v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Outstanding Warrants, Options, and Contingent Shares Certain awards under the Company’s equity incentive plans, as well as penny warrants issued in connection with its strategic business transactions, are expected to result in the issuance of common shares in future periods, with the penny warrants being contingent on their exercise. These incremental shares are summarized below:
Penny Warrants11,619,725
Outstanding awards under Equity Incentive Plans2,897,120
14,516,845
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables reflect the changes in Accumulated other comprehensive income by component:
Successor
(in thousands)Foreign Currency Translation AdjustmentBenefit Plans
Cash Flow Hedges(1)
Net Investment HedgesTotal
Accumulated other comprehensive income (loss) as of December 31, 2025 (Successor)
$126,567 $18 $(16,729)$(40,435)$69,421 
Other comprehensive loss before reclassifications(19,142)— (2,940)— (22,082)
Reclassifications from accumulated other comprehensive income (loss)(2)(3)
— — 7,248 — 7,248 
Tax effect4,195 — (1,078)60 3,177 
Net current period other comprehensive (loss) income(14,947)— 3,230 60 (11,657)
Amount attributable to non-controlling interest4,496 — — — 4,496 
Accumulated other comprehensive income (loss) as of June 30, 2026 (Successor)
$116,116 $18 $(13,499)$(40,375)$62,260 
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(1)    As of June 30, 2026 (Successor), approximately $8.1 million of existing gains and losses are estimated to be reclassified into earnings within the next 12 months.
(2)    Includes $7.5 million reclassification due to de-designation of its interest rate contracts as cash flow hedges. Refer to Note 10 “Derivative Instruments” for further information.

Predecessor
(in thousands)Foreign Currency Translation AdjustmentBenefit PlansCash Flow HedgesNet Investment HedgesTotal
Accumulated other comprehensive (loss) income as of December 31, 2024 (Predecessor)
$(261,745)$1,746 $(8,189)$7,921 $(260,267)
Other comprehensive (loss) income before reclassifications(13,097)— 1,425 3,655 (8,017)
Reclassifications from accumulated other comprehensive (loss) income to earnings— — (105)(98)
Tax effect— — (352)(976)(1,328)
Net current period other comprehensive (loss) income(13,097)— 968 2,686 (9,443)
Amount attributable to non-controlling interest— — — — — 
Accumulated other comprehensive (loss) income as of February 07, 2025 (Predecessor)
$(274,842)$1,746 $(7,221)$10,607 $(269,710)
Successor
(in thousands)Foreign Currency Translation AdjustmentCash Flow HedgesNet Investment HedgesTotal
Accumulated other comprehensive (loss) income as of February 8, 2025 (Successor)
$— $— $— $— 
Other comprehensive income (loss) before reclassifications198,030 (28,414)(72,670)96,946 
Reclassifications from accumulated other comprehensive income (loss) to earnings— 1,383 1,405 2,788 
Tax effect(52,548)7,203 18,990 (26,355)
Net current period other comprehensive income (loss)145,482 (19,828)(52,275)73,379 
Amount attributable to non-controlling interest— — — — 
Accumulated other comprehensive income (loss) as of June 30, 2025 (Successor)
$145,482 $(19,828)$(52,275)$73,379