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Note 2 - Acquisitions (Tables)

6 Months Ended

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

X

- Definition

Tabular disclosure of pro forma revenue and earnings for business combination or aggregate of series of individually immaterial business combinations.

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