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Note 10 - Segment Reporting
 3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

(10)    Segment Reporting

 

The Company consists of a single operating and reportable segment.

 

Revenues from customers outside of the United States are not material. No customer comprised more than 10% of the Company’s consolidated revenues for the three-month periods ended March 31, 2021 and 2020. At March 31, 2021 and December 31, 2020, one customer represented approximately 12.4% and 13.3% of gross accounts receivable, respectively. All of the Company’s assets are located in the United States.

 

The Company’s products are primarily sold to customers within the Medical, Consumer, Automotive, Aerospace & Defense, Industrial, and Electronics markets. Net sales by market for the three-month periods ended March 31, 2021 and 2020 are as follows (in thousands):

 

 

  

Three Months Ended March 31,

  

2021

   2020 (1)

Market

 

Net Sales

  

%

  

Net Sales

   %
                

Medical

 $29,863   61.4% $33,732   69.9%

Consumer

  5,596   11.5%  3,453   7.2%

Automotive

  4,646   9.6%  4,602   9.5%

Aerospace & Defense

  4,631   9.5%  2,752   5.7%

Industrial

  2,098   4.3%  1,910   4.0%

Electronics

  1,765   3.6%  1,828   3.8%

Net Sales

 $48,599   100.0% $48,277   100.0%

 

 

(1)

Certain amounts for the three months ended March 31, 2020 were reclassified between markets to conform to the current period presentation.