| Schedule of disposal group |
|
|
|
|
|
|
December 31, 2023 |
|
|
|
|
Accounts receivable, net |
|
$ |
9,914 |
Inventories |
|
|
44,208 |
Prepaid and other current assets |
|
|
2,931 |
Total current assets held for sale |
|
|
57,053 |
|
|
|
|
Property and equipment, net |
|
|
24,075 |
Other intangible assets, net |
|
|
4,926 |
Indefinite-lived intangible assets |
|
|
24,500 |
Goodwill |
|
|
26,715 |
Other long-term assets |
|
|
15 |
Total assets held for sale |
|
$ |
137,284 |
|
|
|
|
Accounts payable |
|
$ |
2,441 |
Accrued liabilities |
|
|
3,303 |
Total current liabilities held for sale |
|
|
5,744 |
|
|
|
|
Total liabilities held for sale |
|
$ |
5,744 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Nine Months Ended |
|
|
September 30, 2024 |
|
September 30, 2023 |
|
September 30, 2024 |
|
September 30, 2023 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales |
|
$ |
- |
|
$ |
18,773 |
|
$ |
10,585 |
|
$ |
71,670 |
Cost of goods sold |
|
|
- |
|
|
(10,509) |
|
|
(6,543) |
|
|
(44,716) |
Selling, general and administrative |
|
|
- |
|
|
(2,807) |
|
|
(2,062) |
|
|
(9,107) |
Restructuring charges |
|
|
- |
|
|
(23) |
|
|
(3) |
|
|
(23) |
Transaction costs |
|
|
- |
|
|
(442) |
|
|
(3,440) |
|
|
(516) |
Interest expense, net |
|
|
- |
|
|
(2,861) |
|
|
(2,455) |
|
|
(8,477) |
Other, net |
|
|
- |
|
|
2 |
|
|
(38) |
|
|
9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) income from operations of discontinued operations |
|
|
- |
|
|
2,133 |
|
|
(3,956) |
|
|
8,840 |
Gain on sale of discontinued operations |
|
|
- |
|
|
- |
|
|
40,585 |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from discontinued operations before taxes |
|
|
- |
|
|
2,133 |
|
|
36,629 |
|
|
8,840 |
Income tax expense |
|
|
- |
|
|
1,191 |
|
|
8,283 |
|
|
2,038 |
Income from discontinued operations, net of tax |
|
$ |
- |
|
$ |
942 |
|
$ |
28,346 |
|
$ |
6,802 |
|
|
|
|
|
|
|
|
|
Nine Months Ended |
|
|
September 30, 2024 |
|
September 30, 2023 |
|
|
|
|
|
|
|
Depreciation of property and equipment |
|
$ |
- |
|
$ |
2,611 |
Amortization of intangible assets |
|
|
- |
|
|
1,525 |
Stock-based compensation |
|
|
5 |
|
|
114 |
Purchase of property and equipment |
|
|
886 |
|
|
1,814 |
|