Financial Information for Segments |
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Three Months Ended |
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Nine Months Ended |
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September 30, 2023 |
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September 30, 2022 |
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September 30, 2023 |
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September 30, 2022 |
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Sales to external customers: |
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Outdoor |
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Domestic sales |
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$ |
26,957 |
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$ |
27,446 |
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$ |
70,391 |
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$ |
80,368 |
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International sales |
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34,119 |
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|
35,430 |
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83,527 |
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|
86,634 |
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Total Outdoor |
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61,076 |
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|
62,876 |
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|
153,918 |
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|
167,002 |
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Precision Sport |
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Domestic sales |
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13,729 |
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24,612 |
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|
55,179 |
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|
79,248 |
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International sales |
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5,044 |
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9,595 |
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16,491 |
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|
23,264 |
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Total Precision Sport |
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18,773 |
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|
34,207 |
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|
71,670 |
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|
102,512 |
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Adventure |
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Domestic sales |
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3,466 |
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|
3,482 |
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|
10,154 |
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|
22,304 |
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International sales |
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16,760 |
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|
15,150 |
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|
45,445 |
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|
52,106 |
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Total Adventure |
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20,226 |
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18,632 |
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|
55,599 |
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|
74,410 |
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Total sales to external customers |
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100,075 |
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115,715 |
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281,187 |
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343,924 |
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Segment operating income: |
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Outdoor |
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1,581 |
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5,853 |
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1,847 |
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|
9,212 |
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Precision Sport |
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5,450 |
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9,936 |
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17,938 |
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33,951 |
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Adventure |
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(26) |
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(3,736) |
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(1,677) |
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(968) |
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Total segment operating income |
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7,005 |
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|
12,053 |
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|
18,108 |
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|
42,195 |
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Restructuring charges |
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(1,099) |
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— |
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(1,835) |
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— |
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Transaction costs |
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(842) |
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(858) |
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(975) |
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(2,880) |
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Contingent consideration benefit (expense) |
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— |
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(104) |
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1,565 |
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(493) |
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Corporate and other expenses |
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(3,690) |
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(6,207) |
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(10,728) |
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(19,444) |
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Interest expense, net |
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(2,842) |
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(2,216) |
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(8,445) |
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(5,060) |
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(Loss) income before income tax |
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$ |
(1,468) |
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$ |
2,668 |
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$ |
(2,310) |
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$ |
14,318 |
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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 |
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September 30, 2023 |
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September 30, 2022 |
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September 30, 2023 |
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September 30, 2022 |
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Capital expenditures: |
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Outdoor |
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$ |
345 |
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$ |
184 |
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$ |
1,123 |
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$ |
2,509 |
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Precision Sport |
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|
408 |
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|
1,024 |
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|
1,814 |
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|
2,246 |
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Adventure |
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|
490 |
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|
936 |
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|
1,558 |
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|
1,461 |
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Total capital expenditures |
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$ |
1,243 |
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$ |
2,144 |
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$ |
4,495 |
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$ |
6,216 |
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Depreciation: |
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Outdoor |
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$ |
720 |
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$ |
794 |
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$ |
2,133 |
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$ |
2,440 |
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Precision Sport |
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|
898 |
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|
818 |
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|
2,611 |
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|
2,411 |
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Adventure |
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|
325 |
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|
479 |
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|
931 |
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|
949 |
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Total depreciation |
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$ |
1,943 |
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$ |
2,091 |
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$ |
5,675 |
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$ |
5,800 |
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Amortization: |
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Outdoor |
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$ |
258 |
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$ |
248 |
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$ |
772 |
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$ |
753 |
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Precision Sport |
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|
508 |
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|
692 |
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|
1,525 |
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|
2,077 |
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Adventure |
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2,295 |
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2,743 |
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|
7,263 |
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|
8,910 |
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Total amortization |
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$ |
3,061 |
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$ |
3,683 |
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$ |
9,560 |
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$ |
11,740 |
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