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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2026
Segment Information |
Segment information applicable to reportable operating segments | Segment information applicable to the Company’s operating segments and the related reconciliations to consolidated amounts for the three and six months ended June 30, 2026 and 2025 are shown below (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, 2026
​ | ​ | Enterprise Solutions | ​ ​ ​ | Business Solutions | ​ | Public Sector Solutions | ​ ​ ​ | Total
Net sales | ​ ​ ​ | $ | 369,620 | ​ | $ | 343,870 | ​ | $ | 140,506 | ​ | $ | 853,996
Cost of sales | ​ |  | 314,475 | ​ |  | 264,789 | ​ |  | 117,260 | ​ | ​ | ​
Personnel costs | ​ |  | 18,026 | ​ |  | 17,900 | ​ |  | 9,209 | ​ | ​ | ​
Marketing | ​ | ​ | 1,591 | ​ | ​ | 4,540 | ​ | ​ | 1,246 | ​ | ​ | ​
Allocated corporate overhead | ​ | ​ | 18,955 | ​ | ​ | 22,796 | ​ | ​ | 11,398 | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | 149 | ​ | ​ | 104 | ​ | ​ | 9 | ​ | ​ | ​
Other segment expenses1 | ​ | ​ | 1,359 | ​ | ​ | 2,010 | ​ | ​ | 1,468 | ​ | ​ | ​
Operating income (loss) | ​ | $ | 15,065 | ​ | $ | 31,731 | ​ | $ | (84) | ​ | $ | 46,712
Unallocated Headquarters/Other expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (3,700)
Interest income, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 2,525
Income before taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 45,537
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended June 30, 2025
​ | ​ | Enterprise Solutions | ​ ​ ​ | Business Solutions | ​ | Public Sector Solutions | ​ ​ ​ | Total
Net sales | ​ ​ ​ | $ | 326,011 | ​ | $ | 293,168 | ​ | $ | 140,514 | ​ | $ | 759,693
Cost of sales | ​ |  | 278,389 | ​ |  | 224,319 | ​ |  | 119,219 | ​ | ​ | ​
Personnel costs | ​ |  | 16,995 | ​ |  | 17,662 | ​ |  | 9,273 | ​ | ​ | ​
Marketing | ​ | ​ | 787 | ​ | ​ | 2,564 | ​ | ​ | 575 | ​ | ​ | ​
Allocated corporate overhead | ​ | ​ | 18,069 | ​ | ​ | 21,521 | ​ | ​ | 10,761 | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | 195 | ​ | ​ | 155 | ​ | ​ | 22 | ​ | ​ | ​
Other segment expenses1 | ​ | ​ | 1,230 | ​ | ​ | 1,383 | ​ | ​ | 2,796 | ​ | ​ | ​
Operating income (loss) | ​ | $ | 10,346 | ​ | $ | 25,564 | ​ | $ | (2,132) | ​ | $ | 33,778
Unallocated Headquarters/Other expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (2,881)
Interest income, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 3,216
Income before taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 34,113
​
| 1) | Other segment expenses for each of the reportable segments include service contracts/subscriptions, professional fees, facilities operations, credit card fees, and other miscellaneous expenses.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six Months Ended June 30, 2026
​ | ​ | Enterprise Solutions | ​ ​ ​ | Business Solutions | ​ | Public Sector Solutions | ​ ​ ​ | Total
Net sales | ​ ​ ​ | $ | 716,091 | ​ | $ | 619,432 | ​ | $ | 240,339 | ​ | $ | 1,575,862
Cost of sales | ​ |  | 610,721 | ​ |  | 472,848 | ​ |  | 202,083 | ​ | ​ | ​
Personnel costs | ​ |  | 35,939 | ​ |  | 35,853 | ​ |  | 17,011 | ​ | ​ | ​
Marketing | ​ | ​ | 3,346 | ​ | ​ | 7,774 | ​ | ​ | 1,984 | ​ | ​ | ​
Allocated corporate overhead | ​ | ​ | 37,718 | ​ | ​ | 45,370 | ​ | ​ | 22,683 | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | 346 | ​ | ​ | 258 | ​ | ​ | 25 | ​ | ​ | ​
Other segment expenses1 | ​ | ​ | 2,255 | ​ | ​ | 3,713 | ​ | ​ | 2,691 | ​ | ​ | ​
Operating income (loss) | ​ | $ | 25,766 | ​ | $ | 53,616 | ​ | $ | (6,138) | ​ | $ | 73,244
Unallocated Headquarters/Other expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (10,007)
Interest income, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 5,888
Income before taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 69,125
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Segment assets | ​ | $ | 797,889 | ​ | $ | 693,380 | ​ | $ | 102,459 | ​ | $ | 1,593,728
Headquarters/Other assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (166,094)
Consolidated assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,427,634
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six Months Ended June 30, 2025
​ | ​ | Enterprise Solutions | ​ ​ ​ | Business Solutions | ​ | Public Sector Solutions | ​ ​ ​ | Total
Net sales | ​ ​ ​ | $ | 624,014 | ​ | $ | 551,553 | ​ | $ | 285,172 | ​ | $ | 1,460,739
Cost of sales | ​ |  | 534,094 | ​ |  | 417,297 | ​ |  | 244,271 | ​ | ​ | ​
Personnel costs | ​ |  | 33,165 | ​ |  | 35,437 | ​ |  | 18,859 | ​ | ​ | ​
Marketing | ​ | ​ | 2,884 | ​ | ​ | 7,403 | ​ | ​ | 1,659 | ​ | ​ | ​
Allocated corporate overhead | ​ | ​ | 36,359 | ​ | ​ | 42,997 | ​ | ​ | 21,499 | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | 387 | ​ | ​ | 310 | ​ | ​ | 45 | ​ | ​ | ​
Other segment expenses1 | ​ | ​ | 2,277 | ​ | ​ | 4,128 | ​ | ​ | 4,313 | ​ | ​ | ​
Operating income (loss) | ​ | $ | 14,848 | ​ | $ | 43,981 | ​ | $ | (5,474) | ​ | $ | 53,355
Unallocated Headquarters/Other expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (7,936)
Interest income, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 7,116
Other income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 76
Income before taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 52,611
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Segment assets | ​ | $ | 753,931 | ​ | $ | 591,894 | ​ | $ | 88,650 | ​ | $ | 1,434,475
Headquarters/Other assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (165,198)
Consolidated assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 1,269,277
​
| 1) | Other segment expenses for each of the reportable segments include service contracts/subscriptions, professional fees, facilities operations, credit card fees, and other miscellaneous expenses.

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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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