| Financial Information for Segments |
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Three Months Ended |
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Nine Months Ended |
|
September 30, 2022 |
|
September 30, 2021 |
|
September 30, 2022 |
|
September 30, 2021 |
Sales to external customers: |
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Outdoor |
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|
|
|
|
|
|
|
|
|
|
Domestic sales |
$ |
27,446 |
|
$ |
26,773 |
|
$ |
80,368 |
|
$ |
77,765 |
International sales |
|
35,430 |
|
|
32,256 |
|
|
86,634 |
|
|
77,952 |
Total Outdoor |
|
62,876 |
|
|
59,029 |
|
|
167,002 |
|
|
155,717 |
Precision Sport |
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|
|
|
|
|
|
|
|
|
|
Domestic sales |
|
24,612 |
|
|
27,363 |
|
|
79,248 |
|
|
75,820 |
International sales |
|
9,595 |
|
|
2,954 |
|
|
23,264 |
|
|
6,449 |
Total Precision Sport |
|
34,207 |
|
|
30,317 |
|
|
102,512 |
|
|
82,269 |
Adventure |
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|
|
|
|
|
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|
|
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|
Domestic sales |
|
3,482 |
|
|
7,123 |
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|
22,304 |
|
|
7,123 |
International sales |
|
15,150 |
|
|
12,502 |
|
|
52,106 |
|
|
12,502 |
Total Adventure |
|
18,632 |
|
|
19,625 |
|
|
74,410 |
|
|
19,625 |
Total sales to external customers |
|
115,715 |
|
|
108,971 |
|
|
343,924 |
|
|
257,611 |
Segment operating income (loss): |
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Outdoor |
|
5,853 |
|
|
5,939 |
|
|
9,212 |
|
|
10,041 |
Precision Sport |
|
9,936 |
|
|
10,441 |
|
|
33,951 |
|
|
26,420 |
Adventure |
|
(3,736) |
|
|
(3,014) |
|
|
(968) |
|
|
(3,014) |
Total segment operating income |
|
12,053 |
|
|
13,366 |
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|
42,195 |
|
|
33,447 |
Transaction costs |
|
(858) |
|
|
(8,147) |
|
|
(2,880) |
|
|
(9,272) |
Contingent consideration expense |
|
(104) |
|
|
- |
|
|
(493) |
|
|
- |
Corporate and other expenses |
|
(6,207) |
|
|
(5,163) |
|
|
(19,444) |
|
|
(16,363) |
Interest expense, net |
|
(2,216) |
|
|
(1,476) |
|
|
(5,060) |
|
|
(1,926) |
Income (loss) before income tax |
$ |
2,668 |
|
$ |
(1,420) |
|
$ |
14,318 |
|
$ |
5,886 |
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| Capital Expenditures, Depreciation and Amortization by Segment |
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Three Months Ended |
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Nine Months Ended |
|
September 30, 2022 |
|
September 30, 2021 |
|
September 30, 2022 |
|
September 30, 2021 |
Capital expenditures: |
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Outdoor |
$ |
184 |
|
$ |
819 |
|
$ |
2,509 |
|
$ |
2,091 |
Precision Sport |
|
1,024 |
|
|
957 |
|
|
2,246 |
|
|
2,910 |
Adventure |
|
936 |
|
|
578 |
|
|
1,461 |
|
|
578 |
Total capital expenditures |
$ |
2,144 |
|
$ |
2,354 |
|
$ |
6,216 |
|
$ |
5,579 |
Depreciation: |
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Outdoor |
$ |
794 |
|
$ |
727 |
|
$ |
2,440 |
|
$ |
2,134 |
Precision Sport |
|
818 |
|
|
669 |
|
|
2,411 |
|
|
1,967 |
Adventure |
|
479 |
|
|
235 |
|
|
949 |
|
|
235 |
Total depreciation |
$ |
2,091 |
|
$ |
1,631 |
|
$ |
5,800 |
|
$ |
4,336 |
Amortization: |
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Outdoor |
$ |
248 |
|
$ |
259 |
|
$ |
753 |
|
$ |
776 |
Precision Sport |
|
692 |
|
|
938 |
|
|
2,077 |
|
|
2,815 |
Adventure |
|
2,743 |
|
|
2,380 |
|
|
8,910 |
|
|
2,380 |
Total amortization |
$ |
3,683 |
|
$ |
3,577 |
|
$ |
11,740 |
|
$ |
5,971 |
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