Disposals

9 Months Ended

Sep. 30, 2025

Discontinued Operations and Disposal Groups [Abstract]

On May 1, 2025, the Company closed the disposition of a business that was included in its Wellness at Home segment. In connection with the closing, the Company received gross proceeds of $68.8 million.

On June 9, 2025, the Company closed the disposition of a business that was included in its Wellness at Home segment. In connection with this transaction, the Company received gross proceeds of $53.5 million. The Company is entitled to future potential contingent payments of up to $12.5 million based upon the achievement of certain conditions in accordance with the terms of the sale agreement. Any future contingent payments will be recognized at the settlement amount as a gain when the condition for achievement is satisfied and the amounts are realized or realizable.

The dispositions described above did not represent a strategic shift for the Company. As such, they do not meet the requirements to be classified and presented as discontinued operations.

The following table presents the total pre-tax gain associated with the dispositions described above (in thousands):


Gross sales proceeds	$	122,336
Net assets sold	(90,111)
Total	$	32,225

The carrying value of the net assets sold at their respective closing dates associated with the dispositions described above were as follows (in thousands):


Cash	$	5,161
Accounts receivable	12,667
Inventory	1,770
Prepaid and other current assets	1,142
Equipment and other fixed assets, net	909
Operating lease right-of-use assets	776
Goodwill	80,943
Identifiable intangible assets, net	2,435
Other assets	11
Accounts payable and accrued expenses	(13,451)
Operating lease liabilities	(802)
Other liabilities	(1,450)
Total	$	90,111