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BUSINESS SEGMENTS
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
Segment information
The Company operates in two reportable segments: U.S. and International. The U.S. segment is the Company’s domestic business that designs, markets and distributes its products to retailers and distributors, as well as directly to consumers through third parties and its own internet websites primarily in the U.S. The International segment is the Company’s international business that sells and distributes products to consumers primarily in the U.K., the European Union and the Asia Pacific region.
The Company’s chief operation decision maker (“CODM”) is the Company’s Chief Executive Officer. The Company has segmented its operations to reflect the manner in which the CODM reviews and evaluates the results of its operations. The CODM allocates operating and capital resources and evaluates the performance of the Company’s segments based on segment net sales, segment gross margin, and segment (loss) income from operations. Such measures give recognition to specifically identifiable operating costs. Significant segment expenses that are included in segment operating income consist of cost of sales, distribution expenses (which include freight-out expenses and warehouse expenses) and selling, general and administrative expenses.
Certain general and administrative expenses are not allocated to the Company’s segments as these represent corporate level activities and are reflected below as unallocated corporate expenses. These costs primarily include senior executive salaries and benefits, stock compensation, director fees and accounting, legal fees and consulting fees.
 Year Ended December 31,
 202520242023
Segment Performance Measures:
 (in thousands) 
Net sales:
U.S.$591,244 $627,202 $633,079 
International56,689 55,750 53,604 
Total net sales$647,933 $682,952 $686,683 
Gross margin:
U.S.$220,780 $240,265 $236,568 
International19,915 20,438 18,071 
Total gross margin
$240,695 $260,703 $254,639 
(Loss) income from operations:
U.S.$10,851 $57,215 $63,341 
International
(9,256)(10,523)(11,064)
Unallocated corporate expenses
(11,031)(19,608)(20,336)
Total (loss) income from operations
$(9,436)$27,084 $31,941 
Year Ended December 31,
202520242023
Supplemental information for significant segment expenses:
(in thousands)
Cost of sales:
U.S.$370,464 $386,937 $396,511 
International36,774 35,312 35,533 
Total cost of sales$407,238 $422,249 $432,044 
Freight-out expenses:
U.S.$14,645 $13,487 $13,636 
International2,932 3,099 3,402 
Total freight-out expenses$17,577 $16,586 $17,038 
Warehouse expenses:
U.S.$44,569 $46,545 $42,148 
International11,978 10,679 10,008 
Total warehouse expenses$56,547 $57,224 $52,156 
Selling, general and administrative expenses:
U.S.$117,478 $123,018 $117,443 
International13,933 17,183 15,725 
Unallocated corporate expenses(1)
11,031 19,608 19,480 
Total selling, general and administrative expenses$142,442 $159,809 $152,648 
Goodwill impairment:
U.S.$33,237 $— $— 
Restructuring expenses:
International$328 $— $— 
Unallocated corporate expenses— — 856 
Total other expenses$328 $— $856 
(1)Unallocated corporate expenses for the year ended 2025 included a net legal settlement gain of $6.4 million. Details see NOTE 13 — COMMITMENTS AND CONTINGENCIES

December 31,
202520242023
(in thousands)
Depreciation and amortization:
U.S.$20,522 $21,144 $18,489 
International1,326 1,170 1,082 
Total depreciation and amortization$21,848 $22,314 $19,571 
Capital expenditures:
U.S.$4,229 $1,931 $2,427 
International125 296 374 
Total capital expenditures$4,354 $2,227 $2,801 
December 31,
20252024
(in thousands)
Assets:
U.S.$482,467 $542,420 
International84,249 88,961 
Unallocated corporate5,839 2,929 
Total assets$572,555 $634,310 
Geographical information
The following table sets forth long-lived assets by the major geographic locations:
December,
20252024
(in thousands)
Long-lived assets, excluding intangible assets, at period-end:
United States$44,170 $54,526 
United Kingdom20,452 21,187 
Rest of World1,118 1,502 
Total$65,740 $77,215