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Segment and Geographic Data (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Reporting Segment Information

The following table sets forth reporting segment information (in thousands):

			Sensors						Weighing Solutions						Measurement Systems						Corporate/ Other						Total
2023
Net third-party revenues			$	139,783					$	122,528					$	92,737					$	—					$	355,048
Intersegment revenues			1,743						—						—						(1,743)						—
Gross profit			55,130						45,276						49,936						—						150,342
Segment operating income (loss)			34,825						21,570						20,607						(35,048)						41,954
Restructuring costs			—						1,478						32						50						1,560
Depreciation and amortization expense			6,141						3,389						4,239						1,781						15,550
Capital expenditures			8,181						6,447						1,111						2						15,741
Total assets			156,384						142,152						154,559						18,471						471,566
2022
Net third-party revenues			$	152,221					$	125,715					$	84,644					$	—					$	362,580
Intersegment revenues			2,121						—						—						(2,121)						—
Gross profit			61,087						43,178						45,337						—						149,602
Segment operating income (loss)			41,671						21,232						18,399						(37,503)						43,799
Restructuring costs			1,460						—						58						—						1,518
Depreciation and amortization expense			5,816						3,343						4,308						1,886						15,353
Capital expenditures			11,515						7,094						1,324						18						19,951
Total assets			156,816						148,041						153,547						18,338						476,742
2021
Net third-party revenues			$	127,861					$	125,390					$	64,668					$	—					$	317,919
Intersegment revenues			3,487						—						—						(3,487)						—
Gross profit			45,474						45,900						33,768						—						125,142
Segment operating income (loss)			26,527						23,184						13,480						(35,819)						27,372
Acquisition costs			—						—						1,198						—						1,198
Impairment of goodwill and indefinite-lived intangibles			—						—						1,223						—						1,223
Restructuring costs			—						76						—						—						76
Depreciation and amortization expense			5,967						3,415						3,834						1,780						14,996
Capital expenditures			13,213						3,434						913						7						17,567
Total assets			142,510						152,399						159,816						7,164						461,889

Reporting Segment Information, Corporate Other and Excluded Items

The “Corporate/Other” column for segment operating income (loss) includes unallocated selling, general, and administrative expenses and certain items which management excludes from segment results when evaluating segment performance, as follows (in thousands):

			Years ended December 31,
			2023						2022						2021
Unallocated selling, general, and administrative expenses			$	(33,488)					$	(35,985)					$	(33,322)
Acquisition costs			—						—						(1,198)
Impairment of goodwill and indefinite-lived intangibles			—						—						(1,223)
Restructuring costs			(1,560)						(1,518)						(76)
			$	(35,048)					$	(37,503)					$	(35,819)

Revenue From External Customers and Long-Lived Assets, by Geographical Areas

The following geographic data includes property and equipment based on physical location (in thousands):

			December 31,
Property and Equipment - Net			2023						2022
United States			$	12,935					$	12,651
United Kingdom			3,364						3,368
Other Europe			1,957						1,721
Israel			43,987						44,551
Asia			26,946						23,264
Canada and Other			1,447						1,572
			$	90,636					$	87,127

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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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.

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