Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Mezzanine Equity and Stockholders'/ Members' Equity (Unaudited)

v3.22.0.1
Consolidated Statements of Mezzanine Equity and Stockholders'/ Members' Equity (Unaudited) - USD ($)
$ in Thousands
Total
RSG LLC [Member]
Prior to the Organizational Transactions [Member]
RSG LLC [Member]
IPO [Member]
Organizational Transaction [Member]
Subsequent to Organizational Transactions [Member]
Common Class A [Member]
Common Class A [Member]
IPO [Member]
Common Class A [Member]
Organizational Transaction [Member]
Common Class B [Member]
Common Class B [Member]
Organizational Transaction [Member]
Common Class X [Member]
Mezzanine Equity [Member]
Mezzanine Equity [Member]
RSG LLC [Member]
Mezzanine Equity [Member]
Organizational Transaction [Member]
Mezzanine Equity [Member]
Redeemable Preferred Units [Member]
Member Interest [Member]
Member Interest [Member]
RSG LLC [Member]
Member Interest [Member]
Prior to the Organizational Transactions [Member]
RSG LLC [Member]
Member Interest [Member]
IPO [Member]
Member Interest [Member]
Organizational Transaction [Member]
Member Interest [Member]
Common Class A [Member]
Member Interest [Member]
Common Class B [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
IPO [Member]
Additional Paid-in Capital [Member]
Organizational Transaction [Member]
Additional Paid-in Capital [Member]
Common Class B [Member]
Accumulated Deficit [Member]
Accumulated Deficit [Member]
Subsequent to Organizational Transactions [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
RSG LLC [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Organizational Transaction [Member]
Non-controlling Interest [Member]
Non-controlling Interest [Member]
IPO [Member]
Non-controlling Interest [Member]
Organizational Transaction [Member]
Non-controlling Interest [Member]
Organizational Transaction [Member]
RSG LLC [Member]
Non-controlling Interest [Member]
Subsequent to Organizational Transactions [Member]
Common Stock [Member]
Common Stock [Member]
Common Class A [Member]
Common Stock [Member]
Common Class B [Member]
Beginning Balance at Dec. 31, 2018 $ (89,258)                               $ (92,190)                         $ 2,932                    
Beginning balance , Mezzanine Equity at Dec. 31, 2018                         $ 137,696                                                      
NET INCOME 63,057                               64,166                               $ (1,109)              
Other Comprehensive Income (2,068)                                                         (2,068)                    
Equity-based compensation expense 7,848                               7,848                                              
Accumulation of preferred dividends (% return), net of tax distributions (12,072)                               (12,072)                                              
Repurchases of Class A units (4,932)                               (4,932)                                              
Accretion of premium on mezzanine equity (1,948)                       1,948       (1,948)                                              
Related Party Acquisitions Of Preferred Units (3,316)                               (3,316)                                              
Equity Issued To The Board of Directors 304                               304                                              
Contribution to units 25,000                                           $ 25,000                                  
Loss on extinguishment of Founders’ subordinated promissory notes 0                                                                              
Distributions declared Members tax (33,104)                               (33,104)                                              
Distributions declared - partnership distribution (26,000)                               (26,000)                                              
Net Income (Loss) Attributable to Parent 64,166                                                                              
Net Income Loss Attributable To Noncontrolling Interest (1,109)                                                                              
Ending balance at Dec. 31, 2019 (76,489)                               (76,244)                         864     (1,109)              
Ending balance , Mezzanine Equity at Dec. 31, 2019                         139,644                                                      
NET INCOME 70,513                               68,104                               2,409              
Foreign currency translation adjustments 1,084                                                         1,084                    
Equity-based compensation expense 10,160                               10,160                                              
Related Party Acquisition (3,039)                               (3,039)                                              
Accumulation of preferred dividends (% return), net of tax distributions (12,032)                               (12,032)                                              
Repurchases of Class A units (52,220)                               52,220                                              
Change In Share Of Equity Method Investment In Related Party Other Comprehensive Income 754                                                         754                    
Accretion of premium on mezzanine equity (1,618)                       1,618       (1,618)                                              
Equity Issued To The Board of Directors 640                               640                                              
Contribution to units             $ 111,100     $ 10,649           $ 98,373           $ 111,100 $ 10,649                                  
Equity Issued To Related Party In Exchange For Extinguishment Of Subordinated Promissory Notes 81,931                               81,931                                              
Loss on extinguishment of Founders’ subordinated promissory notes (6,941)                               (6,941)                                              
Distributions declared Members tax (63,402)                               63,402                                              
Net Income (Loss) Attributable to Parent 68,104                                                                              
Net Income Loss Attributable To Noncontrolling Interest 2,409                                                                              
Ending balance at Dec. 31, 2020 71,090                               67,088                         2,702     1,300              
Ending balance , Mezzanine Equity at Dec. 31, 2020                         239,635                                                      
Net Income Loss Attributable Before Organizational Transactions   $ 72,937 $ 75,387                               $ 72,937                                          
NET INCOME 56,632         $ (18,755)                                                           $ 2,450        
Foreign currency translation adjustments 444                                                         444                    
Unpaid Preferred Return On Mezzanine Equity (1,728)                               (1,728)                                              
Equity-based compensation expense 8,457       $ 46,392                       8,457                 $ 42,846                 $ 3,546          
Related Party Acquisition (48,368)                               (44,618)                               (3,750)              
Accumulation of preferred dividends (% return), net of tax distributions (5,663)                               (5,663)                                              
Repurchases of Class A units (4,625)                               4,625                                              
Reclassification from preferred units to repurchase (75,012)                               (75,012)                                              
Change In Share Of Equity Method Investment In Related Party Other Comprehensive Income (302) (738)                                                       (129) $ (738)   (173)              
Accretion of premium on mezzanine equity (20,365)                       20,365       (20,365)                                              
Effect or equity prior to the organizational transactions   $ (24,878)     (843,962)       $ 45   $ 149     $ 260,000 $ (260,000)     $ (27,286)     $ 27,286         $ (1,142,998)         $ 2,408       271,556          
Effect or equity prior to the organizational transactions, Shares                 44,447,847   149,162,107                                                          
Common Units Exchanged For Common Stock Value               $ 32                       $ (29,675)         $ 59,318                 $ (29,675)            
Common Units Exchanged For Common Stock Shares               31,992,135                                                                
Stock Repurchased and Retired During Period, Value       $ (183,616)       $ (8)                                 (183,608)                 $ 0            
Stock Repurchased and Retired During Period, Shares               (8,224,708)       (640,784)                                                        
Impact Of IPO Alternative TRA Payments (761,706)                               (29,047)             $ 29,047                 (761,706)              
Equity Grant Modification Alternative TRA Payments (6,312)                                             (18,645)                 12,333              
Issuance of common stock, shares       66,667     9,634 65,456,020   149,162,107                                                            
Preferred Blocker Merger                         $ (260,000)                     343,515                 (343,515)              
Tax Receivable Agreement Shares Issued                       (640,784)                                                        
Deferred Tax Assets, Investment In RGS LLC 61,143                                             61,143                                
Members Equity Reclassification                                 157,882             (1,627,480)                 1,469,598              
Members Tax Distributions (23,757)                               (23,757)                                              
Loss on extinguishment of Founders’ subordinated promissory notes 0                                                                              
Distributions declared Members tax (11,155)                                                               11,155              
Common Blocker Merger Value             $ 21         $ 1         $ (71,874)             147,331                 (75,479)              
Common Blocker Merger Shares Issued             20,680,420         640,784                                                        
Stock Issued During Period, Value, New Issues 1,448,098             $ 65   $ 149                           $ (0) $ 1,448,033   $ (149)                       $ 0  
Forfeiture of common stock             18,953                                 0                             (0)  
Tax Receivable Agreement Liability And Deferred Taxes Arising From LLC Interest Ownership Exchanges 984                                             $ 984                                
Deferred Tax Assets, Exchanges Of LLC Units 329,000                                             329,000                                
Tax Receivable Agreement (282,471)                     $ 1                       (282,470)                                
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax         $ (1,645)                                                     $ (565)     $ (1,080)          
Net Income (Loss) Attributable to Parent 65,873                                                       $ (7,064)                      
Net Income Loss Attributable To Noncontrolling Interest (9,241)                                                                       $ (11,691)      
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance at Dec. 31, 2021 $ 594,777                                             $ 348,865       $ (7,064)   $ 1,714     $ 251,003         $ 110   $ 149
Balance Ending at Dec. 31, 2021             109,894,548     149,162,107