Noncontrolling interest represents the portion of the Company’s majority owned subsidiaries' net income (loss) and equity that is owned by noncontrolling shareholders. The following tables reflect the LLC’s ownership percentage of its majority owned operating segments and related noncontrolling interest balances as of June 30, 2026 and December 31, 2025:


	% Ownership (1) June 30, 2026		% Ownership (1) December 31, 2025
	Primary	Fully Diluted	Primary	Fully Diluted
5.11	97.0	88.6	97.8	87.6
BOA	91.4	83.2	91.4	82.8

PrimaLoft	90.7	84.8	90.7	84.7
The Honey Pot Co.	85.0	76.5	85.0	76.5
Velocity Outdoor	99.4	93.2	99.4	93.2
Altor	98.8	92.5	99.3	90.5
Arnold	98.0	82.0	98.0	82.8
Rimports (2)	93.3	93.3	98.4	92.2

(1) The principal difference between primary and diluted percentages of our operating segments is due to stock option issuances of subsidiary stock to management of the respective businesses.

(2) As of December 31, 2025, the Company owned approximately 98.4% of Sterno on a primary basis, inclusive of its indirect ownership interest in Rimports. In connection with the Rimports Distribution completed immediately prior to the sale of Sterno’s food service business, the Sterno stockholders, including holders of in-the-money Sterno equity awards, received their proportionate interests in Rimports. As a result, as of June 30, 2026, the Company continued to own approximately 93.3% of Rimports on a primary and fully diluted basis and consolidates Rimports in its condensed consolidated financial statements, with the remaining ownership interest reflected as noncontrolling interest. Following the May 1, 2026 sale, the Company no longer owns an equity interest in Sterno’s food service business.


	Noncontrolling Interest Balances
(in thousands)	June 30, 2026		December 31, 2025
5.11	$	12,243	$	14,605
BOA	27,653		23,330

PrimaLoft	32,987		33,599
The Honey Pot Co.	45,499		43,417
Velocity Outdoor	6,894		6,917
Altor	6,535		7,067
Arnold	1,655		1,592
Rimports (1)	1,044		1,012
Allocation Interests	100		100
	$	134,610	$	131,639