v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 4.2 $ 10.3
Accounts receivable, net 123.5 77.9
Contract assets 34.4 17.1
Inventory 3.0 3.1
Prepaid expenses and other current assets 8.4 12.5
Assets held for sale 0.3 0.3
Total current assets 173.8 121.2
Property and equipment, net 278.5 280.9
Intangible assets, net 4.5 4.9
Operating leases, right-of-use assets 9.4 11.0
Other assets 1.4 1.3
Total assets 467.6 419.3
Liabilities and Stockholders' Equity    
Accounts payable 29.5 25.3
Accrued expenses 40.1 25.4
Other financing liability, current portion 0.8 0.7
Long-term debt, current portion 13.7 3.5
Short-term lease liability 10.6 11.3
Other current liabilities 5.8 3.0
Total current liabilities 100.5 69.2
Long-term lease liability 14.8 16.8
Other financing liability 9.2 9.6
Deferred tax liability 27.2 23.5
Contract liabilities 12.9 0.0
Other long-term liabilities 0.1 0.1
Total liabilities 164.7 119.2
Commitments and contingencies (Note 16)
Stockholders' equity    
Preferred stock, $0.01 per share; 50,000,000 shares authorized; no shares issued or outstanding as of June 30, 2026 and December 31, 2025 0.0 0.0
Less: Class A Common Stock held in treasury at cost; 4,155,728 treasury shares as of September 30, 2025 and 3,877,628 treasury shares as of December 31, 2024 (55.9) (50.9)
Retained earnings 55.9 48.9
Additional paid-in capital 302.6 301.8
Total stockholders' equity 302.9 300.1
Total liabilities and stockholders' equity 467.6 419.3
Class A Common Stock    
Stockholders' equity    
Common stock 0.3 0.3
Class B Common Stock    
Stockholders' equity    
Common stock $ 0.0 $ 0.0