XML 47 R36.htm IDEA: XBRL DOCUMENT v3.22.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The following tables set forth the computation of basic and diluted net income per share of Class A Common Stock for the periods where we had Class A and Class B common stock outstanding (in thousands, except share and per share data):

 

 

 

Three Months Ended June 30, 2022

 

 

Six Months Ended June 30, 2022

 

Numerator—basic:

 

 

 

 

 

 

 

Net income

 

 

$

24,060

 

 

$

27,198

 

Less: Income attributable to redeemable noncontrolling interests

 

 

 

14,405

 

 

 

16,284

 

Net income attributable to Class A Common Stockholders—basic

 

 

 

9,655

 

 

 

10,914

 

Denominator—basic:

 

 

 

 

 

 

 

Weighted average Class A common stock outstanding—basic

 

 

 

79,256,354

 

 

 

79,204,430

 

Net income per Class A common stock—basic

 

 

$

0.12

 

 

$

0.14

 

 

 

 

 

 

 

 

 

Numerator—diluted:

 

 

 

 

 

 

 

Net income attributable to Class A Common Stockholders—basic

 

 

$

9,655

 

 

$

10,914

 

Net income effect of dilutive securities:

 

 

 

 

 

 

 

Effect of Exercise Warrants

 

 

 

 

 

 

43

 

Effect of RSUs

 

 

 

 

 

 

1

 

Net income attributable to Class A Common Stockholders—diluted

 

 

 

9,655

 

 

 

10,958

 

Denominator—diluted:

 

 

 

 

 

 

 

Weighted average Class A common stock outstanding—basic

 

 

 

79,256,354

 

 

 

79,204,430

 

Weighted average effect of dilutive securities:

 

 

 

 

 

 

 

Effect of Exercise Warrants

 

 

 

 

 

 

517,812

 

Effect of RSUs

 

 

 

2,663

 

 

 

15,340

 

Weighted average Class A common stock outstanding—diluted

 

 

 

79,259,017

 

 

 

79,737,582

 

Net income per Class A common stock—diluted

 

 

$

0.12

 

 

$

0.14

 

 

Summary of Potentially Dilutive Securities

The following tables present potentially dilutive securities excluded from the computation of diluted net income per share for the periods presented that could potentially dilute earnings per share in the future:

 

 

 

Three Months Ended June 30, 2022

 

 

Six Months Ended June 30, 2022

 

RSUs

 

 

 

2,838,717

 

 

 

1,418,091

 

Stock options

 

 

 

6,660,995

 

 

 

6,660,995

 

Class A Warrants

 

 

 

13,286,644

 

 

 

13,286,644

 

Exercise Warrants

 

 

 

34,000,000

 

 

 

17,000,000

 

Hoya Intermediate Warrants

 

 

 

6,000,000

 

 

 

6,000,000

 

Noncontrolling Interest

 

 

 

118,200,000

 

 

 

118,200,000