Compass Diversified (CODI) 10-Q 28 Oct 21 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2021	Oct. 22, 2021
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
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		65,950,695
Entity Central Index Key	0001345126
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
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 beneficial interests 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 beneficial interests 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 beneficial interests in Compass Diversified Holdings
Trading Symbol	CODI PR C
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 70,239	$ 66,402
Accounts receivable, net	258,941	213,695
Inventories, net	486,596	353,967
Prepaid expenses and other current assets	48,585	40,798
Disposal Group, Including Discontinued Operation, Assets, Current	0	33,505
Total current assets	864,361	708,367
Property, plant and equipment, net	169,507	163,118
Goodwill	912,203	733,175
Intangible assets, net	780,340	834,145
Other non-current assets	113,882	105,840
Disposal Group, Including Discontinued Operation, Assets, Noncurrent	0	53,873
Total assets	2,840,293	2,598,518
Current liabilities:
Accounts payable	111,039	94,176
Accrued expenses	187,042	147,216
Due to related party	11,771	10,137
Other current liabilities	33,976	27,956
Disposal Group, Including Discontinued Operation, Liabilities, Current	0	15,230
Total current liabilities	343,828	294,715
Deferred Income Tax Liabilities, Net	84,613	81,726
Long-term debt	1,122,721	899,460
Other non-current liabilities	90,415	91,334
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent	0	11,135
Total liabilities	1,641,577	1,378,370
Stockholders’ equity
Trust common shares, no par value, 500,000 authorized; 65,530 shares issued and outstanding at September 30, 2021 and 64,900 issued and outstanding at December 31, 2020	1,027,086	1,008,564
Accumulated other comprehensive loss	(1,305)	(1,456)
Accumulated deficit	(289,799)	(211,002)
Total stockholders’ equity attributable to Holdings	1,039,900	1,100,024
Noncontrolling interest	158,816	116,288
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operation	0	(3,836)
Total stockholders’ equity	1,198,716	1,220,148
Total liabilities and stockholders’ equity	2,840,293	$ 2,598,518
Present value of lease liabilities	$ 110,113
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	Sep. 30, 2021	Dec. 31, 2020
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)	65,530,000	64,900,000
Trust shares, outstanding (shares)	65,530,000	64,900,000
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Accounts Receivable, Allowance for Credit Loss	$ 17,489	$ 18,255
Accumulated Amortization, Debt Issuance Costs, Noncurrent	$ 6,976	$ 2,806
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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Basic and fully diluted income (loss) per share attributable to Holdings, discontinued operations (usd per share)	$ 1.10	$ 0.06	$ 1.23	$ 0.13
Basic and fully diluted income (loss) per share attributable to Holdings, continuing operations (usd per share)	$ (0.13)	$ 0.02	$ (0.46)	$ (0.46)
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	$ (145)	$ 322	$ 522	$ 626
Gain on sale of discontinued operations	72,745	100	72,745	100
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total	28,276	16,670	45,153	14,507
Net revenues	488,158	387,717	1,372,266	1,005,380
Cost of revenues	296,027	242,045	818,307	635,763
Gross profit	192,131	145,672	553,959	369,617
Operating expenses:
Selling, general and administrative expense	118,818	90,785	337,815	252,448
Management fees	12,398	9,534	34,504	23,061
Amortization expense	19,056	15,222	56,502	43,506
Operating income	41,859	30,131	125,138	50,602
Other income (expense):
Interest expense, net	(13,855)	(12,351)	(42,607)	(32,122)
Amortization of debt issuance costs	(759)	(660)	(2,167)	(1,795)
Gain (Loss) on Extinguishment of Debt	0	0	(33,305)	0
Other income (expense), net	1,031	(450)	(1,906)	(2,178)
Provision for income taxes	9,556	396	24,662	6,120
Net income	90,156	20,903	100,901	18,417
Less: Net income from continuing operations attributable to noncontrolling interest	(2,201)	(1,395)	(7,915)	(3,377)
Net income attributable to Holdings	$ 88,100	$ 19,186	$ 92,464	$ 14,414
Basic income (loss) per common share attributable to Holdings (refer to Note J)
Earnings Per Share, Basic and Diluted (usd per share)	$ 0.97	$ 0.08	$ 0.77	$ (0.33)
Weighted average number of shares of trust stock outstanding – basic and fully diluted (in shares)	65,008	64,900	64,936	62,556
Cash distributions declared per share (refer to Note J) (usd per share)	$ 1.24	$ 0.36	$ 1.96	$ 1.08
Velocity
Net revenues	$ 76,901	$ 70,629	$ 205,891	$ 148,240

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net income	$ 90,156	$ 20,903	$ 100,901	$ 18,417
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(1,339)	913	(734)	(1,038)
Cost of revenues	296,027	242,045	818,307	635,763
Other comprehensive income (loss)
Pension benefit liability, net	(16)	168	885	524
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(1,355)	1,081	151	(514)
Total comprehensive income attributable to Holdings, net of tax	88,801	21,984	101,052	17,903
Less: Net income attributable to noncontrolling interests	2,056	1,717	8,437	4,003
Less: Other comprehensive income attributable to noncontrolling interests	7	39	30	16
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ 86,738	$ 20,228	$ 92,585	$ 13,884

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders' Equity - USD ($) $ in Thousands	Total	Trust Common Shares	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Stockholders' Equity Attributable to Holdings	Non- Controlling Interest	Non Controlling Interest Of Discontinued Operations [Member]	Lugano	Marucci [Member]	Marucci [Member]Non- Controlling Interest	Lugano	LuganoNon- Controlling Interest	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						$ 47,612
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							$ 2,936
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	18,417		14,414		14,414
Total comprehensive income, net	(514)			(514)	(514)
Stock Issued During Period, Value, New Issues	(83,884)	(83,884)			(83,884)
Option activity attributable to noncontrolling shareholders	6,116					6,094	22
Effect of subsidiary stock option exercise	2,456					2,456
Noncontrolling Interest, Increase from Sale of Parent Equity Interest	(3,456)					(3,456)
Noncontrolling Interest, Increase from Business Combination	11,127									$ 11,127
Distribution Expense, Allocation Interests	(9,087)		(9,087)		(9,087)
Distributions paid														$ (17,633)	$ (17,633)	$ (17,633)				$ (66,492)	$ (66,492)	$ (66,492)
Ending balance at Sep. 30, 2020	1,190,693	1,008,564	(188,136)	(4,447)	1,119,899								96,417				96,504		110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest						3,377
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	626						626
Noncontrolling interest						64,562
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							3,254
Beginning balance at Jun. 30, 2020	1,196,882	1,008,588	(177,912)	(5,528)	1,129,066								96,417				96,504		110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	20,903		19,186		19,186
Total comprehensive income, net	1,081			1,081	1,081
Stock Issued During Period, Value, New Issues	(24)	(24)			(24)
Option activity attributable to noncontrolling shareholders	2,171					2,163	8
Effect of subsidiary stock option exercise	2,203					2,203
Noncontrolling Interest, Increase from Sale of Parent Equity Interest	(3,113)					(3,113)
Distribution Expense, Allocation Interests	0
Distributions paid														(6,046)	(6,046)	(6,046)				(23,364)	(23,364)	(23,364)
Ending balance at Sep. 30, 2020	1,190,693	1,008,564	(188,136)	(4,447)	1,119,899								96,417				96,504		110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest						1,395
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	322
Noncontrolling interest						67,210
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							3,584
Noncontrolling interest	116,288					116,288			$ 11,386		$ 0
Issuance of Trust preferred shares, net of offering costs																		$ 110,997
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							3,836
Beginning balance at Dec. 31, 2020	1,220,148	1,008,564	(211,002)	(1,456)	1,100,024								96,417				96,504		110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	100,901		92,464		92,464
Total comprehensive income, net	151			151	151
Stock Issued During Period, Value, New Issues	(18,522)	(18,522)			(18,522)
Option activity attributable to noncontrolling shareholders	8,513					8,496	17
Effect of subsidiary stock option exercise	1,222					1,222
Purchase of noncontrolling interest	(50,462)					(41,830)
Noncontrolling Interest, Increase from Sale of Parent Equity Interest			(8,632)		(8,632)
Noncontrolling Interest, Increase from Business Combination	68,000											$ 68,000
Noncontrolling Interest, Decrease from Deconsolidation								$ (4,375)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(1,275)					(1,275)
Distribution Expense, Allocation Interests	(17,289)		(17,289)		(17,289)
Distributions paid														(18,136)	(18,136)	(18,136)				(127,204)	(127,204)	(127,204)
Ending balance at Sep. 30, 2021	1,198,716	1,027,086	(289,799)	(1,305)	1,039,900								96,417				96,504		110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest						7,915
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	522						522
Noncontrolling interest						126,619
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							4,517
Beginning balance at Jun. 30, 2021	1,172,997	1,008,564	(270,671)	50	1,041,861								96,417				96,504		110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	90,156		88,100		88,100
Total comprehensive income, net	(1,355)			(1,355)	(1,355)
Stock Issued During Period, Value, New Issues	(18,522)	(18,522)			(18,522)
Option activity attributable to noncontrolling shareholders	2,895					2,892	3
Effect of subsidiary stock option exercise	837					837
Noncontrolling Interest, Increase from Sale of Parent Equity Interest	(49,090)		(8,632)		(8,632)	(40,458)
Noncontrolling Interest, Increase from Business Combination	68,000											$ 68,000
Noncontrolling Interest, Decrease from Deconsolidation								$ (4,375)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(1,275)					(1,275)
Distribution Expense, Allocation Interests	(12,075)		(12,075)		(12,075)
Distributions paid														$ (6,045)	$ (6,045)	$ (6,045)				$ (80,476)	$ (80,476)	$ (80,476)
Ending balance at Sep. 30, 2021	1,198,716	$ 1,027,086	$ (289,799)	$ (1,305)	$ 1,039,900								$ 96,417				$ 96,504		$ 110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest						2,201
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	(145)
Noncontrolling interest	$ 158,816					$ 158,816			$ 12,956		$ 68,272
Issuance of Trust preferred shares, net of offering costs																		$ 110,997
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations							$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income	$ 100,901	$ 18,417
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	7,665	9,930
Gain on sale of discontinued operations	72,745	100
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax	72,745	100
Income from continuing operations	20,491	8,387
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation expense	28,896	24,459
Amortization	56,502	47,886
Amortization of debt issuance costs and premium	2,084	1,656
Gain (Loss) on Extinguishment of Debt	(33,305)	0
Noncontrolling stockholder stock based compensation	8,496	6,094
Provision for receivable and inventory reserves	4,366	4,423
Deferred taxes	2,587	(3,351)
Other	541	1,776
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(20,555)	(37,058)
Inventories	(48,532)	(17,957)
Other current and non-current assets	(6,957)	(283)
Accounts payable and accrued expenses	61,324	64,959
Cash provided by operating activities - continuing operations	142,548	100,991
Net Cash Provided by (Used in) Operating Activities, Total	147,148	112,872
Cash Provided by (Used in) Operating Activities, Discontinued Operations	4,600	11,881
Payments to Acquire Businesses, Net of Cash Acquired	(302,110)	(212,834)
Cash flows from investing activities:
Purchases of property and equipment	(28,001)	(19,189)
Proceeds from Divestiture of Businesses	101,014	100
Other investing activities	(791)	(3,642)
Cash used in investing activities - continuing operations	(229,888)	(235,565)
Cash Provided by (Used in) Investing Activities, Discontinued Operations	27,459	(937)
Proceeds from Issuance of Common Stock	18,522	83,884
Cash flows from financing activities:
Borrowings under credit facility	365,000	200,000
Repayments under credit facility	(538,000)	(200,000)
Proceeds from Issuance of Senior Long-term Debt	1,000,000	202,000
Repayments of Secured Debt	(627,688)	0
Distributions paid - common shares	(127,204)	(66,492)
Distributions paid - preferred shares	(18,136)	(17,633)
Distributions paid - allocation interests	(17,289)	(9,087)
Payments to Noncontrolling Interests	(1,275)	0
Proceeds from noncontrolling interests- acquisition	68,000	11,127
Net proceeds provided by noncontrolling shareholders	1,222	252
Purchase of noncontrolling interest	(50,462)	(1,253)
Payments of Debt Issuance Costs	(17,389)	(3,214)
Other	(429)	811
Net cash provided by financing activities	54,872	200,395
Foreign currency impact on cash	(96)	(260)
Net (decrease) increase in cash and cash equivalents	(505)	76,505
Cash and cash equivalents — beginning of period (1)	70,744	100,314
Cash and cash equivalents — end of period	70,239	176,819
Net Cash Provided by (Used in) Investing Activities, Total	(202,429)	(236,502)
Gain on sale of discontinued operations, net of income tax	$ 72,745	$ 100

Presentation and Principles of

Presentation and Principles of Consolidation	9 Months Ended
	Sep. 30, 2021
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 Third Amended and Restated Trust Agreement, dated as of August 3, 2021 (as amended and restated, the "Trust Agreement"), the Trust is sole owner of 100% of the Trust Interests (as defined in the Company’s Sixth Amended and Restated Operating Agreement, dated as of August 3, 2021 (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 ten businesses, or reportable operating segments, at September 30, 2021. The segments are as follows: 5.11 Acquisition Corp. ("5.11"), Boa Holdings Inc. ("BOA"), The Ergo Baby Carrier, Inc. ("Ergobaby"), Lugano Diamonds & Jewelry, Inc. ("Lugano Diamonds" or "Lugano"), Marucci Sports, LLC ("Marucci Sports" or "Marucci"), Velocity Outdoor, Inc. ("Velocity Outdoor" or "Velocity") (formerly Crosman Corp.), Compass AC Holdings, Inc. ("ACI" or "Advanced Circuits"), AMT Acquisition Corporation ("Arnold"), FFI Compass, Inc. ("Altor Solutions" or "Altor") (formerly "Foam Fabricators"), and The Sterno Group, LLC ("Sterno"). Refer to Note E - "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 and nine month periods ended September 30, 2021 and September 30, 2020 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, 2020. 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 third quarter of 2021, the Company completed the sale of Liberty Safe Holding Corporation ("Liberty"). The results of operations of Liberty are reported as discontinued operations in the condensed consolidated statements of operations for the three and nine months ended September 30, 2021 and September 30, 2020. Refer to Note C - "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 quarters produce the highest net sales during our fiscal year. Change in Company Tax Status Election On August 3, 2021, upon approval by the shareholders of the Trust, the Trust and the Company amended the Second Amended and Restated Trust Agreement of the Trust and the Fifth Amended and Restated Operating Agreement of the Company to authorize the Company to cause the Trust to elect to be treated as a corporation for U.S. federal income tax purposes and, at its discretion in the future, cause the Trust to be converted to a corporation. Effective September 1, 2021 (the "Effective Date"), the Trust elected to be treated as a corporation for U.S. federal income tax purposes. Prior to the Effective Date, the Trust was treated as a partnership for U.S. federal income tax purposes and the Trust’s items of income, gain, loss and deduction flowed through from the Trust to the shareholders, and the Trust shareholders were subject to income taxes on their allocable share of the Trust’s income and gain. After the Effective Date, the trust will be taxed as a corporation and be subject to U.S. federal corporate income tax at the Trust level, but items of income, gain, loss and deduction will not flow through to Trust shareholders. Trust shareholders will no longer receive an IRS Schedule K-1. After the Effective Date, distributions from the Trust will be treated as dividends to the extent the Trust has accumulated or current earnings and profits. If the Trust does not have current or accumulated earnings and profits available for distribution, then the distribution will be treated as a return of capital and reduce Trust shareholders’ basis in their shares. Prior to the Effective Date, each of the Company’s majority owned subsidiaries were treated as corporations for U.S. federal income tax purposes. The election did not change the tax status of any Company subsidiary, and each majority owned Company subsidiary is still treated as a corporation for U.S. federal income tax purposes. Recently Adopted Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This guidance removes certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period, and the recognition of deferred tax liabilities for outside basis differences. This guidance also clarifies and simplifies other areas of ASC 740. The guidance was effective for fiscal years and interim periods beginning after December 15, 2020 and early adoption is permitted. The adoption of this guidance on January 1, 2021 did not have a material impact on our consolidated financial statements.

Acquisition

Acquisition	9 Months Ended
	Sep. 30, 2021
Acquisitions [Abstract]
Business Combination Disclosure [Text Block]	ote B — Acquisitions Acquisition of Lugano Diamonds & Jewelry, Inc. On September 3, 2021, the Company, through its newly formed acquisition subsidiaries, Lugano Holding, Inc., a Delaware corporation (“Lugano Holdings”), and Lugano Buyer, Inc., a Delaware corporation (“Lugano Buyer”) and a wholly-owned subsidiary of Lugano Holdings, acquired the issued and outstanding shares of stock of Lugano Diamonds & Jewelry Inc. ("Lugano") other than the Rollover Shares described below (the “Lugano Transaction”). The Lugano Transaction was effectuated pursuant to a Stock Purchase Agreement (the “Lugano Purchase Agreement”), also dated September 3, 2021, by and among Lugano Buyer, the Sellers named therein (“Sellers”) and Mordechai Haim Ferder in his individual capacity and as initial representative of the Sellers. Lugano is a leading designer, manufacturer and marketer of high-end, one-of-a-kind jewelry sought after by some of the world’s most discerning clientele. Lugano conducts sales via its own retail salons as well as pop-up showrooms at Lugano-hosted or sponsored events in partnership with influential organizations in the equestrian, art and philanthropic community. Lugano is headquartered in Newport Beach, California. The Company made loans to, and purchased a 60% equity interest in, Lugano. The purchase price, including proceeds from noncontrolling shareholders and net of transaction costs, was $265.7 million. The selling shareholders invested in the transaction along with the Company, representing 40% initial noncontrolling interest on both a primary and fully diluted basis. The fair value of the noncontrolling interest was determined based on the enterprise value of the acquired entity multiplied by the ratio of the number of shares acquired by the minority holders to total shares. The transaction was accounted for as a business combination. CGM acted as an advisor to the Company in the acquisition and will continue to provide integration services during the first year of the Company's ownership of Lugano. CGM will receive integration service fees of $2.3 million payable quarterly over a twelve month period as services are rendered which payments began in the quarter ended December 31, 2021. The Company incurred $1.8 million of transaction costs in conjunction with the Lugano acquisition, which was included in selling, general and administrative expense in the consolidated statements of operations during the third quarter of 2021. The Company funded the acquisition with cash on hand and a $120 million draw on its 2021 Revolving Credit Facility. The results of operations of Lugano have been included in the consolidated results of operations since the date of acquisition. Lugano's results of operations are reported as a separate operating segment as a branded consumer business. The table below provides the provisional recording of assets acquired and liabilities assumed as of the date of acquisition. A full and detailed valuation of the assets and liabilities of Lugano is in process and the information related to the purchase price allocation remains provisional at this time. The purchase price allocation for Lugano is expected to result in a step up in the fair value of the inventory and property, plant and equipment, as well as a portion of the purchase price allocated to intangible assets. Goodwill will be calculated as the excess of the consideration transferred over the fair value of the identifiable net assets acquired and represents the future economic benefits expected to arise from other intangible assets acquired that do not qualify for separate recognition, including assembled workforce and non-contractual relationships. The goodwill resulting from the purchase price allocation is expected to be deductible for income tax purposes. (in thousands) Preliminary Purchase Price Allocation Assets: Cash $ 1,433 Accounts receivable (1) 20,954 Inventory 85,794 Property, plant and equipment 2,743 Goodwill 158,780 Other current and noncurrent assets 4,979 Total assets $ 274,683 Liabilities and noncontrolling interest: Current liabilities $ 7,129 Other liabilities 99,381 Deferred tax liabilities — Noncontrolling interest 68,000 Total liabilities and noncontrolling interest $ 174,510 Net assets acquired $ 100,173 Noncontrolling interest 68,000 Intercompany loans to business 99,381 $ 267,554 Acquisition consideration Purchase price $ 256,000 Cash acquired (estimated) 1,554 Net working capital adjustment 10,000 Total purchase consideration $ 267,554 Less: Transaction costs 1,827 Net purchase price $ 265,727 (1) The fair value of accounts receivable approximates book value acquired. Acquisition of Marucci Sports, LLC On April 20, 2020, pursuant to an Agreement and Plan of Merger entered into on March 6, 2020, the Company, through a wholly-owned subsidiary, Wheelhouse Holdings Inc., a Delaware corporation (“Marucci Buyer”), and Wheelhouse Holdings Merger Sub LLC, a Delaware limited liability company and a wholly owned Subsidiary of Buyer (“Marucci Merger Sub”), completed a merger (the “Marucci Transaction”) with Marucci Sports, LLC, a Delaware limited liability company (“Marucci”). Upon the completion of the Marucci Transaction, Marucci became a wholly owned subsidiary of Marucci Buyer and an indirect subsidiary of the Company. 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 Company made loans to, and purchased a 92.2% equity interest in, Marucci. The purchase price, including proceeds from noncontrolling shareholders and net of transaction costs, was $198.9 million. Marucci management and certain existing shareholders invested in the Marucci Transaction along with the Company, representing 7.8% initial noncontrolling interest on both a primary and fully diluted basis. The fair value of the noncontrolling interest was determined based on the enterprise value of the acquired entity multiplied by the ratio of the number of shares acquired by the minority holders to total shares. The transaction was accounted for as a business combination. CGM acted as an advisor to the Company in the acquisition and will continue to provide integration services during the first year of the Company's ownership of Marucci. CGM will receive integration service fees of $2.0 million payable quarterly over a twelve month period as services are rendered which payments began in the quarter ended September 30, 2020. The Company incurred $2.0 million of transaction costs in conjunction with the Marucci acquisition, which was included in selling, general and administrative expense in the consolidated statements of operations during the second quarter of 2020. The results of operations of Marucci have been included in the consolidated results of operations since the date of acquisition. Marucci's results of operations are reported as a separate operating segment as a branded consumer business. The table below provides the recording of assets acquired and liabilities assumed as of the date of acquisition. (in thousands) Final Purchase Price Allocation Assets Cash 2,730 Accounts Receivable (1) 11,471 Inventory (2) 14,481 Property, plant and equipment (3) 10,307 Intangible assets 100,211 Goodwill 68,170 Other current and noncurrent assets 2,208 Total Assets 209,578 Liabilities and noncontrolling interest Current liabilities 6,501 Other liabilities 43,058 Deferred tax liabilities 1,161 Noncontrolling interest 11,127 Total liabilities and noncontrolling interest 61,847 Net assets acquired 147,731 Noncontrolling interest 11,127 Intercompany loans 42,100 $ 200,958 Acquisition consideration Purchase price $ 200,000 Cash acquired 2,730 Net working capital adjustment 728 Other adjustments (2,500) Total purchase consideration $ 200,958 Less: Transaction costs 2,042 Net purchase price $ 198,916 (1) Includes $12.7 million in gross contractual accounts receivable, of which $1.2 million is not expected to be collected. The fair value of accounts receivable approximates book value acquired. (2) Includes $4.3 million in inventory basis step-up, which will be charged to cost of goods sold. $3.0 million was amortized to cost of goods sold in the second quarter of 2020, and $1.3 million was charged to cost of goods sold in the third quarter of 2020. (3) Includes $2.5 million of property, plant and equipment basis step-up. The fair value of property, plant and equipment will be depreciated over the remaining useful lives of the assets. The allocation of the purchase price presented above is based on management's estimate of the fair values using valuation techniques including the income, cost and market approach. In estimating the fair value of the acquired assets and assumed liabilities, the fair value estimates are based on, but not limited to, expected future revenue and cash flows, expected future growth rates and estimated discount rates. Current and noncurrent assets and current and other liabilities are valued at historical carrying values. Property, plant and equipment is valued through a purchase price appraisal and will be depreciated on a straight-line basis over the respective remaining useful lives of the assets. Goodwill is calculated as the excess of the consideration transferred over the fair value of the identifiable net assets acquired and represents the future economic benefits expected to arise from other intangible assets acquired that do not qualify for separate recognition, including assembled workforce and non-contractual relationships, as well as expected future synergies. The goodwill of $68.2 million reflects the strategic fit of Marucci in the Company's branded consumer business and is expected to be deductible for income tax purposes. The intangible assets recorded related to the Marucci acquisition are as follows (in thousands): Intangible Assets Amount Estimated Useful Life Tradename $ 84,891 15 years Customer relationships 11,120 15 years Technology 4,200 15 years $ 100,211 The tradename was valued at $84.9 million using a multi-period excess earnings methodology. The customer relationships intangible asset was valued at $11.1 million using the distributor method, a variation of the multi-period excess earnings methodology, in which an asset is valuable to the extent it enables its owners to earn a return in excess of the required returns on the other assets utilized in the business. The technology was valued at $4.2 million using a relief from royalty method. Acquisition of Boa Technology, Inc. On October 16, 2020, the Company, through its newly formed acquisition subsidiaries, BOA Holdings Inc., a Delaware corporation (“BOA Holdings”) and BOA Parent Inc., a Delaware corporation (“BOA Buyer”) and a wholly-owned subsidiary of BOA Holdings, acquired Boa Technology Inc. ("BOA"), and its subsidiaries pursuant to an Agreement and Plan of Merger (the “Agreement and Plan of Merger”) by and among BOA Buyer, Reel Holding Corp., a Delaware corporation (“Reel”) and the sole stockholder of Boa Technology, Inc., BOA Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of BOA Buyer (“BOA Merger Sub”) and Shareholder Representative Services LLC (in its capacity as the representative of the stockholders of Reel) entered into an Agreement and Plan of Merger (the “BOA Merger Agreement”) with Reel Holding Corp., a Delaware corporation (“BOA”) and the sole stockholder of Boa Technology, Inc., BOA Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of BOA Buyer, and Shareholder Representative Services LLC (in its capacity as the representative of the stockholders of BOA). Pursuant to the Merger Agreement, Merger Sub was merged with and into BOA (the “BOA Merger”) such that the separate existence of Merger Sub ceased, and BOA survived the Merger as a wholly-owned subsidiary of BOA Buyer. BOA, creators of the award-winning BOA® Fit System featured in performance footwear, action sports, outdoor and medical products worldwide, was founded in 2001 and is headquartered in Denver, Colorado. The Company made loans to, and purchased an 82% equity interest in, BOA. The purchase price, including proceeds from noncontrolling shareholders and net of transaction costs, was $454.3 million. BOA management and certain existing shareholders invested in the transaction along with the Company, representing 18% initial noncontrolling interest on both a primary and fully diluted basis. The fair value of the noncontrolling interest was determined based on the enterprise value of the acquired entity multiplied by the ratio of the number of shares acquired by the minority holders to total shares. The transaction was accounted for as a business combination. CGM acted as an advisor to the Company in the acquisition and will continue to provide integration services during the first year of the Company's ownership of BOA. CGM will receive integration service fees of $4.4 million payable quarterly over a twelve month period as services are rendered which payments began in the quarter ended December 31, 2020. The Company incurred $2.5 million of transaction costs in conjunction with the BOA acquisition, which was included in selling, general and administrative expense in the consolidated statements of operations during the fourth quarter of 2020. The Company funded the acquisition with cash on hand and a $300 million draw on its 2018 Revolving Credit Facility. The results of operations of BOA have been included in the consolidated results of operations since the date of acquisition. BOA's results of operations are reported as a separate operating segment as a branded consumer business. The table below provides the recording of assets acquired and liabilities assumed as of the date of acquisition. (in thousands) Final Purchase Price Allocation Assets: Cash $ 7,677 Accounts receivable (1) 2,065 Inventory (2) 6,178 Property, plant and equipment (3) 15,431 Intangible assets 234,000 Goodwill 254,153 Other current and noncurrent assets 12,554 Total assets $ 532,058 Liabilities and noncontrolling interest: Current liabilities $ 14,008 Other liabilities 130,587 Deferred tax liabilities 49,969 Noncontrolling interest 61,534 Total liabilities and noncontrolling interest $ 256,098 Net assets acquired $ 275,960 Noncontrolling interest 61,534 Intercompany loans to business 119,349 $ 456,843 Acquisition consideration Purchase price $ 454,000 Cash acquired 7,677 Net working capital adjustment (1,970) Other adjustments (2,864) Total purchase consideration $ 456,843 Less: Transaction costs 2,517 Net purchase price $ 454,326 (1) Includes $2.1 million in gross contractual accounts receivable, of which $0.06 million is not expected to be collected. The fair value of accounts receivable approximates book value acquired. (2) Includes $1.5 million in inventory basis step-up, which was charged to cost of goods sold in the fourth quarter of 2020. (3) Includes $6.5 million of property, plant and equipment basis step-up. The fair value of property, plant and equipment will be depreciated over the remaining useful lives of the assets. The allocation of the purchase price presented above is based on management's estimate of the fair values using valuation techniques including the income, cost and market approach. In estimating the fair value of the acquired assets and assumed liabilities, the fair value estimates are based on, but not limited to, expected future revenue and cash flows, expected future growth rates and estimated discount rates. Current and noncurrent assets and current and other liabilities are valued at historical carrying values. Property, plant and equipment is valued through a purchase price appraisal and will be depreciated on a straight-line basis over the respective remaining useful lives of the assets. Goodwill is calculated as the excess of the consideration transferred over the fair value of the identifiable net assets acquired and represents the future economic benefits expected to arise from other intangible assets acquired that do not qualify for separate recognition, including assembled workforce and non-contractual relationships, as well as expected future synergies. The goodwill of $254.2 million reflects the strategic fit of BOA in the Company's branded consumer business and is not expected to be deductible for income tax purposes. The intangible assets recorded related to the BOA acquisition are as follows (in thousands): Intangible Assets Fair Value Estimated Useful Lives Technology $ 70,200 10 - 12 years Tradename 84,300 20 years Customer relationships 73,000 15 years In-process Research & Development (1) 6,500 $ 234,000 (1) In-process research and development is considered indefinite lived until the underlying technology becomes viable, at which point the intangible asset will be amortized over the expected useful life. The technology was considered the primary intangible asset in the acquisition and was valued at $70.2 million using a mul ti-period excess earnings methodology with an assumed obsolescence factor. The tradename was valued at $84.3 million using a relief-from-royalty method. The customer relationships, which represent BOA's relationship with brand partners, were valued at $73.0 million using the distributor method, a variation of the multi-period excess earnings methodology, in which an asset is valuable to the extent it enables its owners to earn a return in excess of the required returns on the other assets utilized in the business. Unaudited pro forma information The following unaudited pro forma data for the three months and nine months ended September 30, 2021 and 2020 gives effect to the acquisitions of Lugano, BOA and Marucci, as described above, and the disposition of Liberty Safe, as if these transactions had been completed as of January 1, 2020. The pro forma data gives effect to historical operating results with adjustments to interest expense, amortization and depreciation expense, management fees and related tax effects. The information is provided for illustrative purposes only and is not necessarily indicative of the operating results that would have occurred if the transaction had been consummated on the date indicated, nor is it necessarily indicative of future operating results of the consolidated companies, and should not be construed as representing results for any future period. Three Months Ended September 30, Nine months ended September 30, (in thousands, except per share data) 2021 2020 2021 2020 Net sales $ 506,834 $ 428,741 $ 1,443,324 $ 1,151,137 Gross profit $ 201,177 $ 169,430 $ 588,938 $ 450,919 Operating income $ 45,970 $ 35,196 $ 144,965 $ 64,252 Net income from continuing operations $ 20,869 $ 16,490 $ 35,647 $ 5,914 Net income from continuing operations attributable to Holdings $ 17,423 $ 15,467 $ 20,836 $ 754 Basic and fully diluted net loss per share attributable to Holdings $ (0.11) $ (0.04) $ (0.33) $ (0.52) Other acquisitions Arnold On March 1, 2021, Arnold acquired Ramco Electric Motors, Inc. ("Ramco"), a manufacturer of stators, rotors and full electric motors, for a purchase price of approximately $34.3 million. The acquisition and related transaction costs were funded through an additional equity investment in Arnold by the Company of $35.5 million. Ramco was founded in 1987 and is based in Greenville, Ohio. Ramco supplies their custom electric motor solutions for general industrial, aerospace and defense, and oil and gas end-markets. Ramco’s complementary product portfolio will allow Arnold to be able to offer more comprehensive, turnkey solutions to their customers. Arnold has not completed the preliminary purchase price allocation for the Ramco acquisitio n and the excess purchase price over net assets acquired has been recorded as goodwill of $22.3 million on a preliminary basis at September 30, 2021. Altor Solutions On July 1, 2020, Altor Solutions acquired substantially all of the assets of Polyfoam Corp. ("Polyfoam"), a Massachusetts-based manufacturer of protective and temperature-sensitive packaging solutions for the medical, pharmaceutical, grocery and food industries, among others. Founded in 1974, Polyfoam operates two manufacturing facilities producing highly engineered foam and injection-molded plastic solutions across a variety of end-markets. The acquisition complements Altor Solutions' current operating footprint and provides access to a new customer base and product offerings, including Polyfoam's significant end-market exposure to cold chain (including seafood boxes, insulated shipping containers and grocery delivery totes) . The purchase price was approximately $12.8 million and includes a potential earnout of $1.4 million if Polyfoam achieves certain financial metrics.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	ote C — Discontinued Operations Sale of Liberty On July 16, 2021, the Company, as majority stockholder of Liberty Safe Holding Corporation and as Sellers Representative, entered into a definitive Stock Purchase Agreement (the “Purchase Agreement”) with Independence Buyer, Inc. (“Liberty Buyer”), Liberty and the other holders of stock and options of Liberty to sell to Buyer all of the issued and outstanding securities of Liberty, the parent company of the operating entity, Liberty Safe and Security Products, Inc. On August 3, 2021, Liberty Buyer and the Company, as Sellers Representative, entered into the Amendment to Stock Purchase Agreement (the “Amendment”) which amended the Purchase Agreement to, among other things, provide that, immediately prior to the closing, certain investors in Liberty will, instead of selling all of the shares of Liberty owned by them to Liberty Buyer, contribute a portion of such shares (the “Rollover Shares”) to an indirect parent company of Liberty Buyer in exchange for equity securities of such entity. On August 3, 2021, Liberty Buyer completed the acquisition of all the issued and outstanding securities of Liberty (other than the Rollover Shares) pursuant to the Purchase Agreement and Amendment (the “Liberty Transaction”). The sale price of Liberty was based on an aggregate total enterprise value of $147.5 million, subject to customary adjustments. After the allocation of the sale proceeds to Liberty's non-controlling shareholders, the repayment of intercompany loans to the Company (including accrued interest) of $26.5 million, and the payment of transaction expenses of approximately $4.5 million, the Company received approximately $128.0 million of total proceeds from the sale at closing. The Company recognized a gain on the sale of Liberty of $72.7 million in the third quarter of 2021. Summarized results of operations of Liberty for the three and nine months ended September 30, 2021 and 2020 through the date of disposition are as follows (in thousands): For the period July 1, 2021 through disposition Three months ended For the period January 1, 2021 through disposition Nine Months Ended Net sales 10,828 $ 31,186 75,753 $ 80,599 Gross profit 2,353 $ 8,112 20,129 $ 21,058 Operating income (loss) (2,358) $ 5,736 9,175 $ 12,281 Income (loss) from continuing operations before income taxes (1) (2,406) $ 5,739 9,174 $ 12,287 Provision (benefit) for income taxes (1,097) $ 1,210 1,509 $ 2,357 Income (loss) from discontinued operations (1) (1,309) $ 4,529 7,665 $ 9,930 (1) The results of operations for the periods from July 1, 2021 through disposition, January 1, 2021 through disposition, and the three and nine months ended September 30, 2020, each exclude $0.3 million and $1.7 million and $0.9 million and $2.8 million, respectively, of intercompany interest expense. The following table presents summary balance sheet information of Liberty that is presented as discontinued operations as of December 31, 2020 (in thousands): December 31, Assets Cash and cash equivalents $ 4,342 Accounts receivable, net 18,812 Inventories, net 9,406 Prepaid expenses and other current assets 945 Current assets of discontinued operations $ 33,505 Property, plant and equipment, net 9,551 Goodwill 32,828 Intangible assets, net 3,020 Other non-current assets 8,474 Non-current assets of discontinued operations $ 53,873 Liabilities Accounts payable $ 7,495 Accrued expenses 4,911 Due to related party 101 Other current liabilities 2,723 Current liabilities of discontinued operations $ 15,230 Deferred income taxes 1,815 Other non-current liabilities 9,320 Non-current liabilities of discontinued operations $ 11,135 Noncontrolling interest of discontinued operations $ 3,836

Revenue

Revenue	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue	The following tables provide disaggregation of revenue by reportable segment geography for the three and nine months ended September 30, 2021 and 2020 (in thousands): Three months ended September 30, 2021 5.11 BOA Ergo Lugano Marucci Velocity ACI Altor Arnold Sterno Total United States $ 89,866 $ 10,941 $ 8,152 $ 10,438 $ 24,623 $ 69,879 $ 23,182 $ 37,519 $ 26,511 $ 97,547 $ 398,658 Canada 2,522 135 927 — 128 3,215 — — 129 2,735 9,791 Europe 6,644 14,408 8,010 — 27 1,944 — — 8,230 347 39,610 Asia Pacific 3,826 13,915 2,617 385 253 314 — — 1,484 169 22,963 Other international 8,241 97 110 — 9 1,549 — 6,603 498 29 17,136 $ 111,099 $ 39,496 $ 19,816 $ 10,823 $ 25,040 $ 76,901 $ 23,182 $ 44,122 $ 36,852 $ 100,827 $ 488,158 Three months ended September 30, 2020 5.11 Ergo Marucci Velocity ACI Altor Arnold Sterno Total United States $ 80,100 $ 6,378 $ 19,340 $ 64,012 $ 22,771 $ 31,084 $ 13,933 $ 92,254 $ 329,872 Canada 1,340 750 55 3,143 — — — 5,158 10,446 Europe 6,860 7,354 16 2,482 — — 6,926 272 23,910 Asia Pacific 3,550 4,874 130 245 — — 745 53 9,597 Other international 6,556 122 10 747 — 5,442 1,015 — 13,892 $ 98,406 $ 19,478 $ 19,551 $ 70,629 $ 22,771 $ 36,526 $ 22,619 $ 97,737 $ 387,717

Operating Segment Data

Operating Segment Data	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Operating Segment Data	Operating Segment Data At September 30, 2021, the Company had ten 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. • BOA, creator of the revolutionary, award-winning, patented BOA Fit System, partners with market-leading brands to make the best gear even better. Delivering fit solutions purpose-built for performance, the BOA Fit System is featured in footwear across snow sports, cycling, hiking/trekking, golf, running, court sports, workwear as well as headwear and medical bracing. The system consists of three integral parts: a micro-adjustable dial, high-tensile lightweight laces, and low friction lace guides creating a superior alternative to laces, buckles, Velcro, and other traditional closure mechanisms. Each unique BOA configuration is engineered for fast, effortless, precision fit, and is backed by The BOA Lifetime Guarantee. BOA is headquartered in Denver, Colorado and has offices in Austria, Greater China, South Korea, and Japan. • 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. • Lugano Diamonds is a leading designer, manufacturer and marketer of high-end, one-of-a-kind jewelry sought after by some of the world’s most discerning clientele. Lugano conducts sales via its own retail salons as well as pop-up showrooms at Lugano-hosted or sponsored events in partnership with influential organizations in the equestrian, art and philanthropic community. Lugano is headquartered in Newport Beach, California. • Marucci Sports is a leading designer, manufacturer, and marketer of premium wood and metal baseball bats, fielding gloves, batting gloves, bags, protective gear, sunglasses, on and off-field apparel, and other baseball and softball equipment used by professional and amateur athletes. Marucci also develops and licenses franchises for sports training facilities. Marucci is headquartered in Baton Rouge, Louisiana. • 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. • Altor Solutions is a designer and manufacturer of custom molded protective foam solutions and original equipment manufacturer components made from expanded polystyrene and expanded polypropylene. Altor provides products to a variety of end markets, including appliances and electronics, pharmaceuticals, health and wellness, automotive, building and other products. In July 2020, Altor acquired the assets of Polyfoam, a Massachusetts-based manufacturer of protective and temperature-sensitive packaging solutions for the medical, pharmaceutical, grocery and food industries, among others. Altor is headquartered in Scottsdale, Arizona and operates 14 molding and fabricating facilities across North America subsequent to the acquisition of Polyfoam. • 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"), turnkey electric motors ("Ramco") 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. • Sterno is a manufacturer and marketer of portable food warming systems, creative indoor and outdoor lighting, and home fragrance solutions for the foodservice industry and consumer markets. Sterno offers a broad range of wick and gel chafing systems, butane stoves and accessories, liquid and traditional wax candles, catering equipment and lamps through Sterno Products, flameless candles and outdoor lighting products through Sterno Home, and scented wax cubes and warmer products used for home decor and fragrance systems through Rimports. 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 September 30, Nine months ended September 30, (in thousands) 2021 2020 2021 2020 5.11 $ 111,099 $ 98,406 $ 321,009 $ 281,822 BOA 39,496 — 120,033 — Ergobaby 19,816 19,478 69,100 59,171 Lugano 10,823 — 10,823 — Marucci 25,040 19,551 86,328 24,807 Velocity Outdoor 76,901 70,629 205,891 148,240 ACI 23,182 22,771 67,209 67,423 Altor 44,122 36,526 122,582 89,338 Arnold 36,852 22,619 101,893 76,447 Sterno 100,827 97,737 267,398 258,132 Total segment revenue 488,158 387,717 1,372,266 1,005,380 Corporate and other — — — — Total consolidated revenues $ 488,158 $ 387,717 $ 1,372,266 $ 1,005,380 Segment profit (loss) (1) Three months ended September 30, Nine months ended September 30, (in thousands) 2021 2020 2021 2020 5.11 $ 10,088 $ 8,681 $ 27,893 $ 17,969 BOA 7,091 — 25,798 — Ergobaby 246 2,363 5,964 5,943 Lugano 1,583 — 1,583 — Marucci 3,580 1,265 15,267 (6,478) Velocity Outdoor 12,905 11,062 33,039 13,896 ACI 6,791 6,205 18,610 18,272 Altor 5,380 4,759 13,612 11,118 Arnold 4,611 (495) 10,104 2,601 Sterno 4,232 7,674 15,094 16,906 Total 56,507 41,514 166,964 80,227 Reconciliation of segment profit (loss) to consolidated net income before income taxes: Interest expense, net (13,855) (12,351) (42,607) (32,122) Other income (expense), net 1,031 (450) (1,906) (2,178) Corporate and other (2) (15,407) (12,043) (77,298) (31,420) Total consolidated income before income taxes $ 28,276 $ 16,670 $ 45,153 $ 14,507 (1) Segment profit (loss) represents operating income (loss). (2) Primarily relates to management fees expensed and payable to CGM, the loss on debt extinguishment recognized in 2021 and corporate overhead expenses. Depreciation and Amortization Expense Three months ended September 30, Nine months ended September 30, (in thousands) 2021 2020 2021 2020 5.11 $ 5,792 $ 5,296 $ 16,493 $ 15,734 BOA 5,082 — 14,818 — Ergobaby 2,042 2,038 6,354 6,129 Lugano 41 — 41 — Marucci 2,127 3,281 6,290 7,968 Velocity Outdoor 3,093 3,120 9,311 9,480 ACI 527 595 1,568 1,867 Altor 3,148 3,304 8,845 9,286 Arnold 1,965 1,697 5,702 4,969 Sterno 5,610 5,649 15,976 16,912 Total 29,427 24,980 85,398 72,345 Reconciliation of segment to consolidated total: Amortization of debt issuance costs and bond premium 759 577 2,084 1,656 Consolidated total $ 30,186 $ 25,557 $ 87,482 $ 74,001 Accounts Receivable Identifiable Assets September 30, December 31, September 30, December 31, (in thousands) 2021 2020 2021 (1) 2020 (1) 5.11 $ 50,339 $ 50,082 $ 349,752 $ 354,033 BOA 3,116 1,492 262,747 269,438 Ergobaby 8,423 5,034 87,483 91,293 Lugano 21,953 — 112,757 — Marucci 17,728 10,172 127,618 129,116 Velocity Outdoor 41,892 40,126 214,760 191,180 ACI 9,082 7,252 24,210 28,932 Altor 33,816 34,088 158,885 164,800 Arnold 22,534 13,237 86,534 75,958 Sterno 67,547 70,467 231,131 251,307 Allowance for doubtful accounts (17,489) (18,255) — — Total 258,941 213,695 1,655,877 1,556,057 Reconciliation of segment to consolidated total: Corporate and other identifiable assets — — 13,272 8,213 Assets of discontinued operations — — — 87,378 Consolidated total $ 258,941 $ 213,695 $ 1,669,149 $ 1,651,648 (1) Does not include accounts receivable balances per schedule above or goodwill balances - refer to Note G - "Goodwill and Other Intangible Assets" .

Property, Plant and Equipment a

Property, Plant and Equipment and Inventory	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020 (in thousands ): September 30, 2021 December 31, 2020 Machinery and equipment $ 212,815 $ 196,292 Furniture, fixtures and other 53,211 47,092 Leasehold improvements 54,645 49,287 Buildings and land 13,323 10,817 Construction in process 18,507 15,713 352,501 319,201 Less: accumulated depreciation (182,994) (156,083) Total $ 169,507 $ 163,118 Depreciation expense was $10.4 million and $28.9 million for the three and nine months ended September 30, 2021, respectively and $8.4 million and $24.5 million for the three and nine months ended September 30, 2020, respectively. Inventory Inventory is comprised of the following at September 30, 2021 and December 31, 2020 (in thousands) : September 30, 2021 December 31, 2020 Raw materials $ 91,938 $ 76,831 Work-in-process 27,380 14,978 Finished goods 394,926 283,380 Less: obsolescence reserve (27,648) (21,222) Total $ 486,596 $ 353,967

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure	Note G — 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 2021 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 Arnold 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. For the reporting units that were tested only on a qualitative basis for the 2021 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 test of Arnold was performed using an income approach to determine the fair value of the reporting unit. The discount rate used in the income approach was 13.0% and the results of the quantitative impairment testing indicated that the fair value of the Arnold reporting unit exceeded the carrying value by 272%. 2020 Annual Impairment Testing The Company used a qualitative approach to test goodwill for impairment in the prior year. We determined that the Ergobaby, Altor Solutions 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 only on a qualitative basis 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, Altor Solutions 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 Altor Solutions, 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 Altor Solutions 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%. A summary of the net carrying value of goodwill at September 30, 2021 and December 31, 2020, is as follows (in thousands) : Nine months ended September 30, 2021 Year ended Goodwill - gross carrying amount $ 969,948 $ 790,920 Accumulated impairment losses (57,745) (57,745) Goodwill - net carrying amount $ 912,203 $ 733,175 The following is a reconciliation of the change in the carrying value of goodwill for the nine months ended September 30, 2021 by operating segment (in thousands) : Balance at January 1, 2021 Acquisitions Balance at September 30, 2021 5.11 $ 92,966 $ — $ 92,966 BOA 254,153 — 254,153 Ergobaby 63,531 (2,083) 61,448 Lugano — 158,780 158,780 Marucci 68,170 — 68,170 Velocity Outdoor 30,079 — 30,079 ACI 58,019 — 58,019 Altor 75,369 — 75,369 Arnold 26,903 22,331 49,234 Sterno 55,336 — 55,336 Corporate (1) 8,649 — 8,649 Total $ 733,175 $ 179,028 $ 912,203 (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 2021 and 2020. 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 reporting unit has an indefinite lived trade name that was tested in conjunction with the goodwill impairment test at March 31, 2020. The results of the quantitative impairment testing indicated that the trade name was not impaired. Other intangible assets are comprised of the following at September 30, 2021 and December 31, 2020 (in thousands) : September 30, 2021 December 31, 2020 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Customer relationships $ 534,536 $ (206,621) $ 327,915 $ 534,536 $ (177,416) $ 357,120 Technology and patents 155,821 (37,424) 118,397 148,397 (28,557) 119,840 Trade names, subject to amortization 358,775 (83,099) 275,676 358,758 (65,258) 293,500 Licensing and non-compete agreements 3,702 (3,652) 50 3,702 (3,482) 220 Distributor relations and other 1,960 (623) 1,337 210 (210) — Total 1,054,794 (331,419) 723,375 1,045,603 (274,923) 770,680 Trade names, not subject to amortization 56,965 — 56,965 56,965 — 56,965 In-process research and development (1) — — — 6,500 — 6,500 Total intangibles, net $ 1,111,759 $ (331,419) $ 780,340 $ 1,109,068 $ (274,923) $ 834,145 (1) In-process research and development is considered indefinite lived until the underlying technology becomes viable, at which point the intangible asset will be amortized over the expected useful life. The Company determined that the in-process research and development technology asset acquired in the BOA acquisition achieved viability in the second quarter of 2021, and will be amortized over a ten-year period. Amortization expense related to intangible assets was $19.1 million and $56.5 million for the three and nine months ended September 30, 2021, respectively, and $15.2 million and $43.5 million for the three and nine months ended September 30, 2020, respectively. Estimated charges to amortization expense of intangible assets for the remainder of 2021 and the next four years, is as follows (in thousands) : 2021 2022 2023 2024 2025 $ 19,320 $ 72,480 $ 72,037 $ 70,274 $ 64,986

Warranties

Warranties	9 Months Ended
	Sep. 30, 2021
Guarantees [Abstract]
Warranties	Warranties The Company’s Ergobaby, Marucci, BOA 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 nine months ended September 30, 2021 and the year ended December 31, 2020 is as follows ( in thousands ): Warranty liability Nine months ended September 30, 2021 Year ended December 31, 2020 Beginning balance $ 1,558 $ 784 Provision for warranties issued during the period 3,227 2,821 Fulfillment of warranty obligations (2,739) (2,696) Other (1) — 649 Ending balance $ 2,046 $ 1,558 (1) Represents the warranty liabilities recorded in relation to the Marucci and BOA acquisitions in 2020.

Debt

Debt	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Debt Disclosure	Debt 2021 Credit Facility On March 23, 2021, we entered into a Second Amended and Restated Credit Agreement (the "2021 Credit Facility") to amend and restate the 2018 Credit Facility (as previously restated and amended) among the Company, the lenders from time to time party thereto (the “Lenders”), and Bank of America, N.A., as Administrative Agent. The 2021 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 2021 Credit Facility provides for revolving loans, swing line loans and letters of credit (the “2021 Revolving Credit Facility”) up to a maximum aggregate amount of $600 million and also permits the Company, prior to the applicable maturity date, to increase the revolving loan commitment and/or obtain term loans in an aggregate amount of up to $250 million, subject to certain restrictions and conditions. All amounts outstanding under the 2021 Revolving Credit Facility will become due on March 23, 2026, which is the maturity date of loans advanced under the 2021 Credit Facility. The Company may borrow, prepay and reborrow principal under the 2021 Revolving Credit Facility from time to time during its term. Advances under the 2021 Revolving Credit Facility can be either Eurodollar rate loans or base rate loans. Eurodollar rate revolving loans bear interest on the outstanding principal amount thereof for each interest period at a rate per annum based on the London Interbank Offered Rate or a Successor Rate, as defined, (the “Eurodollar Rate”) for such interest period plus a margin ranging from 1.50% to 2.50%, based on the ratio of consolidated net indebtedness to adjusted consolidated earnings before interest expense, tax expense, and depreciation and amortization expenses for such period (the “Consolidated Total Leverage Ratio”). Base rate revolving loans bear interest on the outstanding principal amount thereof at a rate per annum equal to the highest of (i) Federal Funds rate plus 0.50%, (ii) the “prime rate”, and (iii) Eurodollar Rate plus 1.0% (the “Base Rate”), plus a margin ranging from 0.50% to 1.50%, based on the Company's Consolidated Total Leverage Ratio. Under the 2021 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 2021 Revolving Credit Facility. Net availability under the 2021 Revolving Credit Facility was approximately $465.0 million at September 30, 2021. Letters of credit outstanding at September 30, 2021 totaled approximately $1.0 million. At September 30, 2021, the Company was in compliance with all covenants as defined in the 2021 Credit Facility. 2018 Credit Facility On April 18, 2018, the Company entered into an Amended and Restated Credit Agreement (the "2018 Credit Facility"). The 2018 Credit Facility provided 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 Company repaid the outstanding amounts under the 2018 Term Loan in 2019, and used a portion of the proceeds from the issuance of the 2029 Senior Notes to repay the amount outstanding under the 2018 Revolving Credit Facility in March 2021. 2029 Senior Notes On March 23, 2021, we consummated the issuance and sale of $1,000 million aggregate principal amount of our 5.250% Senior Notes due 2029 (the "2029 Notes" or "2029 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 Notes were issued pursuant to an indenture, dated as of March 23, 2021 (the “Indenture”), between the Company and U.S. Bank National Association, as trustee (the "Trustee"). The Notes bear interest at the rate of 5.250% per annum and will mature on April 15, 2029. Interest on the Notes is payable in cash on April 15th and October 15th of each year. The first interest payment date on the 2029 Senior Notes will be October 15, 2021. The 2029 Notes are general unsecured obligations of the Company and are not guaranteed by our subsidiaries. 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 below. The Indenture contains several restrictive covenants including, but not limited to, limitations on the following: (i) the incurrence of additional indebtedness, (ii) payment of dividends or other restricted payments, (iii) the purchase, redemption or retirement of capital stock or subordinated debt, (iv) asset sales, mergers or consolidations, (v) transactions with affiliates, (vi) incurring liens, (vii) entering into sale-leaseback transactions, (viii) providing subsidiary guarantees and (ix) making certain investments, subject in each case to certain exceptions. The proceeds from the sale of the 2029 Notes was used to repay debt outstanding under the 2018 Credit Facility in connection with entering into the 2021 Credit Facility, as described above, and to redeem our 8.000% Senior Notes due 2026 (the “2026 Senior Notes”). 2026 Senior Notes Our 2026 Senior Notes bore interest at 8.000% per annum and were scheduled to mature on May 1, 2026. On March 2, 2021, pursuant to an indenture, dated as of April 18, 2018 between the Company and U.S. Bank National Association, as trustee ("Trustee"), the Trustee delivered redemption notices, on behalf of the Company, to holders of the Company’s 2026 Senior Notes to redeem the 2026 Senior Notes on April 1, 2021. The principal amount of the 2026 Senior Notes redeemed was $600 million, which represented all of the outstanding principal of the 2026 Senior Notes. The 2026 Senior Notes were redeemed at 100% of their principal, plus an applicable premium, and accrued and unpaid interest as of the redemption date. On March 23, 2021, the proceeds required for the redemption of the 2026 Senior Notes, the applicable premium and accrued interest totaling $647.7 million was irrevocably deposited with the Trustee and held by the Trustee until the date of redemption, April 1, 2021. The redemption of the 2026 Senior Notes resulted in a Loss on Debt Extinguishment of approximately $33.3 million, which is comprised of the premium paid for early redemption of the 2026 Senior Notes, and the expensing of the deferred financing costs and bond premium associated with the 2026 Senior Notes. The following table provides the Company’s debt holdings at September 30, 2021 and December 31, 2020 (in thousands) : September 30, 2021 December 31, 2020 Senior Notes $ 1,000,000 $ 600,000 Revolving Credit Facility 134,000 307,000 Less: Unamortized premiums and debt issuance costs (11,279) (7,540) Long-term debt $ 1,122,721 $ 899,460 The Company's 2029 Senior Notes consisted of the following carrying value and estimated fair value (in thousands): Fair Value Hierarchy Level September 30, 2021 Maturity Date Rate Carrying Value Fair Value 2029 Senior Notes April 15, 2029 5.250 % 2 1,000,000 1,042,500 Debt Issuance Costs Deferred debt issuance costs represent the costs associated with the issuance of the Company's financing arrangements. In connection with the 2029 Senior Notes offering in March 2021, the Company recorded $12.0 million in deferred financing costs. The net deferred financing costs associated with the Company's 2026 Senior Notes were $7.2 million at March 31, 2021, and were expensed on April 1, 2021, the date of the redemption of the 2026 Senior Notes. In connection with entering into the 2021 Credit Facility, the Company recorded $5.4 million in deferred financing costs. Since the Company can borrow, repay and reborrow principal under the Revolving Credit Facility, the debt issuance costs associated with the Revolving Credit Facility have been classified as other non-current assets in the accompanying condensed consolidated balance sheet. The debt issuance costs associated with the Senior Notes are classified as a reduction of long-term debt in the accompanying condensed consolidated balance sheet. The following table summarizes unamortized premiums and debt issuance costs at September 30, 2021 and December 31, 2020, and the balance sheet classification in each of the periods presented ( in thousands ): September 30, 2021 December 31, 2020 Unamortized premiums and debt issuance costs $ 23,465 $ 16,466 Accumulated amortization (5,209) (6,121) Unamortized premiums and debt issuance costs, net $ 18,256 $ 10,345 Balance sheet classification: Other noncurrent assets $ 6,977 $ 2,805 Long-term debt 11,279 7,540 $ 18,256 $ 10,345

Noncontrolling Interest

Noncontrolling Interest	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020: % Ownership (1) September 30, 2021 % Ownership (1) December 31, 2020 Primary Fully Primary Fully 5.11 97.7 88.4 97.6 88.1 BOA 92.7 83.7 81.9 74.8 Ergobaby 81.7 72.7 81.4 72.6 Lugano 60.0 60.0 n/a n/a Marucci 92.2 83.8 92.2 83.8 Velocity Outdoor 99.3 88.0 99.3 88.0 ACI 71.8 67.6 71.8 67.6 Altor 100.0 91.5 100.0 91.5 Arnold 98.0 88.1 96.7 81.1 Sterno 100.0 87.1 100.0 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) September 30, 2021 December 31, 2020 5.11 $ 14,904 $ 14,567 BOA 26,695 61,625 Ergobaby 28,616 27,408 Lugano 68,272 — Marucci 12,956 11,386 Velocity Outdoor 4,980 4,077 ACI (3,812) (7,175) Altor 3,671 2,901 Arnold 1,239 1,117 Sterno 1,195 282 Allocation Interests 100 100 $ 158,816 $ 116,288 BOA - Repurchase of Noncontrolling Interest

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020 ( in thousands ): Fair Value Measurements at September 30, 2021 Carrying Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (151) $ — $ — $ (151) Contingent consideration - acquisition (2) (1,350) — — (1,350) Total recorded at fair value $ (1,501) $ — $ — $ (1,501) (1) Represents put option issued to noncontrolling shareholders in connection with the 5.11 acquisition. (2) Represents potential earn-out payable as additional purchase price consideration by Altor in connection with the acquisition of Polyfoam. Fair Value Measurements at December 31, 2020 Carrying Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (435) $ — $ — $ (435) Contingent consideration - acquisition (2) (1,350) — — (1,350) Total recorded at fair value $ (1,785) $ — $ — $ (1,785) (1) Represents put option issued to noncontrolling shareholders in connection with the 5.11 and Liberty acquisitions. Liberty was sold on July 16, 2021. (2) Represents potential earn-out payable as additional purchase price consideration by Altor in connection with the acquisition of Polyfoam. Reconciliations of the change in the carrying value of the Level 3 fair value measurements from January 1, 2020 through September 30, 2021 are as follows ( in thousands ): Level 3 Balance at January 1, 2020 $ (111) Increase in the fair value of put option of noncontrolling shareholder - Liberty (264) Increase in the fair value of put option of noncontrolling shareholder - 5.11 (60) Contingent consideration - Polyfoam (1,350) Balance at December 31, 2020 $ (1,785) Termination of put option of noncontrolling shareholder - Liberty 314 Increase in the fair value of put option of noncontrolling shareholder - 5.11 (30) Balance at September 30, 2021 $ (1,501) 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, 2020. Nonrecurring Fair Value Measurements

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income taxes Effective September 1, 2021, the Company’s parent (i.e., the Trust) elected to be treated as a corporation for U.S federal income tax purposes. Prior to September 1, 2021, the Company’s items of income, gain, loss and deduction flowed through to owners of the parent Trust without being subject to entity level income taxes. Consequently, the Company’s earnings did not reflect a provision for income taxes except those for foreign, state, city and local income taxes incurred at the entity level. From and after September 1, 2021, the parent Trust will be subject to entity-level U.S. federal, state, and local corporate income taxes on the Company’s earnings that flow through to the Trust. The Company estimates its annual effective tax rate each fiscal quarter and applies that estimated 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 for each interim period requires certain assumptions, estimates, and significant judgment, including with respect to the projected operating income for the year, projections of income earned and taxes incurred in various jurisdictions, permanent and temporary differences and the likelihood of recovering deferred tax assets. The accounting estimates used to compute the provision for income taxes may change as new events occur, as additional information is obtained, as our tax structure changes or as the tax laws change. 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 nine months ended September 30, 2021 and 2020 is as follows: Nine months ended September 30, 2021 2020 United States Federal Statutory Rate 21.0 % 21.0 % State income taxes (net of Federal benefits) 5.6 6.8 Foreign income taxes 3.4 2.4 Expenses of Compass Group Diversified Holdings LLC representing a pass through to shareholders (1) 29.3 15.4 Impact of subsidiary employee stock options 0.5 2.4 Credit utilization (5.6) (3.6) Non-recognition of NOL carryforwards at subsidiaries (0.5) (9.4) Effect of Tax Act (1.6) 8.6 Other 2.5 (1.4) Effective income tax rate 54.6 % 42.2 % (1) The effective income tax rate for the nine months ended September 30, 2021 and 2020 includes a loss at the Company's parent, which was taxed as a partnership through August 31, 2021. Beginning September 1, 2021, the Company’s parent is taxed as a corporation.

Defined Benefit Plan

Defined Benefit Plan	9 Months Ended
	Sep. 30, 2021
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 $2.8 million is recognized in the consolidated balance sheet as a component of other non-current liabilities at September 30, 2021. Net periodic benefit cost consists of the following for the three and nine months ended September 30, 2021 and 2020 (in thousands ): Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Service cost $ 103 $ 143 $ 317 $ 420 Interest cost 10 8 27 23 Expected return on plan assets (18) (21) (55) (62) Amortization of unrecognized loss (7) 58 (5) 171 Effect of curtailment 23 352 111 352 Net periodic benefit cost $ 111 $ 540 $ 395 $ 904 During the nine months ended September 30, 2021 , per the terms of the pension agreement, Arnold contributed $0.2 million to the plan. For the remainder of 2021, the expected contribution to the plan will be approximately $0.1 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 September 30, 2021 were considered Level 3.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	ote O - Commitments and ContingenciesIn 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 was not a material component of our total lease expense for the three and nine months ended September 30, 2021 and 2020. The Company recognized $8.2 million and $24.3 million in the three and nine months ended September 30, 2021, respectively, and $7.5 million and $21.8 million in the three and nine months ended September 30, 2020, respectively, in expense related to operating leases in the condensed consolidated statements of operations. The maturities of lease liabilities at September 30, 2021 are as follows ( in thousands ): 2021 (excluding nine months ended September 30, 2021) $ 3,769 2022 29,078 2023 22,128 2024 17,971 2025 14,612 Thereafter 30,081 Total undiscounted lease payments $ 117,639 Less: Interest 7,526 Present value of lease liabilities $ 110,113 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, lease accounting guidance 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: Lease Term and Discount Rate September 30, 2021 September 30, 2020 Weighted-average remaining lease term (years) 5.51 6.05 Weighted-average discount rate 7.62 % 7.65 % Supplemental balance sheet information related to leases was as follows ( in thousands ): Line Item in the Company’s Consolidated Balance Sheet September 30, 2021 December 31, 2020 Operating lease right-of-use assets Other non-current assets $ 96,956 $ 92,131 Current portion, operating lease liabilities Other current liabilities $ 25,423 $ 22,754 Operating lease liabilities Other non-current liabilities $ 84,690 $ 75,822 Supplemental cash flow information related to leases was as follows ( in thousands ): Nine months ended September 30, 2021 Nine months ended September 30, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 21,053 $ 22,816 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 13,633 $ 9,913

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2021
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. 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, due to the unprecedented uncertainty as a result of the COVID-19 pandemic, CGM agreed to waive 50% of the management fee calculated at June 30, 2020 that was paid in July 2020. Further, for the third quarter of 2020, 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 September 30, 2020. CGM has also entered into a waiver of the MSA for a period through December 31, 2021 to receive a 1% annual management fee related to BOA, rather than the 2% called for under the MSA . In the first quarter of 2021, the Company and CGM entered into a waiver agreement whereby CGM agreed to waive the portion of the management fee related to the amount of the proceeds deposited with the Trustee that was in excess of the amount payable related to the 2026 Senior Notes at March 31, 2021. Integration Services Agreements Lugano, which was acquired in September 2021, entered into an Integration Services Agreement ("ISA") with CGM whereby Lugano will pay CGM an integration services fee of $2.3 million quarterly over a twelve month period as services are rendered, beginning in the quarter ended December 31, 2021. BOA, which was acquired in October 2020, entered into an ISA with CGM whereby BOA will pay CGM an integration service fee of $4.4 million quarterly over a twelve month period as services are rendered, beginning in the quarter ended December 31, 2020. Marucci Sports, which was acquired in April 2020, entered into an ISA with CGM. Marucci paid CGM an integration service fee of $2.0 million quarterly over a twelve month period as services are rendered, beginning in the quarter ended September 30, 2020. Under the ISAs, CGM provides 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 Company and its businesses have the following significant related party transactions : 5.11 Recapitalization - In August 2021, the Company completed a recapitalization of 5.11 whereby the Company entered into an amendment to the intercompany loan agreement with 5.11 (the "5.11 Loan Agreement"). The 5.11 Loan Agreement was amended to provide for additional term loan borrowings of $55.0 million to fund a distribution to shareholders. The Company owned 97.7% of the outstanding shares of 5.11 on the date of the distribution and received $53.7 million. The remaining amount of the distribution went to minority shareholders. 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. 5.11 purchased approximately $0.1 million and $0.9 million during the three and nine months ended September 30, 2021, respectively, and $0.7 million an

Subsequent Event

Subsequent Event	9 Months Ended
	Sep. 30, 2021
Subsequent Event [Line Items]
Subsequent Events	Note Q - Subsequent Event Acquisition of Plymouth Foam, LLC On October 5, 2021, Altor acquired Plymouth Foam, LLC (“Plymouth”), a manufacturer of protective packaging and componentry, for an enterprise value of approximately $56.0 million, excluding customary closing adjustments. The acquisition and related transaction costs were funded through an additional term loan of $52.0 million under the Altor intercompany credit agreement and a draw on the existing Altor intercompany revolving credit facility with the Company. Altor paid approximately $0.4 million in transaction fees in connection with the acquisition of Plymouth. Plymouth was founded in 1978 and is based in Plymouth, Wisconsin. Plymouth supplies a wide array of high value products, including custom protective packaging, cold chain packaging and internal components made from expanded polystyrene and expanded polypropylene. Plymouth’s complementary product portfolio will allow Altor to be able to further expand its business and capabilities. Sale of Advanced Circuits On October 13, 2021, the Company, as the representative (the “Sellers Representative”) of the holders (the “Sellers”) of stock and options of Compass AC Holdings, Inc. (“Advanced Circuits”), a majority owned subsidiary of the Company, entered into a definitive Agreement and Plan of Merger (the “Agreement”) with Tempo Automation, Inc. (“Buyer”), Aspen Acquisition Sub, Inc. (“Merger Sub”) and Advanced Circuits, pursuant to which Buyer will acquire all of the issued and outstanding securities of Advanced Circuits, the parent company of the operating entity, Advanced Circuits, Inc., through a merger of Merger Sub with and into Advanced Circuits, with Advanced Circuits surviving the merger and becoming a wholly owned subsidiary of Buyer (the “Merger”). Under the terms of the Agreement, the Sellers will receive consideration in the amount of $310 million, composed of $240 million in cash and $70 million in common stock of a publicly traded special purpose acquisition company (“SPAC”) selected by Buyer to acquire Buyer (the “SPAC Transaction”) upon the closing of the transaction, excluding certain working capital and other adjustments. In addition, the Sellers may receive 2.4 million additional shares of SPAC common stock within five years, subject to SPAC stock price performance. The Company owns approximately 67% of the outstanding stock of Advanced Circuits on a fully diluted basis and expects to receive approximately 77% of the gross consideration payable under the Agreement. This amount is in respect of the Company’s outstanding loans to Advanced Circuits and its equity interests in Advanced Circuits. The closing of the transaction is expected to occur in the first quarter of 2022, however, there can be no assurances that all of the conditions to closing, which include the closing of the SPAC transaction, will be satisfied. Acquisition of Lizard Skins On October 22, 2021, Marucci Sports acquired Lizard Skins, LLC ("Lizard Skins"), an industry leading provider of sporting goods accessories that revolve around the hand-to-grip interface, for an enterprise value of approximately $47.0 million, excluding customary closing adjustments. The acquisition and related transaction costs were funded through an additional term loan of $44.1 million under the Marucci inter-company credit agreement with the Company, a draw on the existing Marucci revolving credit facility with the Company, and rollover equity from the selling shareholders of Lizard Skins. Marucci issued 11,915 shares to the selling shareholders in exchange for the rollover equity, which represents an ownership interest of approximately 1% in Marucci. Marucci paid approximately $1.4 million in transaction expenses in connection with the acquisition of Lizard Skins. Lizard Skins is a designer and seller of branded grip products, protective equipment, bags and apparel for use in baseball, cycling, hockey, Esports and lacrosse. The acquisition of Lizard Skins will allow Marucci to build on its leading position in diamond sports while simultaneously developing Marucci's presence in new sports markets such as hockey and cycling.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
Subsequent Events	Note Q - Subsequent Event Acquisition of Plymouth Foam, LLC On October 5, 2021, Altor acquired Plymouth Foam, LLC (“Plymouth”), a manufacturer of protective packaging and componentry, for an enterprise value of approximately $56.0 million, excluding customary closing adjustments. The acquisition and related transaction costs were funded through an additional term loan of $52.0 million under the Altor intercompany credit agreement and a draw on the existing Altor intercompany revolving credit facility with the Company. Altor paid approximately $0.4 million in transaction fees in connection with the acquisition of Plymouth. Plymouth was founded in 1978 and is based in Plymouth, Wisconsin. Plymouth supplies a wide array of high value products, including custom protective packaging, cold chain packaging and internal components made from expanded polystyrene and expanded polypropylene. Plymouth’s complementary product portfolio will allow Altor to be able to further expand its business and capabilities. Sale of Advanced Circuits On October 13, 2021, the Company, as the representative (the “Sellers Representative”) of the holders (the “Sellers”) of stock and options of Compass AC Holdings, Inc. (“Advanced Circuits”), a majority owned subsidiary of the Company, entered into a definitive Agreement and Plan of Merger (the “Agreement”) with Tempo Automation, Inc. (“Buyer”), Aspen Acquisition Sub, Inc. (“Merger Sub”) and Advanced Circuits, pursuant to which Buyer will acquire all of the issued and outstanding securities of Advanced Circuits, the parent company of the operating entity, Advanced Circuits, Inc., through a merger of Merger Sub with and into Advanced Circuits, with Advanced Circuits surviving the merger and becoming a wholly owned subsidiary of Buyer (the “Merger”). Under the terms of the Agreement, the Sellers will receive consideration in the amount of $310 million, composed of $240 million in cash and $70 million in common stock of a publicly traded special purpose acquisition company (“SPAC”) selected by Buyer to acquire Buyer (the “SPAC Transaction”) upon the closing of the transaction, excluding certain working capital and other adjustments. In addition, the Sellers may receive 2.4 million additional shares of SPAC common stock within five years, subject to SPAC stock price performance. The Company owns approximately 67% of the outstanding stock of Advanced Circuits on a fully diluted basis and expects to receive approximately 77% of the gross consideration payable under the Agreement. This amount is in respect of the Company’s outstanding loans to Advanced Circuits and its equity interests in Advanced Circuits. The closing of the transaction is expected to occur in the first quarter of 2022, however, there can be no assurances that all of the conditions to closing, which include the closing of the SPAC transaction, will be satisfied. Acquisition of Lizard Skins On October 22, 2021, Marucci Sports acquired Lizard Skins, LLC ("Lizard Skins"), an industry leading provider of sporting goods accessories that revolve around the hand-to-grip interface, for an enterprise value of approximately $47.0 million, excluding customary closing adjustments. The acquisition and related transaction costs were funded through an additional term loan of $44.1 million under the Marucci inter-company credit agreement with the Company, a draw on the existing Marucci revolving credit facility with the Company, and rollover equity from the selling shareholders of Lizard Skins. Marucci issued 11,915 shares to the selling shareholders in exchange for the rollover equity, which represents an ownership interest of approximately 1% in Marucci. Marucci paid approximately $1.4 million in transaction expenses in connection with the acquisition of Lizard Skins. Lizard Skins is a designer and seller of branded grip products, protective equipment, bags and apparel for use in baseball, cycling, hockey, Esports and lacrosse. The acquisition of Lizard Skins will allow Marucci to build on its leading position in diamond sports while simultaneously developing Marucci's presence in new sports markets such as hockey and cycling.

Presentation and Principles o_2

Presentation and Principles of Consolidation (Policies)	9 Months Ended
	Sep. 30, 2021
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. Discontinued Operations During the third quarter of 2021, the Company completed the sale of Liberty Safe Holding Corporation ("Liberty"). The results of operations of Liberty are reported as discontinued operations in the condensed consolidated statements of operations for the three and nine months ended September 30, 2021 and September 30, 2020. Refer to Note C - "Discontinued Operations" for additional information. Unless otherwise indicated, the disclosures accompanying the condensed consolidated financial statements reflect the Company's continuing operations.
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 quarters produce the highest net sales during our fiscal year. Change in Company Tax Status Election On August 3, 2021, upon approval by the shareholders of the Trust, the Trust and the Company amended the Second Amended and Restated Trust Agreement of the Trust and the Fifth Amended and Restated Operating Agreement of the Company to authorize the Company to cause the Trust to elect to be treated as a corporation for U.S. federal income tax purposes and, at its discretion in the future, cause the Trust to be converted to a corporation. Effective September 1, 2021 (the "Effective Date"), the Trust elected to be treated as a corporation for U.S. federal income tax purposes. Prior to the Effective Date, the Trust was treated as a partnership for U.S. federal income tax purposes and the Trust’s items of income, gain, loss and deduction flowed through from the Trust to the shareholders, and the Trust shareholders were subject to income taxes on their allocable share of the Trust’s income and gain. After the Effective Date, the trust will be taxed as a corporation and be subject to U.S. federal corporate income tax at the Trust level, but items of income, gain, loss and deduction will not flow through to Trust shareholders. Trust shareholders will no longer receive an IRS Schedule K-1. After the Effective Date, distributions from the Trust will be treated as dividends to the extent the Trust has accumulated or current earnings and profits. If the Trust does not have current or accumulated earnings and profits available for distribution, then the distribution will be treated as a return of capital and reduce Trust shareholders’ basis in their shares. Prior to the Effective Date, each of the Company’s majority owned subsidiaries were treated as corporations for U.S. federal income tax purposes. The election did not change the tax status of any Company subsidiary, and each majority owned Company subsidiary is still treated as a corporation for U.S. federal income tax purposes.
Recently Issued and Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This guidance removes certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period, and the recognition of deferred tax liabilities for outside basis differences. This guidance also clarifies and simplifies other areas of ASC 740. The guidance was effective for fiscal years and interim periods beginning after December 15, 2020 and early adoption is permitted. The adoption of this guidance on January 1, 2021 did not have a material impact on our consolidated financial statements.
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 - 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)	9 Months Ended
	Sep. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Groups, Including Discontinued Operations	Summarized results of operations of Liberty for the three and nine months ended September 30, 2021 and 2020 through the date of disposition are as follows (in thousands): For the period July 1, 2021 through disposition Three months ended For the period January 1, 2021 through disposition Nine Months Ended Net sales 10,828 $ 31,186 75,753 $ 80,599 Gross profit 2,353 $ 8,112 20,129 $ 21,058 Operating income (loss) (2,358) $ 5,736 9,175 $ 12,281 Income (loss) from continuing operations before income taxes (1) (2,406) $ 5,739 9,174 $ 12,287 Provision (benefit) for income taxes (1,097) $ 1,210 1,509 $ 2,357 Income (loss) from discontinued operations (1) (1,309) $ 4,529 7,665 $ 9,930 (1) The results of operations for the periods from July 1, 2021 through disposition, January 1, 2021 through disposition, and the three and nine months ended September 30, 2020, each exclude $0.3 million and $1.7 million and $0.9 million and $2.8 million, respectively, of intercompany interest expense. The following table presents summary balance sheet information of Liberty that is presented as discontinued operations as of December 31, 2020 (in thousands): December 31, Assets Cash and cash equivalents $ 4,342 Accounts receivable, net 18,812 Inventories, net 9,406 Prepaid expenses and other current assets 945 Current assets of discontinued operations $ 33,505 Property, plant and equipment, net 9,551 Goodwill 32,828 Intangible assets, net 3,020 Other non-current assets 8,474 Non-current assets of discontinued operations $ 53,873 Liabilities Accounts payable $ 7,495 Accrued expenses 4,911 Due to related party 101 Other current liabilities 2,723 Current liabilities of discontinued operations $ 15,230 Deferred income taxes 1,815 Other non-current liabilities 9,320 Non-current liabilities of discontinued operations $ 11,135 Noncontrolling interest of discontinued operations $ 3,836

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Groups, Including Discontinued Operations	Summarized results of operations of Liberty for the three and nine months ended September 30, 2021 and 2020 through the date of disposition are as follows (in thousands): For the period July 1, 2021 through disposition Three months ended For the period January 1, 2021 through disposition Nine Months Ended Net sales 10,828 $ 31,186 75,753 $ 80,599 Gross profit 2,353 $ 8,112 20,129 $ 21,058 Operating income (loss) (2,358) $ 5,736 9,175 $ 12,281 Income (loss) from continuing operations before income taxes (1) (2,406) $ 5,739 9,174 $ 12,287 Provision (benefit) for income taxes (1,097) $ 1,210 1,509 $ 2,357 Income (loss) from discontinued operations (1) (1,309) $ 4,529 7,665 $ 9,930 (1) The results of operations for the periods from July 1, 2021 through disposition, January 1, 2021 through disposition, and the three and nine months ended September 30, 2020, each exclude $0.3 million and $1.7 million and $0.9 million and $2.8 million, respectively, of intercompany interest expense. The following table presents summary balance sheet information of Liberty that is presented as discontinued operations as of December 31, 2020 (in thousands): December 31, Assets Cash and cash equivalents $ 4,342 Accounts receivable, net 18,812 Inventories, net 9,406 Prepaid expenses and other current assets 945 Current assets of discontinued operations $ 33,505 Property, plant and equipment, net 9,551 Goodwill 32,828 Intangible assets, net 3,020 Other non-current assets 8,474 Non-current assets of discontinued operations $ 53,873 Liabilities Accounts payable $ 7,495 Accrued expenses 4,911 Due to related party 101 Other current liabilities 2,723 Current liabilities of discontinued operations $ 15,230 Deferred income taxes 1,815 Other non-current liabilities 9,320 Non-current liabilities of discontinued operations $ 11,135 Noncontrolling interest of discontinued operations $ 3,836

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2021
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables provide disaggregation of revenue by reportable segment geography for the three and nine months ended September 30, 2021 and 2020 (in thousands): Three months ended September 30, 2021 5.11 BOA Ergo Lugano Marucci Velocity ACI Altor Arnold Sterno Total United States $ 89,866 $ 10,941 $ 8,152 $ 10,438 $ 24,623 $ 69,879 $ 23,182 $ 37,519 $ 26,511 $ 97,547 $ 398,658 Canada 2,522 135 927 — 128 3,215 — — 129 2,735 9,791 Europe 6,644 14,408 8,010 — 27 1,944 — — 8,230 347 39,610 Asia Pacific 3,826 13,915 2,617 385 253 314 — — 1,484 169 22,963 Other international 8,241 97 110 — 9 1,549 — 6,603 498 29 17,136 $ 111,099 $ 39,496 $ 19,816 $ 10,823 $ 25,040 $ 76,901 $ 23,182 $ 44,122 $ 36,852 $ 100,827 $ 488,158 Three months ended September 30, 2020 5.11 Ergo Marucci Velocity ACI Altor Arnold Sterno Total United States $ 80,100 $ 6,378 $ 19,340 $ 64,012 $ 22,771 $ 31,084 $ 13,933 $ 92,254 $ 329,872 Canada 1,340 750 55 3,143 — — — 5,158 10,446 Europe 6,860 7,354 16 2,482 — — 6,926 272 23,910 Asia Pacific 3,550 4,874 130 245 — — 745 53 9,597 Other international 6,556 122 10 747 — 5,442 1,015 — 13,892 $ 98,406 $ 19,478 $ 19,551 $ 70,629 $ 22,771 $ 36,526 $ 22,619 $ 97,737 $ 387,717

Operating Segment Data (Tables)

Operating Segment Data (Tables)	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Summary of Net Sales of Operating Segments	Net Revenues Three months ended September 30, Nine months ended September 30, (in thousands) 2021 2020 2021 2020 5.11 $ 111,099 $ 98,406 $ 321,009 $ 281,822 BOA 39,496 — 120,033 — Ergobaby 19,816 19,478 69,100 59,171 Lugano 10,823 — 10,823 — Marucci 25,040 19,551 86,328 24,807 Velocity Outdoor 76,901 70,629 205,891 148,240 ACI 23,182 22,771 67,209 67,423 Altor 44,122 36,526 122,582 89,338 Arnold 36,852 22,619 101,893 76,447 Sterno 100,827 97,737 267,398 258,132 Total segment revenue 488,158 387,717 1,372,266 1,005,380 Corporate and other — — — — Total consolidated revenues $ 488,158 $ 387,717 $ 1,372,266 $ 1,005,380
Summary of Profit (Loss) of Operating Segments	Segment profit (loss) (1) Three months ended September 30, Nine months ended September 30, (in thousands) 2021 2020 2021 2020 5.11 $ 10,088 $ 8,681 $ 27,893 $ 17,969 BOA 7,091 — 25,798 — Ergobaby 246 2,363 5,964 5,943 Lugano 1,583 — 1,583 — Marucci 3,580 1,265 15,267 (6,478) Velocity Outdoor 12,905 11,062 33,039 13,896 ACI 6,791 6,205 18,610 18,272 Altor 5,380 4,759 13,612 11,118 Arnold 4,611 (495) 10,104 2,601 Sterno 4,232 7,674 15,094 16,906 Total 56,507 41,514 166,964 80,227 Reconciliation of segment profit (loss) to consolidated net income before income taxes: Interest expense, net (13,855) (12,351) (42,607) (32,122) Other income (expense), net 1,031 (450) (1,906) (2,178) Corporate and other (2) (15,407) (12,043) (77,298) (31,420) Total consolidated income before income taxes $ 28,276 $ 16,670 $ 45,153 $ 14,507 (1) Segment profit (loss) represents operating income (loss).
Summary of Goodwill and Identifiable Assets of Operating Segments	Depreciation and Amortization Expense Three months ended September 30, Nine months ended September 30, (in thousands) 2021 2020 2021 2020 5.11 $ 5,792 $ 5,296 $ 16,493 $ 15,734 BOA 5,082 — 14,818 — Ergobaby 2,042 2,038 6,354 6,129 Lugano 41 — 41 — Marucci 2,127 3,281 6,290 7,968 Velocity Outdoor 3,093 3,120 9,311 9,480 ACI 527 595 1,568 1,867 Altor 3,148 3,304 8,845 9,286 Arnold 1,965 1,697 5,702 4,969 Sterno 5,610 5,649 15,976 16,912 Total 29,427 24,980 85,398 72,345 Reconciliation of segment to consolidated total: Amortization of debt issuance costs and bond premium 759 577 2,084 1,656 Consolidated total $ 30,186 $ 25,557 $ 87,482 $ 74,001 Accounts Receivable Identifiable Assets September 30, December 31, September 30, December 31, (in thousands) 2021 2020 2021 (1) 2020 (1) 5.11 $ 50,339 $ 50,082 $ 349,752 $ 354,033 BOA 3,116 1,492 262,747 269,438 Ergobaby 8,423 5,034 87,483 91,293 Lugano 21,953 — 112,757 — Marucci 17,728 10,172 127,618 129,116 Velocity Outdoor 41,892 40,126 214,760 191,180 ACI 9,082 7,252 24,210 28,932 Altor 33,816 34,088 158,885 164,800 Arnold 22,534 13,237 86,534 75,958 Sterno 67,547 70,467 231,131 251,307 Allowance for doubtful accounts (17,489) (18,255) — — Total 258,941 213,695 1,655,877 1,556,057 Reconciliation of segment to consolidated total: Corporate and other identifiable assets — — 13,272 8,213 Assets of discontinued operations — — — 87,378 Consolidated total $ 258,941 $ 213,695 $ 1,669,149 $ 1,651,648 (1) Does not include accounts receivable balances per schedule above or goodwill balances - refer to Note G - "Goodwill and Other Intangible Assets" .

Property, Plant and Equipment_2

Property, Plant and Equipment and Inventory (Tables)	9 Months Ended
	Sep. 30, 2021
Property, Plant and Equipment [Abstract]
Summary of Property, Plant and Equipment	September 30, 2021 December 31, 2020 Machinery and equipment $ 212,815 $ 196,292 Furniture, fixtures and other 53,211 47,092 Leasehold improvements 54,645 49,287 Buildings and land 13,323 10,817 Construction in process 18,507 15,713 352,501 319,201 Less: accumulated depreciation (182,994) (156,083) Total $ 169,507 $ 163,118
Summary of Inventory	Inventory is comprised of the following at September 30, 2021 and December 31, 2020 (in thousands) : September 30, 2021 December 31, 2020 Raw materials $ 91,938 $ 76,831 Work-in-process 27,380 14,978 Finished goods 394,926 283,380 Less: obsolescence reserve (27,648) (21,222) Total $ 486,596 $ 353,967

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020, is as follows (in thousands) : Nine months ended September 30, 2021 Year ended Goodwill - gross carrying amount $ 969,948 $ 790,920 Accumulated impairment losses (57,745) (57,745) Goodwill - net carrying amount $ 912,203 $ 733,175 The following is a reconciliation of the change in the carrying value of goodwill for the nine months ended September 30, 2021 by operating segment (in thousands) : Balance at January 1, 2021 Acquisitions Balance at September 30, 2021 5.11 $ 92,966 $ — $ 92,966 BOA 254,153 — 254,153 Ergobaby 63,531 (2,083) 61,448 Lugano — 158,780 158,780 Marucci 68,170 — 68,170 Velocity Outdoor 30,079 — 30,079 ACI 58,019 — 58,019 Altor 75,369 — 75,369 Arnold 26,903 22,331 49,234 Sterno 55,336 — 55,336 Corporate (1) 8,649 — 8,649 Total $ 733,175 $ 179,028 $ 912,203 (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 September 30, 2021 and December 31, 2020 (in thousands) : September 30, 2021 December 31, 2020 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Customer relationships $ 534,536 $ (206,621) $ 327,915 $ 534,536 $ (177,416) $ 357,120 Technology and patents 155,821 (37,424) 118,397 148,397 (28,557) 119,840 Trade names, subject to amortization 358,775 (83,099) 275,676 358,758 (65,258) 293,500 Licensing and non-compete agreements 3,702 (3,652) 50 3,702 (3,482) 220 Distributor relations and other 1,960 (623) 1,337 210 (210) — Total 1,054,794 (331,419) 723,375 1,045,603 (274,923) 770,680 Trade names, not subject to amortization 56,965 — 56,965 56,965 — 56,965 In-process research and development (1) — — — 6,500 — 6,500 Total intangibles, net $ 1,111,759 $ (331,419) $ 780,340 $ 1,109,068 $ (274,923) $ 834,145
Summary of Estimated Charges to Amortization Expense of Intangible Assets	Estimated charges to amortization expense of intangible assets for the remainder of 2021 and the next four years, is as follows (in thousands) : 2021 2022 2023 2024 2025 $ 19,320 $ 72,480 $ 72,037 $ 70,274 $ 64,986

Warranties (Tables)

Warranties (Tables)	9 Months Ended
	Sep. 30, 2021
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 nine months ended September 30, 2021 and the year ended December 31, 2020 is as follows ( in thousands ): Warranty liability Nine months ended September 30, 2021 Year ended December 31, 2020 Beginning balance $ 1,558 $ 784 Provision for warranties issued during the period 3,227 2,821 Fulfillment of warranty obligations (2,739) (2,696) Other (1) — 649 Ending balance $ 2,046 $ 1,558

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Summary of Debt Holdings	he following table provides the Company’s debt holdings at September 30, 2021 and December 31, 2020 (in thousands) : September 30, 2021 December 31, 2020 Senior Notes $ 1,000,000 $ 600,000 Revolving Credit Facility 134,000 307,000 Less: Unamortized premiums and debt issuance costs (11,279) (7,540) Long-term debt $ 1,122,721 $ 899,460

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Summary of Basic and Diluted Earnings Per Share	Basic and diluted earnings per share for the three and nine months ended September 30, 2021 and 2020 attributable to the common shares of Holdings is calculated as follows (in thousands, except per share data) : Three months ended Nine months ended 2021 2020 2021 2020 Net income (loss) from continuing operations attributable to common shares of Holdings $ (4,470) $ 5,964 $ (25,718) $ (24,579) Less: Effect of contribution based profit - Holding Event 3,779 4,220 4,194 3,874 Net income (loss) from continuing operations attributable to common shares of Holdings $ (8,249) $ 1,744 $ (29,912) $ (28,453) Income from discontinued operations attributable to Holdings $ 71,581 $ 4,307 $ 79,888 $ 9,404 Less: Effect of contribution based profit - Holding Event — 624 — 1,260 Income from discontinued operations attributable to common shares of Holdings $ 71,581 $ 3,683 $ 79,888 $ 8,144 Basic and diluted weighted average common shares outstanding 65,008 64,900 64,936 62,556 Basic and fully diluted income (loss) per common share attributable to Holdings Continuing operations $ (0.13) $ 0.02 $ (0.46) $ (0.46) Discontinued operations 1.10 0.06 1.23 0.13 $ 0.97 $ 0.08 $ 0.77 $ (0.33)

Noncontrolling Interest (Tables

Noncontrolling Interest (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020: % Ownership (1) September 30, 2021 % Ownership (1) December 31, 2020 Primary Fully Primary Fully 5.11 97.7 88.4 97.6 88.1 BOA 92.7 83.7 81.9 74.8 Ergobaby 81.7 72.7 81.4 72.6 Lugano 60.0 60.0 n/a n/a Marucci 92.2 83.8 92.2 83.8 Velocity Outdoor 99.3 88.0 99.3 88.0 ACI 71.8 67.6 71.8 67.6 Altor 100.0 91.5 100.0 91.5 Arnold 98.0 88.1 96.7 81.1 Sterno 100.0 87.1 100.0 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) September 30, 2021 December 31, 2020 5.11 $ 14,904 $ 14,567 BOA 26,695 61,625 Ergobaby 28,616 27,408 Lugano 68,272 — Marucci 12,956 11,386 Velocity Outdoor 4,980 4,077 ACI (3,812) (7,175) Altor 3,671 2,901 Arnold 1,239 1,117 Sterno 1,195 282 Allocation Interests 100 100 $ 158,816 $ 116,288

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020 ( in thousands ): Fair Value Measurements at September 30, 2021 Carrying Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (151) $ — $ — $ (151) Contingent consideration - acquisition (2) (1,350) — — (1,350) Total recorded at fair value $ (1,501) $ — $ — $ (1,501) (1) Represents put option issued to noncontrolling shareholders in connection with the 5.11 acquisition. (2) Represents potential earn-out payable as additional purchase price consideration by Altor in connection with the acquisition of Polyfoam. Fair Value Measurements at December 31, 2020 Carrying Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (435) $ — $ — $ (435) Contingent consideration - acquisition (2) (1,350) — — (1,350) Total recorded at fair value $ (1,785) $ — $ — $ (1,785)
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, 2020 through September 30, 2021 are as follows ( in thousands ): Level 3 Balance at January 1, 2020 $ (111) Increase in the fair value of put option of noncontrolling shareholder - Liberty (264) Increase in the fair value of put option of noncontrolling shareholder - 5.11 (60) Contingent consideration - Polyfoam (1,350) Balance at December 31, 2020 $ (1,785) Termination of put option of noncontrolling shareholder - Liberty 314 Increase in the fair value of put option of noncontrolling shareholder - 5.11 (30) Balance at September 30, 2021 $ (1,501)

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2021
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 nine months ended September 30, 2021 and 2020 is as follows: Nine months ended September 30, 2021 2020 United States Federal Statutory Rate 21.0 % 21.0 % State income taxes (net of Federal benefits) 5.6 6.8 Foreign income taxes 3.4 2.4 Expenses of Compass Group Diversified Holdings LLC representing a pass through to shareholders (1) 29.3 15.4 Impact of subsidiary employee stock options 0.5 2.4 Credit utilization (5.6) (3.6) Non-recognition of NOL carryforwards at subsidiaries (0.5) (9.4) Effect of Tax Act (1.6) 8.6 Other 2.5 (1.4) Effective income tax rate 54.6 % 42.2 %

Defined Benefit Plan (Tables)

Defined Benefit Plan (Tables)	9 Months Ended
	Sep. 30, 2021
Retirement Benefits [Abstract]
Summary of Net Periodic Benefit Cost	Net periodic benefit cost consists of the following for the three and nine months ended September 30, 2021 and 2020 (in thousands ): Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Service cost $ 103 $ 143 $ 317 $ 420 Interest cost 10 8 27 23 Expected return on plan assets (18) (21) (55) (62) Amortization of unrecognized loss (7) 58 (5) 171 Effect of curtailment 23 352 111 352 Net periodic benefit cost $ 111 $ 540 $ 395 $ 904

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Supplemental Balance Sheet Disclosures	Supplemental balance sheet information related to leases was as follows ( in thousands ): Line Item in the Company’s Consolidated Balance Sheet September 30, 2021 December 31, 2020 Operating lease right-of-use assets Other non-current assets $ 96,956 $ 92,131 Current portion, operating lease liabilities Other current liabilities $ 25,423 $ 22,754 Operating lease liabilities Other non-current liabilities $ 84,690 $ 75,822
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows ( in thousands ): Nine months ended September 30, 2021 Nine months ended September 30, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 21,053 $ 22,816 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 13,633 $ 9,913
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: Lease Term and Discount Rate September 30, 2021 September 30, 2020 Weighted-average remaining lease term (years) 5.51 6.05 Weighted-average discount rate 7.62 % 7.65 %
Maturities of Lease Liabilities	The maturities of lease liabilities at September 30, 2021 are as follows ( in thousands ): 2021 (excluding nine months ended September 30, 2021) $ 3,769 2022 29,078 2023 22,128 2024 17,971 2025 14,612 Thereafter 30,081 Total undiscounted lease payments $ 117,639 Less: Interest 7,526 Present value of lease liabilities $ 110,113

Presentation and Principles o_3

Presentation and Principles of Consolidation - Narrative (Details) - Segment	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sole owner of Trust interest of the company		100.00%
Number of reportable operating segments	10	10

Acquisition - Additional Inform

Acquisition - Additional Information (Detail) - USD ($) $ in Thousands	Sep. 03, 2021	Mar. 01, 2021	Oct. 16, 2020	Jul. 01, 2020	Apr. 20, 2020	Sep. 30, 2020	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Jan. 01, 2021
Business Acquisition [Line Items]
Goodwill							$ 912,203		$ 912,203		$ 733,175	$ 733,175
Borrowings under credit facility									365,000	$ 200,000
Marucci [Member]
Business Acquisition [Line Items]
Goodwill							68,170		$ 68,170			$ 68,170
Marucci [Member]
Business Acquisition [Line Items]
Business Combination, Step Acquisition, Inventory, Remeasurement					$ 4,300
Integration service fees payable					2,000
Goodwill					68,170
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs					$ 198,916
Business Acquisition, Percentage of Voting Interests Acquired					92.20%
Business Combination, Acquisition Related Costs					$ 2,042						$ 2,000
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital					728
Business Combination, Acquired Receivables, Estimated Uncollectible					$ 1,200
BOA
Business Acquisition [Line Items]
Business Combination, Step Acquisition, Inventory, Remeasurement			$ 1,500
Integration service fees payable			4,400
Goodwill			254,153
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs			$ 454,326
Business Acquisition, Percentage of Voting Interests Acquired			82.00%
Business Combination, Acquisition Related Costs			$ 2,517					$ 2,500
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital			(1,970)
Borrowings under credit facility			300,000
Business Combination, Acquired Receivables, Estimated Uncollectible			$ 60
Arnold
Business Acquisition [Line Items]
Goodwill		$ 22,300
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs		34,300
Business acquisition, payment through equity investment		$ 35,500
Foam Fabricators [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs				$ 12,800		$ 3,600
Business Combination, Contingent Consideration, Earn out Provision, Fair Value				$ 1,400
Lugano
Business Acquisition [Line Items]
Integration service fees payable	$ 2,300
Goodwill	158,780
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs	$ 265,727
Business Acquisition, Percentage of Voting Interests Acquired	60.00%
Business Combination, Acquisition Related Costs	$ 1,827						$ 1,800
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital	10,000
Borrowings under credit facility	$ 120,000
Non- Controlling Interest | Marucci [Member]
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired					7.80%
Non- Controlling Interest | BOA
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired			18.00%
Non- Controlling Interest | Lugano
Business Acquisition [Line Items]
Business Acquisition, Percentage of Voting Interests Acquired	40.00%

Acquisition - Schedule of Asset

Acquisition - Schedule of Assets Acquired and Liabilities Assumed as of the Acquisition Date (Detail) - USD ($) $ in Thousands	Sep. 03, 2021	Oct. 16, 2020	Apr. 20, 2020	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Jan. 01, 2021
Assets:
Goodwill				$ 912,203			$ 733,175	$ 912,203		$ 733,175	$ 733,175
Acquisition Consideration
Payments to Acquire Businesses, Net of Cash Acquired								$ 302,110	$ 212,834
Marucci [Member]
Assets:
Goodwill			$ 68,170
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents			2,730
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables			11,471
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory			14,481
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment			10,307
Payments to Acquire Businesses, Gross			200,958
Business Combination, Acquired Receivables, Gross Contractual Amount			12,700
Business Combination, Acquired Receivables, Estimated Uncollectible			1,200
Business Combination, Step Acquisition, Inventory, Remeasurement			4,300
Business Combination, Step Acquisition, Inventory Amortized						$ 1,300	$ 3,000
Business Combination, Step Acquisition, PP&E, Remeasurement			2,500
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value			11,127
Notes Receivable, Related Parties			42,100
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets			2,208
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			100,211
Acquisition Consideration
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets			209,578
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities			6,501
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other			43,058
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities And Noncontrolling Interest			61,847
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Including Noncontrolling Interest			147,731
Cash Acquired from Acquisition			2,730
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital			728
Business Combination, Consideration Transferred, Other			(2,500)
Payments to Acquire Businesses, Net of Cash Acquired			200,000
Business Combination, Acquisition Related Costs			2,042							$ 2,000
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs			198,916
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities			$ 1,161
BOA
Assets:
Goodwill		$ 254,153
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents		7,677
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables		2,065
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory		6,178
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		15,431
Payments to Acquire Businesses, Gross		456,843
Business Combination, Acquired Receivables, Gross Contractual Amount		2,100
Business Combination, Acquired Receivables, Estimated Uncollectible		60
Business Combination, Step Acquisition, Inventory, Remeasurement		1,500
Business Combination, Step Acquisition, PP&E, Remeasurement		6,500
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value		61,534
Notes Receivable, Related Parties		119,349
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets		12,554
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		234,000
Acquisition Consideration
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets		532,058
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities		14,008
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other		130,587
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities And Noncontrolling Interest		256,098
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Including Noncontrolling Interest		275,960
Cash Acquired from Acquisition		7,677
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital		(1,970)
Business Combination, Consideration Transferred, Other		(2,864)
Payments to Acquire Businesses, Net of Cash Acquired		454,000
Business Combination, Acquisition Related Costs		2,517			$ 2,500
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs		454,326
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities		$ 49,969
Lugano
Assets:
Goodwill	$ 158,780
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	1,433
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables	20,954
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory	85,794
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,743
Payments to Acquire Businesses, Gross	267,554
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value	68,000
Notes Receivable, Related Parties	99,381
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets	4,979
Acquisition Consideration
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	274,683
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	7,129
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	99,381
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities And Noncontrolling Interest	174,510
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Including Noncontrolling Interest	100,173
Cash Acquired from Acquisition	1,554
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital	10,000
Payments to Acquire Businesses, Net of Cash Acquired	256,000
Business Combination, Acquisition Related Costs	1,827			$ 1,800
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs	265,727
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	$ 0

Acquisition - Schedule of Intan

Acquisition - Schedule of Intangible Assets Recorded as Part of Acquisition (Detail) - USD ($) $ in Thousands	Oct. 16, 2020	Apr. 20, 2020	Sep. 30, 2021	Jan. 01, 2021	Dec. 31, 2020
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill			$ 912,203	$ 733,175	$ 733,175
Marucci [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired		$ 100,211
Goodwill		68,170
Marucci [Member] | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired		$ 84,891
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		15 years
Marucci [Member] | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired		$ 11,120
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		15 years
Marucci [Member] | Technology-Based Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired		$ 4,200
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		15 years
BOA
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 234,000
Goodwill	254,153
BOA | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 84,300
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	20 years
BOA | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 73,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	15 years
BOA | Technology-Based Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 70,200
BOA | In Process Research and Development
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 6,500

Acquisition - Pro Forma Informa

Acquisition - Pro Forma Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Net loss attributable to Holdings	$ 88,100	$ 19,186	$ 92,464	$ 14,414
Marucci & Boa
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Business Acquisition, Pro Forma Revenue	506,834	428,741	1,443,324	1,151,137
Net loss attributable to Holdings	17,423	15,467	20,836	754
Business Acquisition, Pro Forma Gross Profit	201,177	169,430	588,938	450,919
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Net of Tax	45,970	35,196	144,965	64,252
Business Acquisition, Pro Forma Net Income (Loss)	$ 20,869	$ 16,490	$ 35,647	$ 5,914
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ (0.11)	$ (0.04)	$ (0.33)	$ (0.52)

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	Aug. 03, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain on sale of discontinued operations, net of income tax		$ 72,745	$ 100	$ 72,745	$ 100
Gain on sale of discontinued operations		$ 72,745	$ 100	$ 72,745	$ 100
Lugano
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Total enterprise value	$ 147,500
Disposal Group, repayment of intercompany loans	26,500
disposal group, including discontinued operation, transaction costs	4,500
Proceeds from sale of businesses	128,000
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal	$ 72,700

Discontinued Operations - Summa

Discontinued Operations - Summarized Balance Sheet Information (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		7 Months Ended	9 Months Ended
	Aug. 03, 2021	Sep. 30, 2021	Sep. 30, 2020	Aug. 03, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Liabilities:
Noncontrolling interest of discontinued operations		$ 158,816			$ 158,816		$ 116,288
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest		(1,309)	$ 4,529		7,665	$ 9,930
Disposal Group, Including Discontinued Operation, Assets, Current		0			0		33,505
Disposal Group, Including Discontinued Operation, Assets, Noncurrent		0			0		53,873
Disposal Group, Including Discontinued Operation, Liabilities, Current		0			0		15,230
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent		0			0		11,135
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operation		$ 0			$ 0		3,836
Lugano
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	$ 10,828		31,186	$ 75,753		80,599
Liabilities:
Disposal Group, Including Discontinued Operation, Gross Profit (Loss)	2,353		8,112	20,129		21,058
Disposal Group, Including Discontinued Operation, Operating Income (Loss)	(2,358)		5,736	9,175		12,281
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	(2,406)		5,739	9,174		12,287
Discontinued Operation, Tax Effect of Discontinued Operation	(1,097)		1,210	1,509		2,357
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	$ (1,309)		$ 4,529	$ 7,665		$ 9,930
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents							4,342
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net							18,812
Disposal Group, Including Discontinued Operation, Inventory, Current							9,406
Disposal Group, Including Discontinued Operation, Prepaid and Other Assets, Current							945
Disposal Group, Including Discontinued Operation, Assets, Current							33,505
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment							9,551
Disposal Group, Including Discontinued Operation, Goodwill							32,828
Disposal Group, Including Discontinued Operation, Intangible Assets							3,020
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent							8,474
Disposal Group, Including Discontinued Operation, Assets, Noncurrent							53,873
Disposal Group, Including Discontinued Operation, Accounts Payable, Current							7,495
Disposal Group, Including Discontinued Operation, Accrued Liabilities, Current							4,911
Disposal group due to related party							101
Disposal Group, Including Discontinued Operation, Other Liabilities, Current							2,723
Disposal Group, Including Discontinued Operation, Liabilities, Current							15,230
Disposal Group, Including Discontinued Operation, Deferred Tax Liabilities							1,815
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent							9,320
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent							11,135
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operation							$ 3,836

Discontinued Operations - Sum_2

Discontinued Operations - Summarized Operating Results (Details) - USD ($) $ in Thousands	Aug. 03, 2021	Aug. 03, 2021	Sep. 30, 2021	Sep. 30, 2020	Aug. 03, 2021	Sep. 30, 2021	Sep. 30, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income from discontinued operations			$ (1,309)	$ 4,529		$ 7,665	$ 9,930
Lugano
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal	$ 72,700
Disposal Group, Total enterprise value	147,500	$ 147,500			$ 147,500
Disposal Group, repayment of intercompany loans	26,500	26,500			26,500
disposal group, including discontinued operation, transaction costs	4,500
Proceeds from sale of business	$ 128,000
Lugano
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales		10,828		31,186	75,753		80,599
Gross profit		2,353		8,112	20,129		21,058
Operating income (loss)		(2,358)		5,736	9,175		12,281
Income (loss) from continuing operations before income taxes		(2,406)		5,739	9,174		12,287
Provision for income taxes		(1,097)		1,210	1,509		2,357
Income from discontinued operations		(1,309)		4,529	7,665		9,930
Disposal Group, Including Discontinued Operation, Intercompany Interest Expense Excluded from Income (Loss) from Discontinued Operations		$ 300		$ 900	$ 1,700		$ 2,800

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	$ 488,158	$ 387,717	$ 1,372,266	$ 1,005,380
5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	111,099	98,406	321,009	281,822
Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	19,816	19,478	69,100	59,171
Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	25,040	19,551	86,328	24,807
Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	76,901	70,629	205,891	148,240
ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	23,182	22,771	67,209	67,423
Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	36,852	22,619	101,893	76,447
Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	100,827	97,737	267,398	258,132
BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	39,496		120,033
Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	44,122	36,526	122,582	89,338
Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	10,823		10,823
United States
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	398,658	329,872	1,107,110	836,044
United States | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	89,866	80,100	262,113	223,204
United States | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,152	6,378	26,043	19,736
United States | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	24,623	19,340	85,084	24,375
United States | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	69,879	64,012	184,452	131,791
United States | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	23,182	22,771	67,209	67,423
United States | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	26,511	13,933	69,967	47,789
United States | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	97,547	92,254	257,000	246,182
United States | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	10,941		39,758
United States | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	37,519	31,084	105,046	75,544
United States | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	10,438		10,438
Canada
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	9,791	10,446	30,816	26,524
Canada | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	2,522	1,340	7,840	4,605
Canada | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	927	750	2,789	2,466
Canada | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	128	55	604	70
Canada | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	3,215	3,143	9,339	7,915
Canada | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Canada | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	129	0	545	239
Canada | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	2,735	5,158	8,994	11,229
Canada | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	135		705
Canada | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Canada | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0		0
Europe
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	39,610	23,910	121,921	69,370
Europe | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	6,644	6,860	20,285	20,412
Europe | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,010	7,354	23,838	19,953
Europe | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	27	16	85	20
Europe | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,944	2,482	7,024	5,954
Europe | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Europe | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,230	6,926	24,899	22,536
Europe | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	347	272	1,044	495
Europe | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	14,408		44,746
Europe | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Europe | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0		0
Asia Pacific
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	22,963	9,597	69,386	31,116
Asia Pacific | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	3,826	3,550	11,707	10,943
Asia Pacific | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	2,617	4,874	16,037	15,784
Asia Pacific | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	253	130	541	330
Asia Pacific | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	314	245	1,095	679
Asia Pacific | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Asia Pacific | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,484	745	4,728	3,293
Asia Pacific | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	169	53	274	87
Asia Pacific | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	13,915		34,619
Asia Pacific | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Asia Pacific | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	385		385
Other international
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	17,136	13,892	43,033	42,326
Other international | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,241	6,556	19,064	22,658
Other international | Ergo
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	110	122	393	1,232
Other international | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	9	10	14	12
Other international | Velocity
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,549	747	3,981	1,901
Other international | ACI
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Other international | Arnold
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	498	1,015	1,754	2,590
Other international | Sterno
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	29	0	86	139
Other international | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	97		205
Other international | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	6,603	$ 5,442	17,536	$ 13,794
Other international | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	$ 0		$ 0

Operating Segment Data - Additi

Operating Segment Data - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)ClientsSegment	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)SegmentFacility	Sep. 30, 2020USD ($)	Mar. 23, 2021USD ($)
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 30,186	$ 25,557	$ 87,482	$ 74,001
Number of reportable operating segments | Segment	10		10
Senior notes due 2026 [Member]
Segment Reporting Information [Line Items]
proceeds held in escrow					$ 647,700
Ergobaby | Geographic Concentration Risk | Trading Revenue
Segment Reporting Information [Line Items]
Concentration risk, percentage			50.00%
Arnold | Minimum
Segment Reporting Information [Line Items]
Number of clients | Clients	2,000
Altor
Segment Reporting Information [Line Items]
Number Of Manufacturing Facilities | Facility			14
Operating Segments
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 29,427	24,980	$ 85,398	72,345
Operating Segments | 5.11
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	5,792	5,296	16,493	15,734
Operating Segments | Ergobaby
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	2,042	2,038	6,354	6,129
Operating Segments | Velocity
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	3,093	3,120	9,311	9,480
Operating Segments | ACI
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	527	595	1,568	1,867
Operating Segments | Arnold
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	1,965	1,697
Operating Segments | Sterno
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	5,610	5,649	15,976	16,912
Operating Segments | Altor
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 3,148	$ 3,304	$ 8,845	$ 9,286

Operating Segment Data - Summar

Operating Segment Data - Summary of Net Sales of Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	$ 488,158	$ 387,717	$ 1,372,266	$ 1,005,380
5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	111,099	98,406	321,009	281,822
Marucci [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	25,040	19,551	86,328	24,807
Velocity
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	76,901	70,629	205,891	148,240
ACI
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	23,182	22,771	67,209	67,423
Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	100,827	97,737	267,398	258,132
BOA
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	39,496		120,033
Altor
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	44,122	36,526	122,582	89,338
Lugano
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	10,823		10,823
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	488,158	387,717	1,372,266	1,005,380
Operating Segments | 5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	111,099	98,406	321,009	281,822
Operating Segments | Ergobaby
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	19,816	19,478	69,100	59,171
Operating Segments | Marucci [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	25,040	19,551	86,328	24,807
Operating Segments | Velocity
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	76,901	70,629	205,891	148,240
Operating Segments | ACI
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	23,182	22,771	67,209	67,423
Operating Segments | Arnold
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	36,852	22,619	101,893	76,447
Operating Segments | Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	100,827	97,737
Operating Segments | Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax			267,398	258,132
Operating Segments | BOA
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	39,496	0	120,033	0
Operating Segments | Altor
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	44,122	36,526	122,582	89,338
Operating Segments | Lugano
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	10,823	0	10,823	0
Reconciliation of Segment to Consolidated | Corporate and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	$ 0	$ 0	$ 0	$ 0

Operating Segment Data - Summ_2

Operating Segment Data - Summary of Profit (Loss) of Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Segment Reporting, Revenue Reconciling Item [Line Items]
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$ 28,276	$ 16,670	$ 45,153	$ 14,507
Other income (expense), net	1,031	(450)	(1,906)	(2,178)
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	56,507	41,514	166,964	80,227
Operating Segments | 5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	10,088	8,681	27,893	17,969
Operating Segments | Ergobaby
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	246	2,363	5,964	5,943
Operating Segments | Marucci [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	3,580	1,265	15,267	(6,478)
Operating Segments | Velocity
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	12,905	11,062	33,039	13,896
Operating Segments | ACI
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	6,791	6,205	18,610	18,272
Operating Segments | Arnold
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	4,611	(495)	10,104	2,601
Operating Segments | Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	4,232	7,674
Operating Segments | Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes			15,094	16,906
Operating Segments | BOA
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	7,091	0	25,798	0
Operating Segments | Altor
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	5,380	4,759	13,612	11,118
Operating Segments | Lugano
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	1,583	0	1,583	0
Reconciliation of Segment to Consolidated
Segment Reporting, Revenue Reconciling Item [Line Items]
Interest expense, net	(13,855)	(12,351)	(42,607)	(32,122)
Other income (expense), net	1,031	(450)	(1,906)	(2,178)
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	$ (15,407)	$ (12,043)	$ (77,298)	$ (31,420)

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			9 Months Ended
		Sep. 30, 2021		Sep. 30, 2020	Sep. 30, 2021		Sep. 30, 2020	Dec. 31, 2020
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, Allowance for Credit Loss		$ (17,489)			$ (17,489)			$ (18,255)
Identifiable Assets	[1]	1,669,149			1,669,149			1,651,648
Disposal Group, Including Discontinued Operation, Assets								87,378
Depreciation and Amortization Expense		30,186		$ 25,557	87,482		$ 74,001
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, after Allowance for Credit Loss		258,941			258,941			213,695
Identifiable Assets	[1]	1,655,877			1,655,877			1,556,057
Depreciation and Amortization Expense		29,427		24,980	85,398		72,345
Operating Segments | 5.11
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		50,339			50,339			50,082
Identifiable Assets	[1]	349,752			349,752			354,033
Depreciation and Amortization Expense		5,792		5,296	16,493		15,734
Operating Segments | Ergobaby
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		8,423			8,423			5,034
Identifiable Assets	[1]	87,483			87,483			91,293
Depreciation and Amortization Expense		2,042		2,038	6,354		6,129
Operating Segments | Marucci [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		17,728			17,728			10,172
Identifiable Assets		127,618			127,618			129,116	[1]
Depreciation and Amortization Expense		2,127		3,281	6,290		7,968
Operating Segments | Velocity
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		41,892			41,892			40,126
Identifiable Assets	[1]	214,760			214,760			191,180
Depreciation and Amortization Expense		3,093		3,120	9,311		9,480
Operating Segments | ACI
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		9,082	[1]		9,082	[1]		7,252
Identifiable Assets	[1]	24,210			24,210			28,932
Depreciation and Amortization Expense		527		595	1,568		1,867
Operating Segments | Arnold
Segment Reporting, Asset Reconciling Item [Line Items]
Depreciation and Amortization Expense					5,702		4,969
Operating Segments | Arnold
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		22,534	[1]		22,534	[1]		13,237
Identifiable Assets	[1]	86,534			86,534			75,958
Depreciation and Amortization Expense		1,965		1,697
Operating Segments | Sterno
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		67,547			67,547			70,467
Identifiable Assets		231,131			231,131			251,307	[1]
Depreciation and Amortization Expense		5,610		5,649	15,976		16,912
Operating Segments | BOA
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		3,116			3,116			1,492
Identifiable Assets		262,747			262,747			269,438
Depreciation and Amortization Expense		5,082		0	14,818		0
Operating Segments | Altor
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		33,816			33,816			34,088
Identifiable Assets		158,885			158,885			164,800
Depreciation and Amortization Expense		3,148		3,304	8,845		9,286
Operating Segments | Lugano
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		21,953			21,953			0
Identifiable Assets		112,757			112,757			0	[1]
Depreciation and Amortization Expense		41		0	41		0
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		759		$ 577	2,084		$ 1,656
Reconciliation of Segment to Consolidated | Corporate and other
Segment Reporting, Asset Reconciling Item [Line Items]
Identifiable Assets	[1]	$ 13,272			$ 13,272			$ 8,213
[1]	Does not include accounts receivable balances per schedule above or goodwill balances - refer to Note G - "Goodwill and Other Intangible Assets" .

Property, Plant and Equipment_3

Property, Plant and Equipment and Inventory - Summary of Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Document Period End Date			Sep. 30, 2021
Depreciation expense	$ 10,400	$ 8,400	$ 28,896	$ 24,459
Property, plant and equipment, gross	352,501		352,501		$ 319,201
Construction in process	18,507		18,507		15,713
Less: accumulated depreciation	(182,994)		(182,994)		(156,083)
Total	169,507		169,507		163,118
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	212,815		212,815		196,292
Furniture, fixtures and other
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	53,211		53,211		47,092
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	54,645		54,645		49,287
Buildings and land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 13,323		$ 13,323		$ 10,817

Property, Plant and Equipment_4

Property, Plant and Equipment and Inventory - Summary of Inventory (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Document Period End Date			Sep. 30, 2021
Depreciation expense	$ 10,400	$ 8,400	$ 28,896	$ 24,459
Raw materials	91,938		91,938		$ 76,831
Work-in-process	27,380		27,380		14,978
Finished goods	394,926		394,926		283,380
Less: obsolescence reserve	(27,648)		(27,648)		(21,222)
Total	$ 486,596		$ 486,596		$ 353,967

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2020	Jun. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jan. 01, 2021	Dec. 31, 2020
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 912,203				$ 912,203		$ 733,175	$ 733,175
Goodwill, Acquired During Period					179,028
Goodwill - gross carrying amount	969,948				969,948			790,920
Goodwill, estimated impairment loss	57,745				57,745			$ 57,745
Amortization expense	19,056		$ 15,222		56,502	$ 43,506
Velocity
Goodwill And Other Intangible Assets [Line Items]
Goodwill	30,079				30,079		30,079
Impairment assessment assumptions weighted average cost of capital				12.80%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent				16.40%
ACI
Goodwill And Other Intangible Assets [Line Items]
Goodwill	58,019				58,019		58,019
5.11
Goodwill And Other Intangible Assets [Line Items]
Goodwill	92,966				92,966		92,966
Ergobaby
Goodwill And Other Intangible Assets [Line Items]
Goodwill	61,448				61,448		63,531
Impairment assessment assumptions weighted average cost of capital				15.90%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent				14.00%
Lugano
Goodwill And Other Intangible Assets [Line Items]
Goodwill	158,780				158,780		0
Marucci [Member]
Goodwill And Other Intangible Assets [Line Items]
Goodwill	68,170				68,170		68,170
Goodwill, Acquired During Period					0
Arnold
Goodwill And Other Intangible Assets [Line Items]
Goodwill	49,234				49,234		26,903
Goodwill, Acquired During Period					22,331
Impairment assessment assumptions weighted average cost of capital		13.00%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent		272.00%
Sterno
Goodwill And Other Intangible Assets [Line Items]
Goodwill	55,336				55,336		55,336
Corporate Segment [Member]
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 8,649				$ 8,649		$ 8,649
Foam Fabricators [Member]
Goodwill And Other Intangible Assets [Line Items]
Impairment assessment assumptions weighted average cost of capital				13.30%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent				3.80%

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		9 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Sep. 30, 2021	Jan. 01, 2021	Dec. 31, 2020
Goodwill [Line Items]
Goodwill - gross carrying amount			$ 969,948		$ 790,920
Accumulated impairment losses			(57,745)		(57,745)
Goodwill - net carrying amount			912,203	$ 733,175	$ 733,175
Goodwill, Acquired During Period			179,028
Goodwill [Roll Forward]
Balance as of January 1, 2017			912,203
Balance as of March 31, 2017			733,175
Corporate Segment [Member]
Goodwill [Line Items]
Goodwill - net carrying amount			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
Goodwill [Roll Forward]
Balance as of January 1, 2017			92,966
Ergobaby
Goodwill [Line Items]
Goodwill - net carrying amount			61,448	63,531
Goodwill [Roll Forward]
Balance as of January 1, 2017			61,448
Impairment assessment assumptions weighted average cost of capital		15.90%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent		14.00%
Lugano
Goodwill [Line Items]
Goodwill - net carrying amount			158,780	0
Goodwill [Roll Forward]
Balance as of January 1, 2017			158,780
ACI
Goodwill [Line Items]
Goodwill - net carrying amount			58,019	58,019
Goodwill [Roll Forward]
Balance as of January 1, 2017			58,019
Arnold
Goodwill [Line Items]
Goodwill - net carrying amount			49,234	26,903
Goodwill, Acquired During Period			22,331
Goodwill [Roll Forward]
Balance as of January 1, 2017			49,234
Impairment assessment assumptions weighted average cost of capital	13.00%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent	272.00%
Velocity
Goodwill [Line Items]
Goodwill - net carrying amount			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%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent		16.40%
Sterno
Goodwill [Line Items]
Goodwill - net carrying amount			55,336	55,336
Goodwill [Roll Forward]
Balance as of January 1, 2017			55,336
Marucci [Member]
Goodwill [Line Items]
Goodwill - net carrying amount			68,170	68,170
Goodwill, Acquired During Period			0
Goodwill [Roll Forward]
Balance as of January 1, 2017			68,170
BOA
Goodwill [Line Items]
Goodwill - net carrying amount			254,153	254,153
Goodwill [Roll Forward]
Balance as of January 1, 2017			254,153
Ergo
Goodwill [Line Items]
Goodwill, Acquired During Period			(2,083)
Altor
Goodwill [Line Items]
Goodwill - net carrying amount			75,369	$ 75,369
Goodwill [Roll Forward]
Balance as of January 1, 2017			75,369
Lugano
Goodwill [Line Items]
Goodwill, Acquired During Period			$ 158,780

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Summary of Other Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Document Period End Date			Sep. 30, 2021
Amortization expense	$ 19,056	$ 15,222	$ 56,502	$ 43,506
Other intangible assets, gross	1,054,794		1,054,794		$ 1,045,603
Total accumulated amortization	(331,419)		(331,419)		(274,923)
Finite-Lived Intangible Assets, Net	723,375		723,375		770,680
Trade names, not subject to amortization	56,965		56,965		56,965
Finite Lived In Process Research And Development	0		0		6,500
Intangible Assets, Gross (Excluding Goodwill)	1,111,759		1,111,759		1,109,068
Total intangibles, net	780,340		780,340		834,145
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	534,536		534,536		534,536
Total accumulated amortization	(206,621)		(206,621)		(177,416)
Finite-Lived Intangible Assets, Net	327,915		327,915		357,120
Technology and patents
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	155,821		155,821		148,397
Total accumulated amortization	(37,424)		(37,424)		(28,557)
Finite-Lived Intangible Assets, Net	118,397		118,397		119,840
Trade name
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	358,775		358,775		358,758
Total accumulated amortization	(83,099)		(83,099)		(65,258)
Finite-Lived Intangible Assets, Net	275,676		275,676		293,500
Licensing and non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	3,702		3,702		3,702
Total accumulated amortization	(3,652)		(3,652)		(3,482)
Finite-Lived Intangible Assets, Net	50		50		220
Distributor relations and other
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	1,960		1,960		210
Total accumulated amortization	(623)		(623)		(210)
Finite-Lived Intangible Assets, Net	$ 1,337		$ 1,337		$ 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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 19,056	$ 15,222	$ 56,502	$ 43,506
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	19,320		19,320
2022	72,480		72,480
2023	72,037		72,037
2024	70,274		70,274
2025	$ 64,986		$ 64,986

Warranties - Change in Carrying

Warranties - Change in Carrying Value of Company's Warranty Liability (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Schedule of Equity Method Investments [Line Items]
Beginning balance	$ 1,558	$ 784
Provision for warranties issued during the period	3,227	2,821
Fulfillment of warranty obligations	(2,739)	(2,696)
Ending balance	2,046
Velocity
Schedule of Equity Method Investments [Line Items]
Standard and Extended Product Warranty Accrual, Additions from Business Acquisition	$ 0	$ 649

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Mar. 23, 2021	Mar. 02, 2021	Dec. 31, 2020	Apr. 18, 2018
Debt Instrument [Line Items]
Document Period End Date			Sep. 30, 2021
Line of Credit Facility, Maximum Borrowing Capacity	$ 465,000,000		$ 465,000,000
Accumulated amortization	5,209,000		5,209,000				$ 6,121,000
Deferred debt issuance costs, less accumulated amortization	18,256,000		18,256,000				10,345,000
Gain (Loss) on Extinguishment of Debt	0	$ 0	33,305,000	$ 0
Term Loan Facility
Debt Instrument [Line Items]
Deferred debt issuance costs, less accumulated amortization	11,279,000		11,279,000				$ 7,540,000
Letter of Credit
Debt Instrument [Line Items]
Letter of credit outstanding	$ 1,000,000		$ 1,000,000
Senior notes due 2026 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage					5.25%	8.00%
2018 Credit Facility | Term Loan | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity								$ 500,000,000
2018 Credit Facility | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity								$ 600,000,000

Debt - Issuance Costs (Details)

Debt - Issuance Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021	Mar. 02, 2021	Dec. 31, 2020	May 07, 2020
Debt Instrument [Line Items]
Debt Issuance Costs, Gross	$ 23,465		$ 23,465				$ 16,466
Accumulated Amortization, Debt Issuance Costs	(5,209)		(5,209)				(6,121)
Deferred debt issuance costs, less accumulated amortization	18,256		18,256				10,345
Amortization of debt issuance costs	(759)	$ (660)	(2,167)	$ (1,795)
Other Noncurrent Assets [Member]
Debt Instrument [Line Items]
Deferred debt issuance costs, less accumulated amortization	6,977		6,977				2,805
Other Noncurrent Liabilities [Member]
Debt Instrument [Line Items]
Deferred debt issuance costs, less accumulated amortization	$ 11,279		$ 11,279				$ 7,540
Senior Notes due 2029
Debt Instrument [Line Items]
Debt Issuance Costs, Gross						$ 12,000
Senior notes due 2026 [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Gross					$ 7,200
2021 Credit Facility
Debt Instrument [Line Items]
Debt Issuance Costs, Gross								$ 5,400

Debt - Summary of Debt Holdings

Debt - Summary of Debt Holdings (Detail) - USD ($)	Mar. 02, 2021	Sep. 30, 2021	Sep. 30, 2020	Mar. 23, 2021	Dec. 31, 2020	Apr. 18, 2018
Debt Instrument [Line Items]
Document Period End Date		Sep. 30, 2021
Senior Notes		$ 1,000,000,000
Less: Unamortized discounts and debt issuance costs		(18,256,000)			$ (10,345,000)
Long term debt		1,122,721,000			899,460,000
Long-term Debt, Fair Value		1,042,500,000
Borrowings under credit facility		365,000,000	$ 200,000,000
Line of Credit Facility, Maximum Borrowing Capacity		465,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Long-term Debt, Gross		134,000,000			307,000,000
Term Loan Facility
Debt Instrument [Line Items]
Less: Unamortized discounts and debt issuance costs		(11,279,000)			$ (7,540,000)
Senior notes due 2026 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	8.00%			5.25%
Long-term Debt, Current Maturities	$ (600,000,000)
Debt Instrument, Redemption Price, Percentage	100.00%
proceeds held in escrow				$ 647,700,000
Letter of Credit
Debt Instrument [Line Items]
Letter of credit outstanding		$ 1,000,000
2018 Credit Facility | Term Loan | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity						$ 500,000,000
2021 Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 600,000,000
2021 Credit Facility | Revolving Credit Facility | Fed Funds Effective Rate Overnight Index Swap Rate
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				0.50%
2021 Credit Facility | Revolving Credit Facility | Eurodollar
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				1.00%
2021 Credit Facility | Revolving Credit Facility | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				1.50%
2021 Credit Facility | Revolving Credit Facility | Minimum | Base Rate
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				0.50%
2021 Credit Facility | Revolving Credit Facility | Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				2.50%
2021 Credit Facility | Revolving Credit Facility | Maximum | Base Rate
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				1.50%
2021 Credit Facility | Line of Credit
Debt Instrument [Line Items]
Credit facility obtained				$ 25,000,000
2021 Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Credit facility obtained				100,000,000
2021 Credit Facility | Term Loan | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity				$ 250,000,000
Senior Notes due 2029
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage				5.25%
Debt issuance, aggregate principal amount				$ 1,000,000,000

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Oct. 30, 2021	Oct. 22, 2021	Sep. 07, 2021	Jul. 30, 2021	Jul. 22, 2021	Apr. 30, 2021	Apr. 22, 2021	Jan. 30, 2021	Jan. 22, 2021	Oct. 30, 2020	Oct. 22, 2020	Jul. 30, 2020	Jul. 23, 2020	May 07, 2020	Apr. 30, 2020	Apr. 23, 2020	Jan. 30, 2020	Jan. 23, 2020	Nov. 20, 2019	Mar. 13, 2018	Jun. 28, 2017	Dec. 31, 2021	Sep. 30, 2021	Sep. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 02, 2019
Stockholders Equity [Line Items]
Distribution Expense, Preferred Shareholders																							$ 6,045	$ 6,046			$ 18,136	$ 17,633
Accrued Distribution Preferred Shareholders																							$ 2,869	2,869			$ 2,869	2,869
Trust shares, authorized (shares)																							500,000,000				500,000,000		500,000,000
Trust shares, issued (shares)														5,000,000									65,530,000				65,530,000		64,900,000
Share Price														$ 17.60
Proceeds from Issuance of Common Stock														$ 83,900													$ 18,522	83,884
Preferred Stock, Shares Authorized																							50,000,000				50,000,000		50,000,000
Stock Issued During Period, Value, New Issues																							$ 18,522	24			$ 18,522	83,884
Preferred Stock, Redemption Price Per Share																			$ 25
Trust shares, voting rights																											One vote per share
Distribution declared per share			$ 0.88		$ 0.36		$ 0.36		$ 0.36		$ 0.36		$ 0.36			$ 0.36		$ 0.36
Distributions paid			$ 57,112		$ 23,364		$ 23,364		$ 23,364		$ 23,364		$ 23,364			$ 21,564		$ 21,564									$ 127,204	66,492
Net Income Loss Available To Trust Stock Net of Distributions																							(4,470)	5,964			$ (25,718)	(24,579)
Document Period End Date																											Sep. 30, 2021
Distributions paid - allocation interests																										$ 9,100	$ 17,289	9,087
At the market offering costs																							300
Commissions Payable to Broker-Dealers and Clearing Organizations																							$ 300				$ 300
At the market equity offering
Stockholders Equity [Line Items]
Trust shares, authorized (shares)			500,000,000
Shares, Issued																							630,108,000				630,108,000
Proceeds from Issuance or Sale of Equity																							$ 18,800
Trust Common Shares
Stockholders Equity [Line Items]
Distribution To Shareholders																							$ 80,476	23,364			$ 127,204	66,492
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			$ 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			$ 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			$ 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			$ 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%
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				$ 492.1875000		$ 492.1875000		$ 492.1875000		$ 492.1875000		$ 492.1875000			$ 492.1875000		$ 382.81000
Distribution To Shareholders				$ 2,264		$ 2,264		$ 2,264		$ 2,264		$ 2,264			$ 2,264		$ 1,531
Subsequent Event
Stockholders Equity [Line Items]
Distribution declared per share		$ 0.36																				$ 0.36
Distributions paid		$ 23,742
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
Accumulated Deficit | Trust Common Shares
Stockholders Equity [Line Items]
Distribution To Shareholders																							80,476	23,364			127,204	66,492
Trust Common Shares
Stockholders Equity [Line Items]
Stock Issued During Period, Value, New Issues																							18,522	$ 24			$ 18,522	$ 83,884
Stock Issued During Period, Shares, New Issues																					96,400,000
Lugano
Stockholders Equity [Line Items]
Distributions For Contribution Based Profit Allocation Payments																									$ 2,000	$ 3,300
Lugano | Subsequent Event
Stockholders Equity [Line Items]
Distributions paid - allocation interests																						$ 16,800
ACI
Stockholders Equity [Line Items]
Distributions paid - allocation interests																							$ 12,100

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
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	$ (4,470)	$ 5,964	$ (25,718)	$ (24,579)
Less: Effect of contribution based profit - Holding Event	3,779	4,220	4,194	3,874
Income (loss) from discontinued operations, net of income tax	(1,164)	4,207	7,143	9,304
Net income (loss) from continuing operations attributable to common shares of Holdings	$ (8,249)	$ 1,744	$ (29,912)	$ (28,453)
Basic and diluted weighted average shares outstanding (shares)	65,008	64,900	64,936	62,556
Continuing operations (usd per share)	$ (0.13)	$ 0.02	$ (0.46)	$ (0.46)
Discontinued operations (usd per share)	1.10	0.06	1.23	0.13
Earnings Per Share, Basic and Diluted (usd per share)	$ 0.97	$ 0.08	$ 0.77	$ (0.33)
Income from continuing operations	$ 16,519	$ 14,879	$ 12,576	$ 5,010
Discontinued Operations, Disposed of by Sale [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Less: Effect of contribution based profit - Holding Event	0	624	0	1,260
Income (loss) from discontinued operations, net of income tax	71,581	3,683	79,888	8,144
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	$ 71,581	$ 4,307	$ 79,888	$ 9,404

Noncontrolling Interest - Compa

Noncontrolling Interest - Company's Ownership Percentage of its Majority Owned Operating Segments and Related Noncontrolling Interest (Detail) - USD ($) $ in Thousands		Sep. 30, 2021		Dec. 31, 2020
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 158,816		$ 116,288
Marucci [Member] | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership		92.20%	[1]	92.20%
Marucci [Member] | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership		83.80%	[1]	83.80%
5.11 | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]			97.60%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	97.70%
5.11 | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]			88.10%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	88.40%
Ergobaby | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]			81.40%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	81.70%
Ergobaby | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]			72.60%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	72.70%
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]			88.00%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	88.00%
ACI | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	71.80%		71.80%
ACI | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	67.60%		67.60%
Arnold | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	98.00%		96.70%
Arnold | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	88.10%		81.10%
Sterno | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	100.00%		100.00%
Sterno | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	87.10%		88.50%
BOA | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership				81.90%
Noncontrolling Interest, Ownership Percentage by Parent		92.70%
BOA | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership				74.80%
Noncontrolling Interest, Ownership Percentage by Parent		83.70%
Altor | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership		100.00%		100.00%
Altor | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership		91.50%		91.50%
Lugano | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	60.00%
Lugano | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	60.00%
Marucci [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 12,956		$ 11,386
Arnold
Noncontrolling Interest [Line Items]
Noncontrolling interest		1,239		1,117
Sterno
Noncontrolling Interest [Line Items]
Noncontrolling interest		1,195		282
Velocity
Noncontrolling Interest [Line Items]
Noncontrolling interest		4,980		4,077
Ergobaby
Noncontrolling Interest [Line Items]
Noncontrolling interest		28,616		27,408
5.11
Noncontrolling Interest [Line Items]
Noncontrolling interest		14,904		14,567
ACI
Noncontrolling Interest [Line Items]
Noncontrolling interest		(3,812)		(7,175)
Allocation Interests [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest		100		100
BOA
Noncontrolling Interest [Line Items]
Noncontrolling interest		26,695		61,625
Altor
Noncontrolling Interest [Line Items]
Noncontrolling interest		3,671		2,901
Lugano
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 68,272		$ 0
[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) September 30, 2021 December 31, 2020 5.11 $ 14,904 $ 14,567 BOA 26,695 61,625 Ergobaby 28,616 27,408 Lugano 68,272 — Marucci 12,956 11,386 Velocity Outdoor 4,980 4,077 ACI (3,812) (7,175) Altor 3,671 2,901 Arnold 1,239 1,117 Sterno 1,195 282 Allocation Interests 100 100 $ 158,816 $ 116,288

Noncontrolling Interest Noncont

Noncontrolling Interest Noncontrolling Interest- Additional Information (Details) - USD ($) $ in Thousands	Sep. 07, 2021	Sep. 03, 2021	Jul. 22, 2021	Apr. 22, 2021	Jan. 22, 2021	Oct. 22, 2020	Jul. 23, 2020	Apr. 23, 2020	Jan. 23, 2020	Mar. 31, 2021	Sep. 30, 2021	Sep. 30, 2020
Noncontrolling Interest [Line Items]
Distributions paid	$ 57,112		$ 23,364	$ 23,364	$ 23,364	$ 23,364	$ 23,364	$ 21,564	$ 21,564		$ 127,204	$ 66,492
Payments for Repurchase of Redeemable Noncontrolling Interest											$ 50,462	$ 1,253
Line of Credit Facility, Increase (Decrease), Net										$ 200,000
BOA
Noncontrolling Interest [Line Items]
Payments for Repurchase of Redeemable Noncontrolling Interest		$ 48,000
Line of Credit Facility, Increase (Decrease), Net		38,000
Noncontrolling Interest, Increase from Subsidiary Equity Issuance		$ 39,400

Fair Value Measurement - Summar

Fair Value Measurement - Summary of Liabilities Carried at Fair Value Measured on Recurring Basis (Detail) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Jan. 31, 2019
Liabilities:
Total recorded at fair value	$ (1,501)	$ (1,785)	$ (111)
Fair Value, Measurements, Recurring | Fair Value Measurement [Domain] | business acquisition
Liabilities:
Total recorded at fair value	1,350	1,350
Fair Value, Measurements, Recurring | Carrying Value
Liabilities:
Put option of noncontrolling shareholders	(151)	(435)
Total recorded at fair value	(1,501)	(1,785)
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	(151)	(435)
Total recorded at fair value	$ (1,501)	$ (1,785)

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	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of liability, Beginning balance		$ (1,785)
Fair value of liability, Ending balance	$ (1,501)	(1,501)	$ (1,785)
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	$ (30)		(60)
Altor
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Payment of contingent consideration			(1,350)
Lugano
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Contingent consideration - Rimports (1)		$ 314	$ (264)

Fair Value Measurement - Assets

Fair Value Measurement - Assets Measured on Nonrecurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes		$ 600,000	$ 1,000,000
Long-term Debt, Fair Value	$ 1,042,500

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Document Period End Date	Sep. 30, 2021
Line of Credit Facility, Maximum Borrowing Capacity	$ 465

Income Taxes - Reconciliation b

Income Taxes - Reconciliation between Federal Statutory Rate and Effective Income Tax Rate (Detail)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Income Tax Contingency [Line Items]
United States Federal Statutory Rate	21.00%	21.00%
State income taxes (net of Federal benefits)	5.60%	6.80%
Foreign income taxes	3.40%	2.40%
Expenses of Compass Group Diversified Holdings, LLC representing a pass through to shareholders	29.30%	15.40%
Impact of subsidiary employee stock options	0.50%	2.40%
Credit utilization	(5.60%)	(3.60%)
Effective Income Tax Rate Reconciliation, Non Recognition Of Nol Carry Forwards at Subsidiaries	(0.50%)	(9.40%)
Effect of Tax Act	(1.60%)	8.60%
Other	2.50%	(1.40%)
Effective income tax rate	54.60%	42.20%

Defined Benefit Plan - Addition

Defined Benefit Plan - Additional Information (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0.2
Unfunded liability	2.8
Expected contribution to the Foreign Plan	$ 0.1

Defined Benefit Plan - Summary

Defined Benefit Plan - Summary of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Retirement Benefits [Abstract]
Service cost	$ 103	$ 143	$ 317	$ 420
Interest cost	10	8	27	23
Expected return on plan assets	(18)	(21)	(55)	(62)
Amortization of unrecognized loss	(7)	58	(5)	171
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment	23	352	111	352
Net periodic benefit cost	$ 111	$ 540	$ 395	$ 904

Commitments and Contingencies -

Commitments and Contingencies - Components of Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating lease cost	$ 8,200	$ 7,500	$ 24,300	$ 21,800
Operating cash flows from operating leases			21,053	22,816
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability			13,633	9,913
Other Commitments [Line Items]
Operating lease cost	8,200	$ 7,500	24,300	$ 21,800
Other Noncurrent Assets [Member]
Other Commitments [Line Items]
Operating Lease, Right-of-Use Asset	96,956		96,956		$ 92,131
Other current liabilities
Other Commitments [Line Items]
Operating Lease, Liability, Current	25,423		25,423		22,754
Other Noncurrent Liabilities [Member]
Other Commitments [Line Items]
Operating Lease, Liability, Noncurrent	$ 84,690		$ 84,690		$ 75,822

Commitments and Contingencies_2

Commitments and Contingencies - Maturity of Lease Liabilities (Details) $ in Thousands	Sep. 30, 2021USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 3,769
Lessee, Operating Lease, Liability, to be Paid, Year One	29,078
2020	22,128
2021	17,971
2022	14,612
Thereafter	30,081
Total undiscounted lease payments	117,639
Less: Interest	7,526
Present value of lease liabilities	$ 110,113

Commitments and Contingencies_3

Commitments and Contingencies - Lease Term and Discount Rate (Details)	Sep. 30, 2021	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Weighted-average remaining lease term (years)	5 years 6 months 3 days	6 years 18 days
Weighted-average discount rate	7.62%	7.65%

Commitments and Contingencies_4

Commitments and Contingencies - Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 13,633	$ 9,913
Operating cash flows from operating leases	$ 21,053	$ 22,816

Commitments and Contingencies S

Commitments and Contingencies Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Leases [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 13,633	$ 9,913
Operating cash flows from operating leases	$ 21,053	$ 22,816
Commitments and Contingencies	ote O - Commitments and ContingenciesIn 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 was not a material component of our total lease expense for the three and nine months ended September 30, 2021 and 2020. The Company recognized $8.2 million and $24.3 million in the three and nine months ended September 30, 2021, respectively, and $7.5 million and $21.8 million in the three and nine months ended September 30, 2020, respectively, in expense related to operating leases in the condensed consolidated statements of operations. The maturities of lease liabilities at September 30, 2021 are as follows ( in thousands ): 2021 (excluding nine months ended September 30, 2021) $ 3,769 2022 29,078 2023 22,128 2024 17,971 2025 14,612 Thereafter 30,081 Total undiscounted lease payments $ 117,639 Less: Interest 7,526 Present value of lease liabilities $ 110,113 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, lease accounting guidance 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: Lease Term and Discount Rate September 30, 2021 September 30, 2020 Weighted-average remaining lease term (years) 5.51 6.05 Weighted-average discount rate 7.62 % 7.65 % Supplemental balance sheet information related to leases was as follows ( in thousands ): Line Item in the Company’s Consolidated Balance Sheet September 30, 2021 December 31, 2020 Operating lease right-of-use assets Other non-current assets $ 96,956 $ 92,131 Current portion, operating lease liabilities Other current liabilities $ 25,423 $ 22,754 Operating lease liabilities Other non-current liabilities $ 84,690 $ 75,822 Supplemental cash flow information related to leases was as follows ( in thousands ): Nine months ended September 30, 2021 Nine months ended September 30, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 21,053 $ 22,816 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 13,633 $ 9,913
Other Noncurrent Liabilities [Member]
Leases [Abstract]
Operating Lease, Liability, Noncurrent	$ 84,690		$ 75,822
Other Commitments [Line Items]
Operating Lease, Liability, Noncurrent	84,690		75,822
Other Noncurrent Assets [Member]
Leases [Abstract]
Operating Lease, Right-of-Use Asset	96,956		92,131
Other Commitments [Line Items]
Operating Lease, Right-of-Use Asset	96,956		92,131
Other current liabilities
Leases [Abstract]
Operating Lease, Liability, Current	25,423		22,754
Other Commitments [Line Items]
Operating Lease, Liability, Current	$ 25,423		$ 22,754

- Narrative (Details)

- Narrative (Details) - USD ($) $ in Thousands	Aug. 03, 2021	Sep. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 03, 2021	Oct. 16, 2020	Apr. 20, 2020
Related Party Transaction [Line Items]
Line of Credit Facility, Increase (Decrease), Net			$ 200,000
Management fee waiver					50.00%
Line of Credit Facility, Maximum Borrowing Capacity		$ 465,000			$ 465,000
Document Period End Date					Sep. 30, 2021
Marucci [Member]
Related Party Transaction [Line Items]
Integration service fees payable									$ 2,000
BOA
Related Party Transaction [Line Items]
Integration service fees payable								$ 4,400
Lugano
Related Party Transaction [Line Items]
Integration service fees payable							$ 2,300
5.11
Related Party Transaction [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 55,000
Business Combination, Consideration Transferred	$ 53,700
5.11
Related Party Transaction [Line Items]
Ownership percentage intercompany loan agreement	97.70%
Related Party Vendor [Member]
Related Party Transaction [Line Items]
Ownership Percentage, Related Party Vendors					40.00%
Related Party Transaction, Purchases from Related Party		100		$ 700	$ 900	$ 2,300
Related Party Vendor [Member] | BOA
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party		$ 11,200			$ 32,800

Subsequent Event (Detail)

Subsequent Event (Detail) - USD ($)

Oct. 22, 2021

Oct. 13, 2021

Oct. 05, 2021

Sep. 03, 2021

Mar. 02, 2021

Apr. 20, 2020

Sep. 30, 2021

Sep. 30, 2020

Jun. 30, 2020

Sep. 30, 2021

Sep. 30, 2020

Dec. 31, 2020

Mar. 23, 2021

Subsequent Event [Line Items]

Line of Credit Facility, Maximum Borrowing Capacity

$ 465,000,000

$ 465,000,000

Borrowings under credit facility

365,000,000

$ 200,000,000

Gain (Loss) on Extinguishment of Debt

$ 0

$ 0

(33,305,000)

0

Distributions paid - allocation interests

$ 9,100,000

$ 17,289,000

$ 9,087,000

ACI | % Ownership Fully Diluted

Subsequent Event [Line Items]

% Ownership

[1]

67.60%

67.60%

67.60%

Senior notes due 2026 [Member]

Subsequent Event [Line Items]

Debt Instrument, Interest Rate, Stated Percentage

8.00%

5.25%

Debt Instrument, Redemption Price, Percentage

100.00%

Subsequent Event | ACI | % Ownership Fully Diluted

Subsequent Event [Line Items]

% Ownership

67.00%

Marucci [Member]

Subsequent Event [Line Items]

Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs

$ 198,916,000

Business Combination, Acquisition Related Costs

$ 2,042,000

$ 2,000,000

Business Acquisition, Percentage of Voting Interests Acquired

92.20%

Lugano

Subsequent Event [Line Items]

Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs

$ 265,727,000

Borrowings under credit facility

120,000,000

Business Combination, Acquisition Related Costs

$ 1,827,000

$ 1,800,000

Business Acquisition, Percentage of Voting Interests Acquired

60.00%

Plymouth Foam | Subsequent Event

Subsequent Event [Line Items]

Borrowings under credit facility

$ 52,000,000

Business Combination, Acquisition Related Costs

400,000

Lizard Skinds | Subsequent Event

Subsequent Event [Line Items]

Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs

$ 47,000,000

Borrowings under credit facility

44,100,000

Business Combination, Acquisition Related Costs

$ 1,400,000

Business Acquisition, Equity Interest Issued or Issuable, Number of Shares

11,915

Business Acquisition, Percentage of Voting Interests Acquired

1.00%

Plymouth Foam | Subsequent Event

Subsequent Event [Line Items]

Disposal Group, Total enterprise value

$ 56,000,000

ACI

Subsequent Event [Line Items]

Distributions paid - allocation interests

$ 12,100,000

ACI | Subsequent Event

Subsequent Event [Line Items]

Proceeds from sale of business

$ 310,000,000

Noncash or Part Noncash Divestiture, Amount of Consideration Received

$ 70,000,000

Percentage of Gross Consideration Received

77.00%

Proceeds from Divestiture of Businesses, Net of Cash Divested

$ 240,000,000

Additional shares of SPAC common stock

2,400,000

[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) September 30, 2021 December 31, 2020 5.11 $ 14,904 $ 14,567 BOA 26,695 61,625 Ergobaby 28,616 27,408 Lugano 68,272 — Marucci 12,956 11,386 Velocity Outdoor 4,980 4,077 ACI (3,812) (7,175) Altor 3,671 2,901 Arnold 1,239 1,117 Sterno 1,195 282 Allocation Interests 100 100 $ 158,816 $ 116,288

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Subsequent Events [Abstract]
Gain (Loss) on Extinguishment of Debt	$ 0	$ 0	$ (33,305)	$ 0

Uncategorized Items - codi-2021

Label	Element	Value
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	$ 18,720,000
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	16,274,000
Disposal Group, Including Discontinued Operation, Cash	us-gaap_DisposalGroupIncludingDiscontinuedOperationCash	4,300,000
Disposal Group, Including Discontinued Operation, Cash	us-gaap_DisposalGroupIncludingDiscontinuedOperationCash	$ 3,400,000