XML 15 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 301,911 $ 115,116
Accounts receivable, net [1] 239,535 150,823
Inventory, net 752,866 551,156
Assets held for sale 121,848 0
Other current assets [2] 343,225 408,923
Total current assets 1,759,385 1,226,018
Leasing equipment, net 1,849,116 2,373,730
Property, plant, and equipment, net 110,484 107,451
Investments 125,713 19,048
Intangible assets, net 14,449 42,205
Goodwill 75,634 61,070
Other non-current assets 166,294 208,430
Total assets 4,101,075 4,037,952
Current Liabilities    
Accounts payable 83,391 69,119
Accrued liabilities 131,166 96,910
Current maintenance deposits 44,647 62,552
Current security deposits 17,231 18,100
Liabilities held for sale 30,883 0
Other current liabilities 43,622 100,565
Total current liabilities 350,940 347,246
Long-term debt, net 3,444,612 3,440,478
Non-current maintenance deposits 27,772 44,179
Non-current security deposits 14,693 26,830
Other non-current liabilities 98,114 97,851
Total liabilities 3,936,131 3,956,584
Commitments and contingencies
Equity    
Ordinary shares ($0.01 par value per share; 2,000,000,000 shares authorized; 102,560,867 and 102,550,975 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively) 1,026 1,026
Preferred shares ($0.01 par value per share; 200,000,000 shares authorized; 6,800,000 and 11,740,000 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively) 68 117
Additional paid in capital (30,831) 153,328
Retained earnings (accumulated deficit) 194,681 (73,103)
Shareholders' equity 164,944 81,368
Total liabilities and equity $ 4,101,075 $ 4,037,952
[1] Includes accounts receivable from the 2025 Partnership of $93,576 and $0 as of June 30, 2025 and December 31, 2024, respectively.
[2] Includes receivables from the 2025 Partnership of $18,141 and $0 as of June 30, 2025 and December 31, 2024, respectively.