XML 18 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Capital - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance $ 1,908,326 $ 1,855,314 $ 1,868,047 $ 1,900,378
Net income 14,158 (9,531) 54,979 (57,272)
Share-based compensation expense 917 687 2,610 5,451
Reacquisition of share-based compensation awards for tax-withholding purposes     (202) (2,736)
Other comprehensive income—net of tax 41 13 122 39
Tax distributions to noncontrolling interests (2,059)   (4,033) (435)
Adjustment to liability recognized under tax receivable agreement - net of tax     (140) 1,058
Adjustment of noncontrolling interest in the Operating Company     0 0
Ending balance $ 1,921,383 $ 1,846,483 $ 1,921,383 $ 1,846,483
Common Stock | Class A Common Shares        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance (in shares) 69,199,938 69,068,354 69,068,354 70,107,552
Reacquisition of share-based compensation awards for tax-withholding purposes (in shares)     (83,660) (417,716)
Issuance of share-based compensation awards, net of forfeitures (in shares)     215,244  
Forfeitures of share-based compensation awards, net of issuances (in shares)       (621,482)
Ending Balance (in shares) 69,199,938 69,068,354 69,199,938 69,068,354
Common Stock | Class B Common Shares        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning Balance (in shares) 79,233,544 79,233,544 79,233,544 79,233,544
Ending Balance (in shares) 79,233,544 79,233,544 79,233,544 79,233,544
Contributed Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance $ 589,634 $ 586,267 $ 587,733 $ 587,587
Share-based compensation expense 917 687 2,610 5,451
Reacquisition of share-based compensation awards for tax-withholding purposes     (202) (2,736)
Adjustment to liability recognized under tax receivable agreement - net of tax     (140) 1,058
Adjustment of noncontrolling interest in the Operating Company     550 (4,406)
Ending balance 590,551 586,954 590,551 586,954
Retained Earnings        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 52,421 26,548 33,386 48,789
Net income 6,603 (4,439) 25,638 (26,680)
Ending balance 59,024 22,109 59,024 22,109
Accumulated Other Comprehensive Loss        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance (2,939) (1,925) (2,988) (1,952)
Other comprehensive income—net of tax 25 8 76 24
Adjustment of noncontrolling interest in the Operating Company     (2) 11
Ending balance (2,914) (1,917) (2,914) (1,917)
Total Members’ Capital        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 639,116 610,890 618,131 634,424
Net income 6,603 (4,439) 25,638 (26,680)
Share-based compensation expense 917 687 2,610 5,451
Reacquisition of share-based compensation awards for tax-withholding purposes     (202) (2,736)
Other comprehensive income—net of tax 25 8 76 24
Adjustment to liability recognized under tax receivable agreement - net of tax     (140) 1,058
Adjustment of noncontrolling interest in the Operating Company     548 (4,395)
Ending balance 646,661 607,146 646,661 607,146
Noncontrolling Interests        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Beginning balance 1,269,210 1,244,424 1,249,916 1,265,954
Net income 7,555 (5,092) 29,341 (30,592)
Other comprehensive income—net of tax 16 5 46 15
Tax distributions to noncontrolling interests (2,059)   (4,033) (435)
Adjustment of noncontrolling interest in the Operating Company     (548) 4,395
Ending balance $ 1,274,722 $ 1,239,337 $ 1,274,722 $ 1,239,337