v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF 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
Non-controlling Interest
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Sep. 30, 2023       14,420,000 1,430,000        
Beginning balance at Sep. 30, 2023 $ 414,078     $ 144 $ 14 $ 193,018 $ 165,432 $ 55,469 $ 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net loss (7,970)           (7,170) (800)  
Shares issued upon vesting of equity-based awards, net of tax withholding (in shares)       124,000          
Distributions to members (3,789)           0 (3,789)  
Purchase of non-controlling interest (18,840)         716   (19,556)  
Shares issued upon vesting of equity-based awards, net of tax withholding (1,552)     $ 1   (1,553)      
Equity-based compensation 2,392         2,392      
Currency translation adjustment (9)             (1) (8)
Ending balance (in shares) at Dec. 31, 2023       14,544,000 1,430,000        
Ending balance at Dec. 31, 2023 384,310     $ 145 $ 14 194,573 158,262 31,323 (7)
Beginning balance (in shares) at Sep. 30, 2023       14,420,000 1,430,000        
Beginning balance at Sep. 30, 2023 414,078     $ 144 $ 14 193,018 165,432 55,469 1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net loss (12,479)                
Currency translation adjustment (5)                
Ending balance (in shares) at Mar. 31, 2024       14,593,000 1,430,000        
Ending balance at Mar. 31, 2024 382,472     $ 146 $ 14 197,250 154,290 30,775 (3)
Beginning balance (in shares) at Dec. 31, 2023       14,544,000 1,430,000        
Beginning balance at Dec. 31, 2023 384,310     $ 145 $ 14 194,573 158,262 31,323 (7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net loss (4,509)           (3,969) (540)  
Shares issued upon vesting of equity-based awards, net of tax withholding (in shares)       24,000          
Shares issued as part of employee stock purchase plan (in shares)       25,000          
Distributions to members (11)           (3) (8)  
Shares issued upon vesting of equity-based awards, net of tax withholding (331)         (331)      
Shares issued as part of employee stock purchase plan 732     $ 1   731      
Equity-based compensation 2,277         2,277      
Currency translation adjustment 4               4
Ending balance (in shares) at Mar. 31, 2024       14,593,000 1,430,000        
Ending balance at Mar. 31, 2024 382,472     $ 146 $ 14 197,250 154,290 30,775 (3)
Beginning balance (in shares) at Sep. 30, 2024   14,686,696 1,429,940 14,687,000 1,430,000        
Beginning balance at Sep. 30, 2024 390,753     $ 147 $ 14 202,921 159,625 29,943 (1,897)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net loss (13,612)           (11,971) (1,641)  
Shares issued upon vesting of equity-based awards, net of tax withholding (in shares)       160,000          
Shares issued upon vesting of equity-based awards, net of tax withholding (1,823)     $ 1   (1,824)      
Equity-based compensation 2,170         2,170      
Currency translation adjustment 20             2 18
Change in fair value of interest rate swaps, net of reclassification adjustment and tax expense 6,110             537 5,573
Ending balance (in shares) at Dec. 31, 2024       14,847,000 1,430,000        
Ending balance at Dec. 31, 2024 383,618     $ 148 $ 14 203,267 147,654 28,841 3,694
Beginning balance (in shares) at Sep. 30, 2024   14,686,696 1,429,940 14,687,000 1,430,000        
Beginning balance at Sep. 30, 2024 390,753     $ 147 $ 14 202,921 159,625 29,943 (1,897)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net loss (13,987)                
Exchange of B shares for A shares (in shares)   1,429,940 1,429,940            
Currency translation adjustment (1)                
Ending balance (in shares) at Mar. 31, 2025   16,313,115 0 16,313,000 0        
Ending balance at Mar. 31, 2025 381,615     $ 163 $ 0 232,981 147,286 0 1,185
Beginning balance (in shares) at Dec. 31, 2024       14,847,000 1,430,000        
Beginning balance at Dec. 31, 2024 383,618     $ 148 $ 14 203,267 147,654 28,841 3,694
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net loss (375)           (368) (7)  
Exchange of B shares for A shares (in shares)       1,430,000 (1,430,000)        
Exchange of B shares for A shares 0     $ 14 $ (14) 28,295   (28,598) 303
Establishment of liabilities under tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis (1,203)         (1,203)      
Shares issued as part of employee stock purchase plan (in shares)       36,000          
Distributions to members (186)             (186)  
Shares issued as part of employee stock purchase plan 535     $ 1   534      
Equity-based compensation 2,088         2,088      
Currency translation adjustment (21)               (21)
Change in fair value of interest rate swaps, net of reclassification adjustment and tax expense (2,841)             (50) (2,791)
Ending balance (in shares) at Mar. 31, 2025   16,313,115 0 16,313,000 0        
Ending balance at Mar. 31, 2025 $ 381,615     $ 163 $ 0 $ 232,981 $ 147,286 $ 0 $ 1,185