XML 44 R31.htm IDEA: XBRL DOCUMENT
v3.25.2

Business Segment (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Information | The Company's segment information is as follows (in thousands):
|  | Three months ended June 30, |  | Six months ended June 30,
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Revenues |  | $ | 272,139 |  |  | $ | 192,828 |  |  | $ | 528,184 |  |  | $ | 355,211 |
Costs and operating expenses: |  |  |  |  |  |  |  |
Segment costs (a) |  | 221,397 |  |  | 157,946 |  |  | 431,415 |  |  | 288,878 |
Depreciation and amortization (b) |  | 9,626 |  |  | 6,034 |  |  | 18,792 |  |  | 10,968 |
Allocated corporate cost (c) |  | 6,044 |  |  | 4,380 |  |  | 11,381 |  |  | 8,587 |
Unallocated corporate costs |  | 12,559 |  |  | 21,866 |  |  | 19,579 |  |  | 28,533 |
Operating income |  | 22,513 |  |  | 2,602 |  |  | 47,017 |  |  | 18,245 |
Interest expense, net |  | 6,445 |  |  | 9,826 |  |  | 14,384 |  |  | 19,016 |
Provision (benefit) for income taxes |  | 2,430 |  |  | (1,936) |  |  | 5,027 |  |  | (1,025) |
(Loss) income from discontinued operations, net of tax |  | (10,441) |  |  | 2,511 |  |  | (33,382) |  |  | (9,642) |
Net income (loss) |  | $ | 3,197 |  |  | $ | (2,777) |  |  | $ | (5,776) |  |  | $ | (9,388) |
(a) Segment costs consist of material, labor, overhead, and selling, general, and administrative costs attributable to the Aviation segment.
(b) This line item includes only depreciation and amortization attributable to the Aviation segment.
(c) Primarily includes costs for information technology, human resources, accounting, and legal support services allocated to the Aviation segment.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration