XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.20.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Segment Information |
Schedule of segment reporting information |
|  | (Unaudited) |  | (Unaudited)
|  | Six months ended June 30, |  | Three months ended June 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Climb Channel Solutions |  | $ | 111,479 |  | $ | 87,376 |  | $ | 54,213 |  | $ | 47,320
TechXtend |  |  | 7,727 |  |  | 8,158 |  |  | 2,373 |  |  | 3,356
|  |  | 119,206 |  |  | 95,534 |  |  | 56,586 |  |  | 50,676
Gross Profit: |  |  |  |  |  |  |  |  |  |  |  |
Climb Channel Solutions |  | $ | 13,806 |  | $ | 13,322 |  | $ | 6,643 |  | $ | 7,124
TechXtend |  |  | 1,473 |  |  | 1,731 |  |  | 471 |  |  | 695
|  |  | 15,279 |  |  | 15,053 |  |  | 7,114 |  |  | 7,819
Direct Costs: |  |  |  |  |  |  |  |  |  |  |  |
Climb Channel Solutions |  | $ | 5,371 |  | $ | 5,039 |  | $ | 2,734 |  | $ | 2,555
TechXtend |  |  | 717 |  |  | 808 |  |  | 255 |  |  | 370
|  |  | 6,088 |  |  | 5,847 |  |  | 2,989 |  |  | 2,925
Segment Income Before Taxes: (1) |  |  |  |  |  |  |  |  |  |  |  |
Climb Channel Solutions |  | $ | 8,435 |  | $ | 8,283 |  | $ | 3,909 |  | $ | 4,569
TechXtend |  |  | 756 |  |  | 923 |  |  | 216 |  |  | 325
Segment Income Before Taxes |  |  | 9,191 |  |  | 9,206 |  |  | 4,125 |  |  | 4,894
General and administrative |  | $ | 5,024 |  | $ | 5,241 |  | $ | 2,623 |  | $ | 2,647
Legal and financial advisory expenses - unsolicited bid and related matters |  |  | 1,833 |  |  | — |  |  | 509 |  |  | —
Acquisition related costs |  |  | 638 |  |  | — |  |  | 235 |  |  | —
Interest, net |  |  | 86 |  |  | 298 |  |  | 24 |  |  | 129
Foreign currency transaction gain |  |  | 276 |  |  | 91 |  |  | 161 |  |  | 29
Income before taxes |  | $ | 2,058 |  | $ | 4,354 |  | $ | 943 |  | $ | 2,405
| (1) |  | Excludes general corporate expenses including interest and foreign currency translation expenses.
|  | (Unaudited) |  |  |
|  | As of |  | As of |
|  | June 30, |  | December 31, |
Selected Assets by Segment: |  | 2020 |  | 2019 |
Climb Channel Solutions |  | $ | 74,302 |  | $ | 99,602 |
TechXtend |  |  | 3,306 |  |  | 5,603 |
Segment Select Assets |  |  | 77,608 |  |  | 105,205 |
Corporate Assets |  |  | 58,306 |  |  | 21,076 |
Total Assets |  | $ | 135,914 |  | $ | 126,281 |
Summary of disaggregation of segment revenue |
|  | Six months ended |  | Three months ended |
|  | (Unaudited) |  | (Unaudited) |
Disaggregation of Revenue: |  | June 30, |  | June 30, |  | June 30, |  | June 30, |
|  | 2020 |  | 2019 |  | 2020 |  | 2019 |
Climb Channel Solutions |  |  |  |  |  |  |  |  |  |  |  |  |
Hardware, software and other products |  | $ | 102,332 |  | $ | 78,660 |  | $ | 49,838 |  | $ | 42,807 |
Software - security & highly interdependent with support |  |  | 3,733 |  |  | 3,494 |  |  | 1,807 |  |  | 1,656 |
Maintenance, support & other services |  |  | 5,414 |  |  | 5,222 |  |  | 2,568 |  |  | 2,857 |
Net Sales |  | $ | 111,479 |  | $ | 87,376 |  | $ | 54,213 |  | $ | 47,320 |
TechXtend |  |  |  |  |  |  |  |  |  |  |  |  |
Hardware, software and other products |  | $ | 7,248 |  | $ | 7,314 |  | $ | 2,159 |  | $ | 2,977 |
Software - security & highly interdependent with support |  |  | 47 |  |  | 126 |  |  | 19 |  |  | 71 |
Maintenance, support & other services |  |  | 432 |  |  | 718 |  |  | 195 |  |  | 308 |
Net Sales |  | $ | 7,727 |  | $ | 8,158 |  | $ | 2,373 |  | $ | 3,356 |

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue by segment. + References No definition available. + Details
Name: | wstg_SummaryOfDisaggregationOfSegmentRevenueTableTextBlock
Namespace Prefix: | wstg_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration