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SEGMENT AND RELATED INFORMATION (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Segment Reporting Information, by Segment

Financial information by business segment for each of the three years ended December 31, 2025, 2024 and 2023 is summarized in the following (in thousands):


2025	Australia		Canada		Corporate, other and eliminations		Total
Revenues	$	460,295	$	178,554	$	—	$	638,849
Cost of sales and services	339,457		147,991		313		487,761
Revenues less cost of sales and services	120,838		30,563		(313)		151,088

Selling, general and administrative expenses	32,422		18,061		24,859		75,342
Depreciation and amortization expense	36,891		35,623		104		72,618
Other operating expense (income) (1)	(442)		(1,393)		848		(987)
Operating income (loss)	51,967		(21,728)		(26,124)		4,115

Recon to income (loss) before income taxes
Other income (loss) (2)							(10,571)
Income (loss) before income taxes							$	(6,456)

Capital expenditures	$	14,363	$	5,779	$	48	$	20,190


2024	Australia		Canada		Corporate, other and eliminations		Total
Revenues	$	426,956	$	245,087	$	10,079	$	682,122
Cost of sales and services	315,374		207,135		10,158		532,667
Revenues less cost of sales and services	111,582		37,952		(79)		149,455

Selling, general and administrative expenses	30,255		21,951		21,144		73,350
Depreciation and amortization expense	31,044		36,704		290		68,038
Other operating expense (income) (1)	6,302		(2,482)		2,915		6,735
Operating income (loss)	43,981		(18,221)		(24,428)		1,332

Recon to income (loss) before income taxes
Other income (loss) (2)							(7,269)
Income (loss) before income taxes							$	(5,937)

Capital expenditures	$	15,703	$	10,344	$	91	$	26,138


2023	Australia		Canada		Corporate, other and eliminations		Total
Revenues	$	336,763	$	352,795	$	11,247	$	700,805
Cost of sales and services	243,011		277,067		10,209		530,287
Revenues less cost of sales and services	93,752		75,728		1,038		170,518

Selling, general and administrative expenses	24,146		24,686		23,773		72,605
Depreciation and amortization expense	28,696		46,319		127		75,142
Other operating expense (income) (1)	16		(18,568)		1,836		(16,716)
Operating income (loss)	40,894		23,291		(24,698)		39,487

Recon to income (loss) before income taxes
Other income (loss) (2)							876
Income (loss) before income taxes							$	40,363

Capital expenditures	$	21,632	$	9,216	$	785	$	31,633

(1)Other operating expense (income) for each reportable segment primarily includes other operating income and expenses for the years ended December 31, 2025, 2024 and 2023. In addition, for the years ended December 31, 2024 and 2023, Other operating expense (income) included impairment expense. For the years ended December 31, 2024 and 2023, Other operating expense (income) in Canada includes gain on sale of McClelland Lake Lodge assets, net.

(2)Other income (loss) is primarily related to interest expense, interest income and other income.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

Financial information by geographic segment as of and for each of the three years ended December 31, 2025, 2024 and 2023, is summarized below (in thousands). Other revenues include export sales. Revenues are attributable to countries based on the location of the entity selling the products or performing the services Total assets are attributable to countries based on the physical location of the entity and its operating assets and do not include intercompany balances.


	Canada		Australia		Other		Total
2025
Revenues from unaffiliated customers	$	178,554	$	460,295	$	—	$	638,849
Total assets	187,767		272,900		16,744		477,411

2024
Revenues from unaffiliated customers	$	245,087	$	426,956	$	10,079	$	682,122
Total assets	208,248		185,643		11,181		405,072

2023
Revenues from unaffiliated customers	$	352,795	$	336,763	$	11,247	$	700,805
Total assets	318,998		205,702		23,362		548,062