| Schedule of net sales to unaffiliated customers and identifiable assets by geographic areas |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2018
|
|
2017
|
|
2016
|
|
|
Net sales to Unaffiliated Customers:
|
|
|
|
|
|
|
|
|
|
|
|
USA
|
|
$
|
159,275
|
|
$
|
137,185
|
|
$
|
141,571
|
|
|
Canada
|
|
|
12,036
|
|
|
11,835
|
|
|
12,694
|
|
|
Rest of the world
|
|
|
10,133
|
|
|
11,547
|
|
|
10,344
|
|
|
Total
|
|
$
|
181,444
|
|
$
|
160,567
|
|
$
|
164,609
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2018
|
|
2017
|
|
2016
|
|
|
Identifiable Assets by Geographic Areas at December 31,
|
|
|
|
|
|
|
|
|
|
|
|
USA and Rest of the world
|
|
$
|
100,681
|
|
$
|
97,481
|
|
$
|
108,568
|
|
|
Canada
|
|
|
7,290
|
|
|
7,209
|
|
|
7,684
|
|
|
Total
|
|
$
|
107,971
|
|
$
|
104,690
|
|
$
|
116,252
|
|
|
| Schedule of segment reporting information |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31,
|
|
|
|
2018
|
|
2017
|
|
2016
|
|
Revenue:
|
|
|
|
|
|
|
|
|
|
|
Lifeboat Distribution
|
|
$
|
163,564
|
|
$
|
141,708
|
|
$
|
137,113
|
|
TechXtend
|
|
|
17,880
|
|
|
18,859
|
|
|
27,496
|
|
|
|
|
181,444
|
|
|
160,567
|
|
|
164,609
|
|
Gross Profit:
|
|
|
|
|
|
|
|
|
|
|
Lifeboat Distribution
|
|
$
|
23,441
|
|
$
|
23,183
|
|
$
|
22,349
|
|
TechXtend
|
|
|
3,479
|
|
|
3,893
|
|
|
4,982
|
|
|
|
|
26,920
|
|
|
27,076
|
|
|
27,331
|
|
Direct Costs:
|
|
|
|
|
|
|
|
|
|
|
Lifeboat Distribution
|
|
$
|
8,920
|
|
$
|
7,952
|
|
$
|
7,478
|
|
TechXtend
|
|
|
1,707
|
|
|
1,879
|
|
|
2,098
|
|
|
|
|
10,627
|
|
|
9,831
|
|
|
9,576
|
|
Segment Income Before Taxes: (1)
|
|
|
|
|
|
|
|
|
|
|
Lifeboat Distribution
|
|
$
|
14,521
|
|
$
|
15,231
|
|
$
|
14,871
|
|
TechXtend
|
|
|
1,772
|
|
|
2,014
|
|
|
2,884
|
|
Segment Income Before Taxes
|
|
|
16,293
|
|
|
17,245
|
|
|
17,755
|
|
|
|
|
|
|
|
|
|
|
|
|
General and administrative
|
|
$
|
9,692
|
|
$
|
9,432
|
|
$
|
9,139
|
|
Separation expenses
|
|
|
2,446
|
|
|
—
|
|
|
—
|
|
Interest, net
|
|
|
907
|
|
|
699
|
|
|
318
|
|
Foreign currency transaction gains (loss)
|
|
|
55
|
|
|
41
|
|
|
(1)
|
|
Income before taxes
|
|
$
|
5,117
|
|
$
|
8,553
|
|
$
|
8,933
|
(1) Excludes general corporate expenses including separation, interest, and foreign currency translation expenses.
The following table presents historical information by segment adjusted as if the standard had been adopted on January 1, 2016 for all periods presented.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, 2017
|
|
Year ended December 31, 2016
|
|
|
|
As
|
|
Impact
|
|
As
|
|
As
|
|
Impact
|
|
As
|
|
|
|
Reported
|
|
of Adoption
|
|
|
Adjusted
|
|
|
Reported
|
|
of Adoption
|
|
|
Adjusted
|
|
Lifeboat Distribution Segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales
|
|
$
|
417,427
|
|
$
|
(275,719)
|
|
$
|
141,708
|
|
|
$
|
369,519
|
|
$
|
(232,406)
|
|
$
|
137,113
|
|
Cost of sales
|
|
|
394,244
|
|
|
(275,719)
|
|
|
118,525
|
|
|
|
347,170
|
|
|
(232,406)
|
|
|
114,764
|
|
Gross profit
|
|
$
|
23,183
|
|
$
|
—
|
|
$
|
23,183
|
|
|
$
|
22,349
|
|
$
|
—
|
|
$
|
22,349
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TechXtend Segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales
|
|
$
|
31,952
|
|
$
|
(13,093)
|
|
$
|
18,859
|
|
|
$
|
48,612
|
|
$
|
(21,116)
|
|
$
|
27,496
|
|
Cost of sales
|
|
|
28,059
|
|
|
(13,093)
|
|
|
14,966
|
|
|
|
43,630
|
|
|
(21,116)
|
|
|
22,514
|
|
Gross profit
|
|
$
|
3,893
|
|
$
|
—
|
|
$
|
3,893
|
|
|
$
|
4,982
|
|
$
|
—
|
|
$
|
4,982
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31,
|
|
|
Selected Assets by Segment:
|
|
2018
|
|
2017
|
|
|
|
|
|
|
|
|
|
|
|
Lifeboat Distribution
|
|
$
|
77,610
|
|
$
|
73,794
|
|
|
TechXtend
|
|
|
11,542
|
|
|
21,451
|
|
|
Segment Select Assets
|
|
|
89,152
|
|
|
95,245
|
|
|
Corporate Assets
|
|
|
18,819
|
|
|
9,445
|
|
|
Total Assets
|
|
$
|
107,971
|
|
$
|
104,690
|
|
|
| Summary of disaggregation of segment revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Disaggregation of revenue:
|
|
Year ended December 31,
|
|
|
|
2018
|
|
2017
|
|
2016
|
|
Lifeboat Distribution
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hardware, software and other products
|
|
$
|
148,570
|
|
$
|
126,738
|
|
$
|
124,377
|
|
Software - security & highly interdependent with support
|
|
|
6,087
|
|
|
5,465
|
|
|
4,338
|
|
Maintenance, support & other services
|
|
|
8,907
|
|
|
9,505
|
|
|
8,398
|
|
Net Sales
|
|
$
|
163,564
|
|
$
|
141,708
|
|
$
|
137,113
|
|
|
|
|
|
|
|
|
|
|
|
|
TechXtend
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hardware, software and other products
|
|
$
|
16,300
|
|
$
|
17,182
|
|
$
|
24,572
|
|
Software - security & highly interdependent with support
|
|
|
440
|
|
|
474
|
|
|
578
|
|
Maintenance, support & other services
|
|
|
1,140
|
|
|
1,203
|
|
|
2,346
|
|
Net Sales
|
|
$
|
17,880
|
|
$
|
18,859
|
|
$
|
27,496
|
|