Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.23.1
Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Schedule of Change in Ownership Interest
The following table summarizes changes in the ownership interest in consolidated subsidiaries during the periods presented:
Three Months Ended March 31,
2023 2022
Net income (loss) attributable to Class A common shareholders $ 51,999  $ (9,985)
Transfers from the noncontrolling interest, net 1
978  N/A
Change from Net income (loss) attributable to Class A common shareholders and net transfers from Noncontrolling interest $ 52,977  $ (9,985)
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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.