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Condensed Consolidated Statements of Changes in Stockholders’/Members’ Equity (unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Class A Units Voting
Class B Units Non-Voting
Class C Units Non-Voting
Member Units
Members’ Contributed Capital
Total Stockholders’ Equity
Common Stock
Capital in excess of par
Retained Earnings
Non-controlling Interests
Members' unit, beginning balance (in shares) at Dec. 31, 2022   435,000 8,498 2,770              
Members' unit, beginning balance at Dec. 31, 2022 $ 979,343       $ 973,317 $ 464,725       $ 508,592 $ 6,026
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Net income attributable to the Company 46,264       46,264         46,264  
Net income attributable to non-controlling interests 253       0           253
Contribution from Parent 2,797       2,797 2,797          
Vesting of restricted interests (in shares)       248              
Vesting of restricted interests 178       178 178          
Distributions to and purchases of non-controlling interests (221)       0           (221)
Redemption value adjustment on non-controlling interests (435)       (435)         (435)  
Members' unit, ending balance (in shares) at Mar. 31, 2023   435,000 8,498 3,018              
Members' unit, ending balance at Mar. 31, 2023 1,028,179       1,022,121 467,700       554,421 6,058
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to the Company 46,264       46,264         46,264  
Net income attributable to non-controlling interests 253       0           253
Distributions to and purchases of non-controlling interests (221)       0           (221)
Redemption value adjustment on non-controlling interests (435)       (435)         (435)  
Members' unit, beginning balance (in shares) at Dec. 31, 2022   435,000 8,498 2,770              
Members' unit, beginning balance at Dec. 31, 2022 979,343       973,317 464,725       508,592 6,026
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Net income attributable to the Company 99,006                    
Members' unit, ending balance (in shares) at Jun. 30, 2023   435,000 8,498 3,018              
Members' unit, ending balance at Jun. 30, 2023 1,077,220       1,071,703 464,543       607,160 5,517
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to the Company 99,006                    
Members' unit, beginning balance (in shares) at Mar. 31, 2023   435,000 8,498 3,018              
Members' unit, beginning balance at Mar. 31, 2023 1,028,179       1,022,121 467,700       554,421 6,058
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Net income attributable to the Company 52,742       52,742         52,742  
Net income attributable to non-controlling interests 297       0           297
Distribution to Parent (3,352)       (3,352) (3,352)          
Repurchase of common shares (300)       195 195         (495)
Distributions to and purchases of non-controlling interests (343)       0           (343)
Redemption value adjustment on non-controlling interests (3)       (3)         (3)  
Members' unit, ending balance (in shares) at Jun. 30, 2023   435,000 8,498 3,018              
Members' unit, ending balance at Jun. 30, 2023 1,077,220       1,071,703 464,543       607,160 5,517
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to the Company 52,742       52,742         52,742  
Net income attributable to non-controlling interests 297       0           297
Distributions to Parent (3,352)       (3,352) (3,352)          
Distributions to and purchases of non-controlling interests (343)       0           (343)
Redemption value adjustment on non-controlling interests (3)       $ (3)         (3)  
Members' unit, beginning balance (in shares) at Dec. 31, 2023   435,000 8,498 3,583 447,081            
Members' unit, beginning balance at Dec. 31, 2023 470,303         470,303          
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Net income attributable to the Company 48,956           $ 48,956     48,956  
Net income attributable to non-controlling interests 270           0       270
Distribution to Parent (6,891)         (6,891) (6,891)        
Distributions to and purchases of non-controlling interests (369)           0       (369)
Conversion of LLC to Corporation and Impact of Reverse Stock Split (in shares)         (447,081)     104,094      
Conversion of LLC to Corporation and Impact of Reverse Stock Split 0         (463,412) 0 $ 1,041 $ 462,371    
Redemption value adjustment on non-controlling interests (1,901)           (1,901)     (1,901)  
Members' unit, ending balance (in shares) at Mar. 31, 2024         0            
Members' unit, ending balance at Mar. 31, 2024           0          
Beginning balance (in shares) at Dec. 31, 2023               0      
Beginning balance at Dec. 31, 2023 1,160,962           1,155,596 $ 0 0 685,293 5,366
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to the Company 48,956           48,956     48,956  
Net income attributable to non-controlling interests 270           0       270
Distributions to Parent (6,891)         (6,891) (6,891)        
Distributions to and purchases of non-controlling interests (369)           0       (369)
Redemption value adjustment on non-controlling interests (1,901)           (1,901)     (1,901)  
Conversion of LLC to Corporation and Impact of Reverse Stock Split (in shares)         (447,081)     104,094      
Conversion of LLC to Corporation and Impact of Reverse Stock Split 0         (463,412) 0 $ 1,041 462,371    
Ending balance (in shares) at Mar. 31, 2024               104,094      
Ending balance at Mar. 31, 2024 1,201,027           1,195,760 $ 1,041 462,371 732,348 5,267
Members' unit, beginning balance (in shares) at Dec. 31, 2023   435,000 8,498 3,583 447,081            
Members' unit, beginning balance at Dec. 31, 2023 470,303         470,303          
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Net income attributable to the Company 100,693                    
Members' unit, ending balance (in shares) at Jun. 30, 2024         0            
Members' unit, ending balance at Jun. 30, 2024 0         0          
Beginning balance (in shares) at Dec. 31, 2023               0      
Beginning balance at Dec. 31, 2023 1,160,962           1,155,596 $ 0 0 685,293 5,366
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to the Company $ 100,693                    
Ending balance (in shares) at Jun. 30, 2024 104,094             104,094      
Ending balance at Jun. 30, 2024 $ 1,251,982           1,246,778 $ 1,041 461,520 784,217 5,204
Members' unit, beginning balance (in shares) at Mar. 31, 2024         0            
Members' unit, beginning balance at Mar. 31, 2024           0          
Increase (Decrease) in Partners' Capital [Roll Forward]                      
Net income attributable to the Company 51,737           51,737     51,737  
Net income attributable to non-controlling interests 244           0       244
Distribution to Parent (851)           (851)   (851)    
Distributions to and purchases of non-controlling interests (307)           0       (307)
Redemption value adjustment on non-controlling interests 132           132     132  
Members' unit, ending balance (in shares) at Jun. 30, 2024         0            
Members' unit, ending balance at Jun. 30, 2024 0         $ 0          
Beginning balance (in shares) at Mar. 31, 2024               104,094      
Beginning balance at Mar. 31, 2024 1,201,027           1,195,760 $ 1,041 462,371 732,348 5,267
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income attributable to the Company 51,737           51,737     51,737  
Net income attributable to non-controlling interests 244           0       244
Distributions to Parent (851)           (851)   (851)    
Distributions to and purchases of non-controlling interests (307)           0       (307)
Redemption value adjustment on non-controlling interests $ 132           132     132  
Ending balance (in shares) at Jun. 30, 2024 104,094             104,094      
Ending balance at Jun. 30, 2024 $ 1,251,982           $ 1,246,778 $ 1,041 $ 461,520 $ 784,217 $ 5,204