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Discontinued Operations (Tables) | 3 Months Ended
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Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations | The components of (loss) income from discontinued operations, net of tax for the three months ended March 31, 2024 and 2023, consist of the following (in thousands):
|  |  |  | For the three months ended March 31,
|  |  |  |  |  | 2024 |  | 2023
Revenues |  |  |  |  |  | $ | 26,268 |  |  | $ | 66,846 |
Costs and operating expenses |  |  |  |  |  | 34,629 |  |  | 65,689 |
(Loss) income from discontinued operations |  |  |  |  |  | (8,361) |  |  | 1,158 |
Other FDS impairment |  |  |  |  |  | 4,204 |  |  | — |
Loss on the sale of discontinued operations |  |  |  |  |  | 12,663 |  |  | — |
Total (loss) income before income taxes |  |  |  |  |  | (25,228) |  |  | 1,158 |
Provision for income taxes |  |  |  |  |  | (6,517) |  |  | 160 |
(Loss) income from discontinued operations, net of tax |  |  |  |  |  | $ | (18,711) |  |  | $ | 997 |
The assets and liabilities reported as held-for-sale consist of the following (in thousands):
|  |  |  | December 31,
|  |  | 2023
Assets |  |  |
| Cash and cash equivalents |  |  | $ | 162 |
| Receivables, net |  |  | 10,805 |
| Contract assets |  |  | 25,109 |
| Inventories |  |  | 472 |
| Other current assets |  |  | 6,154 |
| Property and equipment, net |  |  | 6,102 |
| Intangible assets, net |  |  | 3,505 |
| Goodwill |  |  | 31,575 |
| Operating lease right-of-use assets |  |  | 9,097 |
| Other assets |  |  | 21 |
| Total assets held-for-sale |  |  | $ | 93,002 |
Liabilities |  |  |
| Accounts payable |  |  | $ | 20,893 |
| Accrued expenses and other current liabilities |  |  | 19,537 |
| Long-term operating lease obligations |  |  | 8,942 |
| Deferred tax liabilities |  |  | 4,019 |
| Total liabilities held-for-sale |  |  | $ | 53,391 |
Selected financial information related to cash flows from discontinued operations is as follows (in thousands):
|  | For the three months ended March 31,
|  | 2024 |  | 2023
Depreciation and amortization |  | $ | 150 |  |  | $ | 794 |
Purchases of property and equipment |  | $ | — |  |  | $ | 25 |

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