2024 Q3 Form 10-Q Financial Statement

#000172697824000101 Filed on October 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2023 Q3
Revenue $78.04M $71.03M
YoY Change 9.86% 23.13%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $58.98M $55.06M
YoY Change 7.12% 5.7%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.762M $2.410M
YoY Change 14.61% 33.22%
% of Gross Profit
Operating Expenses $61.60M $57.42M
YoY Change 7.28% 6.53%
Operating Profit $16.44M $13.61M
YoY Change 20.74% 259.4%
Interest Expense -$2.060M $1.617M
YoY Change -227.4% 14.36%
% of Operating Profit -12.53% 11.88%
Other Income/Expense, Net $544.0K $0.00
YoY Change
Pretax Income $14.92M $12.00M
YoY Change 24.38% 405.35%
Income Tax $2.300M $700.0K
% Of Pretax Income 15.41% 5.83%
Net Earnings $7.559M $6.934M
YoY Change 9.01% 250.38%
Net Earnings / Revenue 9.69% 9.76%
Basic Earnings Per Share $0.31 $0.29
Diluted Earnings Per Share $0.29 $0.28
COMMON SHARES
Basic Shares Outstanding 24.29M shares 24.12M shares
Diluted Shares Outstanding 37.94M shares 24.89M shares

Balance Sheet

Concept 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $47.54M $35.20M
Short-Term Investments
Other Short-Term Assets $5.701M $9.400M
YoY Change -39.35% 68.67%
Inventory
Prepaid Expenses $5.701M $9.445M
Receivables
Other Receivables
Total Short-Term Assets $76.75M $67.98M
YoY Change 12.91% -0.24%
LONG-TERM ASSETS
Property, Plant & Equipment $25.37M $31.71M
YoY Change -19.99% -9.97%
Goodwill
YoY Change
Intangibles $23.23M $14.79M
YoY Change 57.12% 241.14%
Long-Term Investments
YoY Change
Other Assets $4.565M $3.967M
YoY Change 15.07% -26.46%
Total Long-Term Assets $281.3M $273.5M
YoY Change 2.86% 6.89%
TOTAL ASSETS
Total Short-Term Assets $76.75M $67.98M
Total Long-Term Assets $281.3M $273.5M
Total Assets $358.1M $341.5M
YoY Change 4.86% 5.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.26M $14.80M
YoY Change 30.13% 9.63%
Accrued Expenses $59.55M $68.40M
YoY Change -12.94% -3.6%
Deferred Revenue $3.337M $4.831M
YoY Change -30.93% -22.38%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $10.06M $8.750M
YoY Change 15.01% 40.0%
Total Short-Term Liabilities $49.47M $38.97M
YoY Change 26.96% 11.29%
LONG-TERM LIABILITIES
Long-Term Debt $84.64M $70.01M
YoY Change 20.9% -38.34%
Other Long-Term Liabilities $176.4M $167.0M
YoY Change 5.63% 6.42%
Total Long-Term Liabilities $84.64M $70.01M
YoY Change 20.9% -38.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.47M $38.97M
Total Long-Term Liabilities $84.64M $70.01M
Total Liabilities $355.8M $335.7M
YoY Change 5.99% -9.19%
SHAREHOLDERS EQUITY
Retained Earnings -$31.03M -$50.55M
YoY Change -38.61% -17.52%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $58.35M $46.58M
YoY Change
Total Liabilities & Shareholders Equity $358.1M $341.5M
YoY Change 4.86% 5.39%

Cashflow Statement

Concept 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $7.559M $6.934M
YoY Change 9.01% 250.38%
Depreciation, Depletion And Amortization $2.762M $2.410M
YoY Change 14.61% 33.22%
Cash From Operating Activities $28.10M $21.12M
YoY Change 33.05% -7.87%
INVESTING ACTIVITIES
Capital Expenditures $3.363M $3.340M
YoY Change 0.69% -133.26%
Acquisitions
YoY Change
Other Investing Activities -$93.00K $20.00K
YoY Change -565.0% 81.82%
Cash From Investing Activities -$3.456M -$3.320M
YoY Change 4.1% -66.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -818.0K -1.650M
YoY Change -50.42% -185.58%
NET CHANGE
Cash From Operating Activities 28.10M 21.12M
Cash From Investing Activities -3.456M -3.320M
Cash From Financing Activities -818.0K -1.650M
Net Change In Cash 23.83M 16.15M
YoY Change 47.54% 8.96%
FREE CASH FLOW
Cash From Operating Activities $28.10M $21.12M
Capital Expenditures $3.363M $3.340M
Free Cash Flow $24.74M $17.78M
YoY Change 39.13% -46.07%

Facts In Submission

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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7093000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
102000 usd
CY2024Q3 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
0 usd
CY2024Q3 gshd Adjustments To Additional Paid In Capital Tax Receivable Agreement
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement
135000 usd
CY2024Q3 gshd Increase Decrease In Non Controlling Interest Reallocation
IncreaseDecreaseInNonControllingInterestReallocation
0 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2245000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-33624000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-181000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
173000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6620000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
201000 usd
CY2023Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
0 usd
CY2023Q1 gshd Adjustments To Additional Paid In Capital Tax Receivable Agreement
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement
828000 usd
CY2023Q1 gshd Increase Decrease In Non Controlling Interest Reallocation
IncreaseDecreaseInNonControllingInterestReallocation
0 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-25984000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5206000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
7180000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3518000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3955000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-9278000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14609000 usd
gshd Increase Decrease In Customer Premiums
IncreaseDecreaseInCustomerPremiums
86000 usd
gshd Increase Decrease In Customer Premiums
IncreaseDecreaseInCustomerPremiums
-142000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
621000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
6906000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
15000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
25000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
6398000 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
7537000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
63184000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
4473000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
8481000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-43700000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16086000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6065000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6674000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44047000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30387000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50112000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
37061000 usd
us-gaap Interest Paid Net
InterestPaidNet
5186000 usd
us-gaap Interest Paid Net
InterestPaidNet
4849000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
860000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
608000 usd
CY2024Q3 gshd Number Of Corporate Owned Locations
NumberOfCorporateOwnedLocations
13 location
CY2023Q3 gshd Number Of Corporate Owned Locations
NumberOfCorporateOwnedLocations
13 location
CY2024Q3 us-gaap Significant Changes Franchises Sold
SignificantChangesFranchisesSold
30 franchise
CY2023Q3 us-gaap Significant Changes Franchises Sold
SignificantChangesFranchisesSold
30 franchise
CY2024Q3 us-gaap Significant Changes Frachised Outlets In Operation
SignificantChangesFrachisedOutletsInOperation
1116 franchise
CY2023Q3 us-gaap Significant Changes Frachised Outlets In Operation
SignificantChangesFrachisedOutletsInOperation
1285 franchise
us-gaap Significant Changes Franchises Purchased During Period
SignificantChangesFranchisesPurchasedDuringPeriod
0 franchise
CY2023Q3 us-gaap Significant Changes Franchises Purchased During Period
SignificantChangesFranchisesPurchasedDuringPeriod
0 franchise
us-gaap Significant Changes Franchises Purchased During Period
SignificantChangesFranchisesPurchasedDuringPeriod
0 franchise
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5872000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
144000 usd
CY2023Q2 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
0 usd
CY2023Q2 gshd Adjustments To Additional Paid In Capital Tax Receivable Agreement
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement
1027000 usd
CY2023Q2 gshd Increase Decrease In Non Controlling Interest Reallocation
IncreaseDecreaseInNonControllingInterestReallocation
0 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-13448000 usd
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3275000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
11273000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3366000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6459000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
135000 usd
CY2023Q3 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
0 usd
CY2023Q3 gshd Adjustments To Additional Paid In Capital Tax Receivable Agreement
AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreement
1252000 usd
CY2023Q3 gshd Increase Decrease In Non Controlling Interest Reallocation
IncreaseDecreaseInNonControllingInterestReallocation
0 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5761000 usd
us-gaap Profit Loss
ProfitLoss
25291000 usd
us-gaap Profit Loss
ProfitLoss
18272000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8149000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6986000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
347000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3628000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2345000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3352000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
21082000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
18951000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
11394000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
14665000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8576000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-12336000 usd
gshd Noncash Lease Expense
NoncashLeaseExpense
-2715000 usd
gshd Noncash Lease Expense
NoncashLeaseExpense
-31000 usd
gshd Payments For Cloud Computing Arrangements
PaymentsForCloudComputingArrangements
684000 usd
gshd Payments For Cloud Computing Arrangements
PaymentsForCloudComputingArrangements
0 usd
gshd Increase Decrease In Accounts Receivable Franchise Receivable
IncreaseDecreaseInAccountsReceivableFranchiseReceivable
-3558000 usd
gshd Increase Decrease In Accounts Receivable Franchise Receivable
IncreaseDecreaseInAccountsReceivableFranchiseReceivable
-5470000 usd
gshd Increase Decrease In Accounts Receivable Commissions And Agency Fees Receivable
IncreaseDecreaseInAccountsReceivableCommissionsAndAgencyFeesReceivable
-2139000 usd
gshd Increase Decrease In Accounts Receivable Commissions And Agency Fees Receivable
IncreaseDecreaseInAccountsReceivableCommissionsAndAgencyFeesReceivable
-854000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2188000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
5111000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-317000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-226000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2260000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2964000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-8052000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-14594000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
59043000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37369000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
300000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 usd
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
44000 usd
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
34000 usd
us-gaap Payments For Software
PaymentsForSoftware
8465000 usd
us-gaap Payments For Software
PaymentsForSoftware
4645000 usd
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
0 usd
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
6043000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
557000 usd
CY2024Q3 us-gaap Significant Changes Franchises Purchased During Period
SignificantChangesFranchisesPurchasedDuringPeriod
0 franchise
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts in the prior period financial statements have been reclassified to conform to the presentation of the current period financial statements.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the three months ended June 30, 2024, the Company elected to change its presentation of the cash flows associated with "Premiums payable" from operating activities to present them as financing activities, net, within the Condensed Consolidated Statement of Cash Flows within the caption "Customer premiums, net". Comparative amounts have been recast to conform to current period presentation. This reclassification had no impact on the Condensed Consolidated Statements of Operations, Condensed Consolidated Balance Sheets or Condensed Consolidated Statements of Stockholders' Equity.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the three months ended March 31, 2024, the Company recorded loss on remeasurement of the tax receivable agreement ("TRA") liability within "Tax (benefit) expense". For the nine months ended September 30, 2024, those amounts have been reclassified to Other income (expense) within the Condensed Consolidated Statement of Operations. This reclassification had no impact on the Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Stockholders' Equity, or Condensed Consolidated Statement of Cash Flows.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. Accordingly, actual results could differ from those estimates as more information becomes known.</span></div>
CY2024Q1 gshd Number Of Office Leases
NumberOfOfficeLeases
1 office_lease
CY2024Q1 gshd Impairment Of Property And Equipment
ImpairmentOfPropertyAndEquipment
100000 usd
CY2024Q1 gshd Impairment Of Right Of Use Asset
ImpairmentOfRightOfUseAsset
200000 usd
CY2023Q3 gshd Number Of Office Leases
NumberOfOfficeLeases
2 office_lease
CY2023Q3 gshd Impairment Of Property And Equipment
ImpairmentOfPropertyAndEquipment
1400000 usd
CY2023Q3 gshd Impairment Of Right Of Use Asset
ImpairmentOfRightOfUseAsset
1100000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2600000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1900000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
47544000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35203000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2568000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1858000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
50112000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
37061000 usd
CY2024Q3 us-gaap Interest Income Interest Earning Asset
InterestIncomeInterestEarningAsset
500000 usd
us-gaap Interest Income Interest Earning Asset
InterestIncomeInterestEarningAsset
1000000.0 usd
us-gaap Interest Income Interest Earning Asset
InterestIncomeInterestEarningAsset
0 usd
CY2023Q3 us-gaap Interest Income Interest Earning Asset
InterestIncomeInterestEarningAsset
0 usd
gshd Franchise Fees Term Of Contract
FranchiseFeesTermOfContract
P10Y
CY2024Q3 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P10Y
CY2024Q3 us-gaap Revenues
Revenues
78035000 usd
CY2023Q3 us-gaap Revenues
Revenues
71030000 usd
us-gaap Revenues
Revenues
220583000 usd
us-gaap Revenues
Revenues
198262000 usd
CY2024Q3 us-gaap Revenues
Revenues
78035000 usd
CY2023Q3 us-gaap Revenues
Revenues
71030000 usd
us-gaap Revenues
Revenues
220583000 usd
us-gaap Revenues
Revenues
198262000 usd
CY2024Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1925000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2309000 usd
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-384000 usd
CY2024Q3 gshd Accounts Receivable Net Commissions And Agency Fees Receivable
AccountsReceivableNetCommissionsAndAgencyFeesReceivable
9679000 usd
CY2023Q4 gshd Accounts Receivable Net Commissions And Agency Fees Receivable
AccountsReceivableNetCommissionsAndAgencyFeesReceivable
12903000 usd
gshd Increase Decrease In Commissions And Fees Receivable
IncreaseDecreaseInCommissionsAndFeesReceivable
-3224000 usd
CY2024Q3 gshd Accounts Receivable Net Franchise Receivable
AccountsReceivableNetFranchiseReceivable
14905000 usd
CY2023Q4 gshd Accounts Receivable Net Franchise Receivable
AccountsReceivableNetFranchiseReceivable
18989000 usd
gshd Increase Decrease In Receivables From Franchisees
IncreaseDecreaseInReceivablesFromFranchisees
-4084000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
19047000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
27099000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-8052000 usd
gshd Franchise License Term
FranchiseLicenseTerm
P10Y
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
27099000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
5288000 usd
gshd Contract With Customer New Performance Obligation
ContractWithCustomerNewPerformanceObligation
2135000 usd
gshd Contract With Customer Liability Writeoffs
ContractWithCustomerLiabilityWriteoffs
4899000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
19047000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
53338000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
52834000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
27970000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
22518000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
25369000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
30316000 usd
us-gaap Depreciation
Depreciation
5500000 usd
us-gaap Depreciation
Depreciation
5700000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
28703000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20404000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5473000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3138000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
23230000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17266000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2300000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000 usd
us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0200
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2516000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
10063000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
83015000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
95594000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2300000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.16
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.06
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3300000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2900000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.15
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.14
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
190400000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
181200000 usd
CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2024Q3 gshd Conversion Ratio Common Stock
ConversionRatioCommonStock
1
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7559000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6934000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
6934000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15571000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10519000 usd
us-gaap Net Income Loss
NetIncomeLoss
10519000 usd
CY2024Q3 gshd Income Loss Before Income Taxes Attributable To Noncontrolling Interest
IncomeLossBeforeIncomeTaxesAttributableToNoncontrollingInterest
-5048000 usd
CY2023Q3 gshd Income Loss Before Income Taxes Attributable To Noncontrolling Interest
IncomeLossBeforeIncomeTaxesAttributableToNoncontrollingInterest
-4339000 usd
gshd Income Loss Before Income Taxes Attributable To Noncontrolling Interest
IncomeLossBeforeIncomeTaxesAttributableToNoncontrollingInterest
-9720000 usd
gshd Income Loss Before Income Taxes Attributable To Noncontrolling Interest
IncomeLossBeforeIncomeTaxesAttributableToNoncontrollingInterest
-7753000 usd
CY2024Q3 gshd Income Tax Effect On Income Attributable To Non Controlling Interests
IncomeTaxEffectOnIncomeAttributableToNonControllingInterests
1446000 usd
CY2023Q3 gshd Income Tax Effect On Income Attributable To Non Controlling Interests
IncomeTaxEffectOnIncomeAttributableToNonControllingInterests
0 usd
gshd Income Tax Effect On Income Attributable To Non Controlling Interests
IncomeTaxEffectOnIncomeAttributableToNonControllingInterests
3012000 usd
gshd Income Tax Effect On Income Attributable To Non Controlling Interests
IncomeTaxEffectOnIncomeAttributableToNonControllingInterests
0 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11161000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11273000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
22279000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
18272000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24293000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24124000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24124000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24689000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23674000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23674000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24293000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24124000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24689000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23674000 shares
CY2024Q3 gshd Weighted Average Number Of Shares Outstanding Diluted Dilutive Convertible Securities
WeightedAverageNumberOfSharesOutstandingDilutedDilutiveConvertibleSecurities
12733000 shares
CY2023Q3 gshd Weighted Average Number Of Shares Outstanding Diluted Dilutive Convertible Securities
WeightedAverageNumberOfSharesOutstandingDilutedDilutiveConvertibleSecurities
0 shares
gshd Weighted Average Number Of Shares Outstanding Diluted Dilutive Convertible Securities
WeightedAverageNumberOfSharesOutstandingDilutedDilutiveConvertibleSecurities
12782000 shares
gshd Weighted Average Number Of Shares Outstanding Diluted Dilutive Convertible Securities
WeightedAverageNumberOfSharesOutstandingDilutedDilutiveConvertibleSecurities
0 shares
CY2024Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
916000 shares
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
767000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
797000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
601000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37942000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24891000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38269000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24274000 shares
CY2024Q3 gshd Weighted Average Number Of Shares Outstanding Diluted Dilutive Convertible Securities
WeightedAverageNumberOfSharesOutstandingDilutedDilutiveConvertibleSecurities
12733000 shares
gshd Weighted Average Number Of Shares Outstanding Diluted Dilutive Convertible Securities
WeightedAverageNumberOfSharesOutstandingDilutedDilutiveConvertibleSecurities
12782000 shares
CY2024Q3 gshd Noncontrolling Interest Net Interest Income From Diluted
NoncontrollingInterestNetInterestIncomeFromDiluted
3600000 usd
gshd Noncontrolling Interest Net Interest Income From Diluted
NoncontrollingInterestNetInterestIncomeFromDiluted
6700000 usd
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1055000 shares
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 usd
CY2024Q3 gshd Share Repurchase Program Decrease To Excise Tax Payable
ShareRepurchaseProgramDecreaseToExciseTaxPayable
100000 usd
CY2024Q3 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
36800000 usd
CY2024Q3 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
3900000 usd
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
8200000 usd
us-gaap Weighted Average General Partnership Units Outstanding
WeightedAverageGeneralPartnershipUnitsOutstanding
37091000 shares

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