XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.3

Operating Segment Data (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Summary of Net Sales of Operating Segments

Net Revenues			Three months ended September 30,												Nine months ended September 30,
(in thousands)			2023						2022						2023						2022
5.11			$	135,213					$	126,537					$	385,695					$	350,608
BOA			37,281						50,019						113,390						166,215
Ergobaby			23,218						21,540						71,785						68,256
Lugano			78,735						51,145						203,571						137,229
Marucci			48,500						42,753						144,065						122,481
PrimaLoft			10,930						10,712						57,619						10,712
Velocity Outdoor			54,469						75,482						126,348						180,774
Altor Solutions			59,215						69,618						181,613						199,590
Arnold			41,819						39,377						122,047						116,319
Sterno			80,185						88,636						229,819						249,745
Total segment revenue			569,565						575,819						1,635,952						1,601,929
Corporate			—						—						—						—
Total consolidated revenues			$	569,565					$	575,819					$	1,635,952					$	1,601,929

Summary of Profit (Loss) of Operating Segments

Segment Profit (Loss)			Three months ended September 30,												Nine months ended September 30,
(in thousands)			2023						2022						2023						2022
5.11			$	13,400					$	12,091					$	31,652					$	30,301
BOA			6,684						12,975						22,685						50,237
Ergobaby			1,288						593						4,202						3,866
Lugano			27,963						12,635						64,872						35,885
Marucci			11,062						7,692						28,364						14,141
PrimaLoft			(2,756)						(8,469)						5,082						(8,469)
Velocity Outdoor			(28,581)						10,225						(33,467)						18,721
Altor Solutions			8,749						6,561						24,906						18,303
Arnold			4,739						5,462						15,390						14,075
Sterno			6,438						2,795						18,019						13,783
Total segment operating income			48,986						62,560						181,705						190,843
Corporate			(20,551)						(18,785)						(59,298)						(52,155)
Total consolidated operating income			28,435						43,775						122,407						138,688
Reconciliation of segment operating income (loss) to consolidated income from continuing operations before income taxes:
Interest expense, net			(27,560)						(22,799)						(80,355)						(57,737)
Amortization of debt issuance costs			(1,005)						(1,004)						(3,034)						(2,735)
Loss on debt extinguishment			—						(534)						—						(534)
Other income (expense), net			1,043						(1,917)						2,069						856
Total consolidated income from continuing operations before income taxes			$	913					$	17,521					$	41,087					$	78,538

Summary of Goodwill and Identifiable Assets of Operating Segments

Depreciation and Amortization Expense			Three months ended September 30,												Nine months ended September 30,
(in thousands)			2023						2022						2023						2022
5.11			$	6,494					$	5,701					$	19,645					$	16,648
BOA			5,875						5,517						17,267						16,161
Ergobaby			2,009						2,008						6,038						5,998
Lugano			1,913						2,976						6,522						8,090
Marucci			3,396						2,467						9,768						9,447
PrimaLoft			5,283						4,107						15,843						4,107
Velocity Outdoor			3,267						3,327						9,846						9,740
Altor Solutions			4,154						4,062						12,374						12,069
Arnold			2,085						1,895						6,126						5,942
Sterno			4,872						4,956						14,678						14,934
Total			39,348						37,016						118,107						103,136
Reconciliation of segment to consolidated total:
Amortization of debt issuance costs			1,005						1,004						3,034						2,735
Consolidated total			$	40,353					$	38,020					$	121,141					$	105,871

			Accounts Receivable												Identifiable Assets
			September 30,						December 31,						September 30,						December 31,
(in thousands)			2023						2022						2023 (1)						2022 (1)
5.11			$	52,661					$	53,589					$	436,032					$	450,537
BOA			1,966						1,630						230,416						240,359
Ergobaby			12,581						11,213						75,594						84,657
Lugano			105,094						85,911						466,925						327,795
Marucci			30,373						35,185						188,362						181,528
PrimaLoft			1,377						2,486						298,806						310,914
Velocity Outdoor			36,028						33,159						223,427						224,356
Altor Solutions			43,133						42,368						186,749						198,943
Arnold			26,973						23,666						107,797						105,196
Sterno			51,426						54,400						186,514						210,780
Sales allowance accounts			(11,773)						(12,211)						—						—
Total			349,839						331,396						2,400,622						2,335,065
Reconciliation of segment to consolidated totals:
Corporate and other identifiable assets			—						—						18,882						18,471
Total			$	349,839					$	331,396					$	2,419,504					$	2,451,509

(1)Does not include accounts receivable balances per schedule above or goodwill balances - refer to Note G - "Goodwill and Other Intangible Assets".

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration