Compass Diversified (CODI) 10-Q 30 Apr 20 2020 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2020	Apr. 28, 2020
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2020
Entity Registrant Name	COMPASS DIVERSIFIED HOLDINGS
Document Transition Report	false
Entity Incorporation, State or Country Code	DE
Entity File Number	001-34927
Entity Tax Identification Number	57-6218917
Entity Address, Address Line One	301 Riverside Avenue
Entity Address, Address Line Two	Second Floor
Entity Address, City or Town	Westport
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06880
City Area Code	203
Local Phone Number	221-1703
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		59,900,000
Entity Central Index Key	0001345126
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q1
Amendment Flag	false
Shares representing beneficial interests in Compass Diversified Holdings
Document Information [Line Items]
Title of 12(b) Security	Shares representing beneficial interests in Compass Diversified Holdings
Trading Symbol	CODI
Security Exchange Name	NYSE
Series A Preferred Shares representing Series A Trust Preferred Interest in Compass Diversified Holdings
Document Information [Line Items]
Title of 12(b) Security	Series A Preferred Shares representing Series A Trust Preferred Interest in Compass Diversified Holdings
Trading Symbol	CODI PR A
Security Exchange Name	NYSE
Series B Preferred Shares representing Series B Trust Preferred Interest in Compass Diversified Holdings
Document Information [Line Items]
Title of 12(b) Security	Series B Preferred Shares representing Series B Trust Preferred Interest in Compass Diversified Holdings
Trading Symbol	CODI PR B
Security Exchange Name	NYSE
Series C Preferred Shares Representing Series C Trust Preferred Interest In Compass Diversified Holdings [Member] [Domain]
Document Information [Line Items]
Title of 12(b) Security	Series C Preferred Shares representing Series C Trust Preferred Interest in Compass Diversified Holdings
Trading Symbol	CODI PR C
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 291,013	$ 100,314
Accounts receivable, net	184,103	191,405
Inventories	305,636	317,306
Prepaid expenses and other current assets	33,711	35,247
Total current assets	814,463	644,272
Property, plant and equipment, net	143,799	146,428
Goodwill	438,519	438,519
Intangible assets, net	548,730	561,946
Other non-current assets	99,986	100,727
Total assets	2,045,497	1,891,892
Current liabilities:
Accounts payable	63,069	70,089
Accrued expenses	102,743	108,768
Due to related party	7,973	8,049
Other current liabilities	21,795	22,573
Total current liabilities	195,580	209,479
Deferred Income Tax Liabilities, Net	31,726	33,039
Long-term debt	594,664	394,445
Other non-current liabilities	88,444	89,054
Total liabilities	910,414	726,017
Stockholders’ equity
Trust common shares, no par value, 500,000 authorized; 59,900 shares issued and outstanding at March 31, 2020 and December 31, 2019	924,680	924,680
Accumulated other comprehensive loss	(5,457)	(3,933)
Accumulated deficit	(141,866)	(109,338)
Total stockholders’ equity attributable to Holdings	1,081,275	1,115,327
Noncontrolling interest	53,808	50,548
Total stockholders’ equity	1,135,083	1,165,875
Total liabilities and stockholders’ equity	2,045,497	$ 1,891,892
Present value of lease liabilities	$ 95,579
Series A Preferred Stock
Preferred Stock, No Par Value
Current liabilities:
Preferred Stock, Value, Issued	$ 96,417	$ 96,417
Stockholders’ equity
Preferred Stock, Shares Issued	4,000,000	4,000,000
Preferred Stock, Shares Outstanding	4,000,000	4,000,000
Series B Preferred Stock [Member]
Preferred Stock, No Par Value
Current liabilities:
Preferred Stock, Value, Issued	$ 96,504	$ 96,504
Stockholders’ equity
Preferred Stock, Shares Issued	4,000,000	4,000,000
Preferred Stock, Shares Outstanding	4,000,000	4,000,000
Series C Preferred Stock [Member]
Preferred Stock, No Par Value
Current liabilities:
Preferred Stock, Value, Issued	$ 110,997	$ 110,997
Stockholders’ equity
Preferred Stock, Shares Issued	4,600,000	4,600,000
Preferred Stock, Shares Outstanding	4,600,000	4,600,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Class of Stock [Line Items]
Trust shares, par value (in dollars per share)
Trust shares, authorized (shares)	500,000,000	500,000,000
Trust shares, issued (shares)	59,900,000	59,900,000
Trust shares, outstanding (shares)	59,900,000	59,900,000
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Accounts Receivable, Allowance for Credit Loss	$ 14,107	$ 14,800
Accumulated Amortization, Debt Issuance Costs, Noncurrent	$ 3,724	$ 3,754
Series A Preferred Stock
Class of Stock [Line Items]
Preferred Stock, No Par Value
Preferred Stock, Shares Issued	4,000,000	4,000,000
Preferred Stock, Shares Outstanding	4,000,000	4,000,000
Series B Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, No Par Value
Preferred Stock, Shares Issued	4,000,000	4,000,000
Preferred Stock, Shares Outstanding	4,000,000	4,000,000
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, No Par Value
Preferred Stock, Shares Issued	4,600,000	4,600,000
Preferred Stock, Shares Outstanding	4,600,000	4,600,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Proceeds from sale of business	$ 0	$ 124,210
Net revenues	333,449	338,857
Cost of revenues	213,961	219,302
Gross profit	119,488	119,555
Operating expenses:
Selling, general and administrative expense	83,800	81,397
Management fees	8,620	10,957
Amortization expense	13,505	13,590
Operating income	13,563	13,611
Other income (expense):
Interest expense, net	(8,597)	(18,454)
Debt and Equity Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment	0	(5,300)
Amortization of debt issuance costs	(525)	(927)
Other income (expense), net	661	(434)
Income (loss) from continuing operations before income taxes	5,102	(11,504)
Provision for income taxes	222	1,424
Income (loss) from continuing operations	4,880	(12,928)
Income from discontinued operations, net of income tax	0	1,427
Gain on sale of discontinued operations	0	121,659
Net income	4,880	110,158
Less: Net income from continuing operations attributable to noncontrolling interest	(1,215)	(1,368)
Less: Net loss from discontinued operations attributable to noncontrolling interest	0	(518)
Net income attributable to Holdings	3,665	109,308
Amounts attributable to Holdings
Income (loss) from continuing operations	3,665	(14,296)
Income from discontinued operations, net of income tax	0	1,945
Gain on sale of discontinued operations, net of income tax	$ 0	$ 121,659
Basic income (loss) per common share attributable to Holdings (refer to Note I)
Basic and fully diluted income (loss) per share attributable to Holdings, continuing operations (usd per share)	$ (0.26)	$ (0.34)
Basic and fully diluted income (loss) per share attributable to Holdings, discontinued operations (usd per share)	0	2.06
Basic and fully diluted income (loss) per share attributable to Holdings, total (usd per share)	$ (0.26)	$ 1.72
Weighted average number of shares of trust stock outstanding – basic and fully diluted (in shares)	59,900	59,900
Cash distributions declared per share (refer to Note J) (usd per share)	$ 0.36	$ 0.36
Velocity
Net revenues	$ 30,390	$ 31,137

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Net income	$ 4,880	$ 110,158
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(2,118)	577
Cost of revenues	213,961	219,302
Other comprehensive income (loss)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax	0	4,791
Pension benefit liability, net	594	(109)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(1,524)	5,259
Total comprehensive income attributable to Holdings, net of tax	3,356	115,417
Less: Net income attributable to noncontrolling interests	1,215	850
Less: Other comprehensive income (loss) attributable to noncontrolling interests	(17)	2
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 2,158	$ 114,565

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders' Equity - USD ($) $ in Thousands	Total	Trust Common Shares	Accumulated Deficit	Accumulated Other Comprehensive Loss	Stockholders' Equity Attributable to Holdings	Non- Controlling Interest	Non Controlling Interest Of Discontinued Operations [Member]	Liberty	Manitoba Harvest	Manitoba HarvestNon Controlling Interest Of Discontinued Operations [Member]	Series ATrust Preferred Shares	Trust Preferred Shares	Trust Preferred SharesAccumulated Deficit	Trust Preferred SharesStockholders' Equity Attributable to Holdings	Series BTrust Preferred Shares	Series C Preferred Stock [Member]	Series C Preferred Stock [Member]Trust Preferred Shares	Trust Common Shares	Trust Common SharesAccumulated Deficit	Trust Common SharesStockholders' Equity Attributable to Holdings
Noncontrolling interest						$ 39,922
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							$ 20,048
Beginning balance at Dec. 31, 2018	$ 919,342	$ 924,680	$ (249,453)	$ (8,776)	$ 859,372						$ 96,417				$ 96,504		$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	110,158		109,308		109,308	1,368
Less: Net loss from discontinued operations attributable to noncontrolling interest	(518)						(518)
Total comprehensive loss, net	5,259			5,259	5,259
Option activity attributable to noncontrolling shareholders	2,205					1,728	477
Noncontrolling Interest, Increase from Sale of Parent Equity Interest	(39)					(39)
Noncontrolling Interest, Decrease from Deconsolidation									$ (10,799)	$ (10,799)
Distribution Expense, Allocation Interests	0
Distributions paid												$ (3,781)	$ (3,781)	$ (3,781)				$ (21,564)	$ (21,564)	$ (21,564)
Ending balance at Mar. 31, 2019	1,000,781	924,680	(165,490)	(3,517)	948,594						96,417				96,504		0
Noncontrolling interest						42,979
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							9,208
Noncontrolling interest	50,548					50,548		$ 2,936
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of Trust preferred shares, net of offering costs																$ 110,997
Beginning balance at Dec. 31, 2019	1,165,875	924,680	(109,338)	(3,933)	1,115,327						96,417				96,504		110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	4,880		3,665		3,665	1,215
Less: Net loss from discontinued operations attributable to noncontrolling interest	0
Total comprehensive loss, net	(1,524)			(1,524)	(1,524)
Option activity attributable to noncontrolling shareholders	2,055					2,055
Effect of subsidiary stock option exercise	73					73
Purchase of noncontrolling interest	(83)					(83)
Distribution Expense, Allocation Interests	(9,087)		(9,087)		(9,087)
Distributions paid												$ (5,542)	$ (5,542)	$ (5,542)				$ (21,564)	$ (21,564)	$ (21,564)
Ending balance at Mar. 31, 2020	1,135,083	$ 924,680	$ (141,866)	$ (5,457)	$ 1,081,275						$ 96,417				$ 96,504		$ 110,997
Noncontrolling interest	$ 53,808					$ 53,808		$ 3,085
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of Trust preferred shares, net of offering costs																$ 110,997

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($)		3 Months Ended		12 Months Ended
		Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Cash flows from operating activities:
Net income		$ 4,880,000	$ 110,158,000
Income from discontinued operations, net of income tax		0	1,427,000
Gain on sale of discontinued operations		0	121,659,000
Income (loss) from continuing operations		4,880,000	(12,928,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation expense		8,301,000	7,996,000
Amortization expense		13,505,000	13,590,000
Amortization of debt issuance costs and original issue discount		525,000	1,079,000
Unrealized loss on interest rate swap		0	1,099,000
Noncontrolling stockholder stock based compensation		2,055,000	1,728,000
Provision for loss on receivables		883,000	791,000
Deferred taxes		(2,692,000)	(2,031,000)
Other		(515,000)	256,000
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable		6,695,000	(801,000)
Inventories		11,773,000	(6,624,000)
Other current and non-current assets		(999,000)	(1,370,000)
Accounts payable and accrued expenses		(10,425,000)	(10,145,000)
Cash provided by (used in) operating activities - continuing operations		33,986,000	(7,360,000)
Cash used in operating activities - discontinued operations		0	(1,576,000)
Cash provided by (used in) operating activities		33,986,000	(8,936,000)
Cash flows from investing activities:
Purchases of property and equipment		(6,603,000)	(5,426,000)
Payment of interest rate swap		0	(94,000)
Proceeds from sale of businesses		0	124,210,000
Other investing activities		(43,000)	1,802,000
Cash (used in) provided by investing activities - continuing operations		(6,646,000)	120,492,000
Cash provided by investing activities - discontinued operations		0	48,452,000
Cash (used in) provided by investing activities		(6,646,000)	168,944,000
Cash flows from financing activities:
Borrowings under credit facility		200,000,000	49,000,000
Repayments under credit facility		0	(193,250,000)
Distributions paid - common shares		(21,564,000)	(21,564,000)
Distributions paid - preferred shares		(5,542,000)	(3,781,000)
Distributions paid - allocation interests		(9,087,000)	0
Net proceeds provided by noncontrolling shareholders		73,000	0
Purchase of noncontrolling interest		(83,000)	(39,000)
Other		588,000	(2,814,000)
Net cash provided (used in) by financing activities		164,385,000	(172,448,000)
Foreign currency impact on cash		(1,026,000)	(1,049,000)
Net increase (decrease) in cash and cash equivalents		190,699,000	(13,489,000)
Cash and cash equivalents — beginning of period (1)	[1]	100,314,000	53,326,000	$ 53,326,000
Cash and cash equivalents — end of period		$ 291,013,000	$ 39,837,000	100,314,000	[1]
Disposal Group, Including Discontinued Operation, Cash				$ 4,600,000
[1]	(1) Includes cash from discontinued operations of $4.6 million at January 1, 2019.

Presentation and Principles of

Presentation and Principles of Consolidation	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Presentation and Principles of Consolidation	Presentation and Principles of Consolidation Compass Diversified Holdings, a Delaware statutory trust (the "Trust" or "Holdings") and Compass Group Diversified Holdings LLC, a Delaware limited liability company (the "Company"), were formed to acquire and manage a group of small and middle-market businesses headquartered in North America. In accordance with the second amended and restated Trust Agreement, dated as of December 6, 2016 (as amended and restated, the "Trust Agreement"), the Trust is sole owner of 100% of the Trust Interests (as defined in the Company’s fifth amended and restated operating agreement, dated as of December 6, 2016 (as amended and restated, the "LLC Agreement")) of the Company and, pursuant to the LLC Agreement, the Company has, outstanding, the identical number of Trust Interests as the number of outstanding shares of the Trust. The Company is the operating entity with a board of directors and other corporate governance responsibilities, similar to that of a Delaware corporation. The Company is a controlling owner of eight businesses, or reportable operating segments, at March 31, 2020 . The segments are as follows: 5.11 Acquisition Corp. ("5.11"), Velocity Outdoor, Inc. (formerly Crosman Corp.) ("Velocity Outdoor" or "Velocity"), The Ergo Baby Carrier, Inc. ("Ergobaby"), Liberty Safe and Security Products, Inc. ("Liberty Safe" or "Liberty"), Compass AC Holdings, Inc. ("ACI" or "Advanced Circuits"), AMT Acquisition Corporation ("Arnold"), FFI Compass, Inc. ("Foam Fabricators" or "Foam") and The Sterno Group, LLC ("Sterno"). Refer to Note D - "Operating Segment Data" for further discussion of the operating segments. Compass Group Management LLC, a Delaware limited liability company ("CGM" or the "Manager"), manages the day to day operations of the Company and oversees the management and operations of our businesses pursuant to a Management Services Agreement ("MSA"). Basis of Presentation The condensed consolidated financial statements for the three month periods ended March 31, 2020 and March 31, 2019 are unaudited, and in the opinion of management, contain all adjustments necessary for a fair presentation of the condensed consolidated financial statements. Such adjustments consist solely of normal recurring items. Interim results are not necessarily indicative of results for a full year or any subsequent interim period. The condensed consolidated financial statements and notes are prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP" or "GAAP") and presented as permitted by Form 10-Q and do not contain certain information included in the annual consolidated financial statements and accompanying notes of the Company. These interim condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 . Consolidation The condensed consolidated financial statements include the accounts of Holdings and all majority owned subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. Discontinued Operations During the first quarter of 2019, the Company completed the sale of FHF Holdings Ltd. ("Manitoba Harvest"), the parent company of Fresh Hemp Foods Ltd. Additionally, during the second quarter of 2019, the Company completed the sale of CEHI Acquisition Corp. ("Clean Earth"), the parent company of Clean Earth Holdings, Inc. and Clean Earth Inc. The results of operations of Manitoba Harvest and Clean Earth are reported as discontinued operations in the condensed consolidated statements of operations for the three months ended March 31, 2019. Refer to Note B - "Discontinued Operations" for additional information. Unless otherwise indicated, the disclosures accompanying the condensed consolidated financial statements reflect the Company's continuing operations. Seasonality Earnings of certain of our operating segments are seasonal in nature due to various recurring events, holidays and seasonal weather patterns, as well as the timing of our acquisitions during a given year. Historically, the third and fourth quarter produce the highest net sales during our fiscal year. Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU No. 2016-13, Financial Instruments—Credit Losses, which requires companies to present assets held at amortized cost and available for sale debt securities net of the amount expected to be collected. The guidance requires the measurement of expected credit losses to be based on relevant information from past events, including historical experiences, current conditions and reasonable and supportable forecasts that affect collectibility. The guidance was effective for fiscal years and interim periods beginning after December 15, 2019, with early adoption permitted. The adoption of this guidance on January 1, 2020 did not have a material impact on our consolidated financial statements. Recently Issued Accounting Pronouncements

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2020
Manitoba Harvest
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Note B — Discontinued Operations Sale of Clean Earth On May 8, 2019, the Company, as majority stockholder of CEHI Acquisition Corporation ("Clean Earth" or “CEHI”) and as Sellers’ Representative, entered into a definitive Stock Purchase Agreement (the “Purchase Agreement”) with Calrissian Holdings, LLC (“Buyer”), CEHI, the other holders of stock and options of CEHI and, as Buyer’s guarantor, Harsco Corporation, pursuant to which Buyer would acquire all of the issued and outstanding securities of CEHI, the parent company of the operating entity, Clean Earth, Inc. On June 28, 2019, Buyer completed the acquisition of all of the issued and outstanding securities of CEHI pursuant to the Purchase Agreement. The sale price for Clean Earth was based on an aggregate total enterprise value of $625 million and is subject to customary working capital adjustments. After the allocation of the sale proceeds to Clean Earth non-controlling equity holders, the repayment of intercompany loans to the Company (including accrued interest) of $224.6 million , and the payment of transaction expenses of approximately $10.7 million , the Company received approximately $327.3 million of total proceeds at closing related to our equity interests in Clean Earth. The Company recognized a gain on the sale of Clean Earth of $209.3 million during the year ended December 31, 2019. Summarized results of operations of Clean Earth for the three months ended March 31, 2019 are as follows (in thousands): Three months ended Net sales $ 63,632 Gross profit 16,633 Operating income 1,256 Income from continuing operations before income taxes 991 Benefit for income taxes (1,022 ) Income from discontinued operations (1) $ 2,013 (1) The results of operations for the three months ended March 31, 2019 , excludes $4.7 million of intercompany interest expense. Sale of Manitoba Harvest On February 19, 2019, the Company entered into a definitive agreement with Tilray, Inc. ("Tilray") and a wholly-owned subsidiary of Tilray, 1197879 B.C. Ltd. (“Tilray Subco”), to sell to Tilray, through Tilray Subco, all of the issued and outstanding securities of our majority owned subsidiary, Manitoba Harvest, for total consideration of up to C$419 million . The completion of the sale of Manitoba Harvest was subject to approval by the British Columbia Supreme Court, which occurred on February 21, 2019. The sale closed on February 28, 2019. Subject to certain customary adjustments, the shareholders of Manitoba Harvest, including the Company, received the following from Tilray as consideration for their shares of Manitoba Harvest: (i) C$150 million in cash to the holders of preferred shares of Manitoba Harvest and the holders of common shares of Manitoba Harvest (“Common Holders”) and C$127.5 million in shares of class 2 Common Stock of Tilray (“Tilray Common Stock”) to the Common Holders on the closing date of the sale (the “Closing Date Consideration”), and (ii) C$50 million in cash and C$42.5 million in Tilray Common Stock to the Common Holders on the date that was six months after the closing date of the arrangement (the “Deferred Consideration”). The sale consideration also included a potential earnout of up to C$49 million in Tilray Common Stock to the Common Holders, if Manitoba Harvest achieved certain levels of U.S. branded gross sales of edible or topical products containing broad spectrum hemp extracts or cannabidiols prior to December 31, 2019. The threshold for the earnout was not achieved and no additional amount was recorded related to sale of Manitoba Harvest at December 31, 2019. The cash portion of the Closing Date Consideration was reduced by the amount of the net indebtedness (including accrued interest) of Manitoba Harvest on the closing date of C$71.3 million ( $53.7 million ) and transaction expenses of approximately C$5.0 million . The Company's share of the net proceeds after accounting for the redemption of the noncontrolling shareholders and the payment of net indebtedness of Manitoba Harvest and transaction expenses was approximately $124.2 million in cash proceeds and in Tilray Common Stock. The Company recognized a gain on the sale of Manitoba Harvest of $121.7 million in the first quarter of 2019. In August 2019, the Company received the Deferred Consideration related to the sale. The Company's portion of the Deferred Consideration totaled $28.4 million in cash proceeds and $19.6 million in Tilray Common Stock. The Tilray Common Stock consideration was issued in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act") and pursuant to exemptions from applicable securities laws of any state of the United States, such that any shares of Tilray Common Stock received by the Common Holders were freely tradeable. The Company sold the Tilray Common Stock received as part of the Closing Consideration during March 2019, recognizing a net loss of $5.3 million in Other income/ (expense) during the quarter ended March 31, 2019. In August 2019, the Company sold the Tilray Common Stock received as part of the Deferred Consideration, recognizing a loss of $4.9 million in Other income/ (expense) during the quarter ended September 30, 2019. Summarized results of operations of Manitoba Harvest for the period from January 1, 2019 through the date of disposition are as follows (in thousands): For the period January 1, 2019 through disposition Net revenues $ 10,024 Gross profit 4,874 Operating loss (1,118 ) Loss before income taxes (1,127 ) Benefit for income taxes (541 ) Income (loss) from discontinued operations (1) $ (586 ) (1) The results of operations for the period from January 1, 2019 through the date of disposition excludes $1.0 million of intercompany interest expense.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Revenue	The following tables provide disaggregation of revenue by reportable segment geography for the three months ended March 31, 2020 and 2019 (in thousands): Three months ended March 31, 2020 5.11 Ergo Liberty Velocity ACI Arnold Foam Sterno Total United States $ 72,427 $ 6,258 $ 24,657 $ 25,879 $ 21,696 $ 18,563 $ 23,587 $ 80,016 $ 273,083 Canada 1,474 700 303 1,920 — 156 — 2,927 7,480 Europe 6,307 5,787 — 1,698 — 8,328 — 58 22,178 Asia Pacific 3,511 5,903 — 246 — 1,395 — 28 11,083 Other international 12,062 1,001 — 647 — 1,116 4,796 3 19,625 $ 95,781 $ 19,649 $ 24,960 $ 30,390 $ 21,696 $ 29,558 $ 28,383 $ 83,032 $ 333,449 Three months ended March 31, 2019 5.11 Ergo Liberty Velocity ACI Arnold Foam Sterno Total United States $ 70,477 $ 7,335 $ 21,736 $ 26,164 $ 23,069 $ 17,916 $ 26,137 $ 85,134 $ 277,968 Canada 1,664 819 468 1,477 — 179 — 5,032 9,639 Europe 7,282 6,531 — 2,201 — 9,770 — 683 26,467 Asia Pacific 3,414 7,306 — 229 — 1,260 — 290 12,499 Other international 5,252 461 — 1,066 — 903 4,545 57 12,284 $ 88,089 $ 22,452 $ 22,204 $ 31,137 $ 23,069 $ 30,028 $ 30,682 $ 91,196 $ 338,857

Operating Segment Data

Operating Segment Data	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Operating Segment Data	Operating Segment Data At March 31, 2020 , the Company had eight reportable operating segments. Each operating segment represents a platform acquisition. The Company’s operating segments are strategic business units that offer different products and services. They are managed separately because each business requires different technology and marketing strategies. A description of each of the reportable segments and the types of products and services from which each segment derives its revenues is as follows: • 5.11 is a leading provider of purpose-built technical apparel and gear for law enforcement, firefighters, EMS, and military special operations as well as outdoor and adventure enthusiasts. 5.11 is a brand known for innovation and authenticity, and works directly with end users to create purpose-built apparel and gear designed to enhance the safety, accuracy, speed and performance of tactical professionals and enthusiasts worldwide. Headquartered in Irvine, California, 5.11 operates sales offices and distribution centers globally, and 5.11 products are widely distributed in uniform stores, military exchanges, outdoor retail stores, its own retail stores and on 511tactical.com. • Ergobaby is a designer, marketer and distributor of wearable baby carriers and accessories, blankets and swaddlers, nursing pillows, strollers and related products. Ergobaby primarily sells its Ergobaby and Baby Tula branded products through brick-and-mortar retailers, national chain stores, online retailers, its own websites and distributors and derives more than 50% of its sales from outside of the United States. Ergobaby is headquartered in Los Angeles, California. • Liberty Safe is a designer, manufacturer and marketer of premium home, gun and office safes in North America. From its over 300,000 square foot manufacturing facility, Liberty produces a wide range of home and gun safe models in a broad assortment of sizes, features and styles. Liberty is headquartered in Payson, Utah. • Velocity Outdoor is a leading designer, manufacturer, and marketer of airguns, archery products, laser aiming devices and related accessories. Velocity Outdoor offers its products under the highly recognizable Crosman, Benjamin, Ravin, LaserMax and CenterPoint brands that are available through national retail chains, mass merchants, dealer and distributor networks. Velocity Outdoor is headquartered in Bloomfield, New York. • Advanced Circuits is an electronic components manufacturing company that provides small-run, quick-turn and volume production rigid printed circuit boards. ACI manufactures and delivers custom printed circuit boards to customers primarily in North America. ACI is headquartered in Aurora, Colorado. • Arnold is a global manufacturer of engineered magnetic solutions for a wide range of specialty applications and end-markets, including aerospace and defense, general industrial, motorsport/automotive, oil and gas, medical, energy, reprographics and advertising specialties. Arnold produces high performance permanent magnets (PMAG), precision foil products (Precision Thin Metals or "PTM"), and flexible magnets (Flexmag™) that are mission critical in motors, generators, sensors and other systems and components. Based on its long-term relationships, Arnold has built a diverse and blue-chip customer base totaling more than 2,000 clients worldwide. Arnold is headquartered in Rochester, New York. • Foam Fabricators is a designer and manufacturer of custom molded protective foam solutions and original equipment manufacturer components made from expanded polystyrene and expanded polypropylene. Foam Fabricators provides products to a variety of end markets, including appliances and electronics, pharmaceuticals, health and wellness, automotive, building and other products. Foam Fabricators is headquartered in Scottsdale, Arizona and operates 13 molding and fabricating facilities across North America. • Sterno is a manufacturer and marketer of portable food warming fuel and creative table lighting solutions for the food service industry and flameless candles, outdoor lighting products, scented wax cubes and warmer products for consumers. Sterno's products include wick and gel chafing fuels, butane stoves and accessories, liquid and traditional wax candles, scented wax cubes and warmer products used for home decor and fragrance systems, catering equipment and outdoor lighting products. Sterno is headquartered in Corona, California. The tabular information that follows shows data for each of the operating segments reconciled to amounts reflected in the consolidated financial statements. The results of operations of each of the operating segments are included in consolidated operating results as of their date of acquisition. There were no significant inter-segment transactions. Summary of Operating Segments Net Revenues Three months ended March 31, (in thousands) 2020 2019 5.11 $ 95,781 $ 88,089 Ergobaby 19,649 22,452 Liberty 24,960 22,204 Velocity Outdoor 30,390 31,137 ACI 21,696 23,069 Arnold 29,558 30,028 Foam Fabricators 28,383 30,682 Sterno 83,032 91,196 Total segment revenue 333,449 338,857 Corporate and other — — Total consolidated revenues $ 333,449 $ 338,857 Segment profit (loss) (1) Three months ended March 31, (in thousands) 2020 2019 5.11 $ 4,586 $ 2,338 Ergobaby 1,554 3,136 Liberty 3,145 1,415 Velocity Outdoor (1,164 ) 341 ACI 5,738 6,481 Arnold 1,653 1,477 Foam Fabricators 3,512 3,506 Sterno 5,269 7,982 Total 24,293 26,676 Reconciliation of segment profit (loss) to consolidated income (loss) before income taxes: Interest expense, net (8,597 ) (18,454 ) Other income (expense), net 661 (434 ) Corporate and other (2) (11,255 ) (19,292 ) Total consolidated income (loss) before income taxes $ 5,102 $ (11,504 ) (1) Segment profit (loss) represents operating income (loss). (2) Primarily relates to management fees expensed and payable to CGM, and corporate overhead expenses. Depreciation and Amortization Expense Three months ended March 31, (in thousands) 2020 2019 5.11 $ 5,152 $ 5,157 Ergobaby 2,053 2,111 Liberty 406 407 Velocity Outdoor 3,247 3,251 ACI 646 669 Arnold 1,631 1,622 Foam Fabricators 3,047 2,997 Sterno 5,624 5,372 Total 21,806 21,586 Reconciliation of segment to consolidated total: Amortization of debt issuance costs and original issue discount 525 1,079 Consolidated total $ 22,331 $ 22,665 Accounts Receivable Identifiable Assets March 31, December 31, March 31, December 31, (in thousands) 2020 2019 2020 (1) 2019 (1) 5.11 $ 50,869 $ 49,543 $ 356,614 $ 357,292 Ergobaby 9,573 10,460 90,969 91,798 Liberty 14,616 13,574 35,600 38,558 Velocity Outdoor 21,959 20,290 186,533 192,288 ACI 7,969 8,318 27,617 24,408 Arnold 19,800 19,043 72,109 72,650 Foam Fabricators 24,290 24,455 154,206 156,914 Sterno 49,134 60,522 251,830 263,530 Allowance for doubtful accounts (14,107 ) (14,800 ) — — Total 184,103 191,405 1,175,478 1,197,438 Reconciliation of segment to consolidated total: Corporate and other identifiable assets — — 247,397 64,531 Assets of discontinued operations — — — — Total $ 184,103 $ 191,405 $ 1,422,875 $ 1,261,969 (1) Does not include accounts receivable balances per schedule above or goodwill balances - refer to Note F - "Goodwill and Other Intangible Assets" .

Property, Plant and Equipment a

Property, Plant and Equipment and Inventory	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment and Inventory	Property, Plant and Equipment and Inventory Property, plant and equipment Property, plant and equipment is comprised of the following at March 31, 2020 and December 31, 2019 (in thousands): March 31, 2020 December 31, 2019 Machinery and equipment $ 193,916 $ 191,897 Furniture, fixtures and other 34,810 36,604 Leasehold improvements 41,311 40,851 Buildings and land 10,005 10,559 Construction in process 11,002 7,992 291,044 287,903 Less: accumulated depreciation (147,245 ) (141,475 ) Total $ 143,799 $ 146,428 Depreciation expense was $8.3 million and $8.0 million for the three months ended March 31, 2020 and March 31, 2019 , respectively. Inventory Inventory is comprised of the following at March 31, 2020 and December 31, 2019 (in thousands) : March 31, 2020 December 31, 2019 Raw materials $ 60,223 $ 59,888 Work-in-process 14,950 14,318 Finished goods 249,707 262,352 Less: obsolescence reserve (19,244 ) (19,252 ) Total $ 305,636 $ 317,306

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets As a result of acquisitions of various businesses, the Company has significant intangible assets on its balance sheet that include goodwill and indefinite-lived intangibles. The Company’s goodwill and indefinite-lived intangibles are tested and reviewed for impairment annually as of March 31st or more frequently if facts and circumstances warrant by comparing the fair value of each reporting unit to its carrying value. Each of the Company’s businesses represent a reporting unit. Goodwill 2020 Annual Impairment Testing The Company uses a qualitative approach to test goodwill for impairment by first assessing qualitative factors to determine whether it is more-likely-than-not that the fair value of a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform quantitative goodwill impairment testing. We determined that the Ergobaby, Foam Fabricators and Velocity reporting units required additional quantitative testing because we could not conclude that the fair value of the reporting unit exceeded its carrying value based on qualitative factors alone. For the reporting units that were tested qualitatively for the 2020 annual impairment testing, the results of the qualitative analysis indicated that it is more likely than not that the fair value exceeded the carrying value of these reporting units. The quantitative tests of Ergobaby, Foam Fabricators and Velocity were performed using an income approach to determine the fair value of the reporting units. For Ergobaby, the discount rate used in the income approach was 15.9% and the results of the quantitative impairment testing indicated that the fair value of the Ergobaby reporting unit exceeded the carrying value by 14.0% . For Foam Fabricators, the discount rate used in the income approach was 13.3% , and the results of the quantitative impairment testing indicated that the fair value of the Foam Fabricators reporting unit exceeded the carrying value by 3.8% . For Velocity, the discount rate used in the income approach was 12.8% , and the results of the quantitative impairment testing indicated that the fair value of the Velocity reporting unit exceeded the carrying value by 16.4% . 2019 Interim Impairment Testing Velocity Outdoor The Company performed interim quantitative impairment testing of Velocity Outdoor at September 30, 2019. As a result of operating results below forecasts in the current period as well as a re-forecast of the Velocity business in which planned earnings and revenue fell below the forecasts of prior periods, the Company determined that a triggering event occurred in the third quarter of 2019. The Company used an income approach for the impairment test, whereby we estimate the fair value of the reporting unit based on the present value of future cash flows. Cash flow projections are based on management's estimate of revenue growth rates and operating margins, and take into consideration industry and market conditions as well as company specific economic factors. The Company used a weighted average cost of capital of 12.2% in the income approach. The discount rate used was based on the weighted average cost of capital adjusted for the relevant risk associated with business specific characteristics and Velocity's ability to execute on the projected cash flows. Based on the results of the impairment test, the fair value of Velocity did not exceed the carrying value, indicating that the goodwill at Velocity was impaired. The difference between the carrying value and fair value of the Velocity business was $32.9 million , which the Company recorded as impairment expense in the consolidated statement of operations for the year ended December 31, 2019. 2019 Annual Impairment Testing All of the Company's reporting units except Liberty were tested qualitatively at March 31, 2019. We determined that the Liberty reporting unit required additional quantitative testing because we could not conclude that the fair value of the reporting unit exceeded its carrying value based on qualitative factors alone. We used an income approach and market approach for the quantitative impairment test that was performed of the Liberty business at March 31, 2019, with equal weighting assigned to each. The discount rate used in the income approach was 14.8% . The results of the quantitative impairment testing indicated that the fair value of the Liberty reporting unit exceeded the carrying value. For the reporting units that were tested qualitatively for the 2019 annual impairment testing, the results of the qualitative analysis indicated that it is more likely than not that the fair value exceeded their carrying value. A summary of the net carrying value of goodwill at March 31, 2020 and December 31, 2019 , is as follows (in thousands) : Three months ended March 31, 2020 Year ended Goodwill - gross carrying amount $ 496,264 $ 496,264 Accumulated impairment losses (57,745 ) (57,745 ) Goodwill - net carrying amount $ 438,519 $ 438,519 The following is a reconciliation of the change in the carrying value of goodwill for the three months ended March 31, 2020 by operating segment (in thousands) : Balance at January 1, 2020 Acquisitions Goodwill Impairment Other Balance at March 31, 2020 5.11 $ 92,966 $ — $ — $ — $ 92,966 Ergobaby 61,031 — — — 61,031 Liberty 32,828 — — — 32,828 Velocity Outdoor 30,079 — — — 30,079 ACI 58,019 — — — 58,019 Arnold 26,903 — — — 26,903 Foam Fabricators 72,708 — — — 72,708 Sterno 55,336 — — — 55,336 Corporate (1) 8,649 — — — 8,649 Total $ 438,519 $ — $ — $ — $ 438,519 (1) Represents goodwill resulting from purchase accounting adjustments not "pushed down" to the ACI segment. This amount is allocated back to the ACI segment for purposes of goodwill impairment testing. Long lived assets Annual indefinite lived impairment testing The Company used a qualitative approach to test indefinite lived intangible assets for impairment by first assessing qualitative factors to determine whether it is more-likely-than-not that the fair value of an indefinite lived intangible asset is impaired as a basis for determining whether it is necessary to perform quantitative impairment testing. The Company evaluated the qualitative factors of each indefinite lived intangible asset in connection with the annual impairment testing for 2020 and 2019 . Results of the qualitative analysis indicate that it is more likely than not that the fair value of the reporting units that maintain indefinite lived intangible assets exceeded the carrying value. The Ergobaby and Liberty reporting units have indefinite lived trade names that were tested in conjunction with the goodwill impairment tests at March 31, 2020 and March 31, 2019, respectively. The results of the quantitative impairment testing indicated that the trade names were not impaired. Other intangible assets are comprised of the following at March 31, 2020 and December 31, 2019 (in thousands) : March 31, 2020 December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Customer relationships $ 462,686 $ (163,796 ) $ 298,890 $ 462,686 $ (155,200 ) $ 307,486 Technology and patents 80,370 (30,076 ) 50,294 80,082 (28,748 ) 51,334 Trade names, subject to amortization 189,183 (50,001 ) 139,182 189,183 (46,507 ) 142,676 Licensing and non-compete agreements 7,515 (7,136 ) 379 7,515 (7,050 ) 465 Distributor relations and other 726 (726 ) — 726 (726 ) — Total 740,480 (251,735 ) 488,745 740,192 (238,231 ) 501,961 Trade names, not subject to amortization 59,985 — 59,985 59,985 — 59,985 Total intangibles, net $ 800,465 $ (251,735 ) $ 548,730 $ 800,177 $ (238,231 ) $ 561,946 Amortization expense related to intangible assets was $13.5 million and $13.6 million for the three months ended March 31, 2020 and 2019 , respectively. Estimated charges to amortization expense of intangible assets for the remainder of 2020 and the next four years, is as follows (in thousands) : 2020 2021 2022 2023 2024 $ 40,566 $ 53,645 $ 52,013 $ 51,616 $ 50,525

Warranties

Warranties	3 Months Ended
	Mar. 31, 2020
Guarantees [Abstract]
Warranties	Warranties The Company’s Ergobaby, Liberty and Velocity Outdoor operating segments estimate their exposure to warranty claims based on both current and historical product sales data and warranty costs incurred. The Company assesses the adequacy of its recorded warranty liability quarterly and adjusts the amount as necessary. Warranty liability is included in accrued expenses in the accompanying consolidated balance sheets. A reconciliation of the change in the carrying value of the Company’s warranty liability for the three months ended March 31, 2020 and the year ended December 31, 2019 is as follows ( in thousands ): Warranty liability Three months ended March 31, 2020 Year ended Beginning balance $ 1,583 $ 1,624 Provision for warranties issued during the period 406 2,238 Fulfillment of warranty obligations (626 ) (2,279 ) Ending balance $ 1,363 $ 1,583

Debt

Debt	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Debt	Debt 2018 Credit Facility On April 18, 2018, the Company entered into an Amended and Restated Credit Agreement (the "2018 Credit Facility") to amend and restate the 2014 Credit Facility, originally dated as of June 6, 2014 (as previously amended) among the Company, the lenders from time to time party thereto (the “Lenders”), and Bank of America, N.A., as Administrative Agent. The 2018 Credit Facility is secured by all of the assets of the Company, including all of its equity interests in, and loans to, its consolidated subsidiaries. The 2018 Credit Facility provides for (i) revolving loans, swing line loans and letters of credit (the “2018 Revolving Credit Facility”) up to a maximum aggregate amount of $600 million , and (ii) a $500 million term loan (the “2018 Term Loan”). The 2018 Credit Facility also permits the Company, prior to the applicable maturity date, to increase the revolving loan commitment and/or obtain additional term loans in an aggregate amount of up to $250 million (the “Incremental Loans”), subject to certain restrictions and conditions. 2018 Revolving Credit Facility All amounts outstanding under the 2018 Revolving Credit Facility will become due on April 18, 2023, which is the maturity date of loans advanced under the 2018 Revolving Credit Facility. The Company may borrow, prepay and reborrow principal under the 2018 Revolving Credit Facility from time to time during its term. Under the 2018 Revolving Credit Facility, an aggregate amount of up to $100 million in letters of credit may be issued, as well as swing line loans of up to $25 million outstanding at one time. The issuance of such letters of credit and the making of any swing line loan would reduce the amount available under the 2018 Revolving Credit Facility. 2018 Term Loan The 2018 Term Loan was issued at an original issuance discount of 99.75% . The 2018 Term Loan required quarterly payments of $1.25 million commencing June 30, 2018, with a final payment of all remaining principal and interest due on April 18, 2025, the maturity date of the 2018 Term Loan. In July 2019, the Company repaid approximately $193.8 million of the 2018 Term Loan using a portion of the proceeds received from the sale of Clean Earth, and in November 2019, the Company repaid the remaining $298.8 million balance due under the 2018 Term Loan. Senior Notes On April 18, 2018, the Company consummated the issuance and sale of $400 million aggregate principal amount of its 8.000% Senior Notes due 2026 (the “Notes” or "Senior Notes") offered pursuant to a private offering to qualified institutional buyers in accordance with Rule 144A under the Securities Act, and to non-U.S. persons under Regulation S under the Securities Act. The Company used the net proceeds from the sale of the Notes to repay debt under its existing credit facilities in connection with a concurrent refinancing transaction described above. The Notes were issued pursuant to an indenture, dated as of April 18, 2018 (the “Indenture”), between the Company and U.S. Bank National Association, as trustee. The Notes bear interest at the rate of 8.000% per annum and will mature on May 1, 2026. Interest on the Notes is payable in cash on May 1st and November 1st of each year, beginning on November 1, 2018. The Notes are general senior unsecured obligations of the Company and are not guaranteed by the subsidiaries through which the Company currently conducts substantially all of its operations. The Notes rank equal in right of payment with all of the Company’s existing and future senior unsecured indebtedness, and rank senior in right of payment to all of the Company’s future subordinated indebtedness, if any. The Notes will be effectively subordinated to the Company’s existing and future secured indebtedness, to the extent of the value of the assets securing such indebtedness, including the indebtedness under the Company’s credit facilities described above. The Indenture contains several restrictive covenants including, but not limited to, limitations on the following: (i) the incurrence of additional indebtedness, (ii) restricted payments, (iii) dividends and other payments affecting restricted subsidiaries, (iv) the issuance of preferred stock of restricted subsidiaries, (v) transactions with affiliates, (vi) asset sales and mergers and consolidations, (vii) future subsidiary guarantees and (viii) liens, subject in each case to certain exceptions. The following table provides the Company’s debt holdings at March 31, 2020 and December 31, 2019 (in thousands) : March 31, 2020 December 31, 2019 Senior Notes $ 400,000 $ 400,000 Revolving Credit Facility 200,000 — Less: Unamortized discounts and debt issuance costs (5,336 ) (5,555 ) Long term debt $ 594,664 $ 394,445 Net availability under the 2018 Revolving Credit Facility was approximately $396.4 million at March 31, 2020 . Letters of credit outstanding at March 31, 2020 totaled approximately $3.6 million . At March 31, 2020 , the Company was in compliance with all covenants as defined in the 2018 Credit Facility. The Company's Senior Notes consisted of the following carrying value and estimated fair value (in thousands): Fair Value Hierarchy Level March 31, 2020 Maturity Date Rate Carrying Value Fair Value Senior Notes May 1, 2026 8.000 % 2 400,000 384,000 Debt Issuance Costs Deferred debt issuance costs represent the costs associated with the issuance of the Company's financing arrangements. In connection with the repayment of the 2018 Term Loan, the Company wrote-off $8.9 million in deferred financing costs associated with the 2018 Term Loan and $3.4 million associated with the original issue discount. Since the Company can borrow, repay and reborrow principal under the 2018 Revolving Credit Facility, the debt issuance costs associated with the 2018 Revolving Credit Facility have been classified as other non-current assets in the accompanying consolidated balance sheet. The debt issuance costs associated with the Senior Notes are classified as a reduction of long-term debt in the accompanying consolidated balance sheet. The following table summarizes debt issuance costs at March 31, 2020 and December 31, 2019 , and the balance sheet classification in each of the periods presents ( in thousands ): March 31, 2020 December 31, 2019 Deferred debt issuance costs $ 13,252 $ 13,252 Accumulated amortization (4,192 ) (3,667 ) Deferred debt issuance costs, net $ 9,060 $ 9,585 Balance sheet classification: Other noncurrent assets $ 3,724 $ 4,030 Long-term debt 5,336 5,555 $ 9,060 $ 9,585

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Stockholders' Equity	Stockholders’ Equity Trust Common Shares The Trust is authorized to issue 500,000,000 Trust shares and the Company is authorized to issue a corresponding number of LLC interests. The Company will at all times have the identical number of LLC interests outstanding as Trust shares. Each Trust share represents an undivided beneficial interest in the Trust, and each Trust share is entitled to one vote per share on any matter with respect to which members of the Company are entitled to vote. Trust Preferred Shares The Trust is authorized to issue up to 50,000,000 Trust preferred shares and the Company is authorized to issue a corresponding number of trust preferred interests. Series C Preferred Shares On November 20, 2019, the Trust issued 4,000,000 7.875% Series C Preferred Shares (the "Series C Preferred Shares") with a liquidation preference of $25.00 per share, and on December 2, 2019, the Trust issued 600,000 of the Series C Preferred Shares which were sold pursuant to an option to purchase additional shares by the underwriters. Total proceeds from the issuance of the Series C Preferred Shares were $115.0 million , or $111.0 million net of underwriters' discount and issuance costs. Distributions on the Series C Preferred Shares will be payable quarterly in arrears, when and as declared by the Company's board of directors on January 30, April 30, July 30, and October 30 of each year, beginning on January 30, 2020, at a rate per annum of 7.875% . Distributions on the Series C Preferred Shares are cumulative and at March 31, 2020, $1.5 million of Series C distributions are accumulated and unpaid. Unless full cumulative distributions on the Series C Preferred Shares have been or contemporaneously are declared and set apart for payment of the Series C Preferred Shares for all past distribution periods, no distribution may be declared or paid for payment on the Trust common shares. The Series C Preferred Shares are not convertible into Trust common shares and have no voting rights, except in limited circumstances as provided for in the share designation for the Series C Preferred Shares. The Series C Preferred Shares may be redeemed at the Company's option, in whole or in part, at any time after January 30, 2025, at a price of $25.00 per share, plus any accumulated and unpaid distributions (thereon whether authorized or declared) to, but excluding, the redemption date. Holders of Series C Preferred Shares will have no right to require the redemption of the Series C Preferred Shares and there is no maturity date. Series B Preferred Shares On March 13, 2018, the Trust issued 4,000,000 7.875% Series B Trust Preferred Shares (the "Series B Preferred Shares") with a liquidation preference of $25.00 per share, for gross proceeds of $100.0 million , or $96.5 million net of underwriters' discount and issuance costs. Distributions on the Series B Preferred Shares will be payable quarterly in arrears, when and as declared by the Company's board of directors on January 30, April 30, July 30, and October 30 of each year, beginning on July 30, 2018, at a rate per annum of 7.875% . Distributions on the Series B Preferred Shares are cumulative and at March 31, 2020, $1.3 million of Series B distributions are accumulated and unpaid. Unless full cumulative distributions on the Series B Preferred Shares have been or contemporaneously are declared and set apart for payment of the Series B Preferred Shares for all past distribution periods, no distribution may be declared or paid for payment on the Trust common shares. The Series B Preferred Shares are not convertible into Trust common shares and have no voting rights, except in limited circumstances as provided for in the share designation for the preferred shares. The Series B Preferred Shares may be redeemed at the Company's option, in whole or in part, at any time after April 30, 2028, at a price of $25.00 per share, plus any accumulated and unpaid distributions (thereon whether authorized or declared) to, but excluding, the redemption date. Holders of Series B Preferred Shares will have no right to require the redemption of the Series B Preferred Shares and there is no maturity date. Series A Preferred Shares On June 28, 2017, the Trust issued 4,000,000 7.250% Series A Trust Preferred Shares (the "Series A Preferred Shares") with a liquidation preference of $25.00 per share, for gross proceeds of $100.0 million , or $96.4 million net of underwriters' discount and issuance costs. When, and if declared by the Company's board of directors, distribution on the Series A Preferred Shares will be payable quarterly on January 30, April 30, July 30, and October 30 of each year, beginning on October 30, 2017, at a rate per annum of 7.250% . Distributions on the Series A Preferred Shares are discretionary and non-cumulative. The Company has no obligation to pay distributions for a quarterly distribution period if the board of directors does not declare the distribution before the scheduled record of date for the period, whether or not distributions are paid for any subsequent distribution periods with respect to the Series A Preferred Shares, or the Trust common shares. If the Company's board of directors does not declare a distribution for the Series A Preferred Shares for a quarterly distribution period, during the remainder of that quarterly distribution period the Company cannot declare or pay distributions on the Trust common shares. The Series A Preferred Shares may be redeemed at the Company's option, in whole or in part, at any time after July 30, 2022, at a price of $25.00 per share, plus any declared and unpaid distributions. Holders of Series A Preferred Shares will have no right to require the redemption of the Series A Preferred Shares and there is no maturity date. The Series A Preferred Shares are not convertible into Trust common shares and have no voting rights, except in limited circumstances as provided for in the share designation for the preferred shares. Profit Allocation Interests The Allocation Interests represent the original equity interest in the Company. The holders of the Allocation Interests ("Holders") are entitled to receive distributions pursuant to a profit allocation formula upon the occurrence of certain events. The distributions of the profit allocation are paid upon the occurrence of the sale of a material amount of capital stock or assets of one of the Company’s businesses ("Sale Event") or, at the option of the Holders, at each five-year anniversary date of the acquisition of one of the Company’s businesses ("Holding Event"). The Company records distributions of the profit allocation to the Holders upon occurrence of a Sale Event or Holding Event as distributions declared on Allocation Interests to stockholders’ equity when they are approved by the Company’s board of directors. Holding Event The five-year anniversary of the acquisition of Sterno Products occurred in October 2019 which represented a Holding Event. The Company declared and paid a distribution to the Allocation Member of $9.1 million in February 2020. The ten-year anniversary of Liberty occurred in March 2020 which represented a Holding Event. The Holders elected to defer the distribution of $3.3 million until after the end of 2020. Sale Events The sales of Manitoba Harvest in February 2019 and Clean Earth in June 2019 each qualified as a Sale Event under the Company's LLC Agreement. During the second quarter of 2019, the Company declared and paid a distribution to the Allocation Member of $8.0 million related to the sale of Manitoba Harvest and working capital settlements from prior Sale Events. The profit allocation distribution was calculated based on the portion of the gain on sale related to the Closing Date Consideration, less the loss on sale of shares that were received as part of the Closing Consideration. During the third quarter of 2019, the Company declared and paid a distribution to the Allocation Member of $43.3 million related to the sale of Clean Earth. During the fourth quarter of 2019, the Company declared and paid a distribution to the Allocation Member of $9.1 million related to the Deferred Consideration from the Manitoba Harvest sale and the working capital settlement received from the sale of Clean Earth. Reconciliation of net income (loss) available to common shares of Holdings The following table reconciles net loss attributable to Holdings to net loss attributable to the common shares of Holdings ( in thousands ): Three months ended 2020 2019 Net income (loss) from continuing operations attributable to Holdings $ 3,665 $ (14,296 ) Less: Distributions paid - Allocation Interests 9,087 — Less: Distributions paid - Preferred Shares 5,542 3,781 Less: Accrued distributions - Preferred Shares 2,869 1,334 Net loss from continuing operations attributable to common shares of Holdings $ (13,833 ) $ (19,411 ) Earnings per share The Company calculates basic and diluted earnings per share using the two-class method which requires the Company to allocate to participating securities that have rights to earnings that otherwise would have been available only to Trust shareholders as a separate class of securities in calculating earnings per share. The Allocation Interests are considered participating securities that contain participating rights to receive profit allocations upon the occurrence of a Holding Event or Sale Event. The calculation of basic and diluted earnings per share for the three months ended March 31, 2020 and 2019 reflects the incremental increase during the period in the profit allocation distribution to Holders related to Holding Events. Basic and diluted earnings per share for the three months ended March 31, 2020 and 2019 attributable to the common shares of Holdings is calculated as follows (in thousands, except per share data) : Three months ended 2020 2019 Loss from continuing operations attributable to common shares of Holdings $ (13,833 ) $ (19,411 ) Less: Effect of contribution based profit - Holding Event 1,517 981 Loss from continuing operations attributable to common shares of Holdings $ (15,350 ) $ (20,392 ) Income from discontinued operations attributable to Holdings $ — $ 123,604 Less: Effect of contribution based profit - Holding Event — — Income from discontinued operations attributable to common shares of Holdings $ — $ 123,604 Basic and diluted weighted average common shares outstanding 59,900 59,900 Basic and fully diluted income (loss) per common share attributable to Holdings Continuing operations $ (0.26 ) $ (0.34 ) Discontinued operations — 2.06 $ (0.26 ) $ 1.72 Distributions The following table summarizes information related to our quarterly cash distributions on our Trust common and preferred shares (in thousands, except per share data ) : Period Cash Distribution per Share Total Cash Distributions Record Date Payment Date Trust Common Shares: January 1, 2020 - March 31, 2020 (1) $ 0.36 $ 21,564 April 16, 2020 April 23, 2020 October 1, 2019 - December 31, 2019 $ 0.36 $ 21,564 January 16, 2020 January 23, 2020 July 1, 2019 - September 30, 2019 $ 0.36 $ 21,564 October 17, 2019 October 24, 2019 April 1, 2019 - June 30, 2019 $ 0.36 $ 21,564 July 18, 2019 July 25, 2019 January 1, 2019 - March 31, 2019 $ 0.36 $ 21,564 April 18, 2019 April 25, 2019 October 1, 2018 - December 31, 2018 $ 0.36 $ 21,564 January 17, 2019 January 24, 2019 Series A Preferred Shares: January 30, 2020 - April 29, 2020 (1) $ 0.453125 $ 1,813 April 15, 2020 April 30, 2020 October 30, 2019 - January 29, 2020 $ 0.453125 $ 1,813 January 15, 2020 January 30, 2020 July 30, 2019 - October 29, 2019 $ 0.453125 $ 1,813 October 15, 2019 October 30, 2019 April 30, 2019 - July 29, 2019 $ 0.453125 $ 1,813 July 15, 2019 July 30, 2019 January 30, 2019 - April 29, 2019 $ 0.453125 $ 1,813 April 15, 2019 April 30, 2019 October 30, 2018 - January 29, 2019 $ 0.453125 $ 1,813 January 15, 2019 January 30, 2019 Series B Preferred Shares: January 30, 2020 - April 29, 2020 (1) $ 0.4921875 $ 1,969 April 15, 2020 April 30, 2020 October 30, 2019 - January 29, 2020 $ 0.4921875 $ 1,969 January 15, 2020 January 30, 2020 July 30, 2019 - October 29, 2019 $ 0.4921875 $ 1,969 October 15, 2019 October 30, 2019 April 30, 2019 - July 29, 2019 $ 0.4921875 $ 1,969 July 15, 2019 July 30, 2019 January 30, 2019 - April 29, 2019 $ 0.4921875 $ 1,969 April 15, 2019 April 30, 2019 October 30, 2018 - January 29, 2019 $ 0.4921875 $ 1,969 January 15, 2019 January 30, 2019 Series C Preferred Shares: January 30, 2020 - April 29, 2020 (1) $ 0.4921875 $ 2,264 April 15, 2020 April 30, 2020 November 20, 2019 - January 29, 2020 $ 0.38281 $ 1,531 January 15, 2020 January 30, 2020 (1) This distribution was declared on April 2, 2020.

Noncontrolling Interest

Noncontrolling Interest	3 Months Ended
	Mar. 31, 2020
Noncontrolling Interest [Abstract]
Noncontrolling Interest	Noncontrolling Interest Noncontrolling interest represents the portion of the Company’s majority owned subsidiary’s net income (loss) and equity that is owned by noncontrolling shareholders. The following tables reflect the Company’s ownership percentage of its majority owned operating segments and related noncontrolling interest balances as of March 31, 2020 and December 31, 2019 : % Ownership (1) March 31, 2020 % Ownership (1) December 31, 2019 Primary Fully Diluted Primary Fully Diluted 5.11 97.6 88.9 97.6 88.9 Ergobaby 81.9 75.8 81.9 75.8 Liberty 91.2 86.0 91.2 86.0 Velocity Outdoor 99.3 87.5 99.3 93.9 ACI 69.4 65.3 69.4 65.4 Arnold 96.7 81.4 96.7 80.2 Foam Fabricators 100.0 91.5 100.0 91.5 Sterno 100.0 87.5 100.0 88.5 (1) The principal difference between primary and diluted percentages of our operating segments is due to stock option issuances of operating segment stock to management of the respective businesses. Noncontrolling Interest Balances (in thousands) March 31, 2020 December 31, 2019 5.11 $ 12,613 $ 12,056 Ergobaby 27,407 27,036 Liberty 3,085 2,936 Velocity Outdoor 3,130 2,506 ACI 4,656 3,670 Arnold 1,292 1,255 Foam Fabricators 2,131 1,873 Sterno (606 ) (884 ) Allocation Interests 100 100 $ 53,808 $ 50,548

Fair Value Measurement

Fair Value Measurement	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurement	Fair Value Measurement The following table provides the assets and liabilities carried at fair value measured on a recurring basis at March 31, 2020 and December 31, 2019 ( in thousands ): Fair Value Measurements at March 31, 2020 Carrying Value Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (215 ) $ — $ — $ (215 ) Total recorded at fair value $ (215 ) $ — $ — $ (215 ) (1) Represents put option issued to noncontrolling shareholders in connection with the 5.11 and Liberty acquisitions. Fair Value Measurements at December 31, 2019 Carrying Value Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (111 ) $ — $ — $ (111 ) Total recorded at fair value $ (111 ) $ — $ — $ (111 ) (1) Represents put option issued to noncontrolling shareholders in connection with the 5.11 and Liberty acquisitions. Reconciliations of the change in the carrying value of the Level 3 fair value measurements from January 1, 2019 through March 31, 2020 are as follows ( in thousands ): Level 3 Balance at January 1, 2019 $ (4,547 ) Decrease in the fair value of put option of noncontrolling shareholder - Liberty 72 Increase in the fair value of put option of noncontrolling shareholder - 5.11 (10 ) Adjustment to Ravin contingent consideration (1) (2,022 ) Payment of contingent consideration - Ravin (1) 6,396 Balance at December 31, 2019 $ (111 ) Increase in the fair value of put option of noncontrolling shareholder - Liberty (63 ) Increase in the fair value of put option of noncontrolling shareholder - 5.11 (41 ) Balance at March 31, 2020 $ (215 ) (1) The contingent consideration related to Velocity's acquisition of Ravin in September 2018. The purchase price of Ravin included a potential earn-out of up to $25.0 million contingent on the achievement of certain financial metrics for the trailing twelve month period ending December 31, 2018. The fair value of the contingent consideration was estimated at $4.7 million at acquisition date and was calculated using a risk-adjusted option pricing model. The earnout was adjusted to $6.4 million and paid out during the year ended December 31, 2019. Valuation Techniques The Company has not changed its valuation techniques in measuring the fair value of any of its other financial assets and liabilities during the period. For details of the Company’s fair value measurement policies under the fair value hierarchy, refer to the Company’s Annual Report on Form 10-K for the year ended December 31, 2019 . Nonrecurring Fair Value Measurements There were no assets or liabilities measured on a non-recurring basis during the quarter ended March 31, 2020. The following table provides the assets and liabilities carried at fair value measured on a non-recurring basis as of December 31, 2019. Refer to " Note F – Goodwill and Other Intangible Assets ", for a description of the valuation techniques used to determine fair value of the assets measured on a non-recurring basis in the table below. Expense Fair Value Measurements at December 31, 2019 Year ended (in thousands) Carrying Level 1 Level 2 Level 3 December 31, 2019 Goodwill - Velocity Outdoor $ 30,079 $ — $ — $ 30,079 $ 32,881

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income taxes Each fiscal quarter, the Company estimates its annual effective tax rate and applies that rate to its interim pre-tax earnings. In this regard, the Company reflects the full year’s estimated tax impact of certain unusual or infrequently occurring items and the effects of changes in tax laws or rates in the interim period in which they occur. The computation of the annual estimated effective tax rate in each interim period requires certain estimates and significant judgment, including the projected operating income for the year, projections of the proportion of income earned and taxed in other jurisdictions, permanent and temporary differences and the likelihood of recovering deferred tax assets generated in the current year. The accounting estimates used to compute the provision for income taxes may change as new events occur, as additional information is obtained or as the tax environment changes. Certain foreign operations are subject to foreign income taxation under existing provisions of the laws of those jurisdictions. The reconciliation between the Federal Statutory Rate and the effective income tax rate for the three months ended March 31, 2020 and 2019 is as follows: Three months ended March 31, 2020 2019 United States Federal Statutory Rate 21.0 % (21.0 )% State income taxes (net of Federal benefits) 12.2 2.6 Foreign income taxes (1.6 ) (3.3 ) Expenses of Compass Group Diversified Holdings LLC representing a pass through to shareholders (1) 6.7 30.6 Impact of subsidiary employee stock options 6.2 0.4 Credit utilization (4.5 ) (2.5 ) Non-recognition of NOL carryforwards at subsidiaries (47.1 ) 1.0 Effect of Tax Act 6.2 3.1 Other 5.2 1.5 Effective income tax rate 4.3 % 12.4 % (1) The effective income tax rate for the three months ended March 31, 2020 and 2019 includes a loss at the Company's parent, which is taxed as a partnership.

Defined Benefit Plan

Defined Benefit Plan	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Defined Benefit Plan	Defined Benefit Plan In connection with the acquisition of Arnold, the Company has a defined benefit plan covering substantially all of Arnold’s employees at its Lupfig, Switzerland location. The benefits are based on years of service and the employees’ highest average compensation during the specific period. The unfunded liability of $ 4.2 million is recognized in the consolidated balance sheet as a component of other non-current liabilities at March 31, 2020 . Net periodic benefit cost consists of the following for the three months ended March 31, 2020 and 2019 (in thousands ): Three months ended March 31, 2020 2019 Service cost $ 139 $ 127 Interest cost 8 33 Expected return on plan assets (21 ) (40 ) Amortization of unrecognized loss 56 34 Net periodic benefit cost $ 182 $ 154 During the three months ended March 31, 2020 , per the terms of the pension agreement, Arnold contributed $0.1 million to the plan. For the remainder of 2020, the expected contribution to the plan will be approximately $1.1 million . The plan assets are pooled with assets of other participating employers and are not separable; therefore, the fair values of the pension plan assets at March 31, 2020 were considered Level 3.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies In the normal course of business, the Company and its subsidiaries are involved in various claims and legal proceedings. While the ultimate resolution of these matters has yet to be determined, the Company does not believe that any unfavorable outcomes will have a material adverse effect on the Company's consolidated financial position or results of operations. Leases The Company and its subsidiaries lease manufacturing facilities, warehouses, office facilities, retail stores, equipment and vehicles under various operating arrangements. Certain of the leases are subject to escalation clauses and renewal periods. The Company and its subsidiaries recognize lease expense, including predetermined fixed escalations, on a straight-line basis over the initial term of the lease including reasonably assured renewal periods from the time that the Company and its subsidiaries control the leased property. Leases with an initial term of 12 months or less are not recorded on the balance sheet; we recognize lease expense for these leases on a straight-line basis over the lease term. Certain of our subsidiaries have leases that contain both fixed rent costs and variable rent costs based on achievement of certain operating metrics. The variable lease expense has not been material on a historic basis and no amount was incurred during the quarter ending March 31, 2020 . In the three months ended March 31, 2020 , the Company recognized $7.3 million in expense related to operating leases in the condensed consolidated statements of operations. The maturities of lease liabilities at March 31, 2020 were as follows ( in thousands ): 2020 (excluding three months ended March 31, 2020) $ 19,270 2021 24,165 2022 21,947 2023 15,754 2024 12,426 Thereafter 41,362 Total undiscounted lease payments $ 134,924 Less: Interest 39,345 Present value of lease liabilities $ 95,579 The calculated amount of the right-of-use assets and lease liabilities in the table above are impacted by the length of the lease term and discount rate used to present value the minimum lease payments. The Company's lease agreements often include one or more options to renew at the company's discretion. In general, it is not reasonably certain that lease renewals will be exercised at lease commencement and therefore lease renewals are not included in the lease term. Regarding the discount rate, Topic 842 requires the use of a rate implicit in the lease whenever this rate is readily determinable. As this rate is rarely determinable, the Company utilizes the incremental borrowing rate of the subsidiary entering into the lease arrangement, on a collateralized basis, over a similar term as adjusted for any country specific risk. The weighted average remaining lease terms and discount rates for all of our operating leases were as follows as of March 31, 2020 : Lease Term and Discount Rate Weighted-average remaining lease term (years) 6.39 Weighted-average discount rate 7.75 % Supplemental balance sheet information related to leases was as follows ( in thousands ): Line Item in the Company’s Consolidated Balance Sheet March 31, 2020 Operating lease right-of-use assets Other non-current assets $ 91,830 Current portion, operating lease liabilities Other current liabilities $ 18,721 Operating lease liabilities Other non-current liabilities $ 76,858 Supplemental cash flow information related to leases was as follows ( in thousands ): Three months ended March 31, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 7,319 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 4,539

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Management Services Agreement The Company entered into the MSA with CGM effective May 16, 2006. The MSA provides for, among other things, CGM to perform services for the Company in exchange for a management fee paid quarterly and equal to 0.5% of the Company's adjusted net assets, as defined in the MSA. Concurrent with the June 2019 sale of Clean Earth (refer to Note B - Discontinued Operations ), CGM agreed to waive the management fee on cash balances held at the Company, commencing with the quarter ended June 30, 2019 and continuing until the quarter during which the Company next borrows under the 2018 Revolving Credit Facility. In March 2020, as a proactive measure to provide the Company with additional cash liquidity in light of the COVID-19 pandemic, the Company elected to draw down $200 million on our 2018 Revolving Credit Facility. The Company and CGM entered into a waiver agreement whereby CGM agreed to waive the portion of the management fee attributable to the cash balances held at the Company as of March 31, 2020. In addition, as a result of an expected decline in earnings and cash flows in the second quarter of 2020, CGM has agreed to waive 50% of the management fee calculated at June 30, 2020 that will be paid in July 2020. Integration Services Agreements Foam Fabricators, which was acquired in 2018, entered into an Integration Services Agreement ("ISA") with CGM. The ISA provides for CGM to provide services for new platform acquisitions to, amongst other things, assist the management at the acquired entities in establishing a corporate governance program, implement compliance and reporting requirements of the Sarbanes-Oxley Act of 2002, as amended, and align the acquired entity's policies and procedures with our other subsidiaries. The ISA is for the twelve-month period subsequent to the acquisition. Foam Fabricators paid CGM $2.3 million over the term of the ISA, with $2.0 million paid in 2018 and $0.3 million in 2019. Integration services fees are included in selling, general and administrative expense on the subsidiaries' statement of operations in the period in which they are incurred. The Company and its businesses have the following significant related party transactions : 5.11 Related Party Vendor Purchases - 5.11 purchases inventory from a vendor who is a related party to 5.11 through one of the executive officers of 5.11 via the executive's 40% ownership interest in the vendor. During the three months ended March 31, 2020 and March 31, 2019 , 5.11 purchased approximately $0.5 million and $1.3 million

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2020
Subsequent Event [Line Items]
Subsequent Event	Note P - Subsequent Event Acquisition of Marucci Sports, LLC On March 6, 2020, the Company, through a wholly-owned subsidiary, Wheelhouse Holdings Inc., a Delaware corporation (“Buyer”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Marucci Sports, LLC, a Delaware limited liability company (“Marucci”), Wheelhouse Holdings Merger Sub LLC, a Delaware limited liability company and a wholly owned Subsidiary of Buyer (“Merger Sub”), and, Wheelhouse 2020 LLC, a Delaware limited liability company (in its capacity as the representative of the unit holders and option holders of Marucci), pursuant to which Merger Sub was to merge with and into Marucci (the “Merger”) such that the separate existence of Merger Sub would cease, with Marucci surviving the Merger as a subsidiary of Buyer. Headquartered in Baton Rouge, Louisiana, Marucci is a leading manufacturer and distributor of baseball and softball equipment. Founded in 2009, Marucci has a product portfolio that includes wood and metal bats, apparel and accessories, batting and fielding gloves and bags and protective gear. The Buyer, via the Merger, completed the acquisition of Marucci on April 20, 2020 for a total purchase price of approximately $200 million in cash, subject to certain adjustments based on matters such as the working capital and indebtedness balances at the time of the closing. The Company funded the purchase price using funds drawn on its 2018 Revolving Credit Facility in March 2020. The Company's initial equity ownership in Marucci is approximately 92%

Presentation and Principles o_2

Presentation and Principles of Consolidation (Policies)	3 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Consolidation	Consolidation The condensed consolidated financial statements include the accounts of Holdings and all majority owned subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation.
Seasonality	Seasonality Earnings of certain of our operating segments are seasonal in nature due to various recurring events, holidays and seasonal weather patterns, as well as the timing of our acquisitions during a given year. Historically, the third and fourth quarter produce the highest net sales during our fiscal year.
Recently Issued and Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board ("FASB") issued ASU No. 2016-13, Financial Instruments—Credit Losses, which requires companies to present assets held at amortized cost and available for sale debt securities net of the amount expected to be collected. The guidance requires the measurement of expected credit losses to be based on relevant information from past events, including historical experiences, current conditions and reasonable and supportable forecasts that affect collectibility. The guidance was effective for fiscal years and interim periods beginning after December 15, 2019, with early adoption permitted. The adoption of this guidance on January 1, 2020 did not have a material impact on our consolidated financial statements. Recently Issued Accounting Pronouncements
Revenue	he Company recognizes revenue in accordance with the provisions of Revenue from Contracts with Customers, or ASC 606. Revenue is recognized when a customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for these goods or services, and excludes any sales incentives or taxes collected from customers which are subsequently remitted to government authorities. Disaggregated Revenue - Revenue Streams and Timing of Revenue Recognition - The Company disaggregates revenue by strategic business unit and by geography for each strategic business unit which are categories that depict how the nature, amount and uncertainty of revenue and cash flows are affected by economic factors. This disaggregation also represents how the Company evaluates its financial performance, as well as how the Company communicates its financial performance to the investors and other users of its financial statements. Each strategic business unit represents the Company’s reportable segments and offers different products and services.

Discontinued Operations Discont

Discontinued Operations Discontinued operations (Policies)	3 Months Ended
	Mar. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Groups, Including Discontinued Operations	Sale of Manitoba Harvest On February 19, 2019, the Company entered into a definitive agreement with Tilray, Inc. ("Tilray") and a wholly-owned subsidiary of Tilray, 1197879 B.C. Ltd. (“Tilray Subco”), to sell to Tilray, through Tilray Subco, all of the issued and outstanding securities of our majority owned subsidiary, Manitoba Harvest, for total consideration of up to C$419 million . The completion of the sale of Manitoba Harvest was subject to approval by the British Columbia Supreme Court, which occurred on February 21, 2019. The sale closed on February 28, 2019. Subject to certain customary adjustments, the shareholders of Manitoba Harvest, including the Company, received the following from Tilray as consideration for their shares of Manitoba Harvest: (i) C$150 million in cash to the holders of preferred shares of Manitoba Harvest and the holders of common shares of Manitoba Harvest (“Common Holders”) and C$127.5 million in shares of class 2 Common Stock of Tilray (“Tilray Common Stock”) to the Common Holders on the closing date of the sale (the “Closing Date Consideration”), and (ii) C$50 million in cash and C$42.5 million in Tilray Common Stock to the Common Holders on the date that was six months after the closing date of the arrangement (the “Deferred Consideration”). The sale consideration also included a potential earnout of up to C$49 million in Tilray Common Stock to the Common Holders, if Manitoba Harvest achieved certain levels of U.S. branded gross sales of edible or topical products containing broad spectrum hemp extracts or cannabidiols prior to December 31, 2019. The threshold for the earnout was not achieved and no additional amount was recorded related to sale of Manitoba Harvest at December 31, 2019. The cash portion of the Closing Date Consideration was reduced by the amount of the net indebtedness (including accrued interest) of Manitoba Harvest on the closing date of C$71.3 million ( $53.7 million ) and transaction expenses of approximately C$5.0 million . The Company's share of the net proceeds after accounting for the redemption of the noncontrolling shareholders and the payment of net indebtedness of Manitoba Harvest and transaction expenses was approximately $124.2 million in cash proceeds and in Tilray Common Stock. The Company recognized a gain on the sale of Manitoba Harvest of $121.7 million in the first quarter of 2019. In August 2019, the Company received the Deferred Consideration related to the sale. The Company's portion of the Deferred Consideration totaled $28.4 million in cash proceeds and $19.6 million in Tilray Common Stock. The Tilray Common Stock consideration was issued in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act") and pursuant to exemptions from applicable securities laws of any state of the United States, such that any shares of Tilray Common Stock received by the Common Holders were freely tradeable. The Company sold the Tilray Common Stock received as part of the Closing Consideration during March 2019, recognizing a net loss of $5.3 million
Discontinued Operations, Policy [Policy Text Block]	Discontinued Operations During the first quarter of 2019, the Company completed the sale of FHF Holdings Ltd. ("Manitoba Harvest"), the parent company of Fresh Hemp Foods Ltd. Additionally, during the second quarter of 2019, the Company completed the sale of CEHI Acquisition Corp. ("Clean Earth"), the parent company of Clean Earth Holdings, Inc. and Clean Earth Inc. The results of operations of Manitoba Harvest and Clean Earth are reported as discontinued operations in the condensed consolidated statements of operations for the three months ended March 31, 2019. Refer to Note B - "Discontinued Operations" for additional information. Unless otherwise indicated, the disclosures accompanying the condensed consolidated financial statements reflect the Company's continuing operations.

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Groups, Including Discontinued Operations	Sale of Manitoba Harvest On February 19, 2019, the Company entered into a definitive agreement with Tilray, Inc. ("Tilray") and a wholly-owned subsidiary of Tilray, 1197879 B.C. Ltd. (“Tilray Subco”), to sell to Tilray, through Tilray Subco, all of the issued and outstanding securities of our majority owned subsidiary, Manitoba Harvest, for total consideration of up to C$419 million . The completion of the sale of Manitoba Harvest was subject to approval by the British Columbia Supreme Court, which occurred on February 21, 2019. The sale closed on February 28, 2019. Subject to certain customary adjustments, the shareholders of Manitoba Harvest, including the Company, received the following from Tilray as consideration for their shares of Manitoba Harvest: (i) C$150 million in cash to the holders of preferred shares of Manitoba Harvest and the holders of common shares of Manitoba Harvest (“Common Holders”) and C$127.5 million in shares of class 2 Common Stock of Tilray (“Tilray Common Stock”) to the Common Holders on the closing date of the sale (the “Closing Date Consideration”), and (ii) C$50 million in cash and C$42.5 million in Tilray Common Stock to the Common Holders on the date that was six months after the closing date of the arrangement (the “Deferred Consideration”). The sale consideration also included a potential earnout of up to C$49 million in Tilray Common Stock to the Common Holders, if Manitoba Harvest achieved certain levels of U.S. branded gross sales of edible or topical products containing broad spectrum hemp extracts or cannabidiols prior to December 31, 2019. The threshold for the earnout was not achieved and no additional amount was recorded related to sale of Manitoba Harvest at December 31, 2019. The cash portion of the Closing Date Consideration was reduced by the amount of the net indebtedness (including accrued interest) of Manitoba Harvest on the closing date of C$71.3 million ( $53.7 million ) and transaction expenses of approximately C$5.0 million . The Company's share of the net proceeds after accounting for the redemption of the noncontrolling shareholders and the payment of net indebtedness of Manitoba Harvest and transaction expenses was approximately $124.2 million in cash proceeds and in Tilray Common Stock. The Company recognized a gain on the sale of Manitoba Harvest of $121.7 million in the first quarter of 2019. In August 2019, the Company received the Deferred Consideration related to the sale. The Company's portion of the Deferred Consideration totaled $28.4 million in cash proceeds and $19.6 million in Tilray Common Stock. The Tilray Common Stock consideration was issued in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act") and pursuant to exemptions from applicable securities laws of any state of the United States, such that any shares of Tilray Common Stock received by the Common Holders were freely tradeable. The Company sold the Tilray Common Stock received as part of the Closing Consideration during March 2019, recognizing a net loss of $5.3 million
Manitoba Harvest
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Note B — Discontinued Operations Sale of Clean Earth On May 8, 2019, the Company, as majority stockholder of CEHI Acquisition Corporation ("Clean Earth" or “CEHI”) and as Sellers’ Representative, entered into a definitive Stock Purchase Agreement (the “Purchase Agreement”) with Calrissian Holdings, LLC (“Buyer”), CEHI, the other holders of stock and options of CEHI and, as Buyer’s guarantor, Harsco Corporation, pursuant to which Buyer would acquire all of the issued and outstanding securities of CEHI, the parent company of the operating entity, Clean Earth, Inc. On June 28, 2019, Buyer completed the acquisition of all of the issued and outstanding securities of CEHI pursuant to the Purchase Agreement. The sale price for Clean Earth was based on an aggregate total enterprise value of $625 million and is subject to customary working capital adjustments. After the allocation of the sale proceeds to Clean Earth non-controlling equity holders, the repayment of intercompany loans to the Company (including accrued interest) of $224.6 million , and the payment of transaction expenses of approximately $10.7 million , the Company received approximately $327.3 million of total proceeds at closing related to our equity interests in Clean Earth. The Company recognized a gain on the sale of Clean Earth of $209.3 million during the year ended December 31, 2019. Summarized results of operations of Clean Earth for the three months ended March 31, 2019 are as follows (in thousands): Three months ended Net sales $ 63,632 Gross profit 16,633 Operating income 1,256 Income from continuing operations before income taxes 991 Benefit for income taxes (1,022 ) Income from discontinued operations (1) $ 2,013 (1) The results of operations for the three months ended March 31, 2019 , excludes $4.7 million of intercompany interest expense. Sale of Manitoba Harvest On February 19, 2019, the Company entered into a definitive agreement with Tilray, Inc. ("Tilray") and a wholly-owned subsidiary of Tilray, 1197879 B.C. Ltd. (“Tilray Subco”), to sell to Tilray, through Tilray Subco, all of the issued and outstanding securities of our majority owned subsidiary, Manitoba Harvest, for total consideration of up to C$419 million . The completion of the sale of Manitoba Harvest was subject to approval by the British Columbia Supreme Court, which occurred on February 21, 2019. The sale closed on February 28, 2019. Subject to certain customary adjustments, the shareholders of Manitoba Harvest, including the Company, received the following from Tilray as consideration for their shares of Manitoba Harvest: (i) C$150 million in cash to the holders of preferred shares of Manitoba Harvest and the holders of common shares of Manitoba Harvest (“Common Holders”) and C$127.5 million in shares of class 2 Common Stock of Tilray (“Tilray Common Stock”) to the Common Holders on the closing date of the sale (the “Closing Date Consideration”), and (ii) C$50 million in cash and C$42.5 million in Tilray Common Stock to the Common Holders on the date that was six months after the closing date of the arrangement (the “Deferred Consideration”). The sale consideration also included a potential earnout of up to C$49 million in Tilray Common Stock to the Common Holders, if Manitoba Harvest achieved certain levels of U.S. branded gross sales of edible or topical products containing broad spectrum hemp extracts or cannabidiols prior to December 31, 2019. The threshold for the earnout was not achieved and no additional amount was recorded related to sale of Manitoba Harvest at December 31, 2019. The cash portion of the Closing Date Consideration was reduced by the amount of the net indebtedness (including accrued interest) of Manitoba Harvest on the closing date of C$71.3 million ( $53.7 million ) and transaction expenses of approximately C$5.0 million . The Company's share of the net proceeds after accounting for the redemption of the noncontrolling shareholders and the payment of net indebtedness of Manitoba Harvest and transaction expenses was approximately $124.2 million in cash proceeds and in Tilray Common Stock. The Company recognized a gain on the sale of Manitoba Harvest of $121.7 million in the first quarter of 2019. In August 2019, the Company received the Deferred Consideration related to the sale. The Company's portion of the Deferred Consideration totaled $28.4 million in cash proceeds and $19.6 million in Tilray Common Stock. The Tilray Common Stock consideration was issued in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act") and pursuant to exemptions from applicable securities laws of any state of the United States, such that any shares of Tilray Common Stock received by the Common Holders were freely tradeable. The Company sold the Tilray Common Stock received as part of the Closing Consideration during March 2019, recognizing a net loss of $5.3 million in Other income/ (expense) during the quarter ended March 31, 2019. In August 2019, the Company sold the Tilray Common Stock received as part of the Deferred Consideration, recognizing a loss of $4.9 million in Other income/ (expense) during the quarter ended September 30, 2019. Summarized results of operations of Manitoba Harvest for the period from January 1, 2019 through the date of disposition are as follows (in thousands): For the period January 1, 2019 through disposition Net revenues $ 10,024 Gross profit 4,874 Operating loss (1,118 ) Loss before income taxes (1,127 ) Benefit for income taxes (541 ) Income (loss) from discontinued operations (1) $ (586 ) (1) The results of operations for the period from January 1, 2019 through the date of disposition excludes $1.0 million of intercompany interest expense.
Disposal Groups, Including Discontinued Operations	Summarized results of operations of Manitoba Harvest for the period from January 1, 2019 through the date of disposition are as follows (in thousands): For the period January 1, 2019 through disposition Net revenues $ 10,024 Gross profit 4,874 Operating loss (1,118 ) Loss before income taxes (1,127 ) Benefit for income taxes (541 ) Income (loss) from discontinued operations (1) $ (586 ) (1) The results of operations for the period from January 1, 2019 through the date of disposition excludes $1.0 million of intercompany interest expense.

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2020
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables provide disaggregation of revenue by reportable segment geography for the three months ended March 31, 2020 and 2019 (in thousands): Three months ended March 31, 2020 5.11 Ergo Liberty Velocity ACI Arnold Foam Sterno Total United States $ 72,427 $ 6,258 $ 24,657 $ 25,879 $ 21,696 $ 18,563 $ 23,587 $ 80,016 $ 273,083 Canada 1,474 700 303 1,920 — 156 — 2,927 7,480 Europe 6,307 5,787 — 1,698 — 8,328 — 58 22,178 Asia Pacific 3,511 5,903 — 246 — 1,395 — 28 11,083 Other international 12,062 1,001 — 647 — 1,116 4,796 3 19,625 $ 95,781 $ 19,649 $ 24,960 $ 30,390 $ 21,696 $ 29,558 $ 28,383 $ 83,032 $ 333,449 Three months ended March 31, 2019 5.11 Ergo Liberty Velocity ACI Arnold Foam Sterno Total United States $ 70,477 $ 7,335 $ 21,736 $ 26,164 $ 23,069 $ 17,916 $ 26,137 $ 85,134 $ 277,968 Canada 1,664 819 468 1,477 — 179 — 5,032 9,639 Europe 7,282 6,531 — 2,201 — 9,770 — 683 26,467 Asia Pacific 3,414 7,306 — 229 — 1,260 — 290 12,499 Other international 5,252 461 — 1,066 — 903 4,545 57 12,284 $ 88,089 $ 22,452 $ 22,204 $ 31,137 $ 23,069 $ 30,028 $ 30,682 $ 91,196 $ 338,857

Operating Segment Data (Tables)

Operating Segment Data (Tables)	3 Months Ended
	Mar. 31, 2020
Segment Reporting [Abstract]
Summary of Net Sales of Operating Segments	Net Revenues Three months ended March 31, (in thousands) 2020 2019 5.11 $ 95,781 $ 88,089 Ergobaby 19,649 22,452 Liberty 24,960 22,204 Velocity Outdoor 30,390 31,137 ACI 21,696 23,069 Arnold 29,558 30,028 Foam Fabricators 28,383 30,682 Sterno 83,032 91,196 Total segment revenue 333,449 338,857 Corporate and other — — Total consolidated revenues $ 333,449 $ 338,857
Summary of Profit (Loss) of Operating Segments	Segment profit (loss) (1) Three months ended March 31, (in thousands) 2020 2019 5.11 $ 4,586 $ 2,338 Ergobaby 1,554 3,136 Liberty 3,145 1,415 Velocity Outdoor (1,164 ) 341 ACI 5,738 6,481 Arnold 1,653 1,477 Foam Fabricators 3,512 3,506 Sterno 5,269 7,982 Total 24,293 26,676 Reconciliation of segment profit (loss) to consolidated income (loss) before income taxes: Interest expense, net (8,597 ) (18,454 ) Other income (expense), net 661 (434 ) Corporate and other (2) (11,255 ) (19,292 ) Total consolidated income (loss) before income taxes $ 5,102 $ (11,504 ) (1) Segment profit (loss) represents operating income (loss). (2)
Summary of Goodwill and Identifiable Assets of Operating Segments	Depreciation and Amortization Expense Three months ended March 31, (in thousands) 2020 2019 5.11 $ 5,152 $ 5,157 Ergobaby 2,053 2,111 Liberty 406 407 Velocity Outdoor 3,247 3,251 ACI 646 669 Arnold 1,631 1,622 Foam Fabricators 3,047 2,997 Sterno 5,624 5,372 Total 21,806 21,586 Reconciliation of segment to consolidated total: Amortization of debt issuance costs and original issue discount 525 1,079 Consolidated total $ 22,331 $ 22,665 Accounts Receivable Identifiable Assets March 31, December 31, March 31, December 31, (in thousands) 2020 2019 2020 (1) 2019 (1) 5.11 $ 50,869 $ 49,543 $ 356,614 $ 357,292 Ergobaby 9,573 10,460 90,969 91,798 Liberty 14,616 13,574 35,600 38,558 Velocity Outdoor 21,959 20,290 186,533 192,288 ACI 7,969 8,318 27,617 24,408 Arnold 19,800 19,043 72,109 72,650 Foam Fabricators 24,290 24,455 154,206 156,914 Sterno 49,134 60,522 251,830 263,530 Allowance for doubtful accounts (14,107 ) (14,800 ) — — Total 184,103 191,405 1,175,478 1,197,438 Reconciliation of segment to consolidated total: Corporate and other identifiable assets — — 247,397 64,531 Assets of discontinued operations — — — — Total $ 184,103 $ 191,405 $ 1,422,875 $ 1,261,969 (1) Does not include accounts receivable balances per schedule above or goodwill balances - refer to Note F - "Goodwill and Other Intangible Assets" .

Property, Plant and Equipment_2

Property, Plant and Equipment and Inventory (Tables)	3 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Summary of Property, Plant and Equipment	March 31, 2020 December 31, 2019 Machinery and equipment $ 193,916 $ 191,897 Furniture, fixtures and other 34,810 36,604 Leasehold improvements 41,311 40,851 Buildings and land 10,005 10,559 Construction in process 11,002 7,992 291,044 287,903 Less: accumulated depreciation (147,245 ) (141,475 ) Total $ 143,799 $ 146,428
Summary of Inventory	Inventory is comprised of the following at March 31, 2020 and December 31, 2019 (in thousands) : March 31, 2020 December 31, 2019 Raw materials $ 60,223 $ 59,888 Work-in-process 14,950 14,318 Finished goods 249,707 262,352 Less: obsolescence reserve (19,244 ) (19,252 ) Total $ 305,636 $ 317,306

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Reconciliation of Change in Carrying Value of Goodwill	A summary of the net carrying value of goodwill at March 31, 2020 and December 31, 2019 , is as follows (in thousands) : Three months ended March 31, 2020 Year ended Goodwill - gross carrying amount $ 496,264 $ 496,264 Accumulated impairment losses (57,745 ) (57,745 ) Goodwill - net carrying amount $ 438,519 $ 438,519 The following is a reconciliation of the change in the carrying value of goodwill for the three months ended March 31, 2020 by operating segment (in thousands) : Balance at January 1, 2020 Acquisitions Goodwill Impairment Other Balance at March 31, 2020 5.11 $ 92,966 $ — $ — $ — $ 92,966 Ergobaby 61,031 — — — 61,031 Liberty 32,828 — — — 32,828 Velocity Outdoor 30,079 — — — 30,079 ACI 58,019 — — — 58,019 Arnold 26,903 — — — 26,903 Foam Fabricators 72,708 — — — 72,708 Sterno 55,336 — — — 55,336 Corporate (1) 8,649 — — — 8,649 Total $ 438,519 $ — $ — $ — $ 438,519 (1) Represents goodwill resulting from purchase accounting adjustments not "pushed down" to the ACI segment. This amount is allocated back to the ACI segment for purposes of goodwill impairment testing.
Summary of Other Intangible Assets	Other intangible assets are comprised of the following at March 31, 2020 and December 31, 2019 (in thousands) : March 31, 2020 December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Customer relationships $ 462,686 $ (163,796 ) $ 298,890 $ 462,686 $ (155,200 ) $ 307,486 Technology and patents 80,370 (30,076 ) 50,294 80,082 (28,748 ) 51,334 Trade names, subject to amortization 189,183 (50,001 ) 139,182 189,183 (46,507 ) 142,676 Licensing and non-compete agreements 7,515 (7,136 ) 379 7,515 (7,050 ) 465 Distributor relations and other 726 (726 ) — 726 (726 ) — Total 740,480 (251,735 ) 488,745 740,192 (238,231 ) 501,961 Trade names, not subject to amortization 59,985 — 59,985 59,985 — 59,985 Total intangibles, net $ 800,465 $ (251,735 ) $ 548,730 $ 800,177 $ (238,231 ) $ 561,946
Summary of Estimated Charges to Amortization Expense of Intangible Assets	Estimated charges to amortization expense of intangible assets for the remainder of 2020 and the next four years, is as follows (in thousands) : 2020 2021 2022 2023 2024 $ 40,566 $ 53,645 $ 52,013 $ 51,616 $ 50,525

Warranties (Tables)

Warranties (Tables)	3 Months Ended
	Mar. 31, 2020
Guarantees [Abstract]
Change in Carrying Value of Company's Warranty Liability	A reconciliation of the change in the carrying value of the Company’s warranty liability for the three months ended March 31, 2020 and the year ended December 31, 2019 is as follows ( in thousands ): Warranty liability Three months ended March 31, 2020 Year ended Beginning balance $ 1,583 $ 1,624 Provision for warranties issued during the period 406 2,238 Fulfillment of warranty obligations (626 ) (2,279 ) Ending balance $ 1,363 $ 1,583

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
Summary of Debt Holdings	he following table provides the Company’s debt holdings at March 31, 2020 and December 31, 2019 (in thousands) : March 31, 2020 December 31, 2019 Senior Notes $ 400,000 $ 400,000 Revolving Credit Facility 200,000 — Less: Unamortized discounts and debt issuance costs (5,336 ) (5,555 ) Long term debt $ 594,664 $ 394,445 Net availability under the 2018 Revolving Credit Facility was approximately $396.4 million at March 31, 2020 . Letters of credit outstanding at March 31, 2020 totaled approximately $3.6 million . At March 31, 2020

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2020
Equity [Abstract]
Summary of Basic and Diluted Earnings Per Share	Basic and diluted earnings per share for the three months ended March 31, 2020 and 2019 attributable to the common shares of Holdings is calculated as follows (in thousands, except per share data) : Three months ended 2020 2019 Loss from continuing operations attributable to common shares of Holdings $ (13,833 ) $ (19,411 ) Less: Effect of contribution based profit - Holding Event 1,517 981 Loss from continuing operations attributable to common shares of Holdings $ (15,350 ) $ (20,392 ) Income from discontinued operations attributable to Holdings $ — $ 123,604 Less: Effect of contribution based profit - Holding Event — — Income from discontinued operations attributable to common shares of Holdings $ — $ 123,604 Basic and diluted weighted average common shares outstanding 59,900 59,900 Basic and fully diluted income (loss) per common share attributable to Holdings Continuing operations $ (0.26 ) $ (0.34 ) Discontinued operations — 2.06 $ (0.26 ) $ 1.72

Noncontrolling Interest (Tables

Noncontrolling Interest (Tables)	3 Months Ended
	Mar. 31, 2020
Noncontrolling Interest [Abstract]
Company's Ownership Percentage of its Majority Owned Operating Segments and Related Noncontrolling Interest	The following tables reflect the Company’s ownership percentage of its majority owned operating segments and related noncontrolling interest balances as of March 31, 2020 and December 31, 2019 : % Ownership (1) March 31, 2020 % Ownership (1) December 31, 2019 Primary Fully Diluted Primary Fully Diluted 5.11 97.6 88.9 97.6 88.9 Ergobaby 81.9 75.8 81.9 75.8 Liberty 91.2 86.0 91.2 86.0 Velocity Outdoor 99.3 87.5 99.3 93.9 ACI 69.4 65.3 69.4 65.4 Arnold 96.7 81.4 96.7 80.2 Foam Fabricators 100.0 91.5 100.0 91.5 Sterno 100.0 87.5 100.0 88.5 (1) The principal difference between primary and diluted percentages of our operating segments is due to stock option issuances of operating segment stock to management of the respective businesses. Noncontrolling Interest Balances (in thousands) March 31, 2020 December 31, 2019 5.11 $ 12,613 $ 12,056 Ergobaby 27,407 27,036 Liberty 3,085 2,936 Velocity Outdoor 3,130 2,506 ACI 4,656 3,670 Arnold 1,292 1,255 Foam Fabricators 2,131 1,873 Sterno (606 ) (884 ) Allocation Interests 100 100 $ 53,808 $ 50,548

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	3 Months Ended
	Mar. 31, 2020
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Carried at Fair Value Measured on Recurring Basis	The following table provides the assets and liabilities carried at fair value measured on a recurring basis at March 31, 2020 and December 31, 2019 ( in thousands ): Fair Value Measurements at March 31, 2020 Carrying Value Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (215 ) $ — $ — $ (215 ) Total recorded at fair value $ (215 ) $ — $ — $ (215 ) (1) Represents put option issued to noncontrolling shareholders in connection with the 5.11 and Liberty acquisitions. Fair Value Measurements at December 31, 2019 Carrying Value Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (111 ) $ — $ — $ (111 ) Total recorded at fair value $ (111 ) $ — $ — $ (111 )
Reconciliations of Change in Carrying Value of Level 3 Fair Value Measurements	Reconciliations of the change in the carrying value of the Level 3 fair value measurements from January 1, 2019 through March 31, 2020 are as follows ( in thousands ): Level 3 Balance at January 1, 2019 $ (4,547 ) Decrease in the fair value of put option of noncontrolling shareholder - Liberty 72 Increase in the fair value of put option of noncontrolling shareholder - 5.11 (10 ) Adjustment to Ravin contingent consideration (1) (2,022 ) Payment of contingent consideration - Ravin (1) 6,396 Balance at December 31, 2019 $ (111 ) Increase in the fair value of put option of noncontrolling shareholder - Liberty (63 ) Increase in the fair value of put option of noncontrolling shareholder - 5.11 (41 ) Balance at March 31, 2020 $ (215 )
Fair Value Measurements, Nonrecurring	The following table provides the assets and liabilities carried at fair value measured on a non-recurring basis as of December 31, 2019. Refer to " Note F – Goodwill and Other Intangible Assets ", for a description of the valuation techniques used to determine fair value of the assets measured on a non-recurring basis in the table below. Expense Fair Value Measurements at December 31, 2019 Year ended (in thousands) Carrying Level 1 Level 2 Level 3 December 31, 2019 Goodwill - Velocity Outdoor $ 30,079 $ — $ — $ 30,079 $ 32,881

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Reconciliation Between Federal Statutory Rate and Effective Income Tax Rate	The reconciliation between the Federal Statutory Rate and the effective income tax rate for the three months ended March 31, 2020 and 2019 is as follows: Three months ended March 31, 2020 2019 United States Federal Statutory Rate 21.0 % (21.0 )% State income taxes (net of Federal benefits) 12.2 2.6 Foreign income taxes (1.6 ) (3.3 ) Expenses of Compass Group Diversified Holdings LLC representing a pass through to shareholders (1) 6.7 30.6 Impact of subsidiary employee stock options 6.2 0.4 Credit utilization (4.5 ) (2.5 ) Non-recognition of NOL carryforwards at subsidiaries (47.1 ) 1.0 Effect of Tax Act 6.2 3.1 Other 5.2 1.5 Effective income tax rate 4.3 % 12.4 % (1)

Defined Benefit Plan (Tables)

Defined Benefit Plan (Tables)	3 Months Ended
	Mar. 31, 2020
Retirement Benefits [Abstract]
Summary of Net Periodic Benefit Cost	Net periodic benefit cost consists of the following for the three months ended March 31, 2020 and 2019 (in thousands ): Three months ended March 31, 2020 2019 Service cost $ 139 $ 127 Interest cost 8 33 Expected return on plan assets (21 ) (40 ) Amortization of unrecognized loss 56 34 Net periodic benefit cost $ 182 $ 154

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Maturities of Lease Liabilities	The maturities of lease liabilities at March 31, 2020 were as follows ( in thousands ): 2020 (excluding three months ended March 31, 2020) $ 19,270 2021 24,165 2022 21,947 2023 15,754 2024 12,426 Thereafter 41,362 Total undiscounted lease payments $ 134,924 Less: Interest 39,345 Present value of lease liabilities $ 95,579
Weighted Average Remaining Lease Term and Discount Rate For Operating Leases	The weighted average remaining lease terms and discount rates for all of our operating leases were as follows as of March 31, 2020 : Lease Term and Discount Rate Weighted-average remaining lease term (years) 6.39 Weighted-average discount rate 7.75 %
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows ( in thousands ): Three months ended March 31, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 7,319 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 4,539

Presentation and Principles o_3

Presentation and Principles of Consolidation - Narrative (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)Segment	Mar. 31, 2019USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on sale of discontinued operations	$ 0	$ 121,659
Gain on sale of discontinued operations	$ 0	$ 121,659
Sole owner of Trust interest of the company	100.00%
Number of reportable operating segments | Segment	8

Discontinued Operations (Detail

Discontinued Operations (Details) $ in Thousands, $ in Millions	Jun. 28, 2019USD ($)	Feb. 28, 2019CAD ($)	Feb. 28, 2019USD ($)	Feb. 28, 2019USD ($)	Mar. 31, 2020USD ($)	Sep. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2019CAD ($)	Aug. 31, 2019USD ($)	Feb. 19, 2019CAD ($)	Feb. 18, 2019CAD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration											$ 419
Disposal Group, Total enterprise value	$ 625,000
Disposal Group, repayment of intercompany loans	224,600
Disposal Group, including discontinued operation, consideration, cash		$ 50								$ 28,400		$ 150
Disposal Group, including discontinued operation, consideration, shares		42.5								$ 19,600		$ 127.5
Disposal Group, Net indebtedness		71.3
disposal group, including discontinued operation, transaction costs		$ 5
Proceeds from sale of businesses					$ 0		$ 124,210
Gain on sale of discontinued operations, net of income tax					0		121,659
Gain on sale of discontinued operations					0		121,659
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal							121,700
Debt and Equity Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment					$ 0	$ (4,900)	(5,300)
Manitoba Harvest [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, including discontinued operation, consideration, shares									$ 49
United States of America, Dollars
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Net indebtedness			$ 53,700
Clean Earth
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
disposal group, including discontinued operation, transaction costs	10,700
Proceeds from sale of businesses	$ 327,300
Disposal Group, Including Discontinued Operation, Intercompany Interest Expense Excluded from Income (Loss) from Discontinued Operations							$ 4,700
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal								$ 209,300
Manitoba Harvest [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of businesses			$ 124,200
Disposal Group, Including Discontinued Operation, Intercompany Interest Expense Excluded from Income (Loss) from Discontinued Operations				$ 1,000

Discontinued Operations - Summa

Discontinued Operations - Summarized Balance Sheet Information (Details) - USD ($) $ in Thousands	2 Months Ended	3 Months Ended
	Feb. 28, 2019	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2019	Dec. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Debt and Equity Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment		$ 0	$ (4,900)	$ (5,300)
Liabilities:
Noncontrolling interest of discontinued operations		53,808			$ 50,548
Income from discontinued operations, net of income tax		$ 0		1,427
Manitoba Harvest [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	$ 10,024
Liabilities:
Disposal Group, Including Discontinued Operation, Gross Profit (Loss)	4,874
Disposal Group, Including Discontinued Operation, Operating Income (Loss)	(1,118)
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	(1,127)
Discontinued Operation, Tax Effect of Discontinued Operation	(541)
Income from discontinued operations, net of income tax	$ (586)
Clean Earth
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue				63,632
Liabilities:
Disposal Group, Including Discontinued Operation, Gross Profit (Loss)				16,633
Disposal Group, Including Discontinued Operation, Operating Income (Loss)				1,256
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax				991
Discontinued Operation, Tax Effect of Discontinued Operation				(1,022)
Income from discontinued operations, net of income tax				$ 2,013

Discontinued Operations - Sum_2

Discontinued Operations - Summarized Operating Results (Details) $ in Thousands, $ in Millions	2 Months Ended	3 Months Ended
	Feb. 28, 2019USD ($)	Mar. 31, 2020USD ($)	Sep. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Feb. 19, 2019CAD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Consideration					$ 419
Debt and Equity Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment		$ 0	$ 4,900	$ 5,300
Income from discontinued operations		$ 0		1,427
Manitoba Harvest
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	$ 10,024
Gross profit	4,874
Operating income (loss)	(1,118)
Income (loss) from continuing operations before income taxes	(1,127)
Provision for income taxes	(541)
Income from discontinued operations	(586)
Disposal Group, Including Discontinued Operation, Intercompany Interest Expense Excluded from Income (Loss) from Discontinued Operations	$ 1,000
Clean Earth
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales				63,632
Gross profit				16,633
Operating income (loss)				1,256
Income (loss) from continuing operations before income taxes				991
Provision for income taxes				(1,022)
Income from discontinued operations				2,013
Disposal Group, Including Discontinued Operation, Intercompany Interest Expense Excluded from Income (Loss) from Discontinued Operations				$ 4,700

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	$ 333,449	$ 338,857
5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	95,781	88,089
Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	19,649	22,452
Liberty
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	24,960	22,204
Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	30,390	31,137
ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	21,696	23,069
Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	29,558	30,028
Foam
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	28,383	30,682
Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	83,032	91,196
United States
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	273,083	277,968
United States | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	72,427	70,477
United States | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	6,258	7,335
United States | Liberty
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	24,657	21,736
United States | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	25,879	26,164
United States | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	21,696	23,069
United States | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	18,563	17,916
United States | Foam
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	23,587	26,137
United States | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	80,016	85,134
Canada
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	7,480	9,639
Canada | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,474	1,664
Canada | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	700	819
Canada | Liberty
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	303	468
Canada | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,920	1,477
Canada | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Canada | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	156	179
Canada | Foam
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Canada | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	2,927	5,032
Europe
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	22,178	26,467
Europe | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	6,307	7,282
Europe | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	5,787	6,531
Europe | Liberty
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Europe | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,698	2,201
Europe | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Europe | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,328	9,770
Europe | Foam
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Europe | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	58	683
Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	11,083	12,499
Asia Pacific | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	3,511	3,414
Asia Pacific | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	5,903	7,306
Asia Pacific | Liberty
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Asia Pacific | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	246	229
Asia Pacific | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Asia Pacific | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,395	1,260
Asia Pacific | Foam
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Asia Pacific | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	28	290
Other international
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	19,625	12,284
Other international | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	12,062	5,252
Other international | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,001	461
Other international | Liberty
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Other international | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	647	1,066
Other international | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0
Other international | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,116	903
Other international | Foam
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	4,796	4,545
Other international | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	$ 3	$ 57

Operating Segment Data - Additi

Operating Segment Data - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)ft²SegmentClientsFacility	Mar. 31, 2019USD ($)
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 22,331	$ 22,665
Number of reportable operating segments | Segment	8
Liberty
Segment Reporting Information [Line Items]
Manufacturing facility area (in square feet) | ft²	300,000
Arnold | Minimum
Segment Reporting Information [Line Items]
Number of clients | Clients	2,000
Foam
Segment Reporting Information [Line Items]
Number Of Manufacturing Facilities | Facility	13
Outside of the United States | Ergobaby
Segment Reporting Information [Line Items]
Concentration risk, percentage	50.00%
Operating Segments
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 21,806	21,586
Operating Segments | 5.11
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	5,152	5,157
Operating Segments | Ergobaby
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	2,053	2,111
Operating Segments | Liberty
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	406	407
Operating Segments | Velocity
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	3,247	3,251
Operating Segments | ACI
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	646	669
Operating Segments | Arnold
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	1,631	1,622
Operating Segments | Foam
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	3,047	2,997
Operating Segments | Sterno
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 5,624	$ 5,372

Operating Segment Data - Summar

Operating Segment Data - Summary of Net Sales of Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	$ 333,449	$ 338,857
5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	95,781	88,089
Liberty
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	24,960	22,204
Velocity
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	30,390	31,137
ACI
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	21,696	23,069
Foam
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	28,383	30,682
Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	83,032	91,196
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	333,449	338,857
Operating Segments | 5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	95,781	88,089
Operating Segments | Ergobaby
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	19,649	22,452
Operating Segments | Liberty
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	24,960	22,204
Operating Segments | Velocity
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	30,390	31,137
Operating Segments | ACI
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	21,696	23,069
Operating Segments | Arnold
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	29,558	30,028
Operating Segments | Foam
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	28,383	30,682
Operating Segments | Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	83,032	91,196
Reconciliation of Segment to Consolidated | Corporate and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	$ 0	$ 0

Operating Segment Data - Summ_2

Operating Segment Data - Summary of Profit (Loss) of Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2019
Segment Reporting, Revenue Reconciling Item [Line Items]
Debt and Equity Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment	$ 0	$ (4,900)	$ (5,300)
Total consolidated income (loss) from continuing operations before income taxes	5,102		(11,504)
Other income (expense), net	661		(434)
Velocity
Segment Reporting, Revenue Reconciling Item [Line Items]
Goodwill, Impairment Loss		$ 32,900
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	24,293		26,676
Operating Segments | 5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	4,586		2,338
Operating Segments | Ergobaby
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	1,554		3,136
Operating Segments | Liberty
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	3,145		1,415
Operating Segments | Velocity
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	(1,164)		341
Operating Segments | ACI
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	5,738		6,481
Operating Segments | Arnold
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	1,653		1,477
Operating Segments | Foam
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	3,512		3,506
Operating Segments | Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	5,269		7,982
Reconciliation of Segment to Consolidated
Segment Reporting, Revenue Reconciling Item [Line Items]
Interest expense, net	(8,597)		(18,454)
Other income (expense), net	661		(434)
Reconciliation of Segment to Consolidated | Corporate and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	$ (11,255)		$ (19,292)

Operating Segment Data - Summ_3

Operating Segment Data - Summary of Depreciation, Goodwill and Identifiable Assets of Operating Segments (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2020		Mar. 31, 2019	Dec. 31, 2019
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, Allowance for Credit Loss		$ (14,107)			$ (14,800)
Identifiable Assets	[1]	1,422,875			1,261,969
Disposal Group, Including Discontinued Operation, Assets		0			0
Depreciation and Amortization Expense		22,331		$ 22,665
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, after Allowance for Credit Loss		184,103			191,405
Identifiable Assets	[1]	1,175,478			1,197,438
Depreciation and Amortization Expense		21,806		21,586
Operating Segments | 5.11
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		50,869			49,543
Identifiable Assets	[1]	356,614			357,292
Depreciation and Amortization Expense		5,152		5,157
Operating Segments | Ergobaby
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		9,573			10,460
Identifiable Assets	[1]	90,969			91,798
Depreciation and Amortization Expense		2,053		2,111
Operating Segments | Liberty
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		14,616			13,574
Identifiable Assets		35,600			38,558	[1]
Depreciation and Amortization Expense		406		407
Operating Segments | Velocity
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		21,959			20,290
Identifiable Assets	[1]	186,533			192,288
Depreciation and Amortization Expense		3,247		3,251
Operating Segments | ACI
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		7,969	[1]		8,318
Identifiable Assets	[1]	27,617			24,408
Depreciation and Amortization Expense		646		669
Operating Segments | Arnold
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		19,800	[1]		19,043
Identifiable Assets	[1]	72,109			72,650
Depreciation and Amortization Expense		1,631		1,622
Operating Segments | Foam
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss	[1]	24,290			24,455
Identifiable Assets	[1]	154,206			156,914
Depreciation and Amortization Expense		3,047		2,997
Operating Segments | Sterno
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		49,134			60,522
Identifiable Assets		251,830			263,530	[1]
Depreciation and Amortization Expense		5,624		5,372
Reconciliation of Segment to Consolidated | Amortization Of Debt Issuance Costs And Original Issue Discount
Segment Reporting, Asset Reconciling Item [Line Items]
Depreciation and Amortization Expense		525		$ 1,079
Reconciliation of Segment to Consolidated | Corporate and other
Segment Reporting, Asset Reconciling Item [Line Items]
Identifiable Assets	[1]	$ 247,397			$ 64,531
[1]	Does not include accounts receivable balances per schedule above or goodwill balances - refer to Note F - "Goodwill and Other Intangible Assets" .

Property, Plant and Equipment_3

Property, Plant and Equipment and Inventory - Summary of Property, Plant and Equipment (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Document Period End Date	Mar. 31, 2020
Depreciation expense	$ 8,301,000	$ 7,996,000
Property, plant and equipment, gross	291,044,000		$ 287,903,000
Construction in process	11,002,000		7,992,000
Less: accumulated depreciation	(147,245,000)		(141,475,000)
Total	143,799,000		146,428,000
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	193,916,000		191,897,000
Furniture, fixtures and other
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	34,810,000		36,604,000
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	41,311,000		40,851,000
Buildings and land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 10,005,000		$ 10,559,000

Property, Plant and Equipment_4

Property, Plant and Equipment and Inventory - Summary of Inventory (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Document Period End Date	Mar. 31, 2020
Depreciation expense	$ 8,301,000	$ 7,996,000
Raw materials	60,223,000		$ 59,888,000
Work-in-process	14,950,000		14,318,000
Finished goods	249,707,000		262,352,000
Less: obsolescence reserve	(19,244,000)		(19,252,000)
Total	$ 305,636,000		$ 317,306,000

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2019	Jan. 01, 2020	Dec. 31, 2019
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 438,519			$ 438,519	$ 438,519
Goodwill - gross carrying amount	496,264				496,264
Goodwill, estimated impairment loss	57,745				$ 57,745
Amortization expense	13,505		$ 13,590
Velocity
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 30,079			30,079
Goodwill, Impairment Loss		$ (32,900)
Impairment assessment assumptions weighted average cost of capital	12.80%	12.20%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent	16.40%
ACI
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 58,019			58,019
5.11
Goodwill And Other Intangible Assets [Line Items]
Goodwill	92,966			92,966
Ergobaby
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 61,031			61,031
Impairment assessment assumptions weighted average cost of capital	15.90%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent	14.00%
Liberty
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 32,828			32,828
Impairment assessment assumptions weighted average cost of capital			14.80%
Arnold
Goodwill And Other Intangible Assets [Line Items]
Goodwill	26,903			26,903
Foam
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 72,708			72,708
Impairment assessment assumptions weighted average cost of capital	13.30%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent	3.80%
Sterno
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 55,336			55,336
Corporate Segment [Member]
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 8,649			$ 8,649

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Summary of Reconciliation of Change in Carrying Value of Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Sep. 30, 2019	Mar. 31, 2019	Mar. 31, 2020	Jan. 01, 2020	Dec. 31, 2019
Goodwill [Line Items]
Goodwill - gross carrying amount				$ 496,264		$ 496,264
Accumulated impairment losses				(57,745)		(57,745)
Goodwill - net carrying amount	$ 438,519			438,519	$ 438,519	$ 438,519
Goodwill [Roll Forward]
Balance as of January 1, 2017	438,519
Balance as of March 31, 2017	438,519
Corporate Segment [Member]
Goodwill [Line Items]
Goodwill - net carrying amount	8,649			8,649	8,649
Goodwill [Roll Forward]
Balance as of January 1, 2017	8,649
5.11
Goodwill [Line Items]
Goodwill - net carrying amount	92,966			92,966	92,966
Goodwill [Roll Forward]
Balance as of January 1, 2017	92,966
Ergobaby
Goodwill [Line Items]
Goodwill - net carrying amount	61,031			61,031	61,031
Goodwill [Roll Forward]
Balance as of January 1, 2017	$ 61,031
Impairment assessment assumptions weighted average cost of capital	15.90%
Liberty
Goodwill [Line Items]
Goodwill - net carrying amount	$ 32,828			32,828	32,828
Goodwill [Roll Forward]
Balance as of January 1, 2017	32,828
Impairment assessment assumptions weighted average cost of capital			14.80%
ACI
Goodwill [Line Items]
Goodwill - net carrying amount	58,019			58,019	58,019
Goodwill [Roll Forward]
Balance as of January 1, 2017	58,019
Arnold
Goodwill [Line Items]
Goodwill - net carrying amount	26,903			26,903	26,903
Goodwill [Roll Forward]
Balance as of January 1, 2017	26,903
Velocity
Goodwill [Line Items]
Goodwill - net carrying amount	30,079			30,079	30,079
Goodwill [Roll Forward]
Balance as of January 1, 2017	$ 30,079
Impairment assessment assumptions weighted average cost of capital	12.80%	12.20%
Goodwill, Impairment Loss		$ 32,900
Sterno
Goodwill [Line Items]
Goodwill - net carrying amount	$ 55,336			$ 55,336	$ 55,336
Goodwill [Roll Forward]
Balance as of January 1, 2017	$ 55,336

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Summary of Other Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Document Period End Date	Mar. 31, 2020
Amortization expense	$ 13,505	$ 13,590
Other intangible assets, gross	740,480		$ 740,192
Total accumulated amortization	(251,735)		(238,231)
Finite-Lived Intangible Assets, Net	488,745		501,961
Trade names, not subject to amortization	59,985		59,985
Intangible Assets, Gross (Excluding Goodwill)	800,465		800,177
Total intangibles, net	548,730		561,946
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	462,686		462,686
Total accumulated amortization	(163,796)		(155,200)
Finite-Lived Intangible Assets, Net	298,890		307,486
Technology and patents
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	80,370		80,082
Total accumulated amortization	(30,076)		(28,748)
Finite-Lived Intangible Assets, Net	50,294		51,334
Trade name
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	189,183		189,183
Total accumulated amortization	(50,001)		(46,507)
Finite-Lived Intangible Assets, Net	139,182		142,676
Licensing and non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	7,515		7,515
Total accumulated amortization	(7,136)		(7,050)
Finite-Lived Intangible Assets, Net	379		465
Distributor relations and other
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	726		726
Total accumulated amortization	(726)		(726)
Finite-Lived Intangible Assets, Net	$ 0		$ 0

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets - Summary of Estimated Charges to Amortization Expense of Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 13,505	$ 13,590
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2018	40,566
2019	53,645
2020	52,013
2021	51,616
2022	$ 50,525

Warranties - Change in Carrying

Warranties - Change in Carrying Value of Company's Warranty Liability (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2018
Schedule of Equity Method Investments [Line Items]
Beginning balance	$ 1,583
Provision for warranties issued during the period	406	$ 2,238
Fulfillment of warranty obligations	(626)	(2,279)
Ending balance	$ 1,363	$ 1,624

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)	Sep. 16, 2014	Mar. 31, 2014	Mar. 31, 2020	Dec. 31, 2019	Apr. 18, 2018
Debt Instrument [Line Items]
Document Period End Date			Mar. 31, 2020
Line of Credit Facility, Maximum Borrowing Capacity			$ 396,400,000
Accumulated amortization			4,192,000	$ 3,667,000
Deferred debt issuance costs, less accumulated amortization			9,060,000	9,585,000
Revolving Credit Facility
Debt Instrument [Line Items]
Long-term Debt			200,000,000	0
FOX Credit Facility | Prime Rate | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate		0.50%
FOX Credit Facility | Prime Rate | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%
Term Loan Facility
Debt Instrument [Line Items]
Deferred debt issuance costs, less accumulated amortization			5,336,000	$ 5,555,000
2014 Credit Agreement | Letter of Credit
Debt Instrument [Line Items]
Credit facility obtained					$ 100,000,000
2014 Credit Agreement | Line of Credit
Debt Instrument [Line Items]
Credit facility obtained					$ 25,000,000
2014 Credit Agreement | Term Loan
Debt Instrument [Line Items]
Original issue discount					99.75%
Debt Instrument, Quarterly Payment, Amount					$ 1,250,000
2014 Credit Agreement | Term Loan | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					500,000,000
Line of Credit Facility, Maximum Borrowing Capacity, Additional Amounts Available For Borrowing					250,000,000
2014 Credit Agreement | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity					600,000,000
Letter of Credit
Debt Instrument [Line Items]
Letter of credit outstanding			$ 3,600,000
Senior notes due 2026 [Member]
Debt Instrument [Line Items]
Debt issuance, aggregate principal amount					$ 400,000,000
Debt Instrument, Interest Rate, Stated Percentage					8.00%
New Interest Rate Swap
Debt Instrument [Line Items]
Interest rate swap agreement with bank, agreement period	3 months

Debt - Issuance Costs (Details)

Debt - Issuance Costs (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Mar. 31, 2019
Debt Instrument [Line Items]
Debt Issuance Costs, Gross	$ 13,252	$ 13,252
Accumulated Amortization, Debt Issuance Costs	(4,192)	(3,667)
Repayments of Debt		298,800	$ 193,800
Deferred debt issuance costs, less accumulated amortization	9,060	9,585
Amortization of debt issuance costs	(525)			$ (927)
Other Noncurrent Assets [Member]
Debt Instrument [Line Items]
Deferred debt issuance costs, less accumulated amortization	3,724	4,030
Other Noncurrent Liabilities [Member]
Debt Instrument [Line Items]
Deferred debt issuance costs, less accumulated amortization	$ 5,336	$ 5,555
Term Loan
Debt Instrument [Line Items]
Write-off of previously capitalized debt issuance costs			8,900
Write off of Original Issue Discount			$ 3,400

Debt - Summary of Debt Holdings

Debt - Summary of Debt Holdings (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Apr. 18, 2018
Debt Instrument [Line Items]
Document Period End Date	Mar. 31, 2020
Senior Notes	$ 400,000	$ 400,000
Less: Unamortized discounts and debt issuance costs	(9,060)	(9,585)
Long term debt	594,664	394,445
Long-term Debt, Fair Value	384,000
Repayments of Debt		298,800	$ 193,800
Revolving Credit Facility
Debt Instrument [Line Items]
Total debt	200,000	0
Term Loan Facility
Debt Instrument [Line Items]
Less: Unamortized discounts and debt issuance costs	$ (5,336)	$ (5,555)
2014 Credit Agreement | Term Loan
Debt Instrument [Line Items]
Debt Instrument, Quarterly Payment, Amount				$ 1,250
Original issue discount				99.75%
2014 Credit Agreement | Term Loan | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity, Additional Amounts Available For Borrowing				$ 250,000
Senior notes due 2026 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				8.00%

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Apr. 30, 2020	Apr. 23, 2020	Jan. 30, 2020	Jan. 23, 2020	Nov. 20, 2019	Oct. 30, 2019	Oct. 24, 2019	Jul. 30, 2019	Jul. 25, 2019	Apr. 30, 2019	Apr. 25, 2019	Jan. 30, 2019	Jan. 24, 2019	Mar. 13, 2018	Jun. 28, 2017	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2019	Dec. 02, 2019
Stockholders Equity [Line Items]
Income (loss) from continuing operations																$ 3,665			$ (14,296)
Distribution Expense, Preferred Shareholders																5,542			3,781
Accrued Distribution Preferred Shareholders																$ 2,869			1,334
Trust shares, authorized (shares)																500,000,000	500,000,000			500,000,000
Preferred Stock, Shares Authorized																50,000,000	50,000,000			50,000,000
Preferred Stock, Redemption Price Per Share					$ 25
Trust shares, voting rights																One vote per share
Holding Event, anniversary since acquisition																5 years
Distribution declared per share				$ 0.36			$ 0.36		$ 0.36		$ 0.36		$ 0.36
Distributions paid				$ 21,564			$ 21,564		$ 21,564		$ 21,564		$ 21,564			$ 21,564			21,564
Net Income Loss Available To Trust Stock Net of Distributions																(13,833)			$ (19,411)
Distributions For Contribution Based Profit Allocation Payments																$ 9,100
Document Period End Date																Mar. 31, 2020
Series B
Stockholders Equity [Line Items]
Preferred Stock, Shares Authorized														4,000,000
Stock Issued During Period, Shares, New Issues														96,500,000
Preferred Stock, Redemption Price Per Share														$ 25
Distribution To Shareholders			$ 1,969			$ 1,969		$ 1,969		$ 1,969		$ 1,969
Series B Preferred Stock [Member]
Stockholders Equity [Line Items]
Accrued Distribution Preferred Shareholders																				$ 1,300
Preferred Stock, Dividend Rate, Percentage														7.875%
Preferred Stock, Shares Issued																4,000,000	4,000,000			4,000,000
Issuance of Trust preferred shares, net of offering costs																$ 96,504	$ 96,504			$ 96,504
Series A Preferred Stock
Stockholders Equity [Line Items]
Preferred Stock, Dividend Rate, Percentage															7.25%
Preferred Stock, Shares Issued																4,000,000	4,000,000			4,000,000
Preferred Stock, Liquidation Preference Per Share															$ 25
Proceeds from Issuance of Preferred Stock and Preference Stock															$ 100,000
Issuance of Trust preferred shares, net of offering costs																$ 96,417	$ 96,417			$ 96,417
Preferred Stock, Redemption Price Per Share															$ 25
Preferred Stock, Cash Distributions Paid, Per Share			$ 453.125000			$ 453.125000		$ 453.125000		$ 453.125000		$ 453.125000
Series A
Stockholders Equity [Line Items]
Preferred Stock, Shares Authorized															4,000,000
Distribution To Shareholders			$ 1,813			$ 1,813		$ 1,813		$ 1,813		$ 1,813
Series B [Member]
Stockholders Equity [Line Items]
Preferred Stock, Cash Distributions Paid, Per Share			$ 492.1875000			$ 492.1875000		$ 492.1875000		$ 492.1875000		$ 492.1875000
Series C Preferred Stock [Member]
Stockholders Equity [Line Items]
Accrued Distribution Preferred Shareholders																				$ 1,500
Preferred Stock, Dividend Rate, Percentage					7.875%															7.875%
Preferred Stock, Shares Issued					4,000,000											4,600,000	4,600,000			4,600,000	600,000
Proceeds from Issuance of Preferred Stock and Preference Stock																				$ 115,000
Stock Issued During Period, Value, New Issues																				111,000
Issuance of Trust preferred shares, net of offering costs																$ 110,997	$ 110,997			$ 110,997
Preferred Stock, Cash Distributions Paid, Per Share			$ 382.81000
Distribution To Shareholders			$ 1,531
Subsequent Event
Stockholders Equity [Line Items]
Distribution declared per share		$ 0.36
Distributions paid		$ 21,564
Subsequent Event | Series B
Stockholders Equity [Line Items]
Distribution To Shareholders	$ 1,969
Subsequent Event | Series A Preferred Stock
Stockholders Equity [Line Items]
Preferred Stock, Cash Distributions Paid, Per Share	$ 453.125000
Subsequent Event | Series A
Stockholders Equity [Line Items]
Distribution To Shareholders	$ 1,813
Subsequent Event | Series B [Member]
Stockholders Equity [Line Items]
Preferred Stock, Cash Distributions Paid, Per Share	$ 492.1875000
Subsequent Event | Series C Preferred Stock [Member]
Stockholders Equity [Line Items]
Preferred Stock, Cash Distributions Paid, Per Share	$ 492.1875000
Distribution To Shareholders	$ 2,264
Trust Common Shares
Stockholders Equity [Line Items]
Stock Issued During Period, Shares, New Issues															96,400,000
Liberty
Stockholders Equity [Line Items]
Distributions For Contribution Based Profit Allocation Payments																$ 3,300
Discontinued Operations, Disposed of by Sale [Member] | Clean Earth
Stockholders Equity [Line Items]
Distributions For Contribution Based Profit Allocation Payments																	43,300
Discontinued Operations, Disposed of by Sale [Member] | Clean Earth | Manitoba Harvest
Stockholders Equity [Line Items]
Distributions For Contribution Based Profit Allocation Payments																		$ 8,000
Discontinued Operations, Disposed of by Sale [Member] | Manitoba Harvest
Stockholders Equity [Line Items]
Distributions For Contribution Based Profit Allocation Payments																	$ 9,100

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net Income Loss Available To Trust Stock Net of Distributions	$ (13,833)	$ (19,411)
Less: Effect of contribution based profit - Holding Event	1,517	981
Loss from continuing operations attributable to common shares of Holdings	(15,350)	(20,392)
Income from discontinued operations, net of income tax	$ 0	$ 1,945
Basic and diluted weighted average shares outstanding (shares)	59,900	59,900
Continuing operations (usd per share)	$ (0.26)	$ (0.34)
Discontinued operations (usd per share)	0	2.06
Earnings Per Share, Basic and Diluted (usd per share)	$ (0.26)	$ 1.72
Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Less: Effect of contribution based profit - Holding Event	$ 0	$ 0
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	0	123,604
Income from discontinued operations, net of income tax	$ 0	$ 123,604

Noncontrolling Interest - Compa

Noncontrolling Interest - Company's Ownership Percentage of its Majority Owned Operating Segments and Related Noncontrolling Interest (Detail) - USD ($) $ in Thousands		Mar. 31, 2020	Dec. 31, 2019
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 53,808	$ 50,548
5.11 | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]		97.60%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	97.60%
5.11 | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]		88.90%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	88.90%
Ergobaby | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]		81.90%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	81.90%
Ergobaby | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]		75.80%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	75.80%
Liberty | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	91.20%	91.20%
Liberty | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	86.00%	86.00%
Velocity Outdoor | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]		99.30%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	99.30%
Velocity Outdoor | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]		93.90%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	87.50%
ACI | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	69.40%	69.40%
ACI | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	65.30%	65.40%
Arnold | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	96.70%	96.70%
Arnold | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	81.40%	80.20%
Foam Fabricators | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	100.00%	100.00%
Foam Fabricators | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	91.50%	91.50%
Sterno | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	100.00%	100.00%
Sterno | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	87.50%	88.50%
Arnold
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 1,292	$ 1,255
Sterno
Noncontrolling Interest [Line Items]
Noncontrolling interest		(606)	(884)
Velocity
Noncontrolling Interest [Line Items]
Noncontrolling interest		3,130	2,506
Liberty
Noncontrolling Interest [Line Items]
Noncontrolling interest		3,085	2,936
Ergobaby
Noncontrolling Interest [Line Items]
Noncontrolling interest		27,407	27,036
5.11
Noncontrolling Interest [Line Items]
Noncontrolling interest		12,613	12,056
ACI
Noncontrolling Interest [Line Items]
Noncontrolling interest		4,656	3,670
Allocation Interests [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest		100	100
Foam Fabricators
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 2,131	$ 1,873
[1]	principal difference between primary and diluted percentages of our operating segments is due to stock option issuances of operating segment stock to management of the respective businesses. Noncontrolling Interest Balances (in thousands) March 31, 2020 December 31, 2019 5.11 $ 12,613 $ 12,056 Ergobaby 27,407 27,036 Liberty 3,085 2,936 Velocity Outdoor 3,130 2,506 ACI 4,656 3,670 Arnold 1,292 1,255 Foam Fabricators 2,131 1,873 Sterno (606 ) (884 ) Allocation Interests 100 100 $ 53,808 $ 50,548

Fair Value Measurement - Summar

Fair Value Measurement - Summary of Liabilities Carried at Fair Value Measured on Recurring Basis (Detail) - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019	Jan. 31, 2019	Apr. 18, 2018	Feb. 26, 2018
Liabilities:
Total recorded at fair value	$ (215)	$ (111)	$ (4,547)
Fair Value, Measurements, Recurring | Carrying Value
Liabilities:
Put option of noncontrolling shareholders	(215)	(111)
Total recorded at fair value	(215)	(111)
Fair Value, Measurements, Recurring | Level 1 | Fair Value
Liabilities:
Put option of noncontrolling shareholders	0	0
Total recorded at fair value	0	0
Fair Value, Measurements, Recurring | Level 2 | Fair Value
Liabilities:
Put option of noncontrolling shareholders	0	0
Total recorded at fair value	0	0
Fair Value, Measurements, Recurring | Level 3 | Fair Value
Liabilities:
Put option of noncontrolling shareholders	(215)	(111)
Total recorded at fair value	$ (215)	$ (111)
Rimports
Liabilities:
Contingent consideration					$ (25,000)
Senior notes due 2026 [Member]
Liabilities:
Debt issuance, aggregate principal amount				$ 400,000

Fair Value Measurement - Reconc

Fair Value Measurement - Reconciliations of Change in Carrying Value of Level 3 Fair Value Measurements (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of liability, Beginning balance	$ (111)
Fair value of liability, Ending balance	(215)	$ (111)
Ravin [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Payment of contingent consideration		(2,022)
5.11
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Issuances	(41)	(10)
Northern International, Inc. [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability		6,396
Liberty
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration - Rimports (1)	$ (63)	$ 72

Fair Value Measurement - Assets

Fair Value Measurement - Assets Measured on Nonrecurring Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Mar. 31, 2020	Sep. 30, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	$ 400,000	$ 400,000
Long-term Debt, Fair Value		$ 384,000
Ravin [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration	(6,400)		$ (4,700)
Velocity | Goodwill [Member] | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset Impairment Charges	32,881
Velocity | Goodwill [Member] | Carrying Value | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure	$ 30,079

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2018	Feb. 26, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Document Period End Date	Mar. 31, 2020
Line of Credit Facility, Maximum Borrowing Capacity	$ 396.4
Rimports
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration				$ 25
Ravin [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration		$ 6.4	$ 4.7

Income Taxes - Reconciliation b

Income Taxes - Reconciliation between Federal Statutory Rate and Effective Income Tax Rate (Detail)	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Tax Contingency [Line Items]
United States Federal Statutory Rate	21.00%	(21.00%)
State income taxes (net of Federal benefits)	12.20%	2.60%
Foreign income taxes	(1.60%)	(3.30%)
Expenses of Compass Group Diversified Holdings, LLC representing a pass through to shareholders	6.70%	30.60%
Impact of subsidiary employee stock options	6.20%	0.40%
Credit utilization	(4.50%)	(2.50%)
Non-recognition of NOL carryforwards at subsidiaries	(47.10%)	1.00%
Effect of Tax Act	6.20%	3.10%
Other	5.20%	1.50%
Effective income tax rate	4.30%	12.40%

Defined Benefit Plan - Addition

Defined Benefit Plan - Additional Information (Detail) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0.1
Unfunded liability	4.2
Expected contribution to the Foreign Plan	$ 1.1

Defined Benefit Plan - Summary

Defined Benefit Plan - Summary of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Retirement Benefits [Abstract]
Service cost	$ 139	$ 127
Interest cost	8	33
Expected return on plan assets	(21)	(40)
Amortization of unrecognized loss	56	34
Net periodic benefit cost	$ 182	$ 154

Commitments and Contingencies -

Commitments and Contingencies - Components of Operating Leases (Details) $ in Millions	3 Months Ended
	Mar. 31, 2020USD ($)
Commitments and Contingencies Disclosure [Abstract]
Operating lease cost	$ 7.3

Commitments and Contingencies_2

Commitments and Contingencies - Maturity of Lease Liabilities (Details) $ in Thousands	Mar. 31, 2020USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 19,270
2020	24,165
2021	21,947
2022	15,754
2023	12,426
Thereafter	41,362
Total undiscounted lease payments	134,924
Less: Interest	39,345
Present value of lease liabilities	$ 95,579

Commitments and Contingencies_3

Commitments and Contingencies - Lease Term and Discount Rate (Details)	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Weighted-average remaining lease term (years)	6 years 4 months 20 days
Weighted-average discount rate	7.75%

Commitments and Contingencies_4

Commitments and Contingencies - Supplemental Cash Flow Information Related to Leases (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2020USD ($)
Commitments and Contingencies Disclosure [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 4,539
Operating cash flows from operating leases	$ 7,319

Commitments and Contingencies S

Commitments and Contingencies Supplemental Balance Sheet Information (Details) $ in Thousands	Mar. 31, 2020USD ($)
Leases [Abstract]
Operating Lease, Right-of-Use Asset	$ 91,830
Operating Lease, Liability, Current	18,721
Operating Lease, Liability, Noncurrent	$ 76,858

- Narrative (Details)

- Narrative (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2018
Related Party Transaction [Line Items]
Line of Credit Facility, Increase (Decrease), Net	$ 200
Line of Credit Facility, Maximum Borrowing Capacity	$ 396.4
Document Period End Date	Mar. 31, 2020
Foam
Related Party Transaction [Line Items]
Integration service fees payable			$ 2.3
Business Combination, Integration Related Costs			$ 0.3	$ 2
Related Party Vendor [Member]
Related Party Transaction [Line Items]
Ownership Percentage, Related Party Vendors	40.00%
Related Party Transaction, Purchases from Related Party	$ 0.5	$ 1.3

Subsequent Event (Detail)

Subsequent Event (Detail) - USD ($)	Apr. 20, 2020	Mar. 31, 2020	Dec. 31, 2019	Apr. 18, 2018
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 396,400,000
Senior notes due 2026 [Member]
Subsequent Event [Line Items]
Debt issuance, aggregate principal amount				$ 400,000,000
Debt Instrument, Interest Rate, Stated Percentage				8.00%
Revolving Credit Facility
Subsequent Event [Line Items]
Long-term Debt		$ 200,000,000	$ 0
Line of Credit | Revolving Credit Facility | 2014 Credit Agreement
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 600,000,000
Term Loan | 2014 Credit Agreement
Subsequent Event [Line Items]
Debt Instrument, Quarterly Payment, Amount				$ 1,250,000
Original issue discount				99.75%
Term Loan | Revolving Credit Facility | 2014 Credit Agreement
Subsequent Event [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 500,000,000
Line of Credit Facility, Maximum Borrowing Capacity, Additional Amounts Available For Borrowing				$ 250,000,000
Marucci [Member] | Subsequent Event
Subsequent Event [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs	$ 200,000,000
Business Combination, Step Acquisition, Equity Interest in Acquiree, Including Subsequent Acquisition, Percentage	92.00%