| Schedule of disposal group |
|
|
|
|
|
|
December 31, 2023 |
|
|
|
|
Accounts receivable, net |
|
$ |
9,914 |
Inventories |
|
|
44,208 |
Prepaid and other current assets |
|
|
2,931 |
Total current assets held for sale |
|
|
57,053 |
|
|
|
|
Property and equipment, net |
|
|
24,075 |
Other intangible assets, net |
|
|
4,926 |
Indefinite-lived intangible assets |
|
|
24,500 |
Goodwill |
|
|
26,715 |
Other long-term assets |
|
|
15 |
Total assets held for sale |
|
$ |
137,284 |
|
|
|
|
Accounts payable |
|
$ |
2,441 |
Accrued liabilities |
|
|
3,303 |
Total current liabilities held for sale |
|
|
5,744 |
|
|
|
|
Total liabilities held for sale |
|
$ |
5,744 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
Six Months Ended |
|
|
June 30, 2024 |
|
June 30, 2023 |
|
June 30, 2024 |
|
June 30, 2023 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Sales |
|
$ |
- |
|
$ |
25,791 |
|
$ |
10,585 |
|
$ |
52,897 |
Cost of goods sold |
|
|
- |
|
|
(17,614) |
|
|
(6,543) |
|
|
(34,207) |
Selling, general and administrative |
|
|
- |
|
|
(2,963) |
|
|
(2,062) |
|
|
(6,300) |
Restructuring charges |
|
|
- |
|
|
- |
|
|
(3) |
|
|
- |
Transaction costs |
|
|
- |
|
|
(37) |
|
|
(3,440) |
|
|
(74) |
Interest expense, net |
|
|
- |
|
|
(2,865) |
|
|
(2,455) |
|
|
(5,616) |
Other, net |
|
|
- |
|
|
(2) |
|
|
(38) |
|
|
7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
(Loss) income from operations of discontinued operations |
|
|
- |
|
|
2,310 |
|
|
(3,956) |
|
|
6,707 |
Gain on sale of discontinued operations |
|
|
- |
|
|
- |
|
|
40,585 |
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from discontinued operations before taxes |
|
|
- |
|
|
2,310 |
|
|
36,629 |
|
|
6,707 |
Income tax expense |
|
|
- |
|
|
79 |
|
|
8,283 |
|
|
847 |
Income from discontinued operations, net of tax |
|
$ |
- |
|
$ |
2,231 |
|
$ |
28,346 |
|
$ |
5,860 |
|
|
|
|
|
|
|
|
|
Six Months Ended |
|
|
June 30, 2024 |
|
June 30, 2023 |
|
|
|
|
|
|
|
Depreciation of property and equipment |
|
|
- |
|
|
1,713 |
Amortization of intangible assets |
|
|
- |
|
|
1,017 |
Stock-based compensation |
|
|
5 |
|
|
97 |
Purchase of property and equipment |
|
|
886 |
|
|
1,406 |
|