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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment
Information about the Company’s operations by operating segment as of June 30, 2022 and 2021 and for the three and six months ended June 30, 2022 and 2021 is as follows:
Three Months Ended June 30, Six Months Ended June 30,
2022 2021 20222021
Net sales$115,305 $101,810 $211,753 $177,260 
Americas100,493 86,149 185,104 150,000 
International14,812 15,661 26,649 27,260 
Gross profit$29,289 $28,976 $48,352 $53,060 
Americas26,710 25,706 43,006 46,824 
International2,579 3,270 5,346 6,236 
As of June 30,
As of December 31,
20222021
Total segment assets$217,808 $197,484 
Americas171,951 141,973 
International45,857 55,511 
Reconciliation of Gross Profit to Income (Loss) Before Income Taxes
Three Months Ended June 30,Six Months Ended June 30,
Reconciliation2022202120222021
Total gross profit$29,289 $28,976 $48,352 $53,060 
Less:
Selling, general, and administrative expenses24,257 21,444 49,058 41,222 
Income (loss) from operations$5,032 $7,532 $(706)$11,838 
Less:
Unrealized gain/(loss) on derivative instruments(3,242)4,569 5,464 3,214 
Foreign currency gain/(loss)(43)(930)(144)(1,530)
Interest income38 10 73 
Interest expense(56)(113)(83)(192)
Income before income taxes$1,694 $11,096 $4,541 $13,403 
Revenue from External Customers by Geographic Areas
The following table provides information related to the Company’s net sales by country, which is presented on the basis of the location that revenue from customers is recorded:
Six Months Ended June 30,2022 2021
United States$174,818 $150,000 
All other countries(1)36,935 27,260 
Net sales$211,753 $177,260 
___________
(1)
No individual country is greater than 10% of total net sales for the six months ended June 30, 2022 and 2021.
Long-lived Assets by Geographic Areas
The following table provides information related to the Company’s property and equipment, net by country:
June 30,
2022
December 31,
2021
United States$723 $890 
Ecuador832 870 
Singapore1,292 536 
All other countries(1)134 177 
Property and equipment, net$2,981 $2,473 
___________
(1)
No individual country is greater than 10% of total property and equipment, net as of June 30, 2022 and December 31, 2021.