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v3.22.1

Operating Segment Data (Tables) | 3 Months Ended
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Mar. 31, 2022
Segment Reporting [Abstract] |
Summary of Net Sales of Operating Segments |
Net Revenues | Three months ended March 31, |  |
(in thousands) | 2022 |  | 2021 |  |  |  |
5.11 | $ | 104,023 |  |  | $ | 99,877 |  |  |  |  |
BOA | 56,810 |  |  | 36,452 |  |  |  |  |
Ergobaby | 20,210 |  |  | 22,328 |  |  |  |  |
Lugano | 47,019 |  |  | — |  |  |  |  |
Marucci | 52,092 |  |  | 36,648 |  |  |  |  |
Velocity Outdoor | 51,446 |  |  | 65,632 |  |  |  |  |
Altor | 63,828 |  |  | 37,820 |  |  |  |  |
Arnold | 38,165 |  |  | 32,485 |  |  |  |  |
Sterno | 76,920 |  |  | 77,314 |  |  |  |  |
Total segment revenue | 510,513 |  |  | 408,556 |  |  |  |  |
Corporate and other | — |  |  | — |  |  |  |  |
Total consolidated revenues | $ | 510,513 |  |  | $ | 408,556 |  |  |  |  |
Summary of Profit (Loss) of Operating Segments |
Segment profit (loss) (1) | Three months ended March 31, |  |
(in thousands) | 2022 |  | 2021 |  |  |  |
5.11 | $ | 5,905 |  |  | $ | 5,836 |  |  |  |  |
BOA | 18,811 |  |  | 7,254 |  |  |  |  |
Ergobaby | (276) |  |  | 1,964 |  |  |  |  |
Lugano | 13,606 |  |  | — |  |  |  |  |
Marucci | 7,885 |  |  | 10,507 |  |  |  |  |
Velocity Outdoor | 3,067 |  |  | 11,034 |  |  |  |  |
Altor | 5,834 |  |  | 4,684 |  |  |  |  |
Arnold | 3,288 |  |  | 2,996 |  |  |  |  |
Sterno | 3,034 |  |  | 4,284 |  |  |  |  |
Total | 61,154 |  |  | 48,559 |  |  |  |  |
Reconciliation of segment profit (loss) to consolidated net income before income taxes: |  |  |  |  |  |  |
Interest expense, net | (17,419) |  |  | (13,805) |  |  |  |  |
Other income (expense), net | 2,036 |  |  | (2,228) |  |  |  |  |
Corporate and other (2) | (17,418) |  |  | (14,136) |  |  |  |  |
Total consolidated income before income taxes | $ | 28,353 |  |  | $ | 18,390 |  |  |  |  |
(1)Segment profit (loss) represents operating income (loss). (2)Primarily relates to management fees expensed and payable to CGM, and corporate overhead expenses
Summary of Goodwill and Identifiable Assets of Operating Segments |
Depreciation and Amortization Expense | Three months ended March 31, |  |
(in thousands) | 2022 |  | 2021 |  |  |  |
5.11 | $ | 5,412 |  |  | $ | 5,358 |  |  |  |  |
BOA | 5,254 |  |  | 4,890 |  |  |  |  |
Ergobaby | 1,995 |  |  | 2,217 |  |  |  |  |
Lugano | 2,169 |  |  | — |  |  |  |  |
Marucci | 4,152 |  |  | 2,139 |  |  |  |  |
Velocity Outdoor | 3,195 |  |  | 3,073 |  |  |  |  |
Altor | 3,928 |  |  | 2,563 |  |  |  |  |
Arnold | 2,185 |  |  | 1,721 |  |  |  |  |
Sterno | 5,003 |  |  | 5,185 |  |  |  |  |
Total | 33,293 |  |  | 27,146 |  |  |  |  |
Reconciliation of segment to consolidated total: |  |  |  |  |  |  |
Amortization of debt issuance costs and bond premium | 866 |  |  | 603 |  |  |  |  |
Consolidated total | $ | 34,159 |  |  | $ | 27,749 |  |  |  |  |
| Accounts Receivable |  | Identifiable Assets
| March 31, |  | December 31, |  | March 31, |  | December 31,
(in thousands) | 2022 |  | 2021 |  | 2022 (1) |  | 2021 (1)
5.11 | $ | 46,644 |  |  | $ | 50,461 |  |  | $ | 361,564 |  |  | $ | 354,666 |
BOA | 3,700 |  |  | 2,387 |  |  | 256,196 |  |  | 263,052 |
Ergobaby | 11,069 |  |  | 11,167 |  |  | 88,769 |  |  | 86,530 |
Lugano | 30,633 |  |  | 27,812 |  |  | 270,623 |  |  | 233,720 |
Marucci | 31,891 |  |  | 23,261 |  |  | 165,096 |  |  | 146,087 |
Velocity Outdoor | 33,328 |  |  | 36,017 |  |  | 231,439 |  |  | 219,545 |
Altor | 42,325 |  |  | 38,457 |  |  | 210,942 |  |  | 205,631 |
Arnold | 22,359 |  |  | 20,372 |  |  | 98,771 |  |  | 101,591 |
Sterno | 57,356 |  |  | 72,179 |  |  | 241,800 |  |  | 244,338 |
Allowance for doubtful accounts | (14,018) |  |  | (13,851) |  |  | — |  |  | — |
Total | 265,287 |  |  | 268,262 |  |  | 1,925,200 |  |  | 1,855,160 |
Reconciliation of segment to consolidated total: |  |  |  |  |  |  |
Corporate and other identifiable assets | — |  |  | — |  |  | 53,574 |  |  | 106,011 |
Assets held for sale | — |  |  | — |  |  | 102,293 |  |  | 99,423 |
Consolidated total | $ | 265,287 |  |  | $ | 268,262 |  |  | $ | 2,081,067 |  |  | $ | 2,060,594 |
(1)Does not include accounts receivable balances per schedule above or goodwill balances - refer to Note G - "Goodwill and Other Intangible Assets".

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