Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Equity - (Unaudited)

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Consolidated Statements of Equity - (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in capital
Retained earnings
Total stockholders' equity
Noncontrolling interests
Beginning balance (in shares) at Dec. 31, 2022   40,884,268        
Beginning balance at Dec. 31, 2022 $ 710,319 $ 4 $ 497,598 $ 158,348 $ 655,950 $ 54,369
Increase (Decrease) in Shareholders' Equity            
Shares issued under share-based awards (in shares)   267,782        
Cash paid for shares withheld for taxes (695)   (695)   (695)  
Stock-based compensation 1,370   1,370   1,370  
Repurchase of common stock and associated tax (in shares)   (968,869)        
Repurchase of common stock and associated tax (7,532)   (7,532)   (7,532)  
Forfeiture and cancellation of Earnout Shares (in shares)   (1,000,000)        
Distributions to noncontrolling interests (1,845)         (1,845)
Net income 9,989     8,165 8,165 1,824
Ending balance (in shares) at Jun. 30, 2023   39,183,181        
Ending balance at Jun. 30, 2023 711,606 $ 4 490,741 166,513 657,258 54,348
Beginning balance (in shares) at Mar. 31, 2023   40,019,283        
Beginning balance at Mar. 31, 2023 712,618 $ 4 496,687 161,566 658,257 54,361
Increase (Decrease) in Shareholders' Equity            
Shares issued under share-based awards (in shares)   132,767        
Cash paid for shares withheld for taxes (145)   (145)   (145)  
Stock-based compensation 1,731   1,731   1,731  
Repurchase of common stock and associated tax (in shares)   (968,869)        
Repurchase of common stock and associated tax (7,532)   (7,532)   (7,532)  
Distributions to noncontrolling interests (932)         (932)
Net income 5,866     4,947 4,947 919
Ending balance (in shares) at Jun. 30, 2023   39,183,181        
Ending balance at Jun. 30, 2023 $ 711,606 $ 4 490,741 166,513 657,258 54,348
Beginning balance (in shares) at Dec. 31, 2023 36,520,894 36,520,894        
Beginning balance at Dec. 31, 2023 $ 688,352 $ 4 465,290 187,584 652,878 35,474
Increase (Decrease) in Shareholders' Equity            
Shares issued under share-based awards (in shares)   188,449        
Stock options exercised (in shares)   100,485        
Stock options exercised 976   976   976  
Cash paid for shares withheld for taxes (1,299)   (1,299)   (1,299)  
Stock-based compensation 1,543   1,543   1,543  
Repurchase of common stock and associated tax (in shares)   (534,436)        
Repurchase of common stock and associated tax (6,509)   (6,509)   (6,509)  
Distributions to noncontrolling interests (14,150)         (14,150)
Net income $ 3,969     3,075 3,075 894
Ending balance (in shares) at Jun. 30, 2024 36,275,392 36,275,392        
Ending balance at Jun. 30, 2024 $ 672,882 $ 4 460,001 190,659 650,664 22,218
Beginning balance (in shares) at Mar. 31, 2024   36,129,736        
Beginning balance at Mar. 31, 2024 676,524 $ 4 459,521 187,774 647,299 29,225
Increase (Decrease) in Shareholders' Equity            
Shares issued under share-based awards (in shares)   117,197        
Stock options exercised (in shares)   28,459        
Stock options exercised 240   240   240  
Cash paid for shares withheld for taxes (625)   (625)   (625)  
Stock-based compensation 865   865   865  
Distributions to noncontrolling interests (7,357)         (7,357)
Net income $ 3,235     2,885 2,885 350
Ending balance (in shares) at Jun. 30, 2024 36,275,392 36,275,392        
Ending balance at Jun. 30, 2024 $ 672,882 $ 4 $ 460,001 $ 190,659 $ 650,664 $ 22,218