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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Class A Common Stock
Common stock
Class B Common Stock
Common stock
Members' Equity (Deficit)
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interest
Total
Balance at the beginning of the period at Dec. 31, 2016     $ (102,846)     $ (475)   $ (103,321)
Statement of Stockholders'/Members' Equity                
Other comprehensive income (loss)           557   557
Net income     66,547         66,547
Balance at the end of the period at Dec. 31, 2017     (36,299)     82   (36,217)
Statement of Stockholders'/Members' Equity                
Member distributions prior to IPO     (26,000)         (26,000)
Net income prior to IPO     13,648         13,648
Effect of IPO $ 265   $ 48,651 $ 71,196     $ 130,861 250,973
Effect of IPO (shares) 26,450 48,440            
Member distribution after IPO             (5,848) (5,848)
Effect of Follow-on Offering and CW Unit redemptions $ 112     24,472     (25,293) (709)
Effect of Follow-on Offering and CW Unit redemptions (in shares) 11,204 (11,204)            
Additional paid-in capital related to tax receivable agreement       26,046       26,046
Other comprehensive income (loss)           (902)   (902)
Stock-based compensation       4,704       4,704
Net income         $ 51,683   84,950 136,633
Balance at the end of the period at Dec. 31, 2018 $ 377     126,418 51,683 (820) 184,670 362,328
Balance at the end of the period (shares) at Dec. 31, 2018 37,654 37,236            
Statement of Stockholders'/Members' Equity                
Adjustments to prior periods       10,424   409 (11,339) (506)
Member distribution after IPO             (8,392) (8,392)
Effect of CW Unit redemptions $ 93     48,635   (59) (48,669)  
Effect of CW Unit redemptions (in shares) 9,278 (9,278)            
Adjustment to deferred tax asset from CW Unit redemptions       (9,751)       (9,751)
Additional paid-in capital related to tax receivable agreement       15,250       15,250
Equity award vestings $ 2     (791)     (760) (1,549)
Equity award vestings (in shares) 227              
Other comprehensive income (loss)           18 4 22
Stock-based compensation       4,271     2,724 6,995
Cash dividends declared         (4,305)     (4,305)
Net income         85,612   70,691 156,303
Balance at the end of the period at Dec. 31, 2019 $ 472     $ 194,456 $ 132,990 $ (452) $ 188,929 $ 516,395
Balance at the end of the period (shares) at Dec. 31, 2019 47,159 27,958