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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The following table presents the aggregate carrying amounts of the classes of assets and liabilities of the Company's discontinued operations:
(in thousands)December 31, 2024December 31, 2023
Carrying amounts of assets included as part of discontinued operations:
Accounts receivable, net — 778 
Prepaid expenses and other current assets46 83 
Current assets classified as discontinued operations46 861 
Total assets classified as discontinued operations$46 $861 
Carrying amounts of current liabilities included as part of discontinued operations:
Accounts payable$16 $107 
Accrued expenses and other current liabilities575 1,366 
Total current liabilities classified as discontinued operations$591 $1,473 
Total liabilities classified as discontinued operations$591 $1,473 
The financial results of the Company's discontinued operations are presented as income from discontinued operations, net of tax on the consolidated statements of income (loss). The following table summarizes the results of the Company's discontinued operations:
(Unaudited)
Three months ended December 31,Year Ended
December 31,
(in thousands)2024202320242023
Net sales$— $7,214 $290 $64,760 
Cost of sales459 8,115 2,524 64,507 
Gross profit(459)(901)(2,234)253 
Selling, general and administrative expense415 1,261 198 7,587 
Acquisition costs and other242 355 366 568 
Gain on sale of assets— (26,348)(1,541)(26,348)
Asset impairments— — 1,115 8,720 
Operating (loss) income of discontinued operations(1,116)23,831 (2,372)9,726 
Loss on classification as held for sale— — — 83 
(Loss) income from discontinued operations before income taxes(1,116)23,831 (2,372)9,643 
Income tax (benefit) provision(5)5,157 2,121 
Net (loss) income from discontinued operations$(1,111)$18,674 $(2,373)$7,522 
assets classified as held for sale as are as follows:
(in thousands)December 31, 2024December 31, 2023
Property, plant and equipment, net— 2,374 
Other assets, net— 538 
Assets held for sale$— $2,912