v3.22.1
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Sales    
Sales $ 113,276 $ 75,331
Cost of goods sold 69,024 48,281
Gross profit 44,252 27,050
Operating expenses    
Selling, general and administrative 34,175 20,885
Transaction costs 1,201 476
Contingent consideration expense 763  
Total operating expenses 36,139 21,361
Operating income 8,113 5,689
Other expense    
Interest expense, net (1,116) (238)
Other, net (67) (140)
Total other expense, net (1,183) (378)
Income before income tax 6,930 5,311
Income tax expense (benefit) 1,621 (366)
Net income 5,309 5,677
Other comprehensive income (loss), net of tax:    
Foreign currency translation adjustment 6,077 (1,016)
Unrealized gain on hedging activities 86 896
Other comprehensive income (loss) 6,163 (120)
Comprehensive income $ 11,472 $ 5,557
Net income per share:    
Basic $ 0.14 $ 0.18
Diluted $ 0.13 $ 0.17
Weighted average shares outstanding:    
Basic 37,161 31,283
Diluted 39,802 32,750
Domestic Sales [Member]    
Sales    
Sales $ 62,307 $ 47,573
International Sales [Member]    
Sales    
Sales $ 50,969 $ 27,758

Source