Fox Factory Holding (FOXF) 10-Q 5 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	FOXF
Entity Registrant Name	Fox Factory Holding Corp
Entity Central Index Key	1,424,929
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		36,951,699

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 6,188	$ 4,212
Accounts receivable (net of allowances of $379 and $348 at June 30, 2015 and December 31, 2014, respectively)	51,676	39,221
Inventory	78,808	59,191
Prepaids and other current assets	10,304	6,257
Deferred tax assets	7,344	4,298
Total current assets	154,320	113,179
Property, plant and equipment, net	22,436	19,759
Goodwill	59,181	58,745
Intangibles, net	61,425	65,184
Other assets	1,231	1,570
Total assets	298,593	258,437
Current liabilities:
Accounts payable	44,267	30,371
Accrued expenses	20,055	12,128
Liability reserve for uncertain tax positions	9,287	7,785
Current portion of long-term debt	2,837	2,837
Current portion of contingent consideration	7,150	7,704
Total current liabilities	83,596	60,825
Line of credit	20,000	0
Long-term debt, less current portion	45,744	47,163
Deferred rent	726	681
Deferred tax liabilities	7,152	7,414
Contingent consideration, less current portion	6,300	13,548
Total liabilities	$ 163,518	$ 129,631
Commitments and contingencies (Note 7)
Stockholders’ equity
Preferred stock, $0.001 par value—10,000 authorized and no shares issued or outstanding as of June 30, 2015 and December 31, 2014	$ 0	$ 0
Common stock, $0.001 par value—90,000 authorized; 37,258 shares issued and 36,952 outstanding as of June 30, 2015; 37,117 shares issued and 37,078 outstanding as of December 31, 2014	37	37
Additional paid-in capital	95,804	97,006
Accumulated other comprehensive loss	(468)	(406)
Retained earnings	39,702	32,169
Total stockholders’ equity	135,075	128,806
Total liabilities and stockholders’ equity	$ 298,593	$ 258,437

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 379	$ 348
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	90,000,000	90,000,000
Common stock, shares issued	37,258,000	37,117,000
Common stock, shares outstanding	36,952,000	37,078,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Sales	$ 97,171	$ 86,374	$ 164,959	$ 142,482
Cost of sales	67,303	59,421	116,308	98,512
Gross profit	29,868	26,953	48,651	43,970
Operating expenses:
Sales and marketing	6,140	5,118	11,437	8,962
Research and development	4,158	3,625	7,560	6,760
General and administrative	4,855	4,678	9,496	8,608
Amortization of purchased intangibles	1,839	1,674	3,679	3,035
Fair value adjustment of contingent consideration and acquisition related compensation	2,339	122	4,403	122
Total operating expenses	19,331	15,217	36,575	27,487
Income from operations	10,537	11,736	12,076	16,483
Other expense, net:
Interest expense	414	321	744	431
Other expense (income), net	2	(125)	(13)	(157)
Other expense, net	416	196	731	274
Income before income taxes	10,121	11,540	11,345	16,209
Provision (benefit) for income taxes	3,358	(41)	3,812	1,687
Net income	$ 6,763	$ 11,581	$ 7,533	$ 14,522
Earnings per share:
Basic (in dollars per share)	$ 0.18	$ 0.32	$ 0.20	$ 0.40
Diluted (in dollars per share)	$ 0.18	$ 0.31	$ 0.20	$ 0.38
Weighted average shares used to compute earnings per share:
Basic (in shares)	36,921	36,648	36,986	36,534
Diluted (in shares)	37,827	37,812	37,883	37,734

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 6,763	$ 11,581	$ 7,533	$ 14,522
Other comprehensive (loss) income:
Foreign currency translation adjustments, net of tax effects	4	3	(62)	9
Other comprehensive (loss) income	4	3	(62)	9
Comprehensive income	$ 6,767	$ 11,584	$ 7,471	$ 14,531

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
OPERATING ACTIVITIES:
Net income	$ 7,533	$ 14,522
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	5,789	4,535
Cost of goods on acquired inventory step up	1,084	348
Provision for doubtful accounts	25	22
Stock-based compensation	2,412	1,922
Excess tax benefit from exercise of stock options	(471)	(1,662)
(Gain) loss on disposal of property and equipment	(46)	3
Deferred taxes	(3,028)	(1,865)
Amortization of loan fees	99	87
Change in fair value of contingent consideration	52	0
Changes in operating assets and liabilities:
Accounts receivable	(12,380)	(4,044)
Inventory	(20,593)	(12,185)
Income taxes payable	4,621	1,000
Prepaids and other assets	(3,851)	(2,592)
Accounts payable	13,852	5,987
Accrued expenses	5,186	(1,895)
Deferred rent	45	(130)
Net cash provided by operating activities	329	4,053
INVESTING ACTIVITIES:
Acquisition of businesses	(765)	(40,770)
Purchases of property and equipment	(4,593)	(2,244)
Acquisition of other assets	0	(1,401)
Proceeds from sale of property and equipment	82	0
Net cash used in investing activities	(5,276)	(44,415)
FINANCING ACTIVITIES:
Proceeds from line of credit	34,000	13,000
Payments on line of credit	(14,000)	(21,000)
Payment of contingent consideration liability	(7,854)
Proceeds from issuance of debt, net of origination fees of $278	0	49,722
Repurchase of common stock	(3,993)	0
Repayment of debt	(1,419)	(4,625)
Proceeds (repurchases) from stock compensation, net	(92)	1,750
Excess tax benefit from exercise of stock options	471	1,662
Net cash provided by financing activities	7,113	40,509
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(190)	26
CHANGE IN CASH AND CASH EQUIVALENTS	1,976	173
CASH AND CASH EQUIVALENTS—Beginning of period	4,212	1,683
CASH AND CASH EQUIVALENTS—End of period	6,188	1,856
Cash paid during the period for:
Income taxes	4,565	2,506
Interest	641	342
Sport Truck USA, Inc.
Non-cash investing and financing activities:
Contingent consideration - acquisition of Sport Truck USA, Inc.	$ 0	$ 19,035

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Cash Flows [Abstract]
Issuance of debt, origination fees	$ 0	$ 273

Description of Business, Basis

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Description of Business, Basis of Presentation and Summary of Significant Accounting Policies	Description of the Business, Basis of Presentation and Summary of Significant Accounting Policies Fox Factory Holding Corp. (the "Company") designs and manufactures performance ride dynamics products primarily for bicycles, side-by-side vehicles, on-road and off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, and motorcycles. The Company acts both as a tier one supplier to leading action sports original equipment manufacturers and provides aftermarket products to retailers and distributors. Throughout this Form 10-Q, unless stated otherwise or as the context otherwise requires, the "Company," "FOX," "Fox Factory," "we," "us," "our," and "ours" refer to Fox Factory Holding Corp. and its wholly owned operating subsidiaries on a consolidated basis. Basis of Presentation - The accompanying condensed consolidated financial statements are unaudited. These unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Accordingly, these interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K as filed with the SEC. In management’s opinion, the unaudited interim consolidated financial statements reflect all adjustments, which are of a normal and recurring nature, that are necessary for a fair presentation of financial results for the interim periods presented. Operating results for the three and six months ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015 . Initial Public Offering- On August 13, 2013, the Company completed the initial public offering (“IPO”) of its common stock pursuant to a registration statement on Form S-1. In the IPO, the Company sold 2,857 shares of common stock and the selling stockholders sold a total of 7,000 shares of common stock (including the shares sold pursuant to the exercise of the option granted to the underwriters) at an initial public offering price to the public of $15.00 per share. The Company received net proceeds from the IPO of approximately $36,122 from its sale of 2,857 shares of common stock after deducting underwriting discounts, commissions and offering expenses. The Company did not receive any proceeds from the sale of shares by the selling stockholders. The Company used the net proceeds it received to pay down related party debt. In July 2014, certain selling stockholders completed a secondary offering of the Company's common stock. Principles of Consolidation - These condensed consolidated financial statements include the Company and its wholly owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Summary of Significant Accounting Policies - Self-Insurance . Beginning in January 2015, the Company is partially self-insured for its U.S. employee health and welfare benefits. The Company’s liability for self-insurance is based on claims filed and an estimate of claims incurred but not yet reported. The Company considers a number of factors, including historical claims information, when determining the amount of the accrual. Costs related to the administration of the plan and related claims are expensed as incurred. The Company has third-party insurance coverage to limit exposure for individually significant claims. The estimate for claims incurred as of June 30, 2015 is $573 and is recorded within accrued expenses on the condensed consolidated balance sheets. There have been no other changes to our significant accounting policies described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014 that have had a material impact on our condensed consolidated financial statements and related notes. Use of Estimates- The preparation of the Company’s condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ from management’s estimates. Certain Significant Risks and Uncertainties- The Company is subject to those risks common in manufacturing-driven markets, including, but not limited to, competitive forces, dependence on key personnel, customer demand for its products, the successful protection of its proprietary technologies, compliance with government regulations, and the possibility of not being able to obtain additional financing when needed. Recent Accounting Pronouncements- In May 2014, the Financial Accounting Standards Board ("FASB") and International Accounting Standards Board issued their converged standard on revenue recognition, Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers". This standard outlines a single comprehensive model for companies to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that revenue is recognized when a customer obtains control of a good or service. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the good or service. Transfer of control is not the same as transfer of risks and rewards, as it is considered in current guidance. We will apply the new guidance to determine whether revenue should be recognized over time or at a point in time. This standard will be effective for the first interim period within annual reporting periods beginning after December 15, 2016, with no early adoption permitted, and the Company can choose to apply this standard retrospectively for each prior reporting period presented or retrospectively with the cumulative effect of initially applying the standard recognized at the date of the initial application in retained earnings. In July 2015, the FASB affirmed a proposal to defer the effective date of ASU 2014-09. ASU 2014-09 will be effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, but entities will be permitted to early adopt the standard as of the original effective date. The Company has not yet developed an expectation of the impact that adoption will have on its consolidated financial statements. Reclassifications- We have reclassified certain prior period amounts within our condensed consolidated balance sheet for the year ended December 31, 2014 , the condensed consolidated statements of income for the three and six months ended June 30, 2014 , and the condensed consolidated statement of cash flows for the six months ended June 30, 2014 to conform to our current year presentation.

Inventory

Inventory	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventory	Inventory Inventory consisted of the following: As of As of 2015 2014 Raw materials $ 56,104 $ 39,655 Work-in-process 2,612 1,568 Finished goods 20,092 17,968 Total inventory $ 78,808 $ 59,191

Property and Equipment, net

Property and Equipment, net	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property, Plant and Equipment, net Property, plant and equipment consisted of the following: As of As of 2015 2014 Machinery and manufacturing equipment $ 20,879 $ 17,739 Information systems, office equipment and furniture 6,184 5,297 Transportation equipment 2,072 2,041 Building and land 3,469 3,469 Leasehold improvements 6,490 5,971 Total 39,094 34,517 Less: accumulated depreciation and amortization (16,658 ) (14,758 ) Property, plant and equipment, net $ 22,436 $ 19,759

Intangibles, net

Intangibles, net	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangibles, net	Intangibles, net Intangible assets, excluding goodwill, are comprised of the following: Gross carrying amount Accumulated amortization Net carrying amount Weighted average life (years) June 30, 2015: Customer relationships $ 36,511 $ (10,646 ) $ 25,865 13 Core technology 33,700 (30,534 ) 3,166 8 Patents 835 (467 ) 368 5 Total 71,046 (41,647 ) 29,399 Trademarks and brands, not subject to amortization 32,026 Total $ 61,425 December 31, 2014: Customer relationships $ 36,555 $ (9,144 ) $ 27,411 13 Core technology 33,700 (28,438 ) 5,262 8 Patents 835 (394 ) 441 5 Total 71,090 (37,976 ) 33,114 Trademarks and brands, not subject to amortization 32,070 Total $ 65,184 For the three months For the six months 2015 2014 2015 2014 Amortization of intangibles $ 1,839 $ 1,674 $ 3,679 $ 3,035 Future amortization expense for finite-lived intangibles as of June 30, 2015 is as follows: For the years ending December 31, Amortization Expense 2015 (remaining six months) $ 3,680 2016 2,747 2017 2,685 2018 2,686 2019 2,613 Thereafter 14,988 Total expected future amortization $ 29,399 Goodwill activity consisted of the following: Balance as of December 31, 2014 $ 58,745 Acquisitions 567 Currency translation and other adjustments (131 ) Balance as of June 30, 2015 $ 59,181

Accrued Expenses

Accrued Expenses	6 Months Ended
	Jun. 30, 2015
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses consisted of the following: As of As of 2015 2014 Payroll and related expenses $ 10,096 $ 5,626 Warranty 4,324 4,215 Income tax payable 4,087 1,405 Other accrued expenses 1,548 882 Total $ 20,055 $ 12,128 Activity related to warranties is as follows: For the three months For the six months 2015 2014 2015 2014 Beginning warranty liability $ 4,170 $ 3,778 $ 4,215 $ 3,857 Charge to cost of sales 697 978 1,103 1,717 Fair value of warranty assumed in acquisition — — — 192 Costs incurred (543 ) (876 ) (994 ) (1,886 ) Ending warranty liability $ 4,324 $ 3,880 $ 4,324 $ 3,880

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt	Debt Amended and Restated 2013 Credit Facility In August 2013, the Company entered into a credit facility with Sun Trust Bank and other named lenders (the "2013 Credit Facility"). The 2013 Credit Facility provided a revolving line of credit. On March 31, 2014, the Company amended and restated the 2013 Credit Facility (the “Amended and Restated 2013 Credit Facility”). The Amended and Restated 2013 Credit Facility provided a maturing secured term loan in the principal amount of $50,000 , (the "Term Loan"), subject to quarterly amortization payments, and extended the term of the 2013 Credit Facility through March 31, 2019. The proceeds of the Term Loan were used, in part, to fund the acquisition of Sport Truck USA, Inc. ("Sport Truck") and to pay down the revolving line of credit provided under the 2013 Credit Facility. On December 12, 2014, the Company entered into the First Amendment to the Amended and Restated 2013 Credit Facility (the "First Amendment"). The First Amendment increased the Term Loan principal amount by $30,000 to a total of $56,750 , subject to quarterly amortization payments, and extended the maturity of the Amended and Restated 2013 Credit Facility through December 12, 2019. The additional proceeds of the Term Loan made available through the First Amendment were used to partially fund the acquisition of Race Face Performance Products, Inc. and Easton Cycling (together "Race Face/Easton"). On May 29, 2015 the Company entered into a Second Amendment to the Amended and Restated 2013 Credit Facility solely to revise the definition of "Continuing Director" contained therein. The Amended and Restated 2013 Credit Facility provides for interest at either a rate based on the London Interbank Offered Rate, or LIBOR, plus a margin ranging from 1.50% to 2.50% , or based on the prime rate offered by SunTrust Bank plus a margin ranging from 0.50% to 1.50% . At June 30, 2015 , the one month LIBOR and prime rates were 0.19% and 3.25% , respectively. The Amended and Restated 2013 Credit Facility is secured by substantially all of the Company’s assets, restricts the Company's ability to make certain payments and engage in certain transactions, and also requires that the Company satisfy customary financial ratios. The Company was in compliance with the covenants as of June 30, 2015 . The following table summarizes the line of credit under the Amended and Restated 2013 Credit Facility: As of June 30, 2015 Amount outstanding $ 20,000 Available borrowing capacity $ 40,000 Maximum borrowing capacity $ 60,000 Interest rate at June 30, 2015 2.35 % Maturity date December 12, 2019 As of June 30, 2015 , future principal payments for long-term debt, including the current portion, are summarized as follows: Fiscal Year 2015 (remaining six months) $ 1,419 2016 2,837 2017 4,256 2018 4,256 2019 35,813 Total 48,581 Less: current portion (2,837 ) Long-term debt less current portion $ 45,744

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Operating Leases —The Company has operating lease agreements for administrative, research and development, manufacturing and sales and marketing facilities and equipment that expire at various dates. The Company recognizes rent expense on a straight-line basis over the lease term and records the difference between cash rent payments and the recognition of rent expense as a deferred rent liability. Indemnification Agreements— In the ordinary course of business, the Company may provide indemnifications of varying scope and terms to customers, vendors, lessors, business partners, and other parties with respect to certain matters, including, but not limited to, losses arising out of breach of such agreements, services to be provided by the Company or intellectual property infringement claims made by third parties. In addition, the Company has entered into indemnification agreements with directors and certain officers and employees that will require the Company, among other things, to indemnify them against certain liabilities that may arise by reason of their status or service as directors, officers or employees. While the outcome of these matters cannot be predicted with certainty, the Company does not believe that the outcome of any claims under indemnification arrangements will have a material effect on the Company’s results of operations, financial position or liquidity. Other Commitments— In connection with the acquisition of businesses, the Company has agreed to pay up to $36,945 in additional consideration and acquisition related compensation through 2017, contingent upon the achievement of certain financial performance goals and in some cases continued employment through 2016. A portion of the obligation is denominated in Canadian dollars. See Note 9 - Fair Value Measurements and Note 13 - Acquisitions . No other material contractual obligation has changed since the Company's Annual Report on Form 10-K for the year ended December 31, 2014 , as filed with the SEC on March 2, 2015 .

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stockholders' Equity	Stockholders' Equity Share Repurchase Program On November 3, 2014, the Company's Board of Directors authorized the repurchase of up to an aggregate of $40,000 in shares of our common stock under our stock repurchase program. Shares of common stock repurchased under this program are deemed issued but not outstanding. During the six months ended June 30, 2015 , the Company repurchased 268 shares for a total of $3,993 . At June 30, 2015 , $35,436 remains available for repurchase under this plan. The repurchase program will expire on December 31, 2015 unless extended by the Board of Directors. Equity Incentive Plans During the six months ended June 30, 2015 and 2014 , 53 and 421 shares of common stock, respectively, were issued due to the exercise of stock options, resulting in proceeds to the Company of approximately $170 and $1,750 , respectively. There were no stock options granted or forfeited during the six months ended June 30, 2015 . There were no options granted and there were 19 options forfeited during the six months ended June 30, 2014 . The following table summarizes the allocation of stock-based compensation in the accompanying consolidated statements of income: For the three months For the six months 2015 2014 2015 2014 Cost of sales 20 12 31 20 Sales and marketing 126 81 208 116 Research and development 49 30 72 42 General and administrative 1,165 978 2,101 1,744 Total $ 1,360 $ 1,101 $ 2,412 $ 1,922 The following table summarizes the activity for the Company's unvested restricted stock units ("RSU") for the six months ended June 30, 2015 . Unvested RSUs Number of shares outstanding Weighted-average grant date fair value Unvested at December 31, 2014 780 17.30 Granted 227 16.68 Forfeited (1 ) 17.12 Vested (105 ) 17.16 Unvested at June 30, 2015 901 $ 17.16 As of June 30, 2015 , the Company had approximately $13,073 of unrecognized stock-based compensation expense related to RSUs, which will be recognized over the remaining weighted-average vesting period of approximately 2.82 years. Additionally, as of June 30, 2015 , the Company had approximately $513 of unrecognized stock-based compensation expense related to stock options, which will be recognized over the remaining weighted-average vesting period of approximately 1.93 years.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The FASB's Accounting Standards Codification 820, "Fair Value Measurements and Disclosures" requires the valuation of assets and liabilities required or permitted to be either recorded or disclosed at fair value based on hierarchy of available inputs as follows: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices for similar assets and liabilities in active markets, quoted prices for identical assets and liabilities in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; and Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported by little or no market activity). As of June 30, 2015 , the carrying amount of the principal under the Company’s Amended and Restated 2013 Credit Facility approximates fair value because it has a variable interest rate that reflects market changes in interest rates and changes in the Company’s net leverage ratio. As of June 30, 2015 , the Company used Level 2 inputs to determine the fair value of its Amended and Restated 2013 Credit Facility. The Company measured its contingent consideration liability arising from the acquisition of Sport Truck using Level 3 unobservable inputs (see Note 13 - Acquisitions ). The fair value of the contingent consideration liability associated with the achievement of adjusted EBITDA targets is estimated at each balance sheet date by applying a Black-Scholes model to the Company's most recent financial projection. The unobservable inputs to the valuation model that have the most significant effect on the estimated fair value of the Company's contingent consideration liability are the projected financial results, the probabilities that actual results will exceed the projection and the volatility surrounding the expected results. The Company estimated the probabilities of actual results exceeding the projection during various years of the earn-out at values ranging from 70% to 75% as of June 30, 2015 , compared to an overall estimate of 75% for all annual periods at the acquisition date. Additionally, volatility was measured at 35% as of June 30, 2015 , compared to 41% at the acquisition date. The change in fair value is recorded as a component of fair value adjustment of contingent consideration and acquisition related compensation in the accompanying condensed consolidated statements of income for the three and six months ended June 30, 2015 . The following table provides a reconciliation of the beginning and ending balances for the Company's contingent consideration liability measured at fair value using Level 3 inputs: Contingent consideration liability (level 3 measurement) Balance at December 31, 2014 $ 21,252 Change in fair value 52 Payment of contingent liability (7,854 ) Balance at June 30, 2015 $ 13,450

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three months For the six months 2015 2014 2015 2014 Provision for income taxes $ 3,358 $ (41 ) $ 3,812 $ 1,687 Effective tax rates 33.2 % (0.4 )% 33.6 % 10.4 % For the three and six months ended June 30, 2015 , the difference between the Company's effective tax rate and the 35% federal statutory rate resulted primarily from the benefit from domestic production activity deduction and tax credits, partially offset by state taxes. For the three and six months ended June 30, 2014 , the difference between the Company's effective tax rate and the 35% federal statutory rate resulted primarily from a second quarter discrete tax benefit of $3,848 , or $0.10 per basic and fully diluted share for the three months ended June 30, 2014 and $0.11 and $0.10 per basic and fully diluted share, respectively, for the six months ended June 30, 2014, related to the reapportionment of income amongst the jurisdictions where the Company does business. The Company periodically evaluates opportunities to enhance tax efficiencies and to minimize tax liabilities through operating, legal and administrative strategies. The reapportionment benefit relates to tax years 2009 through 2013 and resulted from the Company's examination of evolving laws, existing court cases, and its business practices. The tax benefit includes the impact of a reduction in the rate used to measure the Company's net deferred tax liability and unrecognized tax benefit. The benefit was accounted for as a change in estimate. The effective tax rate for the three and six months ended June 30, 2014 was also benefited by the domestic production activity deduction, partially offset by 2014 state taxes. As of June 30, 2015 , the Company had $9,287 of unrecognized tax benefits, of which approximately $8,397 , if recognized, would favorably impact the effective tax rate. The Company regularly engages in discussions and negotiations with tax authorities regarding tax matters in various jurisdictions. The Company believes it is reasonably possible that certain federal, foreign, and state tax matters may be concluded in the next 12 months. Specific positions that may be resolved include issues involving the deductibility of amortization and depreciation deductions which were incurred as a result of the acquisition of the Company in 2008. The Company estimates that it is reasonably possible that the unrecognized tax benefits at June 30, 2015 could be reduced by approximately $1,323 in the next twelve months. The Company's federal tax returns for 2011 forward are subject to examination by tax authorities. The Company’s 2011 and 2012 state tax returns are currently under examination by the California Franchise Tax Board, and 2009 and 2013 forward California tax returns are subject to future examination.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Basic earnings per share ("EPS") amounts are computed by dividing net income for the period by the weighted average number of common shares outstanding during the period. Diluted EPS amounts are computed by dividing net income for the period by the weighted average number of shares of common stock and potentially dilutive common stock outstanding during the period. Potentially dilutive common shares include shares issuable upon the exercise of outstanding stock options and vesting of restricted stock units, which are reflected in diluted earnings per share by application of the treasury stock method. The following table presents the calculation of basic and diluted earnings per share: For the three months For the six months 2015 2014 2015 2014 Net income $ 6,763 $ 11,581 $ 7,533 $ 14,522 Weighted average shares used to compute basic earnings per share 36,921 36,648 36,986 36,534 Dilutive effect of employee stock plans 906 1,164 897 1,200 Weighted average shares used to compute diluted earnings per share 37,827 37,812 37,883 37,734 Earnings per share: Basic $ 0.18 $ 0.32 $ 0.20 $ 0.40 Diluted $ 0.18 $ 0.31 $ 0.20 $ 0.38 The Company did not exclude any potentially dilutive shares from the calculation of diluted earnings per share for the three and six months ended June 30, 2015 and 2014 , as none of these shares would have been antidilutive.

Segments

Segments	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segments	Segments The Company has determined that it has a single operating and reportable segment. The Company considers operating segments to be components of the Company in which separate financial information is available that is evaluated regularly by the Company’s chief operating decision maker in deciding how to allocate resources and in assessing performance. The chief operating decision maker for the Company is the Chief Executive Officer. The Chief Executive Officer reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance. The following table summarizes total sales generated by geographic location of the customer: For the three months For the six months 2015 2014 2015 2014 United States $ 40,562 $ 39,143 $ 73,355 $ 63,176 Asia 36,390 28,099 48,735 39,430 Europe 14,461 15,036 29,526 31,230 Rest of the world 5,758 4,096 13,343 8,646 Total sales $ 97,171 $ 86,374 $ 164,959 $ 142,482 The Company’s long-lived assets by geographic location are as follows: As of As of 2015 2014 United States $ 19,745 $ 16,579 International 2,691 3,180 Total long-lived assets $ 22,436 $ 19,759 The following table summarizes total sales by product category: For the three months For the six months 2015 2014 2015 2014 Bikes $ 61,557 $ 49,653 $ 97,179 $ 83,339 Power vehicles 35,614 36,721 67,780 59,143 Total sales $ 97,171 $ 86,374 $ 164,959 $ 142,482

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions	Acquisitions Sport Truck, USA, Inc. On March 31, 2014, the Company acquired certain assets and assumed certain liabilities of Sport Truck. The transaction was accounted for as a business combination. The Company paid cash of $40,770 , plus the effective settlement of trade receivables in the amount of $473 . In addition, certain members of Sport Truck’s executive management team agreed to refund up to $1,432 of the proceeds from the sale, on a graduated basis, if they terminate employment prior to March 31, 2017. As a result, such payments have been excluded from the acquisition consideration, and will be recognized as compensation expense over the expected three year service period. In the three and six months ended June 30, 2015 , the Company recognized $122 and $240 of acquisition related compensation expense, respectively, related to the arrangement, which is recorded as a component of fair value adjustment of contingent consideration and acquisition related compensation in the accompanying condensed consolidated statements of income. As of June 30, 2015 , prepaid compensation of $476 and $351 is included in prepaids and other current assets and other assets, respectively, in the accompanying condensed consolidated balance sheet. The Company agreed to total contingent consideration of up to $29,295 upon achievement of adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA") targets of the acquired business through 2016, subject to adjustments defined in the asset purchase agreement. Performance compared to the targets is measured annually over a three year period, and payment of the contingent consideration will be made upon final determination of the adjusted EBITDA for each year. The estimated acquisition date fair value of the contingent consideration was $19,035 , based on a Black-Scholes model, and is included in the computation of total consideration. As of June 30, 2015, $7,854 of contingent consideration has been paid under this arrangement. See Note 9 - Fair Value Measurements . The Company’s allocation of the purchase price to the net tangible and intangible assets acquired and liabilities assumed is as follows: Fair market values Tangible assets acquired and liabilities assumed $ 13,046 Intangible assets 35,270 Goodwill 11,962 Total $ 60,278 The values assigned to the identifiable intangible assets were determined by discounting the estimated future cash flows associated with these assets to their present value. The goodwill of $11,962 reflects the strategic fit of Sport Truck with the Company’s operations. Sport Truck is well-aligned with the Company’s mission of improving vehicle performance, delivering best in-class service, and entering into strategic and adjacent markets. The Company will amortize the acquired customer relationships asset over its expected useful life of 15 years. Trademarks, brand names and goodwill are expected to have an indefinite life, and will be subject to impairment testing. The goodwill is expected to be deductible for income tax purposes. The Company incurred $ 222 and $1,247 of transaction costs in conjunction with the Sport Truck acquisition for the three and six months ended June 30, 2014 , and $0 and $34 for the three and six months ended 2015 , respectively which is included in general and administrative expense in the accompanying condensed consolidated statements of income. Race Face Performance and Easton Cycling Businesses On December 12, 2014, the Company acquired certain assets and assumed certain liabilities of Race Face/Easton, which was engaged in the design, manufacture, and global distribution of performance mountain and road bike wheels and other performance cycling components including cranks, bars, stems, and seat posts. In connection with the acquisition, the Company paid approximately $30,168 . The acquisition was financed with debt and includes a potential earn-out opportunity of up to a maximum of CAD $19,500 , or approximately $15,795 US dollars at the exchange rate in effect at June 30, 2015 , contingent upon continued employment and the achievement of certain performance-based financial targets through October 2016. In the three and six months ended June 30, 2015 , the Company recognized $2,221 and $4,111 , respectively, of acquisition related compensation related to the earn-out opportunity, which is recorded as a component of fair value adjustment of contingent consideration and acquisition related compensation in the accompanying condensed consolidated statements of income. The Company incurred $135 and $540 of acquisition related costs in conjunction with the Race Face/Easton acquisition for the three and six months ended June 30, 2015 , respectively, which is included in general and administrative expense in the accompanying condensed consolidated statements of income. The allocation of the purchase price to the assets acquired and liabilities assumed is preliminary, subject to the completion of the Company's validation of working capital and completion of its intangible valuation procedures, with the assistance of specialists. Goodwill acquired is expected to be deductible for income tax purposes.

Related Party Agreement

Related Party Agreement	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Agreement	Related Party Agreement In September 2014, the Company entered into an agreement with Compass Group Diversified Holdings, LLC ("Compass") to assist with compliance requirements pursuant to the Sarbanes-Oxley Act of 2002, as amended. Compass purchased a controlling interest in the Company in January, 2008, and beneficially owned approximately 40.9% of our outstanding common stock at June 30, 2015 . Fees for services provided under this arrangement are estimated to be approximately $100 annually. The agreement will terminate on March 31, 2016 unless terminated earlier by either party. Fox Factory, Inc. has a triple-net building lease for its manufacturing and office facilities in Watsonville, California. The building is owned by Robert Fox, a founder and minority stockholder of the Company. The term of the lease ends June 30, 2018 , with monthly rental payments, which are adjusted annually for a cost-of-living increase based upon the consumer price index. Payments made under this lease were $301 and $602 for the three and six months ended June 30, 2015 , respectively, and $293 and $586 for the three and six months ended June 30, 2014 , respectively.

Description of Business, Basi22

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation - The accompanying condensed consolidated financial statements are unaudited. These unaudited interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Accordingly, these interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements for the year ended December 31, 2014 included in the Company’s Annual Report on Form 10-K as filed with the SEC. In management’s opinion, the unaudited interim consolidated financial statements reflect all adjustments, which are of a normal and recurring nature, that are necessary for a fair presentation of financial results for the interim periods presented. Operating results for the three and six months ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending December 31, 2015 .
Principles of Consolidation	Principles of Consolidation - These condensed consolidated financial statements include the Company and its wholly owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Summary of Significant Accounting Policies - Self Insurance	Summary of Significant Accounting Policies - Self-Insurance . Beginning in January 2015, the Company is partially self-insured for its U.S. employee health and welfare benefits. The Company’s liability for self-insurance is based on claims filed and an estimate of claims incurred but not yet reported. The Company considers a number of factors, including historical claims information, when determining the amount of the accrual. Costs related to the administration of the plan and related claims are expensed as incurred. The Company has third-party insurance coverage to limit exposure for individually significant claims. The estimate for claims incurred as of June 30, 2015 is $573 and is recorded within accrued expenses on the condensed consolidated balance sheets. There have been no other changes to our significant accounting policies described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014 that have had a material impact on our condensed consolidated financial statements and related notes.
Use of Estimates	Use of Estimates- The preparation of the Company’s condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. These estimates are based on information available as of the date of the financial statements; therefore, actual results could differ from management’s estimates.
Certain Significant Risks and Uncertainties	Certain Significant Risks and Uncertainties- The Company is subject to those risks common in manufacturing-driven markets, including, but not limited to, competitive forces, dependence on key personnel, customer demand for its products, the successful protection of its proprietary technologies, compliance with government regulations, and the possibility of not being able to obtain additional financing when needed.
Recent Accounting Pronouncements	Recent Accounting Pronouncements- In May 2014, the Financial Accounting Standards Board ("FASB") and International Accounting Standards Board issued their converged standard on revenue recognition, Accounting Standards Update No. 2014-09, “Revenue from Contracts with Customers". This standard outlines a single comprehensive model for companies to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. The core principle of the revenue model is that revenue is recognized when a customer obtains control of a good or service. A customer obtains control when it has the ability to direct the use of and obtain the benefits from the good or service. Transfer of control is not the same as transfer of risks and rewards, as it is considered in current guidance. We will apply the new guidance to determine whether revenue should be recognized over time or at a point in time. This standard will be effective for the first interim period within annual reporting periods beginning after December 15, 2016, with no early adoption permitted, and the Company can choose to apply this standard retrospectively for each prior reporting period presented or retrospectively with the cumulative effect of initially applying the standard recognized at the date of the initial application in retained earnings. In July 2015, the FASB affirmed a proposal to defer the effective date of ASU 2014-09. ASU 2014-09 will be effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, but entities will be permitted to early adopt the standard as of the original effective date. The Company has not yet developed an expectation of the impact that adoption will have on its consolidated financial statements.
Reclassifications	Reclassifications- We have reclassified certain prior period amounts within our condensed consolidated balance sheet for the year ended December 31, 2014 , the condensed consolidated statements of income for the three and six months ended June 30, 2014 , and the condensed consolidated statement of cash flows for the six months ended June 30, 2014 to conform to our current year presentation.

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventory	Inventory consisted of the following: As of As of 2015 2014 Raw materials $ 56,104 $ 39,655 Work-in-process 2,612 1,568 Finished goods 20,092 17,968 Total inventory $ 78,808 $ 59,191

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment	Property, plant and equipment consisted of the following: As of As of 2015 2014 Machinery and manufacturing equipment $ 20,879 $ 17,739 Information systems, office equipment and furniture 6,184 5,297 Transportation equipment 2,072 2,041 Building and land 3,469 3,469 Leasehold improvements 6,490 5,971 Total 39,094 34,517 Less: accumulated depreciation and amortization (16,658 ) (14,758 ) Property, plant and equipment, net $ 22,436 $ 19,759

Intangibles, net (Tables)

Intangibles, net (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets Excluding Goodwill	Intangible assets, excluding goodwill, are comprised of the following: Gross carrying amount Accumulated amortization Net carrying amount Weighted average life (years) June 30, 2015: Customer relationships $ 36,511 $ (10,646 ) $ 25,865 13 Core technology 33,700 (30,534 ) 3,166 8 Patents 835 (467 ) 368 5 Total 71,046 (41,647 ) 29,399 Trademarks and brands, not subject to amortization 32,026 Total $ 61,425 December 31, 2014: Customer relationships $ 36,555 $ (9,144 ) $ 27,411 13 Core technology 33,700 (28,438 ) 5,262 8 Patents 835 (394 ) 441 5 Total 71,090 (37,976 ) 33,114 Trademarks and brands, not subject to amortization 32,070 Total $ 65,184
Schedule of Finite-Lived Intangible Assets, Amortization Expense	For the three months For the six months 2015 2014 2015 2014 Amortization of intangibles $ 1,839 $ 1,674 $ 3,679 $ 3,035
Schedule of Goodwill	Goodwill activity consisted of the following: Balance as of December 31, 2014 $ 58,745 Acquisitions 567 Currency translation and other adjustments (131 ) Balance as of June 30, 2015 $ 59,181
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Future amortization expense for finite-lived intangibles as of June 30, 2015 is as follows: For the years ending December 31, Amortization Expense 2015 (remaining six months) $ 3,680 2016 2,747 2017 2,685 2018 2,686 2019 2,613 Thereafter 14,988 Total expected future amortization $ 29,399

Accrued Expenses (Tables)

Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2015
Payables and Accruals [Abstract]
Accrued Expenses	Accrued expenses consisted of the following: As of As of 2015 2014 Payroll and related expenses $ 10,096 $ 5,626 Warranty 4,324 4,215 Income tax payable 4,087 1,405 Other accrued expenses 1,548 882 Total $ 20,055 $ 12,128
Activity Related to Warranties	Activity related to warranties is as follows: For the three months For the six months 2015 2014 2015 2014 Beginning warranty liability $ 4,170 $ 3,778 $ 4,215 $ 3,857 Charge to cost of sales 697 978 1,103 1,717 Fair value of warranty assumed in acquisition — — — 192 Costs incurred (543 ) (876 ) (994 ) (1,886 ) Ending warranty liability $ 4,324 $ 3,880 $ 4,324 $ 3,880

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Summary of Amended & Restated 2013 Credit Facility	The following table summarizes the line of credit under the Amended and Restated 2013 Credit Facility: As of June 30, 2015 Amount outstanding $ 20,000 Available borrowing capacity $ 40,000 Maximum borrowing capacity $ 60,000 Interest rate at June 30, 2015 2.35 % Maturity date December 12, 2019
Schedule of Future Principal Payments	As of June 30, 2015 , future principal payments for long-term debt, including the current portion, are summarized as follows: Fiscal Year 2015 (remaining six months) $ 1,419 2016 2,837 2017 4,256 2018 4,256 2019 35,813 Total 48,581 Less: current portion (2,837 ) Long-term debt less current portion $ 45,744

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs	The following table summarizes the allocation of stock-based compensation in the accompanying consolidated statements of income: For the three months For the six months 2015 2014 2015 2014 Cost of sales 20 12 31 20 Sales and marketing 126 81 208 116 Research and development 49 30 72 42 General and administrative 1,165 978 2,101 1,744 Total $ 1,360 $ 1,101 $ 2,412 $ 1,922

Income Taxes (Tables)

Income Taxes (Tables)	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	For the three months For the six months 2015 2014 2015 2014 Provision for income taxes $ 3,358 $ (41 ) $ 3,812 $ 1,687 Effective tax rates 33.2 % (0.4 )% 33.6 % 10.4 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Calculation of Basic and Diluted Earnings Per Share	The following table presents the calculation of basic and diluted earnings per share: For the three months For the six months 2015 2014 2015 2014 Net income $ 6,763 $ 11,581 $ 7,533 $ 14,522 Weighted average shares used to compute basic earnings per share 36,921 36,648 36,986 36,534 Dilutive effect of employee stock plans 906 1,164 897 1,200 Weighted average shares used to compute diluted earnings per share 37,827 37,812 37,883 37,734 Earnings per share: Basic $ 0.18 $ 0.32 $ 0.20 $ 0.40 Diluted $ 0.18 $ 0.31 $ 0.20 $ 0.38

Segments (Tables)

Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Summary of Total Sales by Geographic Location of Customer	The following table summarizes total sales generated by geographic location of the customer: For the three months For the six months 2015 2014 2015 2014 United States $ 40,562 $ 39,143 $ 73,355 $ 63,176 Asia 36,390 28,099 48,735 39,430 Europe 14,461 15,036 29,526 31,230 Rest of the world 5,758 4,096 13,343 8,646 Total sales $ 97,171 $ 86,374 $ 164,959 $ 142,482
Long-lived Assets by Geographic Location	The Company’s long-lived assets by geographic location are as follows: As of As of 2015 2014 United States $ 19,745 $ 16,579 International 2,691 3,180 Total long-lived assets $ 22,436 $ 19,759
Revenue from External Customers by Products and Services	The following table summarizes total sales by product category: For the three months For the six months 2015 2014 2015 2014 Bikes $ 61,557 $ 49,653 $ 97,179 $ 83,339 Power vehicles 35,614 36,721 67,780 59,143 Total sales $ 97,171 $ 86,374 $ 164,959 $ 142,482

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The Company’s allocation of the purchase price to the net tangible and intangible assets acquired and liabilities assumed is as follows: Fair market values Tangible assets acquired and liabilities assumed $ 13,046 Intangible assets 35,270 Goodwill 11,962 Total $ 60,278

Description of Business, Basi33

Description of Business, Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Aug. 13, 2013	Jun. 30, 2015
Description of Business and Basis of Presentation [Line Items]
Self insurance reserve		$ 573
Initial public offering (IPO)
Description of Business and Basis of Presentation [Line Items]
Initial public offering (IPO), number of common shares issued	2,857
Initial public offering (IPO), price per share	$ 15
Proceeds from initial public offering (IPO)	$ 36,122
Initial public offering (IPO) | Shares Offered By Selling Stockholders
Description of Business and Basis of Presentation [Line Items]
Initial public offering (IPO), number of common shares issued	7,000

Inventory (Detail)

Inventory (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw materials	$ 56,104	$ 39,655
Work-in-process	2,612	1,568
Finished goods	20,092	17,968
Total inventory	$ 78,808	$ 59,191

Property and Equipment (Detail)

Property and Equipment (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	$ 39,094	$ 34,517
Accumulated depreciation and amortization	(16,658)	(14,758)
Net property and equipment	22,436	19,759
Machinery and manufacturing equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	20,879	17,739
Information systems, office equipment and furniture
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	6,184	5,297
Transportation equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	2,072	2,041
Building and land
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	3,469	3,469
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment gross	$ 6,490	$ 5,971

Intangible Assets Excluding Goo

Intangible Assets Excluding Goodwill (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Intangible Asset Excluding Goodwill [Line Items]
Gross carrying amount	$ 71,046	$ 71,090
Accumulated amortization	(41,647)	(37,976)
Net carrying amount	29,399	33,114
Intangible assets, excluding goodwill	61,425	65,184
Trademarks and brands, not subject to amortization
Intangible Asset Excluding Goodwill [Line Items]
Intangible assets, not subject to amortization	32,026	32,070
Customer relationships
Intangible Asset Excluding Goodwill [Line Items]
Gross carrying amount	36,511	36,555
Accumulated amortization	(10,646)	(9,144)
Net carrying amount	$ 25,865	$ 27,411
Weighted average life (years)	13 years	13 years
Core technology
Intangible Asset Excluding Goodwill [Line Items]
Gross carrying amount	$ 33,700	$ 33,700
Accumulated amortization	(30,534)	(28,438)
Net carrying amount	$ 3,166	$ 5,262
Weighted average life (years)	8 years	8 years
Total
Intangible Asset Excluding Goodwill [Line Items]
Gross carrying amount	$ 835	$ 835
Accumulated amortization	(467)	(394)
Net carrying amount	$ 368	$ 441
Weighted average life (years)	5 years	5 years

Intangibles, Net - Additional I

Intangibles, Net - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Finite-Lived Intangible Assets, Net [Abstract]
Amortization of intangibles	$ 1,839	$ 1,674	$ 3,679	$ 3,035

Intangibles, net Intangibles, n

Intangibles, net Intangibles, net - Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
2015 (remaining six months)	$ 3,680
2,016	2,747
2,017	2,685
2,018	2,686
2,019	2,613
Thereafter	14,988
Net carrying amount	$ 29,399	$ 33,114

Intangibles, net - Rollforward

Intangibles, net - Rollforward Activity (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Finite-lived Intangible Assets [Roll Forward]
Balance as of December 31, 2014	$ 58,745
Acquisitions	567
Currency translation and other adjustments	(131)
Balance as of June 30, 2015	$ 59,181

Accrued Expenses (Detail)

Accrued Expenses (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Payables and Accruals [Abstract]
Standard Product Warranty Accrual, Additions from Business Acquisition	$ 0	$ 0	$ 0	$ 192
Payroll and related expenses	10,096		10,096			$ 5,626
Warranty	4,324	$ 3,880	4,324	$ 3,880	$ 4,170	4,215	$ 3,778	$ 3,857
Income tax payable	4,087		4,087			1,405
Other accrued expenses	1,548		1,548			882
Total	$ 20,055		$ 20,055			$ 12,128

Activity Related to Warranties

Activity Related to Warranties (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning warranty liability	$ 4,170	$ 3,778	$ 4,215	$ 3,857
Charge to cost of sales	697	978	1,103	1,717
Costs incurred	(543)	(876)	(994)	(1,886)
Ending warranty liability	$ 4,324	$ 3,880	$ 4,324	$ 3,880

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 12, 2014	Jun. 30, 2014
Amended and Restated 2013 Credit Facility | Term Loan
Debt Instrument [Line Items]
Term loan amount			$ 50,000,000
Amended and Restated 2013 Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
LIBOR rate	0.19%
Amended and Restated 2013 Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
Amended and Restated 2013 Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	2.50%
Amended and Restated 2013 Credit Facility | Prime Rate
Debt Instrument [Line Items]
Prime interest rate	3.25%
Amended and Restated 2013 Credit Facility | Prime Rate | Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
Amended and Restated 2013 Credit Facility | Prime Rate | Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
Amended and Restated 2013 Credit Facility, First Amendment | Term Loan
Debt Instrument [Line Items]
Term loan amount		$ 56,750,000
Additional borrowing amount		$ 30,000,000

Summary of Amended & Restated 2

Summary of Amended & Restated 2013 Credit Facility (Detail) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
Amount outstanding	$ 20,000,000	$ 0
Available borrowing capacity	40,000,000
Maximum borrowing capacity	$ 60,000,000
Interest rate at June 30, 2015	2.35%

Future Payments for Long-term D

Future Payments for Long-term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
2015 (remaining six months)	$ 1,419
2,016	2,837
2,017	4,256
2,018	4,256
2,019	35,813
Total	48,581
Less: current portion	(2,837)	$ (2,837)
Long-term debt less current portion	$ 45,744	$ 47,163

Commitment and Contingencies -

Commitment and Contingencies - Additional Information (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Contingent consideration	$ 36,945

Stockholders' Equity - Share Re

Stockholders' Equity - Share Repurchase Program (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jun. 30, 2015	Nov. 03, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share repurchase program, authorized amount		$ 40,000
Shares repurchased during period (in shares)	268
Shares repurchased during period, amount	$ 3,993
Remaining authorized amount available for repurchase	$ 35,436

Stockholders' Equity - Equity I

Stockholders' Equity - Equity Incentive Plans (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock issued due to exercise of stock options			53,000	421,000
Proceeds from the exercise of stock options, net of shares repurchased for tax withholding			$ 170	$ 1,750
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated share-based compensation expense	$ 1,360	$ 1,101	2,412	1,922
Cost of sales
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated share-based compensation expense	20	12	31	20
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated share-based compensation expense	126	81	208	116
Research and development
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated share-based compensation expense	49	30	72	42
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated share-based compensation expense	1,165	$ 978	2,101	$ 1,744
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized stock-based compensation expense related to RSUs	13,073		$ 13,073
Period for recognition of unrecognized stock-based compensation expense			2 years 9 months 25 days
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted (in shares)			0	0
Options forfeited in period (in shares)			0	19,000
Period for recognition of unrecognized stock-based compensation expense			1 year 11 months 4 days
Unrecognized stock-based compensation expense related to stock options	$ 513		$ 513

Stockholders' Equity - Unvested

Stockholders' Equity - Unvested RSU Activity (Details) - 6 months ended Jun. 30, 2015 - Restricted Stock Units - $ / shares shares in Thousands	Total
Number of shares outstanding
Unvested at December 31, 2014 (in shares)	780
Granted (in shares)	227
Forfeited (in shares)	1
Vested (in shares)	105
Unvested at June 30, 2015 (in shares)	901
Weighted-average grant date fair value
Unvested at December 31, 2014 (in usd per share)	$ 17.30
Granted (in usd per share)	16.68
Forfeited (in usd per share)	17.12
Vested (in usd per share)	17.16
Unvested at June 30, 2015 (in usd per share)	$ 17.16

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) $ in Thousands	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Fair Value Disclosures [Abstract]
Earn out percentage, lower limit		70.00%
Earn out percentage, upper limit		75.00%
Earn out percentage			75.00%
Expected volatility rate (as a percent)	41.00%	35.00%
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at December 31, 2014		$ 21,252
Change in fair value		52
Payment of contingent liability		(7,854)
Balance at June 30, 2015		$ 13,450

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 3,358	$ (41)	$ 3,812	$ 1,687
Effective tax rates (as a percent)	33.20%	(0.40%)	33.60%	10.40%
Discrete tax benefit				$ 3,848
Discrete tax benefit per basic and diluted share (in dollars per share)		$ 0.10
Discrete tax benefit per basic share (in dollars per share)				$ 0.11
Discrete tax benefit per diluted share (in dollars per share)				$ 0.10
Federal statutory rate (as a percent)			35.00%	35.00%
Unrecognized tax benefits	$ 9,287		$ 9,287
Unrecognized tax benefits that would impact effective tax rate	8,397		8,397
Possible reduction in unrecognized tax benefit over fiscal year	$ 1,323		$ 1,323

Calculation of Basic and Dilute

Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net income	$ 6,763	$ 11,581	$ 7,533	$ 14,522
Weighted average shares used to compute basic earnings per share (in shares)	36,921	36,648	36,986	36,534
Dilutive effect of employee stock plans (in shares)	906	1,164	897	1,200
Weighted average shares used to compute diluted earnings per share (in shares)	37,827	37,812	37,883	37,734
Basic (in dollars per share)	$ 0.18	$ 0.32	$ 0.20	$ 0.40
Diluted (in dollars per share)	$ 0.18	$ 0.31	$ 0.20	$ 0.38

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Anti-dilutive shares excluded from calculation of diluted earnings per share	0	0

Summary of Total Sales by Geogr

Summary of Total Sales by Geographic Location of Customer (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)segment	Jun. 30, 2014USD ($)
Segment Reporting [Abstract]
Number of operating segments | segment			1
Number of reportable segments | segment			1
Segment Reporting Information [Line Items]
Sales	$ 97,171	$ 86,374	$ 164,959	$ 142,482
United States
Segment Reporting Information [Line Items]
Sales	40,562	39,143	73,355	63,176
Asia
Segment Reporting Information [Line Items]
Sales	36,390	28,099	48,735	39,430
Europe
Segment Reporting Information [Line Items]
Sales	14,461	15,036	29,526	31,230
Rest of the World [Member]
Segment Reporting Information [Line Items]
Sales	$ 5,758	$ 4,096	$ 13,343	$ 8,646

Long-lived Assets by Geographic

Long-lived Assets by Geographic Location (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Long-lived assets	$ 22,436	$ 19,759
United States
Segment Reporting Information [Line Items]
Long-lived assets	19,745	16,579
International
Segment Reporting Information [Line Items]
Long-lived assets	$ 2,691	$ 3,180

Segments Sales by Product Type

Segments Sales by Product Type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Sales	$ 97,171	$ 86,374	$ 164,959	$ 142,482
Bikes
Segment Reporting Information [Line Items]
Sales	61,557	49,653	97,179	83,339
Power vehicles
Segment Reporting Information [Line Items]
Sales	$ 35,614	$ 36,721	$ 67,780	$ 59,143

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) CAD in Thousands, $ in Thousands	Dec. 12, 2014USD ($)	Mar. 31, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)	Mar. 31, 2015USD ($)	Dec. 12, 2014CAD
Business Acquisition [Line Items]
Cash consideration					$ 765	$ 40,770
Contingent consideration, maximum			$ 36,945		36,945
Goodwill			59,181		59,181		$ 58,745
Payments for Contingent Consideration Liability					7,854
Sport Truck USA, Inc.
Business Acquisition [Line Items]
Cash consideration		$ 40,770
Settlement of pre-existing accounts		$ 473
Contingent consideration, asset				$ 1,432		1,432
Contingent consideration, asset, period for recognition		3 years
Contingent consideration, maximum								$ 29,295
Goodwill				11,962		11,962
Transaction costs			0	0	34	1,247
Acquisition related compensation expense			122		240
Contingent consideration at fair value			0	$ 19,035	0	$ 19,035
Race Face Performance and Easton Cycling
Business Acquisition [Line Items]
Transaction costs			135		540
Acquisition related compensation expense			2,221		4,111
Business Combination, Consideration Transferred	$ 30,168
Contingent consideration at fair value	$ 15,795								CAD 19,500
Prepaids and Other Current Assets | Sport Truck USA, Inc.
Business Acquisition [Line Items]
Contingent consideration, asset			$ 476		$ 476		$ 351
Customer relationships
Business Acquisition [Line Items]
Useful life of finite-lived intangibles					13 years		13 years
Customer relationships | Sport Truck USA, Inc.
Business Acquisition [Line Items]
Useful life of finite-lived intangibles					15 years

Acquisitions - Assets Acquired

Acquisitions - Assets Acquired and Liabilities Assumed (Details) - Sport Truck USA, Inc. $ in Thousands	Jun. 30, 2014USD ($)
Fair market values
Tangible assets acquired and liabilities assumed	$ 13,046
Intangible assets	35,270
Goodwill	11,962
Total	$ 60,278

Related Party Agreement (Detail

Related Party Agreement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Compass Group Diversified Holdings, LLC
Related Party Transaction [Line Items]
Ownership interest (as a percent)	40.90%		40.90%
Annual fees for services			$ 100
Founder and Minority Stockholder | Related Party Transactions
Related Party Transaction [Line Items]
Payments made under lease	$ 301	$ 293	$ 602	$ 586