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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net sales $ 692,847 $ 504,179 $ 368,663
Cost of goods sold 406,040 295,935 219,884
Gross profit 286,807 208,244 148,779
Selling, general, and administrative 116,793 70,875 62,371
Research and development costs 28,280 23,483 20,630
Amortization of intangible assets 13,999 11,082 10,456
Acquisition and restructuring costs 23,668 9,743 4,942
Related party acquisition and management fee costs 25,789 6,089 3,662
Other operating expense 755 1,517 644
Total operating expense 209,284 122,789 102,705
Operating income 77,523 85,455 46,074
Change in fair value of warrant liability 32,580
Change in fair value of earn-out liability 8,875
Loss on early extinguishment of debt (13,650)
Interest expense 39,128 43,772 50,386
Total non-operating expense 94,233 43,772 50,386
(Loss) Income before income taxes (16,710) 41,683 (4,312)
Income tax expense (benefit) 10,429 8,826 (4,873)
Net (loss) income (27,139) 32,857 561
Comprehensive (loss) income      
Foreign currency translation adjustment 30 16
Pension liability loss 388 (293) (123)
Total comprehensive (loss) income $ (26,721) $ 32,580 $ 438
Weighted average shares of outstanding common stock, basic and diluted 89,959,993 67,673,884 67,673,884
Basic net (loss) income per share $ (0.30) $ 0.49 $ 0.01
Diluted net (loss) income per share $ (0.30) $ 0.49 $ 0.01