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Acquisitions (Tables)
 9 Months Ended
Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The total consideration paid to acquire the assets and liabilities of Sealand, as set forth below:

(In thousands)Amount
Inventory $13,846 
Property plant, and equipment1,424 
Right-of-use assets127 
Intangible assets14,717 
Total assets acquired30,114 
Obligations under operating leases127 
Total liabilities assumed127 
Net assets29,987 
Goodwill4,861 
Total consideration$34,848 
Schedule of Pro Forma Information
The following table presents the Company’s unaudited pro forma results for the three and nine months ended September 30, 2022, as if the acquisition of Sealand had been consummated on January 1, 2022. The unaudited pro forma financial information presented includes the effects of adjustments related to the amortization of acquired intangible assets and excludes other non-recurring transaction costs directly associated with the acquisition such as legal and other professional service fees. Statutory rates were used to calculate income taxes.

(In thousands, except share and per share data)
Three Months Ended September 30, 2022
Nine Months Ended September 30, 2022
Pro forma net revenue$300,712 $910,397 
Pro forma net income attributable to HF Group$(3,368)$3,389