|
Delaware
|
| |
3842
|
| |
38-3873146
|
|
|
(State or other jurisdiction of
incorporation or organization) |
| |
(Primary Standard Industrial
Classification Code Number) |
| |
(I.R.S. Employer
Identification Number) |
|
|
Large accelerated filer
☐
|
| |
Accelerated filer
☐
|
| |
Non-accelerated filer
☒
|
| |
Smaller reporting company
☒
|
|
|
Emerging growth company
☒
|
| | | | | | | |
| | ||||||||||||||||||||||||||||
Title of Each Class of Securities
to be Registered |
| | |
Shares to be
Registered(1) |
| | |
Proposed Maximum
Aggregate Offering Price Per Share |
| | |
Proposed Maximum
Aggregate Offering Price(1)(2) |
| | |
Amount of
Registration Fee(3) |
| ||||||||||||
common stock, par value $0.0001 per share
|
| | | | | 27,483,350 | | | | | | $ | 20.74 | | | | | | $ | 570,004,679 | | | | | | $ | 52,839.43 | | |
| | | | | 1 | | | |
| | | | | 11 | | | |
| | | | | 27 | | | |
| | | | | 29 | | | |
| | | | | 30 | | | |
| | | | | 31 | | | |
| | | | | 32 | | | |
| | | | | 33 | | | |
| | | | | 35 | | | |
| | | | | 37 | | | |
| | | | | 39 | | | |
| | | | | 40 | | | |
| | | | | 42 | | | |
| | | | | 46 | | | |
| | | | | 48 | | | |
| | | | | 52 | | | |
| | | | | 54 | | | |
| | | | | 55 | | | |
| | | | | 66 | | | |
| | | | | 70 | | | |
| | | | | 85 | | | |
| | | | | 88 | | | |
| | | | | 90 | | | |
| | | | | 93 | | | |
| | | | | 97 | | | |
| | | | | 99 | | | |
| | | | | 103 | | | |
| | | | | 104 | | | |
| | | | | 104 | | | |
| | | | | 105 | | | |
| | | | | F-1 | | |
| | |
Nine months ended September 30,
|
| |
Year ended December 31,
|
| ||||||||||||||||||
| | |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
| | |
(Unaudited)
|
| |
(Unaudited)
|
| | | | | | | | | | | | | ||||||
Net sales
|
| | | $ | 323,751 | | | | | $ | 297,019 | | | | | $ | 404,642 | | | | | $ | 420,736 | | |
Cost of goods sold
|
| | | | 192,256 | | | | | | 183,869 | | | | | | 251,704 | | | | | | 274,699 | | |
Gross profit
|
| | | | 131,495 | | | | | | 113,150 | | | | | | 152,938 | | | | | | 146,037 | | |
Operating expenses Selling, general and administrative
|
| | | | 87,168 | | | | | | 79,963 | | | | | | 106,627 | | | | | | 124,270 | | |
Restructuring and transaction costs
|
| | | | 1,491 | | | | | | 3,143 | | | | | | 5,822 | | | | | | 918 | | |
Related party expense
|
| | | | 437 | | | | | | 480 | | | | | | 1,635 | | | | | | 1,096 | | |
Other general income
|
| | | | — | | | | | | (10,950) | | | | | | (10,950) | | | | | | (7,630) | | |
Total operating expenses
|
| | | | 89,096 | | | | | | 72,636 | | | | | | 103,134 | | | | | | 118,654 | | |
Operating income
|
| | | | 42,399 | | | | | | 40,514 | | | | | | 49,804 | | | | | | 27,383 | | |
Other expense | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest expense
|
| | | | (14,129) | | | | | | (18,275) | | | | | | (24,388) | | | | | | (29,848) | | |
Loss on extinguishment of debt
|
| | | | (15,155) | | | | | | — | | | | | | (200) | | | | | | — | | |
Other (expense) income, net
|
| | | | (881) | | | | | | 1,925 | | | | | | 2,659 | | | | | | 395 | | |
Total other expense, net
|
| | | | (30,165) | | | | | | (16,350) | | | | | | (21,929) | | | | | | (29,453) | | |
Income (loss) before (provision) benefit for income taxes
|
| | | | 12,234 | | | | | | 24,164 | | | | | | 27,875 | | | | | | (2,070) | | |
(Provision) benefit for income taxes
|
| | | | (3,861) | | | | | | (1,491) | | | | | | 10,578 | | | | | | 142 | | |
Net income (loss)
|
| | | $ | 8,373 | | | | | $ | 22,673 | | | | | $ | 38,453 | | | | | $ | (1,928) | | |
Net income (loss) per share: | | | | | | | | | | | | | | | | | | | | | | | | | |
Basic
|
| | | $ | 0.30 | | | | | $ | 0.82 | | | | | $ | 1.40 | | | | | $ | (0.07) | | |
Diluted
|
| | | $ | 0.30 | | | | | $ | 0.82 | | | | | $ | 1.40 | | | | | $ | (0.07) | | |
Weighted average shares outstanding: | | | | | | | | | | | | | | | | | | | | | | | | | |
Basic
|
| | | | 27,483,350 | | | | | | 27,483,350 | | | | | | 27,483,350 | | | | | | 27,402,082 | | |
Diluted
|
| | | | 27,483,350 | | | | | | 27,483,350 | | | | | | 27,483,350 | | | | | | 27,402,082 | | |
| | |
Nine months ended September 30,
|
| |
Year ended December 31,
|
| ||||||||||||||||||
| | |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
| | |
(Unaudited)
|
| |
(Unaudited)
|
| | | ||||||||||||||||
Cash flows provided by operating activities
|
| | | $ | 30,988 | | | | | $ | 28,192 | | | | | $ | 45,419 | | | | | $ | 7,414 | | |
| | |
As of September 30, 2021
(Unaudited) |
| |||
Cash and cash equivalents
|
| | | $ | 15,275 | | |
Total assets
|
| | | | 302,024 | | |
Total liabilities
|
| | | | 294,687 | | |
Total shareholders’ equity
|
| | | | 7,337 | | |
| | |
Nine months ended September 30,
|
| |
Year ended December 31,
|
| ||||||||||||||||||
(In thousands)
|
| |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
EBITDA
|
| | | $ | 36,789 | | | | | $ | 53,646 | | | | | $ | 66,996 | | | | | $ | 43,221 | | |
Adjusted EBITDA
|
| | | | 56,120 | | | | | | 42,487 | | | | | | 57,982 | | | | | | 43,699 | | |
Capital expenditures
|
| | | | 2,225 | | | | | | 3,913 | | | | | | 4,708 | | | | | | 3,082 | | |
Adjusted EBITDA conversion rate
|
| | | | 96% | | | | | | 91% | | | | | | 92% | | | | | | 93% | | |
| | |
As of
September 30, 2021 |
| | | | | | | |||
| | |
Actual
|
| |
As Adjusted
|
| ||||||
| | |
(Unaudited)
|
| | | | | | | |||
(In thousands) | | | | | | | | | | | | | |
Cash and cash equivalents
|
| | | $ | 15,275 | | | | | $ | 29,141 | | |
Debt: | | | | | | | | | | | | | |
Revolver
|
| | | $ | 25,500 | | | | | $ | — | | |
Current portion of long-term debt
|
| | | | 12,904 | | | | | $ | 12,904 | | |
Long-term debt
|
| | | | 187,446 | | | | | | 149,028 | | |
Total debt
|
| | | | 225,850 | | | | | | 161,932 | | |
Preferred Stock, par value $0.0001 per share, 10,000,000 shares authorized,
no shares issued and outstanding actual and as adjusted |
| | | | — | | | | | | — | | |
Shareholders’ equity: | | | | | | | | | | | | | |
Common Stock, $0.0001 par value per share, 190,000,000 shares authorized, 27,483,350 shares issued and outstanding actual; $0.0001 par value per share, 190,000,000 shares authorized, 34,383,350 shares issued and outstanding as adjusted
|
| | | | 3 | | | | | | 3 | | |
Additional paid-in capital
|
| | | | 48,670 | | | | | | 128,192 | | |
Accumulated other comprehensive loss
|
| | | | (2,747) | | | | | | (2,747) | | |
Accumulated deficit
|
| | | | (38,589) | | | | | | (39,950) | | |
Total shareholders’ equity
|
| | | | 7,337 | | | | | | 85,498 | | |
Capitalization
|
| | | $ | 233,187 | | | | | $ | 247,430 | | |
| | |
Nine months ended
September 30, |
| |
Year ended December 31,
|
| ||||||||||||||||||
| | |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
| | |
(Unaudited)
|
| |
(Unaudited)
|
| | | ||||||||||||||||
Net sales
|
| | | $ | 323,751 | | | | | $ | 297,019 | | | | | $ | 404,642 | | | | | $ | 420,736 | | |
Cost of goods sold
|
| | | | 192,256 | | | | | | 183,869 | | | | | | 251,704 | | | | | | 274,699 | | |
Gross profit
|
| | | | 131,495 | | | | | | 113,150 | | | | | | 152,938 | | | | | | 146,037 | | |
Operating expenses Selling, general and administrative
|
| | | | 87,168 | | | | | | 79,963 | | | | | | 106,627 | | | | | | 124,270 | | |
Restructuring and transaction costs
|
| | | | 1,491 | | | | | | 3,143 | | | | | | 5,822 | | | | | | 918 | | |
Related party expense
|
| | | | 437 | | | | | | 480 | | | | | | 1,635 | | | | | | 1,096 | | |
Other general income
|
| | | | — | | | | | | (10,950) | | | | | | (10,950) | | | | | | (7,630) | | |
Total operating expenses
|
| | | | 89,096 | | | | | | 72,636 | | | | | | 103,134 | | | | | | 118,654 | | |
Operating income
|
| | | | 42,399 | | | | | | 40,514 | | | | | | 49,804 | | | | | | 27,383 | | |
Other expense | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest expense
|
| | | | (14,129) | | | | | | (18,275) | | | | | | (24,388) | | | | | | (29,848) | | |
Loss on extinguishment of debt
|
| | | | (15,155) | | | | | | — | | | | | | (200) | | | | | | | | |
Other (expense) income, net
|
| | | | (881) | | | | | | 1,925 | | | | | | 2,659 | | | | | | 395 | | |
Total other expense, net
|
| | | | (30,165) | | | | | | (16,350) | | | | | | (21,929) | | | | | | (29,453) | | |
Income (loss) before (provision) benefit for income taxes
|
| | | | 12,234 | | | | | | 24,164 | | | | | | 27,875 | | | | | | (2,070) | | |
(Provision) benefit for income taxes
|
| | | | (3,861) | | | | | | (1,491) | | | | | | 10,578 | | | | | | 142 | | |
Net income (loss)
|
| | | $ | 8,373 | | | | | $ | 22,673 | | | | | $ | 38,453 | | | | | $ | (1,928) | | |
Net income (loss) per share: | | | | | | | | | | | | | | | | | | | | | | | | | |
Basic
|
| | | $ | 0.30 | | | | | $ | 0.82 | | | | | $ | 1.40 | | | | | $ | (0.07) | | |
Diluted
|
| | | $ | 0.30 | | | | | $ | 0.82 | | | | | $ | 1.40 | | | | | $ | (0.07) | | |
Weighted average shares outstanding: | | | | | | | | | | | | | | | | | | | | | | | | | |
Basic
|
| | | | 27,483,350 | | | | | | 27,483,350 | | | | | | 27,483,350 | | | | | | 27,402,082 | | |
Diluted
|
| | | | 27,483,350 | | | | | | 27,483,350 | | | | | | 27,483,350 | | | | | | 27,402,082 | | |
| | |
Nine months ended September 30,
|
| |
Year ended December 31,
|
| ||||||||||||||||||
| | |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
| | |
(Unaudited)
|
| |
(Unaudited)
|
| | | | | | | | | | | | | ||||||
Cash flows provided by operating activities
|
| | | $ | 30,989 | | | | | $ | 28,192 | | | | | $ | 45,419 | | | | | $ | 7,414 | | |
| | |
As of September 30, 2021
|
| |||
| | |
(Unaudited)
|
| |||
Cash and cash equivalents
|
| | | $ | 15,275 | | |
Total assets
|
| | | | 302,024 | | |
Total liabilities
|
| | | | 294,687 | | |
Total shareholders’ equity
|
| | | | 7,337 | | |
| | |
Nine months ended September 30,
|
| |
Year ended December 31,
|
| ||||||||||||||||||
(In thousands)
|
| |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
EBITDA
|
| | | $ | 36,789 | | | | | $ | 53,646 | | | | | $ | 66,996 | | | | | $ | 43,221 | | |
Adjusted EBITDA
|
| | | | 56,120 | | | | | | 42,487 | | | | | | 57,982 | | | | | | 43,699 | | |
Capital expenditures
|
| | | | 2,225 | | | | | | 3,913 | | | | | | 4,708 | | | | | | 3,082 | | |
Adjusted EBITDA conversion rate
|
| | | | 96% | | | | | | 91% | | | | | | 92% | | | | | | 93% | | |
| | |
Nine months ended September 30,
|
| |
Year ended December 31,
|
| ||||||||||||||||||
(in thousands)
|
| |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
Net sales
|
| | | $ | 323,751 | | | | | $ | 297,019 | | | | | $ | 404,642 | | | | | $ | 420,736 | | |
Net income (loss)
|
| | | $ | 8,373 | | | | | $ | 22,673 | | | | | $ | 38,453 | | | | | $ | (1,928) | | |
Adjusted EBITDA(1)
|
| | | $ | 56,120 | | | | | $ | 42,487 | | | | | $ | 57,982 | | | | | $ | 43,699 | | |
| | |
As of September 30,
|
| |
As of December 31,
|
| ||||||||||||||||||
(in thousands)
|
| |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
Orders backlog
|
| | | $ | 123,208 | | | | | $ | 120,017 | | | | | $ | 127,379 | | | | | $ | 131,814 | | |
| | |
Nine months ended September 30,
|
| | | | | | | |
Year ended December 31,
|
| | | | | | | ||||||||||||||||||
| | |
2021
|
| |
2020
|
| |
% Chg
|
| |
2020
|
| |
2019
|
| |
% Chg
|
| ||||||||||||||||||
| | |
(Unaudited)
|
| |
(Unaudited)
|
| | | | | ||||||||||||||||||||||||||
Net sales
|
| | | $ | 323,751 | | | | | $ | 297,019 | | | | | | 9.0% | | | | | $ | 404,642 | | | | | $ | 420,736 | | | | | | (3.8)% | | |
Cost of goods sold
|
| | | | 192,256 | | | | | | 183,869 | | | | | | 4.6% | | | | | | 251,704 | | | | | | 274,699 | | | | | | (8.4)% | | |
Gross profit
|
| | | | 131,495 | | | | | | 113,150 | | | | | | 16.2% | | | | | | 152,938 | | | | | | 146,037 | | | | | | 4.7% | | |
Operating expenses | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Selling, general and administrative
|
| | | | 87,168 | | | | | | 79,963 | | | | | | 9.0% | | | | | | 106,627 | | | | | | 124,270 | | | | | | (14.2)% | | |
Restructuring and transaction costs
|
| | | | 1,491 | | | | | | 3,143 | | | | | | (52.6)% | | | | | | 5,822 | | | | | | 918 | | | | | | 534.2% | | |
Related party expense
|
| | | | 437 | | | | | | 480 | | | | | | (9.0)% | | | | | | 1,635 | | | | | | 1,096 | | | | | | 49.2% | | |
Other general income
|
| | | | — | | | | | | (10,950) | | | | | | 100.0% | | | | | | (10,950) | | | | | | (7,630) | | | | | | 43.5% | | |
Total operating expenses
|
| | | | 89,096 | | | | | | 72,636 | | | | | | 22.7% | | | | | | 103,134 | | | | | | 118,654 | | | | | | (13.1)% | | |
Operating income
|
| | | | 42,399 | | | | | | 40,514 | | | | | | 4.7% | | | | | | 49,804 | | | | | | 27,383 | | | | | | 81.9% | | |
Other expense
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Interest expense
|
| | | | (14,129) | | | | | | (18,275) | | | | | | (22.7)% | | | | | | (24,388) | | | | | | (29,848) | | | | | | (18.3)% | | |
Loss on extinguishment of debt
|
| | | | (15,155) | | | | | | — | | | | | | — | | | | | | (200) | | | | | | — | | | | | | | | |
Other (expense) income, net
|
| | | | (881) | | | | | | 1,925 | | | | | | (145.8)% | | | | | | 2,659 | | | | | | 395 | | | | | | 573.2% | | |
Total other expense, net
|
| | | | (30,165) | | | | | | (16,350) | | | | | | 84.5% | | | | | | (21,929) | | | | | | (29,453) | | | | | | (25.5)% | | |
Income (loss) before (provision) benefit for income taxes
|
| | | | 12,234 | | | | | | 24,164 | | | | | | (49.4)% | | | | | | 27,875 | | | | | | (2,070) | | | | | | 1,446.6% | | |
(Provision) benefit for income taxes
|
| | | | (3,861) | | | | | | (1,491) | | | | | | 159.0% | | | | | | 10,578 | | | | | | 142 | | | | | | 7,349.3% | | |
Net income (loss)
|
| | | $ | 8,373 | | | | | $ | 22,673 | | | | | | (63.1)% | | | | | $ | 38,453 | | | | | $ | (1,928) | | | | | | 2,094.5% | | |
| | |
Nine months ended September 30,
|
| |
Year ended December 31,
|
| ||||||||||||||||||
(in thousands)
|
| |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
Net income (loss)
|
| | | $ | 8,373 | | | | | $ | 22,673 | | | | | $ | 38,453 | | | | | $ | (1,928) | | |
Add back:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Depreciation and amortization
|
| | | | 10,426 | | | | | | 11,207 | | | | | | 14,733 | | | | | | 15,443 | | |
Interest expense
|
| | | | 14,129 | | | | | | 18,275 | | | | | | 24,388 | | | | | | 29,848 | | |
Provision (benefit) for income taxes
|
| | | | 3,861 | | | | | | 1,491 | | | | | | (10,578) | | | | | | (142) | | |
EBITDA
|
| | | $ | 36,789 | | | | | $ | 53,646 | | | | | $ | 66,996 | | | | | $ | 43,221 | | |
Add back:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Restructuring and transaction costs(1)
|
| | | | 1,491 | | | | | | 3,143 | | | | | | 5,822 | | | | | | 918 | | |
Other general income(2)
|
| | | | — | | | | | | (10,950) | | | | | | (10,950) | | | | | | (7,630) | | |
Loss on extinguishment of debt(3)
|
| | | | 15,155 | | | | | | — | | | | | | 200 | | | | | | — | | |
Other (expense) income, net(4)
|
| | | | 881 | | | | | | (1,925) | | | | | | (2,659) | | | | | | (395) | | |
Contingent consideration(5)
|
| | | | — | | | | | | (1,427) | | | | | | (1,427) | | | | | | — | | |
LTIP bonus(6)
|
| | | | 1,804 | | | | | | — | | | | | | — | | | | | | — | | |
Goodwill impairment(7)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 7,585 | | |
Adjusted EBITDA
|
| | | $ | 56,120 | | | | | $ | 42,487 | | | | | $ | 57,982 | | | | | $ | 43,699 | | |
Less: Capital expenditures
|
| | | | (2,225) | | | | | | (3,913) | | | | | | (4,708) | | | | | | (3,082) | | |
Adjusted EBITDA less capital expenditures
|
| | | $ | 53,895 | | | | | $ | 38,574 | | | | | $ | 53,274 | | | | | $ | 40,617 | | |
Adjusted EBITDA conversion rate
|
| | | | 96% | | | | | | 91% | | | | | | 92% | | | | | | 93% | | |
| | |
Nine months ended September 30,
|
| |
Year ended December 31,
|
| ||||||||||||||||||
(in thousands)
|
| |
2021
|
| |
2020
|
| |
2020
|
| |
2019
|
| ||||||||||||
| | |
(Unaudited)
|
| |
(Unaudited)
|
| | | ||||||||||||||||
Net cash provided by operating activities
|
| | | $ | 30,988 | | | | | $ | 28,192 | | | | | $ | 45,419 | | | | | $ | 7,414 | | |
Net cash (used in) provided by investing activities
|
| | | | (2,225) | | | | | | 14,064 | | | | | | 19,784 | | | | | | 26,372 | | |
Net cash used in financing activities
|
| | | | (16,358) | | | | | | (42,298) | | | | | | (64,902) | | | | | | (32,417) | | |
Effects of foreign exchange rates on cash and cash equivalents
|
| | | | (3) | | | | | | 6 | | | | | | 52 | | | | | | (139) | | |
Change in cash and cash equivalents
|
| | | | 12,402 | | | | | | (36) | | | | | | 353 | | | | | | 1,230 | | |
Cash and cash equivalents, beginning of period
|
| | | | 2,873 | | | | | | 2,520 | | | | | | 2,520 | | | | | | 1,290 | | |
Cash and cash equivalents, end of period
|
| | | $ | 15,275 | | | | | $ | 2,484 | | | | | $ | 2,873 | | | | | $ | 2,520 | | |
(in thousands)
|
| |
Total
|
| |
Less than
1 year |
| |
1-3 Years
|
| |
3-5 Years
|
| |
More than
5 Years |
| |||||||||||||||
Lease obligations(1)
|
| | | $ | 14,044 | | | | | $ | 1,160 | | | | | $ | 8,224 | | | | | $ | 4,191 | | | | | $ | 469 | | |
Debt(2) | | | | | 228,517 | | | | | | 3,546 | | | | | | 21,886 | | | | | | 20,047 | | | | | | 183,038 | | |
Interest on debt(3)
|
| | | | 25,790 | | | | | | 1,518 | | | | | | 11,278 | | | | | | 10,217 | | | | | | 2,777 | | |
Total contractual obligations
|
| | | $ | 268,351 | | | | | $ | 6,224 | | | | | $ | 41,388 | | | | | $ | 34,455 | | | | | $ | 186,284 | | |
Effective date
|
| |
Notional amount
|
| |
Fixed rate
|
| ||||||
September 30, 2021 through July 23, 2026
|
| | | $ | 100,000 | | | | | | 0.875% | | |
Primary Activity
|
| |
Location
|
| |
Country
|
| |
Owned/Leased
|
| |
Sq Ft
|
|
Corporate HQ and Manufacturing
|
| | Jacksonville, Florida | | | USA | | | Owned | | |
132,224
|
|
Manufacturing and R&D
|
| | Jacksonville, Florida | | | USA | | | Owned | | |
63,000
|
|
Warehouse and Distribution
|
| | Jacksonville, Florida | | | USA | | | Leased | | |
27,405
|
|
Manufacturing and R&D
|
| | Ontario, California | | | USA | | | Leased | | |
41,475
|
|
Manufacturing
|
| | Casper, Wyoming | | | USA | | | Owned | | |
73,700
|
|
Manufacturing
|
| | Dalton, Massachusetts | | | USA | | | Leased | | |
33,862
|
|
Manufacturing
|
| | Dover, Tennessee | | | USA | | | Leased | | |
87,652
|
|
Manufacturing
|
| | Ogdensburg, New York | | | USA | | | Leased | | |
23,220
|
|
Manufacturing
|
| | Tijuana, Baja California | | | Mexico | | | Leased | | |
158,614
|
|
Sales, R&D & Manufacturing
|
| | Ottawa, Ontario | | | Canada | | | Leased | | |
39,273
|
|
Manufacturing
|
| | Pembroke, Ontario | | | Canada | | | Leased | | |
26,154
|
|
Manufacturing
|
| | Arnprior, Ontario | | | Canada | | | Leased | | |
48,853
|
|
Manufacturing
|
| | Warrington, Cheshire | | | UK | | | Leased | | |
21,958
|
|
Manufacturing & Sales
|
| |
Daventry, Northhamptonshire
|
| | UK | | | Leased/Owned | | |
19,429
|
|
Manufacturing
|
| | Vilnius | | | Lithuania | | | Leased | | |
19,160
|
|
Product Category
|
| |
Ownership
|
| |
Number of
Patents Granted |
| |
Range of
Expiration Dates for Granted Patents |
| |
Number of
Pending Patent Applications |
| |
Range of
Expiration Dates (if Pending Patent Granted) |
| ||||||
Body Armor
|
| | Safariland, LLC | | | | | 36 | | | |
2022 – 2037
|
| | | | 1 | | | |
2040
|
|
Body Armor
|
| |
Pacific Safety Products, Inc.
|
| | | | 1 | | | |
2023
|
| | | | — | | | |
—
|
|
Duty Gear
|
| | Safariland, LLC | | | | | 62 | | | |
2022 – 2040
|
| | | | 6 | | | |
2036 – 2041
|
|
EOD
|
| | Med-Eng, LLC | | | | | 76 | | | |
2022 – 2045
|
| | | | 5 | | | |
2036 – 2040
|
|
Crowd Control
|
| | Safariland, LLC | | | | | 26 | | | |
2026 – 2038
|
| | | | 3 | | | |
2035 – 2041
|
|
Other – Diversified
|
| | Safariland, LLC | | | | | 25 | | | |
2021 – 2038
|
| | | | 6 | | | |
2036 – 2041
|
|
Name
|
| |
Age
|
| |
Position
|
|
Executive Officers: | | | | | | ||
Warren B. Kanders | | | 64 | | | Chief Executive Officer | |
Brad Williams | | | 47 | | | President | |
Blaine Browers | | | 43 | | | Chief Financial Officer | |
Directors: | | | | | | ||
Warren B. Kanders | | | 64 | | | Director | |
Hamish Norton | | | 62 | | | Director | |
Nicholas Sokolow | | | 72 | | | Director | |
William Quigley | | | 60 | | | Director | |