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EQUITY PLANS (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of RSU and PSU Activity The following summary presents information of equity-classified RSU and PSU activity for the period from February 8, 2025
to December 31, 2025 (Successor) and period from January 1, 2025 to February 7, 2025 (Predecessor):
 
Restricted
Stock
Units
Performance
Stock Units
Weighted
Average
Grant Date
Fair Value
Outstanding at December 31, 2024 (Predecessor)
981,340
326,155
$15.85
Granted
Vested
(11,148)
22.10
Forfeited
(7,811)
14.45
Outstanding at February 7, 2025 (Predecessor)
962,381
326,155
$15.80
Outstanding at February 8, 2025 (Successor)
962,381
326,155
$15.80
Granted
1,407,245
443,383
14.66
Vested
(1,555,300)
(363,960)
16.54
Forfeited
(90,309)
(100,054)
15.24
Outstanding at December 31, 2025 (Successor)
724,017
305,524
$12.49
Share-Based Payment Arrangement, Option, Activity The following summary
presents information of stock options activity for the period from February 8, 2025 to December 31, 2025 (Successor):
Stock
Options
Weighted
Average
Grant Date
Fair Value
Outstanding at February 8, 2025 (Successor)
$
Granted
1,567,500
5.32
Outstanding at December 31, 2025 (Successor)
1,567,500
$5.32
Share-Based Payment Arrangement, Option, Exercise Price Range The following table summarizes the Company’s stock options outstanding as of December 31, 2025 (Successor):
Options Outstanding
Exercise Price
Number Outstanding
Weighted Average
Remaining Contractual
Life
Weighted Average Exercise
Price
$18.25
1,567,500
2.0 years
$18.25