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Note 12 - Segment Reporting (Tables) | 3 Months Ended
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Dec. 31, 2023
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | Three months ended December 31, 2023 |
|  | Clearfield |  |  | Nestor Cables |  |  | Eliminations |  |  | Consolidated |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 28,101 |  |  | $ | 6,129 |  |  | $ | - |  |  | $ | 34,230 |
Revenue from internal customers (Clearfield, Inc.) |  |  | - |  |  |  | 883 |  |  |  | (883 | ) |  |  | - |
Net investment income |  |  | 2,127 |  |  |  | 2 |  |  |  | (60 | ) |  |  | 2,069 |
Interest expense |  |  | - |  |  |  | 184 |  |  |  | (58 | ) |  |  | 126 |
Depreciation and amortization |  |  | 1,340 |  |  |  | 355 |  |  |  | - |  |  |  | 1,695 |
Stock based compensation |  |  | 1,222 |  |  |  | 49 |  |  |  | - |  |  |  | 1,271 |
Income taxes |  |  | (583 | ) |  |  | (368 | ) |  |  | - |  |  |  | (951 | )
Net loss |  |  | (3,383 | ) |  |  | (1,759 | ) |  |  | (126 | ) |  |  | (5,268 | )
Capital expenditures |  |  | 1,227 |  |  |  | 1,125 |  |  |  | - |  |  |  | 2,352 |
|  | Three months ended December 31, 2022 |
|  | Clearfield |  |  | Nestor Cables |  |  | Eliminations |  |  | Consolidated |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 78,355 |  |  | $ | 7,587 |  |  | $ | - |  |  | $ | 85,942 |
Revenue from internal customers (Clearfield, Inc.) |  |  | - |  |  |  | 1,186 |  |  |  | (1,186 | ) |  |  | - |
Net investment income |  |  | 301 |  |  |  | 2 |  |  |  | - |  |  |  | 303 |
Interest expense |  |  | 170 |  |  |  | 73 |  |  |  | - |  |  |  | 243 |
Depreciation and amortization |  |  | 1,009 |  |  |  | 344 |  |  |  | - |  |  |  | 1,353 |
Stock based compensation |  |  | 660 |  |  |  | - |  |  |  | - |  |  |  | 660 |
Income taxes |  |  | 3,773 |  |  |  | (78 | ) |  |  | - |  |  |  | 3,695 |
Net income (loss) |  |  | 14,718 |  |  |  | (310 | ) |  |  | (153 | ) |  |  | 14,255 |
Capital expenditures |  |  | 1,787 |  |  |  | 198 |  |  |  | - |  |  |  | 1,984 |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | December 31, 2023 |
|  | Clearfield |  |  | Nestor Cables |  |  | Eliminations |  |  | Consolidated |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 4,709 |  |  | $ | 1,906 |  |  | $ | - |  |  | $ | 6,615 |
Total assets |  | $ | 320,089 |  |  | $ | 39,713 |  |  | $ | (24,173 | ) |  | $ | 335,629 |
|  | December 30, 2022 |
|  | Clearfield |  |  | Nestor Cables |  |  | Eliminations |  |  | Consolidated |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  | $ | 4,709 |  |  | $ | 1,839 |  |  | $ | - |  |  | $ | 6,545 |
Total assets |  | $ | 344,465 |  |  | $ | 34,692 |  |  | $ | (17,360 | ) |  | $ | 351,797 |

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