v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 27,892 $ 19,978
Inventories 40,795 38,447
Prepaid expenses and other current assets 50,840 45,354
Total current assets 457,850 385,498
Property and equipment 1,471,791 1,405,486
Accumulated depreciation (704,300) (679,832)
Total property and equipment, net 767,491 725,654
Right-of-use assets, net 33,511 36,851
Goodwill 18,215 18,215
Other intangible assets, net 119,337 123,715
Deferred tax assets, net 43,851 46,339
Investments in unconsolidated entities 83,501 11,347
Other long-term assets 21,455 18,663
Total assets 1,545,211 1,366,282
Current liabilities    
Accrued salaries and benefits 15,345 29,937
Accrued insurance 21,698 24,685
Sales tax payable 2,139 2,110
Current portion of tax receivable agreements liabilities 17 93
Accrued expenses and other current liabilities 32,338 40,137
Current operating lease liabilities 15,814 16,439
Current portion of finance lease obligations 490 211
Total current liabilities 249,885 233,375
Long-term tax receivable agreements liabilities 38,409 38,409
Long-term operating lease liabilities 27,952 31,092
Long-term debt, net of deferred issuance costs of $4,112 and $0, respectively 245,888 85,000
Other long-term liabilities 66,128 62,872
Total liabilities 628,262 450,748
Commitments and contingencies (Note 9)
Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued and outstanding as of March 31, 2025 and December 31, 2024
Additional paid-in capital 989,785 998,474
Accumulated deficit (197,908) (206,147)
Total stockholders' equity 793,078 793,520
Noncontrolling interests 123,871 122,014
Total equity 916,949 915,534
Total liabilities and equity 1,545,211 1,366,282
Nonrelated Party    
Current assets    
Accounts receivable 338,129 281,569
Current liabilities    
Accounts payable 44,996 39,189
Accrued accounts payable 111,144 76,196
Related Party    
Current assets    
Accounts receivable 194 150
Current liabilities    
Accounts payable and accrued expenses, related parties 5,904 4,378
Class A common stock    
Current liabilities    
Common stock 1,039 1,031
Class B common stock    
Current liabilities    
Common stock $ 162 $ 162