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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2025
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | A summary of revenues by customer for the three and six months ended June 30, 2025 and 2024 is as follows (in thousands):
|  |  |  | Three months ended June 30, |  | Six months ended June 30,
|  |  |  |  |  |  |  | 2025 |  | 2024 |  | 2025 |  | 2024
Commercial |  |  |  |  |  |  |  | $ | 271,288 |  |  | $ | 191,296 |  |  | $ | 526,241 |  |  | $ | 349,280 |
Government |  |  |  |  |  |  |  | 851 |  |  | 1,532 |  |  | 1,943 |  |  | 5,931 |
Total |  |  |  |  |  |  |  | $ | 272,139 |  |  | $ | 192,828 |  |  | $ | 528,184 |  |  | $ | 355,211 |
A summary of revenues by type for the three and six months ended June 30, 2025 and 2024 is as follows (in thousands):
|  |  |  | Three months ended June 30, |  | Six months ended June 30,
|  |  |  |  |  |  |  | 2025 |  | 2024 (a) |  | 2025 |  | 2024 (a)
Repair |  |  |  |  |  |  |  | $ | 98,536 |  |  | $ | 77,380 |  |  | $ | 194,030 |  |  | $ | 131,740 |
Distribution |  |  |  |  |  |  |  | 173,603 |  |  | 115,448 |  |  | 334,154 |  |  | 223,471 |
Total |  |  |  |  |  |  |  | $ | 272,139 |  |  | $ | 192,828 |  |  | $ | 528,184 |  |  | $ | 355,211 |
(a) Certain revenue amounts in the prior year have been reclassified to conform to current presentation of revenue type categories.
Contract balances were as follows (in thousands):
|  |  |  | June 30, |  | December 31,
|  | Financial Statement Classification |  | 2025 |  | 2024
Billed and billable receivables |  | Receivables, net |  | $ | 183,208 |  |  | $ | 158,104 |
Contract assets - unbilled receivables |  | Contract assets |  | $ | 34,043 |  |  | $ | 29,960 |
Contract liabilities |  | Accrued expenses and other current liabilities |  | $ | 2,825 |  |  | $ | 4,479 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- References No definition available. + Details
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