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SEGMENT AND RELATED INFORMATION | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
SEGMENT AND RELATED INFORMATION | SEGMENT AND RELATED INFORMATION We report segment information based on the “management” approach. The management approach designates the internal reporting used by management for making decisions and assessing performance as the source of our reportable segments. Our Chief Executive Officer is the chief operation decision maker. We have identified two reportable segments, Australia and Canada, which represent our strategic focus on hospitality services and workforce accommodations. Prior to the fourth quarter of 2024, we presented segment operating income (loss) to include an allocation of corporate overhead expenses. To better align segment operating income (loss) to the profitability measure used by our chief operating decision maker, we have excluded this allocation. Prior periods have been updated to be consistent with the presentation for the three and six months ended June 30, 2025. Financial information by business segment for each of the three and six months ended June 30, 2025 and 2024 is summarized in the following table (in thousands):
Three Months Ended June 30, 2025 | Australia |  | Canada |  | Corporate, other and eliminations |  | Total
Revenues | $ | 112,672 |  |  | $ | 50,022 |  |  | $ | — |  |  | $ | 162,694 |
Cost of sales and services | 82,477 |  |  | 39,037 |  |  | 17 |  |  | 121,531 |
Revenues less cost of sales and services | 30,195 |  |  | 10,985 |  |  | (17) |  |  | 41,163 |
Selling, general and administrative expenses (1) | 6,716 |  |  | 4,128 |  |  | 9,626 |  |  | 20,470 |
Depreciation and amortization expense | 9,050 |  |  | 8,751 |  |  | 26 |  |  | 17,827 |
Other operating expense (income) (2) | (144) |  |  | 21 |  |  | 189 |  |  | 66 |
Operating income (loss) | 14,573 |  |  | (1,915) |  |  | (9,858) |  |  | 2,800 |
Reconciliation to income (loss) before income taxes |  |  |  |  |  |  |
Other loss (3) |  |  |  |  |  |  | (2,505) |
Income before income taxes |  |  |  |  |  |  | $ | 295 |
Capital expenditures | $ | 3,451 |  |  | $ | 1,047 |  |  | $ | — |  |  | $ | 4,498 |
Total assets | $ | 276,623 |  |  | $ | 681,264 |  |  | $ | (449,048) |  |  | $ | 508,839 |
Three Months Ended June 30, 2024 | Australia |  | Canada |  | Corporate, other and eliminations |  | Total |  |  |  |  |  |  |
Revenues | $ | 108,608 |  |  | $ | 79,527 |  |  | $ | 578 |  |  | $ | 188,713 |  |  |  |  |  |  |  |
Cost of sales and services | 81,037 |  |  | 58,849 |  |  | 948 |  |  | 140,834 |  |  |  |  |  |  |  |
Revenues less cost of sales and services | 27,571 |  |  | 20,678 |  |  | (370) |  |  | 47,879 |  |  |  |  |  |  |  |
Selling, general and administrative expenses (1) | 5,956 |  |  | 4,467 |  |  | 7,010 |  |  | 17,433 |  |  |  |  |  |  |  |
Depreciation and amortization expense | 7,695 |  |  | 9,252 |  |  | 112 |  |  | 17,059 |  |  |  |  |  |  |  |
Other operating expense (2) | 64 |  |  | 105 |  |  | 106 |  |  | 275 |  |  |  |  |  |  |  |
Operating income (loss) | 13,856 |  |  | 6,854 |  |  | (7,598) |  |  | 13,112 |  |  |  |  |  |  |  |
Reconciliation to income (loss) before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other loss (3) |  |  |  |  |  |  | (1,839) |  |  |  |  |  |  |  |
Income before income taxes |  |  |  |  |  |  | $ | 11,273 |  |  |  |  |  |  |  |
Capital expenditures | $ | 3,652 |  |  | $ | 1,647 |  |  | $ | 17 |  |  | $ | 5,316 |  |  |  |  |  |  |  |
Total assets | $ | 207,465 |  |  | $ | 737,275 |  |  | $ | (461,506) |  |  | $ | 483,234 |  |  |  |  |  |  |  |
Six Months Ended June 30, 2025 | Australia |  | Canada |  | Corporate, other and eliminations |  | Total
Revenues | $ | 216,318 |  |  | $ | 90,420 |  |  | $ | — |  |  | $ | 306,738 |
Cost of sales and services | 159,197 |  |  | 76,682 |  |  | 267 |  |  | 236,146 |
Revenues less cost of sales and services | 57,121 |  |  | 13,738 |  |  | (267) |  |  | 70,592 |
Selling, general and administrative expenses (1) | 13,124 |  |  | 8,429 |  |  | 17,102 |  |  | 38,655 |
Depreciation and amortization expense | 16,854 |  |  | 17,171 |  |  | 55 |  |  | 34,080 |
Other operating expense (income) (2) | (69) |  |  | 82 |  |  | 560 |  |  | 573 |
Operating income (loss) | 27,212 |  |  | (11,944) |  |  | (17,984) |  |  | (2,716) |
Recon to income (loss) before income taxes |  |  |  |  |  |  |
Other loss(3) |  |  |  |  |  |  | (3,751) |
Loss before income taxes |  |  |  |  |  |  | $ | (6,467) |
Capital expenditures | $ | 5,396 |  |  | $ | 4,373 |  |  | $ | — |  |  | $ | 9,769 |
Total assets | $ | 276,623 |  |  | $ | 681,264 |  |  | $ | (449,048) |  |  | $ | 508,839 |
Six Months Ended June 30, 2024 | Australia |  | Canada |  | Corporate, other and eliminations |  | Total
Revenues | $ | 200,345 |  |  | $ | 146,687 |  |  | $ | 7,801 |  |  | $ | 354,833 |
Cost of sales and services | 147,150 |  |  | 116,106 |  |  | 8,023 |  |  | 271,279 |
Revenues less cost of sales and services | 53,195 |  |  | 30,581 |  |  | (222) |  |  | 83,554 |
Selling, general and administrative expenses (1) | 11,268 |  |  | 9,336 |  |  | 15,469 |  |  | 36,073 |
Depreciation and amortization expense | 14,932 |  |  | 18,648 |  |  | 249 |  |  | 33,829 |
Other operating expense (income) (2) | 5,851 |  |  | (5,962) |  |  | 2,432 |  |  | 2,321 |
Operating income (loss) | 21,144 |  |  | 8,559 |  |  | (18,372) |  |  | 11,331 |
Recon to income (loss) before income taxes |  |  |  |  |  |  |
Other loss (3) |  |  |  |  |  |  | (3,703) |
Income before income taxes |  |  |  |  |  |  | $ | 7,628 |
Capital expenditures | $ | 8,170 |  |  | $ | 2,742 |  |  | $ | 17 |  |  | $ | 10,929 |
Total assets | $ | 207,465 |  |  | $ | 737,275 |  |  | $ | (461,506) |  |  | $ | 483,234 |
(1)Corporate, other and eliminations SG&A expense includes corporate information technology (IT) expenses managed on a worldwide basis that are not allocated to individual segments in Australia and Canada. During the three months ended June 30, 2025 and 2024, we recognized IT expenses at corporate not allocated of $2.0 million and $2.4 million, respectively. During the six months ended June 30, 2025 and 2024, we recognized IT expenses at corporate not allocated of $4.0 million and $4.6 million, respectively. (2)Other operating expense (income) for each reportable segment primarily includes other operating expenses for the three and six months ended June 30, 2025 and 2024. In addition, for the three and six months ended June 30, 2024, other operating expense (income) includes impairment expense in Canada and the U.S. and gain on sale of McClelland Lake Lodge assets, net, in Canada. (3)Other income (loss) is primarily related to interest expense, interest income and other income.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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