Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Treasury
Additional Paid-In Capital
Retained Earnings
Noncontrolling Interest Non Redeemable
Beginning balance at Dec. 31, 2019 $ 1,507,251 $ 361 $ (60,060) $ 949,321 $ 523,701 $ 93,928
Beginning balance (in shares) at Dec. 31, 2019   36,129,280 5,136,890      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income [1] 24,123       22,024 2,099
Acquired noncontrolling interest 2,880         2,880
Noncontrolling interest distributions (2,093)         (2,093)
Purchase of additional controlling interest (23,575)     (2,470)   (21,105)
Nonvested stock compensation 3,680     3,680    
Issuance of vested stock 2 $ 2        
Issuance of vested stock (in shares)   163,163        
Treasury shares redeemed to pay income tax (6,933)   $ (7,122) 189    
Treasury shares redeemed to pay income tax (in shares)     59,390      
Issuance of common stock under Employee Stock Purchase Plan (in shares)   4,663        
Issuance of common stock under Employee Stock Purchase Plan 610     610    
Ending balance at Mar. 31, 2020 1,505,945 $ 363 $ (67,182) 951,330 545,725 75,709
Ending balance (in shares) at Mar. 31, 2020   36,297,106 5,196,280      
Beginning balance at Dec. 31, 2019 1,507,251 $ 361 $ (60,060) 949,321 523,701 93,928
Beginning balance (in shares) at Dec. 31, 2019   36,129,280 5,136,890      
Ending balance at Sep. 30, 2020 1,571,586 $ 364 $ (68,845) 958,212 604,917 76,938
Ending balance (in shares) at Sep. 30, 2020   36,351,416 5,214,894      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to noncontrolling interest-redeemable 10,400          
Beginning balance at Mar. 31, 2020 1,505,945 $ 363 $ (67,182) 951,330 545,725 75,709
Beginning balance (in shares) at Mar. 31, 2020   36,297,106 5,196,280      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income [1] 51,750       44,692 7,058
Noncontrolling interest distributions (1,909)         (1,909)
Nonvested stock compensation 3,263     3,263    
Issuance of vested stock (in shares)   19,846        
Treasury shares redeemed to pay income tax (1,139)   $ (950) (189)    
Treasury shares redeemed to pay income tax (in shares)     6,256      
Exercise of options (in shares)   7,137 3,315      
Exercise of options (304)   $ (522) 218    
Issuance of common stock under Employee Stock Purchase Plan (in shares)   3,730        
Issuance of common stock under Employee Stock Purchase Plan 497     497    
Ending balance at Jun. 30, 2020 1,558,103 $ 363 $ (68,654) 955,119 590,417 80,858
Ending balance (in shares) at Jun. 30, 2020   36,327,819 5,205,851      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income [1] 13,730       14,500 (770)
Acquired noncontrolling interest 608         608
Noncontrolling interest distributions (6,375)         (6,375)
Sale of noncontrolling interest 2,324     (293)   2,617
Nonvested stock compensation 4,190     4,190    
Issuance of vested stock 1 $ 1        
Issuance of vested stock (in shares)   10,994        
Treasury shares redeemed to pay income tax (966)   $ (966) 0    
Treasury shares redeemed to pay income tax (in shares)     5,030      
Exercise of options (in shares)   9,149 4,013      
Exercise of options (601)   $ 775 (1,376)    
Issuance of common stock under Employee Stock Purchase Plan (in shares)   3,454        
Issuance of common stock under Employee Stock Purchase Plan 572     572    
Ending balance at Sep. 30, 2020 1,571,586 $ 364 $ (68,845) 958,212 604,917 76,938
Ending balance (in shares) at Sep. 30, 2020   36,351,416 5,214,894      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to noncontrolling interest-redeemable 700          
Beginning balance at Dec. 31, 2020 1,613,354 $ 364 $ (69,011) 962,120 635,297 84,584
Beginning balance (in shares) at Dec. 31, 2020   36,355,497 5,215,657      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income [2] 39,128       34,659 4,469
Noncontrolling interest distributions (2,417)         (2,417)
Purchase of additional controlling interest (142)     (81)   (61)
Sale of noncontrolling interest 138         138
Nonvested stock compensation 3,513     3,513    
Issuance of vested stock 1 $ 1        
Issuance of vested stock (in shares)   148,447        
Treasury shares redeemed to pay income tax $ (9,541)   $ (9,541)      
Treasury shares redeemed to pay income tax (in shares)     51,221      
Issuance of common stock under Employee Stock Purchase Plan (in shares) 3,204 3,204        
Issuance of common stock under Employee Stock Purchase Plan $ 649     649    
Ending balance at Mar. 31, 2021 1,644,683 $ 365 $ (78,552) 966,201 669,956 86,713
Ending balance (in shares) at Mar. 31, 2021   36,507,148 5,266,878      
Beginning balance at Dec. 31, 2020 1,613,354 $ 364 $ (69,011) 962,120 635,297 84,584
Beginning balance (in shares) at Dec. 31, 2020   36,355,497 5,215,657      
Ending balance at Sep. 30, 2021 1,716,193 $ 365 $ (80,605) 974,680 735,333 86,420
Ending balance (in shares) at Sep. 30, 2021   36,540,219 5,276,834      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to noncontrolling interest-redeemable 9,127          
Beginning balance at Mar. 31, 2021 1,644,683 $ 365 $ (78,552) 966,201 669,956 86,713
Beginning balance (in shares) at Mar. 31, 2021   36,507,148 5,266,878      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income [2] 42,875       37,643 5,232
Noncontrolling interest distributions (4,660)         (4,660)
Purchase of additional controlling interest (1,598)     (870)   (728)
Nonvested stock compensation 3,993     3,993    
Issuance of vested stock (in shares)   15,531        
Treasury shares redeemed to pay income tax $ (1,213)   $ (1,213) 0    
Treasury shares redeemed to pay income tax (in shares)     6,024      
Issuance of common stock under Employee Stock Purchase Plan (in shares) 3,152 3,152        
Issuance of common stock under Employee Stock Purchase Plan $ 573     573    
Ending balance at Jun. 30, 2021 1,684,653 $ 365 $ (79,765) 969,897 707,599 86,557
Ending balance (in shares) at Jun. 30, 2021   36,525,831 5,272,902      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income [2] 30,916       27,734 3,182
Noncontrolling interest distributions (5,052)         (5,052)
Sale of noncontrolling interest 1,650     (83)   1,733
Nonvested stock compensation 4,211     4,211    
Issuance of vested stock (in shares)   10,943        
Treasury shares redeemed to pay income tax $ (840)   $ (840)      
Treasury shares redeemed to pay income tax (in shares)     3,932      
Issuance of common stock under Employee Stock Purchase Plan (in shares) 3,445 3,445        
Issuance of common stock under Employee Stock Purchase Plan $ 655     655    
Ending balance at Sep. 30, 2021 1,716,193 $ 365 $ (80,605) $ 974,680 $ 735,333 $ 86,420
Ending balance (in shares) at Sep. 30, 2021   36,540,219 5,276,834      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income attributable to noncontrolling interest-redeemable $ 2,900          
[1] Net income excludes net income attributable to noncontrolling interest-redeemable of $0.7 million and $10.4 million during the three and nine months ended September 30, 2020. Noncontrolling interest-redeemable is reflected outside of permanent equity on the condensed consolidated balance sheets. See Note 8 of the Notes to Condensed Consolidated Financial Statements.
[2] Net income excludes net income attributable to noncontrolling interest-redeemable of $2.9 million and $9.1 million during the three and nine months ended September 30, 2021. Noncontrolling interest-redeemable is reflected outside of permanent equity on the condensed consolidated balance sheets. See Note 8 of the Notes to Condensed Consolidated Financial Statements.