CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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| Statement of Comprehensive Income [Abstract] | ||||
| Revenue | $ 683,496 | $ 420,012 | $ 1,521,510 | $ 914,309 |
| Operating expenses | 595,587 | 366,368 | 1,205,499 | 742,853 |
| Gross margin | 87,909 | 53,644 | 316,011 | 171,456 |
| Corporate general and administrative expenses | 27,637 | 22,050 | 55,707 | 40,761 |
| Operating income | 60,272 | 31,594 | 260,304 | 130,695 |
| Other (expense) income: | ||||
| Interest expense | (27,867) | (5,884) | (53,023) | (10,395) |
| Other income, net | 25,374 | 2,483 | 23,408 | 11,907 |
| Total other (expense) income, net | (2,493) | (3,401) | (29,615) | 1,512 |
| Income before income tax expense | 57,779 | 28,193 | 230,689 | 132,207 |
| Income tax expense | 15,837 | 8,400 | 65,974 | 35,530 |
| Net Income | $ 41,942 | $ 19,793 | $ 164,715 | $ 96,677 |
| Earnings per share: | ||||
| Basic (in dollars per share) | $ 0.66 | $ 0.39 | $ 2.59 | $ 1.93 |
| Diluted (in dollars per share) | $ 0.66 | $ 0.39 | $ 2.58 | $ 1.92 |
| Basic weighted average shares outstanding (in shares) | 63,542 | 50,111 | 63,692 | 50,079 |
| Diluted weighted average shares outstanding (in shares) | 63,784 | 50,276 | 63,960 | 50,248 |
| Comprehensive income: | ||||
| Net income | $ 41,942 | $ 19,793 | $ 164,715 | $ 96,677 |
| Other comprehensive (loss) income, net of tax | (2,115) | (142) | (3,350) | 876 |
| Comprehensive income | $ 39,827 | $ 19,651 | $ 161,365 | $ 97,553 |
| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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