XML 86 R73.htm IDEA: XBRL DOCUMENT v3.24.0.1
Stock-Based Compensation - Narrative (Details)
12 Months Ended 24 Months Ended
Dec. 31, 2023
USD ($)
tranche
$ / shares
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Stock based compensation cost, tax benefit $ 9,300,000 $ 8,200,000 $ 5,800,000    
Number of tranches | tranche 2        
Class B common stock          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of awards issued | shares 1,656,679 4,655,214      
Fair value of awards vested $ 27,100,000 $ 73,900,000 $ 69,700,000    
Weighted-average grant date fair value of options granted (in dollars per share) | $ / shares     $ 13.42    
2021 Equity Incentive Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Unrecognized stock-based compensation cost $ 14,500,000        
2021 Equity Incentive Plan | Common Class A          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Common stock reserved for future issuance (in shares) | shares 41,467,020        
Incentive Unit Plan | Tranche One          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of awards issued | shares 3,000,000        
Participation threshold before modification $ 2.00        
Participation threshold after modification $ 3.00        
Incentive Unit Plan | Tranche Two          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of awards issued | shares 3,000,000        
Participation threshold before modification $ 2.00        
Participation threshold after modification $ 4.00        
Incentive Unit Plan | Tranche Three          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of awards issued | shares 1,000,000        
Participation threshold before modification $ 5.00        
Participation threshold after modification $ 6.00        
Incentive Unit Plan | Tranche Four          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of awards issued | shares 1,000,000        
Participation threshold before modification $ 5.00        
Participation threshold after modification 7.00        
Equity-classified awards          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Unrecognized stock-based compensation cost $ 94,200,000        
Unrecognized stock-based compensation cost, period for recognition 2 years 3 months 18 days        
Performance Restricted Stock Units (PRSUs)          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Unrecognized stock-based compensation cost $ 157,800,000        
Performance Restricted Stock Units (PRSUs) | Tranche One          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Eight quarter cumulative adjusted earnings per share (in dollars per share) | $ / shares $ 4.93        
Performance Restricted Stock Units (PRSUs) | Tranche Two          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Eight quarter cumulative adjusted earnings per share (in dollars per share) | $ / shares $ 6.16        
Performance Restricted Stock Units (PRSUs) | 2021 Equity Incentive Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of awards issued | shares 6,766,001 6,295,000      
Performance period 5 years        
Restricted stock units          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of awards vested $ 17,100,000 $ 13,000,000 $ 6,100,000    
Restricted stock units | 2021 Equity Incentive Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of awards issued | shares 8,893,831 6,364,022      
Granted (in dollars per share) | $ / shares $ 10.42        
Employee stock options          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Granted (in dollars per share) | $ / shares     $ 4.45    
Employee stock options | 2021 Equity Incentive Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Expiration period 10 years        
Minimum exercise price, percentage of fair market value of shares on date of grant 100.00%        
Weighted-average grant date fair value of options granted (in dollars per share) | $ / shares     $ 8.79    
Exercised aggregate intrinsic value     $ 100,000    
Restricted Stock Unit Equivalents (“RSU equivalents”) | 2021 Equity Incentive Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of awards issued | shares 6,173 4,846      
Granted (in dollars per share) | $ / shares $ 0        
ESPP | 2021 Employee Stock Purchase Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Maximum eligible employee compensation contribution percentage 15.00%        
Offering period 27 months        
ESPP | 2021 Employee Stock Purchase Plan | Common Class A          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of common stock available for sale (in shares) | shares 4,000,000        
Equity Classified Incentive Units          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Fair value of awards vested     $ 3,200,000    
Percentage of awards vesting 25.00%        
Award vesting period 4 years        
Granted (in dollars per share) | $ / shares     $ 9.06    
Vested aggregate intrinsic value     $ 0    
Liability Classified Incentive Unit Equivalents          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Award vesting period     5 years   4 years
Granted (in dollars per share) | $ / shares     $ 8.19    
Liability Classified Incentive Unit Equivalents | Tranche One          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Percentage of awards vesting       12.50% 25.00%
Liability Classified Incentive Unit Equivalents | Tranche Two          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Percentage of awards vesting       12.50% 25.00%
Liability Classified Incentive Unit Equivalents | Tranche Three          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Percentage of awards vesting       12.50% 25.00%
Liability Classified Incentive Unit Equivalents | Tranche Four          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Percentage of awards vesting       12.50% 25.00%
Liability Classified Incentive Unit Equivalents | Tranche Five          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Percentage of awards vesting       50.00%