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Temporary Equity, Equity and Dividends (Tables)
9 Months Ended
Sep. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
Share unit activity for the nine months ended September 30, 2023 is presented below:
Equity-classified awardsLiability-classified awards
PSUsPSUs with Market ConditionsRSUsDSUs
NumberWA grant
date fair
value
NumberWA grant
date fair
value
NumberWA grant
date fair
value
NumberWA grant
date fair
value
Outstanding, December 31, 2022662,634$51.71 102,879$66.08 68,024$58.32 108,365$39.35 
Granted93,55757.96 80,07085.33 424,59953.37 18,87754.01 
Assumed in IAA acquisition (Note 5)— — 366,37952.79 — 
Vested and settled(283,086)42.23 — (257,610)52.85 — 
Forfeited(57,492)60.58 (9,017)68.59 (9,064)57.16 — 
Outstanding at September 30, 2023415,613$58.35 173,932$74.81 592,328$53.75 127,242$41.53 
Schedule of Quarterly Dividends Declared and Paid
The Company declared and paid the following dividends to common stockholders during the nine months ended September 30, 2023 and 2022:
Common Stock
Declaration dateDividend
per share
Record dateTotal
dividends
Payment date
Nine months ended September 30, 2023:
Fourth quarter 2022January 20, 2023$0.27 February 10, 2023$30.0 March 3, 2023
Special DividendMarch 6, 2023$1.08 March 17, 2023$120.4 March 28, 2023
First quarter 2023May 9, 2023$0.27 May 30, 2023$49.1 June 20, 2023
Second quarter 2023August 2, 2023$0.27 August 23, 2023$49.2 September 13, 2023
Nine months ended September 30, 2022:
Fourth quarter 2021January 21, 2022$0.25 February 11, 2022$27.7 March 4, 2022
First quarter 2022May 6, 2022$0.25 May 27, 2022$27.7 June 17, 2022
Second quarter 2022August 3, 2022$0.27 August 24, 2022$29.9 September 14, 2022
Shares issued for business combination  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
RouseSmartEquipTotal
Common
shares
issued
Fair value
per common
shares
Common
shares
issued
Fair value
per common
shares
Common
shares
issued
Weighted average
fair value
per common
shares
Outstanding, December 31, 202285,560$71.09 42,646$68.39 128,206$70.19 
Vested(13,908)71.09 — (13,908)71.09 
Outstanding, September 30, 202371,652$71.09 42,646$68.39 114,298$70.08 
Outstanding, December 31, 2021189,665$71.09 63,971$68.39 253,636$70.41 
Vested(32,452)71.09 — (32,452)71.09 
Outstanding, September 30, 2022157,213$71.09 63,971$68.39 221,184$70.31