v3.26.3
Condensed Consolidated Statements of Cash Flows
$ in Thousands
 9 Months Ended
Sep. 30, 2026
USD ($)
Sep. 30, 2025
USD ($)
Cash flows from operating activities:    
Net income (loss) $ 76,308 $ (214,925)
Income (loss) from continuing operations 74,236 (217,251)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation expense 32,557 34,247
Amortization expense 68,182 69,722
Amortization of debt issuance costs 5,805 2,922
Increase (Decrease) Due from Affiliates 57,697 0
Paid-in-Kind Interest 0 22,750
Gain (Loss) on Extinguishment of Debt 1,038 2,827
Impairment expense 20,500 31,515
Noncontrolling stockholder stock based compensation 8,680 12,274
Accounts Receivable, Credit Loss Expense (Reversal) (5,767) 373
Deferred income taxes (4,994) (1,480)
Gain (Loss) on Disposition of Business 178,004 0
Sale and Leaseback Transaction, Gain (Loss), Net (10,234) 0
Other 2,243 814
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (13,257) (21,594)
Inventories 19,116 (30,867)
Other current and non-current assets 5,151 4,962
Accounts payable and accrued expenses 22,219 34,952
Net Cash Provided by (Used in) Operating Activities, Total 105,168 (53,834)
Payments to Acquire Businesses, Net of Cash Acquired 0 495
Cash flows from investing activities:    
Purchases of property and equipment (17,971) (34,176)
Proceeds from sale of business 288,991 2,326
Proceeds from bankruptcy distribution 29,803 0
Other investing activities 9,812 (1,729)
Cash flows from financing activities:    
Proceeds from Issuance of Common Stock 0 59
Borrowings - revolving credit facility 94,000 98,000
Repayments - revolving credit facility (94,000) (202,000)
Proceeds from Issuance of Debt 0 200,000
Repayments of Senior Debt (292,750) 0
Repayments of Other Long-Term Debt (26,250) (15,000)
Subsidiary financing arrangements - borrowings 0 26,982
Repayments From Subsidiary Borrowings 0 (8,360)
Distributions paid - common shares 0 (37,618)
Distributions paid - preferred shares (29,143) (27,863)
Net proceeds provided by noncontrolling shareholders 5,682 1,980
Payments for Repurchase Subsidiary Stock 11,048 7,249
Payments of Debt Issuance Costs (1,650) (1,722)
Other (36) (34)
Net cash provided by (used in) financing activities (355,195) 86,055
Foreign currency impact on cash (1,456) 2,343
Net increase in cash and cash equivalents 59,152 1,480
Cash and cash equivalents — beginning of period 68,015 59,659
Cash and cash equivalents — end of period 127,167 61,139
Net Cash Provided by (Used in) Investing Activities, Total 310,635 (33,084)
Gain (loss) on sale of discontinued operations, net of income tax 2,072 2,326
Proceeds from Issuance of Preferred Stock and Preference Stock 0 58,998
Nontrade Receivables, Noncurrent 9,500  
special beneficial interest    
Cash flows from financing activities:    
Other Significant Noncash Transaction, Value of Consideration Received 9,500 0
Subsidiary financing arrangements    
Cash flows from financing activities:    
Other Significant Noncash Transaction, Value of Consideration Received $ 0 $ 4,534