Quarterly report [Sections 13 or 15(d)]

Acquisitions - Fair Value of Acquired Assets and Liabilities (Details)

v3.25.2
Acquisitions - Fair Value of Acquired Assets and Liabilities (Details) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 03, 2024
Apr. 24, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Business Combination [Line Items]          
Goodwill     $ 428,665   $ 428,263
Cash consideration, net of cash acquired [1]     $ 47,739 $ 112,264  
Turbine Controls, Inc. ("TCI")          
Business Combination [Line Items]          
Receivables   $ 9,122      
Contract assets   16,193      
Inventories   5,512      
Prepaid expenses and other current assets   570      
Other assets   214      
Property and equipment, net   6,434      
Intangible asset - customer related   59,000      
Goodwill   40,201      
Operating lease right-of-use assets   7,832      
Total assets acquired   145,078      
Accounts payable   (9,764)      
Accrued expense and other current liabilities   (5,624)      
Long-term operating lease obligations   (7,339)      
Total liabilities assumed   (22,727)      
Net assets acquired, excluding cash   122,351      
Cash consideration, net of cash acquired   112,351      
VSE common stock, at fair value   10,000      
Total   $ 122,351      
Kellstrom Aerospace Group, Inc          
Business Combination [Line Items]          
Receivables $ 27,379        
Contract assets 2,925        
Inventories 37,686        
Prepaid expenses and other current assets 2,723        
Property and equipment, net 10,301        
Intangible asset - customer related 41,900        
Goodwill 87,771        
Operating lease right-of-use assets 14,141        
Deferred tax assets 8,243        
Total assets acquired 233,069        
Accounts payable (27,750)        
Accrued expense and other current liabilities (6,153)        
Long-term operating lease obligations (10,300)        
Total liabilities assumed (44,203)        
Net assets acquired, excluding cash 188,866        
Cash consideration, net of cash acquired 168,599        
VSE common stock, at fair value 20,267        
Total $ 188,866        
[1]
(a) The cash flows related to discontinued operations and held-for-sale assets and liabilities have not been segregated, and remain included in the major classes of assets and liabilities. Accordingly, the Consolidated Statements of Cash Flows include the results of continuing and discontinued operations. See Note (3) "Discontinued Operations".