XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.25.3

Note 17 - Redeemable Noncontrolling Interest | 9 Months Ended
--- | ---
Sep. 30, 2025
Notes to Financial Statements |
Noncontrolling Interest Disclosure [Text Block] | NOTE 17 Redeemable Noncontrolling Interest Redeemable noncontrolling interest represents a 20% noncontrolling ownership in Southside Plumbing, which was acquired on August 14, 2025. Redeemable noncontrolling interest is presented outside of permanent equity in the consolidated balance sheets as it is redeemable by the holder of the noncontrolling interest and the redemption is outside the control of the Company. Shares are redeemable at their fair value on the fifth anniversary of the acquisition of Southside Plumbing. The redeemable noncontrolling interest was initially recorded at fair value at the date of issuance. The Company records the carrying amount of the redeemable noncontrolling interest at the greater of (i) the initial carrying amount, increased or decreased for the noncontrolling interest’s share of net income or loss and its share of other comprehensive income or loss, and dividends or (ii) the redemption value. For interests that are redeemable in the future, the Company recognizes changes in the redemption value immediately as they occur. The redemption amounts have been estimated based on the fair value of the subsidiary, determined using discounted cash flow methods, which represents a level 3 fair value measurement. Changes in the Company's redeemable noncontrolling interest for the nine months ended September 30, 2025 were as follows:
(in thousands) |  | Nine Months Ended September 30, 2025 |
Balance, December 31, 2024 |  | $ | — |
Acquisition of noncontrolling interest in Southside Plumbing |  |  | 925 |
Net loss attributable to redeemable noncontrolling interest |  |  | (34 | )
Accretion to redemption value |  |  | 34 |
Balance, September 30, 2025 |  | $ | 925 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 810 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/810/tableOfContent + Details
Name: | us-gaap_MinorityInterestDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration