v3.25.2
Note 16 - Segment Information - Summary of Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Net sales $ 116,634 $ 93,225 $ 223,070 $ 176,289  
Cost of sales 50,011 42,827 96,837 77,537  
Gross profit 66,623 50,398 126,233 98,752  
Operating income (loss) 26,327 22,872 49,516 42,142  
Interest expense, net 5,140 3,042 9,554 6,521  
Investment (gain) loss (17) 2,439 (308) 2,320  
Loss on extinguishment of debt 0 0 1,235 0  
Income from continuing operations before income taxes 21,204 17,391 39,035 33,301  
Assets 595,788   595,788   $ 493,353
Total assets held for sale 0   0   15,329
Operating Segments [Member]          
Net sales 116,634 93,225 223,070 176,289  
Cost of sales 50,011 42,827 96,837 77,537  
Gross profit 66,623 50,398 126,233 98,752  
Other segment items [1] 21,803 14,276 40,349 29,235  
Operating income (loss) 44,820 36,122 85,884 69,517  
Capital expenditures 3,991 2,491 6,176 2,858  
Depreciation and amortization 1,890 1,270 3,505 2,353  
Operating Segments [Member] | Zig Zag Products [Member]          
Net sales 47,018 50,482 94,283 97,178  
Cost of sales 23,919 23,609 45,618 42,767  
Gross profit 23,099 26,873 48,665 54,411  
Other segment items [1] 8,358 8,613 16,993 18,152  
Operating income (loss) 14,741 18,260 31,672 36,259  
Capital expenditures 3 2,022 20 2,188  
Depreciation and amortization 232 341 555 545  
Assets 223,534   223,534   224,052
Operating Segments [Member] | Stokers Products [Member]          
Net sales 69,616 42,743 128,787 79,111  
Cost of sales 26,092 19,218 51,219 34,770  
Gross profit 43,524 23,525 77,568 44,341  
Other segment items [1] 13,445 5,663 23,356 11,083  
Operating income (loss) 30,079 17,862 54,212 33,258  
Capital expenditures 3,988 469 6,156 670  
Depreciation and amortization 1,658 929 2,950 1,808  
Assets 259,361   259,361   197,038
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]          
Operating income (loss) [2],[3] (18,493) $ (13,250) (36,368) $ (27,375)  
Assets [4] $ 112,893   $ 112,893   $ 56,934
[1] Includes primarily selling and marketing costs.
[2] Includes corporate costs that are not allocated to any of the two reportable segments.
[3] Includes costs related to PMTA of $1.6 million and $1.0 million for the three months ended June 30, 2025 and 2024, respectively, and $3.2 million and $1.8 million for the six months ended June 30, 2025 and 2024, respectively.
[4] Includes assets not assigned to the two reportable segments. All goodwill has been allocated to the reportable segments.