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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenue $ 213,212 $ 175,518 $ 144,496
Cost of revenue 130,567 108,972 100,284
Gross profit 82,645 66,546 44,212
Operating Expenses      
General and administrative expenses 37,893 21,008 9,065
Depreciation and amortization 8,520 8,262 8,217
Total Operating Expenses 46,413 29,270 17,282
Income from Operations 36,232 37,276 26,930
Interest expense, net (14,549) (3,510) (1,787)
Payable pursuant to the tax receivable agreement adjustment (1,663) 0 0
Loss on debt repayment (15,990) 0 0
Income before income taxes 4,030 33,766 25,143
Income tax expense (86) 0 0
Net income 3,944 33,766 25,143
Less: net income attributable to non-controlling interests 1,596 0 0
Net income attributable to Shoals Technologies Group, Inc. $ 2,348 $ 33,766 $ 25,143
Class A Common Stock      
Loss per share of Class A common stock:      
Basic (in USD per share) $ (0.00)    
Diluted (in USD per share) $ (0.00)    
Weighted average shares of Class A common stock outstanding:      
Basic (in shares) 99,269    
Diluted (in shares) 99,269