Condensed Consolidated Statements of Capital - USD ($)
$ in Thousands |
3 Months Ended |
6 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
| Beginning balance |
$ 1,856,801
|
$ 1,865,612
|
$ 1,868,047
|
$ 1,900,378
|
| Net income |
50,555
|
(10,972)
|
40,821
|
(47,741)
|
| Share-based compensation expense |
930
|
661
|
1,693
|
4,764
|
| Reacquisition of share-based compensation awards for tax-withholding purposes |
|
|
(202)
|
(2,736)
|
| Other comprehensive income—net of tax |
40
|
13
|
81
|
26
|
| Tax distributions to noncontrolling interests |
|
|
(1,974)
|
(435)
|
| Adjustment to liability recognized under tax receivable agreement - net of tax |
|
|
(140)
|
1,058
|
| Adjustment of noncontrolling interest in the Operating Company |
|
|
0
|
0
|
| Ending balance |
$ 1,908,326
|
$ 1,855,314
|
$ 1,908,326
|
$ 1,855,314
|
| Common Stock | Class A Common Shares |
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
| Beginning Balance (in shares) |
69,199,938
|
69,068,354
|
69,068,354
|
70,107,552
|
| Reacquisition of share-based compensation awards for tax-withholding purposes (in shares) |
|
|
(83,660)
|
(417,716)
|
| Issuance of share-based compensation awards, net of forfeitures (in shares) |
|
|
215,244
|
(621,482)
|
| Ending Balance (in shares) |
69,199,938
|
69,068,354
|
69,199,938
|
69,068,354
|
| Common Stock | Class B Common Shares |
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
| Beginning Balance (in shares) |
79,233,544
|
79,233,544
|
79,233,544
|
79,233,544
|
| Ending Balance (in shares) |
79,233,544
|
79,233,544
|
79,233,544
|
79,233,544
|
| Contributed Capital |
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
| Beginning balance |
$ 588,704
|
$ 585,606
|
$ 587,733
|
$ 587,587
|
| Share-based compensation expense |
930
|
661
|
1,693
|
4,764
|
| Reacquisition of share-based compensation awards for tax-withholding purposes |
|
|
(202)
|
(2,736)
|
| Adjustment to liability recognized under tax receivable agreement - net of tax |
|
|
(140)
|
1,058
|
| Adjustment of noncontrolling interest in the Operating Company |
|
|
550
|
(4,406)
|
| Ending balance |
589,634
|
586,267
|
589,634
|
586,267
|
| Retained Earnings |
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
| Beginning balance |
28,850
|
31,659
|
33,386
|
48,789
|
| Net income |
23,571
|
(5,111)
|
19,035
|
(22,241)
|
| Ending balance |
52,421
|
26,548
|
52,421
|
26,548
|
| Accumulated Other Comprehensive Loss |
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
| Beginning balance |
(2,964)
|
(1,933)
|
(2,988)
|
(1,952)
|
| Other comprehensive income—net of tax |
25
|
8
|
51
|
16
|
| Adjustment of noncontrolling interest in the Operating Company |
|
|
(2)
|
11
|
| Ending balance |
(2,939)
|
(1,925)
|
(2,939)
|
(1,925)
|
| Total Members’ Capital |
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
| Beginning balance |
614,590
|
615,332
|
618,131
|
634,424
|
| Net income |
23,571
|
(5,111)
|
19,035
|
(22,241)
|
| Share-based compensation expense |
930
|
661
|
1,693
|
4,764
|
| Reacquisition of share-based compensation awards for tax-withholding purposes |
|
|
(202)
|
(2,736)
|
| Other comprehensive income—net of tax |
25
|
8
|
51
|
16
|
| Adjustment to liability recognized under tax receivable agreement - net of tax |
|
|
(140)
|
1,058
|
| Adjustment of noncontrolling interest in the Operating Company |
|
|
548
|
(4,395)
|
| Ending balance |
639,116
|
610,890
|
639,116
|
610,890
|
| Noncontrolling Interests |
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
| Beginning balance |
1,242,211
|
1,250,280
|
1,249,916
|
1,265,954
|
| Net income |
26,984
|
(5,861)
|
21,786
|
(25,500)
|
| Other comprehensive income—net of tax |
15
|
5
|
30
|
10
|
| Tax distributions to noncontrolling interests |
|
|
(1,974)
|
(435)
|
| Adjustment of noncontrolling interest in the Operating Company |
|
|
(548)
|
4,395
|
| Ending balance |
$ 1,269,210
|
$ 1,244,424
|
$ 1,269,210
|
$ 1,244,424
|