Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

v3.19.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Partners
Members' Equity
Common Stock
Retained Earnings (Deficit)
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Stingray Entities
Stingray Entities
Common Stock
Stingray Entities
Additional Paid-In Capital
Sturgeon Acquisitions LLC
Sturgeon Acquisitions LLC
Members' Equity
Sturgeon Acquisitions LLC
Common Stock
Sturgeon Acquisitions LLC
Additional Paid-In Capital
Common stock (in shares) at Dec. 31, 2015 [1]       0                    
Beginning balance at Dec. 31, 2015 [1] $ 413,947     $ 0 $ 0 $ 0 $ (5,927)              
Beginning balance at Dec. 31, 2015 [1]   $ 329,090 $ 90,784                      
Increase (Decrease) in Partners' Capital [Roll Forward]                            
Net loss subsequent to LLC conversion (56,323)       (56,323)                  
Net loss prior to LLC conversion (32,085) (32,085)                        
Net loss of Sturgeon prior to acquisition (4,045)   (4,045)                      
Distributions (5,000)   (5,000)                      
Stock based compensation (19) (19)                        
LLC Conversion (Note 1) 0 (296,986)       296,986                
Issuance of common stock at public offering, net of offering costs (in shares)       37,500,000                    
Issuance of common stock at public offering, net of offering costs 103,075     $ 375   102,700                
Stock based compensation 520         520                
Other comprehensive income 2,711           2,711              
Common stock (in shares) at Dec. 31, 2016 [1]       37,500,000                    
Ending balance at Dec. 31, 2016 [1] 422,781     $ 375 (56,323) 400,206 (3,216)              
Ending balance at Dec. 31, 2016 [1]   0 81,739                      
Increase (Decrease) in Partners' Capital [Roll Forward]                            
Net loss of Sturgeon prior to acquisition 640   640                      
Stock based compensation 3,744     $ 1   3,743                
Stock based compensation (in shares)       89,000                    
Acquisition of company (in shares)                 1,393,000       5,607,000  
Acquisition of company               $ 25,762 $ 14 $ 25,748 $ (4,010) $ (82,379) $ 56 $ 78,313
Net income after acquisition 58,324       58,324                  
Other comprehensive income $ 555           555              
Common stock (in shares) at Dec. 31, 2017 44,589,306     44,589,000                    
Ending balance at Dec. 31, 2017 $ 507,796     $ 446 2,001 508,010 (2,661)              
Ending balance at Dec. 31, 2017   0 0                      
Increase (Decrease) in Partners' Capital [Roll Forward]                            
Equity based compensation (Note 17) 17,487         17,487                
Stock based compensation 5,425     $ 3   5,422                
Stock based compensation (in shares)       288,000                    
Net income after acquisition 235,965       235,965                  
Cash dividends declared ($0.25 per share) (11,201)       (11,201)                  
Other comprehensive income $ (1,420)           (1,420)              
Common stock (in shares) at Dec. 31, 2018 44,876,649     44,877,000                    
Ending balance at Dec. 31, 2018 $ 754,052     $ 449 $ 226,765 $ 530,919 $ (4,081)              
Ending balance at Dec. 31, 2018   $ 0 $ 0                      
[1] Financial information has been recast to include the financial position and results attributable to Sturgeon. See Note 4.