v3.25.4
Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Compensation And Employee Benefit Plans [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity
A summary of the RSU award activity for the years ended December 31, 2025 and 2024 are as follows (number of units in thousands):
Number of unitsWeighted-average grant-
date fair value per unit
Unvested at December 31, 20232,066 $4.51 
Granted2,563 5.66 
Vested(1,839)4.45 
Forfeited or canceled(378)5.74 
Unvested at December 31, 20242,412 5.52 
Granted1,494 8.68 
Vested(928)6.15 
Forfeited or canceled(201)6.79 
Unvested at December 31, 20252,777 $6.90 
Schedule of Nonvested Performance-Based Units Activity A summary of PRSU award activity for the year ended December 31, 2025 is as follows (number of units in thousands):
Number of unitsWeighted-average grant-date fair value per unit
December 31, 2024— $— 
Granted159 10.37 
December 31, 2025159 $10.37 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions A summary of the Company’s assumptions used in determining the fair value of the stock options granted during the years ended December 31, 2025 and 2024 are shown in the following table:
20252024
Risk-free interest rate
3.8% - 4.5%
3.9% - 4.3%
Expected dividend yield— %— %
Expected stock price volatility
37.9% - 38.9%
36.1% - 38.2%
Expected life of stock options (years)
6.25
6.25
Schedule of Stock Options Roll Forward
A summary of stock option activity is as follows for the years ended December 31, 2025 and 2024 (number of options in thousands):
Number of optionsWeighted-average exercise priceWeighted average remaining contractual term (in years)
Aggregate intrinsic value(1)
Outstanding at December 31, 20234,347 $8.68 7.31$4,383 
Granted1,835 5.42 
Exercised(422)7.18 
Forfeited or canceled(1,131)9.26 
Outstanding at December 31, 20244,629 7.73 7.14$17,049 
Granted581 9.29 
Exercised(219)4.70 
Forfeited or canceled(327)12.02 
Outstanding at December 31, 20254,664 7.77 7.06$7,780 
Exercisable and vested at December 31, 20252,268 $9.25 5.95$2,880 
(1)    The aggregate intrinsic value is based upon the difference between the Company’s closing stock price at the date of the consolidated balance sheets and the exercise price of the stock option for in-the-money stock options. The intrinsic value of outstanding stock options fluctuates based upon the trading value of the Company’s Class A common stock.