Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Stockholders??? Equity

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Condensed Consolidated Statements of Stockholders’ Equity - USD ($)
$ in Millions
Total
Conversion of shares of class B common stock to class A common stock
Class A Common Stock
Class B Common Stock
Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Conversion of shares of class B common stock to class A common stock
Common Stock
Class B Common Stock
Common Stock
Class B Common Stock
Conversion of shares of class B common stock to class A common stock
Treasury Stock
Additional Paid-In Capital
Additional Paid-In Capital
Conversion of shares of class B common stock to class A common stock
Accumulated Deficit
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interests
Noncontrolling Interests
Conversion of shares of class B common stock to class A common stock
Beginning balance (in shares) at Oct. 19, 2021     9,976,164                        
Ending balance (in shares) at Oct. 20, 2021     18,750,000 18,750,000                      
Beginning balance (in shares) at Dec. 31, 2022         200,298,834   8,040,540                
Beginning balance at Dec. 31, 2022 $ 1,467.2       $ 0.0   $ 0.0   $ 0.0 $ 1,882.4   $ (408.5) $ (75.7) $ 69.0  
Beginning balance (in shares) at Dec. 31, 2022                 0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Stock issued, conversion of convertible securities (in shares)         100 193,207   (193,207)              
Stock issued for vested restricted stock units (in shares)         40,764                    
Stock compensation to directors in lieu of cash compensation (in shares)         12,090                    
Stock compensation to directors in lieu of cash compensation 0.1                 0.1          
Conversion of shares of class B common stock to class A common stock   $ 0.0                 $ 1.6       $ (1.6)
Issuance of shares of class A common stock, net of offering costs (in shares)         17,142,857                    
Issuance of shares of class A common stock, net of offering costs 149.8                 149.8          
Stock-based compensation expense 5.5                 5.5          
Net loss (42.9)                     (41.9)   (1.0)  
Other comprehensive income 8.3                       8.0 0.3  
Ending balance (in shares) at Mar. 31, 2023         217,687,852   7,847,333                
Ending balance at Mar. 31, 2023 1,588.0       $ 0.0   $ 0.0   $ 0.0 2,039.4   (450.4) (67.7) 66.7  
Ending balance (in shares) at Mar. 31, 2023                 0            
Beginning balance (in shares) at Dec. 31, 2023     218,177,832 7,787,333 218,177,832   7,787,333                
Beginning balance at Dec. 31, 2023 $ 1,550.0       $ 0.0   $ 0.0   $ (1.3) 2,056.5   (505.4) (65.3) 65.5  
Beginning balance (in shares) at Dec. 31, 2023 149,076               149,076            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Stock issued, conversion of convertible securities (in shares)           460,910   (460,910)              
Stock issued for vested restricted stock units (in shares)         88,171                    
Stock compensation to directors in lieu of cash compensation (in shares)         8,420                    
Stock compensation to directors in lieu of cash compensation $ 0.1                 0.1          
Conversion of shares of class B common stock to class A common stock   $ 0.0                 $ 3.8       $ (3.8)
Stock-based compensation expense 3.5                 3.5          
Net loss (26.5)                     (25.8)   (0.7)  
Other comprehensive income $ (9.2)                       (8.9) (0.3)  
Ending balance (in shares) at Mar. 31, 2024 18,750,000   218,735,333 7,326,423 218,735,333   7,326,423                
Ending balance at Mar. 31, 2024 $ 1,517.9       $ 0.0   $ 0.0   $ (1.3) $ 2,063.9   $ (531.2) $ (74.2) $ 60.7  
Ending balance (in shares) at Mar. 31, 2024 149,076               149,076