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Condensed Consolidated Statement of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 138,064 $ 124,043 $ 387,468 $ 335,796
Cost of goods sold 81,893 91,467 246,542 254,868
Gross profit 56,171 32,576 140,926 80,928
Operating expenses        
Selling, general and administrative 32,649 23,960 89,855 73,018
Income (loss) from operations 23,522 8,616 51,071 7,910
Other income (expense)        
Unrealized gain/(loss) on derivative instruments (3,959) 952 (1,758) 6,416
Foreign currency gain/(loss) (1,211) (364) (430) (508)
Interest income 824 20 1,105 30
Interest expense (1) (130) (31) (213)
Total other income (expense) (4,347) 478 (1,114) 5,725
Income before income taxes 19,175 9,094 49,957 13,635
Income tax expense (4,011) (1,836) (10,101) (3,011)
Net income attributable to The Vita Coco Company, Inc. $ 15,164 $ 7,258 $ 39,856 $ 10,624
Net income per common share        
Basic (in dollars per share) $ 0.27 $ 0.13 $ 0.71 $ 0.19
Diluted (in dollars per share) $ 0.26 $ 0.13 $ 0.68 $ 0.19
Weighted-average number of common shares outstanding        
Basic (in shares) 56,493,757 55,785,622 56,290,195 55,658,946
Diluted (in shares) 59,271,757 56,579,912 58,494,045 56,029,069