Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 158,471 $ 149,227 $ 306,790 $ 218,006
Cost of sales 71,024 67,793 135,147 95,984
Gross profit 87,447 81,434 171,643 122,022
Operating expenses:        
Selling 45,254 40,023 85,618 58,277
Marketing 19,064 14,908 34,769 21,132
General and administrative 25,703 19,220 50,481 32,650
Total operating expenses 90,021 74,151 170,868 112,059
Income (loss) from operations (2,574) 7,283 775 9,963
Other expense, net:        
Interest expense (1,393) (4,113) (2,652) (4,217)
Other expense (1,200) (42) (1,112) (61)
Total other expense, net (2,593) (4,155) (3,764) (4,278)
Income (loss) before income taxes (5,167) 3,128 (2,989) 5,685
Benefit from (provision for) income taxes 955 (939) 302 (1,706)
Net income (loss) (4,212) 2,189 (2,687) 3,979
Net loss (income) attributable to noncontrolling interests 0 242 0 (76)
Net income (loss) attributable to a.k.a. Brands Holding Corp. $ (4,212) $ 2,431 $ (2,687) $ 3,903
Net income (loss) per share:        
Basic (in dollars per share) $ (0.03) $ 0.03 $ (0.02) $ 0.05
Diluted (in dollars per share) $ (0.03) $ 0.03 $ (0.02) $ 0.05
Weighted average shares outstanding:        
Basic (in shares) 128,657,271 85,702,097 128,652,580 77,860,431
Diluted (in shares) 128,657,271 85,702,097 128,652,580 77,860,431