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Note 3 - Acquisition and Divestiture (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] |
|  | Preliminary |  |
|  | Acquisition Date |  |
|  | Fair Values |  |
|  | (as adjusted) |  |
Cash |  | $ | 3,590 |  |
Accounts receivable |  |  | 21,088 |  |
Inventories |  |  | 42,271 |  | (a)
Other current assets |  |  | 4,144 |  |
Property, plant and equipment |  |  | 9,357 |  | (b)
Intangible assets |  |  | 189,700 |  | (c)
Other assets |  |  | 3,496 |  |
Total identifiable assets |  |  | 273,646 |  |
Accounts payable |  |  | 9,585 |  |
Accrued expenses |  |  | 6,670 |  |
Other current liabilities |  |  | 5,104 |  |
Noncurrent liabilities |  |  | 30,522 |  | (d)
Total liabilities assumed |  |  | 51,881 |  |
Net identifiable assets acquired |  |  | 221,765 |  |
Goodwill |  |  | 182,905 |  | (e)
Net assets acquired |  | $ | 404,670 |  |
Cash paid |  |  | 324,071 |  |
Fair value of contingent consideration |  |  | 3,300 |  |
Fair value of noncontrolling interest |  |  | 72,354 |  | (f)
Fair value of seller note |  |  | 4,945 |  | (g)
Fair value of consideration transferred |  |  | 404,670 |  |
Deferred consideration |  |  | (80,599 | ) |
Total consideration paid |  | $ | 324,071 |  |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block] |
|  | Acquisition Date |  | Weighted Average
|  | Fair Value |  | Amortization Period
Trademarks |  | $ | 21,900 |  | Indefinite
Customer relationships |  |  | 130,300 |  | 17 years
Technology |  |  | 37,500 |  | 15 years
Total intangible assets acquired |  | $ | 189,700 |  |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | Year Ended |
|  | December 31, |
|  | 2024 |  |  | 2023 |
Revenue, net |  | $ | 632,130 |  |  | $ | 735,522 |
Net earnings |  |  | 56,154 |  |  |  | 56,448 |
Less: Net earnings attributable to non-controlling interest |  |  | 4,131 |  |  |  | 1,176 |
Net earnings attributable to Bel Fuse |  |  | 52,023 |  |  |  | 55,272 |
Earnings per Class A common share - basic and diluted |  |  | 3.94 |  |  |  | 4.13 |
Earnings per Class B common share - basic and diluted |  |  | 4.16 |  |  |  | 4.37 |
Disposal Groups, Including Discontinued Operations [Table Text Block] |
|  | Total |
Cash and cash equivalents |  | $ | 2,072 |
Accounts receivable |  |  | 1,030 |
Inventories |  |  | 1,310 |
Property, plant and equipment |  |  | 326 |
Other assets |  |  | 48 |
Accounts payable |  |  | (441 | )
Accrued expenses |  |  | (126 | )
Income taxes payable |  |  | (100 | )
Other current liabilities |  |  | (13 | )
Other long-term liabilities |  |  | (23 | )
Total net assets transferred |  |  | 4,083 |
Consideration received |  |  | 5,063 |
Gain on sale recognized |  | $ | 980 |

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