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

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.25.4
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2025
GOODWILL AND INTANGIBLE ASSETS  
Schedule Of Goodwill

Goodwill by segment as of December 31, 2025 was as follows:

Outdoor

  ​ ​ ​

Adventure

  ​ ​ ​

Total

Gross value of goodwill

$

29,507

$

96,966

$

126,473

Accumulated goodwill impairments adjusted for impact of foreign currency exchange rates

(29,507)

(96,966)

(126,473)

$

-

$

-

$

-

Goodwill by segment as of December 31, 2024 was as follows:

Outdoor

  ​ ​ ​

Adventure

  ​ ​ ​

Total

Gross value of goodwill

$

29,507

$

96,966

$

126,473

Accumulated goodwill impairments adjusted for impact of foreign currency exchange rates

(29,507)

(93,162)

(122,669)

$

-

$

3,804

$

3,804

Adventure

Balance at December 31, 2023

$

39,320

Decrease due to impairment

(36,264)

Increase due to acquisition of RockyMounts

2,741

Impact of foreign currency exchange rates

(1,993)

Balance at December 31, 2024

$

3,804

Decrease due to impairment

(3,804)

Balance at December 31, 2025

$

-

Schedule Of Indefinite Lived Intangible Assets

Balance at December 31, 2024

$

46,750

Decrease due to impairment

(27,634)

Decrease due to sale of PIEPS

(1,704)

Impact of foreign currency exchange rates

2,188

Balance at December 31, 2025

$

19,600

Schedule Of Trademarks

December 31, 2025

  ​ ​ ​

December 31, 2024

Black Diamond

$

19,600

$

19,600

PIEPS

-

2,899

Rhino-Rack

-

20,093

MAXTRAX

-

4,158

$

19,600

$

46,750

Schedule Of Definite Lived Intangible Assets, Net

Gross balance at December 31, 2024

$

77,960

Decrease due to sale of PIEPS

(4,712)

Impact of foreign currency exchange rates

4,492

Gross balance at December 31, 2025

$

77,740

Schedule Of Intangible Assets, Net Of Amortization

December 31, 2025

Gross

  ​ ​ ​

Accumulated Amortization

  ​ ​ ​

Net

  ​ ​ ​

Weighted Average Useful Life

Intangibles subject to amortization

Customer relationships

$

59,197

$

(41,439)

$

17,758

13.7 years

Product technologies

15,943

(11,862)

4,081

9.3 years

Tradenames

2,368

(628)

1,740

9.6 years

Non-compete agreements

232

(50)

182

5.0 years

$

77,740

$

(53,979)

$

23,761

12.6 years

December 31, 2024

Gross

  ​ ​ ​

Accumulated Amortization

  ​ ​ ​

Net

  ​ ​ ​

Weighted Average Useful Life

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

Core technologies

232

(4)

228

5.0 years

$

77,960

$

(46,444)

$

31,516

12.7 years

Future Amortization Expense For Definite-Lived Intangible Assets

Years Ending December 31,

  ​ ​ ​

Amortization Expense

2026

$

6,924

2027

4,974

2028

3,491

2029

2,627

2030

1,900

Thereafter

3,845

$

23,761