Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity (Unaudited)

v3.23.1
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Stock Purchase Agreement
Blackstone Investor and BL Investor
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Stock Purchase Agreement
Blackstone Investor and BL Investor
Common Stock
Class B Common Stock
Additional Paid-in Capital
Additional Paid-in Capital
Stock Purchase Agreement
Blackstone Investor and BL Investor
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2021     60,755,069   15         128,693,867
Beginning balance at Dec. 31, 2021 $ 1,083,010   $ 6   $ 0 $ 831,620   $ (443,613) $ (110) $ 695,107
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (63,995) [1]             (8,493)   $ (55,502)
Equity-based compensation, net 13,104         13,104        
Conversion of LLC Units for Class A Common Stock (Note 26 - Equity) (in shares)     49,696             (49,696)
Conversion of LLC Units for Class A Common Stock (Note 26 - Equity) (25)         230       $ (255)
Settlement of LTIP RSUs, net (Note 26 - Equity) (in shares)     10,804             (10,804)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 26 - Equity) (10)         48       $ (58)
Foreign currency translation adjustment 11               11  
Ending balance (in shares) at Mar. 31, 2022     60,815,569   15         128,633,367
Ending balance at Mar. 31, 2022 1,032,095   $ 6   $ 0 845,002   (452,106) (99) $ 639,292
Beginning balance (in shares) at Dec. 31, 2021     60,755,069   15         128,693,867
Beginning balance at Dec. 31, 2021 1,083,010   $ 6   $ 0 831,620   (443,613) (110) $ 695,107
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 715,500                  
Ending balance (in shares) at Dec. 31, 2022     63,423,356   14         124,453,301
Ending balance at Dec. 31, 2022 404,841   $ 6   $ 0 888,488   (634,295) (273) $ 150,915
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 14,592 [1]             3,054   $ 11,538
Equity-based compensation, net 8,109         8,109        
Conversion of LLC Units for Class A Common Stock (Note 26 - Equity) (in shares)     3,601             (3,601)
Conversion of LLC Units for Class A Common Stock (Note 26 - Equity) 0         4       $ (4)
Settlement of LTIP RSUs, net (Note 26 - Equity) (in shares)     582,698             (582,698)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 26 - Equity) 91   $ 1     748       $ (658)
Foreign currency translation adjustment 64               64  
Settlement of other RSUs (in shares)     123,604              
Cancellation of shares to fund employee tax withholdings (Note 26 - Equity) (in shares)     (292,360)              
Cancellation of shares to fund employee tax withholdings (Note 26 - Equity) (437)         (437)        
Issuance of shares (Note 24 - Related-Party Transactions and Note 26 - Equity) (in shares)       21,739,132            
Issuance of shares (Note 24 - Related-Party Transactions and Note 26 - Equity)   $ 30,000   $ 2     $ 29,998      
Issuance of units (Note 3 - Acquisitions and Note 26 - Equity) (in shares)         1         19,692,990
Issuance of units (Note 3 - Acquisitions and Note 26 - Equity) 33,172                 $ 33,172
Ending balance (in shares) at Mar. 31, 2023     85,580,031   15         143,559,992
Ending balance at Mar. 31, 2023 $ 490,432   $ 9   $ 0 $ 926,910   $ (631,241) $ (209) $ 194,963
[1] (1) Amounts presented contain results from both continuing and discontinued operations. Refer to Note 4 - Discontinued Operations for additional information regarding cash flow associated with the results of discontinued operations.