Temporary Equity (Tables)

6 Months Ended

Jun. 30, 2019

Temporary Equity Disclosure [Abstract]

Temporary Equity [Table Text Block]

From the date of the Offering through June 30, 2019, the Company recorded adjustments to the value of temporary equity as presented in the table below:

(In thousands)	Temporary Equity Adjustments
Balance - April 17, 2019 (1)	$	518,000
Net loss attribution post-IPO	(2,941		)
Distribution of pre-IPO restricted cash to Existing Owners	(441		)
Adjustment of temporary equity to redemption amount (2)	97,344
Balance - June 30, 2019	$	611,962

(1) Based on 28,777,802 shares of Class B common stock outstanding and Class A share price of $18.00 at IPO date.

(2) Based on 28,777,802 shares of Class B common stock outstanding and Class A share VWAP of $21.27 at June 28, 2019.