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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net sales $ 560,968 $ 322,108 $ 360,505
Cost of goods sold 243,882 193,813 231,852
Gross profit 317,086 128,295 128,653
Operating expenses:      
Selling, general and administrative expense 66,901 46,513 60,320
Amortization expense 55,032 55,065 55,105
Founders advisory fees - related party 198,308 (108,481) (117,302)
Intangible impairment 0 40,738 0
Other operating expense 612 10 465
Total operating expenses 320,853 33,845 (1,412)
Operating (loss) income (3,767) 94,450 130,065
Other expense (income):      
Interest expense, net 40,461 41,378 42,585
Gain on contingent earn-out 0 (7,273) (12,706)
Foreign currency loss (gain) 2,443 (1,655) 3,462
Other expense (income), net 192 417 (503)
Total other expense, net 43,096 32,867 32,838
(Loss) income before income taxes (46,863) 61,583 97,227
Income tax benefit (expense) 40,958 5,903 (5,469)
Net (loss) income (5,905) 67,486 91,758
Other comprehensive (loss) income, net of tax:      
Foreign currency translation adjustments (19,522) 5,761 (18,336)
Total comprehensive (loss) income $ (25,427) $ 73,247 $ 73,422
(Loss) earnings per share:      
Basic (in usd per share) $ (0.04) $ 0.44 $ 0.57
Diluted (in usd per share) $ (0.04) $ 0.41 $ 0.52
Weighted average number of shares outstanding:      
Basic (in shares) 145,713,439 154,666,717 160,937,575
Diluted (in shares) 145,713,439 166,452,022 175,079,941