Quarterly report [Sections 13 or 15(d)]

Discontinued Operations (Tables)

v3.26.1
Discontinued Operations (Tables)
 6 Months Ended
Jun. 30, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The financial results are presented as income (loss) from discontinued operations, net of tax on the unaudited condensed consolidated statements of income (loss). The following table summarizes the results of the Company's discontinued operations:
Three Months Ended June 30, Six Months Ended June 30,
(in thousands) 2026 2025 2026 2025
Net sales $ —  $ 8,188  $ —  $ 34,460 
Cost of sales —  6,714  —  29,770 
Gross profit —  1,474  —  4,690 
Selling, general and administrative expense —  498  —  1,888 
Gain on sale of assets —  (8,994) —  (8,994)
Acquisition costs and other —  1,323  —  3,421 
Income from discontinued operations before income taxes —  8,647  —  8,375 
Income tax benefit —  (86) —  (71)
Net income from discontinued operations $ —  $ 8,733  $ —  $ 8,446