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Discontinued Operations (Tables) | 6 Months Ended
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Jun. 30, 2025
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Discontinued Operations | The components of (loss) income from discontinued operations, net of tax for the three and six months ended June 30, 2025 and 2024, consist of the following (in thousands):
|  | For the three months ended June 30, |  | For the six months ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Revenues |  | $ | — |  |  | $ | 73,131 |  |  | $ | 75,358 |  |  | $ | 178,556 |
Costs and operating expenses |  | 36 |  |  | 69,601 |  |  | 71,865 |  |  | 174,853 |
(Loss) income from discontinued operations |  | (36) |  |  | 3,530 |  |  | 3,493 |  |  | 3,703 |
Other impairment |  | — |  |  | — |  |  | 33,708 |  |  | 4,204 |
Loss on the sale of discontinued operations |  | 13,251 |  |  | — |  |  | 13,495 |  |  | 12,663 |
Total (loss) income before income taxes |  | (13,287) |  |  | 3,530 |  |  | (43,710) |  |  | (13,164) |
(Benefit) provision for income taxes |  | (2,846) |  |  | 1,019 |  |  | (10,328) |  |  | (3,522) |
(Loss) income from discontinued operations, net of tax |  | $ | (10,441) |  |  | $ | 2,511 |  |  | $ | (33,382) |  |  | $ | (9,642) |
The assets and liabilities reported as held-for-sale consist of the following (in thousands):
|  | December 31,
| 2024
Assets |
| Cash and cash equivalents | $ | (475) |
| Receivables, net | 39,459 |
| Inventories | 142,259 |
| Prepaid expenses and other current assets | 11,057 |
| Property and equipment, net | 14,546 |
| Intangible assets, net | 124 |
| Goodwill | 63,190 |
| Operating lease right-of-use assets | 10,101 |
| Other assets | 2,559 |
| Total assets held-for-sale | $ | 282,820 |
Liabilities |
| Accounts payable | $ | 42,099 |
| Accrued expenses and other current liabilities | 9,446 |
| Long-term operating lease obligations | 8,645 |
| Deferred tax liabilities | 8,010 |
| Total liabilities held-for-sale | $ | 68,200 |
Selected financial information related to cash flows from discontinued operations is as follows (in thousands):
|  | For the six months ended June 30,
|  | 2025 |  | 2024
Depreciation and amortization |  | $ | 731 |  |  | $ | 1,675 |
Stock-based compensation (a) |  | $ | (225) |  |  | $ | 425 |
Purchases of property and equipment |  | $ | 208 |  |  | $ | 1,738 |
(a) Stock-based compensation benefit was recognized during the six months ended June 30, 2025 due to forfeitures in the period.

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