v3.25.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF TEMPORARY EQUITY AND SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Shares of Common Stock
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance (in shares) at Dec. 31, 2023 0        
Beginning balance at Dec. 31, 2023 $ 0        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Issuance of redeemable noncontrolling interest (in shares) 81,000        
Issuance of redeemable noncontrolling interest $ 79,380        
Ending balance (in shares) at Jun. 30, 2024 81,000        
Ending balance at Jun. 30, 2024 $ 79,380        
Beginning balance (in shares) at Dec. 31, 2023   50,272,000      
Beginning balance at Dec. 31, 2023 652,670   $ 66,933 $ 584,069 $ 1,668
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income 201,824     201,824  
Unrealized gain (loss) on interest rate hedge, net of tax 1,737       1,737
Amounts reclassified from accumulated other comprehensive income to interest expense (428)        
Stock based compensation (in shares)   285,000      
Stock-based compensation 6,673   6,673    
Common stock issued (in shares)   4,100,000      
Common stock issued 71,849   71,849    
Shares surrendered for settlement of employee taxes upon issuance of vested equity awards (in shares)   (85,000)      
Shares surrendered for settlement of employee taxes upon issuance of vested equity awards (1,671)   (1,671)    
Ending balance (in shares) at Jun. 30, 2024   54,572,000      
Ending balance at Jun. 30, 2024 $ 933,082   143,784 785,893 3,405
Beginning balance (in shares) at Mar. 31, 2024 0        
Beginning balance at Mar. 31, 2024 $ 0        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Issuance of redeemable noncontrolling interest (in shares) 81,000        
Issuance of redeemable noncontrolling interest $ 79,380        
Ending balance (in shares) at Jun. 30, 2024 81,000        
Ending balance at Jun. 30, 2024 $ 79,380        
Beginning balance (in shares) at Mar. 31, 2024   50,447,000      
Beginning balance at Mar. 31, 2024 871,643   69,616 798,765 3,262
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income (12,872)     (12,872)  
Unrealized gain (loss) on interest rate hedge, net of tax 143       143
Amounts reclassified from accumulated other comprehensive income to interest expense (428)        
Stock based compensation (in shares)   37,000      
Stock-based compensation 2,538   2,538    
Common stock issued (in shares)   4,100,000      
Common stock issued 71,845   71,845    
Shares surrendered for settlement of employee taxes upon issuance of vested equity awards (in shares)   (12,000)      
Shares surrendered for settlement of employee taxes upon issuance of vested equity awards (215)   (215)    
Ending balance (in shares) at Jun. 30, 2024   54,572,000      
Ending balance at Jun. 30, 2024 $ 933,082   143,784 785,893 3,405
Beginning balance (in shares) at Dec. 31, 2024 81,000        
Beginning balance at Dec. 31, 2024 $ 82,464        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Preferred stock dividends - paid in kind $ 2,969        
Ending balance (in shares) at Jun. 30, 2025 81,000        
Ending balance at Jun. 30, 2025 $ 85,433        
Beginning balance (in shares) at Dec. 31, 2024 54,605,000 54,605,000      
Beginning balance at Dec. 31, 2024 $ 918,583   147,733 768,997 1,853
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income (18,180)     (18,180)  
Unrealized gain (loss) on interest rate hedge, net of tax (40)       (40)
Amounts reclassified from accumulated other comprehensive income to interest expense (813)       (813)
Stock based compensation (in shares)   375,000      
Stock-based compensation 6,390   6,390    
Common stock issued (in shares)   2,000      
Common stock issued 28   28    
Shares surrendered for settlement of employee taxes upon issuance of vested equity awards (in shares)   (85,000)      
Shares surrendered for settlement of employee taxes upon issuance of vested equity awards (1,035)   (1,035)    
Preferred stock dividends - paid in kind $ (2,969)     (2,969)  
Ending balance (in shares) at Jun. 30, 2025 54,897,000 54,897,000      
Ending balance at Jun. 30, 2025 $ 901,964   153,116 747,848 1,000
Beginning balance (in shares) at Mar. 31, 2025 81,000        
Beginning balance at Mar. 31, 2025 $ 83,936        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Preferred stock dividends - paid in kind $ 1,497        
Ending balance (in shares) at Jun. 30, 2025 81,000        
Ending balance at Jun. 30, 2025 $ 85,433        
Beginning balance (in shares) at Mar. 31, 2025   54,857,000      
Beginning balance at Mar. 31, 2025 910,473   150,857 758,393 1,223
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net (loss) income (9,048)     (9,048)  
Unrealized gain (loss) on interest rate hedge, net of tax 182       182
Amounts reclassified from accumulated other comprehensive income to interest expense (405)       (405)
Stock based compensation (in shares)   57,000      
Stock-based compensation 2,493   2,493    
Common stock issued (in shares)   1,000      
Common stock issued 14   14    
Shares surrendered for settlement of employee taxes upon issuance of vested equity awards (in shares)   (18,000)      
Shares surrendered for settlement of employee taxes upon issuance of vested equity awards (248)   (248)    
Preferred stock dividends - paid in kind $ (1,497)     (1,497)  
Ending balance (in shares) at Jun. 30, 2025 54,897,000 54,897,000      
Ending balance at Jun. 30, 2025 $ 901,964   $ 153,116 $ 747,848 $ 1,000