Tax Receivable Agreements |
9 Months Ended |
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Sep. 30, 2026 | |
| Tax Receivable Agreements [Abstract] | |
| Tax Receivable Agreements | Note 14 - Tax Receivable Agreements For information related to our TRAs, refer to Note 15 - Tax Receivable Agreements in our 2025 Form 10-K. As of September 30, 2026 and December 31, 2025, the Company had a liability of $2,725.4 million and $2,731.9 million, respectively, related to its projected obligations under the TRAs. During the three months ended September 30, 2026 and 2025, we recognized a TRA measurement loss of $0.3 million and gain of $0.8 million, respectively. During the nine months ended September 30, 2026 and 2025, we recognized a TRA measurement gain of $5.2 million and $14.2 million, respectively. The TRA remeasurement is recognized within Other (income) loss, net on our Consolidated Statements of Operations. The TRA measurement gains or losses recognized during 2026 were principally due to the utilization of certain tax attributes without a corresponding realized cash tax benefit, and a revaluation for changes in the Company’s blended state tax rate. The TRA measurement gains recognized during 2025 were principally due to a revaluation for changes in the Company’s blended state tax rate. During the nine months ended September 30, 2026 and 2025, the Company made TRA payments of $1.2 million and $23.1 million, respectively.
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