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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Revenue from External Customers by Geographic Areas | Revenue and income from operations by reportable segment for the three and six months ended June 30, 2024 and 2023 were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(dollars in thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Revenue: |  |  |  |  |  |  |
United States | $ | 98,541 |  |  | $ | 96,321 |  |  | $ | 200,022 |  |  | $ | 194,067 |
Europe | 27,090 |  |  | 25,944 |  |  | 53,499 |  |  | 54,057 |
Total revenue | $ | 125,631 |  |  | $ | 122,265 |  |  | $ | 253,521 |  |  | $ | 248,124 |
Income from Operations by Geographic Area |
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Income (Loss) from Operations: |  |  |  |  |  |  |
United States | $ | 24,241 |  |  | $ | 22,053 |  |  | $ | 50,573 |  |  | $ | 42,534 |
Europe | (1,732) |  |  | (3,380) |  |  | (4,176) |  |  | (5,863) |
Corporate Unallocated and Japan | (16,510) |  |  | (13,065) |  |  | (33,571) |  |  | (27,314) |
Total Income from Operations | $ | 5,999 |  |  | $ | 5,608 |  |  | $ | 12,826 |  |  | $ | 9,357 |
Long-Lived Assets by Geographic Areas | Total long-lived assets at June 30, 2024 and December 31, 2023 were as follows:
(in thousands) | June 30, 2024 |  | December 31, 2023
Total long-lived assets: |  |  |
United States | $ | 192,873 |  |  | $ | 201,388 |
Europe | 50,837 |  |  | 52,267 |
Total Long-lived Assets | $ | 243,710 |  |  | $ | 253,655 |
Disaggregation of Revenue | Revenue by product line for the three and six months ended June 30, 2024 and 2023 were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(dollars in thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Revenue: |  |  |  |  |  |  |
Injection Molding | $ | 49,080 |  |  | $ | 48,819 |  |  | $ | 101,743 |  |  | $ | 100,767 |
CNC Machining | 51,239 |  |  | 48,297 |  |  | 101,171 |  |  | 96,401 |
3D Printing | 21,281 |  |  | 21,005 |  |  | 42,863 |  |  | 42,330 |
Sheet Metal | 3,922 |  |  | 3,939 |  |  | 7,475 |  |  | 8,187 |
Other Revenue | 109 |  |  | 205 |  |  | 269 |  |  | 439 |
Total Revenue | $ | 125,631 |  |  | $ | 122,265 |  |  | $ | 253,521 |  |  | $ | 248,124 |

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