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Divestitures (Tables)
12 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following reconciliations represent the major classes of line items of the Solar Business presented within discontinued operations in the Consolidated Balance Sheets and Consolidated Statements of Operations and certain information in the Consolidated Statements of Cash Flows for the periods presented.
Balance Sheet Information
There were no material assets of discontinued operations as of December 31, 2025 and December 31, 2024.
(in thousands)December 31, 2025December 31, 2024
Current maturities of long-term debt$— $22 
Accounts payable2,804 6,953 
Accrued expenses and other current liabilities12,513 24,788 
Total current liabilities of discontinued operations
15,317 31,763 
Long-term debt— 32 
Other liabilities14,352 15,857 
Total liabilities of discontinued operations$29,669 $47,652 
Statements of Operations Information
There was no material activity related to discontinued operations within the Statement of Operations for the year ended December 31, 2025.
Years Ended December 31,
(in thousands)20242023
Revenue$21,254 $329,835 
Cost of revenue
65,678 256,784 
Selling, general, and administrative expenses101,366 215,054 
Depreciation and intangible asset amortization1,898 15,496 
Goodwill impairment
— 511,176 
Other (income) and expense items
1,481 2,235 
Income (loss) from discontinued operations before income taxes(149,169)(670,910)
Income tax benefit (expense)39,096 156,000 
Income (loss) from discontinued operations, net of tax$(110,073)$(514,910)
Cash Flow Information
There was no material activity related to discontinued operations within the Statement of Cash Flows for the year ended December 31, 2025.
Years Ended December 31,
(in thousands)20242023
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and intangible asset amortization$1,898 $15,496 
Goodwill, intangible, and other asset impairments$13,770 $515,730 
Cash flows from investing activities:
Purchases of property and equipment$(80)$(4,027)
The following reconciliations represent the major classes of line items of the Commercial Business within the Consolidated Statements of Operations and certain information within the Consolidated Statements of Cash Flows (excluding proceeds from the sale of business discussed above) for the periods presented.
Statements of Operations Information
During the year ended December 31, 2025, activity relating to the Commercial Divestiture was immaterial.
During the year ended December 31, 2024, activity, net of tax, relating to the Commercial Divestiture was approximately $8 million primarily related to the settlement of post-closing adjustments.
Year Ended December 31,
(in thousands)
2023
Revenue$1,035,048 
Cost of revenue
688,433 
Selling, general, and administrative expenses213,514 
Depreciation and intangible asset amortization37,691 
Other income and expense items19,174 
Income (loss) from discontinued operations before gain on sale of business and income taxes
76,236 
Gain on sale of business
629,980 
Income (loss) from discontinued operations before income taxes
706,216 
Income tax benefit (expense)(178,667)
Income (loss) from discontinued operations, net of tax$527,549 
Cash Flow Information
Year Ended December 31,
(in thousands)
2023
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and intangible asset amortization$37,691 
Share-based compensation expense$11,699 
Cash flows from investing activities:
Subscriber system asset expenditures$(8,902)
Purchases of property and equipment$(4,399)