Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2.2
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 Interest
Redeemable non-controlling interests, beginning balance at Dec. 31, 2020 $ 38,850                  
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Contributions from non-controlling interest 2,251                  
Distributions to redeemable non-controlling interests (828)                  
Accretion of tax equity financing fees 89                  
Investment fund call option exercise (3,759)                  
Net income 8,345                  
Redeemable non-controlling interests, ending balance at Sep. 30, 2021 44,948                  
Beginning balance (in shares) at Dec. 31, 2020       30,224,654 18,000,000          
Treasury stock, beginning balance (in shares) at Dec. 31, 2020                 2,101,795  
Beginning balance at Dec. 31, 2020 492,813     $ 3 $ 2 $ 145,496 $ 368,390 $ (9,290) $ (11,788) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Equity offering cost adjustment (in shares)       2,875,000            
Equity offering cost adjustment 120,084         120,084        
Exercise of stock options (in shares)       444,509            
Exercise of stock options 4,230         4,230        
Stock-based compensation expense 4,280         4,280        
Employee stock purchase plan (in shares)       15,297            
Employee stock purchase plan 653         653        
Unrealized gain from interest rate hedges, net 2,081             2,081    
Foreign currency translation adjustment (227)             (227)    
Accretion of tax equity financing fees (89)           (89)      
Investment fund call option exercise 2,759         2,759        
Net income 42,252           42,252      
Ending balance (in shares) at Sep. 30, 2021       33,559,460 18,000,000          
Treasury stock, ending balance (in shares) at Sep. 30, 2021                 2,101,795  
Ending balance at Sep. 30, 2021 668,836     $ 3 $ 2 277,502 410,553 (7,436) $ (11,788) 0
Redeemable non-controlling interests, beginning balance at Jun. 30, 2021 46,003                  
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Distributions to redeemable non-controlling interests (180)                  
Accretion of tax equity financing fees 27                  
Investment fund call option exercise (3,759)                  
Net income 2,857                  
Redeemable non-controlling interests, ending balance at Sep. 30, 2021 44,948                  
Beginning balance (in shares) at Jun. 30, 2021       33,382,331 18,000,000          
Treasury stock, beginning balance (in shares) at Jun. 30, 2021                 2,101,795  
Beginning balance at Jun. 30, 2021 645,575     $ 3 $ 2 270,955 393,157 (6,754) $ (11,788) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Equity offering cost adjustment 3         3        
Exercise of stock options (in shares)       177,129            
Exercise of stock options 1,619         1,619        
Stock-based compensation expense 2,166         2,166        
Unrealized gain from interest rate hedges, net 436             436    
Foreign currency translation adjustment (1,118)             (1,118)    
Accretion of tax equity financing fees (27)           (27)      
Investment fund call option exercise 2,759         2,759        
Net income 17,423           17,423      
Ending balance (in shares) at Sep. 30, 2021       33,559,460 18,000,000          
Treasury stock, ending balance (in shares) at Sep. 30, 2021                 2,101,795  
Ending balance at Sep. 30, 2021 668,836     $ 3 $ 2 277,502 410,553 (7,436) $ (11,788) 0
Redeemable non-controlling interests, beginning balance at Dec. 31, 2021 46,182                  
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Contributions from non-controlling interest 16,844                 16,844
Distributions to redeemable non-controlling interests (863)                  
Accretion of tax equity financing fees 81                  
Investment fund call option exercise (238)                  
Net income 2,915                  
Redeemable non-controlling interests, ending balance at Sep. 30, 2022 $ 48,077                  
Beginning balance (in shares) at Dec. 31, 2021   33,716,309 18,000,000 33,716,309 18,000,000          
Treasury stock, beginning balance (in shares) at Dec. 31, 2021 2,101,795               2,101,795  
Beginning balance at Dec. 31, 2021 $ 704,264     $ 3 $ 2 283,982 438,732 (6,667) $ (11,788) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exercise of stock options (in shares)       180,888            
Exercise of stock options 3,482         3,482        
Stock-based compensation expense 10,837         10,837        
Employee stock purchase plan (in shares)       16,996            
Employee stock purchase plan 948         948        
Unrealized gain from interest rate hedges, net 6,033             6,033    
Foreign currency translation adjustment (5,016)             (5,016)    
Accretion of tax equity financing fees (81)           (81)      
Investment fund call option exercise 238         238        
Net income $ 76,991           76,991      
Ending balance (in shares) at Sep. 30, 2022   33,914,193 18,000,000 33,914,193 18,000,000          
Treasury stock, ending balance (in shares) at Sep. 30, 2022 2,101,795               2,101,795  
Ending balance at Sep. 30, 2022 $ 814,540     $ 3 $ 2 299,487 515,642 (5,650) $ (11,788) 16,844
Redeemable non-controlling interests, beginning balance at Jun. 30, 2022 47,918                  
Increase (Decrease) in Temporary Equity [Roll Forward]                    
Contributions from non-controlling interest 1,658                 1,658
Distributions to redeemable non-controlling interests (212)                  
Accretion of tax equity financing fees 27                  
Net income 344                  
Redeemable non-controlling interests, ending balance at Sep. 30, 2022 48,077                  
Beginning balance (in shares) at Jun. 30, 2022       33,833,893 18,000,000          
Treasury stock, beginning balance (in shares) at Jun. 30, 2022                 2,101,795  
Beginning balance at Jun. 30, 2022 781,567     $ 3 $ 2 294,240 488,278 (4,354) $ (11,788) 15,186
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exercise of stock options (in shares)       80,300            
Exercise of stock options 1,616         1,616        
Stock-based compensation expense 3,631         3,631        
Unrealized gain from interest rate hedges, net 1,757             1,757    
Foreign currency translation adjustment (3,053)             (3,053)    
Accretion of tax equity financing fees (27)           (27)      
Net income $ 27,391           27,391      
Ending balance (in shares) at Sep. 30, 2022   33,914,193 18,000,000 33,914,193 18,000,000          
Treasury stock, ending balance (in shares) at Sep. 30, 2022 2,101,795               2,101,795  
Ending balance at Sep. 30, 2022 $ 814,540     $ 3 $ 2 $ 299,487 $ 515,642 $ (5,650) $ (11,788) $ 16,844