v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income (loss) $ 52,680 $ (127,682)
Income (loss) from continuing operations 51,043 (130,531)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation expense 22,270 23,363
Amortization expense 45,530 46,468
Amortization of debt issuance costs 4,094 2,096
Increase (Decrease) Due from Affiliates 58,000 0
Gain (Loss) on Extinguishment of Debt 0 2,827
Impairment expense 20,500 31,515
Noncontrolling stockholder stock based compensation 5,839 8,201
Accounts Receivable, Credit Loss Expense (Reversal) 446 588
Deferred income taxes (4,125) 3,629
Gain (Loss) on Disposition of Assets (182,342) 0
Sale and Leaseback Transaction, Gain (Loss), Net (10,234) 0
Other 1,725 (1,897)
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (1,844) (12,980)
Inventories 6,951 (34,564)
Other current and non-current assets 22,990 4,400
Accounts payable and accrued expenses 12,774 (7,623)
Net Cash Provided by (Used in) Operating Activities, Total 53,617 (64,508)
Payments to Acquire Businesses, Net of Cash Acquired 0 495
Cash flows from investing activities:    
Purchases of property and equipment (11,343) (23,983)
Proceeds from sale of business 290,191 2,849
Other investing activities 10,279 (1,548)
Cash flows from financing activities:    
Proceeds from Issuance of Common Stock 0 59
Borrowings - revolving credit facility 67,000 73,500
Repayments - revolving credit facility (65,000) (183,500)
Proceeds from Issuance of Debt 0 200,000
Repayments of Senior Debt (292,750) 0
Repayments of Other Long-Term Debt (7,500) (7,500)
Subsidiary financing arrangements - borrowings 0 27,092
Repayments From Subsidiary Borrowings 0 (8,360)
Distributions paid - common shares 0 (37,618)
Distributions paid - preferred shares (19,429) (18,148)
Net proceeds provided by noncontrolling shareholders 5,140 1,710
Payments for Repurchase Subsidiary Stock 9,895 6,468
Payments of Debt Issuance Costs 0 (1,241)
Other (30) (28)
Net cash provided by (used in) financing activities (322,464) 98,378
Foreign currency impact on cash (852) 2,415
Net increase in cash and cash equivalents 19,428 14,098
Cash and cash equivalents — beginning of period 68,015 59,659
Cash and cash equivalents — end of period 87,443 73,757
Other Significant Noncash Transaction, Value of Consideration Received 0 4,534
Net Cash Provided by (Used in) Investing Activities, Total 289,127 (22,187)
Gain on sale of discontinued operations, net of income tax 1,637 2,849
Proceeds from Issuance of Preferred Stock and Preference Stock $ 0 $ 58,998