v3.25.2
Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Class B [Member]
Common Stock [Member]
Common Class A [Member]
Common Stock [Member]
Common Class B [Member]
Treasury Stock Common [Member]
Treasury Stock Common [Member]
Common Class A [Member]
Retained Earnings [Member]
Additional Paid-in Capital [Member]
Accumulated other comprehensive income (loss) [Member]
Non-Controlling Interest [Member]
Begining Balance at Dec. 31, 2023 $ 1,809,354   $ 26 $ 82 $ (472)   $ 39,754 $ 465,551 $ 505 $ 1,303,908
Beginning Balance, shares at Dec. 31, 2023 108,284,792 82,021,389 26,284,027 82,021,389            
Beginning Balance, shares at Dec. 31, 2023         20,624 20,624        
Net income $ 28,140           6,324     21,816
Other comprehensive income 2,261               547 1,714
Long-term incentive compensation 1,377             330   1,047
Dividends paid (673)           (673)      
EELP distributions to Class B interests (2,051)                 (2,051)
Minority owner contribution - Albania Power Project 209                 209
Long-term incentive compensation units vested, shares     82,165   39,702          
Long-term incentive compensation units vested, value (1,072)       $ (858)     (214)    
Repurchase of Class A Common Stock, Shares         588,030          
Repurchase of Class A Common Stock, Value (9,347)       $ (9,347)          
Ending Balance at Mar. 31, 2024 $ 1,828,198   $ 26 $ 82 $ (10,677)   45,405 465,667 1,052 1,326,643
Ending Balance, shares at Mar. 31, 2024 107,739,225 82,021,389 26,366,192 82,021,389            
Ending balance, shares at Mar. 31, 2024         648,356 648,356        
Begining Balance at Dec. 31, 2023 $ 1,809,354   $ 26 $ 82 $ (472)   39,754 465,551 505 1,303,908
Beginning Balance, shares at Dec. 31, 2023 108,284,792 82,021,389 26,284,027 82,021,389            
Beginning Balance, shares at Dec. 31, 2023         20,624 20,624        
Net income $ 61,417                  
Shares withheld for taxes (253)                  
Ending Balance at Jun. 30, 2024 $ 1,848,828   $ 26 $ 82 $ (22,216)   51,432 468,543 1,085 1,349,876
Ending Balance, shares at Jun. 30, 2024 107,072,687 82,021,389 26,395,671 82,021,389            
Ending balance, shares at Jun. 30, 2024         1,344,373 1,344,373        
Begining Balance at Mar. 31, 2024 $ 1,828,198   $ 26 $ 82 $ (10,677)   45,405 465,667 1,052 1,326,643
Beginning Balance, shares at Mar. 31, 2024 107,739,225 82,021,389 26,366,192 82,021,389            
Beginning Balance, shares at Mar. 31, 2024         648,356 648,356        
Net income $ 33,277           6,672     26,605
Other comprehensive income 139               33 106
Long-term incentive compensation 1,920             449   1,471
Dividends paid (645)           (645)      
EELP distributions to Class B interests (2,051)                 (2,051)
Minority owner contribution - Albania Power Project 268                 268
Distributions (2,439)                 (2,439)
Long-term incentive compensation units vested, shares     29,479   22,237          
Long-term incentive compensation units vested, value (95)       $ (360)     1,628   (1,363)
Repurchase of Class A Common Stock, Shares         673,780          
Repurchase of Class A Common Stock, Value (9,744)       $ (11,179)     799   636
Ending Balance at Jun. 30, 2024 $ 1,848,828   $ 26 $ 82 $ (22,216)   51,432 468,543 1,085 1,349,876
Ending Balance, shares at Jun. 30, 2024 107,072,687 82,021,389 26,395,671 82,021,389            
Ending balance, shares at Jun. 30, 2024         1,344,373 1,344,373        
Begining Balance at Dec. 31, 2024 $ 1,888,501   $ 26 $ 82 $ (52,375)   72,322 467,429 502 1,400,515
Beginning Balance, shares at Dec. 31, 2024 105,889,462 82,021,389 26,432,131 82,021,389            
Beginning Balance, shares at Dec. 31, 2024 2,564,058       2,564,058 2,564,058        
Net income $ 52,123           11,387     40,736
Other comprehensive income (1,829)               (412) (1,417)
Long-term incentive compensation 2,151             475   1,676
Dividends paid (1,535)           (1,535)      
EELP distributions to Class B interests (4,921)                 (4,921)
Distributions (840)                 (840)
Long-term incentive compensation units vested, shares     234,419   107,633          
Long-term incentive compensation units vested, value (2,235)   $ 1   $ (2,253)     3,465   (3,448)
Other (Shares)     1,955              
Other (Value) 290             88   202
Ending Balance at Mar. 31, 2025 $ 1,931,705   $ 27 $ 82 $ (54,628)   82,174 471,457 90 1,432,503
Ending Balance, shares at Mar. 31, 2025 106,018,203 82,021,389 26,668,505 82,021,389            
Ending balance, shares at Mar. 31, 2025         2,671,691 2,671,691        
Begining Balance at Dec. 31, 2024 $ 1,888,501   $ 26 $ 82 $ (52,375)   72,322 467,429 502 1,400,515
Beginning Balance, shares at Dec. 31, 2024 105,889,462 82,021,389 26,432,131 82,021,389            
Beginning Balance, shares at Dec. 31, 2024 2,564,058       2,564,058 2,564,058        
Net income $ 72,888                  
Shares withheld for taxes (1,027)                  
Ending Balance at Jun. 30, 2025 $ 2,149,403   $ 35 $ 82 $ (54,688)   84,898 633,700 113 1,485,263
Ending Balance, shares at Jun. 30, 2025 114,022,446 82,021,389 34,675,087 82,021,389            
Ending balance, shares at Jun. 30, 2025 2,674,030       2,674,030 2,674,030        
Begining Balance at Mar. 31, 2025 $ 1,931,705   $ 27 $ 82 $ (54,628)   82,174 471,457 90 1,432,503
Beginning Balance, shares at Mar. 31, 2025 106,018,203 82,021,389 26,668,505 82,021,389            
Beginning Balance, shares at Mar. 31, 2025         2,671,691 2,671,691        
Net income $ 20,765           4,729     16,036
Issuance of common stock 8,000,000   8,000,000 0   0        
Issuance of common stock, value $ 201,833   $ 8         159,041   42,784
Other comprehensive income 85               (23) 62
Long-term incentive compensation 3,207             900   2,307
Dividends paid (2,005)           (2,005)      
EELP distributions to Class B interests (4,921)                 (4,921)
Distributions (3,302)                 (3,302)
Long-term incentive compensation units vested, shares     2,868   2,248          
Long-term incentive compensation units vested, value (57)       $ (57)     48   (48)
Impact due to change in ownership percentage 2,239             2,239    
Other (Shares)     3,714   91          
Other (Value) (146)       $ (3)     15   (158)
Ending Balance at Jun. 30, 2025 $ 2,149,403   $ 35 $ 82 $ (54,688)   $ 84,898 $ 633,700 $ 113 $ 1,485,263
Ending Balance, shares at Jun. 30, 2025 114,022,446 82,021,389 34,675,087 82,021,389            
Ending balance, shares at Jun. 30, 2025 2,674,030       2,674,030 2,674,030