v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Trust shares, issued (shares) 76,135,000 76,135,000
Current assets:    
Cash and cash equivalents $ 87,443 $ 68,015
Accounts receivable, net 186,327 202,887
Inventories, net 375,763 404,102
Prepaid expenses and other current assets 57,468 78,398
Accounts and Other Receivables, Net, Current 6,275 20,757
Nontrade Receivables, Current 19,200 71,000
Total current assets 732,476 845,159
Property, plant and equipment, net 186,729 209,742
Goodwill 830,902 895,421
Intangible assets, net 817,310 892,811
Nontrade Receivables, Noncurrent 19,800 26,000
Other Assets 165,221 170,051
Total assets 2,752,438 3,039,184
Current liabilities:    
Accounts payable 77,337 96,335
Accrued expenses 154,268 163,265
Debt, Current 43,250 37,500
Other current liabilities 49,408 52,519
Total current liabilities 324,263 349,619
Deferred Income Tax Liabilities, Net 92,804 104,189
Long-term debt 1,538,680 1,839,817
Other non-current liabilities 189,521 171,896
Total liabilities $ 2,145,268 2,465,521
Preferred Stock, Shares Issued 20,109,000  
Stockholders’ equity    
Trust common shares, no par value, 500,000 authorized; 76,135 shares issued and 75,236 shares outstanding at June 30, 2026 and December 31, 2025, respectively. $ 1,288,951 1,288,951
Accumulated other comprehensive income 373 738
Accumulated deficit (1,275,684) (1,306,585)
Total stockholders’ equity attributable to Holdings 472,560 442,024
Noncontrolling interest 134,610 131,639
Total stockholders’ equity 607,170 573,663
Total liabilities and stockholders’ equity $ 2,752,438 $ 3,039,184
Preferred Stock, Shares Outstanding 20,109,000  
Preferred Stock, Shares Authorized 50,000,000 50,000,000
Trust shares, par value (in dollars per share) $ 0 $ 0
Trust shares, authorized (shares) 500,000,000 500,000,000
Trust shares, outstanding (shares) 75,236,000 75,236,000
Treasury Stock, Common, Value $ (18,910) $ (18,910)
Series A Preferred Stock    
Preferred Stock, No Par Value $ 0  
Current liabilities:    
Preferred Stock, Shares Issued 4,678,000  
Preferred Stock, Value, Issued $ 112,010 112,010
Stockholders’ equity    
Preferred Stock, Shares Outstanding 4,678,000  
Series B Preferred Stock [Member]    
Preferred Stock, No Par Value $ 0  
Current liabilities:    
Preferred Stock, Shares Issued 7,524,000  
Preferred Stock, Value, Issued $ 177,771 177,771
Stockholders’ equity    
Preferred Stock, Shares Outstanding 7,524,000  
Series C Preferred Stock [Member]    
Preferred Stock, No Par Value $ 0  
Current liabilities:    
Preferred Stock, Shares Issued 7,907,000  
Preferred Stock, Value, Issued $ 188,049 $ 188,049
Stockholders’ equity    
Preferred Stock, Shares Outstanding 7,907,000