v3.25.4
Business Segment and Customer Information (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Schedule of Segment Information
The Company's segment information is as follows (in thousands):
For the years ended December 31,
202520242023
Revenues$1,112,275 $786,256 $544,020 
Costs and operating expenses:
Segment costs (a)
900,759 641,298 431,412 
Depreciation and amortization (b)
39,160 25,500 16,080 
Allocated corporate cost (c)
24,020 18,071 12,411 
Unallocated corporate costs (d)
58,741 42,631 33,972 
    Total costs and operating expenses
1,022,680 727,500 493,875 
Operating income
89,595 58,756 50,145 
Interest expense, net20,556 34,947 31,085 
Provision for income taxes
15,546 4,407 4,495 
(Loss) income from discontinued operations, net of tax
(41,790)(4,078)24,569 
Net income
$11,703 $15,324 $39,134 
(a) Segment costs consist of material, labor, overhead, and selling, general, and administrative costs attributable to the Aviation segment.
(b) This line item includes only depreciation and amortization attributable to the Aviation segment.
(c) Primarily includes costs for information technology, human resources, accounting, and legal support services allocated to the Aviation segment.
(d) Primarily includes earn-out receivable fair value adjustments and corporate costs for acquisition, integration and restructuring activities.
Schedule of Revenue by Geographic Areas
Revenue by geography is based on the billing address of the customer. Revenue by geographic area is as follows (in thousands):
 For the years ended December 31,
 202520242023
United States$629,665 $492,297 $340,915 
Canada
149,034 107,305 72,448 
Other Countries (a)
333,576 186,654 130,657 
Total revenue$1,112,275 $786,256 $544,020 
(a) No individual country, other than disclosed above, exceeded 10% of the Company's total revenue for any period presented.