Equity and Earnings per Share

9 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Equity and Earnings per Share

(13) Equity and Earnings per Share

Dividend

In the first quarter of 2024, we paid a special cash dividend of $12.38 per share on our outstanding Class A Common Stock totaling $250.4 million, which includes dividend equivalent payments to holders of unvested RSUs of $0.7 million.

Share Repurchases

In the first quarter of 2024, we purchased 14,673 shares of our Class A Common Stock totaling approximately $1.0 million from a former Board member. Upon repurchase, the repurchased shares were canceled.

The following table presents the reconciliation between the weighted average number of shares for basic and diluted earnings per share:

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Weighted-average shares outstanding - basic		20,177		20,136		20,170		20,123
Potentially dilutive stock awards and units		9		23		12		21
Weighted-average shares outstanding - diluted		20,186		20,159		20,182		20,144