XML 373 R55.htm IDEA: XBRL DOCUMENT v3.25.1
SEGMENT REPORTING - Schedule of Reconciliation of Revenue to EBITDA (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue, Major Customer [Line Items]    
Revenues $ 181,194 $ 164,288
Cost of operations 141,133 125,534
Interest expense, net (10,935) (11,896)
Depreciation & amortization (2,476) (3,159)
Impairment of long-lived assets (950)  
Benefit plans, net (753) 96
Loss on sales, net (8)  
Settlement and related legal recoveries (costs) (64) 4,087
Advisory fees for settlement costs and liquidity planning (492) (214)
Loss on debt extinguishment 0 (5,071)
Stock compensation (763) (1,350)
Restructuring activities (112) (907)
Acquisition pursuit and related costs (1,356) (84)
Product development (1,205) (1,619)
Foreign exchange 261 (716)
Letter of credit fees (1,200) (2,282)
Other-net 303  
Other-net   (35)
Loss from continuing operations before income tax expense (5,441) (11,888)
Operating Segments    
Revenue, Major Customer [Line Items]    
Revenues 181,194 164,353
Cost of operations 139,050 123,473
General & administrative expense 13,888 12,043
Selling & marketing expense 10,486 11,719
Segment Adjusted EBITDA 17,770 17,118
Operating Segments | B&W Renewable    
Revenue, Major Customer [Line Items]    
Revenues 28,541 27,458
Cost of operations 20,351 19,898
General & administrative expense 3,059 2,466
Selling & marketing expense 2,003 2,452
Segment Adjusted EBITDA 3,128 2,642
Operating Segments | B&W Environmental    
Revenue, Major Customer [Line Items]    
Revenues 14,407 26,708
Cost of operations 10,255 20,879
General & administrative expense 894 2,682
Selling & marketing expense 989 2,120
Segment Adjusted EBITDA 2,269 1,027
Operating Segments | B&W Thermal segment    
Revenue, Major Customer [Line Items]    
Revenues 138,246 110,187
Cost of operations 108,444 82,696
General & administrative expense 9,935 6,895
Selling & marketing expense 7,494 7,147
Segment Adjusted EBITDA 12,373 13,449
Elimination of intersegment revenues    
Revenue, Major Customer [Line Items]    
Revenues 0 (65)
General & administrative expense 4,000 6,700
Segment Adjusted EBITDA $ (3,461) $ (5,856)