Annual report [Section 13 and 15(d), not S-K Item 405]

Supplemental Financial Information

v3.25.4
Supplemental Financial Information
 12 Months Ended
Dec. 31, 2025
Supplemental Cash Flow Information [Abstract]  
Supplemental Financial Information SUPPLEMENTAL FINANCIAL INFORMATION
Interest Income
The Company earned interest income of $7.6 million, $21.5 million, and $32.0 million during the years ended
December 31, 2025, 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:
Year Ended December 31,
2025
2024
2023
Cash paid for:
Interest, net1
$196,041
$136,953
$128,380
Non-cash investing and financing activities:
Non-controlling interest holders’ tax distributions declared but
unpaid
$478
$2,109
$35
Tax Receivable Agreement liabilities
46,758
101,075
68,587
Dividend Equivalents and Declared Distributions liabilities
1,770
4,246
—
Contingently returnable consideration
—
4,868
—
Contingent consideration liabilities
44,535
103,769
11,238
1 Interest paid is presented net of $15.2 million, $24.7 million, and $22.9 million of cash received in connection with the
Company’s interest rate cap for the years ended December 31, 2025, 2024, and 2023, respectively. See Note 12,
Derivatives, for further information on the interest rate cap.