XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Net sales $ 159,290 $ 166,869
Cost of products sold 118,091 124,517
Gross profit 41,199 42,352
Costs and expenses:    
General and administrative expenses 16,674 15,980
Selling and distribution expenses 11,626 12,223
Amortization of purchased intangible assets 4,763 5,292
Strategic review and related expenses 1,298 2,169
Restructuring expenses 325 0
Total costs and expenses 34,686 35,664
Operating income 6,513 6,688
Other expense:    
Other expense, net (218) (409)
Interest expense, net (1,699) (2,317)
Income before income taxes 4,596 3,962
Income tax provision 2,733 1,643
Net income 1,863 2,319
Less: Net income (loss) attributable to redeemable noncontrolling interest 1,186 (244)
Net income attributable to DMC Global Inc. stockholders $ 677 $ 2,563
Net income per share attributable to DMC Global Inc. stockholders:    
Basic (in dollars per share) $ 0.04 $ 0.01
Diluted (in dollars per share) $ 0.04 $ 0.01
Weighted average shares outstanding:    
Basic (in shares) 19,812,161 19,610,644
Diluted (in shares) 19,816,281 19,622,455
Reconciliation to net income attributable to DMC Global Inc. stockholders after adjustment of redeemable noncontrolling interest for purposes of calculating earnings per share    
Net income attributable to DMC Global Inc. stockholders $ 677 $ 2,563
Adjustment of redeemable noncontrolling interest 81 (2,307)
Net income attributable to DMC Global Inc. stockholders after adjustment of redeemable noncontrolling interest $ 758 $ 256