| Aug'19 | Aug'18 | |||||
|---|---|---|---|---|---|---|
Net sales | ||||||
523,383 | 431,429 | |||||
Cost of goods sold | ||||||
305,978 | 251,063 | |||||
Gross profit | ||||||
217,405 | 180,366 | |||||
Operating expenses: | ||||||
Selling and Marketing Expense | ||||||
67,488 | 59,092 | |||||
General and administrative | ||||||
61,972 | 49,635 | |||||
Depreciation and amortization | ||||||
7,496 | 7,498 | |||||
Depreciation and amortization | ||||||
7,644 | 7,672 | |||||
Business transaction costs | ||||||
7,107 | 2,259 | |||||
Loss in fair value change of contingent consideration - TRA liability | ||||||
533 | -2,848 | |||||
Total operating expenses | ||||||
144,596 | 115,636 | |||||
Income from operations | ||||||
72,809 | 64,730 | |||||
Other (expense) income: | ||||||
Fair Value Adjustment of Warrants | ||||||
0 | 0 | |||||
Interest income | ||||||
3,826 | 0 | |||||
Interest expense | ||||||
13,627 | 12,551 | |||||
Gain on settlement of TRA liability | ||||||
1,534 | 0 | |||||
Gain (loss) on foreign currency transactions | ||||||
-452 | 97 | |||||
Other income | ||||||
196 | 815 | |||||
Total other expense | ||||||
-8,523 | -11,639 | |||||
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ||||||
64,286 | 53,091 | |||||
Income Tax Expense (Benefit) | ||||||
16,750 | -17,364 | |||||
Net Income (Loss) Attributable to Parent | ||||||
47,536 | 70,455 | |||||
Other comprehensive income: | ||||||
Foreign currency translation adjustments | ||||||
-38 | -817 | |||||
Comprehensive income | ||||||
47,498 | 69,638 | |||||
Earnings Per Share [Abstract] | ||||||
Earnings Per Share, Basic | ||||||
0.59 | 1.00 | |||||
Earnings Per Share, Diluted | ||||||
0.56 | 0.96 | |||||
Weighted average shares outstanding: | ||||||
Weighted Average Number of Shares Outstanding, Basic | ||||||
80,734 | 70,582 | |||||
Incremental Common Shares Attributable to Dilutive Effect of Stock Options | ||||||
801 | 43 | |||||
Weighted Average Number of Shares Outstanding, Diluted | ||||||
85,243 | 73,681 | |||||