v3.26.1
10-Q Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Jul. 02, 2025
Mar. 31, 2025
Dec. 31, 2024
Jan. 17, 2024
Dec. 31, 2023
Dec. 31, 2022
Current assets:                
Cash and cash equivalents $ 93,759 $ 89,213   $ 107,553 $ 93,026   $ 83,219  
Restricted cash 12,370 12,360   14,314 14,200   8,599  
Accounts receivable, net of allowance for credit losses of $2,617 and $2,722, respectively 71,546 76,339     66,031      
Inventory 241,284 225,022     216,937      
Assets held for sale and discontinued operations 3,054 3,681     15,653      
Prepaid expenses and other current assets 33,135 37,379     28,067      
Notes receivable - current 6,368 4,629     451 $ 7,000    
Total current assets 461,516 448,623     434,365      
Deferred tax asset 464 443     401      
Income tax receivable 2,382 2,382     20,041      
Other assets - net of current 17,879 13,396     14,982      
Notes receivable - net of current 806 2,980     2,037      
Property, plant and equipment, net 509,153 520,386     542,604      
Right-of-use assets, finance lease, net 91,646 97,599     105,168      
Right-of-use assets, operating lease, net 112,147 113,274     115,829      
Intangible assets, net 982,061 1,011,115     1,085,397      
Goodwill 633,524 635,117     628,884   626,628  
Total assets 2,811,578 2,845,315     2,949,708      
Current liabilities:                
Accounts payable 76,100 74,725     79,129      
Accrued expenses 102,089 110,493     102,188      
Income tax payable 21,661 18,952     23,414      
Lease liabilities, finance - current 12,709 11,684     10,995      
Lease liabilities, operating - current 20,046 19,837     17,333      
Notes payable - current 40,014 35,730     101,723      
Deferred consideration liability - current 2,171 2,966     33,068      
Financial obligations - current 10,421 7,238     7,208      
Liabilities associated with assets held for sale and discontinued operations 6,839 7,073     8,905      
Other current liabilities 4,292 5,616     652      
Total current liabilities 296,342 294,314     387,925      
Deferred tax liability 204,160 212,002     244,773      
Notes payable - net of current 525,077 512,922     466,897      
Lease liabilities, finance - net of current 137,755 144,446     150,683      
Lease liabilities, operating - net of current 97,513 102,346     106,192      
Uncertain tax position 439,228 531,508     392,188      
Contingent consideration liability - net of current 3,047 3,358     2,837      
Deferred consideration liability - net of current 125 0     2,000      
Financial obligations - net of current 197,743 202,901     201,687      
Other long-term liabilities 1,479 1,237     1,133      
Total liabilities 1,902,469 2,005,034     1,956,315      
Commitments and contingencies          
Temporary equity:                
Redeemable non-controlling interest contingency 87,997 83,931 $ 102,100 149,079 132,179   120,650 $ 121,113
Shareholders' equity:                
Common stock, no par value; unlimited shares authorized; 260,491,464 and 257,491,582 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively. 0 0     0      
Additional paid-in capital 2,348,719 2,345,402     2,237,468      
Accumulated other comprehensive loss (10,162) (1,808)     (20,080)      
Accumulated deficit (1,517,445) (1,587,244)     (1,356,174)      
Total shareholders' equity 821,112 756,350   $ 814,021 861,214   $ 1,050,642 $ 1,279,705
Total liabilities, temporary equity and shareholders' equity $ 2,811,578 $ 2,845,315     $ 2,949,708