Company: CODI-PB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001345126-25-000015
Chunk: 258

Company: Compass Diversified Holdings
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 258
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 proceeds received related to previous Sale Events. These distributions were in the second quarter of 2023.Reconciliation of net income (loss) available to common shares of HoldingsThe following table reconciles net income from continuing operations attributable to Holdings to net income (loss) from continuing operations attributable to the common shares of Holdings:Year ended December 31,(in thousands)202420232022Net income (loss) from continuing operations attributable to Holdings$4,872 $(61,251)$2,421 Less: Distributions paid - Allocation Interests48,941 26,475 — Less: Distributions paid - Preferred Shares25,458 24,181 24,181 Less: Accrued distributions - Preferred Shares4,319 2,869 2,869 Net loss from continuing operations attributable to common shares of Holdings$(73,846)$(114,776)$(24,629)Earnings per shareBasic and diluted earnings per share for the fiscal year ended December 31, 2024, 2023 and 2022 is calculated as follows:Year ended December 31,(in thousands, except per share data)202420232022Net loss from continuing operations attributable to common shares of Holdings$(73,846)$(114,776)$(24,629)Less: Effect of contribution based profit—Holding Event20,821 15,424 13,032 Loss from continuing operations attributable to common shares$(94,667)$(130,200)$(37,661)

F-43

COMPASS DIVERSIFIED HOLDINGSNOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

Income from discontinued operations attributable to Holdings$7,936 $307,537 $33,966 Less: Effect of contribution based profit— — 3,105 Income from discontinued operations of Holdings attributable to common shares$7,936 $307,537 $30,861 Basic and diluted weighted average common shares of Holdings outstanding75,454 72,105 70,715 Basic and fully diluted income (loss) per common share attributable to HoldingsContinuing operations$(1.25)$(1.81)$(0.53)Discontinued operations0.11 4.27 0.43 $(1.14)$2.46 $(0.10)DistributionsThe following table summarizes information related to our quarterly cash distributions on our Trust common and preferred shares:PeriodCash Distribution per ShareTotal Cash DistributionsRecord Date