Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2024

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Carrying Amount of Net Assets Classified as Held for Sale

The following table presents the major classes of assets and liabilities of discontinued operations for PGSC and RRC as of December 31, 2023:

(in thousands)	December 31, 2023
Accounts receivable – net	$	20,703
Other current assets	987
Total current assets	21,690
Goodwill	736
Other noncurrent assets	2,049
Total noncurrent assets	2,785
Total assets of discontinued operations	$	24,475
Accounts payable	4,209
Accrued salaries and benefits	5,013
Accrued expenses	6,910
Other current liabilities	246
Total current liabilities	16,378
Noncurrent liabilities	1,710
Total liabilities of discontinued operations	$	18,088

The following table presents the major categories of income from discontinued operations:

	Year Ended December 31,
(in thousands)	2024		2023		2022
Contract revenue	$	66,540	$	139,109	$	93,448
Contract cost of sales	(60,218)		(126,745)		(82,372)
Operating income from discontinued operations	6,322		12,364		11,076
General and administrative expense	(693)		(353)		(49)
Other expense, net	—		(4)		(156)
Gain on sale of discontinued operations	81,190		—		—
Income from discontinued operations before provision for income taxes	86,819		12,007		10,871
Provision for income taxes	(1,896)		(140)		(118)
Net income from discontinued operations	$	84,923	$	11,867	$	10,753

The following table presents select non-cash operating and investing activities related to cash flows from discontinued operations:

	Year Ended December 31,
(in thousands)	2024		2023		2022
Depreciation and amortization	$	200	$	467	$	452
Capital expenditures	233		499		226
Stock-based compensation	1,004		136		165