Supplemental Balance Sheet and Income Statement Information (Tables)
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6 Months Ended |
Jun. 30, 2025 |
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| Supplemental Balance Sheet and Income Statement Information |
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| Schedule of accrued liabilities |
Accrued liabilities included the following: | | | | | | | | | June 30, | | December 31, | | | 2025 | | 2024 | | | | (In thousands) | Accrued compensation | | $ | 68,950 | | $ | 68,776 | Deferred revenue | | | 59,917 | | | 30,902 | Other taxes payable | | | 34,380 | | | 33,446 | Workers’ compensation liabilities | | | 8,148 | | | 6,588 | Interest payable | | | 62,699 | | | 66,300 | Litigation reserves | | | 11,782 | | | 10,493 | Accrued professional fees | | | 4,451 | | | 2,490 | Other accrued liabilities | | | 23,884 | | | 4,764 | | | $ | 274,211 | | $ | 223,759 |
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| Schedule of investment income (loss) |
Investment income (loss) includes the following: | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | | | (In thousands) | Interest and dividend income | | $ | 6,385 | | $ | 8,595 | | $ | 12,992 | | $ | 18,787 | Gains (losses) on marketable securities | | | (256) | | | (414) | | | (267) | | | (405) | | | $ | 6,129 | | $ | 8,181 | | $ | 12,725 | | $ | 18,382 |
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| Schedule of other, net |
Other, net included the following: | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | June 30, | | June 30, | | | | 2025 | | 2024 | | 2025 | | 2024 | | | | | (In thousands) | (Gains) losses on sales, disposals and involuntary conversions of long-lived assets | | | $ | (11,704) | | $ | 4,939 | | $ | (15,829) | | $ | 9,542 | Asset impairment | | | | — | | | — | | | 26,456 | | | — | Transaction related costs | | | | 1,935 | | | — | | | 19,115 | | | — | Other than temporary impairment on securities | | | | 3,847 | | | — | | | 3,847 | | | — | Severance and reorganization costs | | | | 7,107 | | | — | | | 12,155 | | | — | Warrant and derivative valuation | | | | (3,187) | | | (3,915) | | | (7,399) | | | (9,594) | Litigation expenses and reserves | | | | 763 | | | 1,768 | | | 1,379 | | | 4,318 | Foreign currency transaction losses | | | | 2,066 | | | 6,500 | | | 2,135 | | | 17,894 | Loss (gain) on debt buyback | | | | (1,915) | | | — | | | (1,915) | | | 2,576 | Other losses (gains) | | | | 7,162 | | | 2,787 | | | 10,920 | | | 3,451 | | | | $ | 6,074 | | $ | 12,079 | | $ | 50,864 | | $ | 28,187 |
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| Schedule of changes in accumulated other comprehensive income (loss) |
The changes in accumulated other comprehensive income (loss), by component, included the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gains | | Defined | | | | | | | | | (losses) on | | benefit | | Foreign | | | | | | cash flow | | pension plan | | currency | | | | | | hedges | | items | | items | | Total | | | | (In thousands (1) ) | As of January 1, 2024 | | $ | 2 | | $ | (3,606) | | $ | (7,228) | | $ | (10,832) | Other comprehensive income (loss) before reclassifications | | | — | | | — | | | (181) | | | (181) | Amounts reclassified from accumulated other comprehensive income (loss) | | | — | | | 81 | | | — | | | 81 | Net other comprehensive income (loss) | | | — | | | 81 | | | (181) | | | (100) | As of June 30, 2024 | | $ | 2 | | $ | (3,525) | | $ | (7,409) | | $ | (10,932) |
| (1) | All amounts are net of tax. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Gains | | Defined | | | | | | | | | (losses) on | | benefit | | Foreign | | | | | | cash flow | | pension plan | | currency | | | | | | hedges | | items | | items | | Total | | | | (In thousands (1) ) | As of January 1, 2025 | | $ | 2 | | $ | (3,444) | | $ | (6,972) | | $ | (10,414) | Other comprehensive income (loss) before reclassifications | | | — | | | — | | | (335) | | | (335) | Amounts reclassified from accumulated other comprehensive income (loss) | | | — | | | 81 | | | — | | | 81 | Net other comprehensive income (loss) | | | — | | | 81 | | | (335) | | | (254) | As of June 30, 2025 | | $ | 2 | | $ | (3,363) | | $ | (7,307) | | $ | (10,668) |
| (1) | All amounts are net of tax. |
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| Schedule of line items that were reclassified to net income |
The line items that were reclassified to net income included the following: | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | June 30, | | June 30, | | | | 2025 | | 2024 | | 2025 | | 2024 | | | (In thousands) | General and administrative expenses | | | $ | 52 | | $ | 52 | | $ | 105 | | $ | 105 | Total income (loss) before income tax | | | | (52) | | | (52) | | | (105) | | | (105) | Tax expense (benefit) | | | | (12) | | | (12) | | | (24) | | | (24) | Reclassification adjustment for (gains)/ losses included in net income (loss) | | | $ | (40) | | $ | (40) | | $ | (81) | | $ | (81) |
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