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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Summary of Business Sales Segmentation Based on similar economic and operational characteristics, the Company’s business is aggregated into one reportable segment. Selective enterprise information is as follows:

 

 

 

For the three months ended
March 31,

 

 

 

 

 

 

 

 

 

2023

 

 

2022

 

 

Change

 

 

% Change

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. crop

 

$

61,876

 

 

$

88,193

 

 

$

(26,317

)

 

 

-30

%

U.S. non-crop

 

 

13,899

 

 

 

13,396

 

 

 

503

 

 

 

4

%

Total U.S.

 

 

75,775

 

 

 

101,589

 

 

 

(25,814

)

 

 

-25

%

International

 

 

49,110

 

 

 

48,004

 

 

 

1,106

 

 

 

2

%

Total net sales:

 

$

124,885

 

 

$

149,593

 

 

$

(24,708

)

 

 

-17

%

Cost of sales:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. crop

 

$

41,254

 

 

$

54,200

 

 

$

(12,946

)

 

 

-24

%

U.S. non-crop

 

 

8,453

 

 

 

7,629

 

 

 

824

 

 

 

11

%

Total U.S.

 

 

49,707

 

 

 

61,829

 

 

 

(12,122

)

 

 

-20

%

International

 

 

36,641

 

 

 

36,369

 

 

 

272

 

 

 

1

%

Total cost of sales:

 

$

86,348

 

 

$

98,198

 

 

$

(11,850

)

 

 

-12

%

Gross profit:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. crop

 

$

20,622

 

 

$

33,993

 

 

$

(13,371

)

 

 

-39

%

U.S. non-crop

 

 

5,446

 

 

 

5,767

 

 

 

(321

)

 

 

-6

%

Total U.S.

 

 

26,068

 

 

 

39,760

 

 

 

(13,692

)

 

 

-34

%

International

 

 

12,469

 

 

 

11,635

 

 

 

834

 

 

 

7

%

Total gross profit:

 

$

38,537

 

 

$

51,395

 

 

$

(12,858

)

 

 

-25

%

Gross margin:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. crop

 

 

33

%

 

 

39

%

 

 

 

 

 

 

U.S. non-crop

 

 

39

%

 

 

43

%

 

 

 

 

 

 

Total U.S.

 

 

34

%

 

 

39

%

 

 

 

 

 

 

International

 

 

25

%

 

 

24

%

 

 

 

 

 

 

Gross margin:

 

 

31

%

 

 

34

%