XML 24 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ AND MEMBERS’ EQUITY - USD ($)
$ in Thousands
Members' Equity
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Accumulated Earnings (Deficit)
Treasury Stock
Non controlling Interest
Class A Common Stock
Total
Balance at beginning of year at Dec. 31, 2014 $ 60,620               $ 60,620
Changes in Members' Equity                  
Member contributions 8,162               8,162
Purchase of member units (5)               (5)
Issuance of membership units in exchange for notes receivable, includes accrued interest 5,766               5,766
Notes receivable from unit-holders, includes accrued interest (5,766)               (5,766)
Unit-based compensation expense 64               64
Net Income prior to the Reorganization                 (1,373)
Net income (loss) (1,373)               (1,373)
Balance at end of year at Dec. 31, 2015 67,468               67,468
Changes in Members' Equity                  
Unit-based compensation expense 127               127
Additional members’ equity related to accrued interest on notes receivable that were exchanged for membership units (327)               (327)
Accrued interest related to notes receivable that were exchanged for membership units (327)               (327)
Proceeds from pay down of promissory note related to membership units 948               948
Net Income prior to the Reorganization                 2,803
Net income (loss) 2,803               2,803
Balance at end of year at Dec. 31, 2016 71,346               71,346
Changes in Members' Equity                  
Unit-based compensation expense 43               43
Additional members’ equity related to accrued interest on notes receivable that were exchanged for membership units (84)               (84)
Accrued interest related to notes receivable that were exchanged for membership units (84)               (84)
Proceeds from pay down of promissory note related to membership units 3,808               3,808
Net Income prior to the Reorganization 3,665               3,665
Effect of the Reorganization $ (78,862) $ 101   $ 77,256     $ 125,056   123,551
Effect of the Reorganization (in shares)   10,100,000 32,366,000            
Deferred tax asset and payables related to parties pursuant to Tax Receivable Agreement from the Reorganization       (19,149)         (19,149)
Effect of November offering   $ 81   66,352     (21,969)   44,464
Effect of November offering (in shares)   8,050,000 (5,050,000)         75,130  
Deferred tax asset and payables related to parties pursuant to Tax Receivable Agreement from the November Offering       (12,928)         (12,928)
Exchange of B shares for A shares   $ 8   1,997     (2,005)    
Exchange of B shares for A shares (in shares)   785,000 (785,000)            
Deferred tax asset and payables related to parties pursuant to Tax Receivable Agreement from the exchange of B shares for A shares       (2,755)         $ (2,755)
Stock option exercises       261   $ (261)      
Options exercised (in shares)   75,000       16,000     91,484
Issuance of B shares in connection with the acquisition of the assets of Railtronix       4,507         $ 4,507
Issuance of B shares in connection with the acquisition of the assets of Railtronix (in shares)     280,000            
Stock-based compensation subsequent to the Reorganization       4,738         4,738
Additional members’ equity related to accrued interest on notes receivable that were exchanged for membership units subsequent to the Reorganization       28         28
Accrued interest related to notes receivable that were exchanged for membership units subsequent to the Reorganization       (28)         (28)
Proceeds from pay down of promissory note and interest related to membership units subsequent to the Reorganization       1,448         1,448
Net income subsequent to the Reorganization         $ 3,636   15,186   18,822
Net income (loss)                 22,487
Balance at end of year at Dec. 31, 2017   $ 190   $ 121,727 $ 3,636 $ (261) $ 116,268   $ 241,560
Balance at end of year (in shares) at Dec. 31, 2017   19,010,000 26,811,000     16,000