| Schedule of financial information for segments |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2024 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
91,202 |
|
$ |
14,543 |
|
$ |
105,745 |
International sales |
|
92,366 |
|
|
66,204 |
|
|
158,570 |
Total sales |
|
183,568 |
|
|
80,747 |
|
|
264,315 |
Cost of goods sold |
|
116,522 |
|
|
48,611 |
|
|
|
Inventory fair value of purchase accounting |
|
- |
|
|
61 |
|
|
|
PFAS and other inventory reserves |
|
4,192 |
|
|
2,310 |
|
|
|
Selling, general and administrative |
|
59,351 |
|
|
37,212 |
|
|
|
Restructuring charges |
|
1,349 |
|
|
599 |
|
|
|
Transaction costs |
|
65 |
|
|
396 |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(125) |
|
|
|
Legal costs and regulatory matter expenses |
|
3,088 |
|
|
- |
|
|
|
Impairment of goodwill |
|
- |
|
|
36,264 |
|
|
|
Impairment of indefinite-lived intangible assets |
|
- |
|
|
8,545 |
|
|
|
Segment operating loss |
$ |
(999) |
|
$ |
(53,126) |
|
$ |
(54,125) |
Corporate costs |
|
|
|
|
|
|
|
(16,254) |
Interest income, net |
|
|
|
|
|
|
|
1,467 |
Other, net |
|
|
|
|
|
|
|
(1,673) |
Loss before income tax |
|
|
|
|
|
|
$ |
(70,585) |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2023 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
99,031 |
|
$ |
13,354 |
|
$ |
112,385 |
International sales |
|
105,022 |
|
|
68,613 |
|
|
173,635 |
Total sales |
|
204,053 |
|
|
81,967 |
|
|
286,020 |
Cost of goods sold |
|
135,165 |
|
|
48,910 |
|
|
|
Inventory fair value of purchase accounting |
|
- |
|
|
64 |
|
|
|
PFAS and other inventory reserves |
|
4,370 |
|
|
- |
|
|
|
Selling, general and administrative |
|
66,443 |
|
|
33,311 |
|
|
|
Restructuring charges |
|
2,754 |
|
|
306 |
|
|
|
Transaction costs |
|
- |
|
|
30 |
|
|
|
Contingent consideration benefit |
|
- |
|
|
(1,565) |
|
|
|
Legal costs and regulatory matter expenses |
|
476 |
|
|
- |
|
|
|
Segment operating (loss) income |
$ |
(5,155) |
|
$ |
911 |
|
$ |
(4,244) |
Corporate costs |
|
|
|
|
|
|
|
(16,863) |
Interest income, net |
|
|
|
|
|
|
|
67 |
Other, net |
|
|
|
|
|
|
|
961 |
Loss before income tax |
|
|
|
|
|
|
$ |
(20,079) |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, 2022 |
|
Outdoor |
|
Adventure |
|
Total |
Sales |
|
|
|
|
|
|
|
|
Domestic sales |
$ |
108,304 |
|
$ |
24,514 |
|
$ |
132,818 |
International sales |
|
114,041 |
|
|
68,392 |
|
|
182,433 |
Total sales |
|
222,345 |
|
|
92,906 |
|
|
315,251 |
Cost of goods sold |
|
145,326 |
|
|
59,703 |
|
|
|
Inventory fair value of purchase accounting |
|
- |
|
|
269 |
|
|
|
Selling, general and administrative |
|
62,309 |
|
|
37,824 |
|
|
|
Transaction costs |
|
- |
|
|
1,408 |
|
|
|
Contingent consideration expense |
|
- |
|
|
493 |
|
|
|
Impairment of goodwill |
|
- |
|
|
52,071 |
|
|
|
Impairment of indefinite-lived intangible assets |
|
- |
|
|
40,240 |
|
|
|
Segment operating income (loss) |
$ |
14,710 |
|
$ |
(99,102) |
|
$ |
(84,392) |
Corporate costs |
|
|
|
|
|
|
|
(22,091) |
Other, net |
|
|
|
|
|
|
|
(1,035) |
Loss before income tax |
|
|
|
|
|
|
$ |
(107,518) |
|
| Schedule of capital expenditures, depreciation and amortization by segment |
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2024 |
|
2023 |
|
2022 |
Capital expenditures: |
|
|
|
|
|
|
|
|
Outdoor |
$ |
4,059 |
|
$ |
1,542 |
|
$ |
2,714 |
Adventure |
|
1,779 |
|
|
2,080 |
|
|
2,689 |
Total capital expenditures |
$ |
5,838 |
|
$ |
3,622 |
|
$ |
5,403 |
Depreciation: |
|
|
|
|
|
|
|
|
Outdoor |
$ |
2,588 |
|
$ |
2,848 |
|
$ |
3,180 |
Adventure |
|
1,446 |
|
|
1,302 |
|
|
1,208 |
Total depreciation |
$ |
4,034 |
|
$ |
4,150 |
|
$ |
4,388 |
Amortization: |
|
|
|
|
|
|
|
|
Outdoor |
$ |
1,142 |
|
$ |
1,057 |
|
$ |
1,001 |
Adventure |
|
8,642 |
|
|
9,658 |
|
|
11,556 |
Total amortization |
$ |
9,784 |
|
$ |
10,715 |
|
$ |
12,557 |
|