Company: CODI-PB
Filing Date: 2025-12-08
Form Type: 10-K/A
Source: 0001345126-25-000078
Chunk: 169

Company: Compass Diversified Holdings
Filing Date: 2025-12-08
Form: 10-K/A
Chunk 169
---
 sold the Crosman airgun product division. The results of operation for Crosman are included in the accompanying financial statements through the date of sale.

<div align='center'>103</div>

### Results of Operations
|                                             | (in thousands) | Year ended December 31, |    2024 |     |       |   |     |   |    2023 |     |       |   |     |   |    2022 |     |       |   |
|:--------------------------------------------|:---------------|:------------------------|--------:|:----|------:|:--|:----|:--|--------:|:----|------:|:--|:----|:--|--------:|:----|------:|:--|
| Net sales                                   |                | $                       |  96,427 |     | 100.0 | % |     | $ | 172,190 |     | 100.0 | % |     | $ | 232,238 |     | 100.0 | % |
| Gross profit                                |                | $                       |  26,353 |     |  27.3 | % |     | $ |  45,161 |     |  26.2 | % |     | $ |  62,686 |     |  27.0 | % |
| Selling, general and administrative expense |                | $                       |  25,473 |     |  26.4 | % |     | $ |  36,316 |     |  21.1 | % |     | $ |  33,867 |     |  14.6 | % |
| Impairment expense                          |                | $                       |   8,182 |     |   8.5 | % |     | $ |  31,590 |     |  18.3 | % |     | $ |       — |     |     — | % |
| Segment operating income (loss)             |                | $                       | -14,157 |     | -14.7 | % |     | $ | -32,828 |     | -19.1 | % |     | $ |  18,961 |     |   8.2 | % |

<div align='center'>Year ended December 31, 2024 compared to the Year ended December 31, 2023</div>