Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

The following tables reflect the Company’s percentage ownership of its businesses, as of December 31, 2024, 2023 and 2022 and related noncontrolling interest balances as of December 31, 2024, 2023 and 2022:


	% Ownership (1) December 31, 2024		% Ownership (1) December 31, 2023		% Ownership (1) December 31, 2022
	Primary	Fully Diluted	Primary	Fully Diluted	Primary	Fully Diluted
5.11	97.6	86.9	97.2	88.9	97.7	88.3
BOA	91.7	83.0	91.8	83.2	91.8	83.5
Lugano	59.9	55.0	59.9	55.5	59.9	55.2
PrimaLoft	90.7	84.7	90.7	83.1	90.7	83.7
The Honey Pot Co.	84.8	77.2	N/a	N/a	N/a	N/a
Velocity	99.4	93.3	99.4	87.7	99.4	87.7
Altor	99.3	90.2	99.3	89.8	99.8	88.2
Arnold	98.0	85.8	98.0	85.5	98.0	85.5
Sterno	98.5	91.6	99.4	87.6	99.4	90.7

(1)The principal difference between primary and fully diluted percentages of our operating segments is due to stock option issuances of operating segment stock to management of the respective business.


	Noncontrolling Interest Balances
	December 31, 2024		December 31, 2023		December 31, 2022
(in thousands)	(As Restated)		(As Restated)		(As Restated)
5.11	$	15,104	$	15,350	$	17,186
BOA	15,103		8,316		36,215
Lugano	(268,595)		(160,441)		(90,715)
PrimaLoft	32,133		30,736		36,263
The Honey Pot Co.	41,869		—		—
Velocity	6,824		6,770		6,115
Altor	6,283		5,354		5,077
Arnold	1,667		1,707		1,475
Sterno	1,466		2,117		2,046
Allocation Interests	100		100		100
	$	(148,046)	$	(89,991)	$	13,762

Summary of Ranges of Useful Lives

The ranges of useful lives are as follows:


Buildings and improvements			5 to 40 years
Machinery and equipment			1 to 15 years
Office furniture, computers and software			1 to 10 years
Leasehold improvements			Shorter of useful life or lease term