Selected Quarterly Financial Data (unaudited) (Tables)

9 Months Ended

Sep. 30, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

The following tables summarizes consolidated changes in equity for the three months ended September 30, 2020 and 2019:

	Shares of Class A Common Stock	Shares of Class B Common Stock	Class A Common Stock, Par Value		Class B Common Stock, Par Value		Additional Paid in Capital		Retained Earnings		Total Stockholders’ equity		Non-controlling Interest		Total Equity
Balance—June 30, 2020	84,853	28,081	$	848	$	281	$	435,885	$	94,817	$	531,831	$	188,126	$	719,957
Exchanges of Class B Common Stock for Class A Common Stock	1,013	(1,013)	10		(10)		6,561		—		6,561		(6,561)		—
Effect of exchange on deferred tax asset, net of liability under tax receivable agreements	—	—	—		—		324		—		324		—		324
Other distributions and advance payments to non-controlling interest unitholders	—	—	—		—		—		—		—		549		549
Stock based compensation expense	—	—	—		—		3,385		—		3,385		1,102		4,487
Restricted stock and RSU forfeitures	—	—	—		—		—		2		2		—		2
RSU Vesting	—	—	1		—		—		—		1		—		1
Net loss	—	—	—		—		—		(34,502)		(34,502)		(14,523)		(49,025)
Balance—September 30, 2020	85,866	27,068	$	859	$	271	$	446,155	$	60,317	$	507,602	$	168,693	$	676,295

	Shares of Class A Common Stock	Shares of Class B Common Stock	Class A Common Stock, Par Value		Class B Common Stock, Par Value		Additional Paid in Capital		Retained Earnings		Total Stockholders’ equity		Non-controlling Interest		Total Equity
Balance—June 30, 2019	68,962	43,570	$	690	$	436	$	318,099	$	152,322	$	471,547	$	320,899	$	792,446
Exchange of Class B Common Stock for Class A Common Stock	6,914	(6,914)	69		(69)		52,652		—		52,652		(52,652)		—
Offering Costs	—	—	—		—		(1,001)		—		(1,001)		(498)		(1,499)
Effect of exchange on deferred tax asset, net of liability under tax receivable agreements	—	—	—		—		3,570		—		3,570		—		3,570
Deferred tax impact of ownership changes from exchanges and repurchases	—	—	—		—		(7,148)		—		(7,148)		—		(7,148)
$0.05/share of Class A Common Stock dividend	—	—	—		—		—		(3,871)		(3,871)		—		(3,871)
$0.05/unit distribution to non-controlling interest unitholders	—	—	—		—		—		—		—		(1,857)		(1,857)
Other distributions and advance payments to non-controlling interest unitholders	—	—	—		—		—		—		—		(557)		(557)
Stock based compensation expense	—	—	—		—		2,351		—		2,351		1,191		3,542
RSU Vesting	—	—	—		—		1		—		1		(1)		—
Restricted stock and RSU forfeitures	(8)	—	—		—		(22)		(1)		(23)		22		(1)
Net income	—	—	—		—		—		10,998		10,998		7,842		18,840
Balance—September 30, 2019	75,868	36,656	$	759	$	367	$	368,502	$	159,448	$	529,076	$	274,389	$	803,465