Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2023

Discontinued Operations and Disposal Groups [Abstract]

Components Of Income (Loss) From Discontinued Operations

The following table summarizes the components of loss from discontinued operations, net of tax (in thousands):

	Successor									Predecessor
	For the Year Ended December 31,						For the Period February 3, 2021 through December 31, 2021			For the Period January 1, 2021 through February 2, 2021
	2023			2022
Revenues	$	-		$	-		$	90,682		$	10,719
Cost of services		-			-			85,191			10,398
Depreciation, depletion, amortization and accretion		-			-			31,502			2,141
General and administrative expenses		590			8,043			8,847			1,119
Other (gains) and losses, net		(1,129	)		(2,249	)		15,807			-
Loss from operations		539			(5,794	)		(50,665	)		(2,939	)
Other income (expense)		-			-			188			2,485
Income (loss) from discontinued operations before tax		539			(5,794	)		(50,477	)		(454	)
Income tax benefit (expense)		(113	)		1,217			10,408			102
Income (loss) from discontinued operations, net of income tax	$	426		$	(4,577	)	$	(40,069	)	$	(352	)

Assets And Liabilities Of Discontinued Operation

The following summarizes the assets and liabilities related to our discontinued operations (in thousands):

	For the Year Ended December 31,
	2023		2022
Assets:
Accounts receivable, net	$	-	$	350
Property, plant and equipment, net		-		11,468
Other assets, net		-		160
Total assets held for sale	$	-	$	11,978
Liabilities:
Accounts payable	$	-	$	86
Accrued expenses		-		3,192
Other liabilities		-		71
Total liabilities held for sale	$	-	$	3,349

Schedule Of Cash Flows From Discontinued Operations

Significant operating non-cash items and cash flows from investing activities for our discontinued operations were as follows (in thousands):

	For the Year Ended December 31,
	2023			2022
Cash flows from discontinued operating activities:
Other gains, net	$	(1,129	)	$	(2,249	)
Cash flows from discontinued investing activities:
Proceeds from sales of assets	$	13,020		$	20,110