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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue $ 439,536 $ 377,984 $ 855,622 $ 726,254
Cost of goods sold 288,009 241,961 560,686 457,360
Gross profit 151,527 136,023 294,936 268,894
Selling, general and administrative expenses 137,369 122,247 277,995 238,397
Operating income (loss) 14,158 13,776 16,941 30,497
Interest expense (12,793) (9,492) (24,620) (17,162)
Change in fair value of earnout liabilities (8) 36 (3) (21)
Other income (expense), net 359 (761) 97 (1,736)
Income (loss) before income taxes 1,716 3,559 (7,585) 11,578
Income tax expense (benefit) (180) 535 (4,257) 2,647
Net income (loss) $ 1,896 $ 3,024 $ (3,328) $ 8,931
Basic income (loss) per share of common stock (in USD per share) [1] $ 0.04 $ 0.07 $ (0.07) $ 0.21
Diluted income (loss) per share of common stock (in USD per share) [1] $ 0.04 $ 0.07 $ (0.07) $ 0.21
Comprehensive income (loss)        
Net income (loss) $ 1,896 $ 3,024 $ (3,328) $ 8,931
Foreign currency translation adjustment (2,558) 1,083 (5,696) 3,707
Other 0 (385) 0 (585)
Comprehensive income (loss) $ (662) $ 3,722 $ (9,024) $ 12,053
[1]
(1) The accompanying Unaudited Condensed Consolidated Financial Statements and notes thereto have been retroactively adjusted to reflect the two-for-one stock split completed in August 2023. See Note 1 – Nature of Operations and Basis of Presentation for details.