Prepaid Expenses and Other Assets

12 Months Ended

Dec. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses and Other Assets

4. Prepaid Expenses and Other Assets

Prepaid expenses and other current assets consist of the following:

	December 31,
(in thousands)	2024		2023
Inventory and supplies	$	8,061	$	29,731
Prepaid expenses		39,473		44,949
Interest rate collars and caps		—		26,279
Prepaid income taxes		2,120		2,889
Other receivables		11,626		8,187
Consideration receivable from divestitures		22,530		—
Other current assets		3,108		3,886
Total prepaid expenses and other current assets	$	86,918	$	115,921

Inventory is stated at the lower of cost and net realizable value. Costs are determined on the first-in, first-out basis. The Company records write-downs of inventories which are obsolete or in excess of anticipated demand or net realizable value based on a consideration of marketability, historical sales and demand forecasts which consider assumptions about future demand and market conditions.

Other assets consist of the following:

	December 31,
(in thousands)	2024		2023
Operating lease right-of-use assets	$	25,932	$	33,841
Deposits		3,394		3,201
Workers' compensation receivable		3,605		3,941
Consideration receivable from divestitures		25,166		—
Other long-term assets		3,810		2,560
Total other assets	$	61,907	$	43,543