v3.25.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Accounts and notes receivable, net of allowance for doubtful accounts of $3,271 as of December 31, 2025 and $7,114 as of December 31, 2024 $ 73,235 $ 93,576
Inventories 224,692 231,241
Prepaid expenses and other current assets 48,180 55,732
Total current assets 484,534 636,797
Property, plant and equipment 986,946 910,247
Less: accumulated depreciation 497,016 427,548
Net property, plant and equipment [1] 489,930 482,699
Deferred income taxes 9,318 53,139
Other assets 45,007 51,639
Total assets 1,028,789 1,224,274
Current liabilities:    
Accounts payable 67,017 72,833
Accrued income and other taxes 8,047 9,642
Other accrued liabilities 53,127 55,432
Tax Receivable Agreement 0 2,022
Total current liabilities 128,191 139,929
Long-term debt 1,094,706 1,086,915
Other long-term obligations 40,388 48,559
Deferred income taxes 25,132 23,971
Tax Receivable Agreement long-term 0 3,802
Commitments and contingencies – Note 12
Stockholders’ deficit:    
Preferred stock, par value $0.01, 30,000,000 shares authorized, none issued(1) 0 0
Common stock, par value $0.01, 300,000,000 shares authorized, 25,820,110 and 25,726,420 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively(1) 2,582 2,572
Additional paid-in capital 759,710 755,338
Accumulated other comprehensive loss (8,972) (43,359)
Accumulated deficit (1,012,948) (793,453)
Total stockholders’ deficit (259,628) (78,902)
Total liabilities and stockholders’ deficit 1,028,789 1,224,274
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 138,427 $ 256,248
[1] Long-lived assets represent fixed assets, net of accumulated depreciation.