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Segment Data (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Significant Segment Expenses

The Company has identified the following

significant segment expenses (SSEs) due to their relevance to the overall consolidated operating results (in thousands):

			Three months ended September 30,												Nine months ended September 30,
			2025						2024						2025						2024
Net sales from external customers			$	154,558					$	145,165					$	453,882					$	360,351
Significant segment expenses:
Materials			62,581						61,503						186,457						157,946
Salaries and Benefits			46,984						38,936						133,857						94,122
Depreciation and amortization			4,874						4,027						14,227						10,058
Interest expense, net			2,393						3,475						7,873						4,683
Other segment items (a)			16,662						16,005						48,497						39,616
Income before income tax provision			21,064						21,219						62,971						53,926
Income tax provision			4,681						4,858						12,224						11,320
Segment net income			$	16,383					$	16,361					$	50,747					$	42,606
Segment total assets (b)			$	652,821

(a)Other segment items include (production overhead, stock compensation, professional fees, and other SG&A expenses).

(b)See Condensed Consolidated Balance Sheet for details.

Schedule of Revenue by Major Customers by Reporting Segments

The Company’s products are primarily sold to customers within the Medical and Non-medical markets. Sales by market for the three and nine months ended September 30, 2025 and 2024 are as follows (in thousands):

						Three Months Ended September 30,																								Nine Months Ended September 30,
						2025												2024 (a)												2025												2024 (a)
Market						Net Sales						%						Net Sales						%						Net Sales						%						Net Sales						%
Medical						$	142,358					92.1%						$	132,623					91.4%						$	417,107					91.9%						$	318,079					88.3%
Non-medical						12,200						7.9%						12,542						8.6%						36,775						8.1%						42,272						11.7%
Net Sales						$	154,558					100.0%						$	145,165					100.0%						$	453,882					100.0%						$	360,351					100.0%

(a)Note – This table has been updated to conform to the current year presentation.

X

- Definition

Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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