| Discontinued operations |
Net income from discontinued operations in the Consolidated Statement of Operations consists of the following: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (Dollars in thousands) | | | | | | | | | Operating revenues | | | | | | | | | Service | $ | — | | | $ | 707,780 | | | $ | — | | | $ | 1,421,714 | | | Equipment sales | — | | | 180,027 | | | — | | | 330,117 | | | Total operating revenues | — | | | 887,807 | | | — | | | 1,751,831 | | | | | | | | | | | Operating expenses | | | | | | | | | System operations (excluding Depreciation, amortization and accretion reported below) | — | | | 162,546 | | | 509 | | | 321,492 | | | Cost of equipment sold | — | | | 207,793 | | | — | | | 383,580 | | | Selling, general and administrative | (1,255) | | | 312,521 | | | 263 | | | 620,940 | | | Depreciation, amortization and accretion | — | | | 150,272 | | | — | | | 300,806 | | | | | | | | | | | (Gain) loss on asset disposals, net | — | | | 2,682 | | | — | | | 4,401 | | | (Gain) loss on sale of business and other exit costs, net | (31,904) | | | — | | | (31,015) | | | — | | | | | | | | | | | Total operating expenses | (33,159) | | | 835,814 | | | (30,243) | | | 1,631,219 | | | | | | | | | | | Operating income | 33,159 | | | 51,993 | | | 30,243 | | | 120,612 | | | | | | | | | | | Other income (expense) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Interest expense | (11) | | | (40,475) | | | (324) | | | (76,460) | | | Other, net | — | | | (203) | | | — | | | (209) | | | | | | | | | | | Total other expense | (11) | | | (40,678) | | | (324) | | | (76,669) | | | | | | | | | | | Income before income taxes | 33,148 | | | 11,315 | | | 29,919 | | | 43,943 | | | Income tax expense | 8,077 | | | 7,737 | | | 7,236 | | | 24,194 | | | Net income from discontinued operations | $ | 25,071 | | | $ | 3,578 | | | $ | 22,683 | | | $ | 19,749 | |
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