Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Redeemable Non-Controlling Interests and Stockholders' Equity

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Condensed Consolidated Statements of Changes in Redeemable Non-Controlling Interests and 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
Accumulated Other Comprehensive Loss
Treasury Stock
Non-controlling Interests
Redeemable non-controlling interests, beginning balance at Dec. 31, 2022 $ 46,623                  
Redeemable Non-controlling Interests                    
Distributions to redeemable non-controlling interests (178)                  
Accretion of tax equity financing fees 27                  
Investment fund call option exercise 196                  
Net income (loss) 32                  
Redeemable non-controlling interests, ending balance at Mar. 31, 2023 46,700                  
Beginning balance (in shares) at Dec. 31, 2022       33,948,362 18,000,000          
Treasury stock, beginning balance (in shares) at Dec. 31, 2022                 2,101,795  
Beginning balance at Dec. 31, 2022 873,031     $ 3 $ 2 $ 306,314 $ 533,549 $ (4,051) $ (11,788) $ 49,002
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exercise of stock options (in shares)       82,000            
Exercise of stock options 571         571        
Stock-based compensation expense 4,037         4,037        
Unrealized gain (loss) from interest rate hedges, net (868)             (868)    
Foreign currency translation adjustment 282             274   8
Accretion of tax equity financing fees (27)           (27)      
Investment fund call option exercise (196)         (196)        
Contributions from non-controlling interests 16,417                 16,417
Net income (loss) 1,525           1,102     423
Ending balance (in shares) at Mar. 31, 2023       34,030,362 18,000,000          
Treasury stock, ending balance (in shares) at Mar. 31, 2023                 2,101,795  
Ending balance at Mar. 31, 2023 894,772     $ 3 $ 2 310,726 534,624 (4,645) $ (11,788) 65,850
Redeemable non-controlling interests, beginning balance at Dec. 31, 2023 46,865                  
Redeemable Non-controlling Interests                    
Distributions to redeemable non-controlling interests (129)                  
Accretion of tax equity financing fees 27                  
Net income (loss) (2,855)                  
Redeemable non-controlling interests, ending balance at Mar. 31, 2024 $ 43,908                  
Beginning balance (in shares) at Dec. 31, 2023   34,277,195 18,000,000 34,277,195 18,000,000          
Treasury stock, beginning balance (in shares) at Dec. 31, 2023 2,101,795               2,101,795  
Beginning balance at Dec. 31, 2023 $ 925,886     $ 3 $ 2 320,892 595,911 (3,045) $ (11,788) 23,911
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exercise of stock options (in shares)       31,889            
Exercise of stock options 183         183        
Stock-based compensation expense 3,026         3,026        
Restricted stock units released (in shares)       11,077            
Unrealized gain (loss) from interest rate hedges, net 539             539    
Foreign currency translation adjustment (1,162)             (1,086)   (76)
Accretion of tax equity financing fees (27)           (27)      
Contributions from non-controlling interests 28,864         3,040       25,824
Distributions to non-controlling interest (63)                 (63)
Purchase of shares from non-controlling interest (23,760)         226       (23,986)
Net income (loss) $ (3,323)           (2,937)     (386)
Ending balance (in shares) at Mar. 31, 2024   34,320,161 18,000,000 34,320,161 18,000,000          
Treasury stock, ending balance (in shares) at Mar. 31, 2024 2,101,795               2,101,795  
Ending balance at Mar. 31, 2024 $ 930,163     $ 3 $ 2 $ 327,367 $ 592,947 $ (3,592) $ (11,788) $ 25,224