Quarterly report [Sections 13 or 15(d)]

Supplemental Financial Information

v3.25.1
Supplemental Financial Information
 3 Months Ended
Mar. 31, 2025
Supplemental Cash Flow Information [Abstract]  
Supplemental Financial Information Supplemental Financial Information
Interest Income
The Company earned interest income of $3.1 million and $8.0 million during the three months ended March 31, 2025 and
2024, respectively, on its operating Cash and cash equivalents. Interest income is recognized in Interest expense, net on the
Consolidated Statements of Income (Loss).
Supplemental Cash Flow Information
The following represents the supplemental cash flow information of the Company:
Three Months Ended March 31,
2025
2024
Cash paid for:
Interest, net1
$62,946
$25,270
Income taxes, net of refunds
530
4,348
Non-cash investing and financing activities:
Non-controlling interest holders’ tax distributions declared but unpaid
$8,443
$22,177
Tax Receivable Agreement liabilities
11,090
2,119
Dividend Equivalents and Declared Distributions liabilities
1,014
2,547
Contingent consideration liabilities
21,130
—
1 Interest paid is presented net of $4.0 million and $6.5 million of cash received in connection with the Company’s interest
rate cap for the three months ended March 31, 2025 and 2024, respectively. See Note 10, Derivatives, for further
information on the interest rate cap.