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v3.25.2

Note 2 - Acquisitions (Tables) | 6 Months Ended
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Jun. 30, 2025
Notes Tables |
Business Combination, Recognized Asset Acquired and Liability 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 |  |  | 2,559 |
Total assets acquired |  |  | 6,382 |
Accounts payable |  |  | (41 | )
Accrued expenses |  |  | (519 | )
Total liabilities assumed |  |  | (560 | )
Total assets acquired, net of liabilities assumed |  |  | 5,822 |
Less: cash acquired |  |  | (815 | )
Purchase price, net of cash acquired |  | $ | 5,007 |
|  | Purchase Price Allocation |
Cash |  | $ | 3,000 |
Accounts receivable |  |  | 17,138 |
Inventory |  |  | 9,229 |
Other current assets |  |  | 210 |
Property, plant, and equipment |  |  | 1,127 |
Customer lists |  |  | 46,667 |
Intellectual property |  |  | 8,245 |
Non-compete agreement |  |  | 661 |
Lease right of use assets |  |  | 2,129 |
Goodwill |  |  | 35,650 |
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 |
Business Combination, Pro Forma Information [Table Text Block] |
|  | Three months ended |  |  | Six months ended |
|  | June 30, 2024 |  |  | June 30, 2024 |
|  | (Unaudited) |  |  | (Unaudited) |
Sales |  | $ | 144,188 |  |  | $ | 279,349 |
Operating Income |  | $ | 22,625 |  |  | $ | 43,016 |
Net Income |  | $ | 15,434 |  |  | $ | 29,515 |
Earnings per share: |  |  |  |  |  |  |  |
Basic |  | $ | 2.01 |  |  | $ | 3.85 |
Diluted |  | $ | 1.99 |  |  | $ | 3.81 |

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