Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2023

Discontinued Operations [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 and 2022:

(in thousands)	December 31, 2023		December 31, 2022
Accounts receivable – net	$	20,703	$	17,320
Other current assets		987		1,812
Total current assets		21,690		19,132
Goodwill		736		736
Other noncurrent assets		2,049		1,574
Total noncurrent assets		2,785		2,310
Total assets of discontinued operations	$	24,475	$	21,442
Accounts payable		4,209		2,311
Accrued salaries and benefits		5,013		4,580
Accrued expenses		6,910		4,284
Other current liabilities		246		—
Total current liabilities		16,378		11,175
Noncurrent liabilities		1,710		1,777
Total liabilities of discontinued operations	$	18,088	$	12,952

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

	Year Ended December 31,
(in thousands)	2023			2022			2021
Contract revenue	$	139,109		$	93,448		$	72,525
Contract cost of sales		(126,745	)		(82,372	)		(62,570	)
Operating income from discontinued operations		12,364			11,076			9,955
General and administrative expense		(353	)		(49	)		(36	)
Other expense, net		(4	)		(156	)		(233	)
Income from discontinued operations before provision for income taxes		12,007			10,871			9,686
Provision for income taxes		(140	)		(118	)		(85	)
Net income from discontinued operations	$	11,867		$	10,753		$	9,601

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

	Year Ended December 31,
(in thousands)	2023		2022		2021
Depreciation and amortization	$	467	$	452	$	380
Capital expenditures		499		226		711
Stock-based compensation		136		165		340