v3.24.2.u1
Condensed Consolidated Statements of Stockholders' and Members' Equity and Redeemable Noncontrolling Interest (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Prior to Initial Public Offering and Reorganization [Member]
After Initial Public Offering and Reorganization [Member]
Common Stock [Member]
Common Stock [Member]
Common Class A
Common Stock [Member]
Common Class B [Member]
Additional Paid-in Capital [Member]
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
After Initial Public Offering and Reorganization [Member]
Members' Equity [Member]
Members' Equity [Member]
Prior to Initial Public Offering and Reorganization [Member]
Redeemable noncontrolling interest, Beginning balance at Dec. 31, 2022 $ 0                    
Beginning Balance at Dec. 31, 2022 511,357                 $ 511,357  
Member distributions prior to IPO (15,000)                 (15,000)  
Net Income (Loss) 40,252 $ 54,561 $ 40,252           $ 40,252   $ 54,561
Effect of reorganization and reclassification to redeemable noncontrolling interest 771,345                    
Effect of reorganization and reclassification to redeemable noncontrolling interest (Note 1) (771,345)       $ 391 $ 429 $ (221,247)     $ (550,918)  
Effect of reorganization and reclassification to redeemable noncontrolling interest, Shares         39,148 42,852          
Issuance of Class A common stock in IPO, net of offering costs, Shares         18,000            
Issuance of Class A common stock in IPO, net of offering costs 291,236       $ 180   291,056        
Deferred tax liability arising from IPO (27,537)           (27,537)        
Stock-based compensation 1,878           1,878        
Net income after IPO and reorganization, Redeemable noncontrolling interest     $ 39,303                
Other distributions to redeemable non-controlling interest unitholders (1,777)                    
$0.15/share Class A common stock dividend (8,572)             $ (8,572)      
Dividends (6,428)                    
Dividend equivalent rights (144)             (144)      
Equity issued in connection with Hi-Crush Transaction, Value 0                    
Ending Balance at Jun. 30, 2023 76,686       $ 571 $ 429 44,150 31,536      
Ending Balance, Shares at Jun. 30, 2023         57,148 42,852          
Redeemable noncontrolling interest, Ending balance at Jun. 30, 2023 802,443                    
Beginning Balance, Shares at Dec. 31, 2023       100,026              
Beginning Balance at Dec. 31, 2023 867,824     $ 1,000     908,079 (41,255)      
Net Income (Loss) 41,624             41,624      
Stock-based compensation 9,672           9,672        
Dividends (45,173)           (45,173)        
Dividend equivalent rights (1,069)           (1,069)        
Issuance of Common Stock upon vesting of RSUs, Shares       126              
Issuance of common stock upon vesting of RSUs       $ 1     (1)        
Equity issued in connection with Hi-Crush Transaction, Shares       9,711              
Equity issued in connection with Hi-Crush Transaction, Value 189,082     $ 97     188,985        
Ending Balance at Jun. 30, 2024 $ 1,061,960     $ 1,098     $ 1,060,493 $ 369      
Ending Balance, Shares at Jun. 30, 2024       109,863