Annual report pursuant to Section 13 and 15(d)

Goodwill And Intangible Assets (Tables)

v3.24.0.1
Goodwill And Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill And Intangible Assets  
Schedule Of Goodwill

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​

​

​

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​

Outdoor

    

Adventure

    

Total

​

​

​

​

​

​

​

​

​

Goodwill

$

29,507

​

$

91,375

​

$

120,882

Accumulated goodwill impairments

​

(29,507)

​

​

-

​

​

(29,507)

​

​

​

​

​

​

​

​

​

Balance at December 31, 2021

​

-

​

​

91,375

​

​

91,375

​

​

​

​

​

​

​

​

​

Impairment

​

-

​

​

(52,071)

​

​

(52,071)

Acquisition adjustment

​

-

​

​

741

​

​

741

Impact of foreign currency exchange rates

​

-

​

​

(3,767)

​

​

(3,767)

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​

​

​

​

​

​

​

​

Balance at December 31, 2022

​

-

​

​

36,278

​

​

36,278

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​

​

​

​

​

​

​

​

Increase due to acquisition of TRED

​

-

​

​

2,850

​

​

2,850

Impact of foreign currency exchange rates

​

-

​

​

192

​

​

192

​

​

​

​

​

​

​

​

​

Balance at December 31, 2023

$

-

​

$

39,320

​

$

39,320

Schedule Of Indefinite Lived Intangible Assets

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​

​

​

Balance at December 31, 2022

$

58,401

​

​

​

Impact of foreign currency exchange rates

​

126

​

​

​

Balance at December 31, 2023

$

58,527

Schedule Of Trademarks

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​

December 31, 2023

    

December 31, 2022

Black Diamond

$

19,600

​

$

19,600

PIEPS

​

3,080

​

​

2,986

Rhino-Rack

​

25,767

​

​

25,744

MAXTRAX

​

10,080

​

​

10,071

​

$

58,527

​

$

58,401

Schedule Of Definite Lived Intangible Assets, Net

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​

​

​

Gross balance at December 31, 2022

$

77,889

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​

​

Increase due to acquisitions

​

3,805

Impact of foreign currency exchange rates

​

409

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​

​

Gross balance at December 31, 2023

$

82,103

Schedule Of Intangible Assets, Net Of Amortization

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​

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​

​

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​

​

​

​

​

​

December 31, 2023

​

Gross

    

Accumulated Amortization

    

Net

    

Weighted Average Useful Life

Intangibles subject to amortization

​

​

​

​

​

​

​

​

​

​

​

Customer relationships

$

61,215

​

$

(30,478)

​

$

30,737

​

​

13.8 years

Product technologies

​

18,003

​

​

(9,014)

​

​

8,989

​

​

10.0 years

Tradenames

​

1,938

​

​

(198)

​

​

1,740

​

​

11.4 years

Core technologies

​

947

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​

(947)

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​

-

​

​

10.0 years

​

$

82,103

​

$

(40,637)

​

$

41,466

​

​

12.9 years

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2022

​

Gross

    

Accumulated Amortization

    

Net

    

Weighted Average Useful Life

​

​

​

​

​

​

​

​

​

​

​

​

Customer relationships

$

59,770

​

$

(22,419)

​

$

37,351

​

​

13.9 years

Product technologies

​

17,009

​

​

(6,091)

​

​

10,918

​

​

10.3 years

Tradenames

​

163

​

​

(136)

​

​

27

​

​

5.0 years

Core technologies

​

947

​

​

(947)

​

​

-

​

​

10.0 years

​

$

77,889

​

$

(29,593)

​

$

48,296

​

​

13.1 years

Future Amortization Expense For Definite-Lived Intangible Assets

​

​

​

​

​

Years Ending December 31,

    

Amortization Expense

2024

​

$

9,935

2025

​

​

8,324

2026

​

​

6,510

2027

​

​

4,750

2028

​

​

3,496

Thereafter

​

​

8,451

​

​

$

41,466

​