Income Taxes (Tables)

6 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense

The following table displays the Company’s (loss) income from operations before income tax, income tax expense and effective tax rate (in thousands):

	Successor
	Three Months Ended June 30, 2025
(Loss) Income from Continuing Operations Before Income Tax	$	(249,828)
Income Tax (Benefit) Expense	$	(3,997)
Effective Rate	1.60		%

	Successor			Predecessor
	Period from March 13, 2025 through June 30, 2025			Period from January 1, 2025 through March 12, 2025
(Loss) Income from Continuing Operations Before Income Tax	$	(260,867)		$	90,086
Income Tax (Benefit) Expense	$	(4,100)		$	17,870
Effective Rate	1.57		%	19.84		%