Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Equity

v3.25.0.1
Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional paid-in capital
Retained earnings
Total stockholders' equity
Noncontrolling interests
Beginning Balance (in shares) at Dec. 31, 2021   46,281,091     620,147,000  
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)   $ (848)  
Stock-based compensation expense 3,647   3,647   3,647  
Contributions from noncontrolling interests 55,000         55,000
Distributions to noncontrolling interests $ (3,995)         (3,995)
Repurchase of common stock (in shares) (5,625,352) (5,625,352)        
Repurchase of common stock $ (40,547) $ (1) (40,546)   (40,547)  
Net income (loss) 75,665     73,551 $ 73,551 2,114
Ending Balance (in shares) at Dec. 31, 2022   40,884,268     655,950,000  
Ending 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   $ 37  
Cash paid for shares withheld for taxes (695)   (695)   (695)  
Stock-based compensation expense 3,088   3,088   3,088  
Distributions to noncontrolling interests (22,309)         (22,309)
Repurchase of common stock (in shares)   (3,635,033)        
Repurchase of common stock (34,738)   (34,738)   (34,738)  
Forfeiture and cancellation of Earnout Shares (in shares)   (1,000,000)        
Net income (loss) $ 32,650     29,236 $ 29,236 3,414
Ending Balance (in shares) at Dec. 31, 2023 36,520,894 36,520,894     652,878,000  
Ending balance at Dec. 31, 2023 $ 688,352 $ 4 465,290 187,584   35,474
Increase (Decrease) in Shareholders' Equity            
Shares issued under share-based awards (in shares)   188,449        
Stock options exercised (in shares)   141,948        
Stock options exercised 1,359   1,359   $ 1,359  
Cash paid for shares withheld for taxes (1,299)   (1,299)   (1,299)  
Stock-based compensation expense 3,522   3,522   3,522  
Distributions to noncontrolling interests (27,850)         (27,850)
Repurchase of common stock (in shares)   (534,436)        
Repurchase of common stock (6,509)   (6,509)   (6,509)  
Net income (loss) $ 18,534     17,231 $ 17,231 1,303
Ending Balance (in shares) at Dec. 31, 2024 36,316,855 36,316,855     667,182,000  
Ending balance at Dec. 31, 2024 $ 676,109 $ 4 $ 462,363 $ 204,815   $ 8,927