Compass Diversified (CODI) 10-Q 2 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Oct. 27, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
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		71,820,329
Entity Central Index Key	0001345126
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
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, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 64,737	$ 57,880
Accounts receivable, net	349,839	331,396
Inventories	801,887	728,083
Prepaid expenses and other current assets	98,974	74,700
Disposal Group, Including Discontinued Operation, Assets, Current	0	18,126
Total current assets	1,315,437	1,210,185
Property, plant and equipment, net	203,512	198,525
Goodwill	1,041,469	1,066,726
Intangible assets, net	1,069,995	1,127,936
Other Assets	180,399	166,412
Disposal Group, Including Discontinued Operation, Assets, Noncurrent	0	79,847
Total assets	3,810,812	3,849,631
Current liabilities:
Accounts payable	100,226	90,404
Accrued expenses	191,068	196,239
Notes Payable, Related Party, Name [Extensible Enumeration]	17,230	15,495
Debt, Current	10,000	10,000
Other current liabilities	35,795	36,545
Disposal Group, Including Discontinued Operation, Liabilities, Current	0	11,148
Total current liabilities	354,319	359,831
Deferred Income Tax Liabilities, Net	133,118	145,643
Long-term debt	1,775,776	1,824,468
Other non-current liabilities	157,850	141,535
Total liabilities	$ 2,421,063	$ 2,487,669
Preferred Stock, Shares Issued	12,600,000	12,600,000
Stockholders’ equity
Trust common shares, no par value, 500,000 authorized; 72,203 shares issued and 71,820 shares outstanding at September 30, 2023 and 72,203 issue and outstanding at December 31, 2022	$ 1,206,917	$ 1,207,044
Accumulated other comprehensive income (loss)	(1,186)	(1,136)
Accumulated deficit	(362,680)	(372,906)
Total stockholders’ equity attributable to Holdings	1,139,580	1,136,920
Noncontrolling interest	250,169	223,509
Total stockholders’ equity	1,389,749	1,361,962
Total liabilities and stockholders’ equity	$ 3,810,812	$ 3,849,631
Preferred Stock, Shares Outstanding	12,600,000	12,600,000
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Trust shares, par value (in dollars per share)	$ 0
Trust shares, authorized (shares)	500,000,000	500,000,000
Trust shares, outstanding (shares)	71,820,000	72,203,000
Treasury Stock, Common, Value	$ (7,389)	$ 0
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent	0	16,192
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations	$ 0	$ 1,533
Series A Preferred Stock
Preferred Stock, No Par Value	$ 0
Current liabilities:
Preferred Stock, Shares Issued	4,000,000	4,000,000
Preferred Stock, Value, Issued	$ 96,417	$ 96,417
Stockholders’ equity
Preferred Stock, Shares Outstanding	4,000,000	4,000,000
Series B Preferred Stock [Member]
Preferred Stock, No Par Value	$ 0
Current liabilities:
Preferred Stock, Shares Issued	4,000,000	4,000,000
Preferred Stock, Value, Issued	$ 96,504	$ 96,504
Stockholders’ equity
Preferred Stock, Shares Outstanding	4,000,000	4,000,000
Series C Preferred Stock [Member]
Preferred Stock, No Par Value	$ 0	$ 0
Current liabilities:
Preferred Stock, Shares Issued	4,600,000	4,600,000
Preferred Stock, Value, Issued	$ 110,997	$ 110,997
Stockholders’ equity
Preferred Stock, Shares Outstanding	4,600,000	4,600,000

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Class of Stock [Line Items]
Preferred Stock, Shares Issued	12,600,000	12,600,000
Preferred Stock, Shares Outstanding	12,600,000	12,600,000
Trust shares, issued (shares)	72,203,000
Trust shares, par value (in dollars per share)	$ 0
Trust shares, authorized (shares)	500,000,000	500,000,000
Trust shares, outstanding (shares)	71,820,000	72,203,000
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Preferred Stock, Shares Issued	12,600,000	12,600,000
Preferred Stock, Shares Outstanding	12,600,000	12,600,000
Accounts Receivable, Allowance for Credit Loss	$ 11,773	$ 12,211
Accumulated Amortization, Debt Issuance Costs, Noncurrent	$ 8,113	$ 7,234
Series A Preferred Stock
Class of Stock [Line Items]
Preferred Stock, Shares Issued	4,000,000	4,000,000
Preferred Stock, Shares Outstanding	4,000,000	4,000,000
Preferred Stock, No Par Value	$ 0
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, Shares Issued	4,000,000	4,000,000
Preferred Stock, Shares Outstanding	4,000,000	4,000,000
Preferred Stock, No Par Value	$ 0
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, Shares Issued	4,600,000	4,600,000
Preferred Stock, Shares Outstanding	4,600,000	4,600,000
Preferred Stock, No Par Value	$ 0	$ 0
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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Discontinued operations (usd per share)	$ 0.02	$ 0.06	$ 1.43	$ 0.24
Earnings Per Share, Diluted	$ (0.33)	$ (0.21)	$ 0.69	$ 0.20
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	$ 0	$ 684	$ (777)	$ 2,680
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total	913	17,521	41,087	78,538
Provision for income taxes	$ 5,947	$ 20,493	$ 20,227	$ 36,601
Continuing operations (usd per share)	$ (0.35)	$ (0.27)	$ (0.74)	$ (0.04)
Gain on sale of discontinued operations, net of income tax	$ 1,274	$ 1,479	$ 103,495	$ 6,893
Impairment expense	32,568	0	32,568	0
Gain (Loss) on Extinguishment of Debt	0	(534)	0	(534)
Net revenues	569,565	575,819	1,635,952	1,601,929
Cost of Goods and Services Sold	315,347	346,260	907,013	959,798
Gross profit	254,218	229,559	728,939	642,131
Operating expenses:
Selling, general and administrative expense	147,962	144,040	442,345	390,336
Management fees	18,596	16,592	51,911	45,929
Amortization expense	26,657	25,152	79,708	67,178
Operating income	28,435	43,775	122,407	138,688
Other income (expense):
Interest expense, net	(27,560)	(22,799)	(80,355)	(57,737)
Amortization of debt issuance costs	(1,005)	(1,004)	(3,034)	(2,735)
Other income (expense), net	1,043	(1,917)	2,069	856
Provision for income taxes	5,947	20,493	20,227	36,601
Net income (loss)	(3,760)	2,585	122,964	63,282
Less: Net income from continuing operations attributable to noncontrolling interest	(6,394)	(3,675)	(14,892)	(12,247)
Net income (loss) attributable to Holdings	$ (10,154)	$ (1,774)	$ 108,849	$ 48,355
Amounts attributable to Holdings
Weighted average number of shares of trust stock outstanding – basic and fully diluted (in shares)	71,881	71,910	71,996	70,514
Cash distributions declared per share (refer to Note J) (usd per share)	$ 0.25	$ 0.25	$ 0.75	$ 0.75
Total
Net revenues	$ 54,469	$ 75,482	$ 126,348	$ 180,774

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net income (loss)	$ (3,760)	$ 2,585	$ 122,964	$ 63,282
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(1,114)	(2,144)	742	(3,620)
Other comprehensive income (loss)
Pension benefit liability, net	(354)	216	(792)	2,055
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(1,468)	(1,928)	(50)	(1,565)
Total comprehensive income (loss) attributable to Holdings, net of tax	(5,228)	657	122,914	61,717
Less: Net income attributable to noncontrolling interests	6,394	4,359	14,115	14,927
Less: Other comprehensive income (loss) attributable to noncontrolling interests	(22)	(30)	14	(32)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$ (11,600)	$ (3,672)	$ 108,785	$ 46,822

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Stockholders' Equity - USD ($) $ in Thousands	Total	Aci [Member]	Marucci [Member]	Primaloft	Trust Common Shares	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Stockholders' Equity Attributable to Holdings	Non- Controlling Interest	Non- Controlling Interest Marucci [Member]	Non- Controlling Interest Primaloft	Non Controlling Interest Of Discontinued Operations [Member]	Non Controlling Interest Of Discontinued Operations [Member] Aci [Member]	Treasury Stock, Common	Series A Trust Preferred Shares	Trust Preferred Shares	Trust Preferred Shares Accumulated Deficit	Trust Preferred Shares Stockholders' Equity Attributable to Holdings	Series B Trust Preferred Shares	Series C Preferred Stock [Member] Trust Preferred Shares	Trust Common Shares	Trust Common Shares Accumulated Deficit	Trust Common Shares Stockholders' Equity Attributable to Holdings
Noncontrolling interest									$ 175,328
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations												$ (2,614)
Stockholders' Equity Attributable to Parent					$ 1,123,193	$ (314,267)	$ (1,028)	$ 1,111,816						$ 0	$ 96,417				$ 96,504	$ 110,997
Beginning balance at Dec. 31, 2021	$ 1,284,530
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	63,282
Total comprehensive loss, net	(1,565)						(1,565)	(1,565)
Stock Issued During Period, Value, New Issues	83,889				83,889			83,889
Option activity attributable to noncontrolling shareholders	8,851								8,479			372
Effect of subsidiary stock option exercise	1,082								1,082
Purchase of noncontrolling interest	(1,127)								(1,127)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders	(11,292)								(11,292)
Distributions paid																$ (18,136)	$ (18,136)	$ (18,136)			$ (52,794)	$ (52,794)	$ (52,794)
Ending balance at Sep. 30, 2022	1,391,983				1,207,082									0	96,417				96,504	110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Holdings	48,355					48,355		48,355
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest									12,247
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	2,680											2,680
Distribution Expense, Allocation Interests	0
Noncontrolling interest									177,707
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations												(370)
Stockholders' Equity Attributable to Parent					1,185,348	(311,092)	(665)	1,177,509						0	96,417				96,504	110,997
Beginning balance at Jun. 30, 2022	1,354,846
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	2,585
Total comprehensive loss, net	(1,928)						(1,928)	(1,928)
Stock Issued During Period, Value, New Issues	21,734				21,734			21,734
Option activity attributable to noncontrolling shareholders	3,241								3,117			124
Effect of subsidiary stock option exercise	642								642
Purchase of noncontrolling interest	(424)								(424)
Distributions paid																(6,045)	(6,045)	(6,045)			(17,931)		(17,931)
Ending balance at Sep. 30, 2022	1,391,983				1,207,082									0	96,417				96,504	110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Holdings	(1,774)			$ (5,520)		(1,774)		(1,774)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest									3,675
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	684											684
Distribution Expense, Allocation Interests	0
Noncontrolling interest									219,980
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations												438
Stockholders' Equity Attributable to Parent					1,207,082	(336,842)	(2,593)	1,171,565						0	96,417				96,504	110,997
Noncontrolling interest	223,509		$ 20,045	36,263					223,509
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations	1,533	$ 1,533										1,533
Stockholders' Equity Attributable to Parent	1,136,920				1,207,044	(372,906)	(1,136)	1,136,920						0	96,417				96,504	110,997
Beginning balance at Dec. 31, 2022	1,361,962
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	122,964
Total comprehensive loss, net	(50)						(50)	(50)
Stock Issued During Period, Value, New Issues	127				127			127
Option activity attributable to noncontrolling shareholders	9,858								8,885			973
Effect of subsidiary stock option exercise	350								350
Purchase of noncontrolling interest	(1,622)								(1,622)
Noncontrolling Interest, Increase from Business Combination			4,155	35,263						$ 4,155	$ 35,263
Distributions paid																(18,136)	(18,136)	(18,136)			(54,012)	$ (54,012)	(54,012)
Ending balance at Sep. 30, 2023	1,389,749				1,206,917									(7,389)	96,417				96,504	110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Holdings	108,849			29,477		108,849		108,849
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest									14,892
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	(777)											(777)
Noncontrolling Interest, Decrease from Deconsolidation		$ (1,729)											$ (1,729)
Distribution Expense, Allocation Interests	26,475					26,475		26,475
Stock Repurchased During Period, Value	(7,389)							(7,389)						(7,389)
Noncontrolling interest									240,815
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations												0
Stockholders' Equity Attributable to Parent					1,206,953	(328,507)	282	1,176,790						(5,856)	96,417				96,504	110,997
Beginning balance at Jun. 30, 2023	1,417,605
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(3,760)
Total comprehensive loss, net	(1,468)						(1,468)	(1,468)
Stock Issued During Period, Value, New Issues	36				36			36
Option activity attributable to noncontrolling shareholders	3,174								3,174
Effect of subsidiary stock option exercise	293								293
Purchase of noncontrolling interest	(507)								(507)
Noncontrolling Interest, Increase from Business Combination				35,263							$ 35,263
Distributions paid																$ (6,045)	$ (6,045)	$ (6,045)			$ (17,974)		$ (17,974)
Ending balance at Sep. 30, 2023	1,389,749				$ 1,206,917									(7,389)	$ 96,417				$ 96,504	$ 110,997
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss attributable to Holdings	(10,154)					(10,154)		(10,154)
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest									6,394
Less: Net income (loss) from discontinued operations attributable to noncontrolling interest	0
Distribution Expense, Allocation Interests	0
Stock Repurchased During Period, Value	(1,533)							(1,533)						$ (1,533)
Noncontrolling interest	250,169		$ 26,989	$ 35,969					$ 250,169
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations	0											$ 0
Stockholders' Equity Attributable to Parent	$ 1,139,580					$ (362,680)	$ (1,186)	$ 1,139,580

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income (loss)	$ (3,760)	$ 2,585	$ 122,964	$ 63,282
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	0	4,078	(1,391)	14,452
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax			103,495	6,893
Income (loss) from continuing operations	(5,034)	(2,972)	20,860	41,937
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation expense	12,700	10,800	37,264	31,059
Amortization expense	26,657	25,152	79,708	67,178
Amortization of Acquisition Costs			1,135	4,899
Amortization of debt issuance costs			3,034	2,735
Impairment expense	32,568	0	32,568	0
Noncontrolling stockholder stock based compensation			8,885	8,479
Provision for receivable and inventory reserves			(381)	1,143
Deferred taxes			(11,784)	8,528
Gain (Loss) on Extinguishment of Debt	0	534	0	534
Other			832	762
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable			(20,029)	(45,211)
Inventories			(73,402)	(159,978)
Other current and non-current assets			(2,070)	(16,524)
Accounts payable and accrued expenses			(18,381)	(285)
Cash provided by (used in) operating activities - continuing operations			58,239	(54,744)
Net Cash Provided by (Used in) Operating Activities, Total			56,952	(39,923)
Cash Provided by (Used in) Operating Activities, Discontinued Operations			(1,287)	14,821
Payments to Acquire Businesses, Net of Cash Acquired			(23,298)	(564,885)
Cash flows from investing activities:
Purchases of property and equipment			(43,648)	(39,471)
Proceeds from Divestiture of Businesses			105,123	6,893
Other investing activities			(2,055)	(1,276)
Cash provided by (used in) investing activities - continuing operations			36,122	(598,739)
Cash Provided by (Used in) Investing Activities, Discontinued Operations			68,169	(212)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock			(127)	83,889
Borrowings under credit facility			287,000	169,000
Repayments under credit facility			(330,000)	(56,000)
Proceeds from Issuance of Other Long-Term Debt			0	400,000
Repayments of Other Long-Term Debt			7,500	2,500
Distributions paid - common shares			(54,012)	(52,794)
Distributions paid - preferred shares			(18,136)	(18,136)
Payments to Noncontrolling Interests, Allocation Interests			(26,475)	0
Payments to Noncontrolling Interests			0	(11,292)
Net proceeds provided by noncontrolling shareholders			350	1,082
Proceeds From Minority Shareholders - Acquisitions			0	35,263
Payments for Repurchase Subsidiary Stock			1,622	1,127
Payments of Debt Issuance Costs			0	(5,276)
Other			(16)	19
Net cash provided by (used in) financing activities			(157,927)	542,128
Foreign currency impact on cash			150	(2,735)
Net increase (decrease) in cash and cash equivalents			3,466	(99,481)
Cash and cash equivalents — beginning of period (1)			61,271	160,733	$ 160,733
Cash and cash equivalents — end of period (2)	64,737	61,252	64,737	61,252	61,271
Net Cash Provided by (Used in) Investing Activities, Total			104,291	(598,951)
Disposal Group, Including Discontinued Operation, Cash		3,700		3,700	$ 3,400	$ 3,600
Gain on sale of discontinued operations, net of income tax	$ 1,274	$ 1,479	103,495	6,893
Payments for Repurchase of Common Stock			$ (7,389)	$ 0

Presentation and Principles of

Presentation and Principles of Consolidation	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Presentation and Principles of Consolidation	Presentation and Principles of Consolidation Compass Diversified Holdings, a Delaware statutory trust (the "Trust") and Compass Group Diversified Holdings LLC, a Delaware limited liability company (the "LLC"), were formed to acquire and manage a group of small and middle-market businesses headquartered in North America. Collectively, Compass Diversified Holdings and Compass Group Diversified Holdings, LLC are referred to as the "Company". 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 LLC and, pursuant to the LLC Agreement, the LLC has, outstanding, the identical number of Trust Interests as the number of outstanding common shares of the Trust. The LLC is the operating entity with a board of directors and other corporate governance responsibilities, similar to that of a Delaware corporation. The LLC is a controlling owner of ten businesses, or operating segments, at September 30, 2023. The segments are as follows: 5.11 Acquisition Corp. ("5.11"), Boa Holdings Inc. ("BOA"), The Ergo Baby Carrier, Inc. ("Ergobaby"), Lugano Holdings, Inc. ("Lugano Diamonds" or "Lugano"), Wheelhouse Holdings, Inc. ("Marucci Sports" or "Marucci"), Relentless Intermediate, Inc. ("PrimaLoft"), Velocity Outdoor, Inc. ("Velocity Outdoor" or "Velocity"), AMT Acquisition Corporation ("Arnold"), FFI Compass, Inc. ("Altor Solutions" or "Altor") (formerly "Foam Fabricators"), and Sterno Products, LLC ("Sterno"). The segments are referred to interchangeably as “businesses”, “operating segments” or “subsidiaries” throughout the financial statements. 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 LLC and oversees the management and operations of our businesses pursuant to a management services agreement (the "Management Services Agreement" or "MSA"). Basis of Presentation The condensed consolidated financial statements for the three and nine month periods ended September 30, 2023 and September 30, 2022 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, 2022. Consolidation The condensed consolidated financial statements include the accounts of the Trust and the Company, as well as the businesses acquired as of their respective acquisition date. All significant intercompany accounts and transactions have been eliminated in consolidation. Discontinued operating entities are reflected as discontinued operations in the Company's results of operations and statements of financial position. Discontinued Operations During the first quarter of 2023, the Company completed the sale of Compass AC Holdings, Inc. (“Advanced Circuits or ACI”). The results of operations of ACI are reported as discontinued operations in the condensed consolidated statements of operations for the nine months ended September 30, 2023 and the three and nine months ended September 30, 2022. 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.

Acquisition

Acquisition	9 Months Ended
	Sep. 30, 2023
Acquisitions [Abstract]
Business Combination Disclosure [Text Block]	ote B — Acquisitions The acquisitions of our businesses are accounted for under the acquisition method of accounting. For each platform acquisition, the Company typically structures the transaction so that a newly created holding company acquires 100% of the equity interests in the acquired business. The entirety of the purchase consideration is paid by the newly created holding company to the selling shareholders. The total purchase consideration is the amount paid to the selling shareholders and we will, from time to time, allow the selling shareholder to reinvest a portion of their proceeds alongside the Company at the same price per share, into the holding company that acquires the target business. Once the acquisition is complete, the selling shareholders no longer hold equity interests in the acquired company, but rather hold noncontrolling interest in the holding company that acquired the target business. Because the selling shareholders are investing in the transaction alongside the Company at the same price per share as the Company and are not retaining their existing equity in the acquired business, the Company includes the amount provided by noncontrolling shareholders in the total purchase consideration. A component of our acquisition financing strategy that we utilize in acquiring the businesses we own and manage is to provide both equity capital and debt capital, raised at the parent level, typically through our existing credit facility. The debt capital is in the form of “intercompany loans” made by the LLC to the newly created holding company and the acquired business and are due from the newly created holding company and the acquired business, and payable to the LLC by the newly created holding company and the acquired business. The selling shareholders of the acquired businesses are not a party to the intercompany loan agreements nor do they have any obligation to repay the intercompany loans. These intercompany loans eliminate in consolidation and are not reflected on the Company's consolidated balance sheets. Acquisition of PrimaLoft On July 12, 2022, the LLC, through its newly formed indirect acquisition subsidiary, Relentless Intermediate, Inc. ("PrimaLoft Buyer"), acquired PrimaLoft Technologies Holdings, Inc. (“PrimaLoft”) pursuant to a Stock Purchase Agreement (the “PrimaLoft Purchase Agreement”), dated June 4, 2022, by and between PrimaLoft Buyer and VP PrimaLoft Holdings, LLC ("PrimaLoft Seller"). The Company acquired PrimaLoft for a total purchase price, including proceeds from noncontrolling shareholders, of approximately $541.1 million. The Company funded the acquisition through a draw on its 2022 Revolving Credit Facility and the proceeds from its $400 million 2022 Term Loan Facility. PrimaLoft management invested in the transaction along with the Company, representing 9.2% of the initial equity interest in PrimaLoft. Concurrent with the closing, the Company provided a credit facility to PrimaLoft pursuant to which a secured revolving loan commitment and secured term loan were made available to PrimaLoft (the "PrimaLoft Credit Agreement"). The initial revolving loan and term loan commitments under these facilities on the closing date were $178 million. CGM received integration service fees of $4.8 million quarterly over the twelve-month period ended June 30, 2023. The Company incurred $5.7 million of transaction costs in conjunction with the PrimaLoft acquisition, which was included in selling, general and administrative expense in the consolidated statements of operations during the third quarter of 2022. PrimaLoft, Inc. is a branded, advanced material technology company based in Latham, New York and is focused on the research and innovative development of high-performance material solutions, specializing in insulations and fabrics. The results of operations of PrimaLoft have been included in the consolidated results of operations since the date of acquisition. PrimaLoft's results of operations are reported as a separate operating segment as a branded consumer business. The table below provides the recording of the fair value of assets acquired and liabilities assumed as of the date of acquisition. (in thousands) Preliminary Purchase Price Allocation Measurement Period Adjustments Final Purchase Price Allocation Purchase Consideration $ 539,576 $ 1,536 $ 541,112 Fair value of identifiable assets acquired: Cash $ 6,951 $ — $ 6,951 Accounts receivable (1) 2,992 — 2,992 Inventory 1,991 — 1,991 Property, plant and equipment 1,058 — 1,058 Intangible assets 248,200 58,700 306,900 Other current and noncurrent assets 3,581 (1,187) 2,394 Total identifiable assets 264,773 57,513 322,286 Fair value of liabilities assumed: Current liabilities 8,865 (1,080) 7,785 Other liabilities 360 — 360 Deferred tax liabilities 51,268 12,108 63,376 Total liabilities 60,493 11,028 71,521 Net identifiable assets acquired 204,280 46,485 250,765 Goodwill $ 335,296 $ (44,949) $ 290,347 Acquisition consideration Purchase price $ 530,000 $ — $ 530,000 Cash acquired 7,319 (368) 6,951 Net working capital adjustment 2,257 1,904 4,161 Total purchase consideration $ 539,576 $ 1,536 $ 541,112 (1) The fair value of accounts receivable approximates book value acquired. 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. Inventory is recognized at fair value, with finished goods stated at selling price less an estimated cost to sell. Property, plant and equipment is valued at fair value which approximates book value and will be depreciated on a straight-line basis over the 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 $290.3 million reflects the strategic fit of PrimaLoft in the Company's branded consumer business and is not expected to be deductible for income tax purposes. The PrimaLoft purchase price allocation was finalized in 2023. The intangible assets recorded related to the PrimaLoft acquisition are as follows (in thousands): Intangible Assets Fair Value Estimated Useful Lives Customer relationships $ 209,100 15 years Tradename 48,200 20 years Technology 49,100 11 years In-process research and development (1) 500 N/a $ 306,900 (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 customer relationships were considered the primary intangible asset and was valued at $209.1 million using a multi-period excess earnings method. The technology was valued at $49.1 million using a mul ti-period excess earnings methodology with an assumed obsolescence factor. The tradename was valued at $48.2 million using a multi period excess earnings method. The multi period excess earnings method assumes an asset has value to the extent that it enables its owners to earn a return in excess of the other assets utilized in the business. Unaudited pro forma information The following unaudited pro forma data for the three and nine months ended September 30, 2022 gives effect to the acquisition of PrimaLoft, as described above, as if this transaction had been completed as of January 1, 2022. 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 Nine months ended (in thousands, except per share data) September 30, 2022 September 30, 2022 Net sales $ 578,138 $ 1,657,114 Gross profit $ 231,312 $ 675,919 Operating income $ 44,301 $ 152,420 Net income (loss) from continuing operations $ (1,912) $ 42,466 Net income (loss) from continuing operations attributable to Holdings $ (5,520) $ 29,477 Basic and fully diluted net loss per share attributable to Holdings $ (0.26) $ (0.05) Other acquisitions Marucci Baum Bat - On April 3, 2023, Marucci acquired Baum Bat LLC ("Bau m Bat"), a manufacturer and marketer of branded wood composite baseball bats, for a purchase price of approximately $27.5 million, excluding customary closing adjustments. The acquisition and related transaction costs were funded through an additional loan of $25.0 million under the Marucci intercompany loan agreement, and rollover equity from the selling shareholder of Baum Bat which was used to purchase common shares of Marucci. Marucci issued 11,783 shares to the selling shareholder in exchange for the rollover equity, which represents an ownership interest of approximately 1.0% in Marucci. Marucci paid approximately $0.4 million in transaction expenses in connection with the acquisition of Baum Bat. Marucci recorded a preliminary purchase price allocation at September 30, 2023, including goodwill of $8.1 million, which is expected to be deductible for income tax purposes, and intangible assets of $19.3 million. Velocity Kings Camo - On July 8, 2022, Velocity acquired the assets of King's Camo LLC, a manufacturer of outdoor performance apparel and gear, for a purchase price of approximately $25.2 million and included a potential earnout of $3.0 million. The final earnout amount was $1.3 million and was paid in the second quarter of 2023. The acquisition and related transaction costs were funded through an additional term loan of $25.7 million under the Velocity intercompany credit agreement. Velocity paid approximately $0.2 million in transaction fees. Velocity recorded a purchase price allocation, including goodwill of approximately $9.7 million, which is expected to be deductible for income tax purposes, and intangible assets of $7.1 million. The remainder of the purchase consideration was allocated to net assets acquired. The purchase price allocation was finalized in the fourth quarter of 2022.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2022
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 Advanced Circuits On January 10, 2023, the LLC, solely in its capacity as the representative of the holders of stock and options of Compass AC Holdings, Inc., a majority owned subsidiary of the LLC, entered into a definitive Agreement and Plan of Merger with APCT Inc. (“ACI Purchaser”), Circuit Merger Sub, Inc. (“ACI Merger Sub”) and Advanced Circuits, pursuant to which ACI Purchaser agreed to 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 ACI Merger Sub with and into Advanced Circuits, with Advanced Circuits surviving the merger and becoming a wholly owned subsidiary of ACI Purchaser (the “ACI Merger”). The ACI Merger was completed on February 14, 2023. The sale price of Advanced Circuits was based on an enterprise value of $220 million, subject to certain adjustments based on matters such as the working capital and cash and debt balances of Advanced Circuits at the time of the closing. After the allocation of the sales price to Advanced Circuits non-controlling equity holders and the payment of transaction expenses, the Company received approximately $170.9 million of total proceeds at closing, of which $66.9 million related to the repayment of intercompany loans with the Company. The Company recorded a gain on the sale of ACI of $98.0 million , net of an income tax provision of $6.8 million, in the first quarter of 2023. The Company recorded an additional gain on sale of $2.1 million in the second quarter of 2023 related to the working capital settlement, and in the third quarter of 2023 adjusted the income tax provision to $3.4 million, reflecting the loss at the LLC during the nine months ended September 30, 2023. Summarized results of operations of ACI for the period of January 1, 2023 through the date of disposition and the three and nine months ended September 30, 2022 and are as follows (in thousands): For the period January 1, 2023 through disposition Three months ended Nine months ended Net sales $ 8,829 $ 21,788 $ 67,194 Gross profit $ 3,663 $ 9,757 $ 30,782 Operating income $ 1,058 $ 4,972 $ 17,302 Income (loss) from continuing operations before income taxes (1) $ (2,464) $ 4,749 $ 17,052 Provision (benefit) for income taxes $ (1,073) $ 671 $ 2,600 Income (loss) from discontinued operations (1) $ (1,391) $ 4,078 $ 14,452 (1) The results of operations for the period from January 1, 2023 through disposition and the three and nine months ended September 30, 2022, each exclude $1.4 million, $3.3 million and $4.9 million , respectively, of intercompany interest expense. The following table presents summary balance sheet information of ACI that is presented as discontinued operations as of December 31, 2022 (in thousands): December 31, Assets Cash and cash equivalents $ 3,391 Accounts receivable, net 10,044 Inventories, net 4,345 Prepaid expenses and other current assets 346 Current assets of discontinued operations $ 18,126 Property, plant and equipment, net 6,949 Goodwill 66,678 Other non-current assets 6,220 Non-current assets of discontinued operations $ 79,847 Liabilities Accounts payable $ 3,810 Accrued expenses 5,570 Due to related party 250 Other current liabilities 1,518 Current liabilities of discontinued operations $ 11,148 Deferred income taxes 10,999 Other non-current liabilities 5,193 Non-current liabilities of discontinued operations $ 16,192 Noncontrolling interest of discontinued operations $ 1,533

Revenue

Revenue	9 Months Ended
	Sep. 30, 2023
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, 2023 and 2022 (in thousands): Three months ended September 30, 2023 United States Canada Europe Asia Pacific Other International Total 5.11 $ 107,456 $ 1,765 $ 8,954 $ 4,703 $ 12,335 $ 135,213 BOA 8,899 31 13,272 15,047 32 37,281 Ergobaby 8,316 1,165 7,301 6,097 339 23,218 Lugano 78,732 — 3 — — 78,735 Marucci 45,449 1,035 319 1,629 68 48,500 PrimaLoft 275 — 989 9,603 63 10,930 Velocity Outdoor 49,840 2,294 1,153 169 1,013 54,469 Altor 50,173 — — — 9,042 59,215 Arnold 28,838 126 9,972 1,738 1,145 41,819 Sterno 77,344 2,229 600 12 — 80,185 $ 455,322 $ 8,645 $ 42,563 $ 38,998 $ 24,037 $ 569,565 Three months ended September 30, 2022 United States Canada Europe Asia Pacific Other International Total 5.11 $ 101,112 $ 2,877 $ 8,147 $ 4,528 $ 9,873 $ 126,537 BOA 12,964 2 15,899 21,104 50 50,019 Ergobaby 6,903 918 6,713 6,526 480 21,540 Lugano 50,183 — 668 294 — 51,145 Marucci 41,170 436 5 1,136 6 42,753 PrimaLoft 344 40 691 9,383 254 10,712 Velocity Outdoor 69,713 2,361 1,997 205 1,206 75,482 Altor 62,368 — — — 7,250 69,618 Arnold 26,334 164 10,765 1,683 431 39,377 Sterno 86,652 2,275 (367) (16) 92 88,636 $ 457,743 $ 9,073 $ 44,518 $ 44,843 $ 19,642 $ 575,819

Operating Segment Data

Operating Segment Data	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Operating Segment Data	Operating Segment Data At September 30, 2023, 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. While each is actively managed by the Company, 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 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 Costa Mesa, 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, outdoor, athletic, workwear as well as performance 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 designed with brand partners to deliver superior fit and performance for athletes, is engineered to perform in the toughest conditions 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, headquartered in Torrance, California, is a designer, marketer and distributor of wearable baby carriers and accessories, blankets and swaddlers, nursing pillows, strollers, bouncers 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. • 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, composite 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 corporate-owned and franchised sports training facilities. Marucci is headquartered in Baton Rouge, Louisiana. • PrimaLoft is a leading provider of branded, high-performance synthetic insulation and materials used primarily in consumer outerwear, and accessories. The portfolio of PrimaLoft synthetic insulations offers products that can both mimic natural down aesthetics and provide the freedom to design garments ranging from stylish puffers to lightweight performance apparel. PrimaLoft insulations also offer superior economics to the brand partner and enable better sustainability characteristics through the use of recycled, low-carbon inputs. PrimaLoft is headquartered in Latham, New York. • Velocity Outdoor is a leading designer, manufacturer, and marketer of airguns, archery products, laser aiming devices, hunting apparel and related accessories. Velocity Outdoor offers its products under the highly recognizable Crosman, Benjamin, LaserMax, Ravin, CenterPoint and King's Camo brands that are available through national retail chains, mass merchants, dealer and distributor networks. The airgun product category consists of air rifles, air pistols and a range of accessories including targets, holsters and cases. Velocity Outdoor's other primary product categories are archery, with products including CenterPoint and Ravin crossbows, consumables, which includes steel and plastic BBs, lead pellets and CO2 cartridges, lasers for firearms, and airsoft products. The apparel category offers high-performance, feature rich hunting and casual apparel of uncompromised quality utilizing King’s own proprietary camo patterns. Velocity Outdoor is headquartered in Bloomfield, New York. • 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. Altor is headquartered in Scottsdale, Arizona and operates 18 molding and fabricating facilities across North America. • Arnold is a global solutions provider and manufacturer of engineered solutions for a wide range of specialty applications and end-markets, including aerospace and defense, general industrial, motorsport/transportation, oil and gas, medical, energy, reprographics and advertising specialties. Arnold engineers solutions for and produces high performance permanent magnets (PMAG), stators, rotors and full electric motors ("Ramco"), precision foil products (Precision Thin Metals or "PTM"), and flexible magnets (Flexmag™) that are mission critical in motors, generators, sensors and other systems and components. Based on its long-term relationships, Arnold has built a diverse and blue-chip customer base totaling more than 2,000 customers and leading systems-integrators worldwide with a focus on North America, Europe, and Asia. Arnold has built a preferred rare earth supply chain and has leading rare earth and other permanent magnet production capabilities. Arnold is headquartered in Rochester, New York. • Sterno is a leading manufacturer and marketer of portable food warming systems, creative indoor and outdoor lighting, and home fragrance solutions for the 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, scented wax cubes, warmer products, outdoor lighting and essential oils used for home decor and fragrance systems through Rimports. Sterno is headquartered in Plano, Texas. The tabular information that follows shows data for each of the operating segments reconciled to amounts reflected in the consolidated financial statements. The operations of each of the operating segments are included in consolidated operating results as of their date of acquisition. Segment profit is determined based on internal performance measures used by the Manager to assess the performance of each business. Corporate consists of corporate overhead and management fees that are not allocated to any of the Company's reportable segments. 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) 2023 2022 2023 2022 5.11 $ 135,213 $ 126,537 $ 385,695 $ 350,608 BOA 37,281 50,019 113,390 166,215 Ergobaby 23,218 21,540 71,785 68,256 Lugano 78,735 51,145 203,571 137,229 Marucci 48,500 42,753 144,065 122,481 PrimaLoft 10,930 10,712 57,619 10,712 Velocity Outdoor 54,469 75,482 126,348 180,774 Altor Solutions 59,215 69,618 181,613 199,590 Arnold 41,819 39,377 122,047 116,319 Sterno 80,185 88,636 229,819 249,745 Total segment revenue 569,565 575,819 1,635,952 1,601,929 Corporate — — — — Total consolidated revenues $ 569,565 $ 575,819 $ 1,635,952 $ 1,601,929 Segment Profit (Loss) Three months ended September 30, Nine months ended September 30, (in thousands) 2023 2022 2023 2022 5.11 $ 13,400 $ 12,091 $ 31,652 $ 30,301 BOA 6,684 12,975 22,685 50,237 Ergobaby 1,288 593 4,202 3,866 Lugano 27,963 12,635 64,872 35,885 Marucci 11,062 7,692 28,364 14,141 PrimaLoft (2,756) (8,469) 5,082 (8,469) Velocity Outdoor (28,581) 10,225 (33,467) 18,721 Altor Solutions 8,749 6,561 24,906 18,303 Arnold 4,739 5,462 15,390 14,075 Sterno 6,438 2,795 18,019 13,783 Total segment operating income 48,986 62,560 181,705 190,843 Corporate (20,551) (18,785) (59,298) (52,155) Total consolidated operating income 28,435 43,775 122,407 138,688 Reconciliation of segment operating income (loss) to consolidated income from continuing operations before income taxes: Interest expense, net (27,560) (22,799) (80,355) (57,737) Amortization of debt issuance costs (1,005) (1,004) (3,034) (2,735) Loss on debt extinguishment — (534) — (534) Other income (expense), net 1,043 (1,917) 2,069 856 Total consolidated income from continuing operations before income taxes $ 913 $ 17,521 $ 41,087 $ 78,538 Depreciation and Amortization Expense Three months ended September 30, Nine months ended September 30, (in thousands) 2023 2022 2023 2022 5.11 $ 6,494 $ 5,701 $ 19,645 $ 16,648 BOA 5,875 5,517 17,267 16,161 Ergobaby 2,009 2,008 6,038 5,998 Lugano 1,913 2,976 6,522 8,090 Marucci 3,396 2,467 9,768 9,447 PrimaLoft 5,283 4,107 15,843 4,107 Velocity Outdoor 3,267 3,327 9,846 9,740 Altor Solutions 4,154 4,062 12,374 12,069 Arnold 2,085 1,895 6,126 5,942 Sterno 4,872 4,956 14,678 14,934 Total 39,348 37,016 118,107 103,136 Reconciliation of segment to consolidated total: Amortization of debt issuance costs 1,005 1,004 3,034 2,735 Consolidated total $ 40,353 $ 38,020 $ 121,141 $ 105,871 Accounts Receivable Identifiable Assets September 30, December 31, September 30, December 31, (in thousands) 2023 2022 2023 (1) 2022 (1) 5.11 $ 52,661 $ 53,589 $ 436,032 $ 450,537 BOA 1,966 1,630 230,416 240,359 Ergobaby 12,581 11,213 75,594 84,657 Lugano 105,094 85,911 466,925 327,795 Marucci 30,373 35,185 188,362 181,528 PrimaLoft 1,377 2,486 298,806 310,914 Velocity Outdoor 36,028 33,159 223,427 224,356 Altor Solutions 43,133 42,368 186,749 198,943 Arnold 26,973 23,666 107,797 105,196 Sterno 51,426 54,400 186,514 210,780 Sales allowance accounts (11,773) (12,211) — — Total 349,839 331,396 2,400,622 2,335,065 Reconciliation of segment to consolidated totals: Corporate and other identifiable assets — — 18,882 18,471 Total $ 349,839 $ 331,396 $ 2,419,504 $ 2,451,509 (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, 2023
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, 2023 and December 31, 2022 (in thousands ): September 30, 2023 December 31, 2022 Machinery and equipment $ 238,720 $ 225,027 Furniture, fixtures and other 73,091 66,445 Leasehold improvements 95,854 75,318 Buildings and land 13,535 13,386 Construction in process 17,539 18,091 438,739 398,267 Less: accumulated depreciation (235,227) (199,742) Total $ 203,512 $ 198,525 Depreciation expense was $12.7 million and $37.3 million for the three and nine months ended September 30, 2023, respectively and $10.8 million and $31.1 million for the three and nine months ended September 30, 2022, respectively. Inventory Inventory is comprised of the following at September 30, 2023 and December 31, 2022 (in thousands) : September 30, 2023 December 31, 2022 Raw materials $ 101,002 $ 104,735 Work-in-process 30,805 30,158 Finished goods 699,606 621,854 Less: obsolescence reserve (29,526) (28,664) Total $ 801,887 $ 728,083

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2023
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 Annual Impairment Testing The Company uses a qualitative approach to test goodwill and 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 a reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform quantitative goodwill impairment testing. 2023 Interim Impairment Testing Velocity Outdoor - The Company performed interim quantitative impairment testing of goodwill at Velocity at August 31, 2023. As a result of operating results that were below the forecast that we used in the quantitative impairment test of Velocity Outdoor at March 31, 2023, the Company determined that a triggering event had occurred at Velocity in the third quarter of 2023 and performed an interim impairment test as of August 31, 2023. The Company used an income approach for the impairment test, whereby we estimate the fair value of the reporting unit based on the present value of future cash flows. Cash flow projections are based on management's estimate of revenue growth rates and operating margins, and take into consideration industry and market conditions as well as company specific economic factors. The Company used a weighted average cost of capital of 17% in the income approach. The discount rate used was based on the weighted average cost of capital adjusted for the relevant risk associated with business specific characteristics and Velocity's ability to execute on projected cash flows. Based on the results of the impairment test, the fair value of Velocity did not exceed its carrying value. The Company recorded goodwill impairment of $32.6 million in the quarter ending September 30, 2023. 2023 Annual Impairment Testing The Company determined that the Velocity 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 2023 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 Velocity was performed using an income approach to determine the fair value of the reporting unit. The discount rate used in the income approa ch was 15% and the results of the quantitative impairment testing indicated that the fair value of the Velocity reporting unit exceeded the carrying value by 21%. 2022 Annual Impairment Testing The results of the qualitative analysis indicated that it was more-likely-than-not that the fair value of each of our reporting units exceeded their carrying value for the 2022 annual impairment testing. Interim Impairment Testing 2022 Interim Impairment Testing Ergobaby - The Company performed interim quantitative impairment testing at Ergobaby of goodwill and the indefinite lived tradename at December 31, 2022. As a result of operating results that were below historical and forecast amounts, the Company determined that a triggering event had occurred at Ergobaby. The Company used an income approach for the impairment test, whereby we estimate the fair value of the reporting unit based on the present value of future cash flows. Cash flow projections are based on management's estimate of revenue growth rates and operating margins, and take into consideration industry and market conditions as well as company specific economic factors. The Company used a weighted average cost of capital of 16% in the income approach. The discount rate used was based on the weighted average cost of capital adjusted for the relevant risk associated with business specific characteristics and Ergobaby's ability to execute on projected cash flows. Based on the results of the impairment test, the fair value of Ergobaby did not exceed its carrying value. We recorded goodwill impairment of $20.6 million at December 31, 2022. For the indefinite lived tradename, quantitative testing indicated that the fair value exceeded the carrying value. The following is a summary of the net carrying amount of goodwill at September 30, 2023 and December 31, 2022, is as follows (in thousands) : September 30, 2023 December 31, 2022 Goodwill - gross carrying amount $ 1,152,334 $ 1,145,023 Accumulated impairment losses (1) (110,865) (78,297) Goodwill - net carrying amount $ 1,041,469 $ 1,066,726 (1) Includes accumulated goodwill impairment expense of $20.6 million recorded at Ergobaby, $65.4 million at Velocity and $24.9 million at Arnold. In the nine months ended September 30, 2023, the Company recorded $32.6 million of goodwill impairment expense at Velocity, and in the year ended December 31, 2022, the Company recorded $20.6 million in goodwill impairment expense at Ergobaby. The following is a reconciliation of the change in the carrying value of goodwill for the nine months ended September 30, 2023 by operating segment (in thousands) : Balance at January 1, 2023 Acquisitions/Measurement Period Adjustments Goodwill Impairment Balance at September 30, 2023 5.11 $ 92,966 $ — $ — $ 92,966 BOA 254,153 — — 254,153 Ergobaby 40,896 — — 40,896 Lugano 86,337 — — 86,337 Marucci 75,719 8,114 — 83,833 PrimaLoft 291,150 (803) — 290,347 Velocity Outdoor 39,773 — (32,568) 7,205 Altor 91,129 — — 91,129 Arnold 39,267 — — 39,267 Sterno 55,336 — — 55,336 Total $ 1,066,726 $ 7,311 $ (32,568) $ 1,041,469 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 2023 and 2022. 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. Other intangible assets are comprised of the following at September 30, 2023 and December 31, 2022 (in thousands) : September 30, 2023 December 31, 2022 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Customer relationships $ 785,303 $ (283,325) $ 501,978 $ 785,303 $ (239,752) $ 545,551 Technology and patents 226,866 (64,947) 161,919 211,648 (52,811) 158,837 Trade names, subject to amortization 487,843 (141,556) 346,287 483,179 (118,684) 364,495 Non-compete agreements 6,424 (4,515) 1,909 4,637 (3,824) 813 Other contractual intangible assets 1,960 (1,523) 437 1,960 (1,185) 775 Total 1,508,396 (495,866) 1,012,530 1,486,727 (416,256) 1,070,471 Trade names, not subject to amortization 56,965 — 56,965 56,965 — 56,965 In-process research and development (1) 500 — 500 500 — 500 Total intangibles, net $ 1,565,861 $ (495,866) $ 1,069,995 $ 1,544,192 $ (416,256) $ 1,127,936 (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. Amortization expense related to intangible assets was $26.7 million and $79.7 million for the three and nine months ended September 30, 2023, respectively, and $25.2 million and $67.2 million for the three and nine months ended September 30, 2022, respectively. Estimated charges to amortization expense of intangible assets for the remainder of 2023 and the next four years, is as follows (in thousands) : 2023 2024 2025 2026 2027 $ 26,523 $ 104,523 $ 99,241 $ 92,863 $ 82,000

Warranties

Warranties	9 Months Ended
	Sep. 30, 2023
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, 2023 and the year ended December 31, 2022 is as follows ( in thousands ): Warranty liability Nine months ended September 30, 2023 Year ended December 31, 2022 Beginning balance $ 1,754 $ 2,062 Provision for warranties issued during the period 2,507 3,301 Fulfillment of warranty obligations (2,624) (3,609) Ending balance $ 1,637 $ 1,754

Debt

Debt	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt Disclosure	Debt 2022 Credit Facility On July 12, 2022, the LLC entered into the Third Amended and Restated Credit Agreement (the "2022 Credit Facility") to amend and restate the 2021 Credit Facility. The 2022 Credit Facility provides for revolving loans, swing line loans and letters of credit ("the 2022 Revolving Line of Credit") up to a maximum aggregate amount of $600 million ("the 2022 Revolving Loan Commitment") and a $400 million term loan (the “2022 Term Loan”). The 2022 Term Loan requires quarterly payments ranging from $2.5 million to $7.5 million, commencing September 30, 2022, with a final payment of all remaining principal and interest due on July 12, 2027, which is the 2022 Term Loan’s maturity date. All amounts outstanding under the 2022 Revolving Line of Credit will become due on July 12, 2027, which is the termination date of the 2022 Revolving Loan Commitment. The 2022 Credit Facility also permits the LLC, prior to the applicable maturity date, to increase the Revolving Loan Commitment and/or obtain additional term loans in an aggregate amount of up to $250 million, subject to certain restrictions and conditions. On the closing date for the 2022 Credit Facility, the 2022 Term Loan was advanced in full and the initial borrowings outstanding under the 2022 Revolving Line of Credit were $115 million. We used the initial proceeds from the 2022 Credit Facility to pay all amounts outstanding under the 2021 Credit Facility, pay fees and expenses incurred in connection with the 2022 Credit Facility and fund the acquisition of PrimaLoft. The LLC may borrow, prepay and reborrow principal under the 2022 Revolving Credit Facility from time to time during its term. Advances under the 2022 Revolving Line of Credit can be either term Secured Overnight Financing Rate ("SOFR") loans or base rate loans. Term SOFR revolving loans bear interest on the outstanding principal amount thereof for each interest period at a rate per annum based on the applicable SOFR as administered by the Federal Reserve Bank of New York (or a successor administrator), as adjusted, 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) the applicable SOFR 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. Advances under the 2022 Term Loan can be either term SOFR loans or base rate loans. The 2022 Term Loan was advanced in full on the closing date for the 2022 Credit Facility as a Term SOFR loan with an interest period of one month. On the last day of an interest period, Term SOFR loans may be converted to Term SOFR loans of a different interest period or to Base Rate loans. Term SOFR term loans bear interest on the outstanding principal amount thereof for each interest period at a rate per annum based on the Term SOFR for such interest period plus a margin ranging from 1.50% to 2.50%, based on the Consolidated Total Leverage Ratio. Base rate term loans bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus a margin ranging from 0.50% to 1.50%, based on the Consolidated Total Leverage Ratio. Under the 2022 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 2022 Revolving Credit Facility. Net availability under the 2022 Revolving Credit Facility was approximately $485.8 million at September 30, 2023. Letters of credit outstanding at September 30, 2023 totaled approximately $2.2 million. At September 30, 2023, the Company was in compliance with all covenants as defined in the 2022 Credit Facility. The 2022 Revolving Credit Facility is secured by all of the assets of the Company, including all of its equity interests in, and loans to, its subsidiaries. 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 LLC, the lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent. The 2021 Credit Facility provided 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 permitted the LLC, 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. The LLC repaid the outstanding amounts under the 2021 Credit Facility in the third quarter of 2022 in connection with entering into the 2022 Credit Facility. Senior Notes 2032 Senior Notes On November 17, 2021, we consummated the issuance and sale of $300 million aggregate principal amount of our 5.000% Senior Notes due 2032 (the “2032 Notes” or "2032 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 2032 Notes were issued pursuant to an indenture, dated as of November 17, 2021 (the “2032 Notes Indenture”), between the Company and U.S. Bank National Association, as trustee (the “Trustee”). The 2032 Notes bear interest at the rate of 5.000% per annum and will mature on January 15, 2032. Interest on the 2032 Notes is payable in cash on January 15 and July 15 of each year, beginning on July 15, 2022. The proceeds from the sale of the 2032 Notes was used to repay a portion of our debt outstanding under the 2021 Revolving Credit Facility. 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 2029 Notes were issued pursuant to an indenture, dated as of March 23, 2021 (the “2029 Notes Indenture”), between the Company and U.S. Bank National Association, as trustee (the "Trustee"). The 2029 Notes bear interest at the rate of 5.250% per annum and will mature on April 15, 2029. Interest on the 2029 Notes is payable in cash on April 15th and October 15th of each year. The first interest payment date on the 2029 Senior Notes was October 15, 2021. The 2029 Notes are general unsecured obligations of the Company and are not guaranteed by our subsidiaries. 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”). The following table provides the Company’s outstanding long-term debt and effective interest rates at September 30, 2023 and December 31, 2022 (in thousands) : September 30, 2023 December 31, 2022 Effective Interest Rate Amount Effective Interest Rate Amount 2029 Senior Notes 5.25 % $ 1,000,000 5.25 % $ 1,000,000 2032 Senior Notes 5.00 % 300,000 5.00 % 300,000 2022 Term Loan 7.36 % 387,500 5.20 % 395,000 2022 Revolving Credit Facility 7.45 % 112,000 5.98 % 155,000 Less: Unamortized debt issuance costs (13,724) (15,532) Total debt $ 1,785,776 $ 1,834,468 Less: Current Portion, term loan facilities (10,000) (10,000) Long-term debt $ 1,775,776 $ 1,824,468 Annual maturities of the Company's debt obligations are as follows (in thousands): 2023 $ 10,000 2024 10,000 2025 15,000 2026 25,000 2027 439,500 2028 and thereafter 1,300,000 $ 1,799,500 The Senior Notes consisted of the following carrying value and estimated fair value (in thousands): Fair Value Hierarchy Level September 30, 2023 Maturity Date Rate Carrying Value Fair Value 2032 Senior Notes January 15, 2032 5.000 % 2 $ 300,000 $ 243,000 2029 Senior Notes April 15, 2029 5.250 % 2 $ 1,000,000 $ 865,000 Debt Issuance Costs Deferred debt issuance costs represent the costs associated with the issuance of the Company's financing arrangements. In connection with entering into the 2022 Credit Facility, the Company recognized $2.5 million in deferred financing costs associated with the 2022 Term Loan, and $2.8 million in deferred financing costs associated with the 2022 Revolving Credit Facility. In connection with the 2032 Senior Notes offering in November 2021, the Company recorded $4.3 million in deferred financing costs, and the Company recorded $12.0 million in deferred financing costs related to the 2029 Senior Notes offering in March 2021. Since the Company can borrow, repay and reborrow principal under the 2022 Revolving Credit Facility, the debt issuance costs associated with the 2022 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 2022 Term Loan and Senior Notes are classified as a reduction of long-term debt in the accompanying condensed consolidated balance sheets. The following table summarizes debt issuance costs at September 30, 2023 and December 31, 2022, and the balance sheet classification in each of the periods presented ( in thousands ): September 30, 2023 December 31, 2022 Deferred debt issuance costs $ 32,526 $ 32,526 Accumulated amortization (12,774) (9,760) Deferred debt issuance costs, net $ 19,752 $ 22,766 Balance sheet classification: Other noncurrent assets $ 6,028 $ 7,234 Long-term debt 13,724 15,532 $ 19,752 $ 22,766

Noncontrolling Interest

Noncontrolling Interest	9 Months Ended
	Sep. 30, 2023
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 LLC’s ownership percentage of its majority owned operating segments and related noncontrolling interest balances as of September 30, 2023 and December 31, 2022: % Ownership (1) September 30, 2023 % Ownership (1) December 31, 2022 Primary Fully Primary Fully 5.11 97.5 88.3 97.7 88.3 BOA 91.8 83.1 91.8 83.5 Ergobaby 81.6 72.8 81.6 72.8 Lugano 59.9 54.9 59.9 55.2 Marucci 90.0 80.9 91.0 82.1 PrimaLoft 90.7 83.1 90.7 83.7 Velocity Outdoor 99.4 87.7 99.4 87.7 Altor 99.3 90.1 99.8 88.2 Arnold 98.0 85.5 98.0 85.5 Sterno 99.4 88.3 99.4 90.7 (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, 2023 December 31, 2022 5.11 $ 18,029 $ 17,186 BOA 39,534 36,215 Ergobaby 16,751 16,020 Lugano 96,903 82,967 Marucci 26,989 20,045 PrimaLoft 35,969 36,263 Velocity Outdoor 6,562 6,115 Altor 5,901 5,077 Arnold 1,636 1,475 Sterno 1,795 2,046 Allocation Interests 100 100 $ 250,169 $ 223,509

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2023
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 during the year ended December 31, 2022. There were no assets or liabilities measured on a recurring basis during the nine months ended September 30, 2023. Fair Value Measurements at December 31, 2022 (in thousands) Carrying Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (142) $ — $ — $ (142) Contingent consideration - acquisition (2) (1,300) — — (1,300) Total recorded at fair value $ (1,442) $ — $ — $ (1,442) (1) Represented a put option issued to a noncontrolling shareholder in connection with the 5.11 acquisition. The put option was terminated during the period ended March 31, 2023. (2) Represented a potential earn-out payable as additional purchase price consideration by Velocity in connection with the acquisition of King's Camo. The payment of the earn-out occurred during the second quarter of 2023. Reconciliations of the change in the carrying value of the Level 3 fair value measurements from January 1, 2022 through September 30, 2023 are as follows ( in thousands ): Level 3 Balance at January 1, 2022 $ (1,501) Contingent consideration - King's Camo (1,600) Adjustment to contingent consideration - King's Camo 300 Payment of contingent consideration - Polyfoam 1,350 Increase in the fair value of put option of noncontrolling shareholder - 5.11 9 Balance at December 31, 2022 $ (1,442) Termination of put option of noncontrolling shareholder - 5.11 142 Adjustment to contingent consideration - King's Camo 25 Payment of contingent consideration - King's Camo 1,275 Balance at September 30, 2023 $ — 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, 2022. Nonrecurring Fair Value Measurements The following table provides the assets and liabilities carried at fair value measured on a non-recurring basis as of September 30, 2023 and December 31, 2022. Refer to "Note G - Goodwill and Intangible Assets" , for a description of the valuation techniques used to determine fair value of the assets measured on a non-recurring basis in the table below. Expense Fair Value Measurements at September 30, 2023 Nine months ended (in thousands) Carrying Level 1 Level 2 Level 3 September 30, 2023 Goodwill - Velocity $ 7,205 — — $ 7,205 $ 32,568 Expense Fair Value Measurements at December 31, 2022 Year ended (in thousands) Carrying Level 1 Level 2 Level 3 December 31, 2022 Goodwill - Ergo $ 40,896 — — $ 40,896 $ 20,552

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income taxes 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 Company's parent, the Trust, is 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 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, 2023 and 2022 is as follows: Nine months ended September 30, 2023 2022 United States Federal Statutory Rate 21.0 % 21.0 % State income taxes (net of Federal benefits) 7.4 3.7 Foreign income taxes 5.2 2.0 Impact of subsidiary employee stock options 0.3 0.8 Utilization of tax credits (11.0) (8.3) Non-recognition of various carryforwards at subsidiaries 19.8 13.4 United States tax on foreign income (1.4) 1.3 Impairment expense 7.5 — Effect of classification of assets held for sale — 11.0 Other 0.4 1.7 Effective income tax rate 49.2 % 46.6 %

Defined Benefit Plan

Defined Benefit Plan	9 Months Ended
	Sep. 30, 2023
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 $2.0 million is recognized in the consolidated balance sheet as a component of other non-current liabilities at September 30, 2023. Net periodic benefit cost consists of the following for the three and nine months ended September 30, 2023 and 2022 (in thousands ): Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Service cost $ 90 $ 105 $ 271 $ 321 Interest cost 60 10 182 31 Expected return on plan assets (54) (18) (163) (54) Amortization of unrecognized loss (9) (7) (27) (20) Effect of curtailment — — (13) (31) Net periodic benefit cost $ 87 $ 90 $ 250 $ 247 During the nine months ended September 30, 2023 , per the terms of the pension agreement, Arnold contributed $0.3 million to the plan. For the remainder of 2023, 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, 2023 were considered Level 3.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
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 office and manufacturing facilities, computer equipment and software under various 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, 2023 and 2022. The Company recognized $13.8 million and $39.7 million in the three and nine months ended September 30, 2023 and $11.9 million and $32.9 million in the three and nine months ended September 30, 2022, respectively, in expense related to operating leases in the condensed consolidated statements of operations. The maturities of lease liabilities at September 30, 2023 are as follows ( in thousands ): 2023 (excluding nine months ended September 30, 2023) $ 11,481 2024 43,712 2025 40,202 2026 36,626 2027 32,284 Thereafter 75,582 Total undiscounted lease payments $ 239,887 Less: Interest 52,883 Present value of lease liabilities $ 187,004 The calculated amount of the right-of-use assets and lease liabilities 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. As the discount 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, 2023 September 30, 2022 Weighted-average remaining lease term (years) 6.12 6.24 Weighted-average discount rate 8.02 % 7.57 % Supplemental balance sheet information related to leases was as follows ( in thousands ): Line Item in the Company’s Consolidated Balance Sheet September 30, 2023 December 31, 2022 Operating lease right-of-use assets Other non-current assets $ 162,439 $ 147,518 Current portion, operating lease liabilities Other current liabilities $ 31,878 $ 28,497 Operating lease liabilities Other non-current liabilities $ 155,126 $ 139,529 Supplemental cash flow information related to leases was as follows ( in thousands ): Nine months ended September 30, 2023 Nine months ended September 30, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 30,414 $ 28,178 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 36,639 $ 41,127
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, 2023 December 31, 2022 Operating lease right-of-use assets Other non-current assets $ 162,439 $ 147,518 Current portion, operating lease liabilities Other current liabilities $ 31,878 $ 28,497 Operating lease liabilities Other non-current liabilities $ 155,126 $ 139,529

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Management Services Agreement The LLC entered into the Management Services Agreement ("MSA") with CGM effective May 16, 2006, as amended. Our Chief Executive Officer is a partner of CGM. The MSA provides for, among other things, CGM to perform services for the LLC in exchange for a management fee paid quarterly and equal to 0.5% of the LLC's adjusted net assets, as defined in the MSA. During 2022, CGM entered into a waiver of the MSA for the period through June 30, 2023 to receive a 1% annual management fee related to PrimaLoft, rather than the 2% called for under the MSA, which resulted in a lower management fee at March 31, and June 30, 2023 than would normally have been due. At March 31, 2022, CGM entered into a waiver to exclude cash balances held at the LLC from the calculation of the management fee. Integration Services Agreements PrimaLoft, which was acquired in July 2022, entered into an Integration Services Agreement ("ISA") with CGM whereby PrimaLoft paid CGM an integration services fee of $4.8 million quarterly over the twelve-month period ended June 30, 2023. Lugano, which was acquired in September 2021, entered into an ISA with CGM whereby Lugano paid CGM an integration services fee of $2.3 million quarterly over a twelve month period as services were rendered, beginning in the quarter ended December 31, 2021. Integration service fees are included in selling, general and administrative expense on the subsidiaries' statement of operations in the period in which they are incurred. 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 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 $0.6 million and $1.6 million during the three and nine months ended September 30, 2023, respectively and $0.3 million and $1.1 million during the three and nine months ended September 30, 2022, respectively in inventory from the vendor. BOA Related Party Vendor Purchases - A contract manufacturer used by BOA as the primary supplier of molded injection parts is a noncontrolling shareholder of BOA. BOA purchased approxim ately $10.0 million and $30.4 million from this supplier during the three and nine months ended September 30, 2023, respectively and $12.7 million and $43.8 million during the three and nine months ended and September 30, 2022, respectively. Ergobaby

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Note Q — Subsequent Event Pending Sale of Marucci On November 1, 2023, the LLC, solely in its capacity as the representative of the holders of stock and options of Wheelhouse Holdings Inc. (as used in this Note Q, “Wheelhouse”), a majority owned subsidiary of the Company, entered into a definitive Agreement and Plan of Merger with Fox Factory, Inc. (“Marucci Purchaser”), Marucci Merger Sub, Inc. (“Marucci Merger Sub”) and Wheelhouse, pursuant to which Marucci Purchaser agreed to acquire all of the issued and outstanding securities of Wheelhouse, the parent company of the operating entity, Marucci Sports, LLC, through a merger of Marucci Merger Sub with and into Wheelhouse, with Wheelhouse surviving the merger and becoming a wholly owned subsidiary of Marucci Purchaser. The sale price of Wheelhouse will be based on an enterprise value of $572 million, subject to certain adjustments based on matters such as transaction tax benefits, transaction expenses of Wheelhouse, the net working capital and cash and debt balances of Wheelhouse at the time of the closing. The closing of the transaction is expect ed to occur in the fourth quarter of 2023; ho

Presentation and Principles o_2

Presentation and Principles of Consolidation (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Consolidation	Consolidation The condensed consolidated financial statements include the accounts of the Trust and the Company, as well as the businesses acquired as of their respective acquisition date. All significant intercompany accounts and transactions have been eliminated in consolidation. Discontinued operating entities are reflected as discontinued operations in the Company's results of operations and statements of financial position.
Seasonality	SeasonalityEarnings 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, however, due to various acquisitions since 2020, there is generally less seasonality in our net sales on a consolidated basis than there has been historically.
Revenue	he Company recognizes revenue 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, Policy [Policy Text Block]	iscontinued Operations During the first quarter of 2023, the Company completed the sale of Compass AC Holdings, Inc. (“Advanced Circuits or ACI”). The results of operations of ACI are reported as discontinued operations in the condensed consolidated statements of operations for the nine months ended September 30, 2023 and the three and nine months ended September 30, 2022. 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.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2023
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, 2023 and 2022 (in thousands): Three months ended September 30, 2023 United States Canada Europe Asia Pacific Other International Total 5.11 $ 107,456 $ 1,765 $ 8,954 $ 4,703 $ 12,335 $ 135,213 BOA 8,899 31 13,272 15,047 32 37,281 Ergobaby 8,316 1,165 7,301 6,097 339 23,218 Lugano 78,732 — 3 — — 78,735 Marucci 45,449 1,035 319 1,629 68 48,500 PrimaLoft 275 — 989 9,603 63 10,930 Velocity Outdoor 49,840 2,294 1,153 169 1,013 54,469 Altor 50,173 — — — 9,042 59,215 Arnold 28,838 126 9,972 1,738 1,145 41,819 Sterno 77,344 2,229 600 12 — 80,185 $ 455,322 $ 8,645 $ 42,563 $ 38,998 $ 24,037 $ 569,565 Three months ended September 30, 2022 United States Canada Europe Asia Pacific Other International Total 5.11 $ 101,112 $ 2,877 $ 8,147 $ 4,528 $ 9,873 $ 126,537 BOA 12,964 2 15,899 21,104 50 50,019 Ergobaby 6,903 918 6,713 6,526 480 21,540 Lugano 50,183 — 668 294 — 51,145 Marucci 41,170 436 5 1,136 6 42,753 PrimaLoft 344 40 691 9,383 254 10,712 Velocity Outdoor 69,713 2,361 1,997 205 1,206 75,482 Altor 62,368 — — — 7,250 69,618 Arnold 26,334 164 10,765 1,683 431 39,377 Sterno 86,652 2,275 (367) (16) 92 88,636 $ 457,743 $ 9,073 $ 44,518 $ 44,843 $ 19,642 $ 575,819

Operating Segment Data (Tables)

Operating Segment Data (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Summary of Net Sales of Operating Segments	Net Revenues Three months ended September 30, Nine months ended September 30, (in thousands) 2023 2022 2023 2022 5.11 $ 135,213 $ 126,537 $ 385,695 $ 350,608 BOA 37,281 50,019 113,390 166,215 Ergobaby 23,218 21,540 71,785 68,256 Lugano 78,735 51,145 203,571 137,229 Marucci 48,500 42,753 144,065 122,481 PrimaLoft 10,930 10,712 57,619 10,712 Velocity Outdoor 54,469 75,482 126,348 180,774 Altor Solutions 59,215 69,618 181,613 199,590 Arnold 41,819 39,377 122,047 116,319 Sterno 80,185 88,636 229,819 249,745 Total segment revenue 569,565 575,819 1,635,952 1,601,929 Corporate — — — — Total consolidated revenues $ 569,565 $ 575,819 $ 1,635,952 $ 1,601,929
Summary of Profit (Loss) of Operating Segments	Segment Profit (Loss) Three months ended September 30, Nine months ended September 30, (in thousands) 2023 2022 2023 2022 5.11 $ 13,400 $ 12,091 $ 31,652 $ 30,301 BOA 6,684 12,975 22,685 50,237 Ergobaby 1,288 593 4,202 3,866 Lugano 27,963 12,635 64,872 35,885 Marucci 11,062 7,692 28,364 14,141 PrimaLoft (2,756) (8,469) 5,082 (8,469) Velocity Outdoor (28,581) 10,225 (33,467) 18,721 Altor Solutions 8,749 6,561 24,906 18,303 Arnold 4,739 5,462 15,390 14,075 Sterno 6,438 2,795 18,019 13,783 Total segment operating income 48,986 62,560 181,705 190,843 Corporate (20,551) (18,785) (59,298) (52,155) Total consolidated operating income 28,435 43,775 122,407 138,688 Reconciliation of segment operating income (loss) to consolidated income from continuing operations before income taxes: Interest expense, net (27,560) (22,799) (80,355) (57,737) Amortization of debt issuance costs (1,005) (1,004) (3,034) (2,735) Loss on debt extinguishment — (534) — (534) Other income (expense), net 1,043 (1,917) 2,069 856 Total consolidated income from continuing operations before income taxes $ 913 $ 17,521 $ 41,087 $ 78,538
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) 2023 2022 2023 2022 5.11 $ 6,494 $ 5,701 $ 19,645 $ 16,648 BOA 5,875 5,517 17,267 16,161 Ergobaby 2,009 2,008 6,038 5,998 Lugano 1,913 2,976 6,522 8,090 Marucci 3,396 2,467 9,768 9,447 PrimaLoft 5,283 4,107 15,843 4,107 Velocity Outdoor 3,267 3,327 9,846 9,740 Altor Solutions 4,154 4,062 12,374 12,069 Arnold 2,085 1,895 6,126 5,942 Sterno 4,872 4,956 14,678 14,934 Total 39,348 37,016 118,107 103,136 Reconciliation of segment to consolidated total: Amortization of debt issuance costs 1,005 1,004 3,034 2,735 Consolidated total $ 40,353 $ 38,020 $ 121,141 $ 105,871 Accounts Receivable Identifiable Assets September 30, December 31, September 30, December 31, (in thousands) 2023 2022 2023 (1) 2022 (1) 5.11 $ 52,661 $ 53,589 $ 436,032 $ 450,537 BOA 1,966 1,630 230,416 240,359 Ergobaby 12,581 11,213 75,594 84,657 Lugano 105,094 85,911 466,925 327,795 Marucci 30,373 35,185 188,362 181,528 PrimaLoft 1,377 2,486 298,806 310,914 Velocity Outdoor 36,028 33,159 223,427 224,356 Altor Solutions 43,133 42,368 186,749 198,943 Arnold 26,973 23,666 107,797 105,196 Sterno 51,426 54,400 186,514 210,780 Sales allowance accounts (11,773) (12,211) — — Total 349,839 331,396 2,400,622 2,335,065 Reconciliation of segment to consolidated totals: Corporate and other identifiable assets — — 18,882 18,471 Total $ 349,839 $ 331,396 $ 2,419,504 $ 2,451,509 (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, 2023
Property, Plant and Equipment [Abstract]
Summary of Property, Plant and Equipment	September 30, 2023 December 31, 2022 Machinery and equipment $ 238,720 $ 225,027 Furniture, fixtures and other 73,091 66,445 Leasehold improvements 95,854 75,318 Buildings and land 13,535 13,386 Construction in process 17,539 18,091 438,739 398,267 Less: accumulated depreciation (235,227) (199,742) Total $ 203,512 $ 198,525
Summary of Inventory	Inventory is comprised of the following at September 30, 2023 and December 31, 2022 (in thousands) : September 30, 2023 December 31, 2022 Raw materials $ 101,002 $ 104,735 Work-in-process 30,805 30,158 Finished goods 699,606 621,854 Less: obsolescence reserve (29,526) (28,664) Total $ 801,887 $ 728,083

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Reconciliation of Change in Carrying Value of Goodwill	summary of the net carrying amount of goodwill at September 30, 2023 and December 31, 2022, is as follows (in thousands) : September 30, 2023 December 31, 2022 Goodwill - gross carrying amount $ 1,152,334 $ 1,145,023 Accumulated impairment losses (1) (110,865) (78,297) Goodwill - net carrying amount $ 1,041,469 $ 1,066,726 (1) Includes accumulated goodwill impairment expense of $20.6 million recorded at Ergobaby, $65.4 million at Velocity and $24.9 million at Arnold. In the nine months ended September 30, 2023, the Company recorded $32.6 million of goodwill impairment expense at Velocity, and in the year ended December 31, 2022, the Company recorded $20.6 million in goodwill impairment expense at Ergobaby. The following is a reconciliation of the change in the carrying value of goodwill for the nine months ended September 30, 2023 by operating segment (in thousands) : Balance at January 1, 2023 Acquisitions/Measurement Period Adjustments Goodwill Impairment Balance at September 30, 2023 5.11 $ 92,966 $ — $ — $ 92,966 BOA 254,153 — — 254,153 Ergobaby 40,896 — — 40,896 Lugano 86,337 — — 86,337 Marucci 75,719 8,114 — 83,833 PrimaLoft 291,150 (803) — 290,347 Velocity Outdoor 39,773 — (32,568) 7,205 Altor 91,129 — — 91,129 Arnold 39,267 — — 39,267 Sterno 55,336 — — 55,336 Total $ 1,066,726 $ 7,311 $ (32,568) $ 1,041,469
Summary of Other Intangible Assets	Other intangible assets are comprised of the following at September 30, 2023 and December 31, 2022 (in thousands) : September 30, 2023 December 31, 2022 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Customer relationships $ 785,303 $ (283,325) $ 501,978 $ 785,303 $ (239,752) $ 545,551 Technology and patents 226,866 (64,947) 161,919 211,648 (52,811) 158,837 Trade names, subject to amortization 487,843 (141,556) 346,287 483,179 (118,684) 364,495 Non-compete agreements 6,424 (4,515) 1,909 4,637 (3,824) 813 Other contractual intangible assets 1,960 (1,523) 437 1,960 (1,185) 775 Total 1,508,396 (495,866) 1,012,530 1,486,727 (416,256) 1,070,471 Trade names, not subject to amortization 56,965 — 56,965 56,965 — 56,965 In-process research and development (1) 500 — 500 500 — 500 Total intangibles, net $ 1,565,861 $ (495,866) $ 1,069,995 $ 1,544,192 $ (416,256) $ 1,127,936
Summary of Estimated Charges to Amortization Expense of Intangible Assets	Estimated charges to amortization expense of intangible assets for the remainder of 2023 and the next four years, is as follows (in thousands) : 2023 2024 2025 2026 2027 $ 26,523 $ 104,523 $ 99,241 $ 92,863 $ 82,000

Warranties (Tables)

Warranties (Tables)	9 Months Ended
	Sep. 30, 2023
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, 2023 and the year ended December 31, 2022 is as follows ( in thousands ): Warranty liability Nine months ended September 30, 2023 Year ended December 31, 2022 Beginning balance $ 1,754 $ 2,062 Provision for warranties issued during the period 2,507 3,301 Fulfillment of warranty obligations (2,624) (3,609) Ending balance $ 1,637 $ 1,754

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Summary of Debt Holdings	he following table provides the Company’s outstanding long-term debt and effective interest rates at September 30, 2023 and December 31, 2022 (in thousands) : September 30, 2023 December 31, 2022 Effective Interest Rate Amount Effective Interest Rate Amount 2029 Senior Notes 5.25 % $ 1,000,000 5.25 % $ 1,000,000 2032 Senior Notes 5.00 % 300,000 5.00 % 300,000 2022 Term Loan 7.36 % 387,500 5.20 % 395,000 2022 Revolving Credit Facility 7.45 % 112,000 5.98 % 155,000 Less: Unamortized debt issuance costs (13,724) (15,532) Total debt $ 1,785,776 $ 1,834,468 Less: Current Portion, term loan facilities (10,000) (10,000) Long-term debt $ 1,775,776 $ 1,824,468

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2023
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, 2023 and 2022 attributable to the common shares of Holdings is calculated as follows (in thousands, except per share data) : Three months ended Nine months ended 2023 2022 2023 2022 Net income (loss) from continuing operations attributable to common shares of Holdings $ (20,342) $ (15,561) $ (41,512) $ 8,685 Less: Effect of contribution based profit - Holding Event 5,164 4,132 11,609 11,931 Net loss from continuing operations attributable to common shares of Holdings $ (25,506) $ (19,693) $ (53,121) $ (3,246) Income from discontinued operations attributable to Holdings $ 1,274 $ 4,873 $ 102,881 $ 18,665 Less: Effect of contribution based profit - Holding Event — 416 — 1,614 Income from discontinued operations attributable to common shares of Holdings $ 1,274 $ 4,457 $ 102,881 $ 17,051 Basic and diluted weighted average common shares outstanding 71,881 71,910 71,996 70,514 Basic and fully diluted income (loss) per common share attributable to Holdings Continuing operations $ (0.35) $ (0.27) $ (0.74) $ (0.04) Discontinued operations 0.02 0.06 1.43 0.24 $ (0.33) $ (0.21) $ 0.69 $ 0.20

Noncontrolling Interest (Tables

Noncontrolling Interest (Tables)	9 Months Ended
	Sep. 30, 2023
Noncontrolling Interest [Abstract]
Company's Ownership Percentage of its Majority Owned Operating Segments and Related Noncontrolling Interest	The following tables reflect the LLC’s ownership percentage of its majority owned operating segments and related noncontrolling interest balances as of September 30, 2023 and December 31, 2022: % Ownership (1) September 30, 2023 % Ownership (1) December 31, 2022 Primary Fully Primary Fully 5.11 97.5 88.3 97.7 88.3 BOA 91.8 83.1 91.8 83.5 Ergobaby 81.6 72.8 81.6 72.8 Lugano 59.9 54.9 59.9 55.2 Marucci 90.0 80.9 91.0 82.1 PrimaLoft 90.7 83.1 90.7 83.7 Velocity Outdoor 99.4 87.7 99.4 87.7 Altor 99.3 90.1 99.8 88.2 Arnold 98.0 85.5 98.0 85.5 Sterno 99.4 88.3 99.4 90.7 (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, 2023 December 31, 2022 5.11 $ 18,029 $ 17,186 BOA 39,534 36,215 Ergobaby 16,751 16,020 Lugano 96,903 82,967 Marucci 26,989 20,045 PrimaLoft 35,969 36,263 Velocity Outdoor 6,562 6,115 Altor 5,901 5,077 Arnold 1,636 1,475 Sterno 1,795 2,046 Allocation Interests 100 100 $ 250,169 $ 223,509

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2023
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 during the year ended December 31, 2022. There were no assets or liabilities measured on a recurring basis during the nine months ended September 30, 2023. Fair Value Measurements at December 31, 2022 (in thousands) Carrying Level 1 Level 2 Level 3 Liabilities: Put option of noncontrolling shareholders (1) $ (142) $ — $ — $ (142) Contingent consideration - acquisition (2) (1,300) — — (1,300) Total recorded at fair value $ (1,442) $ — $ — $ (1,442)
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, 2022 through September 30, 2023 are as follows ( in thousands ): Level 3 Balance at January 1, 2022 $ (1,501) Contingent consideration - King's Camo (1,600) Adjustment to contingent consideration - King's Camo 300 Payment of contingent consideration - Polyfoam 1,350 Increase in the fair value of put option of noncontrolling shareholder - 5.11 9 Balance at December 31, 2022 $ (1,442) Termination of put option of noncontrolling shareholder - 5.11 142 Adjustment to contingent consideration - King's Camo 25 Payment of contingent consideration - King's Camo 1,275 Balance at September 30, 2023 $ —

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2023
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, 2023 and 2022 is as follows: Nine months ended September 30, 2023 2022 United States Federal Statutory Rate 21.0 % 21.0 % State income taxes (net of Federal benefits) 7.4 3.7 Foreign income taxes 5.2 2.0 Impact of subsidiary employee stock options 0.3 0.8 Utilization of tax credits (11.0) (8.3) Non-recognition of various carryforwards at subsidiaries 19.8 13.4 United States tax on foreign income (1.4) 1.3 Impairment expense 7.5 — Effect of classification of assets held for sale — 11.0 Other 0.4 1.7 Effective income tax rate 49.2 % 46.6 %

Defined Benefit Plan (Tables)

Defined Benefit Plan (Tables)	9 Months Ended
	Sep. 30, 2023
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, 2023 and 2022 (in thousands ): Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Service cost $ 90 $ 105 $ 271 $ 321 Interest cost 60 10 182 31 Expected return on plan assets (54) (18) (163) (54) Amortization of unrecognized loss (9) (7) (27) (20) Effect of curtailment — — (13) (31) Net periodic benefit cost $ 87 $ 90 $ 250 $ 247

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2023
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, 2023 December 31, 2022 Operating lease right-of-use assets Other non-current assets $ 162,439 $ 147,518 Current portion, operating lease liabilities Other current liabilities $ 31,878 $ 28,497 Operating lease liabilities Other non-current liabilities $ 155,126 $ 139,529
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows ( in thousands ): Nine months ended September 30, 2023 Nine months ended September 30, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 30,414 $ 28,178 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 36,639 $ 41,127
Maturities of Lease Liabilities	The maturities of lease liabilities at September 30, 2023 are as follows ( in thousands ): 2023 (excluding nine months ended September 30, 2023) $ 11,481 2024 43,712 2025 40,202 2026 36,626 2027 32,284 Thereafter 75,582 Total undiscounted lease payments $ 239,887 Less: Interest 52,883 Present value of lease liabilities $ 187,004
Lease Supplemental Balance Sheet Information Table	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, 2023 September 30, 2022 Weighted-average remaining lease term (years) 6.12 6.24 Weighted-average discount rate 8.02 % 7.57 %

Presentation and Principles o_3

Presentation and Principles of Consolidation - Narrative (Details)	3 Months Ended	9 Months Ended
	Sep. 30, 2023 Segment	Sep. 30, 2023 Segment
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number Of Businesses Owned	10	10
Sole owner of Trust interest of the company		100%
Number of reportable operating segments	10

Acquisition - Additional Inform

Acquisition - Additional Information (Detail) - USD ($) $ in Thousands				3 Months Ended	6 Months Ended	9 Months Ended		12 Months Ended
	Apr. 03, 2023	Jul. 12, 2022	Jul. 08, 2022	Sep. 30, 2022	Jun. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Dec. 31, 2022	Sep. 03, 2021
Business Acquisition [Line Items]
Goodwill						$ 1,041,469			$ 1,066,726
Borrowings under credit facility						287,000	$ 169,000
Payments to Acquire Businesses, Net of Cash Acquired						23,298	$ 564,885
Marucci [Member]
Business Acquisition [Line Items]
Goodwill						83,833			$ 75,719
King's Camo
Business Acquisition [Line Items]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability						1,275
Lugano
Business Acquisition [Line Items]
Integration service fees payable										$ 2,300
Business Combination, Acquisition Related Costs				$ 5,700
Primaloft
Business Acquisition [Line Items]
Integration service fees payable		$ 4,800
Goodwill		335,296				290,347
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs		$ 541,100
Business Acquisition, Percentage of Voting Interests Acquired		9.20%
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital		$ 2,257						$ 4,161
Borrowings under credit facility		400,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		248,200				306,900
Finite-lived Intangible Assets Acquired		306,900
Payments to Acquire Businesses, Net of Cash Acquired		530,000						530,000
Payments to Acquire Businesses, Gross		539,576				541,112		$ 541,112
Initial Term and Revolving Loan Commitment		178,000
King's Camo
Business Acquisition [Line Items]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability					$ 300	$ 25
Customer relationships | Primaloft
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		209,100
Trade name | Primaloft
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		$ 48,200
Total | King's Camo
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs			$ 25,200
Business Combination, Acquisition Related Costs			200
Borrowings under credit facility			25,700
Goodwill, Acquired During Period			9,700
Contingent consideration			3,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			$ 7,100
Marucci [Member] | Baum Bat
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs	$ 27,500
Business Acquisition, Percentage of Voting Interests Acquired	1%
Business Combination, Acquisition Related Costs	$ 400
Borrowings under credit facility	25,000
Goodwill, Acquired During Period	8,100
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 19,300
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	11,783

Acquisition - Schedule of Asset

Acquisition - Schedule of Assets Acquired and Liabilities Assumed as of the Acquisition Date (Detail) - USD ($) $ in Thousands		3 Months Ended	9 Months Ended		12 Months Ended
	Jul. 12, 2022	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Dec. 31, 2022
Assets:
Goodwill			$ 1,041,469			$ 1,066,726
Acquisition Consideration
Goodwill, Purchase Accounting Adjustments			7,311
Payments to Acquire Businesses, Net of Cash Acquired			23,298	$ 564,885
Lugano
Acquisition Consideration
Business Combination, Acquisition Related Costs		$ 5,700
Primaloft
Assets:
Goodwill	$ 335,296		290,347
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	6,951		6,951
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables	2,992		2,992
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory	1,991		1,991
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,058		1,058
Payments to Acquire Businesses, Gross	539,576		541,112		$ 541,112
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Prepaid Expense and Other Assets	3,581		2,394
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	248,200		306,900
Acquisition Consideration
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	264,773		322,286
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	8,865		7,785
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	360		360
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities And Noncontrolling Interest	60,493		71,521
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Including Noncontrolling Interest	204,280		250,765
Goodwill, Purchase Accounting Adjustments					(44,949)
Cash Acquired from Acquisition	7,319				6,951
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital	2,257				4,161
Payments to Acquire Businesses, Net of Cash Acquired	530,000				530,000
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs	541,100
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	$ 51,268		63,376
Primaloft | Scenario, Adjustment
Assets:
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Inventory					0
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Property, Plant, and Equipment					0
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles					58,700
Other current and noncurrent assets					(1,187)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Assets					57,513
Acquisition Consideration
Business Combination, Provisional Information, Initial Accounting Incomplete, Other Current Liabilities					(1,080)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Liabilities					0
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Deferred Tax Liabilities					12,108
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Including Noncontrolling Interest			$ 46,485
Cash Acquired from Acquisition					(368)
Business Combination, Consideration Transferred, Increase (Decrease) in Working Capital					1,904
Payments to Acquire Businesses, Net of Cash Acquired					0
Payments to Acquire Businesses, Net of Cash Acquired and Net of Transactions Costs					1,536
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Cash					0
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Accounts Receivable					0
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities					11,028
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred					$ 1,536

Acquisition - Schedule of Intan

Acquisition - Schedule of Intangible Assets Recorded as Part of Acquisition (Detail) - USD ($) $ in Thousands	Jul. 12, 2022	Sep. 30, 2023	Dec. 31, 2022
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill		$ 1,041,469	$ 1,066,726
Primaloft
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 306,900
Goodwill	335,296	$ 290,347
Primaloft | Trade name
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 48,200
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	20 years
Primaloft | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 209,100
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	15 years
Primaloft | Technology-Based Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 49,100
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	11 years
Primaloft | In Process Research and Development
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired	$ 500

Acquisition - Pro Forma Informa

Acquisition - Pro Forma Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Net loss attributable to Holdings	$ (10,154)	$ (1,774)	$ 108,849	$ 48,355
Primaloft
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Business Acquisition, Pro Forma Revenue		578,138	1,657,114
Net loss attributable to Holdings		(5,520)	29,477
Business Acquisition, Pro Forma Gross Profit		231,312	675,919
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Net of Tax		44,301	152,420
Business Acquisition, Pro Forma Net Income (Loss)		$ (1,912)	$ 42,466
Business Acquisition, Pro Forma Earnings Per Share, Basic		$ (0.26)	$ (0.05)

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands		3 Months Ended				9 Months Ended
	Jan. 10, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
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		$ 1,274			$ 1,479	$ 103,495	$ 6,893
Aci [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Total enterprise value	$ 220,000
Disposal Group, repayment of intercompany loans	66,900
Proceeds from sale of businesses	$ 170,900
Gain on sale of discontinued operations, net of income tax			$ 2,100	$ 98,000
Discontinued Operation, Tax Effect of Gain (Loss) from Disposal of Discontinued Operation		$ 3,400		$ 6,800

Discontinued Operations - Summa

Discontinued Operations - Summarized Balance Sheet Information (Details) - USD ($)		3 Months Ended		9 Months Ended
	Jan. 10, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Liabilities:
Noncontrolling interest of discontinued operations		$ 250,169,000		$ 250,169,000		$ 223,509,000
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations		0		0		1,533,000
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest		0	$ 4,078,000	(1,391,000)	$ 14,452,000
Disposal Group, Including Discontinued Operation, Assets, Current		0		0		18,126,000
Disposal Group, Including Discontinued Operation, Assets, Noncurrent		0		0		79,847,000
Disposal Group, Including Discontinued Operation, Liabilities, Current		0		0		11,148,000
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent		$ 0		$ 0		16,192,000
Aci [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	$ 8,829,000		21,788,000		67,194,000
Liabilities:
Stockholders' Equity Attributable to Noncontrolling Interest, Discontinued Operations						1,533,000
Disposal Group, Including Discontinued Operation, Gross Profit (Loss)	3,663,000		9,757,000		30,782,000
Disposal Group, Including Discontinued Operation, Operating Income (Loss)	1,058,000		4,972,000		17,302,000
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	(2,464,000)		4,749,000		17,052,000
Discontinued Operation, Tax Effect of Discontinued Operation	(1,073,000)		671,000		2,600,000
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	$ (1,391,000)		$ 4,078,000		$ 14,452,000
Disposal Group, Including Discontinued Operation, Cash and Cash Equivalents						3,391,000
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net						10,044,000
Disposal Group, Including Discontinued Operation, Inventory, Current						4,345,000
Disposal Group, Including Discontinued Operation, Prepaid and Other Assets, Current						346,000
Disposal Group, Including Discontinued Operation, Assets, Current						18,126,000
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment						6,949,000
Disposal Group, Including Discontinued Operation, Goodwill						66,678,000
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent						6,220,000
Disposal Group, Including Discontinued Operation, Assets, Noncurrent						79,847,000
Disposal Group, Including Discontinued Operation, Accounts Payable, Current						3,810,000
Disposal Group, Including Discontinued Operation, Accrued Liabilities, Current						5,570,000
Disposal group due to related party						250,000
Disposal Group, Including Discontinued Operation, Other Liabilities, Current						1,518,000
Disposal Group, Including Discontinued Operation, Liabilities, Current						11,148,000
Disposal Group, Including Discontinued Operation, Deferred Tax Liabilities						10,999,000
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent						5,193,000
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent						$ 16,192,000

Discontinued Operations - Sum_2

Discontinued Operations - Summarized Operating Results (Details) - USD ($)		3 Months Ended		9 Months Ended
	Jan. 10, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income from discontinued operations		$ 0	$ 4,078,000	$ (1,391,000)	$ 14,452,000
Aci [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales	$ 8,829,000		21,788,000		67,194,000
Gross profit	3,663,000		9,757,000		30,782,000
Operating income (loss)	1,058,000		4,972,000		17,302,000
Income (loss) from continuing operations before income taxes	(2,464,000)		4,749,000		17,052,000
Provision for income taxes	(1,073,000)		671,000		2,600,000
Income from discontinued operations	(1,391,000)		4,078,000		14,452,000
Disposal Group, Including Discontinued Operation, Intercompany Interest Expense Excluded from Income (Loss) from Discontinued Operations	$ 1,400,000		$ 3,300,000		$ 4,900,000

Revenue - Disaggregation of Rev

Revenue - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	$ 569,565	$ 575,819	$ 1,635,952	$ 1,601,929
5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	135,213	126,537	385,695	350,608
Europe
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	23,218	21,540	71,785	68,256
Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	48,500	42,753	144,065	122,481
Total
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	54,469	75,482	126,348	180,774
Arnold [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	41,819	39,377	122,047	116,319
Sterno Products [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	80,185	88,636	229,819	249,745
BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	37,281	50,019	113,390	166,215
Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	59,215	69,618	181,613	199,590
Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	78,735	51,145	203,571	137,229
Primaloft
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	10,930	10,712	57,619	10,712
5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	455,322	457,743	1,279,884	1,270,743
5.11 | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	107,456	101,112	306,610	278,458
5.11 | Europe
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,316	6,903	27,158	24,917
5.11 | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	45,449	41,170	136,122	118,893
5.11 | Total
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	49,840	69,713	113,986	159,863
5.11 | Arnold [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	28,838	26,334	83,393	79,940
5.11 | Sterno Products [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	77,344	86,652	221,316	243,034
5.11 | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,899	12,964	30,576	49,142
5.11 | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	50,173	62,368	156,505	179,885
5.11 | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	78,732	50,183	203,568	136,267
5.11 | Primaloft
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	275	344	650	344
BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,645	9,073	27,100	28,654
BOA | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,765	2,877	7,896	7,958
BOA | Europe
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,165	918	3,829	3,041
BOA | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,035	436	2,687	1,380
BOA | Total
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	2,294	2,361	5,730	8,853
BOA | Arnold [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	126	164	584	601
BOA | Sterno Products [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	2,229	2,275	6,068	6,142
BOA | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	31	2	155	639
BOA | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
BOA | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
BOA | Primaloft
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	40	151	40
Ergobaby
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	42,563	44,518	126,971	138,660
Ergobaby | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	8,954	8,147	24,926	24,466
Ergobaby | Europe
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	7,301	6,713	20,296	22,388
Ergobaby | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	319	5	533	34
Ergobaby | Total
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,153	1,997	3,526	7,010
Ergobaby | Arnold [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	9,972	10,765	30,061	29,202
Ergobaby | Sterno Products [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	600	(367)	2,422	372
Ergobaby | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	13,272	15,899	42,725	53,829
Ergobaby | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Ergobaby | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	3	668	3	668
Ergobaby | Primaloft
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	989	691	2,479	691
Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	38,998	44,843	135,250	110,138
Lugano | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	4,703	4,528	12,701	12,578
Lugano | Europe
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	6,097	6,526	19,281	17,140
Lugano | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,629	1,136	4,606	2,130
Lugano | Total
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	169	205	429	1,047
Lugano | Arnold [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,738	1,683	4,582	5,032
Lugano | Sterno Products [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	12	(16)	13	86
Lugano | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	15,047	21,104	39,610	62,448
Lugano | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Lugano | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	294	0	294
Lugano | Primaloft
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	9,603	9,383	54,028	9,383
Marucci
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	24,037	19,642	66,747	53,734
Marucci | 5.11
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	12,335	9,873	33,562	27,148
Marucci | Europe
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	339	480	1,221	770
Marucci | Marucci [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	68	6	117	44
Marucci | Total
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,013	1,206	2,677	4,001
Marucci | Arnold [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	1,145	431	3,427	1,544
Marucci | Sterno Products [Member]
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	92	0	111
Marucci | BOA
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	32	50	324	157
Marucci | Altor
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	9,042	7,250	25,108	19,705
Marucci | Lugano
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	0	0	0	0
Marucci | Primaloft
Disaggregation of Revenue [Line Items]
Total revenue, excluding assessed tax	$ 63	$ 254	$ 311	$ 254

Operating Segment Data - Additi

Operating Segment Data - Additional Information (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($) Segment Clients	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) Facility	Sep. 30, 2022 USD ($)
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 40,353	$ 38,020	$ 121,141	$ 105,871
Number of reportable operating segments | Segment	10
Ergobaby | Geographic Concentration Risk | Trading Revenue
Segment Reporting Information [Line Items]
Concentration risk, percentage			50%
Arnold | Minimum
Segment Reporting Information [Line Items]
Number of clients | Clients	2,000
Altor
Segment Reporting Information [Line Items]
Number Of Manufacturing Facilities | Facility			18
Operating Segments
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 39,348	37,016	$ 118,107	103,136
Operating Segments | 5.11
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	6,494	5,701	19,645	16,648
Operating Segments | Ergobaby
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	2,009	2,008	6,038	5,998
Operating Segments | Total
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	3,267	3,327	9,846	9,740
Operating Segments | Arnold
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	2,085	1,895
Operating Segments | Sterno Products [Member]
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	4,872	4,956	14,678	14,934
Operating Segments | Altor
Segment Reporting Information [Line Items]
Depreciation and Amortization Expense	$ 4,154	$ 4,062	$ 12,374	$ 12,069

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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	$ 569,565	$ 575,819	$ 1,635,952	$ 1,601,929
5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	135,213	126,537	385,695	350,608
Marucci [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	48,500	42,753	144,065	122,481
Total
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	54,469	75,482	126,348	180,774
Sterno Products [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	80,185	88,636	229,819	249,745
BOA
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	37,281	50,019	113,390	166,215
Altor
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	59,215	69,618	181,613	199,590
Lugano
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	78,735	51,145	203,571	137,229
Primaloft
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	10,930	10,712	57,619	10,712
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	569,565	575,819	1,635,952	1,601,929
Operating Segments | 5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	135,213	126,537	385,695	350,608
Operating Segments | Ergobaby
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	23,218	21,540	71,785	68,256
Operating Segments | Marucci [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	48,500	42,753	144,065	122,481
Operating Segments | Total
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	54,469	75,482	126,348	180,774
Operating Segments | Arnold
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	41,819	39,377	122,047	116,319
Operating Segments | Sterno Products [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	80,185	88,636
Operating Segments | Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax			229,819	249,745
Operating Segments | BOA
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	37,281	50,019	113,390	166,215
Operating Segments | Altor
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	59,215	69,618	181,613	199,590
Operating Segments | Lugano
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	78,735	51,145	203,571	137,229
Operating Segments | Primaloft
Segment Reporting, Revenue Reconciling Item [Line Items]
Total revenue, excluding assessed tax	10,930	10,712	57,619	10,712
Reconciliation of Segment to Consolidated | Corporate
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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Operating Income (Loss)	$ 28,435	$ 43,775	$ 122,407	$ 138,688
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	913	17,521	41,087	78,538
Other income (expense), net	1,043	(1,917)	2,069	856
Amortization of Debt Issuance Costs	(1,005)	(1,004)	(3,034)	(2,735)
Gain (Loss) on Extinguishment of Debt	0	(534)	0	(534)
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Operating Income (Loss)	48,986	62,560	181,705	190,843
Operating Segments | 5.11
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	13,400	12,091	31,652	30,301
Operating Segments | Ergobaby
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	1,288	593	4,202	3,866
Operating Segments | Marucci [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	11,062	7,692	28,364	14,141
Operating Segments | Total
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	(28,581)	10,225	(33,467)	18,721
Operating Segments | Arnold
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	4,739	5,462	15,390	14,075
Operating Segments | Sterno Products [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	6,438	2,795
Operating Segments | Sterno
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes			18,019	13,783
Operating Segments | Corporate
Segment Reporting, Revenue Reconciling Item [Line Items]
Operating Income (Loss)	(20,551)	(18,785)	(59,298)	(52,155)
Operating Segments | BOA
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	6,684	12,975	22,685	50,237
Operating Segments | Altor
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	8,749	6,561	24,906	18,303
Operating Segments | Lugano
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	27,963	12,635	64,872	35,885
Operating Segments | Primaloft
Segment Reporting, Revenue Reconciling Item [Line Items]
Total consolidated income (loss) from continuing operations before income taxes	(2,756)	(8,469)	5,082	(8,469)
Reconciliation of Segment to Consolidated
Segment Reporting, Revenue Reconciling Item [Line Items]
Interest expense, net	(27,560)	(22,799)	(80,355)	(57,737)
Other income (expense), net	1,043	(1,917)	2,069	856
Amortization of Debt Issuance Costs	(1,005)	(1,004)	(3,034)	(2,735)
Gain (Loss) on Extinguishment of Debt	$ 0	$ (534)	$ 0	$ (534)

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, 2023		Sep. 30, 2022	Sep. 30, 2023		Sep. 30, 2022	Dec. 31, 2022
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, Allowance for Credit Loss		$ (11,773)			$ (11,773)			$ (12,211)
Identifiable Assets	[1]	2,419,504			2,419,504			2,451,509
Depreciation and Amortization Expense		40,353		$ 38,020	121,141		$ 105,871
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, after Allowance for Credit Loss		349,839			349,839			331,396
Identifiable Assets	[1]	2,400,622			2,400,622			2,335,065
Depreciation and Amortization Expense		39,348		37,016	118,107		103,136
Operating Segments | 5.11
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		52,661			52,661			53,589
Identifiable Assets	[1]	436,032			436,032			450,537
Depreciation and Amortization Expense		6,494		5,701	19,645		16,648
Operating Segments | Ergobaby
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		12,581			12,581			11,213
Identifiable Assets	[1]	75,594			75,594			84,657
Depreciation and Amortization Expense		2,009		2,008	6,038		5,998
Operating Segments | Marucci [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		30,373			30,373			35,185
Identifiable Assets		188,362			188,362			181,528	[1]
Depreciation and Amortization Expense		3,396		2,467	9,768		9,447
Operating Segments | Total
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		36,028			36,028			33,159
Identifiable Assets	[1]	223,427			223,427			224,356
Depreciation and Amortization Expense		3,267		3,327	9,846		9,740
Operating Segments | Arnold [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Depreciation and Amortization Expense					6,126		5,942
Operating Segments | Arnold
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		26,973	[1]		26,973	[1]		23,666
Identifiable Assets	[1]	107,797			107,797			105,196
Depreciation and Amortization Expense		2,085		1,895
Operating Segments | Sterno Products [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		51,426			51,426			54,400
Identifiable Assets		186,514			186,514			210,780	[1]
Depreciation and Amortization Expense		4,872		4,956	14,678		14,934
Operating Segments | BOA
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		1,966			1,966			1,630
Identifiable Assets		230,416			230,416			240,359
Depreciation and Amortization Expense		5,875		5,517	17,267		16,161
Operating Segments | Altor
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		43,133			43,133			42,368
Identifiable Assets		186,749			186,749			198,943
Depreciation and Amortization Expense		4,154		4,062	12,374		12,069
Operating Segments | Lugano
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		105,094			105,094			85,911
Identifiable Assets		466,925			466,925			327,795	[1]
Depreciation and Amortization Expense		1,913		2,976	6,522		8,090
Operating Segments | Primaloft
Segment Reporting, Asset Reconciling Item [Line Items]
Accounts Receivable, before Allowance for Credit Loss		1,377			1,377			2,486
Identifiable Assets		298,806			298,806			310,914
Depreciation and Amortization Expense		5,283		4,107	15,843		4,107
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		1,005		$ 1,004	3,034		$ 2,735
Reconciliation of Segment to Consolidated | Corporate
Segment Reporting, Asset Reconciling Item [Line Items]
Identifiable Assets	[1]	$ 18,882			$ 18,882			$ 18,471
[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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Document Period End Date			Sep. 30, 2023
Depreciation expense	$ 12,700	$ 10,800	$ 37,264	$ 31,059
Property, plant and equipment, gross	438,739		438,739		$ 398,267
Construction in process	17,539		17,539		18,091
Less: accumulated depreciation	(235,227)		(235,227)		(199,742)
Total	203,512		203,512		198,525
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	238,720		238,720		225,027
Furniture, fixtures and other
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	73,091		73,091		66,445
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	95,854		95,854		75,318
Buildings and land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 13,535		$ 13,535		$ 13,386

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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Document Period End Date			Sep. 30, 2023
Depreciation expense	$ 12,700	$ 10,800	$ 37,264	$ 31,059
Raw materials	101,002		101,002		$ 104,735
Work-in-process	30,805		30,805		30,158
Finished goods	699,606		699,606		621,854
Less: obsolescence reserve	(29,526)		(29,526)		(28,664)
Total	$ 801,887		$ 801,887		$ 728,083

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2022	Mar. 31, 2018	Jun. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Mar. 31, 2020
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 1,041,469					$ 1,041,469		$ 1,066,726
Goodwill - gross carrying amount	1,152,334					1,152,334		1,145,023
Goodwill, estimated impairment loss	110,865					110,865		78,297
Amortization expense	26,657		$ 25,152			79,708	$ 67,178
Goodwill, Impairment Loss						32,568
Total
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 7,205					$ 7,205		39,773
Impairment assessment assumptions weighted average cost of capital	17%					15%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent	21%					21%
Goodwill, estimated impairment loss									$ 65,400
Goodwill, Impairment Loss	$ 32,600					$ 32,568
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	40,896					40,896		40,896
Impairment assessment assumptions weighted average cost of capital		16%
Goodwill, Impairment Loss					$ 20,600			20,600
Lugano
Goodwill And Other Intangible Assets [Line Items]
Goodwill	86,337					86,337		86,337
Marucci [Member]
Goodwill And Other Intangible Assets [Line Items]
Goodwill	83,833					83,833		75,719
Arnold [Member]
Goodwill And Other Intangible Assets [Line Items]
Goodwill	39,267					39,267		39,267
Goodwill, Impairment Loss				$ 24,900
Sterno Products [Member]
Goodwill And Other Intangible Assets [Line Items]
Goodwill	$ 55,336					$ 55,336		$ 55,336

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			6 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2018	Jun. 30, 2023	Sep. 30, 2023	Dec. 31, 2022	Mar. 31, 2020
Goodwill [Line Items]
Goodwill - gross carrying amount	$ 1,152,334				$ 1,152,334	$ 1,145,023
Accumulated impairment losses (1)	(110,865)				(110,865)	(78,297)
Goodwill - net carrying amount	1,041,469				1,041,469	1,066,726
Goodwill, Purchase Accounting Adjustments					7,311
Goodwill, Impairment Loss					(32,568)
Goodwill [Roll Forward]
Balance as of January 1, 2017	1,041,469				1,041,469	1,066,726
Balance as of March 31, 2017				$ 1,066,726	1,066,726
5.11
Goodwill [Line Items]
Goodwill - net carrying amount	92,966				92,966	92,966
Goodwill [Roll Forward]
Balance as of January 1, 2017	92,966				92,966	92,966
Balance as of March 31, 2017				92,966	92,966
Ergobaby
Goodwill [Line Items]
Goodwill - net carrying amount	40,896				40,896	40,896
Goodwill, Impairment Loss				(20,600)		(20,600)
Goodwill [Roll Forward]
Balance as of January 1, 2017	40,896				40,896	40,896
Balance as of March 31, 2017				40,896	40,896
Impairment assessment assumptions weighted average cost of capital		16%
Lugano
Goodwill [Line Items]
Goodwill - net carrying amount	86,337				86,337	86,337
Goodwill [Roll Forward]
Balance as of January 1, 2017	86,337				86,337	86,337
Balance as of March 31, 2017				86,337	86,337
Arnold [Member]
Goodwill [Line Items]
Goodwill - net carrying amount	39,267				39,267	39,267
Goodwill, Impairment Loss			$ (24,900)
Goodwill [Roll Forward]
Balance as of January 1, 2017	39,267				39,267	39,267
Balance as of March 31, 2017				39,267	39,267
Total
Goodwill [Line Items]
Accumulated impairment losses (1)							$ (65,400)
Goodwill - net carrying amount	7,205				7,205	39,773
Goodwill, Impairment Loss	(32,600)				(32,568)
Goodwill [Roll Forward]
Balance as of January 1, 2017	$ 7,205				7,205	39,773
Balance as of March 31, 2017				39,773	$ 39,773
Impairment assessment assumptions weighted average cost of capital	17%				15%
Goodwill Impairment Testing, Fair Value Exceeding Carrying Value, Percent	21%				21%
Sterno Products [Member]
Goodwill [Line Items]
Goodwill - net carrying amount	$ 55,336				$ 55,336	55,336
Goodwill [Roll Forward]
Balance as of January 1, 2017	55,336				55,336	55,336
Balance as of March 31, 2017				55,336	55,336
Marucci [Member]
Goodwill [Line Items]
Goodwill - net carrying amount	83,833				83,833	75,719
Goodwill, Purchase Accounting Adjustments					8,114
Goodwill [Roll Forward]
Balance as of January 1, 2017	83,833				83,833	75,719
Balance as of March 31, 2017				75,719	75,719
BOA
Goodwill [Line Items]
Goodwill - net carrying amount	254,153				254,153	254,153
Goodwill [Roll Forward]
Balance as of January 1, 2017	254,153				254,153	254,153
Balance as of March 31, 2017				254,153	254,153
Altor
Goodwill [Line Items]
Goodwill - net carrying amount	91,129				91,129	91,129
Goodwill [Roll Forward]
Balance as of January 1, 2017	91,129				91,129	91,129
Balance as of March 31, 2017				91,129	91,129
Primaloft
Goodwill [Line Items]
Goodwill - net carrying amount	290,347				290,347	291,150
Goodwill, Purchase Accounting Adjustments					(803)
Goodwill [Roll Forward]
Balance as of January 1, 2017	$ 290,347				290,347	$ 291,150
Balance as of March 31, 2017				$ 291,150	$ 291,150

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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Document Period End Date			Sep. 30, 2023
Amortization expense	$ 26,657	$ 25,152	$ 79,708	$ 67,178
Other intangible assets, gross	1,508,396		1,508,396		$ 1,486,727
Total accumulated amortization	(495,866)		(495,866)		(416,256)
Finite-Lived Intangible Assets, Net	1,012,530		1,012,530		1,070,471
Trade names, not subject to amortization	56,965		56,965		56,965
Finite lived in-process research and development	500		500		500
Intangible Assets, Gross (Excluding Goodwill)	1,565,861		1,565,861		1,544,192
Total intangibles, net	1,069,995		1,069,995		1,127,936
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	785,303		785,303		785,303
Total accumulated amortization	(283,325)		(283,325)		(239,752)
Finite-Lived Intangible Assets, Net	501,978		501,978		545,551
Technology and patents
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	226,866		226,866		211,648
Total accumulated amortization	(64,947)		(64,947)		(52,811)
Finite-Lived Intangible Assets, Net	161,919		161,919		158,837
Trade name
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	487,843		487,843		483,179
Total accumulated amortization	(141,556)		(141,556)		(118,684)
Finite-Lived Intangible Assets, Net	346,287		346,287		364,495
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	6,424		6,424		4,637
Total accumulated amortization	(4,515)		(4,515)		(3,824)
Finite-Lived Intangible Assets, Net	1,909		1,909		813
Other contractual intangible assets
Finite-Lived Intangible Assets [Line Items]
Other intangible assets, gross	1,960		1,960		1,960
Total accumulated amortization	(1,523)		(1,523)		(1,185)
Finite-Lived Intangible Assets, Net	$ 437		$ 437		$ 775

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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 26,657	$ 25,152	$ 79,708	$ 67,178
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2021	26,523		26,523
2022	104,523		104,523
2023	99,241		99,241
2024	92,863		92,863
2025	$ 82,000		$ 82,000

Warranties - Change in Carrying

Warranties - Change in Carrying Value of Company's Warranty Liability (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Schedule of Equity Method Investments [Line Items]
Beginning balance	$ 1,754	$ 2,062
Provision for warranties issued during the period	2,507	3,301
Fulfillment of warranty obligations	(2,624)	$ (3,609)
Ending balance	$ 1,637

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)		9 Months Ended
	Jul. 12, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Mar. 02, 2021
Debt Instrument [Line Items]
Document Period End Date		Sep. 30, 2023
Line of Credit Facility, Maximum Borrowing Capacity		$ 485,800,000
Accumulated amortization		12,774,000		$ 9,760,000
Deferred debt issuance costs, less accumulated amortization		19,752,000		22,766,000
Debt Issuance Costs, Gross		32,526,000		$ 32,526,000
Long-Term Debt, Maturity, Year Two		10,000,000
Long-Term Debt, Maturity, Year Five		439,500,000
Long-Term Debt, Maturity, after Year Five		1,300,000,000
Borrowings under credit facility		287,000,000	$ 169,000,000
Senior Notes due 2029
Debt Instrument [Line Items]
Debt Issuance Costs, Gross	$ 12,000,000
2022 Credit Facility
Debt Instrument [Line Items]
Debt Issuance Costs, Gross	2,800,000
2022 Term Loan
Debt Instrument [Line Items]
Debt Issuance Costs, Gross	2,500,000
Letter of Credit
Debt Instrument [Line Items]
Letter of credit outstanding		$ 2,200,000
Letter of Credit | 2022 Credit Facility
Debt Instrument [Line Items]
Credit facility obtained	100,000,000
Senior notes due 2026 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage					8%
2022 Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	250
Borrowings under credit facility	$ 115,000,000
2022 Credit Facility | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Minimum
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	1.50%
2022 Credit Facility | Revolving Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Maximum
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	2.50%
2022 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%
2022 Credit Facility | Revolving Credit Facility | Eurodollar
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	1%
2022 Credit Facility | Revolving Credit Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	0.50%
2022 Credit Facility | Revolving Credit Facility | Base Rate | Maximum
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	1.50%
2022 Credit Facility | Term Loan | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 400,000,000
2022 Credit Facility | Term Loan | Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment	2,500,000
2022 Credit Facility | Term Loan | Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment	7,500,000
2022 Credit Facility | Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	600,000,000
Swing line loan | 2022 Credit Facility
Debt Instrument [Line Items]
Credit facility obtained	$ 25,000,000

Debt - Issuance Costs (Details)

Debt - Issuance Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Jul. 12, 2022
Debt Instrument [Line Items]
Debt Issuance Costs, Gross	$ 32,526		$ 32,526		$ 32,526
Accumulated Amortization, Debt Issuance Costs	(12,774)		(12,774)		(9,760)
Deferred debt issuance costs, less accumulated amortization	19,752		19,752		22,766
Amortization of debt issuance costs	(1,005)	$ (1,004)	(3,034)	$ (2,735)
Other Noncurrent Assets [Member]
Debt Instrument [Line Items]
Deferred debt issuance costs, less accumulated amortization	6,028		6,028		7,234
Other Noncurrent Liabilities [Member]
Debt Instrument [Line Items]
Deferred debt issuance costs, less accumulated amortization	$ 13,724		$ 13,724		$ 15,532
Senior Notes due 2029
Debt Instrument [Line Items]
Debt Issuance Costs, Gross						$ 12,000
Senior Notes due 2032
Debt Instrument [Line Items]
Debt Issuance Costs, Gross						$ 4,300

Debt - Summary of Debt Holdings

Debt - Summary of Debt Holdings (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Oct. 26, 2023	Jul. 27, 2023	Apr. 27, 2023	Jan. 26, 2023	Dec. 31, 2022	Oct. 27, 2022	Jul. 28, 2022	Apr. 28, 2022	Nov. 17, 2021	Mar. 23, 2021	Mar. 02, 2021
Debt Instrument [Line Items]
Document Period End Date	Sep. 30, 2023
Long-term Debt, Current Maturities	$ (10,000,000)						$ (10,000,000)
Long term debt	1,775,776,000						1,824,468,000
Borrowings under credit facility	287,000,000	$ 169,000,000
Line of Credit Facility, Maximum Borrowing Capacity	485,800,000
Debt Instrument, Unamortized Discount	13,724,000
Long-term Debt	1,785,776,000						1,834,468,000
Long-term Debt, Gross	1,799,500,000
Distribution declared per share				$ 0.25	$ 0.25	$ 0.25		$ 0.25	$ 0.25	$ 0.25
Long-Term Debt, Maturity, Year One	10,000,000
Long-Term Debt, Maturity, Year Three	15,000,000
Long-Term Debt, Maturity, Year Four	25,000,000
Subsequent Event
Debt Instrument [Line Items]
Distribution declared per share			$ 0.25
Revolving Credit Facility
Debt Instrument [Line Items]
Long-term Debt, Gross	112,000,000						155,000,000
Term Loan Facility
Debt Instrument [Line Items]
Debt Instrument, Unamortized Discount							15,532,000
Term Loan
Debt Instrument [Line Items]
Long-term Debt, Gross	387,500,000						395,000,000
Senior notes due 2026 [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage													8%
Letter of Credit
Debt Instrument [Line Items]
Letter of credit outstanding	2,200,000
2021 Credit Facility | Revolving Credit Facility
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity												$ 600,000,000
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]
Long-term Debt, Fair Value	865,000,000
Debt issuance, aggregate principal amount	1,000,000,000											$ 1,000,000,000
Senior Notes	$ 1,000,000,000						$ 1,000,000,000
Debt Instrument, Interest Rate, Effective Percentage	5.25%						5.25%
Debt Instrument, Interest Rate, Stated Percentage	5.25%											5.25%
Senior Notes due 2032
Debt Instrument [Line Items]
Long-term Debt, Fair Value	$ 243,000,000
Debt issuance, aggregate principal amount	300,000,000										$ 300,000,000
Senior Notes	$ 300,000,000						$ 300,000,000
Debt Instrument, Interest Rate, Effective Percentage	5%						5%
Debt Instrument, Interest Rate, Stated Percentage	5%										5%
Term Loan
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	7.36%						5.20%
Revolving Credit Facility
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage	7.45%						5.98%

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) $ / shares in Units, $ in Thousands																			3 Months Ended		9 Months Ended
	Oct. 30, 2023 USD ($) $ / shares	Oct. 26, 2023 USD ($) $ / shares	Jul. 30, 2023 USD ($) $ / shares	Jul. 27, 2023 USD ($) $ / shares	Apr. 30, 2023 USD ($) $ / shares	Apr. 27, 2023 USD ($) $ / shares	Jan. 30, 2023 USD ($) $ / shares	Jan. 26, 2023 USD ($) $ / shares	Oct. 30, 2022 USD ($) $ / shares	Oct. 27, 2022 USD ($) $ / shares	Jul. 30, 2022 USD ($) $ / shares	Jul. 28, 2022 USD ($) $ / shares	Apr. 30, 2022 USD ($) $ / shares	Apr. 28, 2022 USD ($) $ / shares	Jan. 30, 2022 USD ($) $ / shares	Nov. 20, 2019 USD ($) $ / shares shares	Mar. 13, 2018 $ / shares shares	Jun. 28, 2017 USD ($) $ / shares shares	Sep. 30, 2023 USD ($) shares	Sep. 30, 2022 USD ($) shares	Sep. 30, 2023 USD ($) shares	Sep. 30, 2022 USD ($) shares	Jan. 31, 2023 USD ($)	Dec. 31, 2022 USD ($) shares	Sep. 07, 2021 shares	Dec. 02, 2019 shares
Stockholders Equity [Line Items]
Distribution Expense, Preferred Shareholders																			$ 6,045	$ 6,045	$ 18,136	$ 18,136
Accrued Distribution Preferred Shareholders																			$ 2,869	2,869	$ 2,869	2,869
Trust shares, authorized (shares) | shares																			500,000,000		500,000,000			500,000,000
Proceeds from Issuance of Common Stock																					$ (127)	83,889
Preferred Stock, Shares Authorized | shares																			50,000,000		50,000,000			50,000,000
Preferred Stock, Shares Issued | shares																			12,600,000		12,600,000			12,600,000
Stock Issued During Period, Value, New Issues																			$ 36	21,734	$ 127	83,889
Preferred Stock, Redemption Price Per Share | $ / shares																$ 25
Trust shares, voting rights																					One vote per share
Distribution declared per share | $ / shares				$ 0.25		$ 0.25		$ 0.25		$ 0.25		$ 0.25		$ 0.25
Distributions paid				$ 17,974		$ 17,987		$ 18,051		$ 18,051		$ 17,931		$ 17,510							$ 54,012	52,794
Net Income Loss Available To Trust Stock Net of Distributions																			(20,342)	(15,561)	$ (41,512)	8,685
Distributions For Contribution Based Profit Allocation Payments					$ 2,100
Document Period End Date																					Sep. 30, 2023
At the market offering costs																					$ 100
Commissions Payable to Broker-Dealers and Clearing Organizations																			$ 1,500	$ 400	$ 1,500	$ 400
Stock Repurchase Program, Authorized Amount																							$ 50,000
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased | shares																			42,600,000		42,600,000
Stock Repurchased During Period, Shares | shares																			75,600		382,400
Stock Repurchased During Period, Value																			$ 1,533		$ 7,389
At the market equity offering
Stockholders Equity [Line Items]
Trust shares, authorized (shares) | shares																									500,000,000
Stock Issued During Period, Shares, New Issues | shares																				934,906		3,464,844
Proceeds from Issuance or Sale of Equity																				$ 21,700		$ 84,000
Trust Common Shares
Stockholders Equity [Line Items]
Distribution To Shareholders																			$ 17,974	17,931	54,012	52,794
Series B
Stockholders Equity [Line Items]
Preferred Stock, Shares Authorized | shares																	4,000,000
Stock Issued During Period, Shares, New Issues | shares																	96,500,000
Preferred Stock, Redemption Price Per Share | $ / shares																	$ 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 | shares																			4,000,000		4,000,000			4,000,000
Issuance of Trust preferred shares, net of offering costs																			$ 96,504		$ 96,504			$ 96,504
Preferred Stock, Dividend Rate, Spread																	0.04985
Series A Preferred Stock
Stockholders Equity [Line Items]
Preferred Stock, Dividend Rate, Percentage																		7.25%
Preferred Stock, Shares Issued | shares																			4,000,000		4,000,000			4,000,000
Preferred Stock, Liquidation Preference Per Share | $ / shares																		$ 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, Cash Distributions Paid, Per Share | $ / shares			$ 453.125000		$ 453.125000		$ 453.125000		$ 453.125000		$ 453.125000		$ 453.125000		$ 453.125000
Series A
Stockholders Equity [Line Items]
Preferred Stock, Shares Authorized | shares																		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 | $ / shares			$ 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 | shares																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 | $ / shares			$ 492.1875000		$ 492.1875000		$ 492.1875000		$ 492.1875000		$ 492.1875000		$ 492.1875000		$ 492.1875000
Distribution To Shareholders			$ 2,264		$ 2,264		$ 2,264		$ 2,264		$ 2,264		$ 2,264		$ 2,264
Subsequent Event
Stockholders Equity [Line Items]
Distribution declared per share | $ / shares		$ 0.25
Distributions paid		$ 17,955
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 | $ / shares	$ 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 | $ / shares	$ 492.1875000
Subsequent Event | Series C Preferred Stock [Member]
Stockholders Equity [Line Items]
Preferred Stock, Cash Distributions Paid, Per Share | $ / shares	$ 492.1875000
Distribution To Shareholders	$ 2,264
Accumulated Deficit | Trust Common Shares
Stockholders Equity [Line Items]
Distribution To Shareholders																					54,012	52,794
Trust Common Shares
Stockholders Equity [Line Items]
Stock Issued During Period, Value, New Issues																			$ 36	$ 21,734	$ 127	$ 83,889
Stock Issued During Period, Shares, New Issues | shares																		96,400,000
Aci [Member]
Stockholders Equity [Line Items]
Distributions For Contribution Based Profit Allocation Payments					$ 24,400

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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
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	$ (20,342)	$ (15,561)	$ (41,512)	$ 8,685
Less: Effect of contribution based profit - Holding Event	5,164	4,132	11,609	11,931
Income (loss) from discontinued operations, net of income tax	$ 0	$ 3,394	$ (614)	$ 11,772
Weighted Average Number of Shares Outstanding, Diluted	71,881	71,910	71,996	70,514
Net loss from continuing operations attributable to common shares of Holdings	$ (25,506)	$ (19,693)	$ (53,121)	$ (3,246)
Continuing operations (usd per share)	$ (0.35)	$ (0.27)	$ (0.74)	$ (0.04)
Discontinued operations (usd per share)	0.02	0.06	1.43	0.24
Earnings Per Share, Diluted	$ (0.33)	$ (0.21)	$ 0.69	$ 0.20
Income (loss) from continuing operations	$ (11,428)	$ (6,647)	$ 5,968	$ 29,690
Distribution Expense, Allocation Interests	0	0	26,475	0
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	416	0	1,614
Income (loss) from discontinued operations, net of income tax	1,274	4,457	102,881	17,051
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	$ 1,274	$ 4,873	$ 102,881	$ 18,665

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, 2023		Dec. 31, 2022
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 250,169		$ 223,509
Marucci [Member] | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership		90%	[1]	91%
Marucci [Member] | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership		80.90%	[1]	82.10%
5.11 | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]			97.70%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	97.50%
5.11 | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]			88.30%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	88.30%
Ergobaby | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]			81.60%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	81.60%
Ergobaby | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]			72.80%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	72.80%
Velocity Outdoor | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]			99.40%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	99.40%
Velocity Outdoor | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]			87.70%
Noncontrolling Interest, Ownership Percentage by Parent	[1]	87.70%
Arnold [Member] | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	98%		98%
Arnold [Member] | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	85.50%		85.50%
Sterno Products [Member] | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership	[1]	99.40%		99.40%
Sterno Products [Member] | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership	[1]	88.30%		90.70%
BOA | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership				91.80%
Noncontrolling Interest, Ownership Percentage by Parent		91.80%
BOA | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership				83.50%
Noncontrolling Interest, Ownership Percentage by Parent		83.10%
Altor | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership		99.30%		99.80%
Altor | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership		90.10%		88.20%
Lugano | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership		59.90%	[1]	59.90%
Lugano | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership		54.90%	[1]	55.20%
Primaloft | % Ownership Primary
Noncontrolling Interest [Line Items]
% Ownership		90.70%		90.70%
Primaloft | % Ownership Fully Diluted
Noncontrolling Interest [Line Items]
% Ownership		83.10%		83.70%
Marucci [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 26,989		$ 20,045
Arnold [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest		1,636		1,475
Sterno
Noncontrolling Interest [Line Items]
Noncontrolling interest		1,795		2,046
Total
Noncontrolling Interest [Line Items]
Noncontrolling interest		6,562		6,115
Ergobaby
Noncontrolling Interest [Line Items]
Noncontrolling interest		16,751		16,020
5.11
Noncontrolling Interest [Line Items]
Noncontrolling interest		18,029		17,186
Allocation Interests [Member]
Noncontrolling Interest [Line Items]
Noncontrolling interest		100		100
BOA
Noncontrolling Interest [Line Items]
Noncontrolling interest		39,534		36,215
Altor
Noncontrolling Interest [Line Items]
Noncontrolling interest		5,901		5,077
Lugano
Noncontrolling Interest [Line Items]
Noncontrolling interest		96,903		82,967
Primaloft
Noncontrolling Interest [Line Items]
Noncontrolling interest		$ 35,969		$ 36,263
[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, 2023 December 31, 2022 5.11 $ 18,029 $ 17,186 BOA 39,534 36,215 Ergobaby 16,751 16,020 Lugano 96,903 82,967 Marucci 26,989 20,045 PrimaLoft 35,969 36,263 Velocity Outdoor 6,562 6,115 Altor 5,901 5,077 Arnold 1,636 1,475 Sterno 1,795 2,046 Allocation Interests 100 100 $ 250,169 $ 223,509

Noncontrolling Interest Noncont

Noncontrolling Interest Noncontrolling Interest- Additional Information (Details) - USD ($) $ in Thousands							9 Months Ended
	Jul. 27, 2023	Apr. 27, 2023	Jan. 26, 2023	Oct. 27, 2022	Jul. 28, 2022	Apr. 28, 2022	Sep. 30, 2023	Sep. 30, 2022
Noncontrolling Interest [Line Items]
Distributions paid	$ 17,974	$ 17,987	$ 18,051	$ 18,051	$ 17,931	$ 17,510	$ 54,012	$ 52,794

Fair Value Measurement - Summar

Fair Value Measurement - Summary of Liabilities Carried at Fair Value Measured on Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value Measurement [Domain] | business acquisition
Liabilities:
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value		$ 1,300
Carrying Value
Liabilities:
Put option of noncontrolling shareholders		(142)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value	$ 0	(1,442)	$ (1,501)
Level 1 | Fair Value
Liabilities:
Put option of noncontrolling shareholders		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value		0
Level 2 | Fair Value
Liabilities:
Put option of noncontrolling shareholders		0
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value		0
Level 3 | Fair Value
Liabilities:
Put option of noncontrolling shareholders		(142)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value		$ (1,442)

Fair Value Measurement - Reconc

Fair Value Measurement - Reconciliations of Change in Carrying Value of Level 3 Fair Value Measurements (Detail) - USD ($) $ in Thousands	6 Months Ended	9 Months Ended	12 Months Ended
	Jun. 30, 2023	Sep. 30, 2023	Dec. 31, 2022
King's Camo
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases	$ (1,600)
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	300	$ 25
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$ 300	25
5.11
Fair Value Disclosures [Abstract]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Issuances		142	$ 9
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Issuances		142	9
Polyfoam
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability			1,350
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability			$ 1,350
King's Camo
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability		1,275
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability		$ 1,275

Fair Value Measurement - Assets

Fair Value Measurement - Assets Measured on Nonrecurring Basis (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment expense	$ 32,568	$ 0	$ 32,568	$ 0
Total | Goodwill [Member] | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment expense			32,568
Total | Goodwill [Member] | Carrying Value | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure	7,205		7,205
Total | Goodwill [Member] | Fair Value | Level 2 | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure	0		0
Total | Goodwill [Member] | Fair Value | Level 3 | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure	7,205		7,205
Total | Goodwill [Member] | Fair Value | Level 1 | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure	$ 0		$ 0
Ergobaby | Goodwill [Member] | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment expense					$ 20,552
Ergobaby | Goodwill [Member] | Carrying Value | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure					40,896
Ergobaby | Goodwill [Member] | Fair Value | Level 2 | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure					0
Ergobaby | Goodwill [Member] | Fair Value | Level 3 | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure					40,896
Ergobaby | Goodwill [Member] | Fair Value | Level 1 | Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Fair Value Disclosure					$ 0

Fair Value Measurement - Additi

Fair Value Measurement - Additional Information (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Document Period End Date	Sep. 30, 2023
Line of Credit Facility, Maximum Borrowing Capacity	$ 485.8

Income Taxes - Reconciliation b

Income Taxes - Reconciliation between Federal Statutory Rate and Effective Income Tax Rate (Detail)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Income Tax Contingency [Line Items]
United States Federal Statutory Rate	21%	21%
State income taxes (net of Federal benefits)	7.40%	3.70%
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent	5.20%	2%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Share-Based Payment Arrangement, Amount	0.30%	0.80%
Utilization of tax credits	(11.00%)	(8.30%)
Effective Income Tax Rate Reconciliation, Non Recognition Of Nol Carry Forwards at Subsidiaries	19.80%	13.40%
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Percent	(1.40%)	1.30%
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Percent	7.50%	0%
Effective Income Tax Rate Reconciliation, Disposition of Asset, Percent	0%	11%
Other	0.40%	1.70%
Effective income tax rate	49.20%	46.60%

Defined Benefit Plan - Addition

Defined Benefit Plan - Additional Information (Detail) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0.3
Unfunded liability	2
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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Retirement Benefits [Abstract]
Service cost	$ 90	$ 105	$ 271	$ 321
Interest cost	60	10	182	31
Expected return on plan assets	(54)	(18)	(163)	(54)
Amortization of unrecognized loss	(9)	(7)	(27)	(20)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment	0	0	(13)	(31)
Net periodic benefit cost	$ 87	$ 90	$ 250	$ 247

Commitments and Contingencies -

Commitments and Contingencies - Components of Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Operating lease cost	$ 13,800	$ 11,900	$ 39,700	$ 32,900
Operating cash flows from operating leases			30,414	28,178
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability			36,639	41,127
Other Commitments [Line Items]
Operating lease cost	$ 13,800	$ 11,900	$ 39,700	$ 32,900

Commitments and Contingencies_2

Commitments and Contingencies - Maturity of Lease Liabilities (Details) $ in Thousands	Sep. 30, 2023 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2019	$ 11,481
Lessee, Operating Lease, Liability, to be Paid, Year One	43,712
2020	40,202
2021	36,626
2022	32,284
Thereafter	75,582
Total undiscounted lease payments	239,887
Less: Interest	52,883
Operating Lease, Liability	$ 187,004

Commitments and Contingencies_3

Commitments and Contingencies - Lease Term and Discount Rate (Details)	Sep. 30, 2023	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Weighted-average remaining lease term (years)	6 years 1 month 13 days	6 years 2 months 26 days
Weighted-average discount rate	8.02%	7.57%

Commitments and Contingencies_4

Commitments and Contingencies - Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 36,639	$ 41,127
Operating cash flows from operating leases	$ 30,414	$ 28,178

Commitments and Contingencies S

Commitments and Contingencies Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Leases [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 36,639	$ 41,127
Operating cash flows from operating leases	$ 30,414	$ 28,178
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 office and manufacturing facilities, computer equipment and software under various 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, 2023 and 2022. The Company recognized $13.8 million and $39.7 million in the three and nine months ended September 30, 2023 and $11.9 million and $32.9 million in the three and nine months ended September 30, 2022, respectively, in expense related to operating leases in the condensed consolidated statements of operations. The maturities of lease liabilities at September 30, 2023 are as follows ( in thousands ): 2023 (excluding nine months ended September 30, 2023) $ 11,481 2024 43,712 2025 40,202 2026 36,626 2027 32,284 Thereafter 75,582 Total undiscounted lease payments $ 239,887 Less: Interest 52,883 Present value of lease liabilities $ 187,004 The calculated amount of the right-of-use assets and lease liabilities 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. As the discount 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, 2023 September 30, 2022 Weighted-average remaining lease term (years) 6.12 6.24 Weighted-average discount rate 8.02 % 7.57 % Supplemental balance sheet information related to leases was as follows ( in thousands ): Line Item in the Company’s Consolidated Balance Sheet September 30, 2023 December 31, 2022 Operating lease right-of-use assets Other non-current assets $ 162,439 $ 147,518 Current portion, operating lease liabilities Other current liabilities $ 31,878 $ 28,497 Operating lease liabilities Other non-current liabilities $ 155,126 $ 139,529 Supplemental cash flow information related to leases was as follows ( in thousands ): Nine months ended September 30, 2023 Nine months ended September 30, 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 30,414 $ 28,178 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ 36,639 $ 41,127
Other Commitments [Line Items]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other Assets		Other Assets
Other Noncurrent Liabilities [Member]
Other Commitments [Line Items]
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other non-current liabilities		Other non-current liabilities
Other current liabilities
Other Commitments [Line Items]
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other current liabilities		Other current liabilities

- Narrative (Details)

- Narrative (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended	9 Months Ended
	Feb. 28, 2022	Sep. 30, 2023	Sep. 30, 2022	Jun. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	Jul. 12, 2022	Sep. 03, 2021
Related Party Transaction [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 485,800			$ 485,800
Document Period End Date					Sep. 30, 2023
Quarterly Management Fee Percentage Of Entity Adjusted Net Assets		0.50%			0.50%
Lugano
Related Party Transaction [Line Items]
Integration service fees payable									$ 2,300
Europe
Related Party Transaction [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 61,500
Business Combination, Consideration Transferred	$ 50,200
Primaloft
Related Party Transaction [Line Items]
Integration service fees payable								$ 4,800
Quarterly Management Fee Percentage Of Entity Adjusted Net Assets							2%
Management fee waiver				1%
Europe
Related Party Transaction [Line Items]
Ownership percentage intercompany loan agreement	81.60%
Related Party Vendor [Member]
Related Party Transaction [Line Items]
Ownership Percentage, Related Party Vendors					40%
Related Party Transaction, Purchases from Related Party		$ 600	$ 300		$ 1,600	$ 1,100
Related Party Vendor [Member] | BOA
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party		$ 10,000	$ 12,700		$ 30,400	$ 43,800

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands	Nov. 01, 2023	Sep. 30, 2023	Dec. 31, 2022
Subsequent Events [Abstract]
Long-term Debt, Current Maturities		$ 10,000	$ 10,000
Marucci [Member] | Subsequent Event
Subsequent Events [Abstract]
Disposal Group, Total enterprise value	$ 572,000
Subsequent Event [Line Items]
Disposal Group, Total enterprise value	$ 572,000