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Ventanas Solar Acquisition (Tables)

12 Months Ended

Dec. 31, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of Consolidated Financial Statements

		January 1, 2020
		Prior to acquisition				Effect of acquisition				After acquisition
Retained Earnings			16,213				(4,065	)			12,148
Total Shareholders’ Equity			187,210				(4,077	)			183,133

Certain accounts receivable due from VS to the Company during previous periods have been reclassified to shareholders’ equity as part of the retroactive consolidation.

The following table includes the financial information as originally reported and the net effect of the VS acquisition after elimination of intercompany transactions.

		December 31, 2020
		Prior to acquisition				Effect of acquisition				After acquisition
Total Assets			532,025				(1,913	)			530,112
Total Sales			374,923				1,684				376,607

Operating Income			66,120				(413	)			65,707
Income attributable to parent			24,185				(310	)			23,875
Basic income per share			0.52				0.00				0.51
Diluted income per share			0.52				0.00				0.51

The following table includes a reconciliation of the financial information for the year ended December 31, 2021 as being reported, the net effect of the VS acquisition after elimination of intercompany transactions, and the financial information that would have been, had the Company not acquired VS:

		December 31, 2021
		Prior to acquisition				Effect of acquisition				After acquisition
Total Assets			589,352				2,211				591,563
Total Sales			494,499				2,286				496,785

Operating Income			116,895				90				116,985
Income attributable to parent			68,085				66				68,151
Basic income per share			1.43				0.00				1.43
Diluted income per share			1.43				0.00				1.43