Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Mezzanine Equity and Stockholders'/ Members' Equity (Unaudited)

v3.22.4
Consolidated Statements of Mezzanine Equity and Stockholders'/ Members' Equity (Unaudited) - USD ($)
$ in Thousands
Total
RSG LLC [Member]
New LLC [Member]
Prior to the Organizational Transactions [Member]
RSG LLC [Member]
IPO [Member]
Organizational Transaction [Member]
Subsequent to Organizational Transactions [Member]
Common Class A [Member]
Common Class A [Member]
IPO [Member]
Common Class A [Member]
Organizational Transaction [Member]
Common Class B [Member]
Common Class B [Member]
Organizational Transaction [Member]
Common Class X [Member]
Mezzanine Equity [Member]
Mezzanine Equity [Member]
New LLC [Member]
Mezzanine Equity [Member]
Organizational Transaction [Member]
Mezzanine Equity [Member]
Redeemable Preferred Stock [Member]
Member Interest [Member]
Member Interest [Member]
New LLC [Member]
Member Interest [Member]
Prior to the Organizational Transactions [Member]
New LLC [Member]
Member Interest [Member]
IPO [Member]
Member Interest [Member]
Organizational Transaction [Member]
Member Interest [Member]
Common Class A [Member]
Member Interest [Member]
Common Class B [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
IPO [Member]
Additional Paid-in Capital [Member]
Organizational Transaction [Member]
Additional Paid-in Capital [Member]
Common Class B [Member]
Accumulated Deficit [Member]
Accumulated Deficit [Member]
Subsequent to Organizational Transactions [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
RSG LLC [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
New LLC [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Organizational Transaction [Member]
Non-controlling Interests [Member]
Non-controlling Interests [Member]
IPO [Member]
Non-controlling Interests [Member]
Organizational Transaction [Member]
Non-controlling Interests [Member]
Organizational Transaction [Member]
New LLC [Member]
Non-controlling Interests [Member]
Subsequent to Organizational Transactions [Member]
Common Stock [Member]
Common Class A [Member]
Common Stock [Member]
Common Class B [Member]
Common Stock [Member]
Common Class X [Member]
Beginning Balance at Dec. 31, 2019 $ (76,489)                                 $ (76,244)                         $ 864       $ (1,109)              
Beginning balance , Mezzanine Equity at Dec. 31, 2019                           $ 139,644                                                        
Net Income 70,513                                 68,104                                 2,409              
Foreign currency translation adjustments 1,084                                                           1,084                      
Equity-based compensation expense 10,160                                 10,160                                                
Related party asset acquisition (3,039)                                 (3,039)                                                
Accumulation of preferred dividends (% return) (12,032)                                 (12,032)                                                
Repurchases of Class A units (52,220)                                 (52,220)                                                
Change in share of equity method investment in related party other comprehensive income (loss) 754                                                           754                      
Accretion of premium on Mezzanine Equity (1,618)                         1,618       (1,618)                                                
Loss on extinguishment of related party subordinated promissory notes (6,941)                                 (6,941)                                                
Distributions declared - tax advances (63,402)                                 (63,402)                                                
Common Blocker Merger Value               $ 0         $ 0                                                          
Net Income (Loss) Attributable to Parent 68,104                                                                                  
Net Income (Loss) Attributable to Noncontrolling Interest 2,409                                                                                  
Equity Issued To The Board of Directors 640                                 640                                                
Contribution to units               $ 111,100     $ 10,649           $ 98,373           $ 111,100 $ 10,649                                    
Equity Issued To Related Party In Exchange For Extinguishment Of Subordinated Promissory Notes 81,931                                 81,931                                                
Ending balance at Dec. 31, 2020 71,090                                 67,088                         2,702       1,300              
Ending balance , Mezzanine Equity at Dec. 31, 2020                           239,635                                                        
Net income attributable to the LLC before the Organizational Transactions     $ 72,937 $ 75,387                               $ 72,937                                            
Net Income 56,632           $ (18,755)                                                             $ 2,450        
Foreign currency translation adjustments 444                                                           444                      
Unpaid Preferred Return On Mezzanine Equity (1,728)                                 (1,728)                                                
Equity-based compensation expense 8,457         $ 46,392                       8,457                 $ 42,846                   $ 3,546          
Related party asset acquisition (48,368)                                 (44,618)                                 (3,750)              
Accumulation of preferred dividends (% return) (5,663)                                 (5,663)                                                
Members Tax Distributions (23,757)                                 (23,757)                                                
Repurchases of Class A units (4,625)                                 (4,625)                                                
Reclassification from preferred units to repurchase (75,012)                                 (75,012)                                                
Change in share of equity method investment in related party other comprehensive income (loss) (302) $ (738)                                                         (129) $ (738)     (173)              
Accretion of premium on Mezzanine Equity (20,365)                         20,365       (20,365)                                                
Effect or equity prior to the organizational transactions     (24,878)     (843,962)       $ 45   $ 149     $ 260,000 $ (260,000)     $ (27,286)     $ 27,286         $ (1,142,998)           $ 2,408       271,556          
Effect or equity prior to the organizational transactions, Shares                   44,447,847   149,162,107                                                            
Common Units Exchanged For Common Stock Value                 $ 32                       $ (29,675)         $ 59,318                   $ (29,675)            
Common Units Exchanged For Common Stock Shares                 31,992,135                                                                  
Stock Repurchased and Retired During Period, Value         $ (183,616)       $ (8)                                 (183,608)                                
Stock Repurchased and Retired During Period, Shares                 (8,224,708)                                                                  
Impact Of IPO Alternative TRA Payments (761,706)                                 (29,047)             $ 29,047                   (761,706)              
Equity Grant Modification Alternative TRA Payments (6,312)                                               (18,645)                   12,333              
Issuance of common stock, shares               9,634 65,456,020   149,162,107                                                              
Preferred Blocker Merger                           $ (260,000)                     343,515                   (343,515)              
Tax Receivable Agreement Shares Issued                         (640,784)                                                          
Deferred Tax Assets, Investment In RGS LLC 61,143                                               61,143                                  
Members Equity Reclassification                                   157,882             (1,627,480)                   1,469,598              
Loss on extinguishment of related party subordinated promissory notes 0                                                                                  
Distributions declared - tax advances (11,155)                                                                   (11,155)              
Common Blocker Merger Value               $ 53         $ 1         $ (71,874)             147,331                   (75,479)         $ 21   $ 1
Common Blocker Merger Shares Issued               20,680,420         640,784                                                          
Stock Issued During Period, Value, New Issues 1,448,098               $ 65   $ 149                           $ 0 $ 1,448,033   $ (149)                       $ 0    
Forfeiture of common stock               (18,953)                                 0                             (0)    
Tax Receivable Agreement Liability And Deferred Taxes Arising From LLC interest Ownership Exchanges 984                                               $ 984                                  
Tax Receivable Agreement (282,471)                       $ 1                       (282,470)                                  
Deferred Tax Assets, Exchanges Of LLC Units 329,000                                               329,000                                  
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax           $ (1,645)                                                       $ (565)     $ (1,080)          
Net Income (Loss) Attributable to Parent 65,873                                                         $ (7,064)                        
Net Income (Loss) Attributable to Noncontrolling Interest (9,241)                                                                           $ (11,691)      
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance at Dec. 31, 2021 594,777                                               348,865       $ (7,064)   1,714       251,003         $ 110 $ 149  
Balance Ending at Dec. 31, 2021               109,894,548     149,162,107                                                         109,894,548 149,162,107  
Ending balance , Mezzanine Equity at Dec. 31, 2021 0                                                                                  
Net income attributable to the LLC before the Organizational Transactions     $ 0                                                                              
Net Income 163,257                                                       61,052           102,205              
Foreign currency translation adjustments (4,684)                                                           (1,670)       (3,014)              
Equity-based compensation expense 77,480                                               61,051                   16,429              
Change in share of equity method investment in related party other comprehensive income (loss) (5,774)                                                           (2,074)       (3,700)              
Common Units Exchanged For Common Stock Value                                                 8,937                   (8,937)         $ 2 $ (2)  
Common Units Exchanged For Common Stock Shares                                                                               1,968,793 (1,965,688)  
Issuance of common stock, shares                                                                               599,559 17,856  
Loss on extinguishment of related party subordinated promissory notes 0                                                                                  
Distributions declared - tax advances (28,728)                                                                   (28,728)              
Common Blocker Merger Value               $ 0         $ 0                                                          
Stock Issued During Period, Value, New Issues 772                                               771                             $ 1    
Forfeiture of common stock                                                                               (25,075)    
Forfeiture of common stock , value (1)                                                                             $ (1)    
Tax Receivable Agreement (1,501)                                               (1,501)                                  
Net Income (Loss) Attributable to Parent 61,052                                                                                  
Net Income (Loss) Attributable to Noncontrolling Interest 102,205                                                                                  
Gain on interest rate cap, net 22,214                                                           8,065       14,149              
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance at Dec. 31, 2022 817,812                                               $ 418,123       $ 53,988   $ 6,035       $ 339,407         $ 112 $ 147  
Balance Ending at Dec. 31, 2022                                                                               112,437,825 147,214,275  
Ending balance , Mezzanine Equity at Dec. 31, 2022 $ 0