v3.26.1
Dispositions (Tables)
 6 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Balance sheet positions and financial information included in net income from discontinued operations and statements of cash flows
CE's balance sheet positions as of December 31, 2025 are presented as Assets-held-for sale and Liabilities of assets held-for-sale in the Company's Condensed Consolidated Balance Sheets and are summarized as follows:

(in thousands)December 31,
2025
Cash and cash equivalents$185 
Other receivables3,303 
Inventories8,829 
Prepaid expenses9,475 
Other current assets2,381 
Plant, property and equipment275,565 
Right-of-use assets, net98,055 
Goodwill379,299 
Intangible assets, net256,993 
Other assets3,143 
Total assets (a)
$1,037,228 
Current maturities of long-term debt$11,501 
Accounts payable75,661 
Accrued compensation24,201 
Current portion of operating lease liabilities18,423 
Other current liabilities44,479 
Long-term debt50,237 
Operating lease liabilities81,281 
Environmental liabilities19,151 
Deferred tax liabilities49,856 
Other liabilities13,789 
Total liabilities$388,579 
(a) Excludes Trade accounts receivable, net, since CE's balances were sold to PNC Bank, National Association ("PNC") as part of the AR Facility as of December 31, 2025.
Certain key selected financial information included in net income from discontinued operations for CE is as follows:
Three Months Ended June 30Six Months Ended June 30
(in thousands)2026202520262025
Amounts directly attributable to Clean Earth:
Service revenues$158,964 $246,231 $384,719 $481,086 
Cost of services sold115,986 179,908 284,763 353,499 
Income (loss) from discontinued operations2,426 25,339 18,999 48,465 
Additional amounts allocated to Clean Earth:
Selling, general and administrative expenses$— $2,143 $— $2,143 
Other (income) expense, net (a)
72,992 — 84,017 — 
Interest expense12,719 17,660 30,880 34,440 
Facility fees and debt-related income (expense) (b)
7,199 2,465 9,273 4,661 
(a) The Company has allocated directly attributable transaction costs to Discontinued Operations, including accelerated stock compensation expense and retention payments for CE employees.
(b) Primarily includes fees related to the AR Facility. The 2026 amounts also include the write-off of deferred financing costs of $5.6 million and Credit Facility amendment refinancing fees of $0.2 million.
The following is selected financial information included on the Company's Condensed Consolidated Statements of Cash Flows attributable to CE:

Six Months Ended June 30
(in thousands)
20262025
Cash flows from operating activities (non-cash)
Depreciation$18,659 $19,169 
Amortization9,882 11,771 
Cash flows from investing activities
Purchases of property, plant and equipment(26,765)(18,792)