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Unaudited Quarterly Financial Data (Tables)
 12 Months Ended
Dec. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Summary of Unaudited Quarterly Financial Data The following table presents the unaudited quarterly financial data. This information has been prepared on a basis consistent with that of the audited consolidated financial statements and all necessary material adjustments, consisting of normal recurring accruals and adjustments, have been included to present fairly the unaudited quarterly financial data. The quarterly results of operations for these periods are not necessarily indicative of future results of operations. Typically, the first quarter of each fiscal year has the lower results than the remainder of the year, representing the Company's weakest quarter due to seasonality at our businesses. The per share calculations for each of the quarters are based on the weighted average number of shares for each period using the two class
method, which requires companies to allocate participating securities that have rights to earnings that otherwise would have been available only to common shareholders as a separate class of securities in calculating earnings per share; therefore, the sum of the quarters will not equal to the full year per share amount.
(in thousands)
December 31, 2021 (1)(2)
September 30, 2021 (1)(3)
June 30, 2021
March 31, 2021
Total revenues$536,612 $464,975 $431,525 $408,556 
Gross profit202,410 181,435 173,564 168,548 
Operating income 32,973 35,069 36,352 35,109 
Income (loss) from continuing operations20,306 13,079 (21,608)13,082 
Income from discontinued operations5,577 4,332 10,357 8,914 
Gain on sale of discontinued operations, net of tax25 72,745 — — 
Net income (loss) attributable to Holdings$22,088 $88,100 $(14,630)$18,994 
Basic and fully diluted income (loss) per share attributable to Holdings:
  Continuing operations$(0.14)$(0.19)$(0.50)$(0.10)
  Discontinued operations0.06 1.16 0.12 0.11 
Basic and fully diluted income (loss) per share attributable to Holdings$(0.08)$0.97 $(0.38)$0.01 
(1) The quarters ended September 30, 2021 and December 31, 2021 includes the operating results from Lugano, which the Company acquired on September 3, 2021.
(2)    As of December 31, 2021, ACI met the criteria to be classified as held for sale, and therefore is presented as discontinued operations in all prior periods.
(3)    The Company sold its Liberty operating segment in the third quarter of 2021, recording a gain on sale of $72.8 million. All prior periods are presented as discontinued operations.
(in thousands)
December 31, 2020 (1)(2)(3)
September 30, 2020 (1)(2)(3)
June 30, 2020 (1)(2)(3)
March 31, 2020 (2)(3)
Total revenues$421,609 $364,948 $286,218 $286,792 
Gross profit155,707 135,422 100,691 103,145 
Operating income (loss)22,786 23,926 3,724 4,680 
Income (loss) from continuing operations1,141 11,235 (16,081)(2,036)
Income from discontinued operations7,639 9,568 8,715 6,916 
Gain on sale of discontinued operations, net of tax— 100 — — 
Net income (loss) attributable to Holdings$8,366 $19,186 $(8,437)$3,665 
Basic and fully diluted income (loss) per share attributable to Holdings:
  Continuing operations$(0.15)$(0.03)$(0.40)$(0.35)
  Discontinued operations0.09 0.11 0.10 0.09 
Basic and fully diluted income (loss) per share attributable to Holdings$(0.06)$0.08 $(0.30)$(0.26)
(1) The quarters ended June 30, 2020, September 30, 2020 and December 31, 2020 include operating results from Marucci, which the Company acquired on April 20, 2020. The quarter ended December 31, 2020 includes the operating results from BOA, which the Company acquired on October 16, 2020.
(2)    As of December 31, 2021, ACI met the criteria to be classified as held for sale, and therefore is presented as discontinued operations in all prior periods.
(3)    The Company sold its Liberty operating segment in the third quarter of 2021. All prior periods are presented as discontinued operations.