Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2026	Dec. 31, 2025
Trust shares, issued (shares)	76,135,000	76,135,000
Current assets:
Cash and cash equivalents	$ 60,747	$ 68,015
Accounts receivable, net	190,282	202,887
Inventories, net	375,337	404,102
Prepaid expenses and other current assets	63,835	78,398
Accounts and Other Receivables, Net, Current	11,487	20,757
Nontrade Receivables, Current	71,000	71,000
Asset, Held-for-Sale, Not Part of Disposal Group, Current	131,610	0
Total current assets	904,298	845,159
Property, plant and equipment, net	190,799	209,742
Goodwill	830,902	895,421
Intangible assets, net	839,578	892,811
Nontrade Receivables, Noncurrent	26,000	26,000
Other Assets	172,267	170,051
Total assets	2,963,844	3,039,184
Current liabilities:
Accounts payable	71,836	96,335
Accrued expenses	149,099	163,265
Debt, Current	41,250	37,500
Other current liabilities	48,131	52,519
Disposal Group, Including Discontinued Operation, Liabilities, Current	28,669	0
Total current liabilities	338,985	349,619
Deferred Income Tax Liabilities, Net	98,865	104,189
Long-term debt	1,818,998	1,839,817
Other non-current liabilities	176,600	171,896
Total liabilities	$ 2,433,448	2,465,521
Preferred Stock, Shares Issued	20,109,000
Stockholders’ equity
Trust common shares, no par value, 500,000 authorized; 76,135 shares issued and 75,236 shares outstanding at March 31, 2026 and December 31, 2025, respectively.	$ 1,288,951	1,288,951
Accumulated other comprehensive income (loss)	(108)	738
Accumulated deficit	(1,347,058)	(1,306,585)
Total stockholders’ equity attributable to Holdings	400,705	442,024
Noncontrolling interest	128,396	131,639
Equity, Attributable to Noncontrolling Interest, Held for sale	1,295	0
Total stockholders’ equity	530,396	573,663
Total liabilities and stockholders’ equity	$ 2,963,844	$ 3,039,184
Preferred Stock, Shares Outstanding	20,109,000
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Trust shares, par value (in dollars per share)	$ 0	$ 0
Trust shares, authorized (shares)	500,000,000	500,000,000
Trust shares, outstanding (shares)	75,236,000	75,236,000
Treasury Stock, Common, Value	$ (18,910)	$ (18,910)
Series A Preferred Stock
Preferred Stock, No Par Value	$ 0
Current liabilities:
Preferred Stock, Shares Issued	4,678,000
Preferred Stock, Value, Issued	$ 112,010	112,010
Stockholders’ equity
Preferred Stock, Shares Outstanding	4,678,000
Series B Preferred Stock [Member]
Preferred Stock, No Par Value	$ 0
Current liabilities:
Preferred Stock, Shares Issued	7,524,000
Preferred Stock, Value, Issued	$ 177,771	177,771
Stockholders’ equity
Preferred Stock, Shares Outstanding	7,524,000
Series C Preferred Stock [Member]
Preferred Stock, No Par Value	$ 0
Current liabilities:
Preferred Stock, Shares Issued	7,907,000
Preferred Stock, Value, Issued	$ 188,049	$ 188,049
Stockholders’ equity
Preferred Stock, Shares Outstanding	7,907,000

Compass Diversified Holdings 10-Q