v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities    
Net income $ 9.9 $ 7.9
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 31.8 21.5
Equity based compensation 3.3 3.2
Gain on sale of assets (1.8) (0.2)
Deferred income tax expense 3.6 2.5
Impairment of assets 0.0 0.4
Change in fair value of contingent consideration 0.7 0.0
Other expenses 0.6 0.9
Changes in operating assets and liabilities    
Accounts receivable, net (45.1) (1.3)
Contract assets (17.3) (1.8)
Inventory (0.1) (0.1)
Prepaid expenses and other current assets 4.1 2.7
Other assets 1.6 1.2
Accounts payable 3.8 (3.6)
Accrued expenses 15.3 (0.3)
Other current liabilities (0.8) (1.7)
Other long-term liabilities 13.4 0.0
Net cash provided by operating activities 23.0 31.3
Cash Flows from Investing Activities    
Purchase of property and equipment (24.7) (13.5)
Proceeds from disposal of property and equipment 1.3 1.9
Net cash used in investing activities (23.4) (11.6)
Cash Flows from Financing Activities    
Principal payments on financing lease obligations (5.2) (3.4)
Principal payments on other financing liabilities (0.3) (0.3)
Dividends paid to Class A Common Stock stockholders (3.0) (2.8)
Shares withheld for equity compensation (2.4) (1.9)
Repurchase of Class A Common Stock (5.0) (3.3)
Net cash used in financing activities (5.7) (11.7)
Decrease in cash and cash equivalents (6.1) 8.0
Cash and cash equivalents, Beginning of Period 10.3 40.9
Cash and cash equivalents, End of Period 4.2 48.9
Supplemental Cash Flow Information    
Interest paid 1.1 1.0
Supplemental Disclosure of Non-cash Investing and Financing Activities    
Capital expenditures included in accounts payable and accrued liabilities (0.5) 0.1
Additions to fixed assets through installment purchases and financing leases (3.3) (3.5)
Additions to fixed assets through asset trades (1.4) (0.9)
Senior Revolving Credit Facility    
Cash Flows from Financing Activities    
Borrowings under Revolving Credit Facility 68.3 0.2
Principal payments on Revolving Credit Facility $ (58.1) $ (0.2)