Annual report [Section 13 and 15(d), not S-K Item 405]

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.25.0.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2024
GOODWILL AND INTANGIBLE ASSETS  
Schedule Of Goodwill

Outdoor

    

Adventure

    

Total

Goodwill

$

29,507

$

91,375

$

120,882

Accumulated goodwill impairments

(29,507)

(52,071)

(81,578)

Balance at December 31, 2022

-

36,278

36,278

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

Decrease due to impairment

-

(36,264)

(36,264)

Increase due to acquisition of RockyMounts

-

2,741

2,741

Impact of foreign currency exchange rates

-

(1,993)

(1,993)

Balance at December 31, 2024

$

-

$

3,804

$

3,804

Schedule Of Indefinite Lived Intangible Assets

Balance at December 31, 2023

$

58,527

Decrease due to impairment

(8,545)

Impact of foreign currency exchange rates

(3,232)

Balance at December 31, 2024

$

46,750

Schedule Of Trademarks

December 31, 2024

    

December 31, 2023

Black Diamond

$

19,600

$

19,600

PIEPS

2,899

3,080

Rhino-Rack

20,093

25,767

MAXTRAX

4,158

10,080

$

46,750

$

58,527

Schedule Of Definite Lived Intangible Assets, Net

Gross balance at December 31, 2023

$

82,103

Increase due to acquisitions

2,366

Write-off of fully amortized other intangible assets

(1,322)

Impact of foreign currency exchange rates

(5,187)

Gross balance at December 31, 2024

$

77,960

Schedule Of Intangible Assets, Net Of Amortization

December 31, 2024

Gross

    

Accumulated Amortization

    

Net

    

Weighted Average Useful Life

Intangibles subject to amortization

Customer relationships

$

58,737

$

(35,715)

$

23,022

13.6 years

Product technologies

16,745

(10,528)

6,217

9.9 years

Tradenames

2,246

(197)

2,049

9.5 years

Non-compete agreements

232

(4)

228

5.0 years

$

77,960

$

(46,444)

$

31,516

12.7 years

December 31, 2023

Gross

    

Accumulated Amortization

    

Net

    

Weighted Average Useful Life

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

(947)

-

10.0 years

$

82,103

$

(40,637)

$

41,466

12.9 years

Future Amortization Expense For Definite-Lived Intangible Assets

Years Ending December 31,

    

Amortization Expense

2025

$

8,694

2026

6,807

2027

4,876

2028

3,277

2029

2,467

Thereafter

5,395

$

31,516