Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS??? EQUITY

v3.24.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Common Stock
Common​ Stock
Class A Common Stock
Common​ Stock
Class B Common Stock
Additional Paid-In Capital
Retained Earnings
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2022       20,583,130 40,333,019      
Beginning balance at Dec. 31, 2022 $ 1,249,287     $ 206 $ 403 $ 42,727 $ 1,205,885 $ 66
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income (37,195)           (37,190) (5)
Repurchase and retirement of Class A common stock (in shares)       (50,166)        
Repurchase and retirement of Class A common stock (568)     $ (1)   (567)    
Stock-based compensation 1,756         1,756    
Vesting of restricted stock units (in shares)       333        
Shares of Class A common stock withheld related to net share settlement (in shares)       (137)        
Shares of Class A common stock withheld related to net share settlement (1)         (1)    
Ending balance (in shares) at Mar. 31, 2023       20,533,160 40,333,019      
Ending balance at Mar. 31, 2023 1,213,279     $ 205 $ 403 43,915 1,168,695 61
Beginning balance (in shares) at Dec. 31, 2022       20,583,130 40,333,019      
Beginning balance at Dec. 31, 2022 1,249,287     $ 206 $ 403 42,727 1,205,885 66
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income 53,984              
Repurchase and retirement of Class A common stock (in shares)   (188,841)            
Repurchase and retirement of Class A common stock   $ (2,100)            
Ending balance (in shares) at Sep. 30, 2023       20,558,055 40,333,019      
Ending balance at Sep. 30, 2023 1,276,977     $ 205 $ 403 47,529 1,228,361 479
Beginning balance (in shares) at Mar. 31, 2023       20,533,160 40,333,019      
Beginning balance at Mar. 31, 2023 1,213,279     $ 205 $ 403 43,915 1,168,695 61
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income 36,936           36,936  
Repurchase and retirement of Class A common stock (in shares)       (51,588)        
Repurchase and retirement of Class A common stock (550)     $ (1)   (549)    
Stock-based compensation 2,323         2,323    
Dividend equivalents on unvested restricted stock units forfeited 0         (23) 23  
Vesting of restricted stock units (in shares)       211,733        
Vesting of restricted stock units 0     $ 2   (2)    
Shares of Class A common stock withheld related to net share settlement (in shares)       (48,163)        
Shares of Class A common stock withheld related to net share settlement (523)         (523)    
Ending balance (in shares) at Jun. 30, 2023       20,645,142 40,333,019      
Ending balance at Jun. 30, 2023 1,251,465     $ 206 $ 403 45,141 1,205,654 61
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income 54,243           54,249 (6)
Cash dividends declared ($0.50 per share) (30,479)           (30,479)  
Repurchase and retirement of Class A common stock (in shares)   (87,087)   (87,087)        
Repurchase and retirement of Class A common stock (1,014) $ (1,000)   $ (1)   (1,013)    
Stock-based compensation 2,338         2,338    
Dividend equivalents on unvested restricted stock units issued 0         1,073 (1,073)  
Dividend equivalents on unvested restricted stock units forfeited 0         (10) 10  
Acquisition of non-controlling interests 424             424
Ending balance (in shares) at Sep. 30, 2023       20,558,055 40,333,019      
Ending balance at Sep. 30, 2023 1,276,977     $ 205 $ 403 47,529 1,228,361 479
Beginning balance (in shares) at Dec. 31, 2023   20,786,814 40,333,019 20,786,814 40,333,019      
Beginning balance at Dec. 31, 2023 1,183,493     $ 208 $ 403 47,158 1,135,387 337
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income 28,400           28,498 (98)
Repurchase and retirement of Class A common stock (in shares)       (17,747)        
Repurchase and retirement of Class A common stock (251)         (251)    
Stock-based compensation 2,137         2,137    
Dividend equivalents on unvested restricted stock units forfeited 0         (20) 20  
Acquisition of non-controlling interests 371             371
Ending balance (in shares) at Mar. 31, 2024       20,769,067 40,333,019      
Ending balance at Mar. 31, 2024 1,214,150     $ 208 $ 403 49,024 1,163,905 610
Beginning balance (in shares) at Dec. 31, 2023   20,786,814 40,333,019 20,786,814 40,333,019      
Beginning balance at Dec. 31, 2023 1,183,493     $ 208 $ 403 47,158 1,135,387 337
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income (960)              
Repurchase and retirement of Class A common stock (in shares)   (55,714)            
Repurchase and retirement of Class A common stock   $ (800)            
Ending balance (in shares) at Sep. 30, 2024   21,051,820 40,333,019 21,051,820 40,333,019      
Ending balance at Sep. 30, 2024 1,157,896     $ 211 $ 403 53,780 1,102,962 540
Beginning balance (in shares) at Mar. 31, 2024       20,769,067 40,333,019      
Beginning balance at Mar. 31, 2024 1,214,150     $ 208 $ 403 49,024 1,163,905 610
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income 37,591           37,583 8
Cash dividends declared ($0.50 per share) (30,702)           (30,702)  
Repurchase and retirement of Class A common stock (in shares)       (14,221)        
Repurchase and retirement of Class A common stock (201)         (201)    
Stock-based compensation 2,687         2,687    
Dividend equivalents on unvested restricted stock units issued 0         943 (943)  
Dividend equivalents on unvested restricted stock units forfeited 0         (9) 9  
Vesting of restricted stock units (in shares)       384,174        
Vesting of restricted stock units 0     $ 4   (4)    
Shares of Class A common stock withheld related to net share settlement (in shares)       (77,813)        
Shares of Class A common stock withheld related to net share settlement (1,089)     $ (1)   (1,088)    
Ending balance (in shares) at Jun. 30, 2024       21,061,207 40,333,019      
Ending balance at Jun. 30, 2024 1,222,436     $ 211 $ 403 51,352 1,169,852 618
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net (loss) income (66,951)           (66,892) (59)
Repurchase and retirement of Class A common stock (in shares)   (23,746)   (23,746)        
Repurchase and retirement of Class A common stock (339) $ (300)       (339)    
Stock-based compensation 2,857         2,857    
Dividend equivalents on unvested restricted stock units forfeited 0         (2) 2  
Vesting of restricted stock units (in shares)       20,548        
Vesting of restricted stock units 0              
Shares of Class A common stock withheld related to net share settlement (in shares)       (6,189)        
Shares of Class A common stock withheld related to net share settlement (88)         (88)    
Purchase of membership interests (19)             (19)
Ending balance (in shares) at Sep. 30, 2024   21,051,820 40,333,019 21,051,820 40,333,019      
Ending balance at Sep. 30, 2024 $ 1,157,896     $ 211 $ 403 $ 53,780 $ 1,102,962 $ 540