XML 38 R26.htm IDEA: XBRL DOCUMENT v3.25.2
Deferred Acquisition Consideration (Tables)
 6 Months Ended
Jun. 30, 2025
Business Combinations [Abstract]  
Schedule of Changes in Contingent Deferred Acquisition Consideration
The following table presents changes in deferred acquisition consideration for the six months ended June 30, 2025 and the year ended December 31, 2024 and a reconciliation to the amounts reported on the Unaudited Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024 :
20252024
(dollars in thousands)
Beginning balance$102,115 $101,058 
Payments (1)
(16,103)(67,895)
Adjustments to deferred acquisition consideration (2)
3,437 23,005 
Additions (3)
— 46,598 
Currency translation adjustment2,214 (651)
Ending balance (4)
$91,663 $102,115 
(1) Includes deferred acquisition consideration payments settled in shares of Class A Common Stock of $18.2 million for the year ended December 31, 2024.

(2) Adjustments to deferred acquisition consideration contains fair value changes from the Company’s initial estimates of deferred acquisition payments and accretion of expense as awards are earned over the vesting period.
(3) Additions in 2024 of $46.6 million include $28.1 million related to the Company’s acquisitions (See Note 3 for further information). It also includes $17.0 million related to a reclassification from redeemable noncontrolling interest to deferred acquisition consideration in connection with the purchase of the remaining 40% interest the Company did not previously own in a certain Brand.
(4) The deferred acquisition consideration as of June 30, 2025 and December 31, 2024 includes $40.0 million and $38.4 million, respectively, expected to be settled in shares of Class A Common Stock.