Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' and Members' Equity

v3.22.4
Consolidated Statements of Stockholders' and Members' Equity - USD ($)
$ in Thousands
Members' Equity
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Treasury Stock
Accumulated Deficit
Noncontrolling Interest
Class A Common Stock
Class B Common Stock
Total
Beginning Balance at Dec. 31, 2019 $ 545,508                 $ 545,508
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Capital contributions 13,203                 13,203
Class A Shares issued for Acquisitions 77,602                 77,602
Preferred Units Converted in Lieu of Cash Call 1,930                 1,930
Accretion and Dividend Related to Redeemable Preferred Units (4,335)                 (4,335)
Net Income 7                 7
Ending Balance at Dec. 31, 2020 633,915                 633,915
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Capital contributions 5                 5
Accretion and Dividend Related to Redeemable Preferred Units 21                 21
Net Loss Prior to Reorganization (10,330)                 (10,330)
Effect of Corporate Reorganization and IPO $ 623,611 $ (203) $ (332) $ (248,675)     $ (407,656)     (33,255)
Effect of Corporate Reorganization and IPO (in shares)   20,297,500 33,202,500              
Establish TRA Liability at IPO and Exchange of LLC Units for Class A Shares       (75,564)           (75,564)
Deferred Tax Assets Acquired       20,312           20,312
Exchange/Redemption of Class B Shares for Class A Shares   $ 15 $ (15) 18,885     (18,885)      
Exchange/Redemption of Class B Shares for Class A Shares (in shares)   1,486,396 (1,486,396)              
Stock-based Compensation Expense       618     968     1,586
Stock-based Compensation Expense (in shares)   74,126                
Dividends and Distributions ($0.09 per share)           $ (1,569) (2,278)     (3,847)
Purchase of Treasury Stock         $ (135)         (135)
Purchase of Treasury Stock (in shares)         10,191          
Net Income Subsequent to Reorganization           1,112 2,209     3,321
Net Income                   (7,009)
Ending Balance at Dec. 31, 2021   $ 218 $ 317 212,926   (457) 389,670     602,539
Ending Balance (in shares) at Dec. 31, 2021   21,858,022 31,716,104         21,847,831 31,716,104  
Treasury Stock, Ending Balance at Dec. 31, 2021         $ (135)         $ 135
Treasury Stock, Ending Balance (in shares) at Dec. 31, 2021         10,191         10,191
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Class A Shares issued for Acquisitions   $ 35   55,801     16,763     $ 72,599
Class A Shares issued for Acquisitions (in shares)   3,451,100                
Establish TRA Liability at IPO and Exchange of LLC Units for Class A Shares       (23,970)           (23,970)
Deferred Tax Assets Acquired       12,512           12,512
Exchange/Redemption of Class B Shares for Class A Shares   $ 41 $ (41) 52,433     (52,433)      
Exchange/Redemption of Class B Shares for Class A Shares (in shares)   4,140,585 (4,140,585)              
Stock-based Compensation Expense   $ 6   9,843     2,185     12,034
Stock-based Compensation Expense (in shares)   666,272                
Dividends and Distributions ($0.09 per share)           (8,965) (11,703)     (20,668)
Purchase of Treasury Stock         $ (2,756)         (2,756)
Purchase of Treasury Stock (in shares)         186,571          
Net Income           1,700 3,097     4,797
Ending Balance at Dec. 31, 2022   $ 300 $ 276 $ 319,545   $ (7,722) $ 347,579     657,087
Ending Balance (in shares) at Dec. 31, 2022   30,115,979 27,575,519         29,919,217 27,575,519  
Treasury Stock, Ending Balance at Dec. 31, 2022         $ (2,891)         $ 2,891
Treasury Stock, Ending Balance (in shares) at Dec. 31, 2022         196,762         196,762