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

GOODWILL AND INTANGIBLE ASSETS (Tables)

GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2024


	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

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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+ Details