ACQUISITIONS (Tables)

12 Months Ended

Dec. 31, 2023

Business Acquisition [Line Items]

Schedule of pro forma financial information

(in thousands)	2021
Net sales	$	662,282
Net loss	$	(50,382)

Trojan Leisure Products, LLC d/b/a Radiant Pools

Business Acquisition [Line Items]

Summary of purchase price allocation

The following summarizes the purchase price allocation for the Company’s acquisition of Radiant:

(in thousands)	November 24, 2021
Total consideration	$	91,109
Allocation of purchase price:
Cash		217
Trade receivables		2,805
Inventories		5,528
Prepaid expenses and other current assets		396
Property and equipment		1,263
Intangible assets		72,500
Total assets acquired		82,709
Accounts payable		1,744
Accrued expenses and other current liabilities		1,038
Deferred income tax liabilities		2,920
Total liabilities assumed		5,702
Total fair value of net assets acquired, excluding goodwill		77,007
Goodwill	$	14,102

Schedule of purchase price to specific intangible asset categories

The Company allocated a portion of the purchase price to specific intangible asset categories as follows:

	Fair Value		Amortization
Definite-lived intangible assets:	(in thousands)		Period
Dealer relationships	$	37,000	13 years
Trade names		13,000	25 years
Technology		13,000	15 years
Pool designs		7,900	15 years
Order backlog		1,600	10 months
	$	72,500

Schedule of net sales and net loss from acquiree included in the Company's results from the Acquisition Date

The following are the net sales and net income from Radiant included in the Company’s results from the Radiant Acquisition Date through December 31, 2021:

	Year Ended
(in thousands)	December 31, 2021
Net sales	$	2,211
Net income	$	3