Shareholders' Equity (Tables)
|3 Months Ended|
Mar. 31, 2023
|Schedule of Change in Ownership Interest||
The following table summarizes changes in the ownership interest in consolidated subsidiaries during the periods presented:
1 The three months ended March 31, 2023 includes a net transfer of $1.0 million from Noncontrolling interest for share repurchases and common stock issuances related to employees’ share-based compensation with a corresponding adjustment to Paid-in capital. This equity adjustment had no impact on earnings other than a resulting increase to the noncontrolling interest proportionate share of net income and a corresponding decrease to the proportionate share of net income attributable to Class A common shareholders.
The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
No definition available.