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Acquisition (Tables) | 12 Months Ended
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Dec. 31, 2023
Acquisitions |
Schedule Of Purchase Price Allocation | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | TRED | ​ | MAXTRAX | ​ | Rhino-Rack
​ | ​ | October 9, 2023 | ​ | December 1, 2021 | ​ | July 1, 2021
​ | ​ | Number of Shares | ​ | Estimated Fair Value | ​ | Number of Shares | ​ | Estimated Fair Value | ​ | Number of Shares | ​ | Estimated Fair Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash paid | ​ | - | ​ | $ | 5,659 | ​ | - | ​ | $ | 26,780 | ​ | - | ​ | $ | 143,590
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Issuance of shares of Clarus Corporation | ​ | 179 | ​ | ​ | 1,069 | ​ | 107 | ​ | ​ | 2,594 | ​ | 2,315 | ​ | ​ | 55,333
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Future issuance of shares of Clarus Corporation | ​ | - | ​ | ​ | - | ​ | - | ​ | ​ | 4,457 | ​ | - | ​ | ​ | -
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contingent consideration | ​ | - | ​ | ​ | 121 | ​ | - | ​ | ​ | 1,644 | ​ | - | ​ | ​ | 3,565
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total purchase consideration | ​ | 179 | ​ | $ | 6,849 | ​ | 107 | ​ | $ | 35,475 | ​ | 2,315 | ​ | $ | 202,488
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets acquired and liabilities assumed | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash | ​ | ​ | ​ | $ | 11 | ​ | ​ | ​ | $ | 1,869 | ​ | ​ | ​ | $ | 7,513
Accounts receivable | ​ | ​ | ​ | ​ | 1,000 | ​ | ​ | ​ | ​ | 2,791 | ​ | ​ | ​ | ​ | 10,769
Inventories | ​ | ​ | ​ | ​ | 1,006 | ​ | ​ | ​ | ​ | 1,819 | ​ | ​ | ​ | ​ | 27,046
Prepaid and other current assets | ​ | ​ | ​ | ​ | 11 | ​ | ​ | ​ | ​ | 883 | ​ | ​ | ​ | ​ | 644
Property and equipment | ​ | ​ | ​ | ​ | 195 | ​ | ​ | ​ | ​ | 139 | ​ | ​ | ​ | ​ | 4,619
Other intangible assets | ​ | ​ | ​ | ​ | 3,305 | ​ | ​ | ​ | ​ | 10,341 | ​ | ​ | ​ | ​ | 55,400
Indefinite-lived intangible assets | ​ | ​ | ​ | ​ | - | ​ | ​ | ​ | ​ | 10,555 | ​ | ​ | ​ | ​ | 72,800
Goodwill | ​ | ​ | ​ | ​ | 2,832 | ​ | ​ | ​ | ​ | 15,199 | ​ | ​ | ​ | ​ | 78,347
Other long-term assets | ​ | ​ | ​ | ​ | - | ​ | ​ | ​ | ​ | 979 | ​ | ​ | ​ | ​ | 11,468
Total assets | ​ | ​ | ​ | ​ | 8,360 | ​ | ​ | ​ | ​ | 44,575 | ​ | ​ | ​ | ​ | 268,606
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Accounts payable and accrued liabilities | ​ | ​ | ​ | ​ | 638 | ​ | ​ | ​ | ​ | 2,176 | ​ | ​ | ​ | ​ | 16,511
Income tax payable | ​ | ​ | ​ | ​ | - | ​ | ​ | ​ | ​ | 251 | ​ | ​ | ​ | ​ | 3,413
Current portion of long-term debt | ​ | ​ | ​ | ​ | - | ​ | ​ | ​ | ​ | - | ​ | ​ | ​ | ​ | 607
Long-term debt | ​ | ​ | ​ | ​ | - | ​ | ​ | ​ | ​ | - | ​ | ​ | ​ | ​ | 2,107
Deferred income taxes | ​ | ​ | ​ | ​ | 873 | ​ | ​ | ​ | ​ | 5,863 | ​ | ​ | ​ | ​ | 32,451
Other long-term liabilities | ​ | ​ | ​ | ​ | - | ​ | ​ | ​ | ​ | 810 | ​ | ​ | ​ | ​ | 11,029
Total liabilities | ​ | ​ | ​ | ​ | 1,511 | ​ | ​ | ​ | ​ | 9,100 | ​ | ​ | ​ | ​ | 66,118
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net Book Value Acquired | ​ | ​ | ​ | $ | 6,849 | ​ | ​ | ​ | $ | 35,475 | ​ | ​ | ​ | $ | 202,488
Schedule Of Intangible Assets Other Than Goodwill Acquired | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | TRED | ​ | MAXTRAX | ​ | Rhino-Rack
​ | ​ | ​ | Average | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average
​ | Gross | Useful Life | ​ | Gross | Useful Life | ​ | Gross | Useful Life
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Intangibles subject to amortization | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer relationships | $ | 1,249 | ​ | 8.0 years | ​ | $ | 8,986 | ​ | 13.5 years | ​ | $ | 40,400 | ​ | 13.5 years
Product technologies | ​ | 394 | ​ | 6.0 years | ​ | ​ | 1,355 | ​ | 7.0 years | ​ | ​ | 15,000 | ​ | 10.0 years
Tradenames | ​ | 1,662 | ​ | 12.0 years | ​ | ​ | - | ​ | N/A | ​ | ​ | - | ​ | N/A
Intangibles not subject to amortization | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trademarks | ​ | - | ​ | N/A | ​ | ​ | 10,555 | ​ | N/A | ​ | ​ | 72,800 | ​ | N/A
​ | $ | 3,305 | ​ | 9.8 years | ​ | $ | 20,896 | ​ | 12.6 years | ​ | $ | 128,200 | ​ | 12.6 years
Pro Forma Results | ​
​ | ​ | ​ | ​ | ​ | ​
​ | (Unaudited)
​ | Year Ended December 31,
​ | 2021 | ​ | 2020
Sales | $ | 331,801 | ​ | $ | 253,409
Net income | $ | 22,399 | ​ | $ | (1,433)
Net income per share - basic | $ | 0.68 | ​ | $ | (0.05)
Net income per share - diluted | $ | 0.63 | ​ | $ | (0.05)

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