v3.26.1
UNAUDITED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss), Net of Tax
Class A Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Class B Common Stock
Common Stock
Beginning balance at Dec. 31, 2024 $ 1,550,839 $ 1,679,878 $ (132,985) $ 3,312   $ 624   $ 10
Beginning balance (in shares) at Dec. 31, 2024           62,370,000   988,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuances of Class A common stock 0 (1)       $ 1    
Issuance of Class A common stock (in shares)           105,000    
Stock-based compensation 4,911 4,911            
Comprehensive income (loss):                
Net income (loss) (4,810)   (4,810)          
Other comprehensive income (loss), net of tax:                
Hedging activity (4,051)     (4,051)        
Ending balance at Mar. 31, 2025 1,546,889 1,684,788 (137,795) (739)   $ 625   $ 10
Ending balance (in shares) at Mar. 31, 2025           62,475,000   988,000
Beginning balance at Dec. 31, 2024 1,550,839 1,679,878 (132,985) 3,312   $ 624   $ 10
Beginning balance (in shares) at Dec. 31, 2024           62,370,000   988,000
Comprehensive income (loss):                
Net income (loss) 398              
Other comprehensive income (loss), net of tax:                
Hedging activity (6,267)              
Ending balance at Jun. 30, 2025 1,554,181 1,689,088 (132,587) (2,955)   $ 625   $ 10
Ending balance (in shares) at Jun. 30, 2025         62,502,000 62,502,000 988,000 988,000
Beginning balance at Mar. 31, 2025 1,546,889 1,684,788 (137,795) (739)   $ 625   $ 10
Beginning balance (in shares) at Mar. 31, 2025           62,475,000   988,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuances of Class A common stock 1,434 1,434            
Issuance of Class A common stock (in shares)           27,000    
Stock-based compensation 2,866 2,866            
Comprehensive income (loss):                
Net income (loss) 5,208   5,208          
Other comprehensive income (loss), net of tax:                
Hedging activity (2,216)     (2,216)        
Ending balance at Jun. 30, 2025 1,554,181 1,689,088 (132,587) (2,955)   $ 625   $ 10
Ending balance (in shares) at Jun. 30, 2025         62,502,000 62,502,000 988,000 988,000
Beginning balance at Dec. 31, 2025 1,568,709 1,697,143 (125,114) (3,955)   $ 625   $ 10
Beginning balance (in shares) at Dec. 31, 2025         62,526,000 62,526,000 988,000 988,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuances of Class A common stock (3) (4)       $ 1    
Issuance of Class A common stock (in shares)           96,000    
Stock-based compensation 2,866 2,866            
Comprehensive income (loss):                
Net income (loss) (5,539)   (5,539)          
Other comprehensive income (loss), net of tax:                
Hedging activity 2,259     2,259        
Ending balance at Mar. 31, 2026 1,568,292 1,700,005 (130,653) (1,696)   $ 626   $ 10
Ending balance (in shares) at Mar. 31, 2026           62,622,000   988,000
Beginning balance at Dec. 31, 2025 1,568,709 1,697,143 (125,114) (3,955)   $ 625   $ 10
Beginning balance (in shares) at Dec. 31, 2025         62,526,000 62,526,000 988,000 988,000
Comprehensive income (loss):                
Net income (loss) (1,769)              
Other comprehensive income (loss), net of tax:                
Hedging activity 4,515              
Ending balance at Jun. 30, 2026 1,580,024 1,705,710 (126,883) 560   $ 627   $ 10
Ending balance (in shares) at Jun. 30, 2026         62,651,000 62,651,000 988,000 988,000
Beginning balance at Mar. 31, 2026 1,568,292 1,700,005 (130,653) (1,696)   $ 626   $ 10
Beginning balance (in shares) at Mar. 31, 2026           62,622,000   988,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuances of Class A common stock 1,689 1,688       $ 1    
Issuance of Class A common stock (in shares)           29,000    
Stock-based compensation 4,017 4,017            
Comprehensive income (loss):                
Net income (loss) 3,770   3,770          
Other comprehensive income (loss), net of tax:                
Hedging activity 2,256     2,256        
Ending balance at Jun. 30, 2026 $ 1,580,024 $ 1,705,710 $ (126,883) $ 560   $ 627   $ 10
Ending balance (in shares) at Jun. 30, 2026         62,651,000 62,651,000 988,000 988,000