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

​