Income Tax (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Contingency [Line Items]

Schedule of Components of Benefit from Income Taxes

The benefit from income taxes is as follows:

	Year Ended December 31,
(in thousands)	2024			2023			2022
Current tax expense
Federal	$	916		$	24,805		$	15,973
State		2,004			9,784			5,337
Foreign		9,605			13,456			13,941
Total current tax expense		12,525			48,045			35,251
Deferred tax benefit
Federal		(59,986	)		(66,730	)		(130,718	)
State		(14,245	)		(16,230	)		(59,537	)
Foreign		(1,081	)		(2,733	)		(3,438	)
Total deferred tax benefit		(75,312	)		(85,693	)		(193,693	)
Total benefit from income taxes	$	(62,787	)	$	(37,648	)	$	(158,442	)

Schedule of Reconciliation of Company's Effective Income Taxes Rates

A reconciliation of the Company's effective income tax rate as compared to the federal statutory income tax rate is as follows:

	Year Ended December 31,
	2024			2023			2022
Statutory U.S. rate		21.0	%		21.0	%		21.0	%
State income taxes, net of federal tax benefit		2.2	%		4.3	%		2.7	%
Foreign tax, net of federal tax benefit		(0.8	%)		(2.9	%)		(0.2	%)
Deconsolidation of subsidiaries		0.0	%		14.0	%		0.0	%
Goodwill impairment		(6.2	%)		0.0	%		(13.5	%)
Equity-based compensation		0.1	%		(2.3	%)		0.0	%
Work opportunity tax credit		0.6	%		2.5	%		0.2	%
Disallowed executive compensation		(0.6	%)		(1.8	%)		(0.2	%)
Meals and entertainment		(0.5	%)		(2.0	%)		(0.1	%)
Contingent consideration fair value adjustment		0.0	%		(0.4	%)		0.0	%
Fair value adjustment of warrant liability		0.0	%		0.1	%		0.3	%
Other		(1.6	%)		(0.8	%)		(0.2	%)
Effective tax rate		14.2	%		31.7	%		10.0	%

Schedule of Geographic Components of Loss Before Income Taxes

The geographic components of loss before income taxes are as follows:

	Year Ended December 31,
(in thousands)	2024			2023			2022
U.S. sources	$	(452,261	)	$	(217,097	)	$	(1,598,544	)
Non-U.S. sources		11,070			98,238			21,450
Loss from continuing operations before income taxes	$	(441,191	)	$	(118,859	)	$	(1,577,094	)

Schedule of Net Deferred Tax Liabilities

Net deferred tax liabilities consist of the following:

	December 31,
(in thousands)	2024			2023
Deferred tax assets
Accrued liabilities	$	63,915		$	82,600
Interest expense		88,466			71,478
Right-of-use liabilities		9,517			12,748
Net operating losses		2,855			5,471
Acquisition and divestiture related expenses		5,460			6,511
Capitalized research and development costs		2,919			4,849
Contingent consideration		—			1,662
Insurance reserves		2,599			2,204
Acquired intangible assets, including goodwill		1,419			1,302
Other		2,977			6,274
Total deferred tax assets		180,127			195,099
Deferred tax liabilities
Acquired intangible assets, including goodwill		299,981			357,657
Interest rate collars and caps		414			6,799
Right-of-use assets		6,465			8,955
Debt issuance costs		6,359			7,242
Reorganization expenses		—			3,276
Other		7,861			9,561
Total deferred tax liabilities		321,080			393,490
Less: deferred income tax asset valuation allowances		(3,199	)		(3,491	)
Net deferred tax liabilities	$	144,152		$	201,882
	December 31,
(in thousands)	2024			2023
Reported as:
Noncurrent deferred tax asset	$	2,737		$	2,254
Noncurrent deferred tax liabilities		146,889			204,136
Net deferred tax liabilities	$	144,152		$	201,882

Income tax expense from discontinued operations was $41.3 million, $8.6 million and $13.1 million for the fiscal years ended December 31, 2024, 2023 and 2022, respectively. Income tax expense for the fiscal years ended December 31, 2024, 2023 and 2022 was impacted primarily by the sale of the divested entities and changes in the income before income taxes from discontinued operations.

Schedule of Uncertain Tax Positions

	December 31,
(in thousands)	2024			2023			2022
Beginning unrecognized tax benefits	$	2,887		$	560		$	563
Increases for tax positions related to prior years		—			2,350			—
Decreases due to lapsed statutes of limitations		(29	)		(23	)		(3	)
Ending unrecognized tax benefits	$	2,858		$	2,887		$	560