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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities:      
Net income (loss) $ 189,113 $ (20,521) $ (156,835)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 164,277 204,482 202,336
Impairment of long-lived assets 12,628 10,235 10,631
Change in fair value of contingent consideration, net (1,266) 2,261  
Payment of contingent consideration in excess of acquisition date fair value (6,170) (2,351)  
Provision for credit losses 56,227 33,998 23,237
Amortization of deferred debt issuance costs 11,242 12,108 20,916
Share-based compensation 70,099 69,174 3,917
Deferred income taxes, net 14,842 (25,914) (52,632)
Loss on extinguishment of debt   12,726  
Loss on disposition of fixed assets 2,076 101 349
Other (4,356) (2,451) (572)
Change in operating assets and liabilities, net of acquisitions:      
Accounts receivable (131,287) (179,040) (127,246)
Prepaid expenses and other current assets 30,669 7,595 (34,899)
Inventories (177,906) (236,514) 28,660
Trade accounts payable 264,171 303,209 105,649
Accrued expenses 32,003 (144,580) 193,633
Other assets and liabilities (36,193) (20,744) (6,361)
Net cash provided by operating activities 490,169 23,774 210,783
Investing activities:      
Purchases of property and equipment (95,484) (80,913) (73,527)
Acquisitions of businesses, net of cash acquired (204,564) (59,797) (63,058)
Other (5,031) 473 2,152
Net cash used in investing activities (305,079) (140,237) (134,433)
Financing activities:      
Long-term debt borrowings   2,566,000  
Long-term debt repayments (50,275) (3,396,334) (30,441)
Proceeds from issuance of common stock on initial public offering, net   656,485  
Proceeds from issuance of tangible equity units, net   389,000  
(Repayments) borrowings of the Revolving Credit Facility, net (63,300) 12,600 (24,100)
Payment of debt issuance costs   (47,045)  
Repurchase of shares of common stock (43,173) (650) (650)
Proceeds from shares issued under share-based compensation plan 25,281 1,535 598
Payment of taxes related to net share settlement of equity awards (7,554) (1,196)  
Repurchase of stock options     (10,000)
Payment of contingent consideration up to acquisition date fair value (200) (1,805) (1,453)
Purchase of redeemable noncontrolling interest (5,100) (2,316)  
Investment in noncontrolling interests     735
Payment of financing lease obligations (13,545) (11,629) (11,596)
Net cash (used in) provided by financing activities (157,866) 164,645 (76,907)
Net increase (decrease) in cash and cash equivalents 27,224 48,182 (557)
Cash and cash equivalents at beginning of year 61,253 13,071 13,628
Cash and cash equivalents at end of year 88,477 61,253 13,071
Cash and cash equivalents included in assets held for sale at end of year 107 299 641
Cash and cash equivalents included in continuing operations at end of year 88,370 60,954 12,430
Supplemental disclosures of cash flow information:      
Interest, net 183,512 211,387 303,530
Income taxes, net of refunds 26,970 24,953 37,499
Supplemental schedule of non-cash investing and financing activities:      
Notes issued and contingent liabilities assumed in connection with acquisitions   22,302 7,519
Financing lease obligations (Note 13) 20,252 13,095 11,562
Repurchases of common stock in accounts payable     650
Purchases of property and equipment in accounts payable 6,767 12,136 12,981
Acquisition consideration in accounts payable $ 42,203   $ 2,500
Consideration for purchase of redeemable noncontrolling interest in accounts payable   5,100  
Shares issued in connection with acquisitions   $ 31,081