
	For the Three Months Ended March 31, 2026
	HNH			ANH			SP			Other and Unallocated			Total
Net sales	$	171,628		$	62,189		$	34,727		$	2,165		$	270,709
Cost of sales	105,772		(1)	47,200		(1)	14,264		(1)	2,389		(1)	169,625
Gross margin	65,856			14,989			20,463			(224)			101,084
Operating expenses	25,836		(2)	9,297		(3)	8,528		(4)	1,797		(5)	45,458
Earnings from operations	40,020			5,692			11,935			(2,021)			55,626
Other expenses:
Interest expense, net													2,213
Other expense, net													891
													3,104
Earnings before income tax expense													52,522
Income tax expense													12,237
Net earnings													$	40,285


(1) Cost of sales are primarily comprised of raw materials consumed in the manufacture of product, as well as manufacturing labor, depreciation expense, and other overhead expenses necessary to convert purchased materials and supplies into finished product. Cost of sales also includes inbound freight and duty costs, outbound freight costs for shipping products to customers, warehousing costs, quality control and obsolescence expense.

(2) Operating expenses within HNH are primarily comprised of compensation-related costs, professional services, including advertising and marketing costs, and amortization expense in connection with certain acquired intangible assets.

(3) Operating expenses within ANH are primarily comprised of compensation-related costs and professional services, including advertising and marketing costs.

(4) Operating expenses within SP are primarily comprised of compensation-related costs, professional services, and amortization expense in connection with certain acquired intangible assets.

(5) Operating expenses within Other and Unallocated are primarily comprised of compensation-related costs and transaction and integration costs.


	For the Three Months Ended March 31, 2025
	HNH			ANH			SP			Other and Unallocated			Total
Net sales	$	158,457		$	57,277		$	33,275		$	1,510		$	250,519
Cost of sales	99,383		(6)	44,917		(6)	15,986		(6)	2,065		(6)	162,351
Gross margin	59,074			12,360			17,289			(555)			88,168
Operating expenses	21,100		(7)	7,124		(8)	7,704		(9)	1,225		(10)	37,153
Earnings from operations	37,974			5,236			9,585			(1,780)			51,015
Other expenses:
Interest expense, net													2,924
Other expense, net													151
													3,075
Earnings before income tax expense													47,940
Income tax expense													10,887
Net earnings													$	37,053


(6) Cost of sales are primarily comprised of raw materials consumed in the manufacture of product, as well as manufacturing labor, depreciation expense, and other overhead expenses necessary to convert purchased materials and supplies into finished product. Cost of sales also includes inbound freight and duty costs, outbound freight costs for shipping products to customers, warehousing costs, quality control and obsolescence expense.

(7) Operating expenses within HNH are primarily comprised of compensation-related costs, professional services, including advertising and marketing costs, and amortization expense in connection with certain acquired intangible assets.

(8) Operating expenses within ANH are primarily comprised of compensation-related costs and professional services, including advertising and marketing costs.

(9) Operating expenses within SP are primarily comprised of compensation-related costs, professional services, and amortization expense in connection with certain acquired intangible assets.

(10) Operating expenses within Other and Unallocated are primarily comprised of compensation-related costs and transaction and integration costs.


Business Segment Assets	March 31, 2026		December 31, 2025
Human Nutrition and Health	$	1,250,779	$	1,243,522
Animal Nutrition and Health	181,036		176,608
Specialty Products	169,768		172,076
Other and Unallocated (11)	92,159		94,046
Total	$	1,693,742	$	1,686,252

(11) Other and Unallocated assets consist of certain cash, capitalized loan issuance costs, other assets, investments, and income taxes, which the Company does not allocate to its individual business segments. It also includes assets associated with a few minor businesses which individually do not meet the quantitative thresholds for separate presentation.