v3.26.1
Condensed Consolidated Statements of Operations - 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 $ 606,030 $ 550,785 $ 1,175,585 $ 1,051,537
Costs and expenses:        
Cost of services, exclusive of depreciation and amortization 413,933 389,334 813,019 746,435
General and administrative, exclusive of depreciation and amortization [1] 56,677 52,931 111,957 99,644
Depreciation and amortization 19,899 18,998 39,547 35,617
Total costs and expenses 490,509 461,263 964,523 881,696
Other operating (expense) income (453) 20 (384) 20
Income from operations 115,068 89,542 210,678 169,861
Other income and expense:        
Loss on early retirement of debt 0 0 0 (875)
Interest expense (25,723) (28,193) (51,726) (53,741)
Income before income taxes 89,345 61,349 158,952 115,245
Income tax expense 22,046 15,155 39,361 28,409
Net income 67,299 46,194 119,591 86,836
Less: net income attributable to non-controlling interests 2,000 1,634 3,804 3,365
Net income attributable to the Company $ 65,299 $ 44,560 $ 115,787 $ 83,471
Earnings per common share (Note 11):        
Basic (in dollars per share) $ 0.51 $ 0.35 $ 0.90 $ 0.65
Diluted (in dollars per share) $ 0.51 $ 0.35 $ 0.90 $ 0.65
[1] Includes transition services agreement fees of $1.0 million and $3.5 million for the three months ended June 30, 2026 and 2025, and $2.7 million and $7.2 million for the six months ended June 30, 2026 and 2025, respectively. See Note 12—“Relationship with Select”, for additional information.