v3.22.2
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Sales        
Sales $ 114,933 $ 73,309 $ 228,209 $ 148,640
Cost of goods sold 71,251 45,288 140,275 93,569
Gross profit 43,682 28,021 87,934 55,071
Operating expenses        
Selling, general and administrative 35,444 20,704 69,619 41,589
Transaction costs 821 649 2,022 1,125
Contingent consideration expense (374)   389  
Total operating expenses 35,891 21,353 72,030 42,714
Operating income 7,791 6,668 15,904 12,357
Other expense        
Interest expense, net (1,728) (212) (2,844) (450)
Other, net (1,343) (4,461) (1,410) (4,601)
Total other expense, net (3,071) (4,673) (4,254) (5,051)
Income before income tax 4,720 1,995 11,650 7,306
Income tax expense (benefit) 956 155 2,577 (211)
Net income (loss) 3,764 1,840 9,073 7,517
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (17,632) 295 (11,555) (721)
Unrealized gain on hedging activities 622 108 708 1,004
Other comprehensive income (loss) (17,010) 403 (10,847) 283
Comprehensive income (loss) $ (13,246) $ 2,243 $ (1,774) $ 7,800
Net income per share:        
Basic $ 0.10 $ 0.06 $ 0.24 $ 0.24
Diluted $ 0.09 $ 0.06 $ 0.23 $ 0.23
Weighted average shares outstanding:        
Basic 37,235 31,367 37,199 31,325
Diluted 39,697 33,190 39,751 32,970
Domestic Sales [Member]        
Sales        
Sales $ 64,073 $ 51,876 $ 126,380 $ 99,449
International Sales [Member]        
Sales        
Sales $ 50,860 $ 21,433 $ 101,829 $ 49,191

Source