XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.24.3

Share Capital (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Equity [Abstract] |
Schedule of Share Capital | Hamilton Group’s share capital is comprised as follows:
($ in thousands, except share information) |  |  |
Authorized: |  |  |
Common shares of $0.01 par value each (2024 and 2023: 150,000,000) |  |  |
Issued, outstanding and fully paid: | September 30, 2024 |  | December 31, 2023
Class A common shares (2024: 17,820,078 and 2023: 28,644,807) | $ | 178 |  |  | $ | 286 |
Class B common shares (2024: 63,668,995 and 2023: 56,036,067) | 637 |  |  | 560 |
Class C common shares (2024: 19,903,649 and 2023: 25,544,229) | 199 |  |  | 255 |
Total | $ | 1,014 |  |  | $ | 1,101 |
Schedule of Activity Related to Common Shares | The following is a summary of the activity related to common shares authorized:
| Class A |  | Class B |  | Class C |  | Unclassified |  | Total
Balance - June 30, 2024 | 28,644,807 |  |  | 72,837,352 |  |  | 25,044,229 |  |  | 23,473,612 |  |  | 150,000,000 |
Share class conversions | (1,700,000) |  |  | 6,840,580 |  |  | (5,140,580) |  |  | — |  |  | — |
Balance - September 30, 2024 | 26,944,807 |  |  | 79,677,932 |  |  | 19,903,649 |  |  | 23,473,612 |  |  | 150,000,000 |
| Class A |  | Class B |  | Class C |  | Unclassified |  | Total
Balance - June 30, 2023 | 53,993,690 |  |  | 50,480,684 |  |  | 30,525,626 |  |  | — |  |  | 135,000,000 |
Increase in authorized share capital | — |  |  | 15,000,000 |  |  | — |  |  | — |  |  | 15,000,000 |
Balance - September 30, 2023 | 53,993,690 |  |  | 65,480,684 |  |  | 30,525,626 |  |  | — |  |  | 150,000,000 |
| Class A |  | Class B |  | Class C |  | Unclassified |  | Total
Balance - December 31, 2023 | 28,644,807 |  |  | 72,337,352 |  |  | 25,544,229 |  |  | 23,473,612 |  |  | 150,000,000 |
Share class conversions | (1,700,000) |  |  | 7,340,580 |  |  | (5,640,580) |  |  | — |  |  | — |
Balance - September 30, 2024 | 26,944,807 |  |  | 79,677,932 |  |  | 19,903,649 |  |  | 23,473,612 |  |  | 150,000,000 |
| Class A |  | Class B |  | Class C |  | Unclassified |  | Total
Balance - December 31, 2022 | 53,993,690 |  |  | 50,480,684 |  |  | 30,525,626 |  |  | — |  |  | 135,000,000 |
Increase in authorized share capital | — |  |  | 15,000,000 |  |  | — |  |  | — |  |  | 15,000,000 |
Balance - September 30, 2023 | 53,993,690 |  |  | 65,480,684 |  |  | 30,525,626 |  |  | — |  |  | 150,000,000 |
The following is a summary of the activity related to common shares issued and outstanding:
| Class A |  | Class B |  | Class C |  |  |  | Total
Balance - June 30, 2024 | 19,520,078 |  |  | 57,358,464 |  |  | 25,044,229 |  |  |  |  | 101,922,771 |
Share class conversions | (1,700,000) |  |  | 6,840,580 |  |  | (5,140,580) |  |  |  |  | — |
Share repurchases | — |  |  | (530,049) |  |  | — |  |  |  |  | (530,049) |
Balance - September 30, 2024 | 17,820,078 |  |  | 63,668,995 |  |  | 19,903,649 |  |  |  |  | 101,392,722 |
| Class A |  | Class B |  | Class C |  |  |  | Total
Balance - June 30, 2023 | 30,520,078 |  |  | 42,638,190 |  |  | 30,525,626 |  |  |  |  | 103,683,894 |
Director share awards granted | — |  |  | 20,112 |  |  | — |  |  |  |  | 20,112 |
Balance - September 30, 2023 | 30,520,078 |  |  | 42,658,302 |  |  | 30,525,626 |  |  |  |  | 103,704,006 |
| Class A |  | Class B |  | Class C |  |  |  | Total
Balance - December 31, 2023 | 28,644,807 |  |  | 56,036,067 |  |  | 25,544,229 |  |  |  |  | 110,225,103 |
Share class conversions | (1,700,000) |  |  | 7,340,580 |  |  | (5,640,580) |  |  |  |  | — |
Vesting of awards | — |  |  | 761,261 |  |  | — |  |  |  |  | 761,261 |
Exercise of warrants | — |  |  | 245,779 |  |  | — |  |  |  |  | 245,779 |
Director share awards granted | — |  |  | 20,383 |  |  | — |  |  |  |  | 20,383 |
Share repurchases | (9,124,729) |  |  | (735,075) |  |  | — |  |  |  |  | (9,859,804) |
Balance - September 30, 2024 | 17,820,078 |  |  | 63,668,995 |  |  | 19,903,649 |  |  |  |  | 101,392,722 |
| Class A |  | Class B |  | Class C |  |  |  | Total
Balance - December 31, 2022 | 30,520,078 |  |  | 42,042,155 |  |  | 30,525,626 |  |  |  |  | 103,087,859 |
Vesting of awards | — |  |  | 735,013 |  |  | — |  |  |  |  | 735,013 |
Director share awards granted | — |  |  | 44,892 |  |  | — |  |  |  |  | 44,892 |
Share repurchases | — |  |  | (163,758) |  |  | — |  |  |  |  | (163,758) |
Balance - September 30, 2023 | 30,520,078 |  |  | 42,658,302 |  |  | 30,525,626 |  |  |  |  | 103,704,006 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in common stock outstanding. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCommonStockOutstandingRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(27)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-4 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-5 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481142/505-10-45-2 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-10 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480244/480-10-S99-1 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration