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Note 2 - Acquisitions and Divestiture (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

		Purchase Price Allocation
Cash		$	815
Accounts receivable			872
Inventory			494
Other current assets			24
Property, plant, and equipment			1,018
Customer lists			250
Intellectual property			300
Non-compete agreement			50
Goodwill			2,564
Total assets acquired			6,387
Accounts payable			(41	)
Accrued expenses			(519	)
Total liabilities assumed			(560	)
Total assets acquired, net of liabilities assumed			5,827
Less: cash acquired			(815	)
Purchase price, net of cash acquired		$	5,012

		Purchase Price Allocation
Cash		$	3,000
Accounts receivable			17,138
Inventory			9,229
Other current assets			210
Property, plant, and equipment			1,149
Customer lists			46,667
Intellectual property			8,245
Non-compete agreement			661
Lease right of use assets			2,129
Goodwill			35,628
Total assets acquired			124,056
Accounts payable			(1,103	)
Accrued expenses			(7,092	)
Lease liabilities			(2,129	)
Total liabilities assumed			(10,324	)
Total assets acquired, net of liabilities assumed			113,732
Less: cash acquired			(3,000	)
Purchase price, net of cash acquired		$	110,732

		Purchase Price Allocation
Cash		$	3,817
Accounts receivable			1,506
Inventory			1,969
Other current assets			115
Property, plant, and equipment			824
Customer lists			4,209
Intellectual property			9,707
Non-compete agreement			186
Lease right of use assets			166
Goodwill			17,135
Total assets acquired			39,634
Accounts payable			(215	)
Accrued expenses			(215	)
Lease liabilities			(166	)
Total liabilities assumed			(596	)
Total assets acquired, net of liabilities assumed			39,038
Less: cash acquired			(3,817	)
Net assets acquired, net of cash acquired		$	35,221

		Purchase Price Allocation
Cash		$	3,381
Accounts receivable			2,237
Inventory			1,150
Other current assets			204
Property, plant, and equipment			976
Customer lists			14,206
Intellectual property			2,760
Non-compete agreement			333
Tradename			690
Lease right of use assets			1,723
Equity Method Investment			6,969
Goodwill			22,925
Total assets acquired			57,554
Accounts payable			(1,890	)
Accrued expenses			(535	)
Deferred taxes			(2,322	)
Lease liabilities			(1,723	)
Total liabilities assumed			(6,470	)
Total assets acquired, net of liabilities assumed			51,084
Less: cash acquired			(3,381	)
Purchase price, net of cash acquired		$	47,703

		Purchase Price Allocation
Cash		$	2,840
Accounts receivable			2,299
Inventory			2,410
Other current assets			213
Property, plant, and equipment			5,704
Customer lists			2,925
Intellectual property			2,127
Non-compete agreement			259
Lease right of use assets			289
Other assets			41
Goodwill			7,140
Total assets acquired		$	26,247
Accounts payable			(772	)
Accrued expenses			(668	)
Income taxes			(66	)
Deferred taxes			(449	)
Lease liabilities			(289	)
Total liabilities assumed			(2,244	)
Total assets acquired, net of liabilities assumed			24,003
Less: cash acquired			(2,840	)
Purchase price, net of cash acquired		$	21,163

Business Acquisition, Pro Forma Information [Table Text Block]

		Year Ended December 31,
		2024				2023
		(Unaudited)				(Unaudited)
Sales		$	579,564			$	505,840
Operating Income		$	92,539			$	67,966
Net Income		$	64,011			$	45,151
Earnings per share:
Basic		$	8.35			$	5.92
Diluted		$	8.22			$	5.86

		Year Ended
		December 31, 2022
		(Unaudited)
Sales		$	358,196
Operating Income		$	56,321
Net income		$	42,311
Earnings per share:
Basic		$	5.59
Diluted		$	5.52