XML 42 R31.htm IDEA: XBRL DOCUMENT v3.25.3

ACQUISITION (Tables)

9 Months Ended

Sep. 30, 2025

ACQUISITION

Schedule of assets acquired and liabilities assumed measured at their fair values as of the acquisition date

​

​	​	​	​	​
​		Amount
Cash and cash equivalents	​	$	3,000	​
Accounts receivable	​		66,268	​
Inventories	​		7,544	​
Prepaid expenses	​		302	​
Property, plant and equipment, net	​		49,310	​
Operating lease right-of-use assets	​		541	​
Finance lease right-of-use assets	​		1,134	​
Other intangibles, net	​		97,300	​
Other assets	​		6	​
Total assets	​	​	225,405	​
​	​	​	​	​
Accounts payable	​	​	(46,288)	​
Accrued payroll and related expenses	​		(4,911)	​
Accrued state, local and other taxes	​		(1,498)	​
Current portion of notes payable	​	​	(4,375)	​
Current portion of operating lease liabilities	​		(514)	​
Accrued expenses and other liabilities	​	​	(8,673)	​
Long-term finance lease liabilities	​		(1,159)	​
Total liabilities	​		(67,418)	​
Net assets acquired	​	​	157,987	​
Preliminary purchase price allocation	​	​	181,420	​
Goodwill recorded	​	$	23,433	​

Schedule of preliminary fair values assigned to identifiable intangible asset

​

​	​	​	​	​	​
​	​	Preliminary Fair Value	​	​	Estimated Useful Life
(in thousands)	​	​	​	​	​
Customer relationships	$	87,200	​	​	10
Trade names and trademarks	​	10,100	​	​	10
Intangible assets acquired	$	97,300	​	​	​

Schedule of pro forma financial information

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended

​

Nine months ended

​

​

September 30,

​

September 30,

​

​

2025

2024

2025

2024

(in thousands)

​

​

​

​

​

​

​

​

​

​

​

​

Revenues

​

$

447,103

​

$

442,422

​

$

1,308,541

​

$

1,387,295

Net income

​

​

12,963

​

​

27,180

​

​

39,430

​

​

102,855

X

- Definition

Tabular disclosure of pro forma revenue and earnings for business combination or aggregate of series of individually immaterial business combinations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-8

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 805
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 49
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479303/805-10-55-49

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-3

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-SubTopic 10
-Topic 805
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479328/805-10-50-2

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_BusinessCombinationsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of finite-lived intangible asset acquired in business combination.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-1

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of asset acquired and liability assumed in business combination and recognized at acquisition date.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-1

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration