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Note 12 - Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2023
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | Three months ended March 31, 2023 |
(In thousands) |  | Clearfield |  |  | Nestor Cables |  |  | Eliminations |  |  | Consolidated |
Revenue from external customers |  | $ | 60,451 |  |  | $ | 11,358 |  |  | $ | - |  |  | $ | 71,809 |
Revenue from internal customers (Clearfield, Inc.) |  |  | - |  |  |  | 1,737 |  |  |  | (1,737 | ) |  |  | - |
Net investment income |  |  | 1,394 |  |  |  | 1 |  |  |  | - |  |  |  | 1,395 |
Interest expense |  |  | - |  |  |  | 112 |  |  |  | - |  |  |  | 112 |
Depreciation and amortization |  |  | 1,099 |  |  |  | 359 |  |  |  | - |  |  |  | 1,458 |
Stock based compensation |  |  | 784 |  |  |  | - |  |  |  | - |  |  |  | 784 |
Income taxes |  |  | 2,873 |  |  |  | 101 |  |  |  | - |  |  |  | 2,974 |
Net income (loss) |  |  | 10,395 |  |  |  | 402 |  |  |  | (433 | ) |  |  | 10,364 |
Capital expenditures |  |  | 2,481 |  |  |  | 98 |  |  |  | - |  |  |  | 2,579 |
|  | Six months ended March 31, 2023 |
(In thousands) |  | Clearfield |  |  | Nestor Cables |  |  | Eliminations |  |  | Consolidated |
Revenue from external customers |  | $ | 138,806 |  |  | $ | 18,945 |  |  | $ | - |  |  | $ | 157,751 |
Revenue from internal customers (Clearfield, Inc.) |  |  | - |  |  |  | 2,923 |  |  |  | (2,923 | ) |  |  | - |
Net investment income |  |  | 1,694 |  |  |  | 4 |  |  |  | - |  |  |  | 1,698 |
Interest expense |  |  | 170 |  |  |  | 186 |  |  |  | - |  |  |  | 356 |
Depreciation and amortization |  |  | 2,110 |  |  |  | 712 |  |  |  | - |  |  |  | 2,822 |
Stock based compensation |  |  | 1,444 |  |  |  | - |  |  |  | - |  |  |  | 1,444 |
Income taxes |  |  | 6,646 |  |  |  | 23 |  |  |  | - |  |  |  | 6,669 |
Net income (loss) |  |  | 25,113 |  |  |  | 92 |  |  |  | (586 | ) |  |  | 24,619 |
Capital expenditures |  |  | 4,490 |  |  |  | 308 |  |  |  | - |  |  |  | 4,798 |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | March 31, 2023 |
(In thousands) |  | Clearfield |  |  | Nestor Cables |  |  | Eliminations |  |  | Consolidated |
Goodwill |  | $ | 4,709 |  |  | $ | 1,878 |  |  | $ | - |  |  | $ | 6,587 |
Total assets |  |  | 332,906 |  |  |  | 43,135 |  |  |  | (18,646 | ) |  |  | 357,395 |
|  | September 30, 2022 |
(In thousands) |  | Clearfield |  |  | Nestor Cables |  |  | Eliminations |  |  | Consolidated |
Goodwill |  | $ | 4,709 |  |  | $ | 1,693 |  |  | $ | - |  |  | $ | 6,402 |
Total assets |  |  | 214,785 |  |  |  | 31,023 |  |  |  | (16,680 | ) |  |  | 229,128 |

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