Quarterly report pursuant to Section 13 or 15(d)

Supplemental Financial Information

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Supplemental Financial Information
6 Months Ended
Jun. 30, 2024
Supplemental Financial Information [Abstract]  
Supplemental Financial Information
18.
Supplemental Financial Information

Interest Income

The Company earned interest income of $5.4 million and $8.6 million during the three months ended June 30, 2024 and 2023, respectively, and $13.4 million and $15.9 million during the six months ended June 30, 2024 and 2023, respectively, on its operating Cash and cash equivalents. Interest income is recognized in Interest expense, net on the Consolidated Statements of Income.

 

Supplemental Cash Flow Information

The following represents the supplemental cash flow information of the Company:

 

 

Six Months Ended June 30,

 

 

 

2024

 

2023

 

Cash paid for:

 

 

 

 

 

Interest

 

$

75,204

 

$

73,406

 

Income taxes, net of refunds

 

 

10,523

 

 

5,098

 

Non-cash investing and financing activities:

 

 

 

 

 

Non-controlling interest holders’ tax distributions declared but unpaid

 

$

415

 

$

 

Tax Receivable Agreement liabilities

 

 

7,691

 

 

31,258

 

Dividend Equivalents and Declared Distributions liabilities

 

 

3,307

 

 

 

Contingently returnable consideration

 

 

4,868