Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity (Unaudited)

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Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Class A Common Stock [Member]
Common Stock [Member]
Class B Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income [Member]
Non-controlling Interest [Member]
Beginning balance at Dec. 31, 2022 $ 817,812 $ 112 $ 147 $ 418,123 $ 53,988 $ 6,035 $ 339,407
Balance Beginning, Shares at Dec. 31, 2022   112,437,825 147,214,275        
Net income 36,457       13,160   23,297
Issuance of common stock, shares   3,468          
Exchange of LLC equity for common stock   $ 1 $ (1) 1,430     (1,430)
Exchange of LLC equity for common stock, shares   792,358 (792,358)        
Tax Receivable Agreement liabilities and deferred taxes arising from LLC interest ownership changes (395)     (395)      
Distributions declared for non-controlling interest holders' tax (15,382)           (15,382)
Change in share of equity method investment in related party other comprehensive income 584         214 370
Gain (Loss) on interest rate cap, net (6,140)         (2,251) (3,889)
Foreign currency translation adjustments 783         285 498
Equity-based compensation 17,879     17,740     139
Ending Balance at Mar. 31, 2023 851,598 $ 113 $ 146 436,898 67,148 4,283 343,010
Balance Ending, Shares at Mar. 31, 2023   113,233,651 146,421,917        
Beginning balance at Dec. 31, 2022 817,812 $ 112 $ 147 418,123 53,988 6,035 339,407
Balance Beginning, Shares at Dec. 31, 2022   112,437,825 147,214,275        
Net income 120,274            
Ending Balance at Jun. 30, 2023 943,918 $ 115 $ 144 452,925 97,226 8,525 384,983
Balance Ending, Shares at Jun. 30, 2023   115,208,931 144,571,839        
Beginning balance at Mar. 31, 2023 851,598 $ 113 $ 146 436,898 67,148 4,283 343,010
Balance Beginning, Shares at Mar. 31, 2023   113,233,651 146,421,917        
Net income 83,817       30,078   53,739
Issuance of common stock, shares   104,196 21,006        
Exchange of LLC equity for common stock   $ 2 $ (2) 3,474     (3,474)
Exchange of LLC equity for common stock, shares   1,871,084 (1,871,084)        
Tax Receivable Agreement liabilities and deferred taxes arising from LLC interest ownership changes 449     449      
Distributions declared for non-controlling interest holders' tax (21,992)           (21,992)
Change in share of equity method investment in related party other comprehensive income 868         323 545
Gain (Loss) on interest rate cap, net 10,250         3,816 6,434
Foreign currency translation adjustments 279         103 176
Equity-based compensation 18,649     12,104     6,545
Ending Balance at Jun. 30, 2023 943,918 $ 115 $ 144 452,925 97,226 8,525 384,983
Balance Ending, Shares at Jun. 30, 2023   115,208,931 144,571,839        
Beginning balance at Dec. 31, 2023 979,644 $ 119 $ 142 441,997 114,420 3,076 419,890
Balance Beginning, Shares at Dec. 31, 2023   118,593,062 141,621,188        
Net income 40,677       16,535   24,142
Issuance of common stock, shares   9,449          
Exchange of LLC equity for common stock       240     (240)
Exchange of LLC equity for common stock, shares   134,959 (134,959)        
Class A common stock dividends and Dividend Equivalents (42,418)       (42,418)    
Distributions and Declared Distributions to non-controlling LLC Unitholders (5,766)           (5,766)
Tax Receivable Agreement liabilities and deferred taxes arising from LLC interest ownership changes (78)     (78)      
Distributions declared for non-controlling interest holders' tax (22,177)           (22,177)
Change in share of equity method investment in related party other comprehensive income 3,780         1,510 2,270
Gain (Loss) on interest rate cap, net 4,805         1,918 2,887
Foreign currency translation adjustments (1,024)         (408) (616)
Equity-based compensation 17,310     17,297     13
Ending Balance at Mar. 31, 2024 974,753 $ 119 $ 142 459,456 88,537 6,096 420,403
Balance Ending, Shares at Mar. 31, 2024   118,737,470 141,486,229        
Beginning balance at Dec. 31, 2023 979,644 $ 119 $ 142 441,997 114,420 3,076 419,890
Balance Beginning, Shares at Dec. 31, 2023   118,593,062 141,621,188        
Net income 158,715            
Ending Balance at Jun. 30, 2024 1,073,236 $ 119 $ 142 478,130 121,560 5,903 467,382
Balance Ending, Shares at Jun. 30, 2024   119,339,130 141,164,071        
Beginning balance at Mar. 31, 2024 974,753 $ 119 $ 142 459,456 88,537 6,096 420,403
Balance Beginning, Shares at Mar. 31, 2024   118,737,470 141,486,229        
Net income 118,038       46,787   71,251
Issuance of common stock 2,168     989     1,179
Issuance of common stock, shares   270,510 8,992        
Exchange of LLC equity for common stock       598     (598)
Exchange of LLC equity for common stock, shares   331,150 (331,150)        
Equity awards withheld for settlement of employee tax obligations (284)           (284)
Class A common stock dividends and Dividend Equivalents (13,764)       (13,764)    
Distributions and Declared Distributions to non-controlling LLC Unitholders (5,758)           (5,758)
Tax Receivable Agreement liabilities and deferred taxes arising from LLC interest ownership changes 508     709     (201)
Distributions declared for non-controlling interest holders' tax (22,829)           (22,829)
Change in share of equity method investment in related party other comprehensive income (940)         (376) (564)
Gain (Loss) on interest rate cap, net (1,860)         (744) (1,116)
Foreign currency translation adjustments 2,309         927 1,382
Equity-based compensation 20,895     16,378     4,517
Ending Balance at Jun. 30, 2024 $ 1,073,236 $ 119 $ 142 $ 478,130 $ 121,560 $ 5,903 $ 467,382
Balance Ending, Shares at Jun. 30, 2024   119,339,130 141,164,071