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Financial Information of Registrant (Parent Company Only) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Financial Information of Registrant (Parent Company Only) | NOTE 25: FINANCIAL INFORMATION OF REGISTRANT (PARENT COMPANY ONLY) STANDARDAERO, INC. BALANCE SHEETS (Parent Company) (In thousands, except share figures)
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
Assets |  |  |  |  |  |
Investment in subsidiaries |  | $ | 2,373,404 |  |  | $ | 1,146,712 |
Total assets |  | $ | 2,373,404 |  |  | $ | 1,146,712 |
Commitments and contingencies |  |  |  |  |  |
Stockholders' equity |  |  |  |  |  |
Common stock ($0.01 par value, 3,500,000,000 shares authorized; 334,461,630 shares issued and outstanding) |  | $ | 3,345 |  |  | $ | 2,812 |
Preferred stock ($0.01 par value, 100,000,000 shares authorized; no shares were issued) |  |  | — |  |  |  | — |
Additional paid-in capital |  |  | 3,944,802 |  |  |  | 2,725,157 |
Accumulated deficit |  |  | (1,574,743 | ) |  |  | (1,581,257 | )
Total stockholders' equity |  |  | 2,373,404 |  |  |  | 1,146,712 |
Total liabilities and stockholders' equity |  | $ | 2,373,404 |  |  | $ | 1,146,712 |
The accompanying notes are an integral part of the consolidated financial statements. STANDARDAERO, INC. STATEMENTS OF OPERATIONS (Parent Company) (In thousands, except share figures)
|  | Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Equity in net income (loss) of subsidiaries |  | $ | 10,974 |  |  | $ | (35,061 | ) |  | $ | (21,000 | )
Net income (loss) |  |  | 10,974 |  |  |  | (35,061 | ) |  |  | (21,000 | )
Equity in other comprehensive income (loss) of subsidiaries |  |  | (4,460 | ) |  |  | (17,255 | ) |  |  | (2,694 | )
Total Comprehensive income (loss) |  | $ | 6,514 |  |  | $ | (52,316 | ) |  | $ | (23,694 | )
STANDARDAERO, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Parent Company) 1. Business StandardAero, Inc. (formerly Dynasty Parent Co., Inc.) (the “Company” or “Parent Company”) was incorporated on September 5, 2018, in the state of Delaware. 2. Accounting Policies These condensed Parent Company only financial statements have been prepared in accordance with Rule 12-04 of Regulation S-X, as stipulated by Rule 5-04, Section I from Regulation S-X. The ability of the Parent Company’s operating subsidiaries to pay dividends is restricted due to the terms of the Credit Agreement (as defined in Note 12, “Long-term debt,” to the audited consolidated financial statements) and indenture. A statement of cash flows has not been included in these condensed financial statements because there was no cash activity for the Parent Company in the periods presented. Parent Company is a holding company that conducts substantially all of its business operations through its subsidiaries. These condensed Parent Company only financial statements have been prepared using the same accounting principles and policies described in the notes to the consolidated financial statements, with the only exception being that the Parent Company accounts for investments in its subsidiaries using the Parent Company’s proportionate share of the subsidiary as the basis of accounting. These condensed financial statements should be read in conjunction with the consolidated financial statements and related notes thereto. Use of estimates Preparation of the condensed financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying disclosures. Those estimates are inherently subject to change, and actual results may ultimately differ from those estimates.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481231/810-10-45-11 + Details
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