v3.26.1
Stockholders' Equity and Redeemable Non-Controlling Interests (Tables)
 3 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Rollforward of the Company's Shares of Common Stock Outstanding
The following table shows a rollforward of the Company’s shares of common stock outstanding since March 31, 2026:
Class A Common StockClass B Common Stock
March 31, 202680,703,553 38,637,761 
Class A common stock issued in exchange for Class B Partnership units250,000 (250,000)
Class A common stock issued in exchange for Class C Partnership units50,000 — 
Class A common stock issued in exchange for Class D Partnership units831,428 — 
Class A common stock issued for vesting of equity-based awards, net of shares withheld for taxes3,115 — 
Class A common stock issued for purchase of asset class non-controlling interests972,685 — 
Class A common stock repurchased and retired(469,897)— 
June 30, 202682,340,884 38,387,761 
Schedule of Class A Common Stock Repurchased
The following table presents information about Class A common stock repurchased on the open market:
Three Months Ended June 30,
(in thousands, except share and per share amounts)20262025
Shares of Class A common stock repurchased469,897 — 
Average price paid per share$40.89 $— 
Total cost$19,212 $— 
Schedule of Redeemable Non-Controlling Interests
The following table summarizes the activities associated with the redeemable non-controlling interests in Consolidated Funds:
Three Months Ended June 30,
20262025
Beginning balance$186,236 $377,897 
Contributions72,005 67,700 
Redemption of redeemable non-controlling interests(1,991)(6,627)
Net income3,663 20,957 
Ending balance$259,913 $459,927 
The following table summarizes the activities associated with the redeemable non-controlling interests in subsidiaries:
Three Months Ended June 30,
20262025
Beginning balance$8,777 $6,327 
Net income437 579 
Ending balance$9,214 $6,906