XML 18 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Additional Paid in Capital
Retained Earnings
Total Stockholders’ Equity
Non-controlling Interest
Shares of Class A Common Stock
Shares of Class A Common Stock
Common Stock
Shares of Class B Common Stock
Shares of Class B Common Stock
Common Stock
Beginning balance at Dec. 31, 2018 $ 740,814 $ 312,659 $ 119,274 $ 433,069 $ 307,745   $ 684   $ 452
Beginning balance (in shares) at Dec. 31, 2018             68,360,000   45,207,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Exchanges of Class B Common Stock for Class A Common Stock (shares)             8,551,000   (8,551,000)
Exchange of Class B Common Stock for Class A Common Stock 0 64,065   64,065 (64,065)   $ 85   $ (85)
Offering Costs (1,499) (1,001)   (1,001) (498)        
Effect of exchange on deferred tax asset, net of liability under tax receivable agreements 4,466 4,466   4,466          
Deferred tax impact of ownership changes from exchanges and repurchases (7,148) (7,148)   (7,148) 0        
Class A Common Stock dividend (10,978)   (10,978) (10,978)          
Distributions to non-controlling unitholders (6,215)       (6,215)        
Other distributions and advance payments to non-controlling interest unitholders (1,104)       (1,104)        
Share repurchase (shares)             (1,303,000)    
Share repurchases (17,098) (13,017)   (13,030) (4,068)   $ (13)    
Stock based compensation expense 9,993 8,802   8,802 1,191        
Vesting of restricted stock units (shares)             268,000    
Vesting of restricted stock units (1,039) (302)   (299) (740)   $ 3    
Restricted stock and RSU forfeitures (shares)             (8,000)    
Restricted stock and RSU forfeitures 1 (22) 1 (21) 22   $ 0    
Net (loss) income 93,272   51,151 51,151 42,121        
Ending balance (in shares) at Sep. 30, 2019             75,868,000   36,656,000
Ending balance at Sep. 30, 2019 803,465 368,502 159,448 529,076 274,389   $ 759   $ 367
Beginning balance at Jun. 30, 2019 792,446 318,099 152,322 471,547 320,899   $ 690   $ 436
Beginning balance (in shares) at Jun. 30, 2019             68,962,000   43,570,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Exchanges of Class B Common Stock for Class A Common Stock (shares)             6,914,000   (6,914,000)
Exchange of Class B Common Stock for Class A Common Stock 0 52,652   52,652 (52,652)   $ 69   $ (69)
Offering Costs (1,499) (1,001)   (1,001) (498)        
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        
Class A Common Stock dividend (3,871)   (3,871) (3,871)          
Distributions to non-controlling unitholders (1,857)       (1,857)        
Other distributions and advance payments to non-controlling interest unitholders (557)       (557)        
Stock based compensation expense 3,542 2,351   2,351 1,191        
Vesting of restricted stock units (shares)             0    
Vesting of restricted stock units 0 1   1 (1)   $ 0    
Restricted stock and RSU forfeitures (shares)             (8,000)    
Restricted stock and RSU forfeitures (1) (22) (1) (23) 22   $ 0    
Net (loss) income 18,840   10,998 10,998 7,842        
Ending balance (in shares) at Sep. 30, 2019             75,868,000   36,656,000
Ending balance at Sep. 30, 2019 803,465 368,502 159,448 529,076 274,389   $ 759   $ 367
Beginning balance at Dec. 31, 2019 781,492 410,596 143,105 554,827 226,665   $ 819   $ 307
Beginning balance (in shares) at Dec. 31, 2019           81,885,384 81,885,000 30,638,960 30,639,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Exchanges of Class B Common Stock for Class A Common Stock (shares)             3,571,000   (3,571,000)
Exchange of Class B Common Stock for Class A Common Stock 0 24,762   24,762 (24,762)   $ 36   $ (36)
Effect of exchange on deferred tax asset, net of liability under tax receivable agreements 778 778   778          
Class A Common Stock dividend (4,244)   (4,244) (4,244)          
Distributions to non-controlling unitholders (1,532)       (1,532)        
Other distributions and advance payments to non-controlling interest unitholders (256) (1)   (1) (255)        
Stock based compensation expense 12,894 9,557   9,557 3,337        
Vesting of restricted stock units (shares)             414,000    
Vesting of restricted stock units (402) 472   477 (879)   $ 5    
Restricted stock and RSU forfeitures (shares)             (4,000)    
Restricted stock and RSU forfeitures 8 (9) 9 (1) 9   $ (1)    
Net (loss) income (112,443)   (78,553) (78,553) (33,890)        
Ending balance (in shares) at Sep. 30, 2020           85,866,440 85,866,000 27,067,247 27,068,000
Ending balance at Sep. 30, 2020 676,295 446,155 60,317 507,602 168,693   $ 859   $ 271
Beginning balance at Jun. 30, 2020 719,957 435,885 94,817 531,831 188,126   $ 848   $ 281
Beginning balance (in shares) at Jun. 30, 2020             84,853,000   28,081,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Exchanges of Class B Common Stock for Class A Common Stock (shares)             1,013,000   (1,013,000)
Exchange of Class B Common Stock for Class A Common Stock 0 6,561   6,561 (6,561)   $ 10   $ (10)
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 0   0 549        
Stock based compensation expense 4,487 3,385   3,385 1,102        
Vesting of restricted stock units (shares)             0    
Vesting of restricted stock units 1 0   1 0   $ 1    
Restricted stock and RSU forfeitures (shares)             0    
Restricted stock and RSU forfeitures 2 0 2 2 0   $ 0    
Net (loss) income (49,025)   (34,502) (34,502) (14,523)        
Ending balance (in shares) at Sep. 30, 2020           85,866,440 85,866,000 27,067,247 27,068,000
Ending balance at Sep. 30, 2020 $ 676,295 $ 446,155 $ 60,317 $ 507,602 $ 168,693   $ 859   $ 271