Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Net sales $ 421,910 $ 444,084
Cost of sales (122,150) (115,467)
Gross profit 299,760 328,617
Operating expenses:    
Volume incentives 130,377 139,844
Selling, general and administrative 153,125 154,103
Operating income 16,258 34,670
Other income (expense):    
Interest and other income, net 123 466
Interest expense (249) (250)
Foreign exchange losses, net (917) (3,064)
Other income (expense), net (1,043) (2,848)
Income from operations before provision for income taxes 15,215 31,822
Provision for income taxes 14,665 1,615
Net income 550 30,207
Net income attributable to noncontrolling interests 940 1,354
Net income (loss) attributable to common shareholders $ (390) $ 28,853
Basic and diluted net income (loss) per common share    
Basic earnings per share attributable to common shareholders (in dollars per share) $ (0.02) $ 1.45
Diluted earnings per share attributable to common shareholders (in dollars per share) $ (0.02) $ 1.42
Weighted average basic common shares outstanding (in shares) 19,326 19,858
Weighted average diluted common shares outstanding (in shares) 19,326 20,327
Dividends declared per common share (in dollars per share) $ 0 $ 1.00