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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2025
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The provision (benefit) for income taxes is composed of the following:
| Year ended December 31,
(in thousands) | 2025 |  | 2024 |  | 2023
Current: |  |  |  |  |
Federal | $ | 532 |  |  | $ | 1,431 |  |  | $ | — |
State | (200) |  |  | (1,665) |  |  | 3,306 |
Foreign | — |  |  | 311 |  |  | 204 |
Total current | 332 |  |  | 77 |  |  | 3,510 |
Deferred: |  |  |  |  |
Federal | (10,448) |  |  | (62,244) |  |  | 36,910 |
State | (61) |  |  | (6,045) |  |  | 1,035 |
Total deferred | (10,509) |  |  | (68,289) |  |  | 37,945 |
Total: |  |  |  |  |
Federal | (9,916) |  |  | (60,813) |  |  | 36,910 |
State | (261) |  |  | (7,710) |  |  | 4,341 |
Foreign | — |  |  | 311 |  |  | 204 |
Total income tax provision (benefit) | $ | (10,177) |  |  | $ | (68,212) |  |  | $ | 41,455 |
Schedule of Cash Flow, Supplemental Disclosures | The table below presents supplemental cash flow information related to leases during the years ended December 31, 2025, 2024 and 2023.
| Year Ended December 31,
(in thousands) | 2025 |  | 2024 |  | 2023
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |
Operating cash flows for operating leases | $ | 24,545 |  |  | $ | 26,679 |  |  | $ | 25,774 |
Operating cash flows for finance leases | 24,572 |  |  | 26,056 |  |  | 27,672 |
Financing cash flows for finance leases | 26,836 |  |  | 25,352 |  |  | 39,044 |
Income Taxes Paid (Refunded)
| Year ended December 31,
(in thousands) | 2025 |  | 2024 |  | 2023
Federal | $ | (15,000) |  |  | $ | 8,700 |  |  | $ | 3 |
State | (264) |  |  | (274) |  |  | 596 |
Foreign | — |  |  | 312 |  |  | 413 |
Total | $ | (15,264) |  |  | $ | 8,738 |  |  | $ | 1,012 |
Schedule of Effective Income Tax Rate Reconciliation | The effective tax rate on income before income taxes differed from the federal statutory income tax rate as follows:
| Year ended December 31,
| 2025 |  | 2024 |  | 2023
(in thousands) | Amount |  | Percent |  | Amount |  | Percent |  | Amount |  | Percent
Pre-tax income | $ | (54,874) |  |  |  |  | $ | (308,450) |  |  |  |  | $ | 159,051 |  |  |
Federal statutory income tax rate | (11,524) |  |  | 21.0 | % |  | (64,774) |  |  | 21.0 | % |  | 33,401 |  |  | 21.0 | %
Domestic federal |  |  |  |  |  |  |  |  |  |  |
Tax credits |  |  |  |  |  |  |  |  |  |  |
Research credits | — |  |  | — | % |  | (459) |  |  | 0.1 | % |  | (1,652) |  |  | (1.0) | %
Other | (117) |  |  | 0.2 | % |  | (501) |  |  | 0.2 | % |  | (90) |  |  | (0.1) | %
Nontaxable and nondeductible items |  |  |  |  |  |  |  |  |  |  |
Executive compensation | 542 |  |  | (1.0) | % |  | 2,707 |  |  | (0.9) | % |  | 3,395 |  |  | 2.1 | %
Share based compensation | 665 |  |  | (1.2) | % |  | 2,500 |  |  | (0.8) | % |  | 1,732 |  |  | 1.1 | %
Other | 633 |  |  | (1.2) | % |  | 569 |  |  | (0.2) | % |  | 666 |  |  | 0.4 | %
Other adjustments | 265 |  |  | (0.5) | % |  | (1,366) |  |  | 0.4 | % |  | 38 |  |  | — | %
Domestic state and local income taxes, net of federal effect(1) | (519) |  |  | 0.9 | % |  | (7,168) |  |  | 2.3 | % |  | 3,503 |  |  | 2.2 | %
Other foreign jurisdictions | — |  |  | — | % |  | 311 |  |  | (0.1) | % |  | 204 |  |  | 0.1 | %
Worldwide changes in unrecognized tax benefits | (122) |  |  | 0.2 | % |  | (31) |  |  | — | % |  | 258 |  |  | 0.2 | %
Total | $ | (10,177) |  |  | 18.5 | % |  | $ | (68,212) |  |  | 22.1 | % |  | $ | 41,455 |  |  | 26.1 | %
(1) In 2025, 2024, and 2023, state and local income taxes in Arizona, California, Indiana, Florida, Tennessee, and New York comprise the majority of the domestic state and local income taxes, net of federal effect category.
Schedule of Deferred Tax Assets and Liabilities | The major components of the Company’s net deferred tax assets and liabilities are as follows:
| As of December 31,
(in thousands) | 2025 |  | 2024
Deferred tax assets: |  |  |
Employee benefits | $ | 57,114 |  |  | $ | 38,277 |
Interest expense | 36,649 |  |  | 24,692 |
Net operating loss | 116,728 |  |  | 6,252 |
Tax credits | 3,546 |  |  | 3,683 |
Other | 39,523 |  |  | 45,543 |
Less: valuation allowance | (1,214) |  |  | (1,214) |
Total deferred tax assets | 252,346 |  |  | 117,233 |
Deferred tax liabilities: |  |  |
Prepaid expenses | 4,408 |  |  | 5,235 |
Depreciation | 518,472 |  |  | 398,022 |
Other | 34,882 |  |  | 29,569 |
Total deferred tax liabilities | 557,762 |  |  | 432,826 |
Net deferred tax liabilities | $ | 305,416 |  |  | $ | 315,593 |

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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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