v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 345,759 $ 329,642
Cost of operations (exclusive of depreciation and amortization shown below):    
Cost of operations 122,878 128,461
Depreciation and amortization 68,681 70,529
Selling, general and administrative 46,127 32,255
Loss on sale of assets 1,261 9,211
Total operating expenses 238,947 240,456
Income from operations 106,812 89,186
Other expenses:    
Interest expense (48,741) (47,224)
Loss on extinguishment of debt (36,512) 0
Other expense, net (939) (402)
Total other expenses, net (86,192) (47,626)
Income before income taxes 20,620 41,560
Income tax expense 2,760 10,524
Net income 17,860 31,036
Less: Net income attributable to noncontrolling interests 55 625
Net income attributable to common shareholders $ 17,805 $ 30,411
Earnings per share attributable to common shareholders:    
Basic (in dollars per share) $ 0.20 $ 0.34
Diluted (in dollars per share) $ 0.20 $ 0.33
Weighted average shares outstanding:    
Basic (in shares) 85,942 87,879
Diluted (in shares) 87,501 90,606
Contract Services    
Revenues:    
Total revenues $ 306,985 $ 288,956
Cost of operations (exclusive of depreciation and amortization shown below):    
Cost of operations 90,259 93,235
Other Services    
Revenues:    
Total revenues 38,774 40,686
Cost of operations (exclusive of depreciation and amortization shown below):    
Cost of operations $ 32,619 $ 35,226