Business Segment (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Information

The Company's segment information is as follows (in thousands):

	Three months ended March 31,
	2025		2024
Revenues	$	256,045	$	162,383
Costs and operating expenses:
Segment costs (a)	210,018		130,933
Depreciation and amortization (b)	9,166		4,933
Allocated corporate cost (c)	5,337		4,207
Unallocated corporate costs	7,020		6,667
Operating income	24,504		15,643
Interest expense, net	7,939		9,190
Provision for income taxes	2,597		911
Loss from discontinued operations, net of tax	(22,941)		(12,153)
Net loss	$	(8,973)	$	(6,611)

(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.

The Company's total assets are as follows (in thousands):

	March 31,		December 31,
	2025		2024
Total assets:
Aviation	$	1,448,556	$	1,409,426
Corporate	24,915		50,384
Assets held-for-sale	259,511		282,820
Total assets	$	1,732,982	$	1,742,630