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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2021
Segment Information |
Schedule of segment reporting information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six months ended | ​ | Three months ended
​ | ​ | June 30, | ​ | June 30,
​ | ​ | 2021 |  | 2020 |  | 2021 |  | 2020
Revenue: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Distribution | ​ | $ | 124,692 | ​ | $ | 111,479 | ​ | $ | 69,872 | ​ | $ | 54,213
Solutions | ​ |  | 13,471 | ​ |  | 7,727 | ​ |  | 5,478 | ​ |  | 2,373
​ | ​ |  | 138,163 | ​ |  | 119,206 | ​ |  | 75,350 | ​ |  | 56,586
Gross Profit: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Distribution | ​ | $ | 16,688 | ​ | $ | 13,806 | ​ | $ | 8,814 | ​ | $ | 6,643
Solutions | ​ |  | 5,134 | ​ |  | 1,473 | ​ |  | 2,165 | ​ |  | 471
​ | ​ |  | 21,822 | ​ |  | 15,279 | ​ |  | 10,979 | ​ |  | 7,114
Direct Costs: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Distribution | ​ | $ | 7,590 | ​ | $ | 5,371 | ​ | $ | 3,677 | ​ | $ | 2,734
Solutions | ​ |  | 2,528 | ​ |  | 717 | ​ |  | 1,120 | ​ |  | 255
​ | ​ |  | 10,118 | ​ |  | 6,088 | ​ |  | 4,797 | ​ |  | 2,989
Segment Income Before Taxes: (1) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Distribution | ​ | $ | 9,098 | ​ | $ | 8,435 | ​ | $ | 5,137 | ​ | $ | 3,909
Solutions | ​ |  | 2,606 | ​ |  | 756 | ​ |  | 1,045 | ​ |  | 216
Segment Income Before Taxes | ​ |  | 11,704 | ​ |  | 9,191 | ​ |  | 6,182 | ​ |  | 4,125
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
General and administrative | ​ | $ | 6,433 | ​ | $ | 4,785 | ​ | $ | 3,341 | ​ | $ | 2,480
Legal and financial advisory expenses, net - unsolicited bid and related matters | ​ | ​ | — | ​ | ​ | 1,833 | ​ | ​ | — | ​ | ​ | 509
Acquisition related costs | ​ | ​ | — | ​ | ​ | 638 | ​ | ​ | — | ​ | ​ | 235
Amortization and depreciation expense | ​ | ​ | 796 | ​ | ​ | 239 | ​ | ​ | 398 | ​ | ​ | 143
Interest, net | ​ |  | 301 | ​ |  | 86 | ​ | ​ | 291 | ​ | ​ | 24
Foreign currency transaction (loss) gain | ​ | ​ | (66) | ​ | ​ | 276 | ​ |  | 25 | ​ |  | 161
Income before taxes | ​ | $ | 4,710 | ​ | $ | 2,058 | ​ | $ | 2,759 | ​ | $ | 943
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
(1) | Excludes general corporate expenses including interest and foreign currency transaction (loss) gain.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |
​ | ​ | As of | ​ | As of | ​
​ | ​ | June 30, | ​ | December 31, | ​
Selected Assets by Segment: | ​ | 2021 | ​ | 2020 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Distribution | ​ | $ | 110,962 | ​ | $ | 100,841 | ​
Solutions | ​ |  | 6,414 | ​ |  | 7,304 | ​
Segment Select Assets | ​ |  | 117,376 | ​ |  | 108,145 | ​
Goodwill and Intangible Assets | ​ | ​ | 20,333 | ​ | ​ | 19,592 | ​
Corporate Assets | ​ |  | 32,182 | ​ |  | 37,796 | ​
Total Assets | ​ | $ | 169,891 | ​ | $ | 165,533 | ​
​
Summary of disaggregation of revenue according to revenue type | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Six months ended |  | Three months ended
​ | ​ | June 30, 2021 | ​ | June 30, 2021
​ | ​ | Distribution |  | Solutions | ​ | Total | ​ | Distribution |  | Solutions | ​ | Total
Geography | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​
USA | ​ | $ | 99,049 | ​ | $ | 7,164 | ​ | $ | 106,213 | ​ | $ | 57,964 | ​ | $ | 2,185 | ​ | $ | 60,149
Europe and United Kingdom | ​ |  | 12,969 | ​ |  | 5,571 | ​ |  | 18,540 | ​ |  | 5,724 | ​ |  | 2,827 | ​ |  | 8,551
Canada | ​ |  | 12,674 | ​ |  | 736 | ​ |  | 13,410 | ​ |  | 6,184 | ​ |  | 466 | ​ |  | 6,650
Total net sales | ​ | $ | 124,692 | ​ | $ | 13,471 | ​ | $ | 138,163 | ​ | $ | 69,872 | ​ | $ | 5,478 | ​ | $ | 75,350
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Timing of Revenue Recognition | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​
Transferred at a point in time where the Company is principal (1) | ​ | $ | 113,240 | ​ | $ | 9,897 | ​ | $ | 123,137 | ​ | $ | 63,882 | ​ | $ | 3,746 | ​ | $ | 67,628
Transferred at a point in time where the Company is agent (2) | ​ |  | 11,452 | ​ |  | 3,574 | ​ |  | 15,026 | ​ |  | 5,990 | ​ |  | 1,732 | ​ |  | 7,722
Total net sales | ​ | $ | 124,692 | ​ | $ | 13,471 | ​ | $ | 138,163 | ​ | $ | 69,872 | ​ | $ | 5,478 | ​ | $ | 75,350
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Six months ended |  | Three months ended
​ | ​ | June 30, 2020 | ​ | June 30, 2020
​ | ​ | Distribution |  | Solutions | ​ | Total | ​ | Distribution |  | Solutions | ​ | Total
Geography | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​
USA | ​ | $ | 100,873 | ​ | $ | 6,698 | ​ | $ | 107,571 | ​ | $ | 47,767 | ​ | $ | 1,900 | ​ | $ | 49,667
Europe and United Kingdom | ​ |  | 4,534 | ​ |  | — | ​ |  | 4,534 | ​ |  | 2,758 | ​ |  | — | ​ |  | 2,758
Canada | ​ |  | 6,072 | ​ |  | 1,029 | ​ |  | 7,101 | ​ |  | 3,688 | ​ |  | 473 | ​ |  | 4,161
Total net sales | ​ | $ | 111,479 | ​ | $ | 7,727 | ​ | $ | 119,206 | ​ | $ | 54,213 | ​ | $ | 2,373 | ​ | $ | 56,586
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Timing of Revenue Recognition | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ | ​
Transferred at a point in time where the Company is principal (1) | ​ | $ | 102,333 | ​ | $ | 7,249 | ​ | $ | 109,582 | ​ | $ | 49,838 | ​ | $ | 2,159 | ​ | $ | 51,997
Transferred at a point in time where the Company is agent (2) | ​ |  | 9,146 | ​ |  | 478 | ​ |  | 9,624 | ​ |  | 4,375 | ​ |  | 214 | ​ |  | 4,589
Total net sales | ​ | $ | 111,479 | ​ | $ | 7,727 | ​ | $ | 119,206 | ​ | $ | 54,213 | ​ | $ | 2,373 | ​ | $ | 56,586
​
(1) | Includes net sales from third-party hardware and software products.
​
(2) | Includes net sales from third-party maintenance, software support and services.
Schedule of net sales to identifiable assets by geographic areas | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, | ​ | December 31, |
Identifiable Assets by Geographic Areas | ​ | 2021 |  | 2020 | ​
USA | ​ | $ | 108,515 | ​ | $ | 114,126 | ​
Canada | ​ | ​ | 20,506 | ​ | ​ | 18,514 | ​
Europe and United Kingdom | ​ | ​ | 20,537 | ​ | ​ | 13,301 | ​
Unallocated | ​ |  | 20,333 | ​ |  | 19,592 | ​
Total | ​ | $ | 169,891 | ​ | $ | 165,533 | ​

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