v3.25.1
Condensed Consolidated Statements of Changes in Equity - USD ($)
$ in Thousands
Total
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Common Stock
Class C Common Stock
Common Stock
Class D Common Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Non- Controlling Interests
Beginning balance at Dec. 31, 2023 $ 5,931,406 $ 1 $ 1 $ 0 $ 0 $ 4,738,758 $ (5,389) $ 640,384 $ 557,651
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Issuance of common stock from equity incentive plans 2,807         2,807      
Issuance of common stock for business acquisitions 36,692         36,692      
Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans 18,358         18,358      
Adjustments to non-controlling interests 0         1,333 (3)   (1,330)
Distributions to non-controlling interests (6,095)               (6,095)
Dividends (21,286)             (21,286)  
Stock-based compensation expense 16,959         16,959      
Payroll taxes paid for stock-based compensation (43,832)         (43,832)      
Net income 143,382             126,142 17,240
Other comprehensive income (loss) (2,364)           (2,132)   (232)
Ending balance at Mar. 31, 2024 6,076,027 1 1 0 0 4,771,075 (7,524) 745,240 567,234
Beginning balance at Dec. 31, 2024 6,398,885 1 1 0 0 4,813,408 (9,981) 996,763 598,693
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Tax receivable agreement liability and deferred taxes arising from LLC Interest ownership exchanges and the issuance of common stock from equity incentive plans 28,830         28,830      
Adjustments to non-controlling interests 0         3,795 (1)   (3,794)
Distributions to non-controlling interests (7,416)               (7,416)
Dividends (25,573)             (25,573)  
Stock-based compensation expense 22,708         22,708      
Payroll taxes paid for stock-based compensation (47,590)         (47,590)      
Net income 168,305             148,382 19,923
Other comprehensive income (loss) 9,056           8,171   885
Ending balance at Mar. 31, 2025 $ 6,547,205 $ 1 $ 1 $ 0 $ 0 $ 4,821,151 $ (1,811) $ 1,119,572 $ 608,291