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Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Schedule of the classification after the adoption of the change in accounting

The following table compares the Company’s historical classification with the classification after the adoption of the change in accounting for the three years ended December 31, 2023, 2022 and 2021.

		Classification after adoption of accounting change								Classification prior to adoption  of accounting change
		2022				2021				2022				2021
Net sales		$	609,615			$	557,676			$	609,615			$	557,676
Cost of sales			(417,227	)			(386,953	)			(368,263	)			(343,629	)
Gross profit			192,388				170,723				241,352				214,047
Operating expenses
Selling, general and administrative			(119,921	)			(111,093	)			(168,885	)			(154,417	)
Research, product and regulatory			(31,816	)			(28,855	)			(31,816	)			(28,855	)
Bargain purchase gain on business acquisition			—				171				—				171
Operating income		$	40,651			$	30,946			$	40,651			$	30,946

Components of Inventories, Net of Reserve Allowance

The components of inventories, consist of the following:

		2023				2022
Finished products		$	198,935			$	155,128
Raw materials			20,616				29,062
Total inventories		$	219,551			$	184,190

Schedule of Additional Information of Operating Leases

Additional information related to operating leases are as follows:

		Year Ended December 31, 2023				Year Ended December 31, 2022				Year Ended December 31, 2021
Cash paid for amounts included in the measurement of lease liabilities		$	7,333			$	6,450			$	5,750
ROU assets obtained in exchange for new lease liabilities		$	4,466			$	4,468			$	18,521

Schedule of Weighted-Average Remaining Lease Term and Discount Rate Related to Operating Leases

The weighted-average remaining lease term and discount rate related to the operating leases as of December 31, 2023 and 2022 were as follows:

		December 31, 2023				December 31, 2022
Weighted-average remaining lease term (in years)			5.04				5.93
Weighted-average discount rate			4.60	%			4.00	%

Schedule of Future Minimum Lease Payments Under Non-Cancellable Operating Leases

Future minimum lease payments under non-cancellable operating leases as of December 31, 2023 were as follows:

2024		$	6,879
2025			5,755
2026			4,275
2027			2,814
2028			1,883
Thereafter			4,338
Total lease payments		$	25,944
Less: imputed interest			(2,750	)
Total		$	23,194
Amounts recognized in the consolidated balance sheets:
Operating lease liabilities, current		$	6,081
Operating lease liabilities, long term		$	17,113

Summary of Selective Enterprise Information of Sales Disaggregated By Category and Geographic Region

Selective enterprise information of sales disaggregated by category and geographic region is as follows:

		2023				2022				2021
Net sales:
U.S. crop		$	269,229			$	288,624			$	263,632
U.S. non-crop			75,287				76,709				78,605
Total U.S.			344,516				365,333				342,237
International			234,855				244,282				215,439
Total net sales		$	579,371			$	609,615			$	557,676

Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share were as follows:

		2023				2022				2021
Numerator:
Net income		$	7,519			$	27,404			$	18,587
Denominator:
Weighted average shares outstanding—basic			28,128				29,234				29,811
Dilutive effect of stock options and grants			405				638				599
Weighted average shares outstanding—diluted			28,533				29,872				30,410

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