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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2025

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

Schedule of segment reporting information by segment

The following tables contain information reviewed by the CODM:

​	​	​	​	​	​	​	​	​	​	​	​
​	Three Months Ended September 30					​	Nine Months Ended September 30
​	(Unaudited)					​	(Unaudited)
(in thousands)	2025		​	2024		​	2025		​	2024
CONSOLIDATED STATEMENT OF INCOME	​	​	​	​	​	​	​	​	​	​	​
Net Sales by Geographic Region:	​	​	​	​	​	​	​	​	​	​	​
North America	$	148,030	​	$	286,558	​	$	510,310	​	$	945,794
Foreign	​	30,640	​	​	27,713	​	​	108,043	​	​	89,799
Net Sales	​	178,670	​	​	314,271	​	​	618,353	​	​	1,035,593
​	​	​	​	​	​	​	​	​	​	​	​
Cost of operations		153,338	​		272,245	​		524,491	​		898,246
Selling, general and administrative expenses	​	21,247	​	​	22,326	​	​	67,912	​	​	66,642
Interest expense, net		93	​		251	​		482	​		3,544
Other (income) expense, net		(312)	​		(321)	​		(994)	​		(341)
Income before taxes	​	4,304	​	​	19,770	​	​	26,462	​	​	67,502
Tax expense	​	1,222	​	​	4,345	​	​	6,857	​	​	14,540
CONSOLIDATED NET INCOME	$	3,082	​	$	15,425	​	$	19,605	​	$	52,962

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​	​	​	​	​	​
​	September 30, 2025			December 31, 2024
(in thousands)	(Unaudited)		​	​	​
TOTAL ASSETS	​	​	​	​	​
Cash and temporary investments	$	38,401	​	$	24,337
Accounts receivable, net of allowance for credit losses	​	232,617	​	​	313,413
Inventories, net	​	180,715	​	​	186,169
Prepaid expenses	​	17,733	​	​	5,847
​	​	​	​	​	​
Long-lived assets:	​	​	​	​	​
North America	​	125,314	​	​	129,181
Foreign	​	8,564	​	​	7,341
Net long-lived assets	​	133,877	​	​	136,522
​	​	​	​	​	​
Other assets	​	1,000	​	​	727
CONSOLIDATED TOTAL ASSETS	$	604,343	​	$	667,015

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- References

No definition available.

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- 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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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