Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity (Unaudited)

v3.23.3
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 (533,518) [1]       (133,659)   (399,859)
Noncontrolling interest contributions 42           42
Noncontrolling interest distributions (248)           $ (248)
Equity-based compensation, net 36,618     36,618      
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (in shares)   111,209         (111,209)
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (86)     466     $ (552)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 24 - Equity) (in shares)   3,749,057         (3,749,057)
Settlement of LTIP RSUs, net (Note 24 - Equity) (4,825)     13,086     $ (17,911)
Settlement of other RSUs (in shares)   346,133          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (in shares)   (2,002,192)          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (5,650)     (5,650)      
Foreign currency translation adjustment (257)         (257)  
Ending balance (in shares) at Sep. 30, 2022   62,959,276 15       124,833,601
Ending balance at Sep. 30, 2022 575,086 $ 6 $ 0 876,140 (577,272) (367) $ 276,579
Beginning balance (in shares) at Jun. 30, 2022   62,474,553 15       125,413,507
Beginning balance at Jun. 30, 2022 863,200 $ 6 $ 0 860,232 (492,786) (262) $ 496,010
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (301,700)       (84,486)   (217,214)
Noncontrolling interest distributions (56)           $ (56)
Equity-based compensation, net 15,735     15,735      
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (in shares)   3,096         (3,096)
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) 30     42     $ (12)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 24 - Equity) (in shares)   576,810         (576,810)
Settlement of LTIP RSUs, net (Note 24 - Equity) (74)     2,075     $ (2,149)
Settlement of other RSUs (in shares)   252,678          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (in shares)   (347,861)          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (1,944)     (1,944)      
Foreign currency translation adjustment (105)         (105)  
Ending balance (in shares) at Sep. 30, 2022   62,959,276 15       124,833,601
Ending balance at Sep. 30, 2022 575,086 $ 6 $ 0 876,140 (577,272) (367) $ 276,579
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 (382,821) [1]       (141,449)   $ (241,372)
Equity-based compensation, net 20,337     20,337      
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (in shares)   4,852         (4,852)
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)   2,781,048         (2,781,048)
Settlement of LTIP RSUs, net (Note 24 - Equity) 89 $ 1   3,951     $ (3,863)
Settlement of other RSUs (in shares)   1,385,262          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (in shares)   (1,553,779)          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (2,061)     (2,061)      
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 52         52  
Ending balance (in shares) at Sep. 30, 2023   87,779,871 15       141,360,391
Ending balance at Sep. 30, 2023 103,609 $ 9 $ 0 940,717 (775,744) (221) $ (61,152)
Beginning balance (in shares) at Jun. 30, 2023   87,627,918 15       141,543,623
Beginning balance at Jun. 30, 2023 273,735 $ 9 $ 0 935,911 (710,381) (254) $ 48,450
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net loss (174,932)       (65,363)   $ (109,569)
Equity-based compensation, net 4,976     4,976      
Conversion of LLC Units for Class A Common Stock (Note 24 - Equity) (in shares)   771         (771)
Settlement of long-term incentive plan ("LTIP") restricted stock units ("RSUs"), net (Note 24 - Equity) (in shares)   182,461         (182,461)
Settlement of LTIP RSUs, net (Note 24 - Equity) (1)     32     $ (33)
Settlement of other RSUs (in shares)   82,456          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (in shares)   (113,735)          
Cancellation of shares to fund employee tax withholdings (Note 24 - Equity) (202)     (202)      
Foreign currency translation adjustment 33         33  
Ending balance (in shares) at Sep. 30, 2023   87,779,871 15       141,360,391
Ending balance at Sep. 30, 2023 $ 103,609 $ 9 $ 0 $ 940,717 $ (775,744) $ (221) $ (61,152)
[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.