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Business Segments (Tables) | 9 Months Ended
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Sep. 30, 2024
Business Segments |
Schedule of segment reporting information | 2024 ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | HFS - South | ​ | Government | ​ | All Other |  | Total
For the Nine Months Ended September 30, 2024 |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue | ​ | $ | 113,198 | ​ | $ | 180,948 | ​ | $ | 8,438 | (a) | $ | 302,584
Adjusted gross profit | ​ | $ | 38,241 | ​ | $ | 147,556 | ​ | $ | (1,006) | ​ | $ | 184,791
Total Assets | ​ | $ | 179,651 | ​ | $ | 197,386 | ​ | $ | 28,090 | ​ | $ | 405,127
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Three Months Ended September 30, 2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue | ​ | $ | 38,033 | ​ | $ | 53,482 | ​ | $ | 3,676 | (a) | $ | 95,191
Adjusted gross profit | ​ | $ | 12,334 | ​ | $ | 46,280 | ​ | $ | 653 | ​ | $ | 59,267
​ 2023 ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | HFS - South | ​ | Government | ​ | All Other |  | Total
For the Nine Months Ended September 30, 2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue | ​ | $ | 112,452 | ​ | $ | 316,223 | ​ | $ | 8,713 | (a) | $ | 437,388
Adjusted gross profit | ​ | $ | 39,028 | ​ | $ | 266,825 | ​ | $ | (1,526) | ​ | $ | 304,327
Total Assets (as of December 31, 2023) | ​ | $ | 184,453 | ​ | $ | 207,409 | ​ | $ | 30,987 | ​ | $ | 422,849
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the Three Months Ended September 30, 2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Revenue | ​ | $ | 37,527 | ​ | $ | 105,541 | ​ | $ | 2,871 | (a) | $ | 145,939
Adjusted Gross Profit | ​ | $ | 14,078 | ​ | $ | 90,516 | ​ | $ | (185) | ​ | $ | 104,409
(a) | Revenues from segments below the quantitative thresholds are reported in the “All Other” category previously described.
Schedule of reconciliation of total segment adjusted gross profit | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Three Months Ended | ​ | ​ | For the Nine Months Ended
​ | ​ | September 30, 2024 |  | September 30, 2023 | ​ | ​ | September 30, 2024 |  | September 30, 2023
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total reportable segment adjusted gross profit | ​ | $ | 58,614 | ​ | $ | 104,594 | ​ | ​ | $ | 185,797 | ​ | $ | 305,853
Other adjusted gross profit | ​ |  | 653 | ​ |  | (185) | ​ | ​ |  | (1,006) | ​ |  | (1,526)
Depreciation and amortization | ​ |  | (17,959) | ​ |  | (21,491) | ​ | ​ |  | (55,338) | ​ |  | (64,724)
Selling, general, and administrative expenses | ​ |  | (13,319) | ​ |  | (15,273) | ​ | ​ |  | (41,632) | ​ |  | (43,929)
Other income (expense), net | ​ |  | 2 | ​ |  | 71 | ​ | ​ |  | 158 | ​ |  | (1,244)
Loss on extinguishment of debt | ​ | ​ | — | ​ | ​ | — | ​ | ​ | ​ | — | ​ | ​ | (2,128)
Interest expense, net | ​ |  | (3,813) | ​ |  | (4,953) | ​ | ​ |  | (12,673) | ​ |  | (17,726)
Change in fair value of warrant liabilities | ​ | ​ | — | ​ | ​ | (2,576) | ​ | ​ | ​ | 675 | ​ | ​ | 1,809
Consolidated income before income taxes | ​ | $ | 24,178 | ​ | $ | 60,187 | ​ | ​ | $ | 75,981 | ​ | $ | 176,385
Schedule of reconciliation of total segment assets to total consolidated assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, 2024 | ​ | December 31, 2023
Total reportable segment assets | ​ | $ | 377,037 | ​ | $ | 391,862
Other assets | ​ |  | 29,946 | ​ |  | 32,871
Other unallocated amounts | ​ |  | 302,802 | ​ |  | 269,620
Total Assets | ​ | $ | 709,785 | ​ | $ | 694,353
Schedule of unallocated assets consist of the following as reported in the consolidated balance sheets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | September 30, 2024 |  | December 31, 2023
Total current assets | ​ | $ | 231,375 | ​ | $ | 180,500
Other intangible assets, net | ​ |  | 56,179 | ​ |  | 66,282
Operating lease right-of-use assets, net | ​ | ​ | 13,224 | ​ | ​ | 19,698
Deferred financing costs revolver, net | ​ |  | 2,024 | ​ |  | 2,479
Other non-current assets | ​ |  | — | ​ |  | 661
Total other unallocated amounts of assets | ​ | $ | 302,802 | ​ | $ | 269,620
​

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