Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

v3.22.4
Consolidated Statements of Equity - USD ($)
Total
Common Stock
Additional paid-in capital
Retained earnings
Noncontrolling Interests
Beginning Balance (in shares) at Dec. 31, 2019   32,557,303      
Beginning balance at Dec. 31, 2019 $ 583,370,000 $ 3,000 $ 524,513,000 $ 40,962,000 $ 17,892,000
Increase (Decrease) in Shareholders' Equity          
Contributions from noncontrolling interests 198,000       198,000
Distributions to noncontrolling interests (15,414,000)       (15,414,000)
Net (loss) income (9,084,000)     (8,951,000) (133,000)
Net transfers from parent $ (29,584,000)   (28,342,000)   (1,242,000)
Ending Balance (in shares) at Dec. 31, 2020 32,600,000 32,557,303      
Ending balance at Dec. 31, 2020 $ 529,486,000 $ 3,000 496,171,000 32,011,000 1,301,000
Increase (Decrease) in Shareholders' Equity          
Stock-based compensation expense 5,808,000   5,808,000    
Net (loss) income 52,735,000     52,786,000 (51,000)
Recapitalization transaction, net of fees and deferred taxes (in shares)   13,673,722      
Recapitalization transaction, net of fees and deferred taxes $ 33,368,000 $ 2,000 33,366,000    
Vesting of restricted stock units (in shares)   50,066      
Ending Balance (in shares) at Dec. 31, 2021 46,281,091 46,281,091      
Ending balance at Dec. 31, 2021 $ 621,397,000 $ 5,000 535,345,000 84,797,000 1,250,000
Increase (Decrease) in Shareholders' Equity          
Stock-based plan activity (in shares)   228,529      
Cash paid for shares withheld for taxes (848,000)   (848,000)    
Stock-based compensation expense 3,647,000   3,647,000    
Contributions from noncontrolling interests 55,000,000       55,000,000
Distributions to noncontrolling interests (3,995,000)       (3,995,000)
Repurchase of common stock (in shares)   (5,625,352)      
Repurchase of common stock (40,547,000) $ (1,000) (40,546,000)    
Net (loss) income $ 75,665,000     73,551,000 2,114,000
Ending Balance (in shares) at Dec. 31, 2022 40,884,268 40,884,268      
Ending balance at Dec. 31, 2022 $ 710,319,000 $ 4,000 $ 497,598,000 $ 158,348,000 $ 54,369,000