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10-Q Condensed Consolidated Statements of Changes in Mezzanine Equity and Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings (Deficit)
Beginning balance (in shares) at Dec. 31, 2021   24,000,000      
Beginning balance at Dec. 31, 2021 $ 88,725 $ 240 $ 100,836 $ (714) $ (11,637)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 11,256       11,256
Other comprehensive income (loss), net of tax (15,975)     (15,975)  
Capital contribution from parent 24,000   24,000    
Capital distribution to parent (25,000)   (25,000)    
Stock-based compensation expense $ 368   368    
Ending balance (in shares) at Dec. 31, 2022 24,000,000 24,000,000      
Ending balance at Dec. 31, 2022 $ 83,374 $ 240 100,204 (16,689) (381)
Ending balance at Dec. 31, 2022 83,374        
Ending balance at Dec. 31, 2022 0        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 5,000       5,000
Other comprehensive income (loss), net of tax 3,164     3,164  
Capital contribution from parent 18,000   18,000    
Capital distribution to parent 0        
Stock-based compensation expense 109   109    
Ending balance (in shares) at Mar. 31, 2023   24,000,000      
Ending balance at Mar. 31, 2023   $ 240 118,313 (13,525) 4,619
Ending balance at Mar. 31, 2023 109,647        
Ending balance at Mar. 31, 2023 $ 0        
Beginning balance (in shares) at Dec. 31, 2022 24,000,000 24,000,000      
Beginning balance at Dec. 31, 2022 $ 83,374 $ 240 100,204 (16,689) (381)
Beginning balance at Dec. 31, 2022 83,374        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 11,555        
Ending balance (in shares) at Jun. 30, 2023   24,000,000      
Ending balance at Jun. 30, 2023   $ 240 131,470 (16,243) 11,174
Ending balance at Jun. 30, 2023 126,641        
Beginning balance at Dec. 31, 2022 0        
Ending balance at Jun. 30, 2023 $ 0        
Beginning balance (in shares) at Dec. 31, 2022 24,000,000 24,000,000      
Beginning balance at Dec. 31, 2022 $ 83,374 $ 240 100,204 (16,689) (381)
Beginning balance at Dec. 31, 2022 83,374        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 25,047       25,047
Other comprehensive income (loss), net of tax 5,317     5,317  
Capital contribution from parent 77,656   77,656    
Capital distribution to parent 0        
Stock-based compensation expense $ 683   683    
Ending balance (in shares) at Dec. 31, 2023 24,000,000 24,000,000      
Ending balance at Dec. 31, 2023 $ 192,077 $ 240 178,543 (11,372) 24,666
Ending balance at Dec. 31, 2023 192,077        
Beginning balance at Dec. 31, 2022 0        
Ending balance at Dec. 31, 2023 0        
Beginning balance (in shares) at Mar. 31, 2023   24,000,000      
Beginning balance at Mar. 31, 2023   $ 240 118,313 (13,525) 4,619
Beginning balance at Mar. 31, 2023 109,647        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 6,555       6,555
Other comprehensive income (loss), net of tax (2,718)     (2,718)  
Capital contribution from parent 13,000   13,000    
Capital distribution to parent 0        
Stock-based compensation expense 157   157    
Ending balance (in shares) at Jun. 30, 2023   24,000,000      
Ending balance at Jun. 30, 2023   $ 240 131,470 (16,243) 11,174
Ending balance at Jun. 30, 2023 126,641        
Beginning balance at Mar. 31, 2023 0        
Ending balance at Jun. 30, 2023 $ 0        
Beginning balance (in shares) at Dec. 31, 2023 24,000,000 24,000,000      
Beginning balance at Dec. 31, 2023 $ 192,077 $ 240 178,543 (11,372) 24,666
Beginning balance at Dec. 31, 2023 192,077        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 7,012       7,012
Other comprehensive income (loss), net of tax (916)     (916)  
Capital contribution from parent 2,839   2,839    
Capital distribution to parent 0        
Stock-based compensation expense 225   225    
Ending balance (in shares) at Mar. 31, 2024   24,000,000      
Ending balance at Mar. 31, 2024   $ 240 181,607 (12,288) 31,678
Ending balance at Mar. 31, 2024 201,237        
Beginning balance at Dec. 31, 2023 0        
Ending balance at Mar. 31, 2024 $ 0        
Beginning balance (in shares) at Dec. 31, 2023 24,000,000 24,000,000      
Beginning balance at Dec. 31, 2023 $ 192,077 $ 240 178,543 (11,372) 24,666
Beginning balance at Dec. 31, 2023 192,077        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 12,545        
Ending balance (in shares) at Jun. 30, 2024 32,658,823 32,658,823      
Ending balance at Jun. 30, 2024 $ 339,865 $ 327 314,636 (12,309) 37,211
Ending balance at Jun. 30, 2024 339,911        
Beginning balance at Dec. 31, 2023 0        
Ending balance at Jun. 30, 2024 46        
Beginning balance (in shares) at Mar. 31, 2024   24,000,000      
Beginning balance at Mar. 31, 2024   $ 240 181,607 (12,288) 31,678
Beginning balance at Mar. 31, 2024 201,237        
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 5,533       5,533
Other comprehensive income (loss), net of tax (21)     (21)  
Capital contribution from parent 0        
Capital distribution to parent 0        
Stock-based compensation expense     1,801    
Stock-based compensation expense 1,847        
Warrant expense 332   332    
Proceeds from initial public offering, net (in shares)   8,658,823      
Proceeds from initial public offering, net $ 130,983 $ 87 130,896    
Ending balance (in shares) at Jun. 30, 2024 32,658,823 32,658,823      
Ending balance at Jun. 30, 2024 $ 339,865 $ 327 $ 314,636 $ (12,309) $ 37,211
Ending balance at Jun. 30, 2024 339,911        
Beginning balance at Mar. 31, 2024 0        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Stock-based compensation expense 46        
Ending balance at Jun. 30, 2024 $ 46