v3.26.1
Acquisitions and Divestitures (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Major Classes of Assets and Liabilities of Consolidated Subsidiaries
The following table presents the major classes of assets and liabilities of the consolidated subsidiaries as of December 17, 2025 that were sold and deconsolidated from the Company’s consolidated financial statements:
in thousandsDecember 17, 2025
Assets
Current assets:
Cash and cash equivalents$11,754 
Restricted cash, current1,945 
Other current assets4,645 
Total current assets18,344 
Noncurrent assets:
Property, plant and equipment, net266,081 
Operating ROU assets, net23,412 
Intangible assets, net53,918 
Other noncurrent assets899 
Total noncurrent assets344,310 
Total assets$362,654 
Liabilities
Current liabilities:
Accrued expenses$2,781 
Other current liabilities570 
Total current liabilities3,351 
Noncurrent liabilities:
Operating lease liabilities22,870 
Out-of-market contracts, net19,633 
Other noncurrent liabilities6,915 
Total noncurrent liabilities49,418 
Total liabilities$52,769 
Total net assets$309,885 
Less: NCI transferred$(25,529)
Total net assets and NCI$284,356 
Sale transaction price$206,950 
Less: transaction costs(1,669)
Loss on sale$79,075 
The following table presents the major classes of assets and liabilities related to the consolidated subsidiaries as of June 5, 2025, that were sold and deconsolidated from the Company’s consolidated financials:
in thousandsJune 5, 2025
Assets
Current assets:
Cash and cash equivalents$1,053 
Other current assets1,398 
Total current assets2,451 
Noncurrent assets:
Property, plant and equipment, net39,498 
Intangible assets, net20,213 
Other noncurrent assets3,998 
Total noncurrent assets63,709 
Total assets$66,160 
Liabilities
Current liabilities:
Other current liabilities$938 
Total current liabilities938 
Noncurrent liabilities:
Other noncurrent liabilities5,909 
Total noncurrent liabilities5,909 
Total liabilities$6,847 
Total net assets$59,313 
Sale transaction price46,131 
Less: transaction costs
(769)
Loss on sale$13,951