v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues:      
Total revenues $ 1,308,100 $ 1,159,311 $ 850,381
Cost of operations (exclusive of depreciation and amortization shown below):      
Cost of operations 479,925 458,376 350,871
Depreciation and amortization 276,185 260,272 182,869
Long-lived asset impairment 6,344 9,921 0
Selling, general and administrative 144,070 151,680 73,308
Loss (gain) on sale of assets 61,566 29,612 (777)
Total operating expenses 968,090 909,861 606,271
Income from operations 340,010 249,450 244,110
Other income (expenses):      
Interest expense (198,370) (197,144) (222,514)
Loss on extinguishment of debt 0 0 (6,757)
Gain on derivatives 0 24,017 20,266
Other income (expense), net (28,168) (415) 31
Total other expenses, net (226,538) (173,542) (208,974)
Income before income taxes 113,472 75,908 35,136
Income tax expense 31,884 25,574 15,070
Net income 81,588 50,334 20,066
Less: Net income attributable to noncontrolling interests 1,067 439 0
Net income attributable to common shareholders $ 80,521 $ 49,895 $ 20,066
Earnings per share:      
Basic earnings per share (in dollars per share) $ 0.90 $ 0.58 $ 0.29
Diluted earnings per share (in dollars per share) $ 0.89 $ 0.56 $ 0.29
Basic weighted average shares of common stock outstanding (in shares) 87,199 83,094 68,059
Diluted weighted average shares of common stock outstanding (in shares) 88,523 85,170 68,327
Contract Services      
Revenues:      
Total revenues $ 1,181,270 $ 1,034,173 $ 735,605
Cost of operations (exclusive of depreciation and amortization shown below):      
Cost of operations 373,493 355,016 257,092
Other Services      
Revenues:      
Total revenues 126,830 125,138 114,776
Cost of operations (exclusive of depreciation and amortization shown below):      
Cost of operations $ 106,432 $ 103,360 $ 93,779

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