v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 438,040 $ 402,808 $ 811,904 $ 736,988
Operating expenses:        
Direct operating expenses [1] 196,178 185,530 376,280 354,059
Selling, general and administrative expenses [1] 69,968 65,711 136,560 129,373
Corporate expenses [1] 36,581 31,123 67,399 50,903
Depreciation and amortization 41,246 43,335 82,769 86,339
Other operating expense (income), net 5,011 (315) 20,357 (6,100)
Operating income 89,056 77,424 128,539 122,414
Interest expense, net (99,027) (96,026) (197,525) (195,387)
Gain on extinguishment of debt 0 28,796 0 28,796
Other income, net 268 663 1,009 912
Income (loss) from continuing operations before income taxes (9,703) 10,857 (67,977) (43,265)
Income tax benefit (expense) attributable to continuing operations (299) (4,526) 8,528 (5,706)
Income (loss) from continuing operations (10,002) 6,331 (59,449) (48,971)
Income from discontinued operations 5,038 4,318 6,491 122,833
Consolidated net income (loss) (4,964) 10,649 (52,958) 73,862
Less: Net income attributable to noncontrolling interests 359 1,129 959 1,833
Net income (loss) attributable to the Company $ (5,323) $ 9,520 $ (53,917) $ 72,029
Net income (loss) attributable to the Company per share of common stock — Basic and Diluted:        
Net income (loss) from continuing operations attributable to the Company per share of common stock - basic (in dollars per share) $ (0.02) $ 0.01 $ (0.12) $ (0.10)
Net income (loss) from continuing operations attributable to the Company per share of common stock - diluted (in dollars per share) (0.02) 0.01 (0.12) (0.10)
Net income from discontinued operations attributable to the Company per share of common stock - basic (in dollars per share) 0.01 0.01 0.01 0.25
Net income from discontinued operations attributable to the Company per share of common stock - diluted (in dollars per share) 0.01 0.01 0.01 0.25
Net income (loss) attributable to the Company per share of common stock — basic (in dollars per share) (0.01) 0.02 (0.11) 0.15
Net income (loss) attributable to the Company per share of common stock — diluted (in dollars per share) $ (0.01) $ 0.02 $ (0.11) $ 0.15
Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration] Income from discontinued operations Income from discontinued operations Income from discontinued operations Income from discontinued operations
[1] Excludes depreciation and amortization.