v3.25.4
Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The components of (loss) income from discontinued operations, net of tax consist of the following (in thousands):

For the years ended December 31,
202520242023
Revenues$75,358 $320,145 $568,934 
Costs and operating expenses71,865 305,890 536,740 
Income from discontinued operations
3,493 14,255 32,194 
Other impairment
33,708 4,204 — 
Loss on the sale of discontinued operations13,338 15,199 — 
(Loss) income from discontinued operations before income taxes(43,553)(5,148)32,194 
(Benefit) provision for income taxes
(1,763)(1,070)7,625 
(Loss) income from discontinued operations, net of tax
$(41,790)$(4,078)$24,569 
The assets and liabilities reported as held-for-sale consist of the following (in thousands):
As of December 31,
2024
Assets
Cash and cash equivalents$(475)
Receivables, net39,459 
Inventories142,259 
Prepaid expenses and other current assets
11,057 
Property and equipment, net14,546 
Intangible assets, net124 
Goodwill63,190 
Operating lease right-of-use assets10,101 
Other assets2,559 
    Total assets held-for-sale
$282,820 
Liabilities
Accounts payable$42,099 
Accrued expenses and other current liabilities9,446 
Long-term operating lease obligations8,645 
Deferred tax liabilities8,010 
    Total liabilities held-for-sale
$68,200 

Selected financial information related to cash flows from discontinued operations is as follows (in thousands):

For the years ended December 31,
202520242023
Depreciation and amortization$731 $2,951 $7,314 
Stock-based compensation (a)
$(225)$202 $1,006 
Purchases of property and equipment$208 $2,343 $2,280 
(a) Stock-based compensation benefit was recognized during the year ended December 31, 2025 due to forfeitures in the period.