Note 16 - Segment Information (Tables)
|
6 Months Ended |
Jun. 30, 2024 |
|---|
| Notes Tables |
|
| Schedule of Segment Reporting Information, by Segment [Table Text Block] |
| |
|
Six months ended |
|
|
Three months ended |
|
| |
|
June 30, |
|
|
June 30, |
|
| |
|
2024 |
|
|
2023 |
|
|
2024 |
|
|
2023 |
|
| Net Sales: |
|
|
|
|
|
|
|
|
|
|
|
|
| Distribution |
|
$ |
174,663 |
|
|
$ |
154,678 |
|
|
$ |
87,842 |
|
|
$ |
76,128 |
|
| Solutions |
|
|
9,835 |
|
|
|
12,093 |
|
|
|
4,234 |
|
|
|
5,604 |
|
| |
|
|
184,498 |
|
|
|
166,771 |
|
|
|
92,076 |
|
|
|
81,732 |
|
| Gross Profit: |
|
|
|
|
|
|
|
|
|
|
|
|
| Distribution |
|
$ |
29,898 |
|
|
$ |
23,801 |
|
|
$ |
15,683 |
|
|
$ |
11,074 |
|
| Solutions |
|
|
5,679 |
|
|
|
5,100 |
|
|
|
2,875 |
|
|
|
2,619 |
|
| |
|
|
35,577 |
|
|
|
28,901 |
|
|
|
18,558 |
|
|
|
13,693 |
|
| Direct Costs: |
|
|
|
|
|
|
|
|
|
|
|
|
| Distribution |
|
$ |
14,912 |
|
|
$ |
9,976 |
|
|
$ |
7,535 |
|
|
$ |
5,010 |
|
| Solutions |
|
|
2,683 |
|
|
|
2,618 |
|
|
|
1,302 |
|
|
|
1,317 |
|
| |
|
|
17,595 |
|
|
|
12,594 |
|
|
|
8,837 |
|
|
|
6,327 |
|
| Segment Income Before Taxes: (1) |
|
|
|
|
|
|
|
|
|
|
|
|
| Distribution |
|
$ |
14,986 |
|
|
$ |
13,825 |
|
|
$ |
8,148 |
|
|
$ |
6,064 |
|
| Solutions |
|
|
2,996 |
|
|
|
2,482 |
|
|
|
1,573 |
|
|
|
1,302 |
|
| Segment Income Before Taxes |
|
|
17,982 |
|
|
|
16,307 |
|
|
|
9,721 |
|
|
|
7,366 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| General and administrative |
|
$ |
7,901 |
|
|
$ |
9,212 |
|
|
$ |
4,137 |
|
|
$ |
5,240 |
|
| Acquisition related costs |
|
|
592 |
|
|
|
31 |
|
|
|
469 |
|
|
|
9 |
|
| Depreciation and amortization expense |
|
|
1,736 |
|
|
|
1,317 |
|
|
|
865 |
|
|
|
604 |
|
| Interest, net |
|
|
557 |
|
|
|
441 |
|
|
|
354 |
|
|
|
330 |
|
| Foreign currency transaction loss |
|
|
(246 |
) |
|
|
40 |
|
|
|
(162 |
) |
|
|
(4 |
) |
| Income before taxes |
|
$ |
8,064 |
|
|
$ |
6,228 |
|
|
$ |
4,442 |
|
|
$ |
1,839 |
|
| |
|
As of |
|
|
As of |
|
| |
|
June 30, |
|
|
December 31, |
|
| Selected Assets by Segment: |
|
2024 |
|
|
2023 |
|
| |
|
|
|
|
|
|
| Distribution |
|
$ |
200,974 |
|
|
$ |
242,927 |
|
| Solutions |
|
|
34,471 |
|
|
|
37,992 |
|
| Segment Select Assets |
|
|
235,445 |
|
|
|
280,919 |
|
| Corporate Assets |
|
|
67,325 |
|
|
|
54,179 |
|
| Total Assets |
|
$ |
302,770 |
|
|
$ |
335,098 |
|
|
| Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block] |
| |
|
Six months ended |
|
|
Three months ended |
|
| |
|
June 30, 2024 |
|
|
June 30, 2024 |
|
| |
|
Distribution |
|
|
Solutions |
|
|
Total |
|
|
Distribution |
|
|
Solutions |
|
|
Total |
|
| Geography |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| USA |
|
$ |
130,450 |
|
|
$ |
2,989 |
|
|
$ |
133,439 |
|
|
$ |
68,087 |
|
|
$ |
1,081 |
|
|
$ |
69,168 |
|
| Europe and United Kingdom |
|
|
32,642 |
|
|
|
6,284 |
|
|
|
38,926 |
|
|
|
14,357 |
|
|
|
2,877 |
|
|
|
17,234 |
|
| Canada |
|
|
11,571 |
|
|
|
562 |
|
|
|
12,133 |
|
|
|
5,398 |
|
|
|
276 |
|
|
|
5,674 |
|
| Total net sales |
|
$ |
174,663 |
|
|
$ |
9,835 |
|
|
$ |
184,498 |
|
|
$ |
87,842 |
|
|
$ |
4,234 |
|
|
$ |
92,076 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Timing of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Transferred at a point in time where the Company is principal (1) |
|
$ |
151,467 |
|
|
$ |
5,894 |
|
|
$ |
157,361 |
|
|
$ |
75,735 |
|
|
$ |
2,336 |
|
|
$ |
78,071 |
|
| Transferred at a point in time where the Company is agent (2) |
|
|
23,196 |
|
|
|
3,941 |
|
|
|
27,137 |
|
|
|
12,107 |
|
|
|
1,898 |
|
|
|
14,005 |
|
| Total net sales |
|
$ |
174,663 |
|
|
$ |
9,835 |
|
|
$ |
184,498 |
|
|
$ |
87,842 |
|
|
$ |
4,234 |
|
|
$ |
92,076 |
|
| |
|
Six months ended |
|
|
Three months ended |
|
| |
|
June 30, 2023 |
|
|
June 30, 2023 |
|
| |
|
Distribution |
|
|
Solutions |
|
|
Total |
|
|
Distribution |
|
|
Solutions |
|
|
Total |
|
| Geography |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| USA |
|
$ |
119,387 |
|
|
$ |
6,303 |
|
|
$ |
125,690 |
|
|
$ |
62,644 |
|
|
$ |
2,637 |
|
|
$ |
65,281 |
|
| Europe and United Kingdom |
|
|
22,550 |
|
|
|
5,089 |
|
|
|
27,639 |
|
|
|
7,134 |
|
|
|
2,589 |
|
|
|
9,723 |
|
| Canada |
|
|
12,741 |
|
|
|
701 |
|
|
|
13,442 |
|
|
|
6,350 |
|
|
|
378 |
|
|
|
6,728 |
|
| Total net sales |
|
$ |
154,678 |
|
|
$ |
12,093 |
|
|
$ |
166,771 |
|
|
$ |
76,128 |
|
|
$ |
5,604 |
|
|
$ |
81,732 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Timing of Revenue Recognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Transferred at a point in time where the Company is principal (1) |
|
$ |
136,439 |
|
|
$ |
8,869 |
|
|
$ |
145,308 |
|
|
$ |
67,872 |
|
|
$ |
4,036 |
|
|
$ |
71,908 |
|
| Transferred at a point in time where the Company is agent (2) |
|
|
18,239 |
|
|
|
3,224 |
|
|
|
21,463 |
|
|
|
8,256 |
|
|
|
1,568 |
|
|
|
9,824 |
|
| Total net sales |
|
$ |
154,678 |
|
|
$ |
12,093 |
|
|
$ |
166,771 |
|
|
$ |
76,128 |
|
|
$ |
5,604 |
|
|
$ |
81,732 |
|
|
| Long-Lived Assets by Geographic Areas [Table Text Block] |
| |
|
June 30, |
|
|
December 31, |
|
| Identifiable Assets by Geographic Areas |
|
2024 |
|
|
2023 |
|
| USA |
|
$ |
155,976 |
|
|
$ |
171,080 |
|
| Canada |
|
|
26,537 |
|
|
|
23,994 |
|
| Europe and United Kingdom |
|
|
120,257 |
|
|
|
140,024 |
|
| Total |
|
$ |
302,770 |
|
|
$ |
335,098 |
|
|