CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
|
Total |
Class A Common Stock |
Class B Common Stock |
Common Stock
Class A Common Stock
|
Common Stock
Class B Common Stock
|
Additional Paid-In Capital |
Accumulated Deficit |
Treasury Stock |
Noncontrolling Interests |
| Beginning balance (shares) at Dec. 31, 2024 |
|
|
|
17,934,000
|
46,754,000
|
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
$ 274,075,000
|
|
|
$ 18,000
|
$ 47,000
|
$ 125,386,000
|
$ (50,566,000)
|
$ (21,046,000)
|
$ 220,236,000
|
| Beginning balance, treasury stock (shares) at Dec. 31, 2024 |
|
|
|
|
|
|
|
(1,565,000)
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Issuance of Class A common stock in connection with equity-based compensation plans (shares) |
|
|
|
243,000
|
|
|
|
|
|
| Issuance of Class A common stock related to vesting of restricted stock units |
0
|
|
|
$ 0
|
|
0
|
|
|
|
| Exercise of stock options (shares) |
|
|
|
0
|
|
|
|
|
|
| Exercise of stock options |
0
|
|
|
|
|
0
|
|
|
|
| Exchange of Class B common stock for Class A common stock (in shares) |
|
|
|
57,000
|
(57,000)
|
|
|
|
|
| Repurchase of stock related to tax withholdings on vested equity awards (shares) |
|
|
|
|
|
|
|
(243,000)
|
|
| Repurchase of stock related to tax withholdings on vested equity awards |
(3,232,000)
|
|
|
|
|
|
|
$ (3,232,000)
|
|
| Repurchase of stock related to the stock repurchase program (in shares) |
|
|
|
|
|
|
|
(2,006,000)
|
|
| Repurchase of stock related to the stock repurchase program |
(27,971,000)
|
|
|
|
|
|
|
$ (27,971,000)
|
|
| Reissuance of treasury stock |
1,821,000
|
|
|
|
|
|
(24,301,000)
|
$ 26,122,000
|
|
| Reissuance of treasury stock in connection with equity-based compensation plans (shares) |
|
|
|
|
|
|
|
1,833,000
|
|
| Allocation of equity to noncontrolling interests |
|
|
|
|
|
(8,510,000)
|
|
|
8,510,000
|
| Accrued member tax distributions |
(1,204,000)
|
|
|
|
|
(1,204,000)
|
|
|
|
| Stock-based compensation |
13,634,000
|
|
|
|
|
13,634,000
|
|
|
|
| Net loss |
(1,520,000)
|
|
|
|
|
|
(900,000)
|
|
(620,000)
|
| Ending balance (shares) at Jun. 30, 2025 |
|
|
|
18,234,000
|
46,696,000
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
255,603,000
|
|
|
$ 18,000
|
$ 47,000
|
129,306,000
|
(75,767,000)
|
$ (26,127,000)
|
228,126,000
|
| Ending balance, treasury stock (shares) at Jun. 30, 2025 |
|
|
|
|
|
|
|
(1,982,000)
|
|
| Beginning balance (shares) at Mar. 31, 2025 |
|
|
|
18,210,000
|
46,720,000
|
|
|
|
|
| Beginning balance at Mar. 31, 2025 |
257,515,000
|
|
|
$ 18,000
|
$ 47,000
|
128,559,000
|
(64,660,000)
|
$ (27,513,000)
|
221,064,000
|
| Beginning balance, treasury stock (shares) at Mar. 31, 2025 |
|
|
|
|
|
|
|
(1,795,000)
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Issuance of Class A common stock in connection with equity-based compensation plans (shares) |
|
|
|
0
|
|
|
|
|
|
| Exchange of Class B common stock for Class A common stock (in shares) |
|
|
|
24,000
|
(24,000)
|
|
|
|
|
| Repurchase of stock related to tax withholdings on vested equity awards (shares) |
|
|
|
|
|
|
|
0
|
|
| Repurchase of stock related to tax withholdings on vested equity awards |
0
|
|
|
|
|
|
|
$ 0
|
|
| Repurchase of stock related to the stock repurchase program (in shares) |
|
|
|
|
|
|
|
(816,000)
|
|
| Repurchase of stock related to the stock repurchase program |
(10,610,000)
|
|
|
|
|
|
|
$ (10,610,000)
|
|
| Reissuance of treasury stock |
599,000
|
|
|
|
|
|
(11,397,000)
|
$ 11,996,000
|
|
| Reissuance of treasury stock in connection with equity-based compensation plans (shares) |
|
|
|
|
|
|
|
629,000
|
|
| Allocation of equity to noncontrolling interests |
|
|
|
|
|
(5,565,000)
|
|
|
5,565,000
|
| Accrued member tax distributions |
(1,031,000)
|
|
|
|
|
(1,031,000)
|
|
|
|
| Stock-based compensation |
7,343,000
|
|
|
|
|
7,343,000
|
|
|
|
| Net loss |
1,787,000
|
|
|
|
|
|
290,000
|
|
1,497,000
|
| Ending balance (shares) at Jun. 30, 2025 |
|
|
|
18,234,000
|
46,696,000
|
|
|
|
|
| Ending balance at Jun. 30, 2025 |
255,603,000
|
|
|
$ 18,000
|
$ 47,000
|
129,306,000
|
(75,767,000)
|
$ (26,127,000)
|
228,126,000
|
| Ending balance, treasury stock (shares) at Jun. 30, 2025 |
|
|
|
|
|
|
|
(1,982,000)
|
|
| Beginning balance (shares) at Dec. 31, 2025 |
|
|
|
18,271,000
|
45,717,000
|
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
$ 288,801,000
|
|
|
$ 18,000
|
$ 46,000
|
182,744,000
|
(91,751,000)
|
$ (8,920,000)
|
206,664,000
|
| Beginning balance, treasury stock (shares) at Dec. 31, 2025 |
(678,095)
|
|
|
|
|
|
|
(678,000)
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Issuance of Class A common stock in connection with equity-based compensation plans (shares) |
|
|
|
783,000
|
|
|
|
|
|
| Issuance of Class A common stock related to vesting of restricted stock units |
|
|
|
$ 1,000
|
|
|
|
|
|
| Issuance of Class A common stock related to acquisitions (in shares) |
|
|
|
1,657,000
|
|
|
|
|
|
| Stock Issued During Period, Value, Acquisitions |
$ 18,854,000
|
|
|
$ 2,000
|
|
18,852,000
|
|
|
|
| Issuance of Class A common stock in connection with exercise of stock options (shares) |
|
|
|
26,000
|
|
|
|
|
|
| Exercise of stock options |
152,000
|
|
|
|
|
152,000
|
|
|
|
| Exchange of Class B common stock for Class A common stock (in shares) |
|
|
|
315,000
|
(315,000)
|
|
|
|
|
| Repurchase of stock related to tax withholdings on vested equity awards (shares) |
|
|
|
|
|
|
|
(297,000)
|
|
| Repurchase of stock related to tax withholdings on vested equity awards |
$ (3,121,000)
|
|
|
|
|
|
|
$ (3,121,000)
|
|
| Repurchase of stock related to the stock repurchase program (in shares) |
(94,000)
|
(94,000)
|
0
|
|
|
|
|
(94,000)
|
|
| Repurchase of stock related to the stock repurchase program |
$ (987,000)
|
$ (987,000)
|
$ 0
|
|
|
|
|
$ (987,000)
|
|
| Retirement of treasury stock (in shares) |
|
|
|
0
|
|
|
|
0
|
|
| Retirement of treasury stock |
0
|
|
|
$ 0
|
|
|
0
|
$ 0
|
|
| Reissuance of treasury stock |
852,000
|
|
|
|
|
|
(12,176,000)
|
$ 13,028,000
|
|
| Reissuance of treasury stock in connection with equity-based compensation plans (shares) |
|
|
|
|
|
|
|
1,069,000
|
|
| Tax receivable agreement liability and deferred taxes arising from exchanges or remeasurements |
(225,000)
|
|
|
|
|
(225,000)
|
|
|
|
| Allocation of equity to noncontrolling interests |
|
|
|
|
|
(2,174,000)
|
|
|
2,174,000
|
| Accrued member tax distributions |
(372,000)
|
|
|
|
|
(372,000)
|
|
|
|
| Stock-based compensation |
18,899,000
|
|
|
|
|
18,899,000
|
|
|
|
| Net loss |
(4,026,000)
|
|
|
|
|
|
(566,000)
|
|
(3,460,000)
|
| Ending balance (shares) at Jun. 30, 2026 |
|
|
|
21,053,000
|
45,402,000
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
$ 318,827,000
|
|
|
$ 21,000
|
$ 45,000
|
217,876,000
|
(104,493,000)
|
$ 0
|
205,378,000
|
| Ending balance, treasury stock (shares) at Jun. 30, 2026 |
0
|
|
|
|
|
|
|
0
|
|
| Beginning balance (shares) at Mar. 31, 2026 |
|
|
|
18,820,000
|
45,560,000
|
|
|
|
|
| Beginning balance at Mar. 31, 2026 |
$ 290,399,000
|
|
|
$ 19,000
|
$ 46,000
|
190,099,000
|
(98,749,000)
|
$ (6,105,000)
|
205,089,000
|
| Beginning balance, treasury stock (shares) at Mar. 31, 2026 |
|
|
|
|
|
|
|
(556,000)
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
|
|
| Issuance of Class A common stock in connection with equity-based compensation plans (shares) |
|
|
|
392,000
|
|
|
|
|
|
| Issuance of Class A common stock related to acquisitions (in shares) |
|
|
|
1,657,000
|
|
|
|
|
|
| Stock Issued During Period, Value, Acquisitions |
18,854,000
|
|
|
$ 2,000
|
|
18,852,000
|
|
|
|
| Issuance of Class A common stock in connection with exercise of stock options (shares) |
|
|
|
26,000
|
|
|
|
|
|
| Exercise of stock options |
152,000
|
|
|
|
|
152,000
|
|
|
|
| Exchange of Class B common stock for Class A common stock |
0
|
|
|
$ 0
|
|
|
|
|
|
| Exchange of Class B common stock for Class A common stock (in shares) |
|
|
|
158,000
|
(158,000)
|
|
|
|
|
| Repurchase of stock related to tax withholdings on vested equity awards (shares) |
|
|
|
|
|
|
|
0
|
|
| Repurchase of stock related to tax withholdings on vested equity awards |
$ 0
|
|
|
|
|
|
|
$ 0
|
|
| Repurchase of stock related to the stock repurchase program (in shares) |
0
|
0
|
0
|
|
|
|
|
0
|
|
| Repurchase of stock related to the stock repurchase program |
$ 0
|
$ 0
|
$ 0
|
|
|
|
|
$ 0
|
|
| Retirement of treasury stock (in shares) |
|
|
|
0
|
|
|
|
0
|
|
| Retirement of treasury stock |
0
|
|
|
$ 0
|
|
|
0
|
$ 0
|
|
| Reissuance of treasury stock |
472,000
|
|
|
|
|
|
(5,633,000)
|
$ 6,105,000
|
|
| Reissuance of treasury stock in connection with equity-based compensation plans (shares) |
|
|
|
|
|
|
|
556,000
|
|
| Tax receivable agreement liability and deferred taxes arising from exchanges or remeasurements |
(364,000)
|
|
|
|
|
(364,000)
|
|
|
|
| Allocation of equity to noncontrolling interests |
|
|
|
|
|
(2,014,000)
|
|
|
2,014,000
|
| Accrued member tax distributions |
(213,000)
|
|
|
|
|
(213,000)
|
|
|
|
| Stock-based compensation |
11,364,000
|
|
|
|
|
11,364,000
|
|
|
|
| Net loss |
(1,836,000)
|
|
|
|
|
|
(111,000)
|
|
(1,725,000)
|
| Ending balance (shares) at Jun. 30, 2026 |
|
|
|
21,053,000
|
45,402,000
|
|
|
|
|
| Ending balance at Jun. 30, 2026 |
$ 318,827,000
|
|
|
$ 21,000
|
$ 45,000
|
$ 217,876,000
|
$ (104,493,000)
|
$ 0
|
$ 205,378,000
|
| Ending balance, treasury stock (shares) at Jun. 30, 2026 |
0
|
|
|
|
|
|
|
0
|
|