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Revenue (Tables)
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenues by Segment and Product Type

The Company’s revenues by segment and product type are as follows:

 

 

Three Months Ended June 30, 2023

 

Product Type

 

PLP-USA

 

The Americas

 

EMEA

 

Asia-Pacific

 

Consolidated

 

Energy

 

 

60

%

 

70

%

 

46

%

 

72

%

 

60

%

Communications

 

 

36

%

 

28

%

 

51

%

 

3

%

 

33

%

Special Industries

 

 

4

%

 

2

%

 

3

%

 

25

%

 

7

%

Total

 

 

100

%

 

100

%

 

100

%

 

100

%

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30, 2022

 

Product Type

 

PLP-USA

 

The Americas

 

EMEA

 

Asia-Pacific

 

Consolidated

 

Energy

 

 

58

%

 

69

%

 

51

%

 

73

%

 

60

%

Communications

 

 

38

%

 

29

%

 

43

%

 

3

%

 

32

%

Special Industries

 

 

4

%

 

2

%

 

6

%

 

24

%

 

8

%

Total

 

 

100

%

 

100

%

 

100

%

 

100

%

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2023

 

Product Type

 

PLP-USA

 

The Americas

 

EMEA

 

Asia-Pacific

 

Consolidated

 

Energy

 

 

59

%

 

69

%

 

40

%

 

71

%

 

58

%

Communications

 

 

37

%

 

29

%

 

57

%

 

3

%

 

35

%

Special Industries

 

 

4

%

 

2

%

 

3

%

 

26

%

 

7

%

Total

 

 

100

%

 

100

%

 

100

%

 

100

%

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30, 2022

 

Product Type

 

PLP-USA

 

The Americas

 

EMEA

 

Asia-Pacific

 

Consolidated

 

Energy

 

 

57

%

 

71

%

 

53

%

 

70

%

 

60

%

Communications

 

 

39

%

 

27

%

 

40

%

 

2

%

 

32

%

Special Industries

 

 

4

%

 

2

%

 

7

%

 

28

%

 

8

%

Total

 

 

100

%

 

100

%

 

100

%

 

100

%

 

100

%

Schedule of Change in Allowance for Credit Losses . The change in the allowance for credit losses includes expense and net write-offs, which are identified in the following table:

 

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

Allowance for credit losses, beginning of period

 

$

5,021

 

 

$

3,091

 

Additions charged to costs and expenses

 

 

1,132

 

 

 

1,341

 

Write-offs

 

 

(21

)

 

 

(237

)

Foreign exchange and other

 

 

80

 

 

 

(24

)

Allowance for credit losses, end of period

 

$

6,212

 

 

$

4,171