Annual report pursuant to Section 13 and 15(d)

Goodwill And Intangible Assets (Tables)

v3.22.4
Goodwill And Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill And Intangible Assets [Abstract]  
Schedule Of Goodwill

Outdoor

Precision Sport

Adventure

Total

Goodwill

$

29,507

$

26,715

$

-

$

56,222

Accumulated goodwill impairment losses

(29,507)

-

-

(29,507)

Balance at December 31, 2020

-

26,715

-

26,715

Increase due to acquisitions of Rhino-Rack and MAXTRAX

-

-

92,805

92,805

Impact of foreign currency exchange rates

-

-

(1,430)

(1,430)

Balance at December 31, 2021

-

26,715

91,375

118,090

Decrease due to impairment

-

-

(52,071)

(52,071)

Acquisition adjustment

-

-

741

741

Impact of foreign currency exchange rates

-

-

(3,767)

(3,767)

Balance at December 31, 2022

$

-

$

26,715

$

36,278

$

62,993

Schedule Of Indefinite Lived Intangible Assets

Balance at December 31, 2021

$

128,271

Decrease due to impairment of Rhino-Rack trademark

(40,240)

Impact of foreign currency exchange rates

(5,130)

Balance at December 31, 2022

$

82,901

Schedule Of Trademarks

December 31, 2022

December 31, 2021

Black Diamond

$

19,600

$

19,600

PIEPS

2,986

3,166

Sierra

18,900

18,900

Barnes

5,600

5,600

Rhino-Rack

25,744

70,278

MAXTRAX

10,071

10,727

$

82,901

$

128,271

Schedule Of Definite Lived Intangible Assets, Net

Gross balance at December 31, 2021

$

104,681

Impact of foreign currency exchange rates

(3,792)

Gross balance at December 31, 2022

$

100,889

Schedule Of Intangible Assets, Net Of Amortization

December 31, 2022

Gross

Accumulated Amortization

Net

Weighted Average Useful Life

Intangibles subject to amortization

Customer relationships

$

77,370

$

(34,653)

$

42,717

13.8 years

Product technologies

21,309

(9,207)

12,102

10.2 years

Tradename / trademark

1,263

(827)

436

9.4 years

Core technologies

947

(947)

-

10.0 years

$

100,889

$

(45,634)

$

55,255

13.0 years

December 31, 2021

Gross

Accumulated Amortization

Net

Weighted Average Useful Life

Customer relationships

$

80,078

$

(23,804)

$

56,274

13.8 years

Product technologies

22,393

(5,557)

16,836

10.2 years

Tradename / trademark

1,263

(690)

573

9.4 years

Core technologies

947

(947)

-

10.0 years

$

104,681

$

(30,998)

$

73,683

12.9 years

Future Amortization Expense For Definite-Lived Intangible Assets

Years Ending December 31,

Amortization Expense

2023

$

12,798

2024

10,770

2025

8,715

2026

6,689

2027

4,884

Thereafter

11,399

$

55,255