v3.25.1
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Payments Under Tax Receivable Agreement The table below presents management’s estimate as of March 31, 2025, of the maximum amounts that would be payable under the TRA assuming that the Company will have sufficient taxable income each year to fully realize the expected tax savings. In light of the numerous factors affecting the Company’s obligation to make such payments, the timing and amounts of any such actual payments may differ materially from those presented in the table.
(dollars in thousands)
Potential Payments Under the Tax Receivable Agreement
April 1, 2025 to December 31, 2025$— 
202667,162 
202781,738 
2028109,019 
2029118,251 
Thereafter1,183,802 
Total Payments1,559,972 
Less adjustment to fair value for contingent consideration(116,999)
Total TRA Liability$1,442,973