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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Statement of Cash Flows [Abstract]    
Net income $ 43,313 $ 48,985
Provision for credit losses 1,687 983
Depreciation and amortization 7,737 6,231
Write-off and amortization of debt discount 0 714
Write-off and amortization of debt issuance costs 237 567
Share-based compensation expense 7,280 5,970
Loss on disposal of property and equipment 115 5
Loss on debt extinguishment 0 1,023
Deferred income taxes 0 (52)
Change in fair value of preferred stock derivative liability 0 6,668
Changes in operating assets and liabilities:    
Accounts receivable (168,314) (104,963)
Inventory (10,862) 11,787
Prepaid expenses and other assets (121) (378)
Accounts payable 56,085 60,931
Accounts payable - Meisheng (related party) 22,382 17,622
Accrued expenses 26,158 27,611
Reserve for sales returns and allowances 2,306 (8,365)
Income taxes payable (3,507) 9,322
Other liabilities 323 3,009
Total adjustments (58,494) 38,685
Net cash provided by (used in) operating activities (15,181) 87,670
Cash flows from investing activities    
Purchases of property and equipment (7,344) (5,713)
Investments in employee deferred compensation trusts (1,647) 0
Proceeds from sale of property and equipment 2 37
Net cash used in investing activities (8,989) (5,676)
Cash flows from financing activities    
Repurchase of common stock for employee tax withholding (6,461) (2,493)
Repayment of credit facility borrowings (63,000) (10,000)
Proceeds from credit facility borrowings 63,000 10,000
Redemption of preferred stock (20,000) 0
Repayment of 2021 BSP Term Loan 0 (69,218)
Net cash used in financing activities (26,461) (71,711)
Net increase (decrease) in cash, cash equivalents and restricted cash (50,631) 10,283
Effect of foreign currency translation 361 674
Cash, cash equivalents and restricted cash, beginning of period 72,554 85,490
Cash, cash equivalents and restricted cash, end of period 22,284 96,447
Supplemental disclosures of non-cash activities:    
Right-of-use assets exchanged for lease liabilities 5,551 1,461
Supplemental disclosures of cash flow information:    
Cash paid for interest 452 4,141
Cash paid for income taxes, net $ 14,866 $ 3,215