Company: CODI-PB
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001345126-25-000015
Chunk: 286

Company: Compass Diversified Holdings
Filing Date: 2025-02-27
Form: 10-K
Item: Item 16
Chunk 286
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 G - Goodwill and Intangible Assets" for further description. (3)     The Company recorded a loss of $24.6 million on the sale of Crosman in the second quarter of 2024, and a gain of $0.4 million in the third quarter of 2024 related to the working capital settlement.(4)  The Company sold its Ergo operating segment in the fourth quarter of 2024, recording a pre-tax gain on sale of $6.1 million. All prior periods are presented as discontinued operations.

F-62

COMPASS DIVERSIFIED HOLDINGSNOTES TO CONSOLIDATED FINANCIAL STATEMENTS 

(in thousands)December 31, 2023 (1) (2) (3)September 30, 2023 (1) (2)June 30, 2023 (1)March 31, 2023 (1)Total revenues$544,915 $497,847 $460,740 $461,515 Gross profit231,943 210,274 199,837 190,949 Operating income (4,592)16,085 39,587 34,169 Income (loss) from continuing operations(39,891)(21,661)4,026 (3,725)Income from discontinued operations(2,202)10,233 5,348 11,133 Gain on sale of discontinued operations, net of tax179,530 1,274 4,232 97,989 Net income (loss) attributable to Holdings$137,437 $(10,154)$13,606 $105,397 Basic and fully diluted income (loss) per share attributable to Holdings:  Continuing operations$(0.75)$(0.48)$(0.47)$(0.20)  Discontinued operations2.45 0.15 0.12 1.49 Basic and fully diluted income (loss) per share attributable to Holdings$1.70 $(0.33)$(0.35)$1.29 

(1)  The Company sold its ACI operating segment in the first quarter of 2023, recording a gain on sale of $98.0 million, net of an income tax provision of $6.8 million. The Company recorded an additional gain on sale of $2.1 million in the second quarter of 202