Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements Of Comprehensive Income

v3.22.4
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Sales      
Sales $ 448,106 $ 375,794 $ 224,007
Cost of goods sold 284,690 238,862 146,212
Gross profit 163,416 136,932 77,795
Operating expenses      
Selling, general and administrative 135,039 105,494 71,428
Transaction costs 2,967 11,843 2,433
Contingent consideration expense 493 (1,605)  
Impairment of goodwill and indefinite-lived intangible assets 92,311    
Total operating expenses 230,810 115,732 73,861
Operating income (loss) (67,394) 21,200 3,934
Other expense      
Interest expense, net (7,895) (2,939) (1,261)
Other, net (1,842) (4,382) 912
Total other expense, net (9,737) (7,321) (349)
Income (loss) before income tax (77,131) 13,879 3,585
Income tax expense (benefit) (7,351) (12,214) (1,960)
Net income (loss) (69,780) 26,093 5,545
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustment (12,387) (6,721) 1,766
Unrealized gain on hedging activities (248) 1,171 (963)
Other comprehensive income (loss) (12,635) (5,550) 803
Comprehensive income (loss) $ (82,415) $ 20,543 $ 6,348
Net income per share:      
Basic $ (1.88) $ 0.79 $ 0.18
Diluted $ (1.88) $ 0.73 $ 0.18
Weighted average shares outstanding:      
Basic 37,201 33,136 30,175
Diluted 37,201 35,686 31,225
Domestic Sales [Member]      
Sales      
Sales $ 238,144 $ 225,878 $ 132,226
International Sales [Member]      
Sales      
Sales $ 209,962 $ 149,916 $ 91,781