v3.26.1
OTHER INFORMATION
 3 Months Ended
Mar. 31, 2026
Other Income and Expenses [Abstract]  
OTHER INFORMATION OTHER INFORMATION
Reconciliation of Cash, Cash Equivalents and Restricted Cash
The following table reconciles cash and cash equivalents reported in the Consolidated Balance Sheets to total cash, cash equivalents and restricted cash reported in the Consolidated Statements of Cash Flows:
(In thousands)March 31,
2026		December 31,
2025
Cash and cash equivalents in the Balance Sheets$182,421 $190,022 
Cash and cash equivalents included in Current assets of discontinued operations
13,033 21,115 
Restricted cash included in the following line items:
  Other current assets2,074 1,674 
Current assets of discontinued operations
1,024 1,043 
  Other assets3,051 2,806 
Total cash, cash equivalents and restricted cash in the Statements of Cash Flows$201,603 $216,660 
Accounts Receivable
The following table presents the components of accounts receivable, net, as reported in the Consolidated Balance Sheets:
(In thousands)March 31,
2026		December 31,
2025
Accounts receivable$358,855 $382,582 
Less: Allowance for credit losses(13,155)(11,205)
Accounts receivable, net$345,700 $371,377 
Credit loss expense for continuing operations, included in “Selling, general and administrative expenses” on the Consolidated Statements of Income (Loss), was $2.6 million and $0.7 million for the three months ended March 31, 2026 and 2025, respectively.
Accrued Expenses
The following table presents the components of accrued expenses as reported in the Consolidated Balance Sheets:
(In thousands)March 31,
2026		December 31,
2025
Accrued rent$45,520 $60,660 
Accrued employee compensation and benefits20,604 40,942 
Accrued taxes11,255 14,315 
Accrued other
54,884 53,776 
Total accrued expenses$132,263 $169,693 
Other Operating Expense (Income), Net
Other operating expense, net, of $15.3 million for the three months ended March 31, 2026 primarily reflects $15.8 million of transaction costs, including costs related to the Merger, partially offset by $0.6 million of net gains from the sale or disposal of operating assets.
Other operating income, net, of $5.8 million for the three months ended March 31, 2025 primarily reflects $6.6 million of net gains from the sale or disposal of operating assets, partially offset by $0.6 million of transaction costs associated with structural initiatives and financial advisory services, as well as other miscellaneous costs.