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Note 11 - Segment Reporting
 6 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

(11)

Segment Reporting

 

The Company consists of a single operating and reportable segment.  

 

One customer comprised 20.2% and 17.8% of the Company’s consolidated revenues for the three- and six-month periods ended June 30, 2022, respectively.  No customer comprised more than 10% of the Company’s consolidated revenues for the same periods in 2021.  At June 30, 2022, one customer represented approximately 10% of gross accounts receivable. At December 31, 2021, no customer exceeded 10% of gross accounts receivable. 

 

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- and six-month periods ended June 30, 2022 and 2021 are as follows (in thousands):

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  2022 2021 (1)  2022 2021 (1) 

Market

 

Net Sales

  

%

  

Net Sales

  

%

  

Net Sales

  

%

  

Net Sales

  

%

 
                                 

Medical

 $74,290   78.7% $32,606   64.4% $126,873   76.6% $62,711   63.2%

Consumer

  6,767   7.2%  6,080   12.0%  12,545   7.6%  11,676   11.8%

Automotive

  4,351   4.6%  3,567   7.0%  8,702   5.3%  8,214   8.3%

Aerospace & Defense

  3,751   4.0%  4,376   8.6%  7,507   4.5%  8,755   8.8%

Industrial

  2,665   2.8%  2,230   4.4%  5,176   3.0%  4,345   4.3%

Electronics

  2,519   2.7%  1,796   3.6%  4,782   3.0%  3,553   3.6%

Net Sales

 $94,343   100.0% $50,655   100.0% $165,585   100.0% $99,254   100.0%

 

 

(1)

Certain amounts for the three and six months ended June 30, 2021 were reclassified between markets to conform to the current period presentation.