Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity (Unaudited)

v3.23.2
Condensed Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Common Class A
Common Stock
Common Class B
Additional Paid-in Capital
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 loss (231,818) [1]       (49,173)   (182,645)
Noncontrolling interest contributions 42           42
Noncontrolling interest distributions (192)           $ (192)
Equity-based compensation, net 20,883     20,883      
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (in shares)   108,113         (108,113)
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (116)     424     $ (540)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 24 - Equity) (in shares)   3,172,247         (3,172,247)
Settlement of LTIP RSUs, net (Note 24 - Equity) (4,751)     11,011     $ (15,762)
Settlement of other RSUs (in shares)   93,455          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (in shares)   (1,654,331)          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (3,706)     (3,706)      
Foreign currency translation adjustment (152)         (152)  
Ending balance (in shares) at Jun. 30, 2022   62,474,553 15       125,413,507
Ending balance at Jun. 30, 2022 863,200 $ 6 $ 0 860,232 (492,786) (262) $ 496,010
Beginning balance (in shares) at Mar. 31, 2022   60,815,569 15       128,633,367
Beginning balance at Mar. 31, 2022 1,032,095 $ 6 $ 0 845,002 (452,106) (99) $ 639,292
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (167,823)       (40,680)   (127,143)
Noncontrolling interest contributions 42           42
Noncontrolling interest distributions (192)           $ (192)
Equity-based compensation, net 7,779     7,779      
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (in shares)   58,417         (58,417)
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (91)     194     $ (285)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 24 - Equity) (in shares)   3,161,443         (3,161,443)
Settlement of LTIP RSUs, net (Note 24 - Equity) (4,741)     10,963     $ (15,704)
Settlement of other RSUs (in shares)   93,455          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (in shares)   (1,654,331)          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (3,706)     (3,706)      
Foreign currency translation adjustment (163)         (163)  
Ending balance (in shares) at Jun. 30, 2022   62,474,553 15       125,413,507
Ending balance at Jun. 30, 2022 863,200 $ 6 $ 0 860,232 (492,786) (262) $ 496,010
Beginning balance (in shares) at Dec. 31, 2022   63,423,356 14       124,453,301
Beginning balance at Dec. 31, 2022 404,841 $ 6 $ 0 888,488 (634,295) (273) $ 150,915
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (207,889) [1]       (76,086)   $ (131,803)
Equity-based compensation, net 15,361     15,361      
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (in shares)   4,081         (4,081)
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) 0     4     $ (4)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 24 - Equity) (in shares)   2,598,587         (2,598,587)
Settlement of LTIP RSUs, net (Note 24 - Equity) 90     3,919     $ (3,830)
Settlement of other RSUs (in shares)   1,302,806          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (in shares)   (1,440,044)          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (1,859)     (1,859)      
Issuance of shares (Note 22 - Related-Party Transactions and Note 24 - Equity) (in shares)   21,739,132          
Issuance of shares (Note 22 - Related-Party Transactions and Note 24 - Equity) 30,000 $ 2   29,998      
Issuance of units (Note 3 - Acquisitions and Note 24 - Equity) (in shares)     1       19,692,990
Issuance of units (Note 3 - Acquisitions and Note 24 - Equity) 33,172           $ 33,172
Foreign currency translation adjustment 19         19  
Ending balance (in shares) at Jun. 30, 2023   87,627,918 15       141,543,623
Ending balance at Jun. 30, 2023 273,735 $ 9 $ 0 935,911 (710,381) (254) $ 48,450
Beginning balance (in shares) at Mar. 31, 2023   85,580,031 15       143,559,992
Beginning balance at Mar. 31, 2023 490,432 $ 9 $ 0 926,910 (631,241) (209) $ 194,963
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (222,481)       (79,140)   $ (143,341)
Equity-based compensation, net 7,252     7,252      
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (in shares)   480         (480)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 24 - Equity) (in shares)   2,015,889         (2,015,889)
Settlement of LTIP RSUs, net (Note 24 - Equity) (1)     3,171     $ (3,172)
Settlement of other RSUs (in shares)   1,179,202          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (in shares)   (1,147,684)          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (1,422)     (1,422)      
Foreign currency translation adjustment (45)         (45)  
Ending balance (in shares) at Jun. 30, 2023   87,627,918 15       141,543,623
Ending balance at Jun. 30, 2023 $ 273,735 $ 9 $ 0 $ 935,911 $ (710,381) $ (254) $ 48,450
[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.