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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income (loss) $ (80,107) $ 12,310
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 24,236 26,855
Equity-based compensation expense 14,050 18,006
Bad debt expense 4,903 1,256
Deferred income tax expense (benefit) 51,799 (41)
Fair value adjustments to contingent consideration (379) 1,303
Settlement charge 55,000  
Impairment charge - leased assets   6,248
Loss on sale or disposition of assets, net 386 1,314
Non-cash lease benefit (2,242) (1,539)
Non-cash loss on lease termination   1,175
Non-cash debt charges 644 644
Gain on reduction in tax receivable agreement liability (24,917)  
Other, net (73) 70
Changes in operating assets and liabilities (23,675) (6,215)
Net cash provided by operating activities 19,625 61,386
Cash flows from investing activities:    
Purchases of property, equipment and capitalization of software (4,249) (7,950)
Other 679 (1,915)
Net cash used in investing activities (3,570) (9,865)
Cash flows from financing activities:    
Payments on debt (3,450) (3,450)
Distributions paid to non-controlling unitholders (8,667) (10,923)
Dividends and dividend equivalents paid to Class A common stockholders (13,492) (13,969)
Payments related to tax withholding for share-based compensation (4,014) (6,356)
Common shares repurchased (3,408) (23,795)
Payment of contingent consideration (360) (120)
Net cash used in financing activities (33,391) (58,613)
Effect of exchange rate changes on cash 21 (2,009)
Net decrease in cash, cash equivalents and restricted cash (17,315) (9,101)
Cash, cash equivalents and restricted cash, beginning of period 138,128 158,399
Cash, cash equivalents and restricted cash, end of period $ 120,813 $ 149,298