| Schedule of net sales to unaffiliated customers and identifiable assets by geographic areas |
|
|
|
|
|
|
|
|
|
|
|
|
2020
|
|
2019
|
|
|
Net sales to Unaffiliated Customers:
|
|
|
|
|
|
|
|
|
USA
|
|
$
|
221,354
|
|
$
|
186,488
|
|
|
Canada
|
|
|
16,846
|
|
|
11,751
|
|
|
Europe and United Kingdom
|
|
|
13,368
|
|
|
10,520
|
|
|
Total
|
|
$
|
251,568
|
|
$
|
208,759
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31,
|
|
December 31,
|
|
|
Identifiable Assets by Geographic Areas at December 31,
|
|
2020
|
|
2019
|
|
|
USA
|
|
$
|
114,126
|
|
$
|
113,257
|
|
|
Canada
|
|
|
18,514
|
|
|
8,368
|
|
|
Europe and United Kingdom
|
|
|
13,301
|
|
|
4,656
|
|
|
Unallocated
|
|
|
19,592
|
|
|
—
|
|
|
Total
|
|
$
|
165,533
|
|
$
|
126,281
|
|
|
| Schedule of segment reporting information |
|
|
|
|
|
|
|
|
|
|
|
Year ended
|
|
|
|
December 31,
|
|
|
|
2020
|
|
2019
|
|
Revenue:
|
|
|
|
|
|
|
|
Distribution
|
|
$
|
233,740
|
|
$
|
193,558
|
|
Solutions
|
|
|
17,828
|
|
|
15,201
|
|
|
|
|
251,568
|
|
|
208,759
|
|
Gross Profit:
|
|
|
|
|
|
|
|
Distribution
|
|
$
|
29,136
|
|
$
|
26,773
|
|
Solutions
|
|
|
3,904
|
|
|
3,194
|
|
|
|
|
33,040
|
|
|
29,967
|
|
Direct Costs:
|
|
|
|
|
|
|
|
Distribution
|
|
$
|
12,453
|
|
$
|
10,104
|
|
Solutions
|
|
|
1,767
|
|
|
1,526
|
|
|
|
|
14,220
|
|
|
11,630
|
|
Segment Income Before Taxes: (1)
|
|
|
|
|
|
|
|
Distribution
|
|
$
|
16,683
|
|
$
|
16,669
|
|
Solutions
|
|
|
2,137
|
|
|
1,668
|
|
Segment Income Before Taxes
|
|
|
18,820
|
|
|
18,337
|
|
|
|
|
|
|
|
|
|
General and administrative
|
|
$
|
9,709
|
|
$
|
9,264
|
|
Legal and financial advisory expenses, net - unsolicited bid and related matters
|
|
|
1,586
|
|
|
120
|
|
Acquisition related costs
|
|
|
1,518
|
|
|
—
|
|
Amortization and depreciation expense
|
|
|
704
|
|
|
487
|
|
Interest, net
|
|
|
121
|
|
|
500
|
|
Foreign currency transaction gain
|
|
|
796
|
|
|
82
|
|
Income before taxes
|
|
$
|
6,220
|
|
$
|
9,048
|
(1) Excludes general corporate expenses including legal and financial advisory expenses, net – unsolicited bid and related matters, acquisition related costs, amortization and depreciation expense, interest, and foreign currency transaction gains.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of
|
|
As of
|
|
|
|
|
December 31,
|
|
December 31,
|
|
|
Selected Assets by Segment:
|
|
2020
|
|
2019
|
|
|
|
|
|
|
|
|
|
|
|
Distribution
|
|
$
|
100,841
|
|
$
|
99,602
|
|
|
Solutions
|
|
|
7,304
|
|
|
5,603
|
|
|
Segment Select Assets
|
|
|
108,145
|
|
|
105,205
|
|
|
Goodwill and Intangible Assets
|
|
|
19,592
|
|
|
—
|
|
|
Corporate Assets
|
|
|
37,796
|
|
|
21,076
|
|
|
Total Assets
|
|
$
|
165,533
|
|
$
|
126,281
|
|
|
| Summary of disaggregation of segment revenue |
|
|
|
|
|
|
|
|
|
|
|
|
Year ended
|
|
|
|
|
|
|
|
Disaggregation of Revenue:
|
|
December 31,
|
|
December 31,
|
|
|
|
|
2020
|
|
2019
|
|
|
Distribution
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hardware, software and other products
|
|
$
|
214,403
|
|
$
|
175,771
|
|
|
Software - security & highly interdependent with support
|
|
|
8,122
|
|
|
6,898
|
|
|
Maintenance, support & other services
|
|
|
11,215
|
|
|
10,889
|
|
|
Net Sales
|
|
$
|
233,740
|
|
$
|
193,558
|
|
|
|
|
|
|
|
|
|
|
|
Solutions
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hardware, software and other products
|
|
$
|
16,059
|
|
$
|
13,564
|
|
|
Software - security & highly interdependent with support
|
|
|
145
|
|
|
288
|
|
|
Maintenance, support & other services
|
|
|
1,624
|
|
|
1,349
|
|
|
Net Sales
|
|
$
|
17,828
|
|
$
|
15,201
|
|
|