v3.26.1
SUPPLEMENTAL CASH FLOW INFORMATION (Tables)
 3 Months Ended
Mar. 31, 2026
Supplemental Cash Flow Information [Abstract]  
Schedule of Cash and Cash Equivalents Reconciliation
The following table provides a reconciliation of Cash and cash equivalents and Current and Long-term restricted cash reported within the Condensed Consolidated Balance Sheets and in the Condensed Consolidated Statements of Cash Flows:
(in thousands)March 31, 2026December 31, 2025
Held by foreign entities$12,818 $9,048 
Held by U.S. entities 93,727 80,408 
Cash and cash equivalents106,545 89,456 
  
Reinsurance reserve requirements2,544 2,407 
Project indemnity collateral32,324 32,264 
Letters of credit collateral (1)
37,871 66,801 
Escrow for long-term project15,549 10,432 
Current and Long-term restricted cash and cash equivalents
88,288 111,904 
Total Cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows$194,833 $201,360 
(1) Balance drawn on Axos Credit Agreement to serve as collateral on our letters of credit. This is reflected in Current and Long-term restricted cash in the Condensed Consolidated Balance Sheets.
Schedule of Restricted Cash and Cash Equivalents
The following table provides a reconciliation of Cash and cash equivalents and Current and Long-term restricted cash reported within the Condensed Consolidated Balance Sheets and in the Condensed Consolidated Statements of Cash Flows:
(in thousands)March 31, 2026December 31, 2025
Held by foreign entities$12,818 $9,048 
Held by U.S. entities 93,727 80,408 
Cash and cash equivalents106,545 89,456 
  
Reinsurance reserve requirements2,544 2,407 
Project indemnity collateral32,324 32,264 
Letters of credit collateral (1)
37,871 66,801 
Escrow for long-term project15,549 10,432 
Current and Long-term restricted cash and cash equivalents
88,288 111,904 
Total Cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows$194,833 $201,360 
(1) Balance drawn on Axos Credit Agreement to serve as collateral on our letters of credit. This is reflected in Current and Long-term restricted cash in the Condensed Consolidated Balance Sheets.