v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Additional Paid-In Capital
Retained Deficit
Accumulated Other Comprehensive Income
Noncontrolling Interests
Class A common stock
Class A common stock
Common Stock
Class B Common Stock
Class B Common Stock
Common Stock
Class C common stock
Class C common stock
Common Stock
Balance at beginning of period (in shares) at Dec. 31, 2023             60,664,171   23,831,883   1,694,915
Balance at beginning of period at Dec. 31, 2023 $ 868.4 $ 985.9 $ (346.7) $ 14.1 $ 215.1            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 28.5   20.6   7.9            
Distributions to noncontrolling interests (0.3)       (0.3)            
Equity-based compensation 22.8 22.8                  
Vesting of restricted stock units, net of tax withholding (in shares)             151,053        
Vesting of restricted stock units, net of tax withholding (9.1) (11.6)     2.5            
Other comprehensive income (14.5)     (10.6) (3.9)            
Balance at end of period (in shares) at Mar. 31, 2024             60,815,224   23,831,883   1,694,915
Balance at end of period at Mar. 31, 2024 895.8 997.1 (326.1) 3.5 221.3            
Balance at beginning of period (in shares) at Dec. 31, 2024           67,737,305 67,737,305 19,801,028 19,801,028 1,519,826 1,519,826
Balance at beginning of period at Dec. 31, 2024 1,017.7 1,063.0 (228.2) (28.2) 211.1            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income 19.5   16.7   2.8            
Effect of foreign currency translation on Vectron noncontrolling interest 1.0       1.0            
Repurchases and retirement of Class A common stock (in shares)             (686,177)        
Repurchases and retirement of Class A common stock (63.4) (3.2) (48.1)   (12.1)            
Exchange of shares held by Rook (in shares)             160,043       (160,043)
Distributions to noncontrolling interests (0.1)       (0.1)            
Equity-based compensation 26.0 26.0                  
Vesting of restricted stock units, net of tax withholding (in shares)             259,815       (12,410)
Vesting of restricted stock units, net of tax withholding (17.8) (18.4)     0.6            
Other comprehensive income 33.1     25.6 7.5            
Balance at end of period (in shares) at Mar. 31, 2025           67,470,986 67,470,986 19,801,028 19,801,028 1,347,373 1,347,373
Balance at end of period at Mar. 31, 2025 $ 1,016.0 $ 1,067.4 $ (259.6) $ (2.6) $ 210.8