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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total revenues $ 953,085 $ 676,237 $ 1,783,782 $ 1,178,317
Expenses        
Cost of sales 635,782 369,258 1,160,050 617,972
Operating expenses 67,567 34,328 132,554 66,766
General and administrative 2,245 2,442 4,658 5,558
Acquisition and transaction expenses 5,699 4,489 22,060 11,781
Depreciation and amortization 46,986 55,236 99,275 114,798
Total expenses 758,279 465,753 1,418,597 816,875
Other (expense) income        
Interest expense (64,102) (63,965) (125,509) (126,005)
Equity in losses of unconsolidated entities [1] 9,970 (5,003) 7,607 [2] (12,617) [2]
Other income 7,574 27,156 55,156 60,227
Total other income (expense) (44,093) (7,208) (45,113) (32,921)
Income (loss) before income taxes 150,713 203,276 320,072 328,521
Provision for income taxes 25,619 37,878 57,079 60,737
Net income (loss) 125,094 165,398 262,993 267,784
Less: Dividends on preferred shares 3,709 3,709 7,418 9,824
Less: Loss on redemption of preferred shares 3,800 0 3,800 6,327
Net income (loss) attributable to shareholders $ 117,585 $ 161,689 $ 251,775 $ 251,633
Earnings per share:        
Basic (in dollars per share) $ 1.15 $ 1.58 $ 2.45 $ 2.45
Diluted (in dollars per share) $ 1.13 $ 1.57 $ 2.42 $ 2.44
Weighted average shares outstanding:        
Basic (in shares) 102,597,464 102,558,777 102,588,692 102,555,644
Diluted (in shares) 104,044,113 103,147,860 104,039,259 103,144,727
Equity Method Investee        
Other (expense) income        
Gain on sale to the 2025 Partnership $ 2,465 $ 34,604 $ 17,633 $ 45,474
Aerospace products revenue        
Revenues        
Total revenues 692,229 420,686 1,214,814 685,111
MRE Contract revenue        
Revenues        
Total revenues 182,799 69,585 404,029 170,223
Lease income        
Revenues        
Total revenues 27,765 62,439 67,657 130,879
Maintenance revenue        
Revenues        
Total revenues 25,793 73,104 56,392 122,711
Asset sales revenue        
Revenues        
Total revenues 16,925 47,915 27,109 66,854
Other revenue        
Revenues        
Total revenues [3] $ 7,574 $ 2,508 $ 13,781 $ 2,539
[1] Includes the profit elimination of $(6,597) and $(16,597) for the three and six months ended June 30, 2026, respectively (2025 - $(4,935) and $(11,885), respectively), for sales to the 2025 Partnership.
[2] Includes the profit elimination of $(16,597) for the six months ended June 30, 2026 (2025 - $(11,885)) for sales to the 2025 Partnership within the Aerospace Products segment.
[3] Includes servicing fees of $6,988 and $12,849 for the three and six months ended June 30, 2026, respectively (2025 - $2,052 and $2,600, respectively), from the 2025 Partnership.