Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
Total |
Class A Common Stock |
Class B Common Stock |
Total stockholders' equity |
Common stock
Class A Common Stock
|
Common stock
Class B Common Stock
|
Additional paid in capital |
Accumulated deficit |
Non-controlling interest |
Beginning balance (in shares) at Dec. 31, 2022 |
|
|
|
|
23,034
|
14,471
|
|
|
|
Beginning balance at Dec. 31, 2022 |
$ (33,624)
|
|
|
$ 10,670
|
$ 228
|
$ 146
|
$ 70,866
|
$ (60,570)
|
$ (44,294)
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net income (loss) |
(181)
|
|
|
(81)
|
|
|
|
(81)
|
(100)
|
Exercise of stock options (in shares) |
|
|
|
|
17
|
|
|
|
|
Exercise of stock options |
173
|
|
|
173
|
|
|
173
|
|
|
Equity-based compensation |
6,620
|
|
|
6,620
|
|
|
6,620
|
|
|
Activity under employee stock purchase plan (in shares) |
|
|
|
|
4
|
|
|
|
|
Activity under employee stock purchase plan |
201
|
|
|
201
|
|
|
201
|
|
|
Redemption of LLC Units (in shares) |
|
|
|
|
323
|
323
|
|
|
|
Redemption of LLC Units |
0
|
|
|
(990)
|
$ 3
|
$ (3)
|
(990)
|
|
990
|
Deferred tax adjustments related to Tax Receivable Agreement |
828
|
|
|
699
|
|
|
699
|
|
129
|
Reallocation of Non-controlling interest |
0
|
|
|
(103)
|
|
|
|
(103)
|
103
|
Ending balance (in shares) at Mar. 31, 2023 |
|
|
|
|
23,379
|
14,147
|
|
|
|
Ending balance at Mar. 31, 2023 |
(25,984)
|
|
|
17,189
|
$ 231
|
$ 143
|
77,569
|
(60,754)
|
(43,173)
|
Beginning balance (in shares) at Dec. 31, 2022 |
|
|
|
|
23,034
|
14,471
|
|
|
|
Beginning balance at Dec. 31, 2022 |
(33,624)
|
|
|
10,670
|
$ 228
|
$ 146
|
70,866
|
(60,570)
|
(44,294)
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net income (loss) |
18,272
|
|
|
|
|
|
|
|
|
Ending balance (in shares) at Sep. 30, 2023 |
|
|
|
|
24,446
|
13,415
|
|
|
|
Ending balance at Sep. 30, 2023 |
5,761
|
|
|
46,584
|
$ 244
|
$ 134
|
96,752
|
(50,546)
|
(40,823)
|
Beginning balance (in shares) at Mar. 31, 2023 |
|
|
|
|
23,379
|
14,147
|
|
|
|
Beginning balance at Mar. 31, 2023 |
(25,984)
|
|
|
17,189
|
$ 231
|
$ 143
|
77,569
|
(60,754)
|
(43,173)
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Distributions |
(5,206)
|
|
|
|
|
|
|
|
(5,206)
|
Net income (loss) |
7,180
|
|
|
3,666
|
|
|
|
3,666
|
3,514
|
Exercise of stock options (in shares) |
|
|
|
|
167
|
|
|
|
|
Exercise of stock options |
3,518
|
|
|
3,518
|
$ 2
|
|
3,516
|
|
|
Equity-based compensation |
5,872
|
|
|
5,872
|
|
|
5,872
|
|
|
Activity under employee stock purchase plan (in shares) |
|
|
|
|
2
|
|
|
|
|
Activity under employee stock purchase plan |
144
|
|
|
144
|
|
|
144
|
|
|
Redemption of LLC Units (in shares) |
|
|
|
|
352
|
352
|
|
|
|
Redemption of LLC Units |
0
|
|
|
(1,112)
|
$ 4
|
$ (4)
|
(1,112)
|
|
1,112
|
Deferred tax adjustments related to Tax Receivable Agreement |
1,027
|
|
|
870
|
|
|
870
|
|
157
|
Reallocation of Non-controlling interest |
0
|
|
|
(477)
|
|
|
|
(477)
|
477
|
Ending balance (in shares) at Jun. 30, 2023 |
|
|
|
|
23,900
|
13,795
|
|
|
|
Ending balance at Jun. 30, 2023 |
(13,448)
|
|
|
29,670
|
$ 237
|
$ 139
|
86,859
|
(57,565)
|
(43,118)
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Dividends declared |
(3,275)
|
|
|
|
|
|
|
|
(3,275)
|
Net income (loss) |
11,273
|
|
|
6,934
|
|
|
|
6,934
|
4,339
|
Exercise of stock options (in shares) |
|
|
|
|
164
|
|
|
|
|
Exercise of stock options |
3,366
|
|
|
3,366
|
$ 2
|
|
3,364
|
|
|
Equity-based compensation |
6,459
|
|
|
6,459
|
|
|
6,459
|
|
|
Activity under employee stock purchase plan (in shares) |
|
|
|
|
2
|
|
|
|
|
Activity under employee stock purchase plan |
135
|
|
|
135
|
|
|
135
|
|
|
Redemption of LLC Units (in shares) |
|
|
|
|
380
|
380
|
|
|
|
Redemption of LLC Units |
0
|
|
|
(1,154)
|
$ 4
|
$ (4)
|
(1,154)
|
|
1,154
|
Deferred tax adjustments related to Tax Receivable Agreement |
1,252
|
|
|
1,090
|
|
|
1,090
|
|
162
|
Reallocation of Non-controlling interest |
0
|
|
|
85
|
|
|
|
85
|
(85)
|
Ending balance (in shares) at Sep. 30, 2023 |
|
|
|
|
24,446
|
13,415
|
|
|
|
Ending balance at Sep. 30, 2023 |
5,761
|
|
|
46,584
|
$ 244
|
$ 134
|
96,752
|
(50,546)
|
(40,823)
|
Beginning balance (in shares) at Dec. 31, 2023 |
|
24,966
|
12,954
|
|
24,966
|
12,954
|
|
|
|
Beginning balance at Dec. 31, 2023 |
16,786
|
|
|
56,552
|
$ 250
|
$ 130
|
103,228
|
(47,056)
|
(39,766)
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Distributions |
(42)
|
|
|
|
|
|
|
|
(42)
|
Net income (loss) |
1,809
|
|
|
1,814
|
|
|
|
1,814
|
(5)
|
Exercise of stock options (in shares) |
|
|
|
|
65
|
|
|
|
|
Exercise of stock options |
1,863
|
|
|
1,863
|
$ 1
|
|
1,862
|
|
|
Equity-based compensation |
7,357
|
|
|
7,357
|
|
|
7,357
|
|
|
Activity under employee stock purchase plan (in shares) |
|
|
|
|
2
|
|
|
|
|
Activity under employee stock purchase plan |
146
|
|
|
146
|
|
|
146
|
|
|
Redemption of LLC Units (in shares) |
|
|
|
|
196
|
196
|
|
|
|
Redemption of LLC Units |
0
|
|
|
(605)
|
$ 2
|
$ (2)
|
(605)
|
|
605
|
Deferred tax adjustments related to Tax Receivable Agreement |
322
|
|
|
439
|
|
|
439
|
|
(117)
|
Reallocation of Non-controlling interest |
0
|
|
|
(217)
|
|
|
|
(217)
|
217
|
Ending balance (in shares) at Mar. 31, 2024 |
|
|
|
|
25,230
|
12,758
|
|
|
|
Ending balance at Mar. 31, 2024 |
28,240
|
|
|
67,349
|
$ 252
|
$ 128
|
112,428
|
(45,459)
|
(39,109)
|
Beginning balance (in shares) at Dec. 31, 2023 |
|
24,966
|
12,954
|
|
24,966
|
12,954
|
|
|
|
Beginning balance at Dec. 31, 2023 |
16,786
|
|
|
56,552
|
$ 250
|
$ 130
|
103,228
|
(47,056)
|
(39,766)
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Net income (loss) |
25,291
|
|
|
|
|
|
|
|
|
Redemption of LLC Units (in shares) |
|
232
|
232
|
|
|
|
|
|
|
Ending balance (in shares) at Sep. 30, 2024 |
|
24,369
|
12,722
|
|
24,369
|
12,722
|
|
|
|
Ending balance at Sep. 30, 2024 |
2,245
|
|
|
58,347
|
$ 244
|
$ 127
|
89,005
|
(31,029)
|
(56,102)
|
Beginning balance (in shares) at Mar. 31, 2024 |
|
|
|
|
25,230
|
12,758
|
|
|
|
Beginning balance at Mar. 31, 2024 |
28,240
|
|
|
67,349
|
$ 252
|
$ 128
|
112,428
|
(45,459)
|
(39,109)
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Distributions |
(2,346)
|
|
|
|
|
|
|
|
(2,346)
|
Stock Repurchases (in shares) |
|
|
|
|
(1,045)
|
|
|
|
|
Share Repurchases |
(63,633)
|
|
|
(41,963)
|
$ (10)
|
|
(41,953)
|
|
(21,670)
|
Net income (loss) |
10,875
|
|
|
6,198
|
|
|
|
6,198
|
4,677
|
Exercise of stock options (in shares) |
|
|
|
|
7
|
|
|
|
|
Exercise of stock options |
245
|
|
|
245
|
|
|
245
|
|
|
Equity-based compensation |
6,632
|
|
|
6,632
|
|
|
6,632
|
|
|
Activity under employee stock purchase plan (in shares) |
|
|
|
|
2
|
|
|
|
|
Activity under employee stock purchase plan |
128
|
|
|
128
|
|
|
128
|
|
|
Redemption of LLC Units (in shares) |
|
|
|
|
10
|
10
|
|
|
|
Redemption of LLC Units |
0
|
|
|
(29)
|
|
|
(29)
|
|
29
|
Deferred tax adjustments related to Tax Receivable Agreement |
126
|
|
|
295
|
|
|
295
|
|
(170)
|
Reallocation of Non-controlling interest |
0
|
|
|
912
|
|
|
|
912
|
(912)
|
Ending balance (in shares) at Jun. 30, 2024 |
|
|
|
|
24,205
|
12,748
|
|
|
|
Ending balance at Jun. 30, 2024 |
(19,733)
|
|
|
39,768
|
$ 242
|
$ 127
|
77,748
|
(38,349)
|
(59,501)
|
Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
Distributions |
(2,084)
|
|
|
|
|
|
|
|
(2,084)
|
Share Repurchases |
(123)
|
|
|
(81)
|
|
|
81
|
|
(42)
|
Net income (loss) |
12,607
|
|
|
7,559
|
|
|
|
7,559
|
5,048
|
Exercise of stock options (in shares) |
|
|
|
|
138
|
|
|
|
|
Exercise of stock options |
4,003
|
|
|
4,003
|
$ 1
|
|
4,001
|
|
|
Equity-based compensation |
7,093
|
|
|
7,093
|
|
|
7,093
|
|
|
Activity under employee stock purchase plan (in shares) |
|
|
|
|
1
|
|
|
|
|
Activity under employee stock purchase plan |
102
|
|
|
102
|
|
|
102
|
|
|
Redemption of LLC Units (in shares) |
|
26
|
26
|
|
26
|
26
|
|
|
|
Redemption of LLC Units |
0
|
|
|
(114)
|
|
|
(114)
|
|
114
|
Deferred tax adjustments related to Tax Receivable Agreement |
135
|
|
|
95
|
|
|
95
|
|
40
|
Reallocation of Non-controlling interest |
0
|
|
|
(239)
|
|
|
|
(239)
|
239
|
Ending balance (in shares) at Sep. 30, 2024 |
|
24,369
|
12,722
|
|
24,369
|
12,722
|
|
|
|
Ending balance at Sep. 30, 2024 |
$ 2,245
|
|
|
$ 58,347
|
$ 244
|
$ 127
|
$ 89,005
|
$ (31,029)
|
$ (56,102)
|