v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Preferred Stock
Treasury Stock
Additional paid-in capital
Accumulated deficit
Accumulated other comprehensive income
Noncontrolling interest in subsidiary
Common Stock, beginning balance (in shares) at Dec. 31, 2024   134,602,000            
Preferred Stock, beginning balance (in shares) at Dec. 31, 2024     124,000          
Treasury Stock, beginning balance (in shares) at Dec. 31, 2024       2,935,000        
Balance at beginning of period at Dec. 31, 2024 $ 1,578,118 $ 13 $ 1 $ (25,548) $ 2,156,604 $ (562,178) $ 2,253 $ 6,973
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation (in shares)   280,000            
Equity-based compensation 5,296       5,296      
Payments for tax withholdings from vesting of restricted stock units and stock option exercises (1,324)       (1,324)      
Common Stock issued in connection with employee stock purchase plan (in shares)   59,000            
Common Stock issued in connection with employee stock purchase plan 564       564      
Distribution to non-controlling interest (2,046)             (2,046)
Net (loss) income (6,079)         (7,207)   1,128
Change in fair value of interest rate swaps, inclusive of reclassification adjustment, net of tax (675)           (675)  
Common Stock, ending balance (in shares) at Mar. 31, 2025   134,941,000            
Preferred Stock, ending balance (in shares) at Mar. 31, 2025     124,000          
Treasury Stock, ending balance (in shares) at Mar. 31, 2025       2,935,000        
Balance at end of period at Mar. 31, 2025 1,573,854 $ 13 $ 1 $ (25,548) 2,161,140 (569,385) 1,578 6,055
Common Stock, beginning balance (in shares) at Dec. 31, 2024   134,602,000            
Preferred Stock, beginning balance (in shares) at Dec. 31, 2024     124,000          
Treasury Stock, beginning balance (in shares) at Dec. 31, 2024       2,935,000        
Balance at beginning of period at Dec. 31, 2024 1,578,118 $ 13 $ 1 $ (25,548) 2,156,604 (562,178) 2,253 6,973
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income 9,749              
Common Stock, ending balance (in shares) at Jun. 30, 2025   135,216,000            
Preferred Stock, ending balance (in shares) at Jun. 30, 2025     124,000          
Treasury Stock, ending balance (in shares) at Jun. 30, 2025       2,935,000        
Balance at end of period at Jun. 30, 2025 1,594,126 $ 13 $ 1 $ (25,548) 2,166,516 (554,711) 1,173 6,682
Common Stock, beginning balance (in shares) at Mar. 31, 2025   134,941,000            
Preferred Stock, beginning balance (in shares) at Mar. 31, 2025     124,000          
Treasury Stock, beginning balance (in shares) at Mar. 31, 2025       2,935,000        
Balance at beginning of period at Mar. 31, 2025 1,573,854 $ 13 $ 1 $ (25,548) 2,161,140 (569,385) 1,578 6,055
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation (in shares)   275,000            
Equity-based compensation 6,131       6,131      
Payments for tax withholdings from vesting of restricted stock units and stock option exercises (755)       (755)      
Distribution to non-controlling interest (527)             (527)
Net (loss) income 15,828         14,674   1,154
Change in fair value of interest rate swaps, inclusive of reclassification adjustment, net of tax (405)           (405)  
Common Stock, ending balance (in shares) at Jun. 30, 2025   135,216,000            
Preferred Stock, ending balance (in shares) at Jun. 30, 2025     124,000          
Treasury Stock, ending balance (in shares) at Jun. 30, 2025       2,935,000        
Balance at end of period at Jun. 30, 2025 $ 1,594,126 $ 13 $ 1 $ (25,548) 2,166,516 (554,711) 1,173 6,682
Common Stock, beginning balance (in shares) at Dec. 31, 2025 135,450,364 135,450,000            
Preferred Stock, beginning balance (in shares) at Dec. 31, 2025 124,060   124,000          
Treasury Stock, beginning balance (in shares) at Dec. 31, 2025 2,935,035     2,935,000        
Balance at beginning of period at Dec. 31, 2025 $ 1,526,324 $ 13 $ 1 $ (25,548) 2,176,990 (632,972) 78 7,762
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation (in shares)   485,000            
Equity-based compensation 6,533 $ 1     6,532      
Exercise of stock options (in shares)   31,000            
Payments for tax withholdings from vesting of restricted stock units and stock option exercises (2,367)       (2,367)      
Common Stock issued in connection with employee stock purchase plan (in shares)   47,000            
Common Stock issued in connection with employee stock purchase plan 464       464      
Distribution to non-controlling interest (1,522)             (1,522)
Net (loss) income (14,873)         (16,040)   1,167
Change in fair value of interest rate swaps, inclusive of reclassification adjustment, net of tax (78)           (78)  
Common Stock, ending balance (in shares) at Mar. 31, 2026   136,013,000            
Preferred Stock, ending balance (in shares) at Mar. 31, 2026     124,000          
Treasury Stock, ending balance (in shares) at Mar. 31, 2026       2,935,000        
Balance at end of period at Mar. 31, 2026 $ 1,514,481 $ 14 $ 1 $ (25,548) 2,181,619 (649,012) 0 7,407
Common Stock, beginning balance (in shares) at Dec. 31, 2025 135,450,364 135,450,000            
Preferred Stock, beginning balance (in shares) at Dec. 31, 2025 124,060   124,000          
Treasury Stock, beginning balance (in shares) at Dec. 31, 2025 2,935,035     2,935,000        
Balance at beginning of period at Dec. 31, 2025 $ 1,526,324 $ 13 $ 1 $ (25,548) 2,176,990 (632,972) 78 7,762
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Exercise of stock options (in shares) 179,000              
Net (loss) income $ (147,592)              
Common Stock, ending balance (in shares) at Jun. 30, 2026 136,305,075 136,305,000            
Preferred Stock, ending balance (in shares) at Jun. 30, 2026 124,060   124,000          
Treasury Stock, ending balance (in shares) at Jun. 30, 2026 2,935,035     2,935,000        
Balance at end of period at Jun. 30, 2026 $ 1,386,256 $ 14 $ 1 $ (25,548) 2,186,940 (782,941) 0 7,790
Common Stock, beginning balance (in shares) at Mar. 31, 2026   136,013,000            
Preferred Stock, beginning balance (in shares) at Mar. 31, 2026     124,000          
Treasury Stock, beginning balance (in shares) at Mar. 31, 2026       2,935,000        
Balance at beginning of period at Mar. 31, 2026 1,514,481 $ 14 $ 1 $ (25,548) 2,181,619 (649,012) 0 7,407
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation (in shares)   216,000            
Equity-based compensation 5,557       5,557      
Exercise of stock options (in shares)   35,000            
Payments for tax withholdings from vesting of restricted stock units and stock option exercises (723)       (723)      
Common Stock issued in connection with employee stock purchase plan (in shares)   41,000            
Common Stock issued in connection with employee stock purchase plan 487       487      
Distribution to non-controlling interest (827)             (827)
Net (loss) income $ (132,719)         (133,929)   1,210
Common Stock, ending balance (in shares) at Jun. 30, 2026 136,305,075 136,305,000            
Preferred Stock, ending balance (in shares) at Jun. 30, 2026 124,060   124,000          
Treasury Stock, ending balance (in shares) at Jun. 30, 2026 2,935,035     2,935,000        
Balance at end of period at Jun. 30, 2026 $ 1,386,256 $ 14 $ 1 $ (25,548) $ 2,186,940 $ (782,941) $ 0 $ 7,790