v3.26.3
Redeemable Noncontrolling Interest ("RNCI")
9 Months Ended
Sep. 30, 2026
Income Amounts Attributable to Noncontrolling Interest, Disclosures [Abstract]  
Redeemable Noncontrolling Interest ("RNCI")

15. Redeemable Noncontrolling Interest (“RNCI”)

We hold an 81% controlling interest in iDisplay, with the remaining 19% owned by the seller of iDisplay (“iDisplay Seller”). The remaining 19% interest is subject to a put option held by the iDisplay Seller within one year after the fifth anniversary of July 1, 2024 and a call option held by Corsair at any time after the second anniversary of July 1, 2024, with exercise prices based on certain prescribed multiples of iDisplay’s historical trailing twelve-month EBITDA, less any debt.

Since the redemption of the noncontrolling interest is not solely within our control, the carrying value of the remaining 19% interest in iDisplay is classified as temporary equity in our consolidated balance sheet.

The following table presents the changes in RNCI for the periods presented (in thousands):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

15,498

 

 

$

11,274

 

 

$

12,197

 

 

$

15,149

 

Share of net income

 

 

170

 

 

 

237

 

 

 

749

 

 

 

935

 

Share of other comprehensive income (loss)

 

 

—

 

 

 

(71

)

 

 

(38

)

 

 

103

 

Dividend paid

 

 

—

 

 

 

 

 

 

(175

)

 

 

(494

)

Change in redemption value

 

 

(96

)

 

 

(1,095

)

 

 

2,839

 

 

 

(5,348

)

Balance at end of period

 

$

15,572

 

 

$

10,345

 

 

$

15,572

 

 

$

10,345