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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 152,429 $ 172,147 $ 490,477 $ 545,152
Cost of products sold 122,324 119,550 371,607 378,454
Gross profit 30,105 52,597 118,870 166,698
Costs and expenses:        
General and administrative expenses 14,349 16,259 45,952 60,285
Selling and distribution expenses 13,856 12,454 37,578 36,978
Amortization of purchased intangible assets 5,278 5,667 15,877 17,001
Goodwill impairment 141,725 0 141,725 0
Strategic review expenses 1,763 0 5,952 0
Restructuring expenses and asset impairments 2,069 515 2,348 515
Total costs and expenses 179,040 34,895 249,432 114,779
Operating (loss) income (148,935) 17,702 (130,562) 51,919
Other expense:        
Other (expense) income, net (520) 302 (1,213) (337)
Interest expense, net (2,113) (2,392) (6,746) (7,205)
(Loss) income before income taxes (151,568) 15,612 (138,521) 44,377
Income tax provision 7,848 4,087 12,283 13,187
Net (loss) income (159,416) 11,525 (150,804) 31,190
Less: Net (loss) income attributable to redeemable noncontrolling interest (58,093) 2,642 (56,056) 7,695
Net (loss) income attributable to DMC Global Inc. stockholders $ (101,323) $ 8,883 $ (94,748) $ 23,495
Net (loss) income per share attributable to DMC Global Inc. stockholders:        
Basic (in dollars per share) $ (8.27) $ 0.38 $ (8.04) $ 1.07
Diluted (in dollars per share) $ (8.27) $ 0.38 $ (8.04) $ 1.07
Weighted average shares outstanding:        
Basic (in shares) 19,706,587 19,543,251 19,648,253 19,492,212
Diluted (in shares) 19,706,587 19,596,575 19,648,253 19,540,978
Reconciliation to net income attributable to DMC Global Inc. stockholders after adjustment of redeemable noncontrolling interest for purposes of calculating earnings per share        
Net (loss) income attributable to DMC Global Inc. stockholders $ (101,323) $ 8,883 $ (94,748) $ 23,495
Adjustment of redeemable noncontrolling interest (61,687) (1,263) (63,201) (2,289)
Net (loss) income attributable to DMC Global Inc. stockholders after adjustment of redeemable noncontrolling interest $ (163,010) $ 7,620 $ (157,949) $ 21,206