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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | Income (loss) before income taxes for the United States and non-U.S. jurisdictions for the years ended December 31, 2024, 2023, and 2022 are as follows (in thousands):
| 2024 |  | 2023 |  | 2022
Income (loss) before income taxes: |  |  |  |  |
United States | $ | (946,388) |  |  | $ | 315,897 |  |  | $ | 165,878 |
Non-U.S. | (10,558) |  |  | (8,793) |  |  | 1,984 |
| $ | (956,946) |  |  | $ | 307,104 |  |  | $ | 167,862 |
Schedule of Components of Income Tax Provision | Components of the income tax provision applicable to federal, state and foreign income taxes for the years ended December 31, 2024, 2023 and 2022 are as follows (in thousands):
| 2024 |  | 2023 |  | 2022
Federal income tax expense (benefit): |  |  |  |  |
Current | $ | 417 |  |  | $ | — |  |  | $ | 480 |
Deferred | (1,390) |  |  | 44,369 |  |  | 11,820 |
| (973) |  |  | 44,369 |  |  | 12,300 |
State income tax expense (benefit): |  |  |  |  |
Current | 4,882 |  |  | 7,002 |  |  | 2,647 |
Deferred | (1,412) |  |  | 11,279 |  |  | (4,896) |
| 3,470 |  |  | 18,281 |  |  | (2,249) |
Foreign income tax expense (benefit): |  |  |  |  |
Current | 5,269 |  |  | 1,578 |  |  | 2,750 |
Deferred | 1,687 |  |  | (3,076) |  |  | 403 |
| 6,956 |  |  | (1,498) |  |  | 3,153 |
Total income tax expense (benefit): |  |  |  |  |
Current | 10,568 |  |  | 8,580 |  |  | 5,877 |
Deferred | (1,115) |  |  | 52,572 |  |  | 7,327 |
Total income tax expense | $ | 9,453 |  |  | $ | 61,152 |  |  | $ | 13,204 |
Schedule of Difference Between Statutory Federal Income Tax Rate and Effective Income Tax Rate | The differences between the statutory U.S. federal income tax rate and the effective income tax rate for the years ended December 31, 2024, 2023 and 2022 are summarized as follows:
| 2024 |  | 2023 |  | 2022
Statutory tax rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State income taxes - net of the federal income tax benefit | 0.5 |  | 3.2 |  | 3.0
State deferred tax remeasurement | (0.7) |  | (0.3) |  | 9.4
Goodwill impairment | (19.4) |  | — |  | —
Valuation allowance | (1.3) |  | (9.2) |  | (33.4)
U.S. impact of foreign operations | (0.2) |  | — |  | 1.3
Acquisition related costs | — |  | 1.1 |  | —
Effect of foreign taxes | 0.3 |  | 0.1 |  | 1.6
Non-deductible compensation | (0.7) |  | 1.8 |  | 4.3
Share-based compensation | (0.3) |  | 1.6 |  | (1.9)
Non-deductible expenses | (0.7) |  | 0.7 |  | 1.2
Other differences, net | 0.5 |  | (0.1) |  | 1.4
Effective tax rate | (1.0 | %) |  | 19.9 | % |  | 7.9 | %
Schedule of Tax Effect of Temporary Differences and Tax Attributes Representing Deferred Tax Assets and Liabilities | The tax effect of temporary differences and tax attributes representing deferred tax assets and liabilities at December 31, 2024 and 2023 are as follows (in thousands):
| 2024 |  | 2023
Deferred tax assets: |  |  |
Net operating loss carryforwards | $ | 406,876 |  |  | $ | 498,948 |
Tax credits | 17,254 |  |  | 13,488 |
Expense associated with stock options and restricted stock units | 8,344 |  |  | 10,892 |
Workers’ compensation allowance | 9,437 |  |  | 7,024 |
Other deferred tax asset | 79,132 |  |  | 69,480 |
| 521,043 |  |  | 599,832 |
Less: |  |  |
Allowance to reduce deferred tax asset to expected realizable value | (86,693) |  |  | (75,250) |
Total deferred tax assets | 434,350 |  |  | 524,582 |
Deferred tax liabilities: |  |  |
Property and equipment basis difference | (654,541) |  |  | (729,376) |
Other | (17,906) |  |  | (39,386) |
Total deferred tax liabilities | (672,447) |  |  | (768,762) |
Net deferred tax liability | $ | (238,097) |  |  | $ | (244,180) |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482685/740-10-50-9 + Details
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