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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - 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 $ 172,147 $ 174,465 $ 545,152 $ 479,012
Cost of products sold 119,550 123,127 378,454 338,669
Gross profit 52,597 51,338 166,698 140,343
Costs and expenses:        
General and administrative expenses 16,259 19,796 60,285 56,330
Selling and distribution expenses 12,454 10,748 36,978 31,383
Amortization of purchased intangible assets 5,667 7,385 17,001 33,154
Restructuring expenses and asset impairments 515 8 515 53
Total costs and expenses 34,895 37,937 114,779 120,920
Operating income 17,702 13,401 51,919 19,423
Other income (expense):        
Other income (expense), net 302 120 (337) (35)
Interest expense, net (2,392) (1,771) (7,205) (4,058)
Income before income taxes 15,612 11,750 44,377 15,330
Income tax provision 4,087 3,537 13,187 4,938
Net income 11,525 8,213 31,190 10,392
Less: Net income attributable to redeemable noncontrolling interest 2,642 1,496 7,695 1,411
Net income attributable to DMC Global Inc. stockholders $ 8,883 $ 6,717 $ 23,495 $ 8,981
Net income per share attributable to DMC Global Inc. stockholders:        
Basic (in dollars per share) $ 0.38 $ 0.46 $ 1.07 $ 0.20
Diluted (in dollars per share) $ 0.38 $ 0.46 $ 1.07 $ 0.20
Weighted average shares outstanding:        
Basic (in shares) 19,543,251 19,381,489 19,492,212 19,352,638
Diluted (in shares) 19,596,575 19,381,794 19,540,978 19,357,333
Reconciliation to net (loss) income attributable to DMC Global Inc. stockholders        
Net income attributable to DMC Global Inc. stockholders $ 8,883 $ 6,717 $ 23,495 $ 8,981
Adjustment of redeemable noncontrolling interest (1,263) 2,256 (2,289) (4,996)
Net income attributable to DMC Global Inc. stockholders after adjustment of redeemable noncontrolling interest $ 7,620 $ 8,973 $ 21,206 $ 3,985