XML 18 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 450,477 $ 56,599
Accounts receivable, net 318,241 297,722
Inventories, net 740,387 680,545
Prepaid expenses and other current assets 94,715 73,200
Total current assets 1,603,820 1,210,185
Property, plant and equipment, net 192,562 184,501
Goodwill 901,428 991,007
Intangible assets, net 923,905 1,015,497
Total assets 3,816,981 3,849,631
Current liabilities:    
Accounts payable 93,412 82,942
Accrued expenses 157,456 184,338
Other current liabilities 35,465 35,286
Total current liabilities 312,358 359,832
Deferred income taxes 120,131 142,627
Long-term debt 1,661,879 1,824,468
Other non-current liabilities 203,232 139,267
Total liabilities $ 2,297,600 $ 2,487,669
Class of Stock [Line Items]    
Document Period End Date Dec. 31, 2023  
Preferred Stock, Shares Outstanding 12,600,000 12,600,000
Preferred Stock, Shares Issued 12,600,000 12,600,000
Trust shares, par value (in dollars per share) $ 0  
Trust shares, issued (in shares) 75,753,000 72,203,000
Trust shares, authorized (in shares) 500,000,000  
Treasury Stock, Common, Value $ (9,339) $ 0
Preferred Stock, Shares Authorized 50,000,000  
Trust shares, outstanding (in shares) 75,270,000 72,203,000
Prepaid expenses and other current assets $ 94,715 $ 73,200
Current assets of discontinued operations 0 102,119
Deferred Revenue 7,350 7,093
Due to related parties 16,025 15,495
Long-term Debt, Current Maturities 10,000 10,000
Other Assets 195,266 162,392
Disposal Group, Including Discontinued Operation, Assets, Noncurrent, Total 0 286,049
Current liabilities of discontinued operations 0 31,771
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent 0 21,475
Noncontrolling interest 192,631 203,464
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations 0 21,578
Trust common shares, no par value, 500,000 authorized; 75,753 shares issued and 75,270 shares outstanding at December 31, 2023 and 72,203 shares issued and outstanding at December 31, 2022 1,281,303 1,207,044
Accumulated other comprehensive income (loss) 111 (1,136)
Accumulated deficit (249,243) (372,906)
Total stockholders’ equity attributable to Holdings 1,326,750 1,136,920
Noncontrolling interest 192,631 203,464
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations 0 21,578
Total stockholders’ equity 1,519,381 1,361,962
Total liabilities and stockholders’ equity $ 3,816,981 $ 3,849,631
Series A Preferred Stock [Member]    
Class of Stock [Line Items]    
Preferred Stock, Shares Outstanding 4,000,000 4,000,000
Preferred Stock, No Par Value $ 0  
Preferred Stock, Shares Issued 4,000,000 4,000,000
Preferred Stock, Value, Issued $ 96,417 $ 96,417
Preferred Stock, Value, Issued $ 96,417 $ 96,417
Series B Preferred Stock [Member]    
Class of Stock [Line Items]    
Preferred Stock, Shares Outstanding 4,000,000 4,000,000
Preferred Stock, No Par Value $ 0  
Preferred Stock, Shares Issued 4,000,000 4,000,000
Preferred Stock, Value, Issued $ 96,504 $ 96,504
Preferred Stock, Value, Issued $ 96,504 $ 96,504
Series C Preferred Stock [Member]    
Class of Stock [Line Items]    
Preferred Stock, Shares Outstanding 4,600,000 4,600,000
Preferred Stock, No Par Value $ 0  
Preferred Stock, Shares Issued 4,600,000 4,600,000
Preferred Stock, Value, Issued $ 110,997 $ 110,997
Preferred Stock, Value, Issued $ 110,997 $ 110,997