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Consolidated Balance Sheets - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 59,727 $ 446,684
Accounts receivable, net 444,386 308,183
Inventories, net 962,408 723,194
Prepaid expenses and other current assets 101,129 88,844
Total current assets 1,567,650 1,603,820
Property, plant and equipment, net 244,746 191,283
Goodwill 982,253 859,907
Intangible assets, net 1,049,186 879,078
Total assets 4,052,422 3,816,981
Current liabilities:    
Accounts payable 104,304 91,089
Accrued expenses 197,829 151,443
Other current liabilities 49,617 34,812
Total current liabilities 384,786 312,355
Deferred income taxes 119,948 118,882
Long-term debt 1,759,290 1,661,879
Other non-current liabilities 225,334 203,207
Total liabilities $ 2,489,358 $ 2,297,600
Class of Stock [Line Items]    
Document Period End Date Dec. 31, 2024  
Preferred Stock, Shares Outstanding 17,497,000 12,600,000
Preferred Stock, Shares Issued 17,497,000 12,600,000
Trust shares, par value (in dollars per share) $ 0  
Trust shares, issued (in shares) 76,135,000 75,753,000
Trust shares, authorized (in shares) 500,000,000  
Treasury Stock, Common, Value $ (18,910) $ (9,339)
Trust shares, outstanding (in shares) 75,236,000 75,270,000
Prepaid expenses and other current assets $ 101,129 $ 88,844
Current assets of discontinued operations 0 36,915
Deferred Revenue 8,284 7,350
Due to related parties 18,036 16,025
Debt, Current 15,000 10,000
Other Assets 208,587 195,010
Disposal Group, Including Discontinued Operation, Assets, Noncurrent, Total 0 87,883
Current liabilities of discontinued operations 0 8,986
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent 0 1,277
Noncontrolling interest 266,271 175,875
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations 0 16,756
Stockholders' Equity Attributable to Parent $ 1,296,793 1,326,750
Preferred Stock, Shares Authorized 50,000,000  
Trust common shares, no par value, 500,000 authorized; 76,135 shares issued and 75,236 shares outstanding at December 31, 2024 and 75,753 shares issued and 75,270 outstanding at December 31, 2023 $ 1,289,010 1,281,303
Accumulated other comprehensive income (loss) (5,815) 111
Accumulated deficit (386,324) (249,243)
Total stockholders’ equity attributable to Holdings 1,296,793 1,326,750
Noncontrolling interest 266,271 175,875
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations 0 16,756
Total stockholders’ equity 1,563,064 1,519,381
Total liabilities and stockholders’ equity $ 4,052,422 $ 3,816,981
Series A Preferred Stock [Member]    
Class of Stock [Line Items]    
Preferred Stock, Shares Outstanding 4,551,000 4,000,000
Preferred Stock, No Par Value $ 0  
Preferred Stock, Shares Issued 4,551,000 4,000,000
Preferred Stock, Value, Issued $ 109,159 $ 96,417
Preferred Stock, Value, Issued $ 109,159 $ 96,417
Series B Preferred Stock [Member]    
Class of Stock [Line Items]    
Preferred Stock, Shares Outstanding 6,192,000 4,000,000
Preferred Stock, No Par Value $ 0  
Preferred Stock, Shares Issued 6,192,000 4,000,000
Preferred Stock, Value, Issued $ 147,906 $ 96,504
Preferred Stock, Value, Issued $ 147,906 $ 96,504
Series C Preferred Stock [Member]    
Class of Stock [Line Items]    
Preferred Stock, Shares Outstanding 6,754,000 4,600,000
Preferred Stock, No Par Value $ 0  
Preferred Stock, Shares Issued 6,754,000 4,600,000
Preferred Stock, Value, Issued $ 161,767 $ 110,997
Preferred Stock, Value, Issued $ 161,767 $ 110,997