Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity - (Unaudited)

v3.23.3
Consolidated Statements of Equity - (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in capital
Retained earnings
Noncontrolling interests
Beginning balance (in shares) at Dec. 31, 2021   46,281,091      
Beginning balance at Dec. 31, 2021 $ 621,397 $ 5 $ 535,345 $ 84,797 $ 1,250
Increase (Decrease) in Shareholders' Equity          
Shares issued under share-based awards (in shares)   228,529      
Cash paid for shares withheld for taxes (848)   (848)    
Stock-based compensation expense 2,780   2,780    
Repurchase of common stock and associated tax (in shares)   (5,559,577)      
Repurchase of common stock and associated tax (40,200) $ (1) (40,199)    
Contributions from noncontrolling interests 55,000       55,000
Distributions to noncontrolling interests (3,072)       (3,072)
Net income (loss) 49,196     47,970 1,226
Ending balance (in shares) at Sep. 30, 2022   40,950,043      
Ending balance at Sep. 30, 2022 684,253 $ 4 497,078 132,767 54,404
Beginning balance (in shares) at Jun. 30, 2022   40,925,579      
Beginning balance at Jun. 30, 2022 665,136 $ 4 496,170 112,797 56,165
Increase (Decrease) in Shareholders' Equity          
Shares issued under share-based awards (in shares)   24,464      
Stock-based compensation expense 908   908    
Distributions to noncontrolling interests (3,072)       (3,072)
Net income (loss) 21,281     19,970 1,311
Ending balance (in shares) at Sep. 30, 2022   40,950,043      
Ending balance at Sep. 30, 2022 $ 684,253 $ 4 497,078 132,767 54,404
Beginning balance (in shares) at Dec. 31, 2022 40,884,268 40,884,268      
Beginning balance at Dec. 31, 2022 $ 710,319 $ 4 497,598 158,348 54,369
Increase (Decrease) in Shareholders' Equity          
Shares issued under share-based awards (in shares)   267,782      
Stock options exercised (in shares)   3,877      
Stock options exercised 37   37    
Cash paid for shares withheld for taxes (695)   (695)    
Stock-based compensation expense 2,249   2,249    
Repurchase of common stock and associated tax (in shares)   (2,360,736)      
Repurchase of common stock and associated tax (21,352)   (21,352)    
Forfeiture and cancellation of Earnout Shares (in shares)   (1,000,000)      
Distributions to noncontrolling interests (8,583)       (8,583)
Net income (loss) $ 19,472     16,761 2,711
Ending balance (in shares) at Sep. 30, 2023 37,795,191 37,795,191      
Ending balance at Sep. 30, 2023 $ 701,447 $ 4 477,837 175,109 48,497
Beginning balance (in shares) at Jun. 30, 2023   39,183,181      
Beginning balance at Jun. 30, 2023 711,606 $ 4 490,741 166,513 54,348
Increase (Decrease) in Shareholders' Equity          
Stock options exercised (in shares)   3,877      
Stock options exercised 37   37    
Stock-based compensation expense 879   879    
Repurchase of common stock and associated tax (in shares)   (1,391,867)      
Repurchase of common stock and associated tax (13,820)   (13,820)    
Distributions to noncontrolling interests (6,738)       (6,738)
Net income (loss) $ 9,483     8,596 887
Ending balance (in shares) at Sep. 30, 2023 37,795,191 37,795,191      
Ending balance at Sep. 30, 2023 $ 701,447 $ 4 $ 477,837 $ 175,109 $ 48,497