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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities

The Company’s financial assets and liabilities subject to fair value measurements as of September 30, 2025 and December 31, 2024 were as follows:

						September 30, 2025																								December 31, 2024
						Fair value						Level 1						Level 2						Level 3						Fair value						Level 1						Level 2						Level 3
Assets:
Forward contracts						$	352					—						$	352					—						$	2,175					—						$	2,175					—
Total assets						$	352					$	—					$	352					$	—					$	2,175					$	—					$	2,175					$	—
Liabilities:
Contingent payment liability(1)(2)						$	18,385					$	—					$	—					$	18,385					$	7,565					$	—					$	—					$	7,565
Forward contracts						3,062						—						3,062						—						816						—						816						—
Total liabilities						$	21,447					$	—					$	3,062					$	18,385					$	8,381					$	—					$	816					$	7,565

(1) As of September 30, 2025, $3,221 was recorded in contingent payment liability - current portion and $15,164 was recorded in contingent payment liability - long-term portion.

(2) As of December 31, 2024, $7,565 was recorded in contingent payment liability - long-term portion.

The following table provides a reconciliation of the beginning and ending balances for the contingent payment liabilities included within Level 3 of the fair value hierarchy for the periods ended September 30, 2025 and December 31, 2024:

						September 30, 2025						December 31, 2024
Balance at beginning of year						$	7,565					$	13,300
Adjustments(1)						(2,075)						2,722
Acquisitions						12,895						90
Payments(2)						—						(8,547)
Balance at end of period						$	18,385					$	7,565

(1) In the 2025 and 2024 periods, amounts consisted of adjustments of $(2,075) and $2,722, respectively, which were related to the change in valuation of the contingent payment liabilities in connection with the acquisitions of Almost Famous and ATM. These adjustments were recorded in income from operations in the Condensed Consolidated Statements of Operations for the Wholesale Accessories/Apparel segment.

(2) For the 2024 period, the payment of $8,547 was related to the contingent payment liability in connection with the acquisition of Almost Famous and was measured based upon actual EBIT performance for the related performance period. The payment was included as cash used in financing activities in the Consolidated Statement of Cash Flows for the year ended December 31, 2024.

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- References

No definition available.

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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