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Note 15 - Segments
9 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

15.

SEGMENTS

 

The Company operates in one industry with three reportable operating segments, which represent the Company's three product groups and a corporate segment.  The segments consist of Connectivity Solutions, Power Solutions and Protection, Magnetic Solutions and a Corporate segment.  The primary criteria by which financial performance is evaluated and resources are allocated are revenue and gross profit.  The following is a summary of key financial data:

 

  

Three Months Ended September 30, 2022

 
  

Connectivity

  

Power Solutions

  

Magnetic

  

Corporate

     
  

Solutions

  

and Protection

  

Solutions

  

Segment

  

Total

 

Revenue

 $50,253  $76,433  $51,053  $-  $177,739 

Gross Profit

  13,099   24,801   15,501   (1,867)  51,534 

Gross Profit %

  26.1%  32.4%  30.4%  nm   29.0%

 

  

Three Months Ended September 30, 2021

 
  

Connectivity

  

Power Solutions

  

Magnetic

  

Corporate

     
  

Solutions

  

and Protection

  

Solutions

  

Segment

  

Total

 

Revenue

 $40,344  $60,281  $46,341  $-  $146,966 

Gross Profit

  10,003   15,762   10,722   (513)  35,974 

Gross Profit %

  24.8%  26.1%  23.1%  nm   24.5%

 

  

Nine Months Ended September 30, 2022

 
  

Connectivity

  

Power Solutions

  

Magnetic

  

Corporate

     
  

Solutions

  

and Protection

  

Solutions

  

Segment

  

Total

 

Revenue

 $140,062  $206,247  $138,721  $-  $485,030 

Gross Profit

  37,414   60,775   37,476   (4,719)  130,946 

Gross Profit %

  26.7%  29.5%  27.0%  nm   27.0%

 

  

Nine Months Ended September 30, 2021

 
  

Connectivity

  

Power Solutions

  

Magnetic

  

Corporate

     
  

Solutions

  

and Protection

  

Solutions

  

Segment

  

Total

 

Revenue

 $121,446  $159,312  $115,593  $-  $396,351 

Gross Profit

  32,826   40,917   24,026   (2,652)  95,117 

Gross Profit %

  27.0%  25.7%  20.8%  nm   24.0%