| 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 | $ | — | | | $ | 707,815 | | | $ | — | | | $ | 1,421,776 | | | Equipment sales | — | | | 180,027 | | | — | | | 330,117 | | | Total operating revenues | — | | | 887,842 | | | — | | | 1,751,893 | | | | | | | | | | | Operating expenses | | | | | | | | | System operations (excluding Depreciation, amortization and accretion reported below) | — | | | 163,371 | | | 509 | | | 323,165 | | | Cost of equipment sold | — | | | 209,361 | | | — | | | 386,980 | | | Selling, general and administrative | (1,255) | | | 309,223 | | | 263 | | | 612,567 | | | 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 | (32,272) | | | — | | | (31,881) | | | — | | | | | | | | | | | Total operating expenses | (33,527) | | | 834,909 | | | (31,109) | | | 1,627,919 | | | | | | | | | | | Operating income | 33,527 | | | 52,933 | | | 31,109 | | | 123,974 | | | | | | | | | | | Other income (expense) | | | | | | | | | | | | | | | | | Interest expense | (11) | | | (40,475) | | | (324) | | | (76,460) | | | Other, net | — | | | (202) | | | — | | | (209) | | | | | | | | | | | Total other expense | (11) | | | (40,677) | | | (324) | | | (76,669) | | | | | | | | | | | Income before income taxes | 33,516 | | | 12,256 | | | 30,785 | | | 47,305 | | | Income tax expense (benefit) | 8,402 | | | (4,842) | | | 7,708 | | | 16,005 | | | Net income from discontinued operations | $ | 25,114 | | | $ | 17,098 | | | $ | 23,077 | | | $ | 31,300 | |
|