Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Sep. 30, 2025
Cash flows from operating activities:      
Net income (loss) $ 43,629 $ (3,472)  
Adjustments to reconcile net income (loss) to net cash flows from operating activities:      
Depreciation and amortization 12,696 22,504  
Stock-based compensation expense 4,407 4,979  
Deferred tax benefit (61) 0  
Gain on sale of assets, net (713) (9,572)  
Gain on divestitures, net (113,209) 0  
Equity and other investment losses (gains) 983 (24)  
Changes in working capital items 1,519 (39,170)  
Decrease in other non-current assets 6,539 6,996  
Decrease in other non-current liabilities (10,111) (8,814)  
Other operating activities, net 2,329 1,564  
Net cash used in operating activities (51,992) (25,009)  
Cash flows from investing activities:      
Capital expenditures (5,257) (9,532)  
Acquisitions, net of cash acquired (524) (2,218)  
Proceeds from sale of assets 3,476 13,249  
Proceeds from divestitures 240,168 0  
Other investing activities, net (420) (63)  
Net cash provided by investing activities 237,443 1,436  
Cash flows from financing activities:      
Proceeds from long-term debt 202,981 250,996  
Payments on long-term debt (374,981) (219,047)  
Purchases of treasury stock (5,163) (4,275)  
Dividends (9,474) (9,237)  
Net cash (used in) provided by financing activities (186,637) 18,437  
Effect of exchange rate changes on cash 110 (2,167)  
Net change in cash and cash equivalents (1,076) (7,303)  
Cash and cash equivalents at beginning of year 32,433 40,816 $ 40,816
Cash and cash equivalents at end of period $ 31,357 $ 33,513 $ 32,433