CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands |
Total |
Performance Stock Units |
Common Class C |
Common Class A |
Common Stock |
Common Stock
Common Class C
|
Common Stock
Common Class A
|
Common Stock
Common Class A
Performance Stock Units
|
Common Stock
Convertible Class C
|
Additional Paid-In Capital |
Additional Paid-In Capital
Performance Stock Units
|
Retained Earnings (Accumulated Deficit) |
Total Shareholders’ Equity |
Total Shareholders’ Equity
Performance Stock Units
|
Noncontrolling Interest |
Conversion of Class C Common Stock to Class A Common Stock
Common Stock
Common Class C
|
Conversion of Class C Common Stock to Class A Common Stock
Common Stock
Common Class A
|
Conversion of Class C Common Stock to Class A Common Stock
Additional Paid-In Capital
|
Conversion of Class C Common Stock to Class A Common Stock
Total Shareholders’ Equity
|
Conversion of Class C Common Stock to Class A Common Stock
Noncontrolling Interest
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, shares issued (in shares) |
|
|
|
|
294,261,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at beginning of period at Dec. 31, 2021 |
$ 2,750,720
|
|
|
|
$ 29
|
$ 0
|
|
|
|
$ 3,013,017
|
|
$ (262,326)
|
$ 2,750,720
|
|
$ 0
|
|
|
|
|
|
| Common shares outstanding at beginning of period (in shares) at Dec. 31, 2021 |
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock forfeited |
|
|
|
|
(52,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock option exercises (in shares) |
|
|
|
|
|
|
3,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock option exercises |
(1)
|
|
|
|
|
|
|
|
|
(1)
|
|
|
(1)
|
|
|
|
|
|
|
|
| Issuance of Common Stock under Employee Stock Purchase Plan (in shares) |
|
|
|
|
53,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of Common Stock under Employee Stock Purchase Plan |
(268)
|
|
|
|
|
|
|
|
|
(268)
|
|
|
(268)
|
|
|
|
|
|
|
|
| Stock-based compensation - equity awards |
5,545
|
|
|
|
|
|
|
|
|
5,545
|
|
|
5,545
|
|
|
|
|
|
|
|
| Net income (loss) |
|
|
|
|
|
|
|
|
|
|
|
15,802
|
15,802
|
|
|
|
|
|
|
|
| Common shares outstanding at end of period (in shares) at Mar. 31, 2022 |
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at end of period at Mar. 31, 2022 |
|
|
|
|
$ 29
|
$ 0
|
|
|
|
3,017,572
|
|
(246,524)
|
2,771,077
|
|
0
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, Restricted Stock Award, Gross |
|
|
|
|
|
|
20,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted Stock, Shares Issued Net of Shares for Tax Withholdings |
|
|
|
|
|
|
(150,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted Stock, Value, Shares Issued Net of Tax Withholdings |
(1,259)
|
|
|
|
|
|
|
|
|
(1,259)
|
|
|
(1,259)
|
|
|
|
|
|
|
|
| Balance at beginning of period at Dec. 31, 2021 |
2,750,720
|
|
|
|
29
|
$ 0
|
|
|
|
3,013,017
|
|
(262,326)
|
2,750,720
|
|
0
|
|
|
|
|
|
| Common shares outstanding at beginning of period (in shares) at Dec. 31, 2021 |
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
207,628
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common shares outstanding at end of period (in shares) at Jun. 30, 2022 |
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at end of period at Jun. 30, 2022 |
2,969,568
|
|
|
|
30
|
$ 0
|
|
|
|
3,024,236
|
|
(54,698)
|
2,969,568
|
|
0
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Less: Net (income) loss attributable to noncontrolling interest |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at beginning of period at Dec. 31, 2021 |
2,750,720
|
|
|
|
29
|
$ 0
|
|
|
|
3,013,017
|
|
(262,326)
|
2,750,720
|
|
0
|
|
|
|
|
|
| Common shares outstanding at beginning of period (in shares) at Dec. 31, 2021 |
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common shares outstanding at end of period (in shares) at Dec. 31, 2022 |
|
|
269,300,000
|
288,532,257
|
|
269,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at end of period at Dec. 31, 2022 |
5,656,296
|
|
|
|
$ 30
|
$ 27
|
|
|
|
2,698,465
|
|
237,226
|
2,935,748
|
|
2,720,548
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, shares issued (in shares) |
|
|
|
|
294,135,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at beginning of period at Mar. 31, 2022 |
|
|
|
|
$ 29
|
$ 0
|
|
|
|
3,017,572
|
|
(246,524)
|
2,771,077
|
|
0
|
|
|
|
|
|
| Common shares outstanding at beginning of period (in shares) at Mar. 31, 2022 |
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock forfeited |
|
|
|
|
(75,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock option exercises (in shares) |
|
|
|
|
2,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock option exercises |
(7)
|
|
|
|
|
|
|
|
|
(7)
|
|
|
(7)
|
|
|
|
|
|
|
|
| Stock-based compensation - equity awards |
6,657
|
|
|
|
|
|
|
|
|
6,657
|
|
|
6,657
|
|
|
|
|
|
|
|
| Net income (loss) |
191,826
|
|
|
|
|
|
|
|
|
|
|
191,826
|
191,826
|
|
|
|
|
|
|
|
| Common shares outstanding at end of period (in shares) at Jun. 30, 2022 |
|
|
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at end of period at Jun. 30, 2022 |
2,969,568
|
|
|
|
$ 30
|
$ 0
|
|
|
|
3,024,236
|
|
(54,698)
|
2,969,568
|
|
0
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, Restricted Stock Award, Gross |
|
|
|
|
|
|
2,998,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Less: Net (income) loss attributable to noncontrolling interest |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock issued |
1
|
|
|
|
|
|
$ 1
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
| Common stock, shares issued (in shares) |
|
|
|
|
297,060,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, shares issued (in shares) |
|
|
269,300,000
|
298,640,260
|
298,640,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at beginning of period at Dec. 31, 2022 |
5,656,296
|
|
|
|
$ 30
|
$ 27
|
|
|
|
2,698,465
|
|
237,226
|
2,935,748
|
|
2,720,548
|
|
|
|
|
|
| Common shares outstanding at beginning of period (in shares) at Dec. 31, 2022 |
|
|
269,300,000
|
288,532,257
|
|
269,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock forfeited |
|
|
|
|
|
|
(298,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Performance stock vested and issued |
|
|
|
|
|
|
|
(5,406,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock option exercises (in shares) |
|
|
|
|
39,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock purchased from employees for taxes due upon share vesting |
32,160
|
$ 0
|
|
|
|
|
|
|
|
32,160
|
$ 0
|
|
32,160
|
$ 0
|
|
|
|
|
|
|
| Stock option exercises |
(231)
|
|
|
|
|
|
|
|
|
(231)
|
|
|
(231)
|
|
|
|
|
|
|
|
| Issuance of Common Stock under Employee Stock Purchase Plan (in shares) |
|
|
|
|
56,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of Common Stock under Employee Stock Purchase Plan |
(241)
|
|
|
|
|
|
|
|
|
(241)
|
|
|
(241)
|
|
|
|
|
|
|
|
| Stock-based compensation - equity awards |
17,871
|
|
|
|
|
|
|
|
|
17,871
|
|
|
17,871
|
|
|
|
|
|
|
|
| Net income (loss) |
219,801
|
|
|
|
|
|
|
|
|
|
|
102,120
|
102,120
|
|
|
|
|
|
|
|
| Common shares outstanding at end of period (in shares) at Mar. 31, 2023 |
|
|
|
|
|
245,644,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at end of period at Mar. 31, 2023 |
5,808,686
|
|
|
|
$ 32
|
$ 25
|
|
|
|
2,891,528
|
|
323,677
|
3,215,262
|
|
2,593,424
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock Issued During Period, Shares, Restricted Stock Award, Gross |
|
|
|
|
|
|
359,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted Stock, Shares Issued Net of Shares for Tax Withholdings |
|
|
|
|
|
|
(3,384,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Conversion of common shares from Class C to Class A, net of tax (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20,906,000
|
20,906,000
|
|
|
|
| Stock Issued During Period, Value, Conversion of Convertible Securities |
2,416
|
|
|
|
|
|
$ 2
|
|
$ 2
|
|
|
|
|
|
|
|
|
$ 217,280
|
$ 217,280
|
$ 214,864
|
| Equity Impact, Tax Expense (Benefit) |
3,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equity impact from changes in Common Units, net of tax benefit of $3.0 million |
3,027
|
|
|
|
|
|
|
|
|
(10,400)
|
|
|
10,400
|
|
(13,427)
|
|
|
|
|
|
| Less: Net (income) loss attributable to noncontrolling interest |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(117,681)
|
| Dividends |
(15,669)
|
|
|
|
|
|
|
|
|
|
|
(15,669)
|
(15,669)
|
|
|
|
|
|
|
|
| Distributions to noncontrolling interest owners |
(13,950)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(13,950)
|
|
|
|
|
|
| Share repurchase |
$ (29,418)
|
|
|
|
|
|
|
|
|
0
|
|
|
0
|
|
(29,418)
|
|
|
|
|
|
| Stock Repurchased and Retired During Period, Shares |
(2,750,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at beginning of period at Dec. 31, 2022 |
$ 5,656,296
|
|
|
|
30
|
$ 27
|
|
|
|
2,698,465
|
|
237,226
|
2,935,748
|
|
2,720,548
|
|
|
|
|
|
| Common shares outstanding at beginning of period (in shares) at Dec. 31, 2022 |
|
|
269,300,000
|
288,532,257
|
|
269,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock option exercises (in shares) |
46,834
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
$ 368,755
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common shares outstanding at end of period (in shares) at Jun. 30, 2023 |
|
|
244,632,559
|
319,646,487
|
|
244,633,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at end of period at Jun. 30, 2023 |
5,926,010
|
|
|
|
$ 33
|
$ 24
|
|
|
|
2,944,785
|
|
363,881
|
3,308,723
|
|
2,617,287
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Conversion of common shares from Class C to Class A, net of tax (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21,917,000
|
|
|
|
| Less: Net (income) loss attributable to noncontrolling interest |
193,236
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, shares issued (in shares) |
|
|
|
|
321,724,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at beginning of period at Mar. 31, 2023 |
5,808,686
|
|
|
|
$ 32
|
$ 25
|
|
|
|
$ 2,891,528
|
|
323,677
|
3,215,262
|
|
2,593,424
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock issued (in shares) |
|
|
|
|
373,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common shares outstanding at beginning of period (in shares) at Mar. 31, 2023 |
|
|
|
|
|
245,644,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock forfeited |
|
|
|
|
(357,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Performance stock vested and issued |
|
|
|
|
|
|
|
(3,290,000)
|
|
1,000
|
|
|
|
|
|
|
|
|
|
|
| Stock option exercises (in shares) |
|
|
|
|
7,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock purchased from employees for taxes due upon share vesting |
5,949
|
|
|
|
|
|
|
|
|
$ 5,948
|
|
|
5,949
|
|
|
|
|
|
|
|
| Stock option exercises |
1
|
|
|
|
|
|
|
|
|
1
|
|
|
1
|
|
|
|
|
|
|
|
| Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Vested |
|
|
|
|
|
|
|
$ 1
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation - equity awards |
35,694
|
|
|
|
|
|
|
|
|
35,694
|
|
|
35,694
|
|
|
|
|
|
|
|
| Net income (loss) |
148,954
|
|
|
|
|
|
|
|
|
|
|
73,399
|
73,399
|
|
|
|
|
|
|
|
| Common shares outstanding at end of period (in shares) at Jun. 30, 2023 |
|
|
244,632,559
|
319,646,487
|
|
244,633,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance at end of period at Jun. 30, 2023 |
5,926,010
|
|
|
|
$ 33
|
$ 24
|
|
|
|
2,944,785
|
|
363,881
|
3,308,723
|
|
2,617,287
|
|
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted Stock, Shares Issued Net of Shares for Tax Withholdings |
|
|
|
|
|
|
(602,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Conversion of common shares from Class C to Class A, net of tax (in shares) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,011,000
|
1,011,000
|
|
|
|
| Stock Issued During Period, Value, Conversion of Convertible Securities |
57
|
|
|
|
|
|
$ 1
|
|
$ 1
|
|
|
|
|
|
|
|
|
$ 10,882
|
$ 10,882
|
10,825
|
| Equity Impact, Tax Expense (Benefit) |
(3,700)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Equity impact from changes in Common Units, net of tax benefit of $3.0 million |
(3,678)
|
|
|
|
|
|
|
|
|
$ 12,631
|
|
|
(12,631)
|
|
16,309
|
|
|
|
|
|
| Less: Net (income) loss attributable to noncontrolling interest |
75,555
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ (75,555)
|
| Dividends |
(33,195)
|
|
|
|
|
|
|
|
|
|
|
$ (33,195)
|
(33,195)
|
|
|
|
|
|
|
|
| Distributions to noncontrolling interest owners |
$ (24,558)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ (24,558)
|
|
|
|
|
|
| Stock Repurchased and Retired During Period, Shares |
(2,800,000)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted Stock, Value, Shares Issued Net of Tax Withholdings |
|
|
|
|
|
|
$ (1)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Restricted stock issued |
$ 0
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
$ 0
|
|
|
|
|
|
|
|
| Common stock, shares issued (in shares) |
|
|
244,632,559
|
325,446,375
|
325,446,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|