XML 24 R5.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cost of revenues $ 1,197,873 $ 1,132,014 $ 1,192,073
Gross profit 1,000,360 833,003 728,622
Other income (expense):      
Interest expense, net (106,683) (105,179) (83,482)
Amortization of debt issuance costs (4,018) (4,038) (3,740)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal (24,218) 0 0
Loss on debt extinguishment 0 0 (534)
Other income (expense), net (3,902) 1,779 (2,315)
Income Before Income Taxes 91,310 (22,189) 57,581
Operating expenses:      
Selling, general and administrative expense 587,520 502,013 441,629
Management fees 74,767 67,945 62,104
Amortization expense 99,760 88,396 77,237
Impairment expense 8,182 89,400 0
Operating income 230,131 85,249 147,652
Provision for income taxes 49,012 22,639 41,367
Income (loss) from continuing operations 42,298 (44,828) 16,214
Income from continuing operations before income taxes (6,905) 24,208 25,831
Gain on sale of discontinued operations, net of income tax 11,957 283,025 9,393
Net income 47,350 262,405 51,438
Less: Net income from continuing operations attributable to noncontrolling interest 37,426 16,423 13,793
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest (2,884) (304) 1,258
Net income attributable to Holdings 12,808 246,286 36,387
Amounts attributable to common shares of Holdings:      
Income (loss) from continuing operations 4,872 (61,251) 2,421
Income (loss) from discontinued operations, net of income tax (4,021) 24,512 24,573
Gain on sale of discontinued operations, net of income tax $ 11,957 $ 283,025 $ 9,393
Basic and fully diluted income (loss) per share attributable to Holdings (refer to Note J)      
Continuing operations (in dollars per share) $ (1.25) $ (1.81) $ (0.53)
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share 0.11 4.27 0.43
Weighted average number of shares outstanding - basic and fully diluted $ (1.14) $ 2.46 $ (0.10)
Weighted Average Number of Shares Outstanding, Diluted 75,454,000 72,105,000 70,715,000
Cash distribution declared per share (refer to Note J) $ 1.00 $ 1.00 $ 1.00
Revenue from Contract with Customer, Excluding Assessed Tax $ 2,198,233 $ 1,965,017 $ 1,920,695