Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net sales $ 574,697,000 $ 546,258,000 $ 611,738,000
Cost of sales 247,192,000 245,978,000 274,491,000
Gross profit 327,505,000 300,280,000 337,247,000
Operating expenses:      
Selling 161,852,000 149,307,000 166,070,000
Marketing 74,710,000 68,907,000 66,730,000
General and administrative 101,264,000 96,951,000 102,700,000
Goodwill impairment 0 68,524,000 173,786,000
Total operating expenses 337,826,000 383,689,000 509,286,000
Loss from operations (10,321,000) (83,409,000) (172,039,000)
Other expense, net:      
Interest expense (10,296,000) (11,165,000) (7,043,000)
Other expense (1,044,000) (2,391,000) (1,532,000)
Total other expense, net (11,340,000) (13,556,000) (8,575,000)
Loss before income taxes (21,661,000) (96,965,000) (180,614,000)
(Provision for) benefit from income tax (4,329,000) (1,921,000) 3,917,000
Net loss $ (25,990,000) $ (98,886,000) $ (176,697,000)
Net loss per share ,basic (in usd per share) [1] $ (2.46) $ (9.24) $ (16.47)
Net loss per share, diluted (in usd per share) [1] $ (2.46) $ (9.24) $ (16.47)
Weighted average shares outstanding , basic (in shares) [1] 10,567,656 10,707,024 10,726,392
Weighted average shares outstanding, diluted (in shares) [1] 10,567,656 10,707,024 10,726,392
[1] Adjusted for the one-for-12 Reverse Stock Split. Refer to Note 13, “Stockholders’ Equity.”