits as of December 31, 2020 were $0.4 million of tax benefits that, if recognized, would impact the effective tax rate. The Company does not expect its unrecognized tax benefits to change significantly over the next 12 months. The Company recognizes interest and penalties related to unrecognized tax benefits as income tax expense. The Company recognized $1.0 million for fiscal year 2020 and less than $0.1 million for fiscal year 2019, in interest and penalties. At December 31, 2020 and 2019, the Company had accrued interest and penalties of less than $0.1 million and $0.9 million, respectively. The Company accounts for uncertain tax positions by recognizing the financial statement effects of a tax position only when, based on technical merits, it is more likely than not that the tax position will be sustained under examination. The Company is subject to examination by the Internal Revenue Service and taxing authorities in various states. The Company’s U.S. federal income tax returns remain subject to examination by tax authorities for the years 2017 to 2019. The Company’s state income tax returns are no longer subject to income tax examination by tax authorities prior to 2016; however, our net operating loss carryforwards and research credit carryforwards arising prior to that year are subject to adjustment. The Company regularly assesses the likelihood of tax deficiencies in each of the tax jurisdictions and, accordingly, makes appropriate adjustments to the tax provision as deemed necessary.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Stockholders' Equity	13. Stockholders’ Equity Authorized and Outstanding Stock In conjunction with the Business Combination on October 17, 2018, the Company made changes to its capital stock. The Company’s Amended and Restated Certificate of Incorporation authorizes the issuance of 261,000,000 shares of capital stock, consisting of (i) 260,000,000 shares of Class A Common Stock, and (ii) 1,000,000 shares of preferred stock, each at par value of $0.0001 per share. The outstanding shares of the Company’s common stock are duly authorized, validly issued, fully paid and non-assessable. Warrants As of December 31, 2020, there were warrants outstanding to acquire 19,999,967 shares of the Company’s Class A Common Stock including: (i) 6,666,666 warrants originally issued to Gores Sponsor II, LLC in a private placement in connection with the IPO (the “ Private Placement Warrants connection with the IPO (the “ Public Warrants ” and, together with the Private Placement Warrants, the “ Warrants ”). The Warrants entitle the registered holder to purchase one share of our Class A Common Stock at a price of $ 11.50 per share, subject to certain adjustments. The Warrants became exercisable on November 16, 2018, 30 days following the completion of the Business Combination, and expire five years after that date, or earlier upon redemption or liquidation. The Company may redeem the outstanding Warrants at a price of $0.01 per warrant, if the last sale price of its Class A Common Stock equals or exceeds $18.00 per share for any 20 trading days within a 30 trading day period ending on the third business day before it sends the notice of redemption to the Warrant holders. The Private Placement Warrants, however, are nonredeemable so long as they are held by Gores Sponsor II, LLC or its permitted transferees.

Equity Incentive Plan

Equity Incentive Plan	12 Months Ended
	Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity Incentive Plan	14 . In October 2018, the Company established the Verra Mobility 2018 Equity Incentive Plan (the “ 2018 Plan RSUs PSUs RSUs and PSUs The Company’s RSUs consist of a right to receive shares on one or more vesting dates in the future. RSUs granted to employees vest ratably over four years from their individual award dates, subject to continued employment on the applicable vesting dates. RSUs granted to non-employee directors vest on the earlier of (a) the first anniversary of the vesting start date, or (b) the date immediately prior to the next annual stockholders meeting held by the Company occurring after the date of grant. The Company granted PSUs to senior executives during fiscal year 2020 which consist of a right to receive shares when certain service and market-vesting conditions are met at the end of a three-year period. The level at which the performance condition is attained upon the completion of the performance period determines the actual number of shares of our Class A Common Stock into which the PSUs will be converted. The conversion percentage ranges from 0% up to 150% of the target level. The following table summarizes the activity of the Company’s RSUs and PSUs: RSUs and PSUs (1) Shares (in thousands) Weighted Average Grant Date Fair Value Balance at December 31, 2017 — — Granted 4,437 $ 10.13 Vested — — Forfeited — — Balance at December 31, 2018 4,437 $ 10.13 Granted 400 $ 11.32 Vested (953 ) $ 10.13 Forfeited (880 ) $ 10.17 Balance at December 31, 2019 3,004 $ 10.28 Granted 692 $ 12.42 Vested (986 ) $ 10.35 Forfeited (401 ) $ 10.82 Balance at December 31, 2020 2,309 $ 10.79 (1) The awards granted in fiscal year 2020 include 116 PSUs that had a weighted average grant date fair value of $13.88, of which 10 units were forfeited. There were no PSUs that vested during fiscal year 2020. The fair value of RSUs vested during fiscal years 2020 and 2019 was $9.7 million, respectively. No RSUs granted pursuant to the 2018 Plan vested in 2018. As of December 31, 2020, w e had $21.1 million of unrecognized stock-based compensation expense related to unvested RSUs and PSUs, which is expected to be recognized over a weighted average period of 2.2 years. Stock Options During fiscal year 2020, the Company granted stock options that vest ratably over four years from their individual award dates, subject to continued employment on the applicable vesting dates . The Company did not grant stock options for fiscal years 2019 and 2018. The following table summarizes the activity of the Company’s stock options: Stock Options Outstanding Shares (in thousands) Weighted Average Exercise Price Balance at December 31, 2019 — — Granted 720 $ 12.56 Vested — — Forfeited (106 ) $ 12.56 Balance at December 31, 2020 614 $ 12.56 The weighted average grant date fair value of options was $4.36 and the remaining contractual term is 9.2 years. There were no stock options exercised during the fiscal year 2020. As of December 31, 2020, w e had of unrecognized stock-based compensation expense related to unvested stock options which is expected to be recognized over a weighted average period of The following details the components of stock-based compensation for the respective periods: December 31, ($ in thousands) 2020 2019 2018 Operating expenses $ 837 $ 819 $ 137 Selling, general and administrative expenses 11,752 9,193 2,135 Total stock-based compensation expense $ 12,589 $ 10,012 $ 2,272 Tax benefits attributable to stock-based compensation represented approximately $2.9 million,

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2020
Employee Benefit Plans [Abstract]
Employee Benefit Plan	15. Employee Benefit Plan The Company has a 401(k) plan that covers substantially all employees who meet certain eligibility requirements. Covered employees may elect to have a portion of their compensation withheld up to the statutory limit. The 401(k) plan includes a company match that vests immediately. The Company made employer contributions of $1.7 million

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	1 6 . Related Party Transactions Tax Receivable Agreement At the closing of the Business Combination, the Company entered into the Tax Receivable Agreement (“ Tax Receivable Agreement TRA Platinum Stockholder the closing of the Business Combination as a result of the increase in the tax basis of the intangible assets which resulted from an acquisition by Verra Mobility prior to the Business Combination. The post-closing company generally retain s the benefit of the remaining 50 % of these cash savings. The Company estimate d the potential maximum benefit to be paid will be approximately $ million , and recorded an initial liability and corresponding charge to equity at the closing of the Business Combination. Subsequently, the Company made adjustments to this amount. The Company recorded a $6.8 million expense in fiscal year 2020 and $0.1 million of income in fiscal year 2019 to tax receivable agreement liability adjustment in the consolidated statements of operations. The adjustment in 2020 reflects the impact of an increase to the Company’s deferred tax rate arising from higher estimated state tax rates due to a change in apportionment. At December 31, 2020, the TRA liability was approximately $72.7 million of which $4.8 million was the current portion and $67.9 million was the non-current portion, both of which are included in the respective payable to related party pursuant to tax receivable agreement line items on the consolidated balance sheets. Earn-Out Agreement Under the Merger Agreement, the Platinum Stockholder is entitled to receive additional shares of Class A Common Stock (the “ Earn-Out Shares” ) if the volume weighted average closing sale price of one share of Class A Common Stock on the Nasdaq exceeds certain thresholds for a period of at least 10 days out of 20 consecutive trading days at any time during the five-year Common Stock Price ”). The Earn-Out Shares are issued by the Company to the Platinum Stockholder as follows: Common Stock Price thresholds One-time issuance of shares > $13.00 (a) 2,500,000 > $15.50 (a) 2,500,000 > $18.00 2,500,000 > $20.50 2,500,000 (a) The first and second tranches of Earn-Out Shares have been issued, as discussed below. If any of the Common Stock Price thresholds above (each, a “ Triggering Event ”) are not achieved within the five-year period following the closing of the Business Combination, the Company will not be required to issue the Earn-Out Shares in respect of such Common Stock Price threshold. In no event shall the Platinum Stockholder be entitled to receive more than an aggregate of 10,000,000 Earn-Out Shares. If, during the earn-out period, there is a change of control (as defined in the Merger Agreement) that will result in the holders of our Class A Common Stock receiving a per share price equal to or in excess of the applicable Common Stock Price required in connection with any Triggering Event (an “ Acceleration Event ”), then immediately prior to the consummation of such change of control: (a) any such Triggering Event that has not previously occurred shall be deemed to have occurred; and (b) we shall issue the applicable Earn-Out Shares to the cash consideration stockholders (as defined in the Merger Agreement) (in accordance with their respective pro rata cash share), and the recipients of the issued Earn-Out Shares shall be eligible to participate in such change of control. The Company estimated the original fair value of the contingently issuable shares to be $73.15 million, of which $36.6 million remains contingently issuable as of December 31, 2020. The estimated value is not subject to future revisions during the five-year period discussed above. The Company used a Monte Carlo simulation option-pricing model to arrive at its original estimate. Each tranche was valued separately giving specific consideration to the tranche’s price target. The simulation considered volatility and risk free rates utilizing a peer group based on a five-year This was initially recorded as a distribution to shareholders and was presented as common stock contingent consideration. Upon the occurrence of a Triggering Event, any issuable shares are transferred from common stock contingent consideration to common stock and On April 26, 2019 and on January 27, 2020, the Triggering Events for the issuance of the first and second tranches of Earn-Out Shares occurred, as the volume weighted average closing sale price per share of the Company’s Class A Common Stock as of that date had been greater than $13.00 and $15.50, respectively, for 10 out of 20 consecutive trading days. These Triggering Events resulted in the issuance of an aggregate 5,000,000 shares of the Company’s Class A Common Stock to the Platinum Stockholder and an increase in the Company’s common stock and additional paid-in capital accounts of $36.6 million, with a corresponding decrease to the common stock contingent consideration account. At December 31, 2020, the potential future shares issuable pursuant to the earn-out are between zero and 5.0 million. Platinum Stockholder Secondary Offerings On June 10, 2019, the Platinum Stockholder sold 15,000,000 shares of the Company’s Class A Common Stock in a secondary offering. On July 8, 2019, the underwriters of the secondary offering fully exercised the overallotment option granted at the time of the secondary offering to purchase an additional 2,250,000 shares of the Company’s Class A Common Stock at the secondary offering price of $12.50 per share, less underwriting discounts and commissions, from the Platinum Stockholder. On November 18, 2019, the Platinum Stockholder sold 17,250,000 shares of the Company’s Class A Common Stock in a secondary offering at a price per share of $14.10. The offering consisted of an initial 15,000,000 shares, along with an additional 2,250,000 shares purchased pursuant to the underwriter’s exercise in full of an overallotment option granted by the Platinum Stockholder. The Company received no proceeds from either secondary offering conducted by the Platinum Stockholder during 2019. The Company incurred $1.7 million in expenses related to the secondary offerings during fiscal year 2019, consisting of various registration, filing and professional services fees, which were included in selling, general and administrative expenses in the consolidated statements of operations. Specifically, pursuant to the Amended and Restated Registration Rights Agreement dated as of October 17, 2018, the Company was required to pay, among other things, all registration and filing fees, reasonable fees and expenses of legal counsel for the Platinum Stockholder, and road show and marketing expenses. After giving effect to both secondary offerings and exercises of the overallotment options, the Platinum Stockholder held approximately 13.7% of the Company’s outstanding Class A Common Stock. Advisory Services Agreement The Company had a corporate advisory services agreement with Advisors whereby it paid a management fee for services and related expenses incurred by Advisors in the provision of those services. The Company paid $5.4 million in management fees for fiscal year 2018. In addition, the Company paid $9.7 million related to the provision of acquisition related services and $2.8 million related to the provision of debt financing related services during fiscal year 2018. The agreement was terminated effective October 17, 2018 in connection with the Business Combination. On January 7, 2019, the Company entered into a new corporate advisory services agreement with Advisors to provide certain transactional and corporate advisory services to the Company as mutually agreed by the parties. No fees are payable under the agreement, but the Company must reimburse Advisors for its out-of-pocket expenses incurred in connection with services rendered. There were no significant payments made during fiscal years 2019 or 2020.

Commitment and Contingencies

Commitment and Contingencies	12 Months Ended
	Dec. 31, 2020
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	17. Commitments and Contingencies The Company has issued various letters of credit under contractual arrangements with certain of its vendors and customers. Outstanding letters of credit under these arrangements totaled $6.3 million at December 31, 2020. The Company has non-cancelable purchase commitments to certain vendors. The aggregate non-cancelable purchase commitments outstanding at December 31, 2020 were $6.3 million. The Company is subject to tax audits in the normal course of business and does not have material contingencies recorded related to such audits. The Company accrues for claims and contingencies when losses become probable and reasonably estimable. As of the end of each applicable reporting period, the Company reviews each of its matters and, where it is probable that a liability has been or will be incurred, the Company accrues for all probable and reasonably estimable losses. Where the Company can reasonably estimate a range of loss it may incur regarding such a matter, the Company records an accrual for the amount within the range that constitutes its best estimate. If the Company can reasonably estimate a range but no amount within the range appears to be a better estimate than any other, the Company uses the amount that is the low end of such range. NYC Investigation The New York City Law Department recently advised the Company that the City of New York is investigating certain aspects of the Company’s installation work for its largest customer, NYCDOT. The Company is cooperating with the investigation. It is reasonably possible that the Company becomes subject to claims and assessments by the City of New York. However, at this time, the Company cannot estimate its additional exposure, if any, nor can it estimate whether any potential impact would have a material effect on its results, operations or financial position. Customer Guarantee In the ordinary course of business, the Company occasionally employs contract terms that mitigate the customer’s risk of aggregate revenue decline in connection with the customer’s adoption of additional or changes to service models within its existing portfolio. These agreements require the customer to satisfy numerous conditions to trigger payment, including volume metrics and other operational requirements. The Company has one such guarantee outstanding for the one-year Exit Activities We commenced exit activities consisting of severance and other employee separation costs during the year ended December 31, 2020 and expensed $1.1 million as selling, general and administrative expenses on the consolidated statements of operations. These costs were paid during fiscal year 2020. Legal Proceedings The Company is subject to legal and regulatory actions that arise from time to time in the ordinary course of business. The Company records a liability when it believes it is probable a loss will be incurred and the amount of loss or range of loss can be reasonably estimated. The assessment as to whether a loss is probable, reasonably possible or remote, and as to whether a loss or a range of such loss is estimable, often involves significant judgment about future events. The Company has determined that resolution of pending matters is not probable to have a material adverse impact on its consolidated results of operations, cash flows, or financial position, and accordingly, no material contingency accruals are recorded. However, the outcome of litigation is inherently uncertain. As additional information becomes available, the Company reassesses the potential liability. HTA Settlement Agreement During the third quarter of 2020, we entered into a Settlement and Release Agreement with the former owners of Highway Toll Administration, LLC (the “ HTA Settlement Agreement

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
Segment Reporting	18 . Segment Reporting The Company has two operating and reportable segments, Commercial Services and Government Solutions. Commercial Services offers toll and violation management solutions and title and registration services to commercial fleet vehicle owners, rental car companies and violation-issuing authorities. Government Solutions implements and administers traffic safety programs and products for municipalities and local government agencies of all sizes. The Company’s Chief Operating Decision Maker function (“ CODM ”) is comprised of the Company’s CEO and certain defined representatives of the Company’s executive management team. The Company’s CODM monitors operating performance, allocates resources and deploys capital based on these two segments. Segment performance is based on revenues and income from operations before depreciation, amortization, gain (loss) on disposal of assets, net, impairment of property and equipment, and stock-based compensation. The measure also excludes interest expense, net, income taxes and is inclusive of other income, net. The tables below refer to this measure as segment profit (loss). The aforementioned items are not indicative of operating performance, and, as a result are not included in the measures that are reviewed by the CODM for the segments. Other income, net consists primarily of credit card rebates earned on the prepayment of tolling transactions and is therefore included in segment profit (loss). There are no significant non-cash items reported in segment profit (loss). The Company allocates certain corporate expenses to the two segments using several different factors depending on the item being allocated. These factors range from specific identification to headcount-based to allocate proportionately between the two segments. The corporate and other columns below include items that are not included in segment profit (loss) plus transaction expenses, fees to Advisors and other items designated by the CODM as corporate initiatives The Company does not disaggregate assets by segment other than equipment installed at customer sites and automobiles, which had carrying values of $44.2 million and $1.8 million, respectively, at December 31, 2020 and carrying values of $46.6 million and $1.5 million, respectively, at December 31, 2019 all of which relate solely to the Government Solutions segment. Refer to Note 6, Goodwill and Intangible Assets for goodwill balances by segment. The following tables set forth financial information by segment for the fiscal years ended December 31, 2020, 2019 and 2018: For the Year Ended December 31, 2020 Commercial Government Corporate ($ in thousands) Services Solutions and Other Total Service revenue $ 180,856 $ 155,418 $ — $ 336,274 Product sales — 57,319 — 57,319 Total revenue 180,856 212,737 — 393,593 Cost of service revenue 2,562 1,405 — 3,967 Cost of product sales — 29,573 — 29,573 Operating expenses 52,505 62,387 — 114,892 Selling, general and administrative expenses 40,978 34,465 2,469 77,912 Other income, net (11,774 ) (111 ) — (11,885 ) Segment profit (loss) $ 96,585 $ 85,018 $ (2,469 ) $ 179,134 Segment profit (loss) $ 96,585 $ 85,018 $ (2,469 ) $ 179,134 Depreciation and amortization — — 116,570 116,570 Loss on disposal of assets, net 16 258 — 274 TRA liability adjustment — — 6,850 6,850 Stock-based compensation — — 12,589 12,589 Interest expense, net — — 40,865 40,865 Income (loss) before income tax provision $ 96,569 $ 84,760 $ (179,343 ) $ 1,986 For the Year Ended December 31, 2019 Commercial Government Corporate ($ in thousands) Services Solutions and Other Total Service revenue $ 276,479 $ 140,244 $ — $ 416,723 Product sales — 32,014 — 32,014 Total revenue 276,479 172,258 — 448,737 Cost of service revenue 3,709 1,852 — 5,561 Cost of product sales — 13,919 — 13,919 Operating expenses 66,916 57,905 — 124,821 Selling, general and administrative expenses 41,384 32,696 2,220 76,300 Other income, net (10,814 ) (278 ) — (11,092 ) Segment profit (loss) $ 175,284 $ 66,164 $ (2,220 ) $ 239,228 Segment profit (loss) $ 175,284 $ 66,164 $ (2,220 ) $ 239,228 Depreciation and amortization — — 115,566 115,566 Loss on disposal of assets, net 145 60 — 205 Impairment of property and equipment — 5,898 — 5,898 TRA liability adjustment (106 ) (106 ) Stock-based compensation — — 10,012 10,012 Interest expense, net — — 60,729 60,729 Income (loss) before income tax provision $ 175,139 $ 60,206 $ (188,421 ) $ 46,924 For the Year Ended December 31, 2018 Commercial Government Corporate ($ in thousands) Services Solutions and Other Total Service revenue $ 222,611 $ 142,465 $ — $ 365,076 Product sales — 5,070 — 5,070 Total revenue 222,611 147,535 — 370,146 Cost of service revenue 3,078 2,710 — 5,788 Cost of product sales — 3,447 — 3,447 Operating expenses 51,221 57,525 — 108,746 Selling, general and administrative expenses 55,370 27,827 50,737 133,934 Other (income) expenses, net (8,680 ) (117 ) 2 (8,795 ) Segment profit (loss) $ 121,622 $ 56,143 $ (50,739 ) $ 127,026 Segment profit (loss) $ 121,622 $ 56,143 $ (50,739 ) $ 127,026 Depreciation and amortization — — 103,346 103,346 Loss on disposal of assets, net — — 7 7 Stock-based compensation — — 2,272 2,272 Interest expense — — 69,550 69,550 Loss on extinguishment of debt — — 26,486 26,486 (Loss) income before income tax (benefit) $ 121,622 $ 56,143 $ (252,400 ) $ (74,635 ) The Company operates in the United States, Canada and Europe. Revenues are attributable to countries based upon the location of the customer. During the years ended December 31, 2020, 2019 and 2018, the Company’s international revenues were $13.3 million, $14.5 million and $11.0 million, respectively. Substantially all of the Company’s assets are in the United States.

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (Unaudited)	19. Quarterly Financial Information (Unaudited) First Second Third Fourth ($ in thousands, except per share data) Quarter Quarter Quarter Quarter For the year ended December 31, 2020 Total revenue $ 116,713 $ 79,809 $ 96,908 $ 100,163 Income (loss) from operations 19,413 (6,950 ) 15,268 10,085 Net income (loss) 6,673 (15,388 ) 6,686 (1,416 ) Earnings (loss) per share - basic and diluted $ 0.04 $ (0.10 ) $ 0.04 $ (0.01 ) First Second Third Fourth ($ in thousands, except per share data) Quarter Quarter Quarter Quarter For the year ended December 31, 2019 Total revenue $ 98,461 $ 109,575 $ 128,240 $ 112,461 Income from operations 17,966 17,636 36,659 24,194 Net income 2,820 3,591 17,752 9,180 Earnings per share - basic and diluted $ 0.02 $ 0.02 $ 0.11 $ 0.06

Guarantor_Non-Guarantor Financi

Guarantor/Non-Guarantor Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2020
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Guarantor/Non-Guarantor Financial Information (Unaudited)	20. Guarantor/Non-Guarantor Financial Information (Unaudited) VM Consolidated, Inc., a wholly-owned subsidiary of the Company, is the lead borrower of the New First Lien Term Loan and the New Revolver. VM Consolidated, Inc. is owned by the Company through a series of holding companies that ultimately end with the Company. VM Consolidated, Inc. is wholly-owned by Greenlight Acquisition Corporation, which is wholly-owned by Greenlight Intermediate Holding Corporation, which is wholly- owned by Greenlight Holding Corporation, which is wholly-owned by Verra Mobility Holdings, LLC, which is wholly-owned by Verra Mobility Corporation or the Company. The principal elimination entries relate to investments in subsidiaries and intercompany balances and transactions, including transactions with the Company’s wh olly-owned subsidiary guarantor and non-guarantor subsidiaries. The following financial information presents the consolidated balance sheets as of December 31, 2020 and the related consolidated statements of operations and comprehensive loss and consolidated statements of cash flows for the year ended December 31, 2020 for the Company, combined guarantor subsidiary and combined non-guarantor subsidiaries: Verra Mobility Corporation and Subsidiaries Consolidated Balance Sheets at December 31, 2020 ($ in thousands) Verra Mobility Corporation (Ultimate Parent) VM Consolidated Inc. (Guarantor Subsidiary) Non- guarantor Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ 103,969 $ 16,290 $ — $ 120,259 Restricted cash — 633 — — 633 Accounts receivable (net of allowance for credit loss of $11.5 million) — 166,749 2,034 — 168,783 Unbilled receivables — 13,452 593 — 14,045 Investment in subsidiary 177,179 77,200 — (254,379 ) — Prepaid expenses and other current assets — 21,586 2,731 — 24,317 Total current assets 177,179 383,589 21,648 (254,379 ) 328,037 Installation and service parts, net — 7,944 — — 7,944 Property and equipment, net — 65,547 4,737 — 70,284 Operating lease assets — 29,430 357 — 29,787 Intangible assets, net — 315,533 26,606 — 342,139 Goodwill — 524,766 61,669 — 586,435 Due from affiliates 169,259 — — (169,259 ) — Other non-current assets — 2,684 15 — 2,699 Total assets $ 346,438 $ 1,329,493 $ 115,032 $ (423,638 ) $ 1,367,325 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ — $ 22,346 $ 12,163 $ — $ 34,509 Accrued liabilities — 11,617 4,019 — 15,636 Payable to related party pursuant to tax receivable agreement, current portion — 4,791 — — 4,791 Current portion of long-term debt — 9,104 — — 9,104 Total current liabilities — 47,858 16,182 — 64,040 Long-term debt, net of current portion — 832,941 — — 832,941 Operating lease liabilities, net of current portion — 27,854 132 — 27,986 Payable to related party pursuant to tax receivable agreement, net of current portion — 67,869 — — 67,869 Asset retirement obligation — 6,409 — — 6,409 Due to affiliates — 152,914 16,345 (169,259 ) — Deferred tax liabilities, net — 15,975 5,173 — 21,148 Other long-term liabilities — 494 — — 494 Total liabilities — 1,152,314 37,832 (169,259 ) 1,020,887 Total stockholders' equity 346,438 177,179 77,200 (254,379 ) 346,438 Total liabilities and stockholders' equity $ 346,438 $ 1,329,493 $ 115,032 $ (423,638 ) $ 1,367,325 Verra Mobility Corporation and Subsidiaries Consolidated Statements of Operations and Comprehensive Loss Year Ended December 31, 2020 ($ in thousands) Verra Mobility Corporation (Ultimate Parent) VM Consolidated Inc. (Guarantor Subsidiary) Non- guarantor Subsidiaries Eliminations Consolidated Service revenue $ — $ 322,972 $ 13,302 $ — $ 336,274 Product sales — 57,319 — — 57,319 Total revenue — 380,291 13,302 — 393,593 Cost of service revenue — 1,774 2,193 — 3,967 Cost of product sales — 29,573 — — 29,573 Operating expenses — 108,659 7,070 — 115,729 Selling, general and administrative expenses — 84,732 4,932 — 89,664 Depreciation, amortization and (gain) loss on disposal of assets, net — 111,968 4,876 — 116,844 Total costs and expenses — 336,706 19,071 — 355,777 Income (loss) from operations — 43,585 (5,769 ) — 37,816 Loss from equity investment 3,445 5,361 — (8,806 ) — Interest expense, net — 40,865 — — 40,865 Tax receivable agreement liability adjustment — 6,850 — — 6,850 Other income, net — (11,692 ) (193 ) — (11,885 ) Total other expenses (income) 3,445 41,384 (193 ) (8,806 ) 35,830 Loss before income tax provision (benefit) (3,445 ) 2,201 (5,576 ) 8,806 1,986 Income tax provision (benefit) — 5,646 (215 ) — 5,431 Net loss $ (3,445 ) $ (3,445 ) $ (5,361 ) $ 8,806 $ (3,445 ) Other comprehensive income: Change in foreign currency translation adjustment — — 2,788 — 2,788 Total comprehensive loss $ (3,445 ) $ (3,445 ) $ (2,573 ) $ 8,806 $ (657 ) Verra Mobility Corporation and Subsidiaries Consolidated Statements of Cash Flows Year Ended December 31, 2020 ($ in thousands) Verra Mobility Corporation (Ultimate Parent) VM Consolidated Inc. (Guarantor Subsidiary) Non- guarantor Subsidiaries Eliminations Consolidated Cash Flows from Operating Activities: Net loss $ (3,445 ) $ (3,445 ) $ (5,361 ) $ 8,806 $ (3,445 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization — 111,710 4,860 — 116,570 Amortization of deferred financing costs and discounts — 5,437 — — 5,437 Tax receivable agreement liability adjustment — 6,850 — — 6,850 Credit loss expense — 14,355 32 — 14,387 Deferred income taxes — (3,798 ) (948 ) — (4,746 ) Stock-based compensation — 12,589 — — 12,589 Installation and service parts expense — 677 — — 677 Accretion expense — 259 — — 259 Loss on disposal of assets — 258 16 — 274 Loss from equity investment 3,445 5,361 — (8,806 ) — Changes in operating assets and liabilities: Accounts receivable, net — (92,977 ) 2,389 — (90,588 ) Unbilled receivables — 5,864 100 — 5,964 Prepaid expenses and other assets — 3,996 (167 ) — 3,829 Accounts payable and accrued liabilities — (15,035 ) (1,832 ) — (16,867 ) Due to affiliates — (2,447 ) 2,447 — — Other liabilities — (4,281 ) — — (4,281 ) Net cash provided by operating activities — 45,373 1,536 — 46,909 Cash Flows from Investing Activities: Purchases of installation and service parts and property and equipment — (21,160 ) (3,100 ) — (24,260 ) Cash proceeds from the sale of assets — 107 — — 107 Net cash used in investing activities — (21,053 ) (3,100 ) — (24,153 ) Cash Flows from Financing Activities: Repayment of long-term debt — (28,779 ) — — (28,779 ) Payment of debt issuance costs — (1,078 ) — — (1,078 ) Payment of employee tax withholding related to RSUs vesting — (4,147 ) — — (4,147 ) Net cash used in financing activities — (34,004 ) — — (34,004 ) Effect of exchange rate changes on cash and cash equivalents — — (290 ) — (290 ) Net decrease in cash, cash equivalents and restricted cash — (9,684 ) (1,854 ) — (11,538 ) Cash, cash equivalents and restricted cash - beginning of period — 114,286 18,144 — 132,430 Cash, cash equivalents and restricted cash - end of period $ — $ 104,602 $ 16,290 $ — $ 120,892 Verra Mobility Corporation and Subsidiaries Consolidated Statements of Cash Flows (Continued) Year Ended December 31, 2020 Verra Mobility Corporation (Ultimate Parent) VM Consolidated Inc. (Guarantor Subsidiary) Non- guarantor Subsidiaries Eliminations Consolidated Supplemental cash flow information: Interest paid $ — $ 35,822 $ — $ — $ 35,822 Income taxes paid, net of refunds — 12,318 320 — 12,638 Supplemental non-cash investing and financing activities: Earn-out shares issued to Platinum Stockholder 18,287 — — — 18,287 Additions to ARO, property and equipment, and other — 133 — — 133 Purchases of installation and service parts and property and equipment in accounts payable and accrued liabilities at year-end — 1,289 — — 1,289

Subsequent Event

Subsequent Event	12 Months Ended
	Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent Event	21. Subsequent Event On January 21, 2021, we entered into a Scheme Implementation Agreement (the “ Agreement Redflex Transaction

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company prepared in accordance with GAAP. All intercompany balances and transactions have been eliminated in consolidation. In the opinion of the Company’s management, the consolidated financial statements reflect all adjustments, which are normal and recurring in nature, necessary for fair financial statement presentation.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant items subject to such estimates and assumptions include the fair values assigned to net assets acquired (including identifiable intangibles) in business combinations, the carrying amounts of long-lived assets and goodwill, the carrying amount of installation and service parts, the allowance for credit loss, valuation allowances on deferred tax assets, asset retirement obligations, contingent consideration and the recognition and measurement of loss contingencies. Management believes that its estimates and assumptions are reasonable in the circumstances; however, actual results could differ materially from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with a remaining maturity of three months or less when acquired to be cash equivalents.
Restricted Cash	Restricted Cash The Company collects citation fees for customers under certain contracts, which it deposits daily into Company bank accounts and transfers to customer-owned bank accounts on a continuous basis. Restricted cash represents customer cash collected but not yet remitted to the customer. Restricted cash is classified as a current asset and the corresponding liability due to customers is classified in current liabilities.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash and cash equivalents, accounts receivable and unbilled receivables. The Company limits cash and cash equivalents to highly rated financial institutions. Significant customers are those which represent more than 10% of the Company’s total revenue and accounts receivable. Revenue from one of the Government Solutions customers as a percent of total revenue is presented below for the years ended December 31, 2020, 2019 and 2018, respectively: For the Year Ended December 31, 2020 2019 2018 City of New York Department of Transportation 31.3 % 14.6 % 9.3 % As of December 31, 2020, the City of New York Department of Transportation (“ NYCDOT 58.9 Legacy Contract Emergency Contract $28.8 $20.5 $52.6 million $17.4 amounts were deemed collectible based on current conditions and expectations. For additional information on the risks and uncertainties relating to our contracts with NYCDOT, please see the risk factor entitled “ The New York City Law Department recently advised us that the City of New York is investigating certain aspects of our installation work for our largest customer, NYCDOT ” set forth in Part I, Item 1A. “ Risk Factors .” Significant customer revenue generated through the Company’s Commercial Services partners as a percent of total revenue is presented below for the years ended December 31, 2020, 2019 and 2018, respectively: For the Year Ended December 31, 2020 2019 2018 Hertz Corporation 12.0 % 18.7 % 19.3 % Avis Budget Group, Inc. 9.5 % 14.5 % (a) Enterprise Holdings, Inc. 11.3 % 13.5 % (a) (a) These two customers were part of the Company’s 2018 acquisition of Highway Toll Administration, LLC and Canada Highway Toll Administration.
Allowance for Credit Loss	Allowance for Credit Loss Accounts receivable and unbilled receivables are uncollateralized customer obligations arising from the sale of products or services. Accounts receivable and unbilled receivables have normal trade terms of less than one year and are initially stated at the amounts billed to the customers and subsequently measured at amortized cost net of allowance for credit loss. Unbilled receivables are recorded when revenues have been earned but have not been included on a customer invoice through the end of the current period. Unbilled receivables generally represents commercial tolls and violations paid by the Company on a behalf of rental car and fleet management customers that will be invoiced in future periods. The Company reviews historical loss rates, customer payment trends and collection rates on customer balances in accordance with the new current expected credit losses (“ CECL No The Company identified portfolio segments based on the type of business, industry in which the customer operates and historical credit loss patterns. The following presents by portfolio segment accounts receivable, net and the activity in the allowance for credit loss for the year ended December 31, 2020: ($ in thousands) Commercial Services (Driver-billed) (1) Commercial Services (All other) Government Solutions Total Accounts receivable, net at January 1, 2020 (2) $ 9,793 $ 51,158 $ 31,744 $ 92,695 Allowance for credit loss at January 1, 2020 (2) $ 5,272 $ 1,406 $ 1,778 $ 8,456 Credit loss expense 6,554 4,941 2,892 14,387 Write-offs, net of recoveries (8,616 ) (2,074 ) (686 ) (11,376 ) Allowance for credit loss at December 31, 2020 $ 3,210 $ 4,273 $ 3,984 $ 11,467 Accounts receivable, net at December 31, 2020 $ 11,060 $ 48,169 $ 109,554 $ 168,783 (1) (2) The allowance for credit loss at December 31, 2020 includes $14.4 million of expense for total expected credit losses offset by write-offs, net of recoveries for the fiscal year. The increase in accounts receivable, net in the Government Solutions portfolio segment is due to NYCDOT discussed above, which the Company believes is not at risk of non-payment based on current conditions and expectations . The allowance for doubtful accounts developed under the legacy incurred loss model was $7.6 million as of December 31, 2019.
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC Topic 820, Fair Value Measurement, Level 1 – Fair value is based on observable inputs such as quoted prices for identical assets or liabilities in active markets. Level 2 – Fair value is determined using quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active or inputs other than quoted prices that are directly or indirectly observable. Level 3 – Fair value is determined using one or more significant inputs that are unobservable in active markets at the measurement date, such as a pricing model, discounted cash flow, or similar technique. The carrying amounts reported in the Company’s consolidated balance sheets for cash, accounts receivable, accounts payable and accrued expenses approximate fair value due to the immediate to short-term maturity of these financial instruments. The estimated fair value of the Company’s New First Lien Term Loan as of December 31, 2020 and 2019 was categorized in Level 2 of the fair value hierarchy and was calculated based upon available market information. The carrying value and fair value of long-term debt is as follows: Level in December 31, 2020 December 31, 2019 Fair Value Carrying Estimated Carrying Estimated ($ in thousands) Hierarchy Amount Fair Value Amount Fair Value Total long-term debt 2 $ 842,045 $ 861,314 $ 866,465 $ 905,601
Installation and Service Parts	Installation and Service Parts Installation and service parts consist of components used in the construction and maintenance of our photo enforcement systems. Installation and service parts are stated at cost and are reclassified to property and equipment upon initiation of construction. Installation and service parts used in repairs and maintenance are recorded in operating expenses.
Property and Equipment	Property and Equipment Property and equipment are stated at cost less accumulated depreciation. All repairs and maintenance costs are expensed as incurred. Depreciation is recorded on a straight-line basis over the estimated useful lives of the related assets as follows: Building 39 years Equipment installed at customer sites 3-7 years Computer equipment 3-5 years Furniture 5-10 years Automobiles 5-6 years Software 3-5 years Leasehold improvements Shorter of lease term or estimated useful life Equipment installed at customer sites includes certain installation costs that qualify for capitalization. Software costs include certain internal and external costs associated with the development of software that are incurred during the application development stage. In addition, a modification or upgrade to existing software is capitalized only to the extent it results in additional functionality to existing software. Software maintenance and training costs are expensed as incurred. The Company capitalized internally developed software costs of $5.1 million, $2.1 million and $2.2 million during fiscal years 2020, 2019, and 2018 respectively.
Goodwill	Goodwill Goodwill represents the excess of the purchase price over the estimated fair value of net tangible and identifiable intangible assets acquired in business combinations. Goodwill is assessed for impairment at least annually at the reporting unit level or more frequently if events or changes in circumstances indicate the carrying value may not be recoverable. If, based on a qualitative analysis, it is determined more-likely-than-not that the fair value of the reporting unit is less than its carrying amount, a one-step quantitative impairment test is performed in accordance with ASU 2017-04. Application of the goodwill impairment test requires judgment, including the identification of reporting units, the assignment of assets (including goodwill) to those reporting units and the determination of the fair value of each reporting unit. The date of the Company’s annual impairment analysis is October 1. As described in Note 18, the Company has two operating segments, which are also the Company’s reporting units. We adopted ASU 2017-04 as of January 1, 2020 as discussed in Recent Accounting Pronouncements Goodwill and Intangibles Assets
Intangible Assets	Intangible Assets Intangible assets represent existing customer relationships, trademarks, developed technology and non-compete agreements. Intangible assets are amortized over their respective estimated useful lives on a straight-line basis, which approximates the utilization of their expected future benefits. Amortization of intangible assets is included in depreciation, amortization and (gain) loss on disposal of assets, net in the consolidated statements of operations. The Company annually evaluates the estimated remaining useful lives of its intangible assets to determine whether events or changes in circumstances warrant a revision to the remaining period of amortization.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews its long-lived assets (including intangible assets with finite useful lives and installation and service parts) for impairment whenever events or circumstances indicate that the carrying amount of an asset or an asset group may not be fully recoverable. The Company assesses recoverability by comparing the estimated undiscounted future cash flows expected to be generated by the asset or asset group with its carrying value. If the carrying value of the asset or asset group exceeds the estimated undiscounted future cash flows, an impairment loss is recognized for the difference between the estimated fair value and the carrying value. The state of Texas passed legislation as of June 1, 2019 to ban red-light photo enforcement programs across the state, with certain carve-outs for some existing programs. The Company considered this a triggering event for potential impairment and evaluated the recoverability of property and equipment used in the operations of red-light photo enforcement programs in Texas. As a result, the Company recognized an impairment charge in the Government Solutions segment of $5.9 million for fiscal year 2019, which is included in impairment of property and equipment in the consolidated statements of operations. We did not have impairment losses on long-lived assets for the years ended December 31, 2020 or December 31, 2018.
Self-Insurance	Self-Insurance The Company is self-insured for medical costs and has stop-loss insurance policies to limit its exposure to individual and aggregate claims made. Liabilities for these programs are estimated based on outstanding claims and claims estimated to be incurred but not yet reported using historical loss experience. These estimates are subject to variability due to changes in trends of losses for outstanding claims and incurred but not reported claims, including external factors such as the number, and cost of, claims, benefit level changes and claim settlement patterns.
Asset Retirement Obligation	Asset Retirement Obligation The Company records obligations to perform certain retirement activities on camera and speed enforcement systems in the period that the related assets are placed in service. Asset retirement obligations are contractual obligations to restore property to its initial state. These obligations, which are initially estimated based on discounted cash flow estimates, are accreted to full value over time through charges to operating expenses in the consolidated statements of operations. The associated asset retirement obligation is capitalized as part of the related asset’s carrying value and is depreciated over the asset’s estimated remaining useful life.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs consist of the costs incurred to obtain long-term financing, including the Company’s credit facilities (See Note 9). These costs, which are a reduction to long-term debt on the consolidated balance sheets, are amortized over the term of the related debt, using the effective interest method for term debt and the straight-line method for revolving credit facilities. Amortization of deferred financing costs for fiscal years 2020, 2019 and 2018 was $5.4 million, $6.6 million, and $9.2 million respectively.
Income Taxes	Income Taxes The Company accounts for income taxes under the asset and liability method. This approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of differences between the tax basis of assets or liabilities and their carrying amounts in the financial statements. Deferred tax assets generally represent items that can be used as a tax deduction or credit in tax return in future years, while deferred tax liabilities generally represent items that generate a future tax liability for items where deductions have been accelerated for tax purposes. The Company provides a valuation allowance for deferred tax assets if it is more likely than not that some portion or all of the tax assets will not be realized The Company’s effective tax rate is based on income, statutory tax rates, differences in the deductibility of certain expenses and inclusion of certain income items between financial statement and tax return purposes, and tax planning opportunities available to it in the various jurisdictions in which it operates. Under GAAP, if the Company determines that a tax position is more likely than not of being sustained upon audit, based solely on the technical merits of the position, the Company recognizes the benefit. Tax code and regulations require certain items to be included in the tax return at different times than when those items are required to be recorded in the consolidated financial statements. As a result, the effective tax rate reflected in its consolidated financial statements is different from that reported in its tax returns. Some of these differences are permanent, such as meals and entertainment expenses that are not fully deductible on the Company’s tax returns, and some are temporary differences, such as depreciation expense. Temporary differences create deferred tax assets and liabilities. The Company recognizes benefits on uncertain tax positions if it is more likely than not that such positions will be sustained upon examination based solely on their technical merits. The Company’s policy is to recognize interest and penalties related to the underpayment of income taxes as a component of income tax expense or benefit.
Stock-based Compensation	Stock-based Compensation In October 2018, the Company established the Verra Mobility 2018 Equity Incentive Plan (the “ 2018 Plan RSUs PSUs The Company recognizes the fair value of RSUs based on the Company’s common stock price at market close on the date of the grant. The Company uses the Black-Scholes model to determine the fair value of stock options, and uses the Monte Carlo simulation model to determine the fair value of PSUs containing market conditions. The Black-Scholes model requires an assumption regarding the expected life of the stock option, which the Company estimated to be 6.25 years by applying the short-cut method permitted under SEC Staff Accounting Bulletin No. 110. The expected term of the PSUs granted in 2020 was three years, which matches the awards’ performance period. RSUs and stock options vest based on the continued service of the recipient. PSUs are issued upon continued service along with the relative satisfaction of a market condition that measures the Company’s total stockholder return relative to a comparably calculated return for a peer group during the performance period. In addition, the Black-Scholes and the Monte Carlo models require assumptions to be made regarding the expected volatility of the Company’s stock price. Stock price volatility is determined by averaging an implied volatility with a measure of historical volatility. Stock options granted in 2020 had an expected volatility that ranged from approximately 30% to 60% and the risk-free rate ranged from approximately 0.40% to 0.70%. The expected volatility of PSUs granted in 2020 was approximately 35% and the risk-free rate used was approximately 0.60%. Stock-based compensation expense for share-based awards is determined based on the grant date fair value. The Company recognizes these compensation costs on a straight-line basis over the requisite service period of the award, which is generally the vesting term of the share based payment award. The compensation expense for the PSUs is recognized over the requisite service period regardless of whether the market condition is satisfied. Forfeitures are accounted for as they occur. See Note 14, Equity Incentive Plan .
Revenue Recognition	Revenue Recognition Nature of Goods and Services The following is a description of principal activities – separated by reportable segments – from which the Company generates revenue: a) b) For bundled packages, the Company accounts for individual products and services separately if they are distinct – i.e., if a product or service is separately identifiable from other items in the bundle and if a customer can benefit from it as a stand-alone item. The consideration is allocated between separate products and services in a bundle based on their stand-alone selling prices (“ SSP o o Service revenue – The Company determined its performance obligation is to provide a complete end-to-end safety and enforcement solution. Promises include providing a system to capture images, processing images taken by the camera, forwarding eligible images to the local police department and processing payments on behalf of the municipality. The Company determined that certain of the promises to its customers are capable of being distinct, as they may provide some measure of benefit to the customer either on their own or together with other resources that are readily available to the customer. However, the Company determined that the promises to its customers do not meet the criterion of being distinct within the context of its contracts. The Company would not be able to fulfill its promises individually, as its customers could not obtain the intended benefit from the contract without the Company fulfilling all promises. Accordingly, the Company concluded that each contract represents one service offering and is a single performance obligation to our customer. Further, the Company accounts for all the services as a single continuous service. The Company applies the series guidance for those services as it stands ready to deliver those services over the contract period. The Company recognizes revenue from services over time, as they are performed. Remaining Performance Obligations As of December 31, 2020, the Company had approximately $0.2 million of remaining performance obligations in the Government Solutions segment, which include amounts that will be invoiced and recognized in future periods. The remaining performance obligations are limited only to arrangements that meet the definition of a contract under ASC 606 as of December 31, 2020. As these amounts relate to the initial deferral of revenue under a contract, the Company expects to recognize these amounts over a two month period at the end of the contract. Significant Judgments Judgments are required in order to estimate transaction prices. Additional judgments are required for identifying the performance obligations and determining whether the services provided are able to be distinct, determining the transaction price as it relates to the different variable consideration structures identified in our contracts, the estimation of the SSP and the allocation of the transaction price by relative SSPs. Assumptions regarding timing of when control transfers to the customer also requires judgment in order to recognize revenue.
Credit Card Rebates	Credit Card Rebates The Company earns volume rebates from total spend on purchasing cards and recognizes the income in other income, net in the consolidated statements of operations. For the fiscal years ended December 31, 2020, 2019 and 2018, the Company recorded $8.5 million, $11.8 million, and $8.9 million respectively, related to rebates.
Advertising Costs	Advertising Costs The Company expenses advertising costs as incurred. Advertising costs for the fiscal years ended December 31, 2020, 2019 and 2018, were $0.8 million, $2.3 million, $1.4 million, respectively and were included in selling, general, and administrative expenses in the consolidated statements of operations.
Foreign Currency	Foreign Currency The assets and liabilities of our foreign subsidiaries whose functional currency is not the U.S. dollar are translated into U.S. dollars at current exchange rates while revenue and expenses are translated from functional currencies at average monthly exchange rates. The resulting translation adjustments are recorded in accumulated other comprehensive income (loss) in stockholders’ equity. Certain assets and liabilities denominated in foreign currencies that differ from their functional currencies are re-measured at the exchange rate on the balance sheet date. The foreign currency effect of the re-measurement of these assets and liabilities is included in other income, net in the consolidated statements of operations. The impact of foreign currency re-measurements was gains (losses) of $0.4 million, $(0.6) million and $(0.1) million for the fiscal years ended December 31, 2020, 2019 and 2018, respectively.
Acquisitions	Acquisitions The Company applies the asset acquisition method to account for business acquisitions. The Company allocates the fair value of the purchase price consideration to assets acquired and liabilities assumed based on their estimated fair values. The excess of the purchase consideration over the fair value of the identifiable assets and liabilities is recorded as goodwill. The determination and allocation of fair values to the identifiable assets acquired and liabilities assumed is based on various assumptions and valuation methodologies requiring considerable management judgment, and includes the use of independent valuation specialists to assist the Company in estimating fair values of acquired tangible and intangible assets. Although the Company believes that the assumptions applied in the determination are reasonable based on information available at the date of acquisition, actual results may differ from estimates.
Segment Information	Segment Information The Company determined it has two operating and reportable segments (Commercial Services and Government Solutions) for which discrete financial information is available and is regularly reviewed by the Company’s chief operating decision maker function (“ CODM
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Standards Adopted In January 2017, the Financial Accounting Standards Board (“ FASB ASU Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment year Goodwill and Intangible Assets In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, CECL The Company adopted the CECL standard as of January 1, 2020 through a cumulative effect adjustment of $0.7 million, net of tax, to the opening balance of accumulated deficit. The adjustment increased accumulated deficit and increased the allowance for credit loss accounts. Subsequent impacts to the allowance for credit loss have been recorded through the credit loss expense account included within selling, general and administrative expenses in our consolidated statements of operations and as an allowance for credit loss on our consolidated balance sheet. See Allowance for Credit Loss Accounting Standards Not Yet Adopted In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. On March 12, 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Concentration of Credit Risk	Revenue from one of the Government Solutions customers as a percent of total revenue is presented below for the years ended December 31, 2020, 2019 and 2018, respectively: For the Year Ended December 31, 2020 2019 2018 City of New York Department of Transportation 31.3 % 14.6 % 9.3 % Significant customer revenue generated through the Company’s Commercial Services partners as a percent of total revenue is presented below for the years ended December 31, 2020, 2019 and 2018, respectively: For the Year Ended December 31, 2020 2019 2018 Hertz Corporation 12.0 % 18.7 % 19.3 % Avis Budget Group, Inc. 9.5 % 14.5 % (a) Enterprise Holdings, Inc. 11.3 % 13.5 % (a) (a) These two customers were part of the Company’s 2018 acquisition of Highway Toll Administration, LLC and Canada Highway Toll Administration.
Summary of Accounts Receivable, Net and Activity in Allowance for Credit Loss by Portfolio Segment	The Company identified portfolio segments based on the type of business, industry in which the customer operates and historical credit loss patterns. The following presents by portfolio segment accounts receivable, net and the activity in the allowance for credit loss for the year ended December 31, 2020: ($ in thousands) Commercial Services (Driver-billed) (1) Commercial Services (All other) Government Solutions Total Accounts receivable, net at January 1, 2020 (2) $ 9,793 $ 51,158 $ 31,744 $ 92,695 Allowance for credit loss at January 1, 2020 (2) $ 5,272 $ 1,406 $ 1,778 $ 8,456 Credit loss expense 6,554 4,941 2,892 14,387 Write-offs, net of recoveries (8,616 ) (2,074 ) (686 ) (11,376 ) Allowance for credit loss at December 31, 2020 $ 3,210 $ 4,273 $ 3,984 $ 11,467 Accounts receivable, net at December 31, 2020 $ 11,060 $ 48,169 $ 109,554 $ 168,783 (1) (2)
Carrying Value and Fair Value of Long-term Debt	The carrying value and fair value of long-term debt is as follows: Level in December 31, 2020 December 31, 2019 Fair Value Carrying Estimated Carrying Estimated ($ in thousands) Hierarchy Amount Fair Value Amount Fair Value Total long-term debt 2 $ 842,045 $ 861,314 $ 866,465 $ 905,601
Estimated Useful Lives of Property and Equipment	Property and equipment are stated at cost less accumulated depreciation. All repairs and maintenance costs are expensed as incurred. Depreciation is recorded on a straight-line basis over the estimated useful lives of the related assets as follows: Building 39 years Equipment installed at customer sites 3-7 years Computer equipment 3-5 years Furniture 5-10 years Automobiles 5-6 years Software 3-5 years Leasehold improvements Shorter of lease term or estimated useful life

Mergers and Acquisitions (Table

Mergers and Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Summary of Final Allocation of Purchase Consideration	The final allocation of the purchase consideration is summarized as follows: ($ in thousands) Assets acquired Cash $ 1,086 Other assets 5,047 Trademark 771 Customer relationships 5,946 Developed technology 4,624 Non-compete agreements 440 Goodwill 17,528 Total assets acquired 35,442 Liabilities assumed Accounts payable and accrued expenses 6,045 Deferred tax liability 2,801 Total liabilities assumed 8,846 Total purchase price $ 26,596

Prepaid Expenses and Other Cu_2

Prepaid Expenses and Other Current Assets (Tables)	12 Months Ended
	Dec. 31, 2020
Prepaid Expense And Other Assets Current [Abstract]
Schedule of Prepaid Expenses and Other Current Assets	Prepaid expenses and other current assets consist of the following at December 31: ($ in thousands) 2020 2019 Prepaid tolls $ 9,237 $ 10,116 Deposits 3,474 3,642 Prepaid services 2,989 5,201 Prepaid computer maintenance 2,732 2,923 Prepaid insurance 2,641 1,485 Prepaid income taxes 2,354 1,025 Other 890 2,099 Total prepaid expenses and other current assets $ 24,317 $ 26,491

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2020
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment, Net	Property and equipment, net, consists of the following at December 31: ($ in thousands) 2020 2019 Equipment installed at customer sites $ 80,880 $ 71,464 Software 19,202 13,839 Leasehold improvements 9,938 8,809 Computer equipment 10,974 8,882 Furniture 2,079 1,681 Automobiles 2,899 2,128 Construction in progress 4,876 4,773 Property and equipment 130,848 111,576 Less: accumulated depreciation (60,564 ) (39,310 ) Property and equipment, net $ 70,284 $ 72,266

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Goodwill by Reportable Segment	The following table presents the changes in the carrying amount of goodwill by reportable segment: Commercial Government ($ in thousands) Services Solutions Total Balance at December 31, 2018 $ 404,977 $ 159,746 $ 564,723 Goodwill from Pagatelia acquisition 17,528 — 17,528 Foreign currency translation adjustment 1,899 — 1,899 Balance at December 31, 2019 424,404 159,746 584,150 Foreign currency translation adjustment 2,285 — 2,285 Balance at December 31, 2020 $ 426,689 $ 159,746 $ 586,435
Schedule of Intangible Assets of Respective Period Ends	Intangible assets consist of the following as of the respective period-ends: Weighted Weighted At December 31, 2020 Average Average Gross Remaining Amortization Carrying Accumulated ($ in thousands) Useful Life Period Amount Amortization Trademarks 0.3 years 3.0 years $ 32,223 $ 29,358 Non-compete agreements 2.0 years 5.0 years 62,589 37,412 Customer relationships 5.9 years 8.9 years 367,512 123,784 Developed technology 2.3 years 5.5 years 166,217 95,848 Gross carrying value of intangible assets 628,541 $ 286,402 Less: accumulated amortization (286,402 ) Intangible assets, net $ 342,139 Weighted Weighted At December 31, 2019 Average Average Gross Remaining Amortization Carrying Accumulated ($ in thousands) Useful Life Period Amount Amortization Trademarks 1.5 years 3.0 years $ 32,127 $ 19,106 Non-compete agreements 3.0 years 5.0 years 62,549 24,834 Customer relationships 6.9 years 8.9 years 366,533 82,903 Developed technology 3.3 years 5.5 years 165,708 65,631 Gross carrying value of intangible assets 626,917 $ 192,474 Less: accumulated amortization (192,474 ) Intangible assets, net $ 434,443
Estimated Amortization Expense in Future Years	Estimated amortization expense in future years is expected to be: ($ in thousands) 2021 $ 85,935 2022 81,167 2023 52,493 2024 42,000 2025 39,302 Thereafter 41,242 Total $ 342,139

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
	Dec. 31, 2020
Payables And Accruals [Abstract]
Schedule of Accrued Liabilities	Accrued liabilities consist of the following at December 31: ($ in thousands) 2020 2019 Accrued salaries and wages $ 4,432 $ 10,319 Current portion of operating lease liabilities 3,179 2,970 Advanced deposits payable 2,922 2,875 Payroll liabilities 1,755 149 Deferred income 750 691 Self-insurance liability 682 411 Other 1,916 2,132 Total accrued liabilities $ 15,636 $ 19,547

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	12 Months Ended
	Dec. 31, 2020
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Changes in Asset Retirement Obligation	The following table summarizes changes in the Company’s asset retirement obligation for the years ended December 31: ($ in thousands) 2020 2019 Asset retirement obligation, beginning balance $ 6,309 $ 6,750 Liabilities incurred 133 230 Accretion expense 259 350 Liabilities settled (292 ) (1,021 ) Asset retirement obligation, ending balance $ 6,409 $ 6,309

Long-term Debt (Tables)

Long-term Debt (Tables)	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Summary of the Company's Long-term Debt	The following table provides a summary of the Company’s long-term debt at December 31: ($ in thousands) 2020 2019 New First Lien Term Loan, due February 28, 2025 $ 865,642 $ 894,421 Less: original issue discounts (3,952 ) (4,778 ) Less: unamortized deferred financing costs (19,645 ) (23,178 ) Total long-term debt 842,045 866,465 Less: current portion of long-term debt (9,104 ) (28,779 ) Total long-term debt, net of current portion $ 832,941 $ 837,686
Scheduled Aggregate Future Principal Payments of Long-term Debt	The following table presents the aggregate principal payments in future years on long-term debt at December 31, 2020: ($ in thousands) 2021 $ 9,104 2022 9,104 2023 9,104 2024 9,104 2025 829,226 Thereafter — Total $ 865,642
Schedule of Consolidated First Lien Net Leverage Ratio and Applicable Prepayment Percentage	In addition, the New First Lien Term Loan requires mandatory prepayments equal to the product of the excess cash flows of the Company (as defined in the loan agreement) and the applicable prepayment percentages (calculated as of the last day of the fiscal year, beginning with the year ending December 31, 2019), as set forth in the following table: Consolidated first lien net leverage ratio (as defined by the New First Lien Term Loan agreement) Applicable prepayment percentage > 3.70:1.00 50% < 25% < 0%

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2020
Leases [Abstract]
Summary of Operating Lease Assets and Liabilities	The following is a summary of the operating lease liabilities as of December 31: ($ in thousands) 2020 2019 Operating lease liabilities, net of current portion $ 27,986 $ 30,130 Current portion 3,179 2,970 Total operating lease liabilities $ 31,165 $ 33,100
Summary of Future Maturities of Operating Lease Liabilities	The following provides future maturities of operating lease liabilities as of December 31, 2020: ($ in thousands) 2021 $ 4,737 2022 3,641 2023 3,094 2024 2,998 2025 2,992 Thereafter 26,023 Total minimum payments $ 43,485 Less: amount representing interest (12,320 ) Total $ 31,165

Net (Loss) Income Per Share (Ta

Net (Loss) Income Per Share (Tables)	12 Months Ended
	Dec. 31, 2020
Earnings Per Share [Abstract]
Schedule of Components of Basic and Diluted Net (Loss) Income Per Share	The components of basic and diluted net (loss) income per share are as follows: For the Year Ended December 31, (In thousands, except per share data) 2020 2019 2018 Numerator: Net (loss) income $ (3,445 ) $ 33,343 $ (58,394 ) Denominator: Weighted average shares - basic 161,632 157,890 87,320 Common stock equivalents — 3,632 — Weighted average shares - diluted 161,632 161,522 87,320 Net (loss) income per share - basic $ (0.02 ) $ 0.21 $ (0.67 ) Net (loss) income per share - diluted $ (0.02 ) $ 0.21 $ (0.67 ) Antidilutive shares excluded from diluted net (loss) income per share (1) Contingently issuable shares (2) 5,000 8,304 10,000 Warrants 20,000 5,000 20,000 Non-qualified stock options 614 — — Performance share units 106 — — Restricted stock units 2,203 21 4,437 Total antidilutive shares excluded 27,923 13,325 34,437 (1) These amounts represent outstanding shares as of fiscal years ended December 31, 2020 and 2018 and weighted average antidilutive shares for fiscal year ended December 31, 2019. (2) Contingently issuable shares relate to the earn-out agreement as discussed in Note 16, Related Party Transactions .

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of Income (Loss) Before Income Tax Provision (Benefit)	The income (loss) before income tax provision (benefit) consisted of: For the Year Ended December 31, ($ in thousands) 2020 2019 2018 U.S. $ 7,562 $ 49,922 $ (75,283 ) Foreign (5,576 ) (2,998 ) 648 Total income (loss) before income tax provision (benefit) $ 1,986 $ 46,924 $ (74,635 )
Schedule of Income Tax Provision (Benefit)	The income tax provision (benefit) consisted of the following items: For the Year Ended December 31, ($ in thousands) 2020 2019 2018 Current Federal $ 4,169 $ 16,901 $ 5,687 State 5,399 7,316 1,624 Foreign 652 673 883 Total current 10,220 24,890 8,194 Deferred Federal (1,308 ) (8,542 ) (18,334 ) State (2,615 ) (2,092 ) (5,669 ) Foreign (866 ) (675 ) (432 ) Total deferred (4,789 ) (11,309 ) (24,435 ) Income tax provision (benefit) $ 5,431 $ 13,581 $ (16,241 )
Schedule of Reconciliation to Income Tax Provision (Benefit)	A reconciliation to the income tax provision (benefit) from the amounts computed by applying the statutory U.S. federal income tax rate is as follows: For the Year Ended December 31, ($ in thousands) 2020 2019 2018 Income tax provision (benefit) at statutory rate $ 416 $ 9,854 $ (15,674 ) State income taxes, net of federal income tax effect 1,188 2,360 (3,785 ) Tax rate changes/ valuation of deferred tax items 1,353 998 (1,457 ) 162(m) limitation 1,179 1,289 — Non-deductible expenses 1,748 450 676 Unrecognized tax benefits (929 ) (741 ) 600 Change in valuation allowance 924 317 2,149 Non-deductible transaction costs 19 270 1,172 Research and development credits (121 ) (232 ) (602 ) Global intangible low tax inclusion — — 478 Other (346 ) (984 ) 202 Total income tax provision (benefit) $ 5,431 $ 13,581 $ (16,241 )
Components of Deferred Income Tax Assets and Liabilities	Significant components of the Company’s deferred income tax assets and liabilities consist of the following at December 31: ($ in thousands) 2020 2019 Deferred tax assets: Accrued expenses and other $ 1,027 $ 1,538 Allowance for credit loss 4,838 2,280 Net operating loss carryforward 3,626 2,612 Interest expense limitation carryforward 1,070 5,687 Federal and state income tax credits 1,132 1,060 ASC 842 operating lease liabilities 8,679 8,660 Transaction costs 319 — Other 1,210 1,935 Gross deferred tax assets 21,901 23,772 Valuation allowance (3,422 ) (2,564 ) Deferred tax assets, net of valuation allowance 18,479 21,208 Deferred tax liabilities: Intangible assets and transaction costs (16,358 ) (27,489 ) Property and equipment (10,285 ) (9,941 ) Financing costs (3,730 ) (482 ) Prepaid assets (957 ) (604 ) ASC 842 operating lease assets (8,297 ) (8,408 ) Gross deferred tax liabilities (39,627 ) (46,924 ) Total deferred tax liabilities, net $ (21,148 ) $ (25,716 )
Summary of Activity Related to Unrecognized Tax Benefits	The following table summarizes the activity related to the Company’s unrecognized tax benefits as of December 31: ($ in thousands) 2020 2019 Balance at the beginning of the year $ 1,735 $ 2,529 Increases/(decreases) related to current year tax positions 126 (79 ) Increases/(decreases) related to prior year tax positions 299 45 Expiration due to statute of limitations (1,207 ) (760 ) Balance at the end of the year $ 953 $ 1,735

Equity Incentive Plan (Tables)

Equity Incentive Plan (Tables)	12 Months Ended
	Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Summary of Activity of Stock Options	The following table summarizes the activity of the Company’s stock options: Stock Options Outstanding Shares (in thousands) Weighted Average Exercise Price Balance at December 31, 2019 — — Granted 720 $ 12.56 Vested — — Forfeited (106 ) $ 12.56 Balance at December 31, 2020 614 $ 12.56
Schedule of Components of Stock Based Compensation Expense	The following details the components of stock-based compensation for the respective periods: December 31, ($ in thousands) 2020 2019 2018 Operating expenses $ 837 $ 819 $ 137 Selling, general and administrative expenses 11,752 9,193 2,135 Total stock-based compensation expense $ 12,589 $ 10,012 $ 2,272
RSUs and PSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Summary of Activity of RSUs and PSUs	The following table summarizes the activity of the Company’s RSUs and PSUs: RSUs and PSUs (1) Shares (in thousands) Weighted Average Grant Date Fair Value Balance at December 31, 2017 — — Granted 4,437 $ 10.13 Vested — — Forfeited — — Balance at December 31, 2018 4,437 $ 10.13 Granted 400 $ 11.32 Vested (953 ) $ 10.13 Forfeited (880 ) $ 10.17 Balance at December 31, 2019 3,004 $ 10.28 Granted 692 $ 12.42 Vested (986 ) $ 10.35 Forfeited (401 ) $ 10.82 Balance at December 31, 2020 2,309 $ 10.79 (1) The awards granted in fiscal year 2020 include 116 PSUs that had a weighted average grant date fair value of $13.88, of which 10 units were forfeited. There were no PSUs that vested during fiscal year 2020.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Summary of Earn Out Shares Issued by Company to Platinum Stockholder	The Earn-Out Shares are issued by the Company to the Platinum Stockholder as follows: Common Stock Price thresholds One-time issuance of shares > $13.00 (a) 2,500,000 > $15.50 (a) 2,500,000 > $18.00 2,500,000 > $20.50 2,500,000 (a) The first and second tranches of Earn-Out Shares have been issued, as discussed below.

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
Financial Information by Segment	The following tables set forth financial information by segment for the fiscal years ended December 31, 2020, 2019 and 2018: For the Year Ended December 31, 2020 Commercial Government Corporate ($ in thousands) Services Solutions and Other Total Service revenue $ 180,856 $ 155,418 $ — $ 336,274 Product sales — 57,319 — 57,319 Total revenue 180,856 212,737 — 393,593 Cost of service revenue 2,562 1,405 — 3,967 Cost of product sales — 29,573 — 29,573 Operating expenses 52,505 62,387 — 114,892 Selling, general and administrative expenses 40,978 34,465 2,469 77,912 Other income, net (11,774 ) (111 ) — (11,885 ) Segment profit (loss) $ 96,585 $ 85,018 $ (2,469 ) $ 179,134 Segment profit (loss) $ 96,585 $ 85,018 $ (2,469 ) $ 179,134 Depreciation and amortization — — 116,570 116,570 Loss on disposal of assets, net 16 258 — 274 TRA liability adjustment — — 6,850 6,850 Stock-based compensation — — 12,589 12,589 Interest expense, net — — 40,865 40,865 Income (loss) before income tax provision $ 96,569 $ 84,760 $ (179,343 ) $ 1,986 For the Year Ended December 31, 2019 Commercial Government Corporate ($ in thousands) Services Solutions and Other Total Service revenue $ 276,479 $ 140,244 $ — $ 416,723 Product sales — 32,014 — 32,014 Total revenue 276,479 172,258 — 448,737 Cost of service revenue 3,709 1,852 — 5,561 Cost of product sales — 13,919 — 13,919 Operating expenses 66,916 57,905 — 124,821 Selling, general and administrative expenses 41,384 32,696 2,220 76,300 Other income, net (10,814 ) (278 ) — (11,092 ) Segment profit (loss) $ 175,284 $ 66,164 $ (2,220 ) $ 239,228 Segment profit (loss) $ 175,284 $ 66,164 $ (2,220 ) $ 239,228 Depreciation and amortization — — 115,566 115,566 Loss on disposal of assets, net 145 60 — 205 Impairment of property and equipment — 5,898 — 5,898 TRA liability adjustment (106 ) (106 ) Stock-based compensation — — 10,012 10,012 Interest expense, net — — 60,729 60,729 Income (loss) before income tax provision $ 175,139 $ 60,206 $ (188,421 ) $ 46,924 For the Year Ended December 31, 2018 Commercial Government Corporate ($ in thousands) Services Solutions and Other Total Service revenue $ 222,611 $ 142,465 $ — $ 365,076 Product sales — 5,070 — 5,070 Total revenue 222,611 147,535 — 370,146 Cost of service revenue 3,078 2,710 — 5,788 Cost of product sales — 3,447 — 3,447 Operating expenses 51,221 57,525 — 108,746 Selling, general and administrative expenses 55,370 27,827 50,737 133,934 Other (income) expenses, net (8,680 ) (117 ) 2 (8,795 ) Segment profit (loss) $ 121,622 $ 56,143 $ (50,739 ) $ 127,026 Segment profit (loss) $ 121,622 $ 56,143 $ (50,739 ) $ 127,026 Depreciation and amortization — — 103,346 103,346 Loss on disposal of assets, net — — 7 7 Stock-based compensation — — 2,272 2,272 Interest expense — — 69,550 69,550 Loss on extinguishment of debt — — 26,486 26,486 (Loss) income before income tax (benefit) $ 121,622 $ 56,143 $ (252,400 ) $ (74,635 )

Quarterly Financial Informati_2

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information	First Second Third Fourth ($ in thousands, except per share data) Quarter Quarter Quarter Quarter For the year ended December 31, 2020 Total revenue $ 116,713 $ 79,809 $ 96,908 $ 100,163 Income (loss) from operations 19,413 (6,950 ) 15,268 10,085 Net income (loss) 6,673 (15,388 ) 6,686 (1,416 ) Earnings (loss) per share - basic and diluted $ 0.04 $ (0.10 ) $ 0.04 $ (0.01 ) First Second Third Fourth ($ in thousands, except per share data) Quarter Quarter Quarter Quarter For the year ended December 31, 2019 Total revenue $ 98,461 $ 109,575 $ 128,240 $ 112,461 Income from operations 17,966 17,636 36,659 24,194 Net income 2,820 3,591 17,752 9,180 Earnings per share - basic and diluted $ 0.02 $ 0.02 $ 0.11 $ 0.06

Guarantor_Non-Guarantor Finan_2

Guarantor/Non-Guarantor Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2020
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Summary of Consolidated Balance Sheets	Verra Mobility Corporation and Subsidiaries Consolidated Balance Sheets at December 31, 2020 ($ in thousands) Verra Mobility Corporation (Ultimate Parent) VM Consolidated Inc. (Guarantor Subsidiary) Non- guarantor Subsidiaries Eliminations Consolidated Assets Current assets: Cash and cash equivalents $ — $ 103,969 $ 16,290 $ — $ 120,259 Restricted cash — 633 — — 633 Accounts receivable (net of allowance for credit loss of $11.5 million) — 166,749 2,034 — 168,783 Unbilled receivables — 13,452 593 — 14,045 Investment in subsidiary 177,179 77,200 — (254,379 ) — Prepaid expenses and other current assets — 21,586 2,731 — 24,317 Total current assets 177,179 383,589 21,648 (254,379 ) 328,037 Installation and service parts, net — 7,944 — — 7,944 Property and equipment, net — 65,547 4,737 — 70,284 Operating lease assets — 29,430 357 — 29,787 Intangible assets, net — 315,533 26,606 — 342,139 Goodwill — 524,766 61,669 — 586,435 Due from affiliates 169,259 — — (169,259 ) — Other non-current assets — 2,684 15 — 2,699 Total assets $ 346,438 $ 1,329,493 $ 115,032 $ (423,638 ) $ 1,367,325 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ — $ 22,346 $ 12,163 $ — $ 34,509 Accrued liabilities — 11,617 4,019 — 15,636 Payable to related party pursuant to tax receivable agreement, current portion — 4,791 — — 4,791 Current portion of long-term debt — 9,104 — — 9,104 Total current liabilities — 47,858 16,182 — 64,040 Long-term debt, net of current portion — 832,941 — — 832,941 Operating lease liabilities, net of current portion — 27,854 132 — 27,986 Payable to related party pursuant to tax receivable agreement, net of current portion — 67,869 — — 67,869 Asset retirement obligation — 6,409 — — 6,409 Due to affiliates — 152,914 16,345 (169,259 ) — Deferred tax liabilities, net — 15,975 5,173 — 21,148 Other long-term liabilities — 494 — — 494 Total liabilities — 1,152,314 37,832 (169,259 ) 1,020,887 Total stockholders' equity 346,438 177,179 77,200 (254,379 ) 346,438 Total liabilities and stockholders' equity $ 346,438 $ 1,329,493 $ 115,032 $ (423,638 ) $ 1,367,325
Summary of Consolidated Statements of Operations and Comprehensive Loss	Verra Mobility Corporation and Subsidiaries Consolidated Statements of Operations and Comprehensive Loss Year Ended December 31, 2020 ($ in thousands) Verra Mobility Corporation (Ultimate Parent) VM Consolidated Inc. (Guarantor Subsidiary) Non- guarantor Subsidiaries Eliminations Consolidated Service revenue $ — $ 322,972 $ 13,302 $ — $ 336,274 Product sales — 57,319 — — 57,319 Total revenue — 380,291 13,302 — 393,593 Cost of service revenue — 1,774 2,193 — 3,967 Cost of product sales — 29,573 — — 29,573 Operating expenses — 108,659 7,070 — 115,729 Selling, general and administrative expenses — 84,732 4,932 — 89,664 Depreciation, amortization and (gain) loss on disposal of assets, net — 111,968 4,876 — 116,844 Total costs and expenses — 336,706 19,071 — 355,777 Income (loss) from operations — 43,585 (5,769 ) — 37,816 Loss from equity investment 3,445 5,361 — (8,806 ) — Interest expense, net — 40,865 — — 40,865 Tax receivable agreement liability adjustment — 6,850 — — 6,850 Other income, net — (11,692 ) (193 ) — (11,885 ) Total other expenses (income) 3,445 41,384 (193 ) (8,806 ) 35,830 Loss before income tax provision (benefit) (3,445 ) 2,201 (5,576 ) 8,806 1,986 Income tax provision (benefit) — 5,646 (215 ) — 5,431 Net loss $ (3,445 ) $ (3,445 ) $ (5,361 ) $ 8,806 $ (3,445 ) Other comprehensive income: Change in foreign currency translation adjustment — — 2,788 — 2,788 Total comprehensive loss $ (3,445 ) $ (3,445 ) $ (2,573 ) $ 8,806 $ (657 )
Summary of Consolidated Statements of Cash Flows	Verra Mobility Corporation and Subsidiaries Consolidated Statements of Cash Flows Year Ended December 31, 2020 ($ in thousands) Verra Mobility Corporation (Ultimate Parent) VM Consolidated Inc. (Guarantor Subsidiary) Non- guarantor Subsidiaries Eliminations Consolidated Cash Flows from Operating Activities: Net loss $ (3,445 ) $ (3,445 ) $ (5,361 ) $ 8,806 $ (3,445 ) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization — 111,710 4,860 — 116,570 Amortization of deferred financing costs and discounts — 5,437 — — 5,437 Tax receivable agreement liability adjustment — 6,850 — — 6,850 Credit loss expense — 14,355 32 — 14,387 Deferred income taxes — (3,798 ) (948 ) — (4,746 ) Stock-based compensation — 12,589 — — 12,589 Installation and service parts expense — 677 — — 677 Accretion expense — 259 — — 259 Loss on disposal of assets — 258 16 — 274 Loss from equity investment 3,445 5,361 — (8,806 ) — Changes in operating assets and liabilities: Accounts receivable, net — (92,977 ) 2,389 — (90,588 ) Unbilled receivables — 5,864 100 — 5,964 Prepaid expenses and other assets — 3,996 (167 ) — 3,829 Accounts payable and accrued liabilities — (15,035 ) (1,832 ) — (16,867 ) Due to affiliates — (2,447 ) 2,447 — — Other liabilities — (4,281 ) — — (4,281 ) Net cash provided by operating activities — 45,373 1,536 — 46,909 Cash Flows from Investing Activities: Purchases of installation and service parts and property and equipment — (21,160 ) (3,100 ) — (24,260 ) Cash proceeds from the sale of assets — 107 — — 107 Net cash used in investing activities — (21,053 ) (3,100 ) — (24,153 ) Cash Flows from Financing Activities: Repayment of long-term debt — (28,779 ) — — (28,779 ) Payment of debt issuance costs — (1,078 ) — — (1,078 ) Payment of employee tax withholding related to RSUs vesting — (4,147 ) — — (4,147 ) Net cash used in financing activities — (34,004 ) — — (34,004 ) Effect of exchange rate changes on cash and cash equivalents — — (290 ) — (290 ) Net decrease in cash, cash equivalents and restricted cash — (9,684 ) (1,854 ) — (11,538 ) Cash, cash equivalents and restricted cash - beginning of period — 114,286 18,144 — 132,430 Cash, cash equivalents and restricted cash - end of period $ — $ 104,602 $ 16,290 $ — $ 120,892 Verra Mobility Corporation and Subsidiaries Consolidated Statements of Cash Flows (Continued) Year Ended December 31, 2020 Verra Mobility Corporation (Ultimate Parent) VM Consolidated Inc. (Guarantor Subsidiary) Non- guarantor Subsidiaries Eliminations Consolidated Supplemental cash flow information: Interest paid $ — $ 35,822 $ — $ — $ 35,822 Income taxes paid, net of refunds — 12,318 320 — 12,638 Supplemental non-cash investing and financing activities: Earn-out shares issued to Platinum Stockholder 18,287 — — — 18,287 Additions to ARO, property and equipment, and other — 133 — — 133 Purchases of installation and service parts and property and equipment in accounts payable and accrued liabilities at year-end — 1,289 — — 1,289

Basis of Presentation and Des_2

Basis of Presentation and Description of Business - Additional Information (Details)	12 Months Ended
	Dec. 31, 2020Segment
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of operating segments	2

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Details)	Jan. 01, 2020USD ($)	Dec. 31, 2020USD ($)yr	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2020USD ($)yrSegmentAgreement	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Summary Of Significant Accounting Principles And Policies [Line Items]
Operating lease assets		$ 29,787,000				$ 32,177,000				$ 29,787,000	$ 32,177,000
Operating lease liabilities		31,165,000				33,100,000				31,165,000	33,100,000
Revenue		100,163,000	$ 96,908,000	$ 79,809,000	$ 116,713,000	112,461,000	$ 128,240,000	$ 109,575,000	$ 98,461,000	393,593,000	448,737,000	$ 370,146,000
Interest or late fees charged on delinquent accounts										0
Credit loss expense (reversal)										14,387,000	8,100,000	6,025,000
Allowance for credit loss		11,500,000				7,600,000				11,500,000	7,600,000
Capitalization of internally developed software costs										$ 5,100,000	2,100,000	2,200,000
Number of operating segments | Segment										2
Goodwill, impairment										$ 0
Impairment of property and equipment										0	5,898,000	0
Amortization of deferred financing costs										$ 5,400,000	6,600,000	9,200,000
Number of operating and reportable segments | Segment										2
Adjustment to accumulated deficit		$ (84,359,000)				$ (80,220,000)				$ (84,359,000)	(80,220,000)
Cumulative Effect, Period of Adoption, Adjustment | Revision of Prior Period, Adjustment
Summary Of Significant Accounting Principles And Policies [Line Items]
Adjustment to accumulated deficit	$ 700,000
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201613Member
Other Income
Summary Of Significant Accounting Principles And Policies [Line Items]
Benefit on credit card rebates										8,500,000	11,800,000	8,900,000
Foreign currency effect of re-measurement of assets and liabilities gains (losses)										400,000	(600,000)	(100,000)
Selling, General and Administrative Expenses
Summary Of Significant Accounting Principles And Policies [Line Items]
Advertising costs										$ 800,000	2,300,000	1,400,000
Performance Share Units
Summary Of Significant Accounting Principles And Policies [Line Items]
Share-based payment award, fair value assumptions, method used										Monte Carlo simulation model
Risk free rate										0.60%
Stock Options
Summary Of Significant Accounting Principles And Policies [Line Items]
Share-based payment award, fair value assumptions, method used										Black-Scholes model
Risk free rate, minimum										0.40%
Risk free rate, maximum										0.70%
Expected Term | Stock Options
Summary Of Significant Accounting Principles And Policies [Line Items]
Alternative investment, measurement input | yr		6.25								6.25
Expected Volatility | Performance Share Units
Summary Of Significant Accounting Principles And Policies [Line Items]
Alternative investment, measurement input		0.35								0.35
Product Sales
Summary Of Significant Accounting Principles And Policies [Line Items]
Revenue										$ 57,319,000	32,014,000	5,070,000
Service Revenue
Summary Of Significant Accounting Principles And Policies [Line Items]
Revenue										$ 336,274,000	416,723,000	$ 365,076,000
Minimum | Expected Volatility | Stock Options
Summary Of Significant Accounting Principles And Policies [Line Items]
Alternative investment, measurement input		0.30								0.30
Maximum | Expected Volatility | Stock Options
Summary Of Significant Accounting Principles And Policies [Line Items]
Alternative investment, measurement input		0.60								0.60
Accounting Standards Update 2014-09 | Minimum
Summary Of Significant Accounting Principles And Policies [Line Items]
Average initial term of a contract										3 years
Accounting Standards Update 2014-09 | Maximum
Summary Of Significant Accounting Principles And Policies [Line Items]
Average initial term of a contract										5 years
City Of New York Department Of Transportation
Summary Of Significant Accounting Principles And Policies [Line Items]
Number of agreements | Agreement										2
City Of New York Department Of Transportation | Legacy Contract
Summary Of Significant Accounting Principles And Policies [Line Items]
Receivable balance		$ 28,800,000								$ 28,800,000
Accounts receivable aged beyond payment terms		$ 20,500,000								$ 20,500,000
Agreement payment term										45-day
City Of New York Department Of Transportation | Product Sales | Emergency Contract
Summary Of Significant Accounting Principles And Policies [Line Items]
Revenue										$ 52,600,000
City Of New York Department Of Transportation | Service Revenue | Emergency Contract
Summary Of Significant Accounting Principles And Policies [Line Items]
Revenue										$ 17,400,000
Government Solutions
Summary Of Significant Accounting Principles And Policies [Line Items]
Impairment of property and equipment											$ 5,900,000
Customer Concentration Risk | Sales Revenue | Minimum
Summary Of Significant Accounting Principles And Policies [Line Items]
Concentration risk percentage										10.00%
Customer Concentration Risk | Sales Revenue | Commercial Services | Hertz Corporation
Summary Of Significant Accounting Principles And Policies [Line Items]
Concentration risk percentage										12.00%	18.70%	19.30%
Customer Concentration Risk | Sales Revenue | Commercial Services | Avis Budget Group, Inc.
Summary Of Significant Accounting Principles And Policies [Line Items]
Concentration risk percentage										9.50%	14.50%
Customer Concentration Risk | Sales Revenue | Commercial Services | Enterprise Holdings, Inc.
Summary Of Significant Accounting Principles And Policies [Line Items]
Concentration risk percentage										11.30%	13.50%
Customer Concentration Risk | Sales Revenue | Government Solutions | City Of New York Department Of Transportation
Summary Of Significant Accounting Principles And Policies [Line Items]
Concentration risk percentage										31.30%	14.60%	9.30%
Customer Concentration Risk | Accounts Receivable | Minimum
Summary Of Significant Accounting Principles And Policies [Line Items]
Concentration risk percentage										10.00%
Customer Concentration Risk | Accounts Receivable | City Of New York Department Of Transportation
Summary Of Significant Accounting Principles And Policies [Line Items]
Concentration risk percentage										58.90%

Significant Accounting Polici_5

Significant Accounting Policies - Summary of Concentration of Credit Risk (Details) - Sales Revenue - Customer Concentration Risk	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Government Solutions | City of New York Department of Transportation
Concentration Risk [Line Items]
Concentration risk percentage	31.30%	14.60%	9.30%
Commercial Services | Hertz Corporation
Concentration Risk [Line Items]
Concentration risk percentage	12.00%	18.70%	19.30%
Commercial Services | Avis Budget Group, Inc.
Concentration Risk [Line Items]
Concentration risk percentage	9.50%	14.50%
Commercial Services | Enterprise Holdings, Inc.
Concentration Risk [Line Items]
Concentration risk percentage	11.30%	13.50%

Significant Accounting Polici_6

Significant Accounting Policies - Summary of Accounts Receivable, Net and Activity in Allowance for Credit Loss by Portfolio Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Accounts Notes And Loans Receivable [Line Items]
Accounts receivable, net, beginning balance	$ 92,695
Allowance for credit loss, beginning balance	8,456
Credit loss expense	14,387	$ 8,100	$ 6,025
Write-offs, net of recoveries	(11,376)
Allowance for credit loss, ending balance	11,467	8,456
Accounts receivable, net, ending balance	168,783	92,695
Commercial Services (Driver Billed)
Accounts Notes And Loans Receivable [Line Items]
Accounts receivable, net, beginning balance	9,793
Allowance for credit loss, beginning balance	5,272
Credit loss expense	6,554
Write-offs, net of recoveries	(8,616)
Allowance for credit loss, ending balance	3,210	5,272
Accounts receivable, net, ending balance	11,060	9,793
Commercial Services (All Other)
Accounts Notes And Loans Receivable [Line Items]
Accounts receivable, net, beginning balance	51,158
Allowance for credit loss, beginning balance	1,406
Credit loss expense	4,941
Write-offs, net of recoveries	(2,074)
Allowance for credit loss, ending balance	4,273	1,406
Accounts receivable, net, ending balance	48,169	51,158
Government Solutions
Accounts Notes And Loans Receivable [Line Items]
Accounts receivable, net, beginning balance	31,744
Allowance for credit loss, beginning balance	1,778
Credit loss expense	2,892
Write-offs, net of recoveries	(686)
Allowance for credit loss, ending balance	3,984	1,778
Accounts receivable, net, ending balance	$ 109,554	$ 31,744

Significant Accounting Polici_7

Significant Accounting Policies - Summary of Accounts Receivable, Net and Activity in Allowance for Credit Loss by Portfolio Segment (Parenthetical) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2020USD ($)
Allowance For Doubtful Accounts Receivable Rollforward
Allowance for credit loss increase	$ 0.8

Significant Accounting Polici_8

Significant Accounting Policies - Carrying Value and Fair Value of Long Term Debt (Details) - Level 2 - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Carrying Amount
Debt Instrument [Line Items]
Total debt	$ 842,045	$ 866,465
Estimated Fair Value
Debt Instrument [Line Items]
Total debt	$ 861,314	$ 905,601

Significant Accounting Polici_9

Significant Accounting Policies - Estimated Useful Lives of Property and Equipment (Details)	12 Months Ended
	Dec. 31, 2020
Building
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	39 years
Equipment Installed at Customer Sites | Minimum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Equipment Installed at Customer Sites | Maximum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	7 years
Computer Equipment | Minimum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Computer Equipment | Maximum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Furniture | Minimum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Furniture | Maximum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	10 years
Automobiles | Minimum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Automobiles | Maximum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	6 years
Software | Minimum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Software | Maximum
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property and equipment, estimated useful lives	Shorter of lease term or estimated useful life

Significant Accounting Polic_10

Significant Accounting Policies - Additional Information (Details1) - Accounting Standards Update 2014-09 - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2021-01-01 $ in Millions	Dec. 31, 2020USD ($)
Summary Of Significant Accounting Principles And Policies [Line Items]
Remaining performance obligations	$ 0.2
Revenue recognition period	2 months

Mergers and Acquisitions - Addi

Mergers and Acquisitions - Additional Information (Details) - USD ($) $ in Thousands	Oct. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Decrease to the additional paid-in capital account			$ (7,001)
Payable to related party for the recapitalization related to the working capital adjustment			$ 7,001
Pagatelia S.L
Business Acquisition [Line Items]
Purchase price	$ 26,600
Pagatelia S.L | Trademarks
Business Acquisition [Line Items]
Identifiable intangible assets useful life	8 years 6 months
Pagatelia S.L | Customer Relationships
Business Acquisition [Line Items]
Identifiable intangible assets useful life	9 years 6 months
Pagatelia S.L | Developed Technology
Business Acquisition [Line Items]
Identifiable intangible assets useful life	6 years 6 months
Pagatelia S.L | Non-compete Agreements
Business Acquisition [Line Items]
Identifiable intangible assets useful life	3 years
Platinum
Business Acquisition [Line Items]
Decrease to the additional paid-in capital account		$ (7,000)
Payable to related party for the recapitalization related to the working capital adjustment		$ 7,000

Mergers and Acquisitions - Summ

Mergers and Acquisitions - Summary of Fair Value of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Oct. 31, 2019	Dec. 31, 2018
Assets acquired
Goodwill	$ 586,435	$ 584,150		$ 564,723
Pagatelia S.L
Assets acquired
Cash			$ 1,086
Other assets			5,047
Goodwill			17,528
Total assets acquired			35,442
Liabilities assumed
Accounts payable and accrued expenses			6,045
Deferred tax liability			2,801
Total liabilities assumed			8,846
Total purchase price			26,596
Trademarks | Pagatelia S.L
Assets acquired
Intangible assets			771
Customer Relationships | Pagatelia S.L
Assets acquired
Intangible assets			5,946
Developed Technology | Pagatelia S.L
Assets acquired
Intangible assets			4,624
Non-compete Agreements | Pagatelia S.L
Assets acquired
Intangible assets			$ 440

Prepaid Expenses and Other Cu_3

Prepaid Expenses and Other Current Assets - Schedule of Prepaid Expenses and Other Current Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Prepaid Expense And Other Assets Current [Abstract]
Prepaid tolls	$ 9,237	$ 10,116
Deposits	3,474	3,642
Prepaid services	2,989	5,201
Prepaid computer maintenance	2,732	2,923
Prepaid insurance	2,641	1,485
Prepaid income taxes	2,354	1,025
Other	890	2,099
Total prepaid expenses and other current assets	$ 24,317	$ 26,491

Property and Equipment, Net - S

Property and Equipment, Net - Schedule of Property and Equipment, Net (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Property Plant And Equipment [Line Items]
Property and equipment	$ 130,848	$ 111,576
Less: accumulated depreciation	(60,564)	(39,310)
Property and equipment, net	70,284	72,266
Equipment Installed at Customer Sites
Property Plant And Equipment [Line Items]
Property and equipment	80,880	71,464
Software
Property Plant And Equipment [Line Items]
Property and equipment	19,202	13,839
Leasehold Improvements
Property Plant And Equipment [Line Items]
Property and equipment	9,938	8,809
Computer Equipment
Property Plant And Equipment [Line Items]
Property and equipment	10,974	8,882
Furniture
Property Plant And Equipment [Line Items]
Property and equipment	2,079	1,681
Automobiles
Property Plant And Equipment [Line Items]
Property and equipment	2,899	2,128
Construction in Progress
Property Plant And Equipment [Line Items]
Property and equipment	$ 4,876	$ 4,773

Property and Equipment, Net - A

Property and Equipment, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Property Plant And Equipment [Line Items]
Depreciation expense	$ 23.1	$ 22.8	$ 22.5
Cost to Develop Software for Internal Use
Property Plant And Equipment [Line Items]
Depreciation expense	$ 4.3	$ 3.8	$ 2.9

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Changes in Carrying Amount of Goodwill by Reportable Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Goodwill [Line Items]
Balance	$ 584,150	$ 564,723
Foreign currency translation adjustment	2,285	1,899
Balance	586,435	584,150
Pagatelia S.L
Goodwill [Line Items]
Goodwill from Acquisition		17,528
Commercial Services
Goodwill [Line Items]
Balance	424,404	404,977
Foreign currency translation adjustment	2,285	1,899
Balance	426,689	424,404
Commercial Services | Pagatelia S.L
Goodwill [Line Items]
Goodwill from Acquisition		17,528
Government Solutions
Goodwill [Line Items]
Balance	159,746	159,746
Balance	$ 159,746	$ 159,746

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Gross Carrying Amount and Accumulated Amortization of Separately Identifiable Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 628,541	$ 626,917
Accumulated Amortization	286,402	192,474
Less: accumulated amortization	(286,402)	(192,474)
Intangible assets, net	$ 342,139	$ 434,443
Trademarks
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life	3 months 18 days	1 year 6 months
Weighted Average Amortization Period	3 years	3 years
Gross Carrying Amount	$ 32,223	$ 32,127
Accumulated Amortization	29,358	19,106
Less: accumulated amortization	$ (29,358)	$ (19,106)
Non-compete Agreements
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life	2 years	3 years
Weighted Average Amortization Period	5 years	5 years
Gross Carrying Amount	$ 62,589	$ 62,549
Accumulated Amortization	37,412	24,834
Less: accumulated amortization	$ (37,412)	$ (24,834)
Customer Relationships
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life	5 years 10 months 24 days	6 years 10 months 24 days
Weighted Average Amortization Period	8 years 10 months 24 days	8 years 10 months 24 days
Gross Carrying Amount	$ 367,512	$ 366,533
Accumulated Amortization	123,784	82,903
Less: accumulated amortization	$ (123,784)	$ (82,903)
Developed Technology
Finite Lived Intangible Assets [Line Items]
Weighted Average Remaining Useful Life	2 years 3 months 18 days	3 years 3 months 18 days
Weighted Average Amortization Period	5 years 6 months	5 years 6 months
Gross Carrying Amount	$ 166,217	$ 165,708
Accumulated Amortization	95,848	65,631
Less: accumulated amortization	$ (95,848)	$ (65,631)

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Amortization expense	$ 93.5	$ 92.8	$ 80.8

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Estimated Amortization Expense in Future Years (Details) $ in Thousands	Dec. 31, 2020USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
2021	$ 85,935
2022	81,167
2023	52,493
2024	42,000
2025	39,302
Thereafter	41,242
Total	$ 342,139

Accrued Liabilities - Schedule

Accrued Liabilities - Schedule of Accrued Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Payables And Accruals [Abstract]
Accrued salaries and wages	$ 4,432	$ 10,319
Current portion of operating lease liabilities	$ 3,179	$ 2,970
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:AccruedLiabilitiesMember	us-gaap:AccruedLiabilitiesMember
Advanced deposits payable	$ 2,922	$ 2,875
Payroll liabilities	1,755	149
Deferred income	750	691
Self-insurance liability	682	411
Other	1,916	2,132
Total accrued liabilities	$ 15,636	$ 19,547

Asset Retirement Obligation - S

Asset Retirement Obligation - Schedule of Changes in Asset Retirement Obligation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Asset Retirement Obligation Disclosure [Abstract]
Asset retirement obligation, beginning balance	$ 6,309	$ 6,750
Liabilities incurred	133	230
Accretion expense	259	350	$ 396
Liabilities settled	(292)	(1,021)
Asset retirement obligation, ending balance	$ 6,409	$ 6,309	$ 6,750

Long-term Debt - Summary of the

Long-term Debt - Summary of the Company's Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
New First Lien Term Loan, due February 28, 2025	$ 865,642	$ 894,421
Less: original issue discounts	(3,952)	(4,778)
Less: unamortized deferred financing costs	(19,645)	(23,178)
Total long-term debt	842,045	866,465
Less: current portion of long-term debt	(9,104)	(28,779)
Long-term debt, net of current portion	$ 832,941	$ 837,686

Long-term Debt - Summary of t_2

Long-term Debt - Summary of the Company's Long-term Debt (Parenthetical) (Details)	12 Months Ended
	Dec. 31, 2020
New First Lien Term Loan, due February 28, 2025
Debt Instrument [Line Items]
Debt instrument, maturity date	Feb. 28, 2025

Long-term Debt - Scheduled Aggr

Long-term Debt - Scheduled Aggregate Future Principal Payments of Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
2021	$ 9,104
2022	9,104
2023	9,104
2024	9,104
2025	829,226
Total	$ 865,642	$ 894,421

Long-term Debt - Additional Inf

Long-term Debt - Additional Information (Details) - USD ($)	Feb. 20, 2020	Oct. 17, 2018	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Jul. 31, 2018	Mar. 01, 2018
Debt Instrument [Line Items]
Debt Instrument, interest rate, decrease	0.50%
Mandatory prepayment of excess cash flow under loan agreement			$ 19,700,000	$ 0
Outstanding letters of credit				$ 6,300,000
Debt instrument, periodic payment, interest rate				0.375%
Debt instrument fronting fees				$ 6,300,000
Participation and fronting fees percentage on outstanding letter of credit				1.38%
Interest expense including amortization of deferred financing costs and discounts				$ 40,900,000	$ 60,700,000	$ 69,600,000
Debt instrument charge						26,486,000
Debt instrument prepayment penalty						12,187,000
Weighted average effective interest rates				3.40%	5.50%
New First Lien Term Loan
Debt Instrument [Line Items]
Debt instrument, interest rate during the period				1.00%
Debt instrument, maturity date				Feb. 28, 2025
Debt instrument interest rate				3.40%
Debt instrument fee amount	$ 800,000
Debt instrument legal fees	$ 200,000
New First Lien Term Loan | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument interest rate per annum				3.25%
New First Lien Term Loan | Base Rate
Debt Instrument [Line Items]
Debt instrument interest rate per annum				2.25%
New Second Lien Term Loan
Debt Instrument [Line Items]
Debt instrument charge						16,300,000
Debt instrument prepayment penalty						4,000,000
Write off of preexisting deferred financing costs						3,400,000
Third party costs associated with issuance						8,900,000
New Revolver
Debt Instrument [Line Items]
Outstanding borrowings				$ 0
Debt instrument borrow under new revolver				48,800,000
Outstanding letters of credit				$ 6,300,000
New Revolver | LIBOR 1.25%
Debt Instrument [Line Items]
Debt instrument interest rate per annum				1.25%
New Revolver | LIBOR 1.50%
Debt Instrument [Line Items]
Debt instrument interest rate per annum				1.50%
New Revolver | Base Rate 0.75%
Debt Instrument [Line Items]
Debt instrument interest rate per annum				0.75%
New Revolver | LIBOR 1.75%
Debt Instrument [Line Items]
Debt instrument interest rate per annum				1.75%
New Revolver | Base Rate 0.25%
Debt Instrument [Line Items]
Debt instrument interest rate per annum				0.25%
New Revolver | Base Rate 0.50%
Debt Instrument [Line Items]
Debt instrument interest rate per annum				0.50%
2018 Credit Facilities
Debt Instrument [Line Items]
Outstanding borrowings							$ 1,115,000,000
Debt instrument, aggregate principal amount							1,040,000,000
Aggregate revolving commitment				$ 75,000,000
Debt instrument charge						10,200,000
Write off of preexisting deferred financing costs						2,000,000
Third party costs associated with issuance						4,400,000
2018 Credit Facilities | New Second Lien Term Loan
Debt Instrument [Line Items]
Debt instrument, face amount		$ 200,000,000
Additional repayments of lines of credit		$ 70,000,000
2018 Credit Facilities | Old Term Loans
Debt Instrument [Line Items]
Outstanding credit line								$ 323,000,000
Debt instrument prepayment penalty						$ 3,800,000
2018 Credit Facilities | Old Revolver
Debt Instrument [Line Items]
Outstanding credit line								$ 125,000,000
2018 Credit Facilities | Minimum | New First Lien Term Loan
Debt Instrument [Line Items]
Debt instrument, face amount							840,000,000
2018 Credit Facilities | Maximum | New First Lien Term Loan
Debt Instrument [Line Items]
Debt instrument, face amount							$ 910,000,000

Long-term Debt - Schedule of Co

Long-term Debt - Schedule of Consolidated First Lien Net Leverage Ratio and Applicable Prepayment Percentage (Details) - New First Lien Term Loan	12 Months Ended
	Dec. 31, 2020
> 3.70:1.00
Debt Instrument [Line Items]
Applicable prepayment percentage	50.00%
≤ 3.70:1.00 and > 3.20:1.00
Debt Instrument [Line Items]
Applicable prepayment percentage	25.00%
≤ 3.20:1.00
Debt Instrument [Line Items]
Applicable prepayment percentage	0.00%

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Lease expiration date	Apr. 30, 2035
Operating lease, weighted average remaining lease term	12 years 2 months 12 days
Operating lease liabilities weighted average discount rate	5.40%
Operating lease expense	$ 5.3	$ 5.7
Variable lease costs	$ 1.1

Leases - Summary of Operating L

Leases - Summary of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets And Liabilities Lessee [Abstract]
Operating lease liabilities, net of current portion	$ 27,986	$ 30,130
Current portion	3,179	2,970
Total operating lease liabilities	$ 31,165	$ 33,100

Leases - Summary of Future Matu

Leases - Summary of Future Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Operating Lease Liabilities Payments Due [Abstract]
2021	$ 4,737
2022	3,641
2023	3,094
2024	2,998
2025	2,992
Thereafter	26,023
Total minimum payments	43,485
Less: amount representing interest	(12,320)
Operating lease liabilities	$ 31,165	$ 33,100

Net (Loss) Income Per Share - S

Net (Loss) Income Per Share - Schedule of Components of Basic and Diluted Net (Loss) Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Numerator:
Net income (loss)	$ (1,416)	$ 6,686	$ (15,388)	$ 6,673	$ 9,180	$ 17,752	$ 3,591	$ 2,820	$ (3,445)	$ 33,343	$ (58,394)
Weighted average shares outstanding:
Weighted average shares - basic									161,632	157,890	87,320
Common stock equivalents										3,632
Weighted average shares - diluted									161,632	161,522	87,320
Net (loss) income per share - basic									$ (0.02)	$ 0.21	$ (0.67)
Net (loss) income per share - diluted									$ (0.02)	$ 0.21	$ (0.67)
Antidilutive shares excluded from diluted net (loss) income per share:
Total antidilutive shares excluded									27,923	13,325	34,437
Contingently Issuable Shares
Antidilutive shares excluded from diluted net (loss) income per share:
Total antidilutive shares excluded									5,000	8,304	10,000
Warrants
Antidilutive shares excluded from diluted net (loss) income per share:
Total antidilutive shares excluded									20,000	5,000	20,000
Non-qualified Stock Options
Antidilutive shares excluded from diluted net (loss) income per share:
Total antidilutive shares excluded									614
Performance Share Units
Antidilutive shares excluded from diluted net (loss) income per share:
Total antidilutive shares excluded									106
Restricted Stock Units
Antidilutive shares excluded from diluted net (loss) income per share:
Total antidilutive shares excluded									2,203	21	4,437

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Tax [Line Items]
Deferred tax assets, valuation allowance	$ 3,422	$ 2,564
Tax credits	$ 1,500	1,800
Tax credits, expiration start year	2024
Unrecognized tax benefits, if recognized	$ 400
Unrecognized tax benefits, income tax penalties and interest expense	1,000
State
Income Tax [Line Items]
Deferred tax assets, valuation allowance	3,400	2,600
Operating loss carryforwards	$ 31,100	25,500
Tax Year 2019
Income Tax [Line Items]
Deduction in interest expense as a result of increased adjusted taxable income		$ 4,700
Earliest | Internal Revenue Service
Income Tax [Line Items]
Income tax examination, year under examination	2017
Latest | Internal Revenue Service
Income Tax [Line Items]
Income tax examination, year under examination	2019
Maximum
Income Tax [Line Items]
Percent of adjusted taxable income with regard to CARES Act	50.00%	50.00%
Unrecognized tax benefits, income tax penalties and interest expense		$ 100
Accrued interest and penalties	$ 100	$ 900

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income (Loss) Before Income Tax Provision (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
U.S.	$ 7,562	$ 49,922	$ (75,283)
Foreign	(5,576)	(2,998)	648
Total income (loss) before income tax provision (benefit)	$ 1,986	$ 46,924	$ (74,635)

Income Taxes - Schedule of In_2

Income Taxes - Schedule of Income Tax Provision (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Current Federal	$ 4,169	$ 16,901	$ 5,687
Current State	5,399	7,316	1,624
Current Foreign	652	673	883
Total current	10,220	24,890	8,194
Deferred Federal	(1,308)	(8,542)	(18,334)
Deferred State	(2,615)	(2,092)	(5,669)
Deferred Foreign	(866)	(675)	(432)
Total deferred	(4,789)	(11,309)	(24,435)
Income tax provision (benefit)	$ 5,431	$ 13,581	$ (16,241)

Income Taxes - Schedule of Reco

Income Taxes - Schedule of Reconciliation to Income Tax Provision (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income tax provision (benefit) at statutory rate	$ 416	$ 9,854	$ (15,674)
State income taxes, net of federal income tax effect	1,188	2,360	(3,785)
Tax rate changes/ valuation of deferred tax items	1,353	998	(1,457)
162(m) limitation	1,179	1,289
Non-deductible expenses	1,748	450	676
Unrecognized tax benefits	(929)	(741)	600
Change in valuation allowance	924	317	2,149
Non-deductible transaction costs	19	270	1,172
Research and development credits	(121)	(232)	(602)
Global intangible low tax inclusion			478
Other	(346)	(984)	202
Income tax provision (benefit)	$ 5,431	$ 13,581	$ (16,241)

Income Taxes - Components of De

Income Taxes - Components of Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred tax assets:
Accrued expenses and other	$ 1,027	$ 1,538
Allowance for credit loss	4,838	2,280
Net operating loss carryforward	3,626	2,612
Interest expense limitation carryforward	1,070	5,687
Federal and state income tax credits	1,132	1,060
ASC 842 operating lease liabilities	8,679	8,660
Transaction costs	319
Other	1,210	1,935
Gross deferred tax assets	21,901	23,772
Valuation allowance	(3,422)	(2,564)
Deferred tax assets, net of valuation allowance	18,479	21,208
Deferred tax liabilities:
Intangible assets and transaction costs	(16,358)	(27,489)
Property and equipment	(10,285)	(9,941)
Financing costs	(3,730)	(482)
Prepaid assets	(957)	(604)
ASC 842 operating lease assets	(8,297)	(8,408)
Gross deferred tax liabilities	(39,627)	(46,924)
Total deferred tax liabilities, net	$ (21,148)	$ (25,716)

Income Taxes - Summary of Activ

Income Taxes - Summary of Activity Related to Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Balance at the beginning of the year	$ 1,735	$ 2,529
Increases/(decreases) related to current year tax positions	126	(79)
Increases/(decreases) related to prior year tax positions	299	45
Expiration due to statute of limitations	(1,207)	(760)
Balance at the end of the year	$ 953	$ 1,735

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Details)	12 Months Ended
	Dec. 31, 2020TradingDay$ / sharesshares	Dec. 31, 2019$ / sharesshares	Oct. 17, 2018$ / sharesshares
Class of Stock [Line Items]
Capital stock authorized for issuance			261,000,000
Common stock, shares authorized	260,000,000	260,000,000
Preferred stock, shares authorized	1,000,000	1,000,000	1,000,000
Preferred stock, par value (in dollars per share) | $ / shares	$ 0.0001	$ 0.0001	$ 0.0001
Common stock, par value (in dollars per share) | $ / shares	$ 0.0001	$ 0.0001
Warrants
Class of Stock [Line Items]
Warrants exercisable date	Nov. 16, 2018
Warrant exercisable term if business combination Is completed	30 days
Warrant expiration term	5 years
Outstanding warrants to be redeemed | $ / shares	$ 0.01
Class A
Class of Stock [Line Items]
Common stock, shares authorized			260,000,000
Common stock, par value (in dollars per share) | $ / shares			$ 0.0001
Warrants outstanding to acquire shares	19,999,967
Common stock purchase price per share | $ / shares	$ 11.50
Class A | Private Placement [Member]
Class of Stock [Line Items]
Warrants outstanding to acquire shares	6,666,666
Class A | Warrants
Class of Stock [Line Items]
Warrants outstanding to acquire shares	13,333,301
Last sale price of common stock equals or exceeds per share | $ / shares	$ 18
Number of trading days | TradingDay	20
Maximum trading days for sending notice of redemption to warrant holders | TradingDay	30

Equity Incentive Plan - Additio

Equity Incentive Plan - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Tax benefits attributable to stock-based compensation	$ 2,900,000	$ 3,400,000	$ 0
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock granted vesting period	4 years
Stock based compensation expense, weighted average period of recognition	3 years 2 months 12 days
Weighted Average Grant Date Fair Value	$ 4.36
Remaining contractual term	9 years 2 months 12 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercised	0
Unrecognized stock based compensation expense	$ 2,100,000
2018 Equity Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares authorized	10,864,000
Aggregate Common stock available for future grants	6,002,689
2018 Equity Incentive Plan | Restricted Stock Units (RSU's)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock granted vesting period	4 years
Fair value of vested restricted stock unit	$ 10,200,000	$ 9,700,000
Restricted stock unit granted expense			$ 0
2018 Equity Incentive Plan | Performance Share Units | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Percentage of conversion ranges	0.00%
2018 Equity Incentive Plan | Performance Share Units | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Percentage of conversion ranges	150.00%
2018 Equity Incentive Plan | RSUs and PSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized stock based compensation expense	$ 21,100,000
Stock based compensation expense, weighted average period of recognition	2 years 2 months 12 days

Equity Incentive Plan - Summary

Equity Incentive Plan - Summary of Activity of RSUs and PSUs (Details) - 2018 Equity Incentive Plan - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Restricted Stock Units (RSU's)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Beginning balance	3,004	4,437
Number of Shares, Granted		400	4,437
Number of Shares, Vested		(953)	0
Number of Shares, Forfeited		(880)	0
Number of Shares, Ending balance		3,004	4,437
Weighted Average Grant Date Fair Value, Beginning balance	$ 10.28	$ 10.13
Weighted Average Grant Date Fair Value, Granted		11.32	$ 10.13
Weighted Average Grant Date Fair Value, Vested		10.13	0
Weighted Average Grant Date Fair Value, Forfeited		10.17	0
Weighted Average Grant Date Fair Value, Ending balance		$ 10.28	$ 10.13
RSUs and PSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Beginning balance	3,004
Number of Shares, Granted	692
Number of Shares, Vested	(986)
Number of Shares, Forfeited	(401)
Number of Shares, Ending balance	2,309	3,004
Weighted Average Grant Date Fair Value, Beginning balance	$ 10.28
Weighted Average Grant Date Fair Value, Granted	12.42
Weighted Average Grant Date Fair Value, Vested	10.35
Weighted Average Grant Date Fair Value, Forfeited	10.82
Weighted Average Grant Date Fair Value, Ending balance	$ 10.79	$ 10.28

Equity Incentive Plan - Summa_2

Equity Incentive Plan - Summary of Activity of RSUs and PSUs (Parenthetical) (Details) - 2018 Equity Incentive Plan - Performance Share Units	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Granted	116
Weighted Average Grant Date Fair Value | $ / shares	$ 13.88
Number of Shares, Forfeited	10
Number of Shares, Vested	0

Equity Incentive Plan - Summa_3

Equity Incentive Plan - Summary of Activity of Stock Options (Details) - Stock Options	12 Months Ended
	Dec. 31, 2020$ / sharesshares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Shares, Beginning balance | shares	0
Number of Shares, Granted | shares	720
Number of Shares, Vested | shares	0
Number of Shares, Forfeited | shares	(106)
Number of Shares, Ending balance | shares	614
Weighted Average Exercise Price, Beginning balance | $ / shares	$ 0
Weighted Average Exercise Price, Granted | $ / shares	12.56
Weighted Average Exercise Price, Vested | $ / shares	0
Weighted Average Exercise Price, Forfeited | $ / shares	12.56
Weighted Average Exercise Price, Ending balance | $ / shares	$ 12.56

Equity Incentive Plan - Schedul

Equity Incentive Plan - Schedule of Components of Stock Based Compensation Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 12,589	$ 10,012	$ 2,272
Operating Expenses
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation expense	837	819	137
Selling, General and Administrative Expenses
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 11,752	$ 9,193	$ 2,135

Employee Benefit Plan - Additio

Employee Benefit Plan - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Employee Benefit Plans [Abstract]
Contributions by employer	$ 1.7	$ 1.7	$ 1.6

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details)	Jan. 27, 2020USD ($)$ / sharesshares	Nov. 18, 2019$ / sharesshares	Jul. 08, 2019$ / sharesshares	Jun. 10, 2019shares	Apr. 26, 2019$ / shares	Jan. 07, 2019USD ($)	Dec. 31, 2020USD ($)yr$ / sharesshares	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Oct. 17, 2018USD ($)
Related Party Transaction [Line Items]
Tax receivable agreement, amount payable, current							$ 4,791,000	$ 5,730,000
Tax receivable agreement, amount payable, non-current							$ 67,869,000	61,174,000
Reduction to tax receivable agreement liability								2,940,000
Overallotment Option
Related Party Transaction [Line Items]
Number of additional common stock purchased | shares			2,250,000
Offering price per share | $ / shares		$ 14.10	$ 12.50
Proceeds from secondary offering								0
Percentage of common stock share outstanding held							13.70%
Common Class A
Related Party Transaction [Line Items]
Number of common stock sold in secondary offering | shares		17,250,000		15,000,000
Platinum Stockholder
Related Party Transaction [Line Items]
Management Fees							$ 0	0	$ 5,400,000
Provision of acquisition related services									9,700,000
Provision of debt financing related services									$ 2,800,000
Business combination date of termination agreement							Oct. 17, 2018
Advisory services fee						$ 0
Platinum Stockholder | Common Stock Price Greater than $13.00 and $15.50
Related Party Transaction [Line Items]
Earn-out shares issuable if condition met | shares	5,000,000
Platinum Stockholder | Common Stock Price Greater than $13.00 and $15.50 | Common Stock Including Additional Paid in Capital
Related Party Transaction [Line Items]
Earn-out shares issued value	$ 36,600,000
Platinum Stockholder | Common Stock Price Greater than $13.00
Related Party Transaction [Line Items]
Common stock price | $ / shares					$ 13
Platinum Stockholder | Common Stock Price Greater than $13.00 | Potential Future Shares
Related Party Transaction [Line Items]
Earn-out shares issued value							$ 0
Platinum Stockholder | Common Stock Price Greater than $15.50
Related Party Transaction [Line Items]
Common stock price | $ / shares	$ 15.50
Platinum Stockholder | Common Stock Price Greater than $15.50 | Common Stock Contingent Consideration
Related Party Transaction [Line Items]
Earn-out shares issued value	$ (36,600,000)
Platinum Stockholder | Common Stock Price Greater than $15.50 | Potential Future Shares
Related Party Transaction [Line Items]
Earn-out shares issued value							$ 5,000,000
Platinum Stockholder | Earn-Out Agreement | Earn-Out Scenario Five
Related Party Transaction [Line Items]
Earn-out shares issuable if condition met | shares							0
Platinum Stockholder | Earn-Out Agreement | Common Stock Price Greater than $13.00
Related Party Transaction [Line Items]
Earn-out shares issuable if condition met | shares							2,500,000
Common stock price | $ / shares							$ 13
Platinum Stockholder | Earn-Out Agreement | Common Stock Price Greater than $15.50
Related Party Transaction [Line Items]
Earn-out shares issuable if condition met | shares							2,500,000
Common stock price | $ / shares							$ 15.50
Minimum | Platinum Stockholder | Common Stock Price Greater than $13.00
Related Party Transaction [Line Items]
Common stock price threshold trading days					10 days
Minimum | Platinum Stockholder | Common Stock Price Greater than $15.50
Related Party Transaction [Line Items]
Common stock price threshold trading days	10 days
Maximum | Platinum Stockholder | Common Stock Price Greater than $13.00
Related Party Transaction [Line Items]
Common stock price threshold trading days					20 days
Maximum | Platinum Stockholder | Common Stock Price Greater than $15.50
Related Party Transaction [Line Items]
Common stock price threshold trading days	20 days
Maximum | Platinum Stockholder | Earn-Out Agreement
Related Party Transaction [Line Items]
Earn-out shares issuable if condition met | shares							10,000,000
Selling, General and Administrative Expenses | Overallotment Option
Related Party Transaction [Line Items]
Expense incurred in secondary offering								1,700,000
Verra Mobility Business Combination
Related Party Transaction [Line Items]
Tax Receivable Agreement, portion of net cash savings paid out							50.00%
Tax Receivable Agreement, portion of net cash savings retained							50.00%
Estimated maximum benefit to be paid to tax receivable agreement							$ 70,000,000
Tax receivable agreement, amount payable							72,700,000
Tax receivable agreement, amount payable, current							4,800,000
Tax receivable agreement, amount payable, non-current							67,900,000
Increase (decrease) to payable related to tax receivable agreement adjustment							$ 6,800,000	$ (100,000)
Contingency period							5 years
Verra Mobility Business Combination | Platinum Stockholder | Earn-Out Agreement
Related Party Transaction [Line Items]
Contingent consideration							$ 36,600,000			$ 73,150,000
Term of volatility and risk free rates utilizing a peer group | yr							5
Verra Mobility Business Combination | Minimum
Related Party Transaction [Line Items]
Common stock price threshold trading days							10 days
Verra Mobility Business Combination | Maximum
Related Party Transaction [Line Items]
Common stock price threshold trading days							20 days

Related Party Transactions - Su

Related Party Transactions - Summary of Earn Out Shares Issued by Company to Platinum Stockholder (Details) - Platinum Stockholder - $ / shares	12 Months Ended
	Dec. 31, 2020	Jan. 27, 2020	Apr. 26, 2019
Common Stock Price Greater than $13.00
Related Party Transaction [Line Items]
Common Stock Price thresholds			$ 13
Common Stock Price Greater than $13.00 | Earn-Out Agreement
Related Party Transaction [Line Items]
Common Stock Price thresholds	$ 13
One-time issuance of shares	2,500,000
Common Stock Price Greater than $15.50
Related Party Transaction [Line Items]
Common Stock Price thresholds		$ 15.50
Common Stock Price Greater than $15.50 | Earn-Out Agreement
Related Party Transaction [Line Items]
Common Stock Price thresholds	$ 15.50
One-time issuance of shares	2,500,000
Common Stock Price Greater than $18.00 | Earn-Out Agreement
Related Party Transaction [Line Items]
Common Stock Price thresholds	$ 18
One-time issuance of shares	2,500,000
Common Stock Price Greater than $20.50 | Earn-Out Agreement
Related Party Transaction [Line Items]
Common Stock Price thresholds	$ 20.50
One-time issuance of shares	2,500,000

Commitment and Contingencies -

Commitment and Contingencies - Additional Information (Details)	12 Months Ended
	Mar. 31, 2021Guarantee	Dec. 31, 2020USD ($)
Loss Contingencies [Line Items]
Letters of Credit Outstanding		$ 6,300,000
Non-cancelable purchase commitments outstanding		$ 6,300,000
Guarantee triggering events, description		In the ordinary course of business, the Company occasionally employs contract terms that mitigate the customer’s risk of aggregate revenue decline in connection with the customer’s adoption of additional or changes to service models within its existing portfolio. These agreements require the customer to satisfy numerous conditions to trigger payment, including volume metrics and other operational requirements.
Guarantee liability		$ 0
Selling, General and Administrative Expenses
Loss Contingencies [Line Items]
Severance and other employee separation costs		1,100,000
Other Income, Net | HTA Settlement Agreement
Loss Contingencies [Line Items]
Gain for distribution of escrow funds		1,400,000
Gain from receipt of additional proceeds from third party insurance carrier		$ 1,400,000
Scenario Forecast
Loss Contingencies [Line Items]
Guarantee outstanding | Guarantee	1
Guarantee outstanding period	1 year

Segment Reporting - Additional

Segment Reporting - Additional Information (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Segment	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment	2
Number of reportable segments | Segment	2
Carrying value of property and equipment	$ 70,284	$ 72,266
International
Segment Reporting Information [Line Items]
Revenues	13,300	14,500	$ 11,000
Government Solutions | Equipment Installed at Customer Sites
Segment Reporting Information [Line Items]
Carrying value of property and equipment	44,200	46,600
Government Solutions | Automobiles
Segment Reporting Information [Line Items]
Carrying value of property and equipment	$ 1,800	$ 1,500

Segment Reporting - Financial I

Segment Reporting - Financial Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Total revenue	$ 100,163	$ 96,908	$ 79,809	$ 116,713	$ 112,461	$ 128,240	$ 109,575	$ 98,461	$ 393,593	$ 448,737	$ 370,146
Operating expenses									114,892	124,821	108,746
Selling, general and administrative expenses									77,912	76,300	133,934
Other (income) expenses, net									(11,885)	(11,092)	(8,795)
Segment profit (loss)	$ 10,085	$ 15,268	$ (6,950)	$ 19,413	$ 24,194	$ 36,659	$ 17,636	$ 17,966	37,816	96,455	12,606
Depreciation and amortization									116,570	115,566	103,346
Loss on disposal of assets, net									274	205	7
Impairment of property and equipment										5,898
TRA liability adjustment									6,850	(106)
Stock-based compensation									12,589	10,012	2,272
Interest expense, net									40,865	60,729	69,550
Loss on extinguishment of debt											26,486
Income (loss) before income tax provision									1,986	46,924	(74,635)
Service Revenue
Segment Reporting Information [Line Items]
Total revenue									336,274	416,723	365,076
Cost of revenue									3,967	5,561	5,788
Product Sales
Segment Reporting Information [Line Items]
Total revenue									57,319	32,014	5,070
Cost of revenue									29,573	13,919	3,447
Operating Segments
Segment Reporting Information [Line Items]
Segment profit (loss)									179,134	239,228	127,026
Operating Segments | Government Solutions
Segment Reporting Information [Line Items]
Total revenue									212,737	172,258	147,535
Operating expenses									62,387	57,905	57,525
Selling, general and administrative expenses									34,465	32,696	27,827
Other (income) expenses, net									(111)	(278)	(117)
Segment profit (loss)									85,018	66,164	56,143
Loss on disposal of assets, net									258	60
Impairment of property and equipment										5,898
Income (loss) before income tax provision									84,760	60,206	56,143
Operating Segments | Commercial Services
Segment Reporting Information [Line Items]
Total revenue									180,856	276,479	222,611
Operating expenses									52,505	66,916	51,221
Selling, general and administrative expenses									40,978	41,384	55,370
Other (income) expenses, net									(11,774)	(10,814)	(8,680)
Segment profit (loss)									96,585	175,284	121,622
Loss on disposal of assets, net									16	145
Income (loss) before income tax provision									96,569	175,139	121,622
Operating Segments | Service Revenue | Government Solutions
Segment Reporting Information [Line Items]
Total revenue									155,418	140,244	142,465
Cost of revenue									1,405	1,852	2,710
Operating Segments | Service Revenue | Commercial Services
Segment Reporting Information [Line Items]
Total revenue									180,856	276,479	222,611
Cost of revenue									2,562	3,709	3,078
Operating Segments | Product Sales | Government Solutions
Segment Reporting Information [Line Items]
Total revenue									57,319	32,014	5,070
Cost of revenue									29,573	13,919	3,447
Corporate and Other
Segment Reporting Information [Line Items]
Selling, general and administrative expenses									2,469	2,220	50,737
Other (income) expenses, net											2
Segment profit (loss)									(2,469)	(2,220)	(50,739)
Depreciation and amortization									116,570	115,566	103,346
Loss on disposal of assets, net											7
TRA liability adjustment									6,850	(106)
Stock-based compensation									12,589	10,012	2,272
Interest expense, net									40,865	60,729	69,550
Loss on extinguishment of debt											26,486
Income (loss) before income tax provision									$ (179,343)	$ (188,421)	$ (252,400)

Quarterly Financial Informati_3

Quarterly Financial Information (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Selected Quarterly Financial Information [Abstract]
Total revenue	$ 100,163	$ 96,908	$ 79,809	$ 116,713	$ 112,461	$ 128,240	$ 109,575	$ 98,461	$ 393,593	$ 448,737	$ 370,146
Income (loss) from operations	10,085	15,268	(6,950)	19,413	24,194	36,659	17,636	17,966	37,816	96,455	12,606
Net income (loss)	$ (1,416)	$ 6,686	$ (15,388)	$ 6,673	$ 9,180	$ 17,752	$ 3,591	$ 2,820	$ (3,445)	$ 33,343	$ (58,394)
Earnings (loss) per share - basic and diluted	$ (0.01)	$ 0.04	$ (0.10)	$ 0.04	$ 0.06	$ 0.11	$ 0.02	$ 0.02

Guarantor_Non-Guarantor Finan_3

Guarantor/Non-Guarantor Financial Information (Unaudited) - Summary of Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 120,259	$ 131,513
Restricted cash	633	917
Accounts receivable (net of allowance for credit loss of $11.5 million)	168,783	93,514
Unbilled receivables	14,045	20,003
Prepaid expenses and other current assets	24,317	26,491
Total current assets	328,037	272,438
Installation and service parts, net	7,944	8,841
Property and equipment, net	70,284	72,266
Operating lease assets	29,787	32,177
Intangible assets, net	342,139	434,443
Goodwill	586,435	584,150	$ 564,723
Other non-current assets	2,699	3,111
Total assets	1,367,325	1,407,426
Current liabilities:
Accounts payable	34,509	50,825
Accrued liabilities	15,636	19,547
Payable to related party pursuant to tax receivable agreement, current portion	4,791
Current portion of long-term debt	9,104	28,779
Total current liabilities	64,040	104,881
Long-term debt, net of current portion	832,941	837,686
Operating lease liabilities, net of current portion	27,986	30,130
Payable to related party pursuant to tax receivable agreement, net of current portion	67,869
Asset retirement obligation	6,409	6,309	6,750
Deferred tax liabilities, net	21,148	25,716
Other long-term liabilities	494	2,183
Total liabilities	1,020,887	1,068,079
Total stockholders' equity	346,438	339,347	$ 302,056	$ 147,264
Total liabilities and stockholders' equity	1,367,325	$ 1,407,426
Verra Mobility Corporation (Ultimate Parent)
Current assets:
Investment in subsidiary	177,179
Total current assets	177,179
Due from affiliates	169,259
Total assets	346,438
Current liabilities:
Total stockholders' equity	346,438
Total liabilities and stockholders' equity	346,438
VM Consolidated Inc. (Guarantor Subsidiary)
Current assets:
Cash and cash equivalents	103,969
Restricted cash	633
Accounts receivable (net of allowance for credit loss of $11.5 million)	166,749
Unbilled receivables	13,452
Investment in subsidiary	77,200
Prepaid expenses and other current assets	21,586
Total current assets	383,589
Installation and service parts, net	7,944
Property and equipment, net	65,547
Operating lease assets	29,430
Intangible assets, net	315,533
Goodwill	524,766
Other non-current assets	2,684
Total assets	1,329,493
Current liabilities:
Accounts payable	22,346
Accrued liabilities	11,617
Payable to related party pursuant to tax receivable agreement, current portion	4,791
Current portion of long-term debt	9,104
Total current liabilities	47,858
Long-term debt, net of current portion	832,941
Operating lease liabilities, net of current portion	27,854
Payable to related party pursuant to tax receivable agreement, net of current portion	67,869
Asset retirement obligation	6,409
Due to affiliates	152,914
Deferred tax liabilities, net	15,975
Other long-term liabilities	494
Total liabilities	1,152,314
Total stockholders' equity	177,179
Total liabilities and stockholders' equity	1,329,493
Non-guarantor Subsidiaries
Current assets:
Cash and cash equivalents	16,290
Accounts receivable (net of allowance for credit loss of $11.5 million)	2,034
Unbilled receivables	593
Prepaid expenses and other current assets	2,731
Total current assets	21,648
Property and equipment, net	4,737
Operating lease assets	357
Intangible assets, net	26,606
Goodwill	61,669
Other non-current assets	15
Total assets	115,032
Current liabilities:
Accounts payable	12,163
Accrued liabilities	4,019
Total current liabilities	16,182
Operating lease liabilities, net of current portion	132
Due to affiliates	16,345
Deferred tax liabilities, net	5,173
Total liabilities	37,832
Total stockholders' equity	77,200
Total liabilities and stockholders' equity	115,032
Eliminations
Current assets:
Investment in subsidiary	(254,379)
Total current assets	(254,379)
Due from affiliates	(169,259)
Total assets	(423,638)
Current liabilities:
Due to affiliates	(169,259)
Total liabilities	(169,259)
Total stockholders' equity	(254,379)
Total liabilities and stockholders' equity	$ (423,638)

Guarantor_Non-Guarantor Finan_4

Guarantor/Non-Guarantor Financial Information (Unaudited) (Parenthetical) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Allowance for credit loss	$ 11,467	$ 8,456

Guarantor_Non-Guarantor Finan_5

Guarantor/Non-Guarantor Financial Information (Unaudited) - Summary of Consolidated Statements of Operations and Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Condensed Statement Of Income Captions [Line Items]
Total revenue	$ 100,163	$ 96,908	$ 79,809	$ 116,713	$ 112,461	$ 128,240	$ 109,575	$ 98,461	$ 393,593	$ 448,737	$ 370,146
Operating expenses									115,729	125,640	108,883
Selling, general and administrative expenses									89,664	85,493	136,069
Depreciation, amortization and (gain) loss on disposal of assets, net									116,844	115,771	103,353
Total costs and expenses									355,777	352,282	357,540
Income from operations	10,085	15,268	(6,950)	19,413	24,194	36,659	17,636	17,966	37,816	96,455	12,606
Interest expense, net									40,865	60,729	69,550
Tax receivable agreement liability adjustment									6,850	(106)
Other income, net									(11,885)	(11,092)	(8,795)
Total other expenses									35,830	49,531	87,241
Income (loss) before income tax provision (benefit)									1,986	46,924	(74,635)
Income tax provision (benefit)									5,431	13,581	(16,241)
Net (loss) income	$ (1,416)	$ 6,686	$ (15,388)	$ 6,673	$ 9,180	$ 17,752	$ 3,591	$ 2,820	(3,445)	33,343	(58,394)
Other comprehensive income (loss):
Change in foreign currency translation adjustment									2,788	3,244	(5,821)
Total comprehensive (loss) income									(657)	36,587	(64,215)
Verra Mobility Corporation (Ultimate Parent)
Condensed Statement Of Income Captions [Line Items]
Loss from equity investment									3,445
Total other expenses									3,445
Income (loss) before income tax provision (benefit)									(3,445)
Net (loss) income									(3,445)
Other comprehensive income (loss):
Total comprehensive (loss) income									(3,445)
VM Consolidated Inc. (Guarantor Subsidiary)
Condensed Statement Of Income Captions [Line Items]
Total revenue									380,291
Operating expenses									108,659
Selling, general and administrative expenses									84,732
Depreciation, amortization and (gain) loss on disposal of assets, net									111,968
Total costs and expenses									336,706
Income from operations									43,585
Loss from equity investment									5,361
Interest expense, net									40,865
Tax receivable agreement liability adjustment									6,850
Other income, net									(11,692)
Total other expenses									41,384
Income (loss) before income tax provision (benefit)									2,201
Income tax provision (benefit)									5,646
Net (loss) income									(3,445)
Other comprehensive income (loss):
Total comprehensive (loss) income									(3,445)
Non-guarantor Subsidiaries
Condensed Statement Of Income Captions [Line Items]
Total revenue									13,302
Operating expenses									7,070
Selling, general and administrative expenses									4,932
Depreciation, amortization and (gain) loss on disposal of assets, net									4,876
Total costs and expenses									19,071
Income from operations									(5,769)
Other income, net									(193)
Total other expenses									(193)
Income (loss) before income tax provision (benefit)									(5,576)
Income tax provision (benefit)									(215)
Net (loss) income									(5,361)
Other comprehensive income (loss):
Change in foreign currency translation adjustment									2,788
Total comprehensive (loss) income									(2,573)
Eliminations
Condensed Statement Of Income Captions [Line Items]
Loss from equity investment									(8,806)
Total other expenses									(8,806)
Income (loss) before income tax provision (benefit)									8,806
Net (loss) income									8,806
Other comprehensive income (loss):
Total comprehensive (loss) income									8,806
Service Revenue
Condensed Statement Of Income Captions [Line Items]
Total revenue									336,274	416,723	365,076
Cost of revenue									3,967	5,561	5,788
Service Revenue | VM Consolidated Inc. (Guarantor Subsidiary)
Condensed Statement Of Income Captions [Line Items]
Total revenue									322,972
Cost of revenue									1,774
Service Revenue | Non-guarantor Subsidiaries
Condensed Statement Of Income Captions [Line Items]
Total revenue									13,302
Cost of revenue									2,193
Product Sales
Condensed Statement Of Income Captions [Line Items]
Total revenue									57,319	32,014	5,070
Cost of revenue									29,573	$ 13,919	$ 3,447
Product Sales | VM Consolidated Inc. (Guarantor Subsidiary)
Condensed Statement Of Income Captions [Line Items]
Total revenue									57,319
Cost of revenue									$ 29,573

Guarantor_Non-Guarantor Finan_6

Guarantor/Non-Guarantor Financial Information (Unaudited) - Summary of Consolidated Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities:
Net (loss) income	$ (3,445)	$ 33,343	$ (58,394)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	116,570	115,566	103,346
Amortization of deferred financing costs and discounts	5,437	6,641	9,168
Tax receivable agreement liability adjustment	6,850	(106)
Credit loss expense	14,387	8,100	6,025
Deferred income taxes	(4,746)	(10,894)	(24,435)
Stock-based compensation	12,589	10,012	2,272
Installation and service parts expense	677	1,166	1,238
Accretion expense	259	350	396
Loss on disposal of assets	274	205	7
Changes in operating assets and liabilities:
Accounts receivable, net	(90,588)	(12,662)	(23,721)
Unbilled receivables	5,964	(6,428)	(6,124)
Prepaid expenses and other assets	3,829	(7,150)	2,115
Accounts payable and accrued liabilities	(16,867)	(8,194)	7,125
Other liabilities	(4,281)	(2,045)	513
Net cash provided by operating activities	46,909	133,802	46,017
Cash Flows from Investing Activities:
Purchases of installation and service parts and property and equipment	(24,260)	(29,685)	(26,576)
Cash proceeds from the sale of assets	107	231	418
Net cash used in investing activities	(24,153)	(54,973)	(562,857)
Cash Flows from Financing Activities:
Repayment of long-term debt	(28,779)	(9,104)	(654,851)
Payment of debt issuance costs	(1,078)	(426)	(31,753)
Payment of employee tax withholding related to RSUs vesting	(4,147)	(4,990)
Net cash (used in) provided by financing activities	(34,004)	(14,520)	574,268
Effect of exchange rate changes on cash and cash equivalents	(290)	1,040	(856)
Net (decrease) increase in cash, cash equivalents and restricted cash	(11,538)	65,349	56,572
Cash, cash equivalents and restricted cash - beginning of period	132,430	67,081	10,509
Cash, cash equivalents and restricted cash - end of period	120,892	132,430	67,081
Supplemental cash flow information:
Interest paid	35,822	55,197	60,441
Income taxes paid, net of refunds	12,638	24,357	762
Supplemental non-cash investing and financing activities:
Earn-out shares issued to Platinum Stockholder	18,287	18,288
Additions to ARO, property and equipment, and other	133	230	147
Purchases of installation and service parts and property and equipment in accounts payable and accrued liabilities at year-end	1,289	4,204	$ 3,179
Verra Mobility Corporation (Ultimate Parent)
Cash Flows from Operating Activities:
Net (loss) income	(3,445)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Loss from equity investment	3,445
Supplemental non-cash investing and financing activities:
Earn-out shares issued to Platinum Stockholder	18,287
VM Consolidated Inc. (Guarantor Subsidiary)
Cash Flows from Operating Activities:
Net (loss) income	(3,445)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	111,710
Amortization of deferred financing costs and discounts	5,437
Tax receivable agreement liability adjustment	6,850
Credit loss expense	14,355
Deferred income taxes	(3,798)
Stock-based compensation	12,589
Installation and service parts expense	677
Accretion expense	259
Loss on disposal of assets	258
Loss from equity investment	5,361
Changes in operating assets and liabilities:
Accounts receivable, net	(92,977)
Unbilled receivables	5,864
Prepaid expenses and other assets	3,996
Accounts payable and accrued liabilities	(15,035)
Due to affiliates	(2,447)
Other liabilities	(4,281)
Net cash provided by operating activities	45,373
Cash Flows from Investing Activities:
Purchases of installation and service parts and property and equipment	(21,160)
Cash proceeds from the sale of assets	107
Net cash used in investing activities	(21,053)
Cash Flows from Financing Activities:
Repayment of long-term debt	(28,779)
Payment of debt issuance costs	(1,078)
Payment of employee tax withholding related to RSUs vesting	(4,147)
Net cash (used in) provided by financing activities	(34,004)
Net (decrease) increase in cash, cash equivalents and restricted cash	(9,684)
Cash, cash equivalents and restricted cash - beginning of period	114,286
Cash, cash equivalents and restricted cash - end of period	104,602	114,286
Supplemental cash flow information:
Interest paid	35,822
Income taxes paid, net of refunds	12,318
Supplemental non-cash investing and financing activities:
Additions to ARO, property and equipment, and other	133
Purchases of installation and service parts and property and equipment in accounts payable and accrued liabilities at year-end	1,289
Non-guarantor Subsidiaries
Cash Flows from Operating Activities:
Net (loss) income	(5,361)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	4,860
Credit loss expense	32
Deferred income taxes	(948)
Loss on disposal of assets	16
Changes in operating assets and liabilities:
Accounts receivable, net	2,389
Unbilled receivables	100
Prepaid expenses and other assets	(167)
Accounts payable and accrued liabilities	(1,832)
Due to affiliates	2,447
Net cash provided by operating activities	1,536
Cash Flows from Investing Activities:
Purchases of installation and service parts and property and equipment	(3,100)
Net cash used in investing activities	(3,100)
Cash Flows from Financing Activities:
Effect of exchange rate changes on cash and cash equivalents	(290)
Net (decrease) increase in cash, cash equivalents and restricted cash	(1,854)
Cash, cash equivalents and restricted cash - beginning of period	18,144
Cash, cash equivalents and restricted cash - end of period	16,290	$ 18,144
Supplemental cash flow information:
Income taxes paid, net of refunds	320
Eliminations
Cash Flows from Operating Activities:
Net (loss) income	8,806
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Loss from equity investment	$ (8,806)

Subsequent Event - Additional I

Subsequent Event - Additional Information (Details) - Subsequent Event - Redflex Holdings Limited $ in Millions	Jan. 21, 2021AUD ($)
Subsequent Event [Line Items]
Purchase percentage of outstanding equity	100.00%
Purchase price	$ 146.1