v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Operating Financial Results

The following tables provide the operating financial results of the Company:

 

 

 

Successor

 

 

 

Predecessor

 

 

 

Three Months Ended June 30, 2026

 

 

Period from February 27 - June 30, 2026

 

 

 

Period from January 1 - February 26, 2026

 

 

Three Months Ended June 30, 2025

 

 

Six Months Ended June 30, 2025

 

 

 

(in millions)

 

 

(in millions)

 

 

 

(in millions)

 

 

(in millions)

 

 

(in millions)

 

Net sales

 

$

33.6

 

 

$

45.7

 

 

 

$

20.3

 

 

$

33.8

 

 

$

66.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales

 

 

18.4

 

 

 

25.8

 

 

 

 

10.9

 

 

 

17.0

 

 

 

34.1

 

Depreciation, amortization and depletion

 

 

10.0

 

 

 

13.3

 

 

 

 

2.7

 

 

 

3.6

 

 

 

7.3

 

Selling expense

 

 

1.0

 

 

 

1.4

 

 

 

 

0.6

 

 

 

1.0

 

 

 

2.0

 

Administrative expense

 

 

4.1

 

 

 

9.1

 

 

 

 

1.0

 

 

 

1.3

 

 

 

2.8

 

Transaction expense

 

 

1.8

 

 

 

22.5

 

 

 

 

0.1

 

 

 

0.2

 

 

 

0.2

 

Interest expense

 

 

4.4

 

 

 

6.2

 

 

 

 

3.0

 

 

 

5.4

 

 

 

10.8

 

Other segment items

 

 

0.2

 

 

 

0.3

 

 

 

 

0.3

 

 

 

0.6

 

 

 

1.3

 

Benefit from income taxes

 

 

—

 

 

 

(41.9

)

 

 

 

—

 

 

 

—

 

 

 

—

 

Net income

 

$

(6.3

)

 

$

9.0

 

 

 

$

1.7

 

 

$

4.7

 

 

$

7.6

 

Capital expenditures - purchases of property, plant and equipment

 

$

(1.6

)

 

$

(2.3

)

 

 

$

(1.3

)

 

$

(1.6

)

 

$

(4.2

)