XML 15 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Class A Common stock
Class B Common Stock
Total stockholders' equity
Common stock
Class A Common stock
Common stock
Class B Common Stock
Additional paid in capital
Accumulated deficit
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2020         18,304,000 18,447,000      
Beginning balance at Dec. 31, 2020 $ (38,404)     $ (4,876) $ 183 $ 184 $ 29,371 $ (34,614) $ (33,528)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Distributions 0                
Net (loss) income (1,089)     (396)       (396) (693)
Exercise of stock options (in shares)         9,000        
Exercise of stock options 226     226     226    
Equity-based compensation 1,941     1,941     1,941    
Activity under employee stock purchase plan (in shares)         2,000        
Activity under employee stock purchase plan 205     205     205    
Redemption of LLC Units (in shares)         133,000 133,000      
Redemption of LLC Units 0     (249) $ 1 $ (1) (249)   249
Deferred tax adjustments related to Tax Receivable Agreement 816     798     798   18
Reallocation of Non-controlling interest 0     2       2 (2)
Ending balance (in shares) at Mar. 31, 2021         18,448,000 18,314,000      
Ending balance at Mar. 31, 2021 (36,305)     (2,349) $ 184 $ 183 32,292 (35,008) (33,956)
Beginning balance (in shares) at Dec. 31, 2020         18,304,000 18,447,000      
Beginning balance at Dec. 31, 2020 (38,404)     (4,876) $ 183 $ 184 29,371 (34,614) (33,528)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 7,415                
Activity under employee stock purchase plan       613          
Redemption of LLC Units       (2,673)          
Ending balance (in shares) at Sep. 30, 2021         19,786,000 17,239,000      
Ending balance at Sep. 30, 2021 (75,684)     (18,860) $ 196 $ 173 41,820 (61,049) (56,824)
Beginning balance (in shares) at Mar. 31, 2021         18,448,000 18,314,000      
Beginning balance at Mar. 31, 2021 (36,305)     (2,349) $ 184 $ 183 32,292 (35,008) (33,956)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 3,136     1,487       1,487 1,649
Exercise of stock options (in shares)         31,000        
Exercise of stock options 439     439     439    
Equity-based compensation 1,851     1,851     1,851    
Activity under employee stock purchase plan (in shares)         2,000        
Activity under employee stock purchase plan 214     214     214    
Redemption of LLC Units (in shares)         728,000 728,000      
Redemption of LLC Units 0     (1,280) $ 7 $ (7) (1,280)   1,280
Deferred tax adjustments related to Tax Receivable Agreement 3,164     3,063     3,063   101
Reallocation of Non-controlling interest 0     (6)       (6) 6
Ending balance (in shares) at Jun. 30, 2021         19,209,000 17,586,000      
Ending balance at Jun. 30, 2021 (27,501)     3,419 $ 191 $ 176 36,579 (33,527) (30,920)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Dividends declared (60,000)     (31,657)       (31,657) (28,343)
Net (loss) income 5,368     4,036       4,036 1,332
Exercise of stock options (in shares)         229,000        
Exercise of stock options 2,311     2,311 $ 2   2,309    
Equity-based compensation 1,851     1,851     1,851    
Activity under employee stock purchase plan (in shares)         1,000        
Activity under employee stock purchase plan 194     194     194    
Redemption of LLC Units (in shares)         347,000 347,000      
Redemption of LLC Units 0     (1,144) $ 3 $ (3) (1,144)   1,144
Deferred tax adjustments related to Tax Receivable Agreement 2,093     2,031     2,031   62
Reallocation of Non-controlling interest 0     99       99 (99)
Ending balance (in shares) at Sep. 30, 2021         19,786,000 17,239,000      
Ending balance at Sep. 30, 2021 (75,684)     (18,860) $ 196 $ 173 41,820 (61,049) (56,824)
Beginning balance (in shares) at Dec. 31, 2021   20,198,000 16,909,000   20,198,000 16,909,000      
Beginning balance at Dec. 31, 2021 (69,188)     (14,020) $ 200 $ 170 46,281 (60,671) (55,168)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income (5,383)     (2,257)       (2,257) (3,126)
Exercise of stock options (in shares)         19,000        
Exercise of stock options 256     256     256    
Equity-based compensation 5,788     5,788     5,788    
Activity under employee stock purchase plan (in shares)         3,000        
Activity under employee stock purchase plan 214     214     214    
Redemption of LLC Units (in shares)         101,000 101,000      
Redemption of LLC Units 0     (344) $ 1 $ (1) (344)   344
Deferred tax adjustments related to Tax Receivable Agreement 416     394     394   22
Reallocation of Non-controlling interest 0     (478)       (478) 478
Ending balance (in shares) at Mar. 31, 2022         20,321,000 16,808,000      
Ending balance at Mar. 31, 2022 (67,897)     (10,447) $ 201 $ 169 52,589 (63,406) (57,450)
Beginning balance (in shares) at Dec. 31, 2021   20,198,000 16,909,000   20,198,000 16,909,000      
Beginning balance at Dec. 31, 2021 (69,188)     (14,020) $ 200 $ 170 46,281 (60,671) (55,168)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 46                
Activity under employee stock purchase plan       556          
Redemption of LLC Units (in shares)   707,000 707,000            
Redemption of LLC Units       (2,300)          
Ending balance (in shares) at Sep. 30, 2022   21,202,000 16,201,000   21,202,000 16,201,000      
Ending balance at Sep. 30, 2022 (45,665)     6,329 $ 210 $ 163 67,238 (61,282) (51,994)
Beginning balance (in shares) at Mar. 31, 2022         20,321,000 16,808,000      
Beginning balance at Mar. 31, 2022 (67,897)     (10,447) $ 201 $ 169 52,589 (63,406) (57,450)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 2,389     342       342 2,047
Exercise of stock options (in shares)         94,000        
Exercise of stock options 1,008     1,008 $ 1   1,007    
Equity-based compensation 5,173     5,173     5,173    
Activity under employee stock purchase plan (in shares)         4,000        
Activity under employee stock purchase plan 177     177     177    
Redemption of LLC Units (in shares)         115,000 115,000      
Redemption of LLC Units 0     (377) $ 1 $ (1) (377)   377
Deferred tax adjustments related to Tax Receivable Agreement 403     373     373   30
Reallocation of Non-controlling interest 0     (226)       (226) 226
Ending balance (in shares) at Jun. 30, 2022         20,534,000 16,693,000      
Ending balance at Jun. 30, 2022 (58,747)     (3,977) $ 203 $ 168 58,942 (63,290) (54,770)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net (loss) income 3,040     1,979       1,979 1,061
Exercise of stock options (in shares)         171,000        
Exercise of stock options 3,006     3,006 $ 2   3,004    
Equity-based compensation 5,395     5,395     5,395    
Activity under employee stock purchase plan (in shares)         5,000        
Activity under employee stock purchase plan 165     165     165    
Redemption of LLC Units (in shares)   492,000 492,000   492,000 492,000      
Redemption of LLC Units 0     (1,579) $ 5 $ (5) (1,579)   1,579
Deferred tax adjustments related to Tax Receivable Agreement 1,476     1,311     1,311   165
Reallocation of Non-controlling interest 0     29       29 (29)
Ending balance (in shares) at Sep. 30, 2022   21,202,000 16,201,000   21,202,000 16,201,000      
Ending balance at Sep. 30, 2022 $ (45,665)     $ 6,329 $ 210 $ 163 $ 67,238 $ (61,282) $ (51,994)