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Note 17 - Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

 

Six months ended

  

Three months ended

 

 

June 30,

  

June 30,

 

 

2025

  

2024

  

2025

  

2024

 

Net Sales:

 

  

  

  

 

Distribution

 $285,172  $174,663  $153,010  $87,842 

Solutions

  12,156   9,835   6,274   4,234 

  297,328   184,498   159,284   92,076 

Cost of Sales:

 

  

  

  

 

Distribution

 $241,725  $144,765  $129,962  $72,159 

Solutions

  5,899   4,156   3,014   1,359 

  247,624   148,921   132,976   73,518 

Direct Costs:

 

  

  

  

 

Distribution

 $20,119  $14,912  $10,106  $7,535 

Solutions

  3,102   2,683   1,613   1,302 

  23,221   17,595   11,719   8,837 

Segment Income: (1)

 

  

  

  

 

Distribution

 $23,328  $14,986  $12,942  $8,148 

Solutions

  3,155   2,996   1,647   1,573 

Segment Income

  26,483   17,982   14,589   9,721 

 

  

  

  

 

General and administrative

 $9,891  $7,901  $4,638  $4,137 

Acquisition related costs

  139   592   13   469 

Depreciation and amortization expense

  3,720   1,736   1,982   865 

Interest, net

  337   557   151   354 

Foreign currency transaction (loss) gain

  (567)  (246)  14   (162)

Change in fair value of acquisition contingent consideration

  (515)     (379)   

Income before taxes

 $11,988  $8,064  $7,742  $4,442 

 

As of

  

As of

 

 

June 30,

  

December 31,

 

Selected Assets by Segment:

 

2025

  

2024

 

 

  

 

Distribution

 $343,280  $394,809 

Solutions

  23,349   21,882 

Segment Select Assets

  366,629   416,691 

Corporate Assets

  54,062   52,488 

Total Assets

 $420,691  $469,179 
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]
  

Six months ended

  

Three months ended

 
  

June 30, 2025

  

June 30, 2025

 

 

Distribution

  

Solutions

  

Total

  

Distribution

  

Solutions

  

Total

 

Geography

         

          

 

USA

 $219,450  $4,180  $223,630  $114,362  $2,226  $116,588 

Europe and United Kingdom

  50,406   7,596   58,002   31,813   3,816   35,629 

Canada

  15,316   380   15,696   6,835   232   7,067 

Total net sales

 $285,172  $12,156  $297,328  $153,010  $6,274  $159,284 

 

  

  

  

  

  

 

Timing of Revenue Recognition

         

          

 

Transferred at a point in time where the Company is principal (1)

 $259,164  $8,765  $267,929  $140,176  $4,466  $144,642 

Transferred at a point in time where the Company is agent (2)

  26,008   3,391   29,399   12,834   1,808   14,642 

Total net sales

 $285,172  $12,156  $297,328  $153,010  $6,274  $159,284 
  

Six months ended

  

Three months ended

 
  

June 30, 2024

  

June 30, 2024

 

 

Distribution

  

Solutions

  

Total

  

Distribution

  

Solutions

  

Total

 

Geography

         

          

 

USA

 $130,450  $2,989  $133,439  $68,087  $1,081  $69,168 

Europe and United Kingdom

  32,642   6,284   38,926   14,357   2,877   17,234 

Canada

  11,571   562   12,133   5,398   276   5,674 

Total net sales

 $174,663  $9,835  $184,498  $87,842  $4,234  $92,076 

 

  

  

  

  

  

 

Timing of Revenue Recognition

         

          

 

Transferred at a point in time where the Company is principal (1)

 $151,467  $5,894  $157,361  $75,735  $2,336  $78,071 

Transferred at a point in time where the Company is agent (2)

  23,196   3,941   27,137   12,107   1,898   14,005 

Total net sales

 $174,663  $9,835  $184,498  $87,842  $4,234  $92,076 
Long-Lived Assets by Geographic Areas [Table Text Block]

 

June 30,

  

December 31,

 

Identifiable Assets by Geographic Areas

 

2025

  

2024

 

USA

 $242,719  $278,957 

Canada

  29,308   34,352 

Europe and United Kingdom

  148,664   155,870 

Total

 $420,691  $469,179