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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities    
Net income $ 15,191 $ 43,313
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for credit losses 785 1,687
Depreciation and amortization 8,228 7,737
Write-off and amortization of debt issuance costs 464 237
Share-based compensation expense 8,132 7,280
Loss on disposal of property and equipment 12 115
Accounts receivable (64,935) (168,314)
Inventory (18,717) (10,862)
Prepaid expenses and other assets (3,832) (121)
Accounts payable 27,756 56,085
Accounts payable - Meisheng (related party) (12,706) 22,382
Accrued expenses 3,071 26,158
Reserve for sales returns and allowances 1,874 2,306
Income taxes payable 2,466 (3,507)
Deferred income taxes 2,782 0
Other liabilities 4,676 323
Total adjustments (39,944) (58,494)
Net cash used in operating activities (24,753) (15,181)
Cash flows from investing activities    
Purchases of property and equipment (7,850) (7,344)
Investments in employee deferred compensation trusts (1,820) (1,647)
Proceeds from sale of property and equipment 0 2
Net cash used in investing activities (9,670) (8,989)
Cash flows from financing activities    
Repurchase of common stock for employee tax withholding (4,232) (6,461)
Repayment of credit facility borrowings (8,000) (63,000)
Proceeds from credit facility borrowings 8,000 63,000
Dividends paid (8,374) 0
Deferred issuance costs (217) 0
Redemption of preferred stock 0 (20,000)
Net cash used in financing activities (12,823) (26,461)
Net decrease in cash, cash equivalents and restricted cash (47,246) (50,631)
Effect of foreign currency translation 4,865 361
Cash, cash equivalents and restricted cash, beginning of period 70,137 72,554
Cash, cash equivalents and restricted cash, end of period 27,756 22,284
Supplemental disclosures of cash flow information:    
Cash paid for interest 29 452
Cash paid for income taxes, net $ 2,789 $ 14,866