DMC Global Inc
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
BOOM$8.12+15.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net sales | $719,188 | $654,086 | $260,115 |
| Cost of products sold | 507,136 | 468,639 | 200,635 |
| Gross profit | 212,052 | 185,447 | 59,480 |
| Costs and expenses: | |||
| General and administrative expenses | 75,341 | 76,119 | 36,276 |
| Selling and distribution expenses | 49,101 | 42,230 | 22,507 |
| Amortization of purchased intangible assets | 22,667 | 36,926 | 1,391 |
| Acquisition expenses | — | — | 1,581 |
| Restructuring expenses, net and asset impairments | 3,766 | 182 | 127 |
| Total costs and expenses | 150,875 | 155,457 | 61,882 |
| Operating income (loss) | 61,177 | 29,990 | (2,402) |
| Other (expense) income | |||
| Other (expense) income, net | (1,782) | (594) | 152 |
| Interest expense, net | (9,516) | (6,187) | (304) |
| Income (loss) before income taxes | 49,879 | 23,209 | (2,554) |
| Income tax provision (benefit) | 15,120 | 9,376 | (1,544) |
| Net income (loss) | 34,759 | 13,833 | (1,010) |
| Less: Net income (loss) attributable to redeemable noncontrolling interest | 8,500 | 1,586 | (808) |
| Net income (loss) attributable to DMC Global Inc. stockholders | $26,259 | $12,247 | $(202) |
| Net income (loss) per share attributable to DMC Global Inc. stockholders: | |||
| Basic | $1.08 | $0.72 | $(0.26) |
| Diluted | $1.08 | $0.72 | $(0.26) |
| Weighted-average shares outstanding: | |||
| Basic | 19,504,542 | 19,360,677 | 17,610,711 |
| Diluted | 19,518,382 | 19,369,165 | 17,610,711 |
Reconciliation to net income (loss) attributable to DMC Global Inc. stockholders after adjustment of redeemable noncontrolling interest for purposes of calculating earnings per share
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net income (loss) attributable to DMC Global Inc. | $26,259 | $12,247 | $(202) |
| Adjustment of redeemable noncontrolling interest | (4,870) | 1,937 | (4,424) |
| Net income (loss) attributable to DMC Global Inc. common shareholders after adjustment of redeemable noncontrolling interest | $21,389 | $14,184 | $(4,626) |
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