Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

Income (loss) from continuing operations before income tax expense (benefit) are attributed to the following regions for the years ended December 31, 2025, 2024 and 2023 (in thousands):

	Year Ended December 31,
	2025		2024		2023
Domestic	$	(15,154)	$	136,019	$	(723,784)
Foreign	—		—		—
Total income (loss) before taxes	$	(15,154)	$	136,019	$	(723,784)

Schedule of current and deferred income tax expense (benefit)

The current and deferred income tax expense (benefit) for the years ended December 31, 2025, 2024 and 2023 is as follows (in thousands):

	Year Ended December 31,
	2025		2024		2023
Current:
Federal	$	(654)	$	3,792	$	5,689
State	4,375		5,398		7,902
	$	3,721	$	9,190	$	13,591
Deferred:
Federal	$	37,659	$	25,330	$	(42,720)
State	9,504		6,719		(19,875)
	$	47,163	$	32,049	$	(62,595)
Income tax expense (benefit)	$	50,884	$	41,239	$	(49,004)

Schedule of reconciliation of the effective income tax rate

A reconciliation of income tax expense attributable to continuing operations (in thousands) and the effective income tax rate to the applicable statutory federal income tax rate for the year ended December 31, 2025 is as follows:

	Year Ended December 31,
	2025
	Amount		Percent
United States Statutory Tax Rate	$	(3,182)	21.0	%
State and Local Income Taxes, Net of Federal Income Tax Effect (a)	13,127		(86.6)	%
Foreign Tax Effects
Other foreign jurisdictions	—		—	%
Effect of Changes in Tax Laws or Rates Enacted in the Current Period	—		—	%
Effect of Cross-Border Tax Laws	—		—	%
Tax Credits	—		—	%
Changes in Valuation Allowances	—		—	%
Nontaxable or Nondeductible items
Statutory tax rate difference	(2,497)		16.5	%
Share-based payment awards	1,617		(10.7)	%
Goodwill impairment	18,512		(122.2)	%
Interest in Partnership	1,499		(9.9)	%
Gain on divestiture of assets	18,116		(119.6)	%
Other	498		(3.3)	%
Changes in Unrecognized Tax Benefits	—		—	%
Other Adjustments
Other	3,194		(21.0)	%
Total income tax expense and effective tax rate	$	50,884	(335.8)	%

(a) State taxes in New York, Pennsylvania, Illinois, New Jersey, Florida, California, Michigan, and Tennessee comprise the majority (greater than 50 percent) of the tax effect in this category for the year ended December 31, 2025.

A reconciliation of the effective income tax rate with the applicable statutory federal income tax rate for the years ended December 31, 2024 and 2023 is as follows:

	Year Ended December 31,
		2024		2023
Federal statutory rate		21.0	%	21.0	%
State income taxes, net of federal benefit		3.0	%	1.0	%
Equity-based compensation		1.6	%	(0.4)	%
Change in valuation allowance		3.8	%	(0.3)	%
Change in fair value of warrant liability		(0.6)	%	1.0	%
Goodwill impairment		1.4	%	(16.6)	%
Deferred tax only adjustment		(0.8)	%	1.1	%
Deferred tax impact of state effective tax rate changes		—	%	—	%
Other		0.9	%	—	%
Effective income tax rate		30.3	%	6.8	%

Schedule of Cash Flow, Supplemental Disclosures

Income taxes paid (net of refunds) for the year ended December 31, 2025 (in thousands):

	Year Ended December 31,
	2025		2024		2023
Federal	$	17,475
State and local	6,808
Foreign	—
Total cash paid (net of refunds) during the period for income taxes	$	24,283
Cash paid (net of refunds) for income taxes (prior to ASU 2023-09)			$	14,139	$	14,756

Schedule of deferred income tax assets and liabilities

Deferred income tax assets and liabilities are comprised of the following at December 31, 2025 and 2024 (in thousands):

	December 31,
	2025		2024
Deferred income tax assets:
Accounts receivable	$	17,823	$	18,915
Goodwill and intangible assets	232,793		259,976
Inventory	1,943		1,321
Accruals	20,118		14,361
Net operating losses and credits	47,054		14,162
Transaction costs	728		522
Equity-based compensation	2,852		4,220
Excess business interest expense	39,102		64,429
Lease liability	42,025		36,158
Other	333		132
Total deferred income tax assets	404,771		414,196
Valuation allowance	(11,553)		(8,916)
Net deferred income tax assets	$	393,218	$	405,280
Deferred income tax liabilities:
Right-of-use assets	$	(41,454)	$	(34,841)
Contingent consideration	(1,984)		(2,328)
Investment in partnership	(1,268)		(812)
Unrealized gains	(27)		(779)
Equipment and other fixed assets	(80,699)		(52,015)
Total deferred income tax liabilities	(125,432)		(90,775)
Noncurrent net deferred income tax assets	$	267,786	$	314,505

Summary of Valuation Allowance

Activity related to the Company's valuation allowance consisted of the following (in thousands):

	Year Ended December 31,
	2025
Balance, beginning of period	$	(8,916)
Charged (credited) to expense	(2,637)
Balance, end of period	$	(11,553)

Reconciliation of the beginning and ending amount of unrecognized tax benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits for the years ended December 31, 2025, 2024 and 2023 is as follows (in thousands):

Balance, December 31, 2022	$	6,639
Additions for tax positions acquired	—
Reductions due to lapse of statute of limitations	(43)
Balance, December 31, 2023	6,596
Additions for tax positions acquired	12
Reductions due to lapse of statute of limitations	(3,868)
Balance, December 31, 2024	2,740
Additions for tax positions acquired	—
Reductions due to lapse of statute of limitations	—
Balance, December 31, 2025	$	2,740