Ameresco, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

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

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
Redeemable non-controlling interests, beginning balance at Dec. 31, 2019	$ 31,616
Increase (Decrease) in Temporary Equity [Roll Forward]
Contributions from redeemable non-controlling interests, net of tax equity financing fees	488
Distributions to redeemable non-controlling interests	(707)
Net income	4,906
Redeemable non-controlling interests, ending balance at Jun. 30, 2020	36,303
Beginning balance (in shares) at Dec. 31, 2019				29,230,005	18,000,000				(2,101,340)
Beginning balance at Dec. 31, 2019	428,856			$ 3	$ 2	$ 133,688	$ 314,459	$ (7,514)	$ (11,782)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of stock options (in shares)				460,250
Exercise of stock options	4,638					4,638
Stock-based compensation expense	859					859
Employee stock purchase plan (in shares)				28,302
Employee stock purchase plan	440					440
Open market purchase of common shares (in shares)				(455)					455
Open market purchase of common shares	(6)								$ (6)
Unrealized gain (loss) from interest rate hedges, net	(4,050)							(4,050)
Foreign currency translation adjustment	(1,630)							(1,630)
Net income	10,566						10,566
Ending balance (in shares) at Jun. 30, 2020				29,718,102	18,000,000				(2,101,795)
Ending balance at Jun. 30, 2020	439,673			$ 3	$ 2	139,625	325,025	(13,194)	$ (11,788)
Redeemable non-controlling interests, beginning balance at Mar. 31, 2020	31,939
Increase (Decrease) in Temporary Equity [Roll Forward]
Contributions from redeemable non-controlling interests, net of tax equity financing fees	488
Distributions to redeemable non-controlling interests	(595)
Net income	4,471
Redeemable non-controlling interests, ending balance at Jun. 30, 2020	36,303
Beginning balance (in shares) at Mar. 31, 2020				29,510,161	18,000,000				(2,101,795)
Beginning balance at Mar. 31, 2020	432,177			$ 3	$ 2	136,591	320,660	(13,291)	$ (11,788)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Exercise of stock options (in shares)				179,639
Exercise of stock options	2,164					2,164
Stock-based compensation expense	430					430
Employee stock purchase plan (in shares)				28,302
Employee stock purchase plan	440					440
Unrealized gain (loss) from interest rate hedges, net	(585)							(585)
Foreign currency translation adjustment	682							682
Net income	4,365						4,365
Ending balance (in shares) at Jun. 30, 2020				29,718,102	18,000,000				(2,101,795)
Ending balance at Jun. 30, 2020	439,673			$ 3	$ 2	139,625	325,025	(13,194)	$ (11,788)
Redeemable non-controlling interests, beginning balance at Dec. 31, 2020	38,850
Increase (Decrease) in Temporary Equity [Roll Forward]
Contributions from redeemable non-controlling interests, net of tax equity financing fees	2,252
Distributions to redeemable non-controlling interests	(648)
Accretion of tax equity financing fees	61
Net income	5,488
Redeemable non-controlling interests, ending balance at Jun. 30, 2021	46,003
Beginning balance (in shares) at Dec. 31, 2020		30,224,654	18,000,000	30,224,654	18,000,000				(2,101,795)
Beginning balance at Dec. 31, 2020	492,813			$ 3	$ 2	145,496	368,390	(9,290)	$ (11,788)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity offering costs (in shares)				2,875,000
Equity offering costs	120,081					120,081
Exercise of stock options (in shares)				267,380
Exercise of stock options	2,611					2,611
Stock-based compensation expense	2,115					2,115
Employee stock purchase plan (in shares)				15,297
Employee stock purchase plan	652					652
Unrealized gain (loss) from interest rate hedges, net	1,645							1,645
Foreign currency translation adjustment	891							891
Accretion of tax equity financing fees	(61)						(61)
Net income	24,829						24,829
Ending balance (in shares) at Jun. 30, 2021		33,382,331	18,000,000	33,382,331	18,000,000				(2,101,795)
Ending balance at Jun. 30, 2021	645,576			$ 3	$ 2	270,955	393,158	(6,754)	$ (11,788)
Redeemable non-controlling interests, beginning balance at Mar. 31, 2021	39,668
Increase (Decrease) in Temporary Equity [Roll Forward]
Contributions from redeemable non-controlling interests, net of tax equity financing fees	2,269
Distributions to redeemable non-controlling interests	(195)
Accretion of tax equity financing fees	30
Net income	4,231
Redeemable non-controlling interests, ending balance at Jun. 30, 2021	46,003
Beginning balance (in shares) at Mar. 31, 2021				33,265,925	18,000,000				(2,101,795)
Beginning balance at Mar. 31, 2021	628,855			$ 3	$ 2	267,864	379,533	(6,759)	$ (11,788)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity offering costs (in shares)				0
Equity offering costs	(135)					(135)
Exercise of stock options (in shares)				101,109
Exercise of stock options	1,225					1,225
Stock-based compensation expense	1,349					1,349
Employee stock purchase plan (in shares)				15,297
Employee stock purchase plan	652					652
Unrealized gain (loss) from interest rate hedges, net	(472)							(472)
Foreign currency translation adjustment	477							477
Accretion of tax equity financing fees	(30)						(30)
Net income	13,655						13,655
Ending balance (in shares) at Jun. 30, 2021		33,382,331	18,000,000	33,382,331	18,000,000				(2,101,795)
Ending balance at Jun. 30, 2021	$ 645,576			$ 3	$ 2	$ 270,955	$ 393,158	$ (6,754)	$ (11,788)