v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Trust shares, issued (shares) 76,135,000 76,135,000
Current assets:    
Cash and cash equivalents $ 127,167 $ 68,015
Accounts receivable, net 195,889 202,887
Inventories, net 370,228 404,102
Prepaid expenses and other current assets 65,723 78,398
Accounts and Other Receivables, Net, Current 1,300 20,757
Nontrade Receivables, Current 0 71,000
Total current assets 760,307 845,159
Property, plant and equipment, net 182,625 209,742
Goodwill 830,902 895,421
Intangible assets, net 795,144 892,811
Nontrade Receivables, Noncurrent 9,500 26,000
Other Assets 171,072 170,051
Total assets 2,749,550 3,039,184
Current liabilities:    
Accounts payable 71,819 96,335
Accrued expenses 174,084 163,265
Debt, Current 75,000 37,500
Other current liabilities 47,118 52,519
Total current liabilities 368,021 349,619
Deferred Income Tax Liabilities, Net 91,970 104,189
Long-term debt 1,486,272 1,839,817
Other non-current liabilities 177,640 171,896
Total liabilities $ 2,123,903 2,465,521
Preferred Stock, Shares Issued 20,109,000  
Stockholders’ equity    
Trust common shares, no par value, 500,000 authorized; 76,135 shares issued and 75,236 shares outstanding at September 30, 2026 and December 31, 2025, respectively. $ 1,288,951 1,288,951
Accumulated other comprehensive income (loss) (438) 738
Accumulated deficit (1,263,854) (1,306,585)
Total stockholders’ equity attributable to Holdings 483,579 442,024
Noncontrolling interest 142,068 131,639
Total stockholders’ equity 625,647 573,663
Total liabilities and stockholders’ equity $ 2,749,550 $ 3,039,184
Preferred Stock, Shares Outstanding 20,109,000  
Preferred Stock, Shares Authorized 50,000,000 50,000,000
Trust shares, par value (in dollars per share) $ 0 $ 0
Trust shares, authorized (shares) 500,000,000 500,000,000
Trust shares, outstanding (shares) 75,236,000 75,236,000
Treasury Stock, Common, Value $ (18,910) $ (18,910)
Series A Preferred Stock    
Preferred Stock, No Par Value $ 0  
Current liabilities:    
Preferred Stock, Shares Issued 4,678,000  
Preferred Stock, Value, Issued $ 112,010 112,010
Stockholders’ equity    
Preferred Stock, Shares Outstanding 4,678,000  
Series B Preferred Stock [Member]    
Preferred Stock, No Par Value $ 0  
Current liabilities:    
Preferred Stock, Shares Issued 7,524,000  
Preferred Stock, Value, Issued $ 177,771 177,771
Stockholders’ equity    
Preferred Stock, Shares Outstanding 7,524,000  
Series C Preferred Stock [Member]    
Preferred Stock, No Par Value $ 0  
Current liabilities:    
Preferred Stock, Shares Issued 7,907,000  
Preferred Stock, Value, Issued $ 188,049 $ 188,049
Stockholders’ equity    
Preferred Stock, Shares Outstanding 7,907,000