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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 9 Months Ended
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Sep. 30, 2024
Accounting Policies [Abstract] |
Schedule of Allowance for Credit Losses on Receivables | The following table summarizes year-to-date activity in the allowance for credit losses on receivables from customers in each of our business segments:
| Arcadia Products |  | DynaEnergetics |  | NobelClad |  | DMC Global Inc.
Allowance for doubtful accounts, December 31, 2023 | $ | 60 |  |  | $ | 1,838 |  |  | $ | 57 |  |  | $ | 1,955 |
Current period provision for expected credit losses | 428 |  |  | 4,636 |  |  | — |  |  | 5,064 |
Write-offs charged against the allowance | — |  |  | — |  |  | — |  |  | — |
Recoveries of amounts previously reserved | — |  |  | (45) |  |  | (40) |  |  | (85) |
Impacts of foreign currency exchange rates and other | — |  |  | — |  |  | (1) |  |  | (1) |
Allowance for doubtful accounts, September 30, 2024 | $ | 488 |  |  | $ | 6,429 |  |  | $ | 16 |  |  | $ | 6,933 |
Schedule of Computation and Reconciliation of Earnings Per Common Share | For the three and nine months ended September 30, 2023, diluted EPS using the two-class method was more dilutive than the treasury stock method; as such, only the two-class method has been included below.
| Three months ended September 30, |  | Nine months ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net (loss) income attributable to DMC Global Inc. stockholders, as reported | $ | (101,323) |  |  | $ | 8,883 |  |  | $ | (94,748) |  |  | $ | 23,495 |
Adjustment of redeemable noncontrolling interest | (61,687) |  |  | (1,263) |  |  | (63,201) |  |  | (2,289) |
Less: Undistributed net income available to participating securities | — |  |  | (118) |  |  | — |  |  | (329) |
Numerator for basic net (loss) income per share: | (163,010) |  |  | 7,502 |  |  | (157,949) |  |  | 20,877 |
Add: Undistributed net income allocated to participating securities | — |  |  | 118 |  |  | — |  |  | 329 |
Less: Undistributed net income reallocated to participating securities | — |  |  | (117) |  |  | — |  |  | (328) |
Numerator for diluted net (loss) income per share: | $ | (163,010) |  |  | $ | 7,503 |  |  | $ | (157,949) |  |  | $ | 20,878 |
Denominator: |  |  |  |  |  |  |
Weighted average shares outstanding for basic net (loss) income per share | 19,706,587 |  |  | 19,543,251 |  |  | 19,648,253 |  |  | 19,492,212 |
Effect of dilutive securities (1) | — |  |  | 53,324 |  |  | — |  |  | 48,766 |
Weighted average shares outstanding for diluted net (loss) income per share | 19,706,587 |  |  | 19,596,575 |  |  | 19,648,253 |  |  | 19,540,978 |
Net (loss) income per share |  |  |  |  |  |
Basic | $ | (8.27) |  |  | $ | 0.38 |  |  | $ | (8.04) |  |  | $ | 1.07 |
Diluted | $ | (8.27) |  |  | $ | 0.38 |  |  | $ | (8.04) |  |  | $ | 1.07 |
(1) Given we were in a net loss position after the adjustment of redeemable noncontrolling interest for the three and nine months ended September 30, 2024, all potentially dilutive shares were anti-dilutive and were therefore excluded from the determination of diluted EPS. For the three and nine months ended September 30, 2023, 3,239 and 9,447 shares, respectively, have been excluded as their effect would have been anti-dilutive.
Schedule of Defined Compensation Plan | The balances related to the deferred compensation plan were as follows for the periods presented. The amounts included within “Prepaid expenses and other” and “Other current liabilities” pertain to scheduled distributions per the terms of the Plan that will occur within twelve months of September 30, 2024.
|  | Balance Sheet location |  | September 30, 2024 |  | December 31, 2023
Deferred compensation assets |  | Prepaid expenses and other |  | $ | 1,608 |  |  | $ | 1,428 |
Deferred compensation assets |  | Other assets |  | 7,524 |  |  | 8,449 |
Deferred compensation obligations |  | Other current liabilities |  | 1,608 |  |  | 1,428 |
Deferred compensation obligations |  | Other long-term liabilities |  | 11,223 |  |  | 12,078 |

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