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Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Summary Of Major Classes Of Line Items Constituting Discontinued Operations

The major classes of line items constituting discontinued operations in the accompanying unaudited condensed consolidated statements of income were as follows:

 

 

Three months ended September 30,

 

 

Nine months ended September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(In thousands)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Commissions and fees

 

$

-

 

 

$

12,898

 

 

$

-

 

 

$

30,550

 

Other, net

 

 

-

 

 

 

408

 

 

 

-

 

 

 

2,056

 

Total revenues

 

 

-

 

 

 

13,306

 

 

 

-

 

 

 

32,606

 

Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Contract acquisition costs

 

 

-

 

 

 

16,336

 

 

 

-

 

 

 

45,594

 

Impairment of goodwill and other long-lived assets

 

 

-

 

 

 

-

 

 

 

-

 

 

 

253,607

 

Loss on disposition

 

 

-

 

 

 

95,787

 

 

 

 

 

 

95,787

 

Other operating expenses

 

 

-

 

 

 

16,396

 

 

 

-

 

 

 

31,956

 

Total expenses

 

 

-

 

 

 

128,519

 

 

 

-

 

 

 

426,944

 

Loss before income taxes

 

 

-

 

 

 

(115,213

)

 

 

-

 

 

 

(394,338

)

Income tax benefit

 

 

-

 

 

 

84,849

 

 

 

-

 

 

 

145,333

 

   Loss from discontinued operations, net of income taxes

 

$

-

 

 

$

(30,364

)

 

$

-

 

 

$

(249,005

)
Summary Of Total Operating And Investing Cash Flows Of The Discontinued Operations

Total operating and investing cash flows of the discontinued operations were as follows, which excludes the Company’s use of $23.8 million and $46.5 million of the total income tax benefit recognized on disposal to offset federal income tax payments during the nine months ended September 30, 2025 and 2024, respectively:

 

 

Nine months ended September 30,

 

 

 

2025

 

 

2024

 

 

 

(In thousands)

 

Net cash provided by (used in) operating activities

 

$

-

 

 

$

(1,378

)

Net cash provided by (used in) investing activities

 

$

-

 

 

$

(18,747

)