XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
Unaudited Condensed Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Common Stock
Class A common stock
Common Stock
Class B common stock
Common Stock
Class C common stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings (Deficit)
Non-controlling Interest
Total
Balance at Dec. 31, 2020 $ 428 $ 5 $ 0 $ 63,342 $ (15,187) $ (21,814) $ (36,005) $ (9,231)
Balance (in shares) at Dec. 31, 2020 42,799,000 45,999,000 0          
Balance (in shares) at Dec. 31, 2020         (572,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation $ 0 $ 0 $ 0 2,988 $ 0 0 3,121 6,109
Exercise of stock options $ 0 0 0 (417) $ 2,407 0 0 1,990
Exercise of stock options (in shares) 0       91,000      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options $ 0 0 0 (1,012) $ 0 0 1,012 0
Vesting of restricted stock units $ 0 0 0 (1,220) $ 1,318 0 (98) 0
Vesting of restricted stock units (in shares) 0       49,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 0 0 (25) $ (189) 0 0 (214)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0       (7,000)      
Redemption of LLC common units for Class A common stock $ 30 $ (1) 0 22,926 $ 0 0 2,336 25,291
Redemption of LLC common units for Class A common stock (in shares) 3,029,000 (2,848,000)            
Distributions to holders of LLC common units $ 0 $ 0 0 0 0 0 (16,926) (16,926)
Dividends 0 0 0 0 0 (10,353) 0 (10,353)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability 0 0 0 (19,441) 0 0 0 (19,441)
Non-controlling interest adjustment 0 0 0 2,068 0 0 (2,068) 0
Net income 0 0 0 0 0 62,322 85,103 147,425
Balance at Mar. 31, 2021 $ 458 $ 4 $ 0 69,209 $ (11,651) 30,155 36,475 124,650
Balance (in shares) at Mar. 31, 2021 45,828,000 43,151,000 0          
Balance (in shares) at Mar. 31, 2021         (439,000)      
Balance at Dec. 31, 2020 $ 428 $ 5 $ 0 63,342 $ (15,187) (21,814) (36,005) (9,231)
Balance (in shares) at Dec. 31, 2020 42,799,000 45,999,000 0          
Balance (in shares) at Dec. 31, 2020         (572,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income               582,809
Balance at Sep. 30, 2021 $ 470 $ 4 $ 0 97,324 $ (80,605) 184,553 84,154 285,900
Balance (in shares) at Sep. 30, 2021 46,980,000 42,007,000 0          
Balance (in shares) at Sep. 30, 2021         (2,137,000)      
Balance at Mar. 31, 2021 $ 458 $ 4 $ 0 69,209 $ (11,651) 30,155 36,475 124,650
Balance (in shares) at Mar. 31, 2021 45,828,000 43,151,000 0          
Balance (in shares) at Mar. 31, 2021         (439,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation $ 0 $ 0 $ 0 3,123 $ 0 0 2,924 6,047
Exercise of stock options $ 0 $ 0 $ 0 (135) $ 674 0 0 539
Exercise of stock options (in shares) 0 0 0   25,000      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options $ 0 $ 0 $ 0 (257) $ 0 0 257 0
Vesting of restricted stock units $ 0 $ 0 $ 0 (1,645) $ 1,707 0 (62) 0
Vesting of restricted stock units (in shares) 0 0 0   64,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 $ 0 $ 0 (31) $ (43) 0 0 (74)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0 0 0   (2,000)      
Repurchases of Class A common stock to treasury stock $ 0 $ 0 $ 0 22,127 $ (45,470) 0 (22,127) (45,470)
Repurchases of Class A common stock to treasury stock 0 0 0   (1,150,000)      
Redemption of LLC common units for Class A common stock $ 12 $ 0 $ 0 11,785 $ 0 0 (376) 11,421
Redemption of LLC common units for Class A common stock (in shares) 1,152,000 (1,144,000) 0   0      
Distributions to holders of LLC common units $ 0 $ 0 $ 0 0 $ 0 0 (106,921) (106,921)
Dividends 0 0 0 0 0 (11,560) 0 (11,560)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability 0 0 0 (9,233) 0 0 0 (9,233)
Non-controlling interest adjustment 0 0 0 (1,434) 0 0 1,434 0
Net income 0 0 0 0 0 109,188 136,888 246,076
Balance at Jun. 30, 2021 $ 470 $ 4 $ 0 93,509 $ (54,783) 127,783 48,492 215,475
Balance (in shares) at Jun. 30, 2021 46,980,000 42,007,000 0          
Balance (in shares) at Jun. 30, 2021         (1,502,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation $ 0 $ 0 $ 0 3,574 $ 0 0 3,339 6,913
Exercise of stock options $ 0 0 0 (860) $ 2,107 0 0 1,247
Exercise of stock options (in shares) 0       58,000      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options $ 0 0 0 (592) $ 0 0 592 0
Vesting of restricted stock units $ 0 0 0 (16,376) $ 19,892 0 (3,516) 0
Vesting of restricted stock units (in shares) 0       544,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 0 0 (411) $ (6,467) 0 0 (6,878)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0       (177,000)      
Repurchases of Class A common stock to treasury stock $ 0 0 0 19,623 $ (41,354) 0 (19,623) (41,354)
Repurchases of Class A common stock to treasury stock 0       (1,060,000)      
Distributions to holders of LLC common units $ 0 0 0 0 $ 0 0 (55,878) (55,878)
Dividends 0 0 0 0 0 (22,933) 0 (22,933)
Non-controlling interest adjustment 0 0 0 (1,143) 0 0 1,143 0
Net income 0 0 0 0 0 79,703 109,605 189,308
Balance at Sep. 30, 2021 $ 470 $ 4 $ 0 97,324 $ (80,605) 184,553 84,154 285,900
Balance (in shares) at Sep. 30, 2021 46,980,000 42,007,000 0          
Balance (in shares) at Sep. 30, 2021         (2,137,000)      
Balance at Dec. 31, 2021 $ 475 $ 4 $ 0 98,113 $ (130,006) 189,471 75,837 $ 233,894
Balance (in shares) at Dec. 31, 2021 47,521,000 41,466,000 0          
Balance (in shares) at Dec. 31, 2021         (3,390,000)     3,390,131
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation $ 0 $ 0 $ 0 4,572 $ 0 0 5,735 $ 10,307
Exercise of stock options 0 0 0 (166) $ 397 0 0 231
Exercise of stock options (in shares)         11,000      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options 0 0 0 (111) $ 0 0 111 0
Vesting of restricted stock units 0 0 0 (4,067) $ 4,749 0 (682) 0
Vesting of restricted stock units (in shares)         130,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs 0 0 0 243 $ (1,481) 0 0 (1,238)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares)         (41,000)      
Repurchases of Class A common stock to treasury stock 0 0 0 28,398 $ (79,757) 0 (37,774) (89,133)
Repurchases of Class A common stock to treasury stock         (2,593,000)      
Redemption of LLC common units for Class A common stock $ 1 0 0 416 $ 0 0 (45) 372
Redemption of LLC common units for Class A common stock (in shares) 50,000              
Distributions to holders of LLC common units $ 0 0 0 0 0 0 (24,836) (24,836)
Dividends 0 0 0 0 0 (26,427) 0 (26,427)
Establishment of liabilities under the Tax Receivable Agreement and related changes to deferred tax assets associated with that liability 0 0 0 (299) 0 0 0 (299)
Non-controlling interest adjustment 0 0 0 (1,028) 0 0 1,028 0
Net income 0 0 0 0 0 44,730 62,569 107,299
Balance at Mar. 31, 2022 $ 476 $ 4 $ 0 126,071 $ (206,098) 207,774 81,943 210,170
Balance (in shares) at Mar. 31, 2022 47,571,000 41,466,000 0          
Balance (in shares) at Mar. 31, 2022         (5,883,000)      
Balance at Dec. 31, 2021 $ 475 $ 4 $ 0 98,113 $ (130,006) 189,471 75,837 $ 233,894
Balance (in shares) at Dec. 31, 2021 47,521,000 41,466,000 0          
Balance (in shares) at Dec. 31, 2021         (3,390,000)     3,390,131
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock award to employee (In shares)               540,646
Net income               $ 408,232
Balance at Sep. 30, 2022 $ 476 $ 4 $ 0 117,151 $ (190,658) 280,772 129,753 $ 337,498
Balance (in shares) at Sep. 30, 2022 47,571,000 41,466,000 0          
Balance (in shares) at Sep. 30, 2022         (5,442,000)     5,442,009
Balance at Mar. 31, 2022 $ 476 $ 4 $ 0 126,071 $ (206,098) 207,774 81,943 $ 210,170
Balance (in shares) at Mar. 31, 2022 47,571,000 41,466,000 0          
Balance (in shares) at Mar. 31, 2022         (5,883,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation $ 0 $ 0 $ 0 4,467 $ 0 0 4,500 8,967
Exercise of stock options $ 0 $ 0 $ 0 (25) $ 66 0 0 41
Exercise of stock options (in shares) 0 0 0   2,000      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options $ 0 $ 0 $ 0 (18) $ 0 0 18 0
Vesting of restricted stock units $ 0 $ 0 $ 0 (3,562) $ 3,798 0 (236) 0
Vesting of restricted stock units (in shares) 0 0 0   108,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 $ 0 $ 0 48 $ (327) 0 0 (279)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0 0 0   (9,000)      
Distributions to holders of LLC common units $ 0 $ 0 $ 0 0 $ 0 0 (90,842) (90,842)
Dividends 0 0 0 0 0 (26,111) 0 (26,111)
Non-controlling interest adjustment 0 0 0 527 0 0 (527) 0
Net income 0 0 0 0 0 84,311 113,674 197,985
Balance at Jun. 30, 2022 $ 476 $ 4 $ 0 127,508 $ (202,561) 265,974 108,530 299,931
Balance (in shares) at Jun. 30, 2022 47,571,000 41,466,000 0          
Balance (in shares) at Jun. 30, 2022         (5,782,000)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity-based compensation $ 0 $ 0 $ 0 3,394 $ 0 0 3,398 6,792
Exercise of stock options $ 0 0 0 (26) $ 71 0 0 45
Exercise of stock options (in shares) 0       2,000      
Non-controlling interest adjustment for capital contribution of proceeds from the exercise of stock options $ 0 0 0 (20) $ 0 0 20 0
Vesting of restricted stock units $ 0 0 0 (14,713) $ 17,618 0 (2,905) 0
Vesting of restricted stock units (in shares) 0       503,000      
Repurchases of Class A common stock for withholding taxes on vested RSUs $ 0 0 0 829 $ (5,786) 0 0 (4,957)
Repurchases of Class A common stock for withholding taxes on vested RSUs (in shares) 0       (165,000)      
Distributions to holders of LLC common units $ 0 0 0 0 $ 0 0 (40,933) (40,933)
Dividends 0 0 0 0 0 (26,328) 0 (26,328)
Non-controlling interest adjustment 0 0 0 179 0 0 (179) 0
Net income 0 0 0 0 0 41,126 61,822 102,948
Balance at Sep. 30, 2022 $ 476 $ 4 $ 0 $ 117,151 $ (190,658) $ 280,772 $ 129,753 $ 337,498
Balance (in shares) at Sep. 30, 2022 47,571,000 41,466,000 0          
Balance (in shares) at Sep. 30, 2022         (5,442,000)     5,442,009