v3.26.1
Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Summary of Reconciliation of Change in Carrying Value of Goodwill summary of the net carrying amount of goodwill at June 30, 2026 and December 31, 2025, (in thousands):
June 30, 2026December 31, 2025
Goodwill - gross carrying amount$1,006,729 $1,050,748 
Accumulated impairment losses (1)
(175,827)(155,327)
Goodwill - net carrying amount$830,902 $895,421 
(1) Comprised of accumulated goodwill impairment expense of $72.7 million at Velocity, $24.9 million at Arnold and $78.3 million at PrimaLoft.
The following is a reconciliation of the change in the carrying value of goodwill for the six months ended June 30, 2026 by operating segment (in thousands):
Balance at January 1, 2026Goodwill ImpairmentOther Balance at June 30, 2026
5.11$92,966 $— $— $92,966 
BOA254,153 — — 254,153 
PrimaLoft232,536 (20,500)— 212,036 
The Honey Pot Co.107,039 — — 107,039 
Velocity Outdoor— — — — 
Altor114,124 — — 114,124 
Arnold 39,267 — — 39,267 
Rimports (1)
55,336 — (44,019)11,317 
Total$895,421 $(20,500)$(44,019)$830,902 
(1) The Sterno food service product division was sold on May 1, 2026. The balance at June 30, 2026 represents the goodwill balance of the Rimports product division that remains after the sale of Sterno.
Summary of Other Intangible Assets
Other intangible assets are comprised of the following at June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026December 31, 2025
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships$710,654 $(327,624)$383,030 $772,137 $(362,737)$409,400 
Technology and patents201,756 (100,188)101,568 201,049 (92,853)108,196 
Trade names, subject to amortization454,298 (122,094)332,204 453,512 (109,665)343,847 
Non-compete agreements1,588 (1,580)8 1,588 (1,530)58 
Other contractual intangible assets90 (90)— 210 (210)— 
Total1,368,386 (551,576)816,810 1,428,496 (566,995)861,501 
Trade names, not subject to amortization (1)
— — — 30,810 — 30,810 
In-process research and development (2)
500 — 500 500 — 500 
Total intangibles, net$1,368,886 $(551,576)$817,310 $1,459,806 $(566,995)$892,811 
Summary of Estimated Charges to Amortization Expense of Intangible Assets
Estimated charges to amortization expense of intangible assets for the remainder of 2026 and the next four years, are as follows (in thousands):
20262027202820292030
$45,129 $81,600 $79,499 $79,377 $79,217