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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 19,522 $ 61,587 $ 244,072
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization of patent formulations 9,342 8,345 7,500
Amortization of other intangibles 43,669 41,468 41,282
Inventory write-off and disposal 7,844 15,227 8,180
Depreciation of fixed assets 486 479 363
Amortization of debt issuance costs 1,812 1,812 1,543
Deferred taxes 2,795 1,774 9,179
Tax receivable agreement liability adjustment 3,915 (7,404) (3,084)
Share-based compensation expense 11,123 9,072 7,275
Loss on extinguishment of debt 0 0 18,803
Other 3,525 1,060 412
Changes in operating assets and liabilities:      
Accounts receivable, net 24,145 5,299 (5,441)
Inventory 14,006 34,599 (52,640)
Prepaid expenses and other current assets 1,473 (1,366) 850
Accounts payable 3,145 (2,675) (9,419)
Accrued expenses and other current liabilities (1,471) 8,722 (7,322)
Other assets and liabilities (2,263) (467) (6,229)
Net cash provided by operating activities 143,068 177,532 255,324
Cash flows from investing activities:      
Purchase of property and equipment (1,124) (375) (650)
Purchase of intangible assets 0 (500) 0
Purchase and development of software (3,767) (2,739) (2,032)
Net cash used in investing activities (4,891) (3,614) (2,682)
Cash flows from financing activities:      
Proceeds from exercise of stock options 919 4,974 1,876
Principal payments of 2022 Term Loan Facility (6,750) (8,438) (780,380)
Payments made pursuant to Tax Receivable Agreement (12,779) (16,452) 0
Proceeds from the issuance of 2022 Term Loan Facility 0 0 675,000
Payments of debt issuance costs 0 0 (11,944)
Net cash used in financing activities (18,610) (30,326) (116,222)
Net increase in cash and cash equivalents 119,567 143,592 136,420
Cash and cash equivalents - beginning of year 466,400 322,808 186,388
Cash and cash equivalents - end of year 585,967 466,400 322,808
Supplemental disclosure of cash flow information:      
Cash paid for income taxes 12,372 7,738 59,922
Cash paid during the year for interest 59,882 59,595 41,226
Supplemental disclosure of noncash activities:      
Noncash exercise of stock options 0 13,749 0
Cash settled units liability reclassification to additional paid in capital 0 0 1,632
Right-of-use assets obtained in exchange for new operating lease liabilities 742 2,128 0
Purchases of software not yet paid 751 0 0
Stock options      
Cash flows from financing activities:      
Payments for shares withheld and retired for taxes and exercise price 0 (10,346) 0
SARs      
Cash flows from financing activities:      
Payments for shares withheld and retired for taxes and exercise price $ 0 $ (64) $ (774)