Segment Reporting (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Segment Reporting [Abstract] |
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| Schedule of Segment Reporting Information by Segment |
Information about the Company’s operations by operating segment as of and for the three and nine months ended September 30, 2026 and 2025 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Net sales | $ | 243,825 | | | $ | 182,313 | | | $ | 639,744 | | | $ | 481,993 | | | Americas | 198,557 | | | 151,724 | | | 519,188 | | | 406,285 | | | International | 45,268 | | | 30,589 | | | 120,556 | | | 75,708 | | Cost of goods sold | $ | 151,148 | | | $ | 113,645 | | | $ | 369,942 | | | $ | 303,975 | | | Americas | 122,824 | | | 93,859 | | | $ | 293,240 | | | $ | 255,062 | | | International | 28,324 | | | 19,786 | | | $ | 76,702 | | | $ | 48,913 | | | Gross profit | $ | 92,677 | | | $ | 68,668 | | | $ | 269,802 | | | $ | 178,018 | | | Americas | 75,732 | | | 57,866 | | | 225,948 | | | 151,224 | | | International | 16,945 | | | 10,802 | | | 43,854 | | | 26,794 | |
| | | | | | | | | | | | | As of September 30, | | As of December 31, | | 2026 | | 2025 | | Total segment assets | $ | 696,142 | | | $ | 461,318 | | | Americas | 479,805 | | | 302,185 | | | International | 216,337 | | | 159,133 | |
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| Reconciliation of Gross Profit to Income (Loss) Before Income Taxes |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | Reconciliation: | 2026 | | 2025 | | 2026 | | 2025 | | Total gross profit | $ | 92,677 | | | $ | 68,668 | | | $ | 269,802 | | | $ | 178,018 | | | Less: | | | | | | | | | Selling, general, and administrative expenses | 47,226 | | | 40,745 | | | 127,629 | | | 105,680 | | Income from operations | $ | 45,451 | | | $ | 27,923 | | | $ | 142,173 | | | $ | 72,338 | | | Less: | | | | | | | | | Unrealized (loss) gain on derivative instruments | (2,083) | | | 2,391 | | | 511 | | | 6,275 | | | Foreign currency loss | (887) | | | (1,411) | | | (2,432) | | | (349) | | | Interest income, net | 1,231 | | | 1,776 | | | 5,252 | | | 4,794 | | | | | | | | | | | Other (expense) income, net | (84) | | | — | | | (77) | | | 155 | | | Income before income taxes | $ | 43,628 | | | $ | 30,679 | | | $ | 145,427 | | | $ | 83,213 | |
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| Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue |
The following table provides information related to the Company’s net sales by country, which is presented on the basis of the location that revenue from customers is recorded: | | | | | | | | | | | | | | | | | Nine Months Ended September 30, | | | 2026 | | 2025 | | United States | | $ | 492,636 | | | $ | 377,382 | | United Kingdom | | 72,021 | | | 50,851 | | All other countries(1) | | 75,087 | | | 53,760 | | | Net sales | | $ | 639,744 | | | $ | 481,993 | |
__________ | | | | | | | (1) | No individual country is greater than 10% of total net sales for the nine months ended September 30, 2026 and 2025. |
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| Long-lived Assets by Geographic Areas |
The following table provides information related to the Company’s property and equipment, net by country: | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | Thailand | $ | 15,838 | | | $ | — | | United States | 6,050 | | | $ | 6,419 | | Singapore | 1,929 | | | 2,224 | | United Kingdom | 624 | | | 655 | | | | | | Property and equipment, net | $ | 24,441 | | | $ | 9,298 | |
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