Company: CODI-PB
Filing Date: 2025-12-08
Form Type: 10-K/A
Source: 0001345126-25-000078
Chunk: 337

Company: Compass Diversified Holdings
Filing Date: 2025-12-08
Form: 10-K/A
Chunk 337
---
 the Consolidated Balance Sheets, Consolidated Statements of Operations and Consolidated Statements of Cash Flows for the unaudited interim periods in the years ended December 31, 2024, 2023 and 2022 in this note to reflect the effect of the sale of EBP Lifestyle Brands Holdings, Inc. during the fourth quarter of 2024. Refer to Note C for a description of the restatement adjustments. Additionally, based on the consolidated financial information included within the Company's previously filed financial statements in the Original Filing and in Forms 10-Q during the Affected Periods, the Company was in compliance with the 2022 Credit Facility’s financial covenants in each of these periods. However, in retrospectively testing financial covenant compliance under the 2022 Credit Facility in each of the Affected Periods in reliance on the restated consolidated financial information provided in this Form 10-K/A, the Company would not have been in compliance with such financial covenants as of the years ended December 31, 2024 and 2023, and the quarters ended September 30, 2024 and 2023, June 30, 2024 and 2023 and March 31, 2024. As a result, the 2022 Term Loan and 2022 Revolving Credit facility that were previously classified as long-term debt in the consolidated balance sheet at each of these periods in the As Reported financial information have been reclassified to current portion of long-term debt in the accompanying balance sheets in this footnote for the periods in which the Company was not in compliance with the financial covenants in the 2022 Credit Facility. Additionally, because the 2029 Notes and 2032 Notes may have been subject to acceleration had the lenders under the 2022 Credit Facility exercised their acceleration rights during such historical periods, the 2029 Notes and 2032 Notes are also being reclassified to current portion of long-term debt in such accompanying balance sheets.

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### COMPASS DIVERSIFIED HOLDINGS

### NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
| (in thousands)                                                                                                      |     |                |     | March 31, 2024 |           |     |             |            |     | March 31, 2024 |           |
|:--------------------------------------------------------------------------------------------------------------------|:----|:---------------|:----|:---------------|----------:|:----|:------------|-----------:|:----|