| Schedule of disposal group |
|
|
|
|
|
|
|
|
|
December 31, 2023 |
|
December 31, 2022 |
|
|
|
|
|
|
|
Cash |
|
$ |
- |
|
$ |
80 |
Accounts receivable, net |
|
|
9,914 |
|
|
18,419 |
Inventories |
|
|
44,208 |
|
|
39,470 |
Prepaid and other current assets |
|
|
2,931 |
|
|
3,599 |
Total current assets held for sale |
|
|
57,053 |
|
|
61,568 |
|
|
|
|
|
|
|
Property and equipment, net |
|
|
24,075 |
|
|
25,706 |
Other intangible assets, net |
|
|
4,926 |
|
|
6,959 |
Indefinite-lived intangible assets |
|
|
24,500 |
|
|
24,500 |
Goodwill |
|
|
26,715 |
|
|
26,715 |
Other long-term assets |
|
|
15 |
|
|
15 |
Total assets held for sale |
|
$ |
137,284 |
|
$ |
145,463 |
|
|
|
|
|
|
|
Accounts payable |
|
$ |
2,441 |
|
$ |
2,285 |
Accrued liabilities |
|
|
3,303 |
|
|
4,617 |
Current portion of long-term debt |
|
|
- |
|
|
48 |
Total current liabilities held for sale |
|
|
5,744 |
|
|
6,950 |
|
|
|
|
|
|
|
Total liabilities held for sale |
|
$ |
5,744 |
|
$ |
6,950 |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2023 |
|
2022 |
|
2021 |
|
|
|
|
|
|
|
|
|
Sales |
$ |
89,950 |
|
$ |
132,855 |
|
$ |
109,823 |
Cost of goods sold |
|
(56,980) |
|
|
(79,392) |
|
|
(60,765) |
Selling, general and administrative |
|
(11,639) |
|
|
(14,225) |
|
|
(14,834) |
Restructuring charges |
|
(47) |
|
|
- |
|
|
- |
Transaction costs |
|
(2,162) |
|
|
(149) |
|
|
(323) |
Interest expense, net |
|
(11,437) |
|
|
(7,895) |
|
|
(2,922) |
Other, net |
|
(19) |
|
|
(807) |
|
|
11 |
|
|
|
|
|
|
|
|
|
Income from discontinued operations before taxes |
|
7,666 |
|
|
30,387 |
|
|
30,990 |
Income tax expense |
|
2,024 |
|
|
7,365 |
|
|
7,020 |
Income from discontinued operations, net of tax |
$ |
5,642 |
|
$ |
23,022 |
|
$ |
23,970 |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2023 |
|
2022 |
|
2021 |
|
|
|
|
|
|
|
|
|
Depreciation of property and equipment |
$ |
3,452 |
|
$ |
3,238 |
|
$ |
2,633 |
Amortization of intangible assets |
$ |
2,033 |
|
$ |
2,769 |
|
$ |
3,753 |
Stock-based compensation |
$ |
151 |
|
$ |
163 |
|
$ |
- |
Purchase of property and equipment |
$ |
1,848 |
|
$ |
3,100 |
|
$ |
13,486 |
|