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BUSINESS SEGMENTS | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
BUSINESS SEGMENTS | BUSINESS SEGMENTS Segment information The Company has two reportable segments, U.S. and International. The Company has segmented its operations to reflect the manner in which management reviews and evaluates the results of its operations. The U.S. segment includes the Company’s primary domestic business that designs, markets and distributes its products to retailers, distributors and directly to consumers through its own websites. The International segment consists of certain business operations conducted outside the U.S. Management evaluates the performance of the U.S. and International segments based on net sales and income from operations. Such measures give recognition to specifically identifiable operating costs such as cost of sales, distribution expenses and selling, general and administrative expenses. Certain general and administrative expenses, such as senior executive salaries and benefits, stock compensation, director fees and accounting, legal fees and consulting fees, are not allocated to the specific segments and are reflected as unallocated corporate expenses.
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
|  |  | (in thousands) |  |
Net sales: |  |  |  |  |
U.S. | $ | 669,179 |  |  | $ | 770,633 |  |  | $ | 683,539 |
International | 58,483 |  |  | 92,291 |  |  | 85,630 |
Total net sales | $ | 727,662 |  |  | $ | 862,924 |  |  | $ | 769,169 |
Income from operations: |  |  |  |  |
U.S. (1)(2) | $ | 61,479 |  |  | $ | 100,336 |  |  | $ | 60,378 |
International (2)(3) | (12,153) |  |  | (25,051) |  |  | (12,835) |
Unallocated corporate expenses (4) | (25,063) |  |  | (24,443) |  |  | (22,573) |
Total income from operations | $ | 24,263 |  |  | $ | 50,842 |  |  | $ | 24,970 |
Depreciation and amortization: |  |  |  |  |
U.S. | $ | 18,279 |  |  | $ | 18,504 |  |  | $ | 20,018 |
International | 1,257 |  |  | 4,016 |  |  | 4,646 |
Total depreciation and amortization | $ | 19,536 |  |  | $ | 22,520 |  |  | $ | 24,664 |
Capital expenditures: |  |  |  |  |
U.S. | $ | 2,088 |  |  | $ | 3,838 |  |  | $ | 1,467 |
International | 887 |  |  | 148 |  |  | 615 |
Total capital expenditures | $ | 2,975 |  |  | $ | 3,986 |  |  | $ | 2,082 |
(1)In 2020, the Company recognized non-cash impairment charges of $20.1 million related to the U.S. segment as described in NOTE 7 — GOODWILL AND INTANGIBLE ASSETS. (2)In 2022, income from operations includes restructuring expenses of $0.4 million for the U.S. segment and $0.4 million for the International segment. In 2020, income from operations for the International segment includes $0.2 million of restructuring expenses, as described in NOTE 1 — SIGNIFICANT ACCOUNTING POLICIES. (3)In 2021, the Company recognized non-cash impairment charges of $14.8 million related to the international segment as described in NOTE 7 — GOODWILL AND INTANGIBLE ASSETS. (4)The Company recognized expenses of $5.1 million and $0.5 million in 2022 and 2021, respectively, for estimated remediation costs related to the Wallace EPA Matter, as described in NOTE 14 — COMMITMENTS AND CONTINGENCIES. In 2022, the Company recognized $0.6 million of restructuring expenses within unallocated corporate expenses, as described in NOTE 1 — SIGNIFICANT ACCOUNTING POLICIES.
| December 31,
| 2022 |  | 2021
| (in thousands)
Assets: |  |  |
U.S. | $ | 608,496 |  |  | $ | 706,000 |
International | 93,794 |  |  | 95,092 |
Unallocated corporate | 23,598 |  |  | 27,982 |
Total assets | $ | 725,888 |  |  | $ | 829,074 |
| Year Ended December 31,
| 2022 |  | 2021
| (in thousands)
Goodwill: |  |  |
U.S. |  |  |
Beginning balance | $ | 30,271 |  |  | $ | 30,271 |
Acquisition activity | 2,966 |  |  | — |
Total goodwill | $ | 33,237 |  |  | $ | 30,271 |
Geographical information The following table sets forth long-lived assets by the major geographic locations:
| December,
| 2022 |  | 2021
| (in thousands)
Long-lived assets, excluding intangible assets, at period-end: |  |  |
United States | $ | 75,308 |  |  | $ | 81,659 |
Mexico | 12,516 |  |  | 22,295 |
United Kingdom | 22,845 |  |  | 26,429 |
Rest of World | 1,076 |  |  | 940 |
Total | $ | 111,745 |  |  | $ | 131,323 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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