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Segment Information
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
Our business is aggregated into the following two reportable segments:
Mobile Solutions, which is focused on growth in the automotive, general industrial, and medical end markets; and
Power Solutions, which is focused on growth in the electrical, general industrial, automotive, and medical end markets.
These components are operating segments as each engages in business activities for which it earns revenues and incurs expenses, discrete financial information is available for each, and this is the level at which the chief operating decision maker reviews discrete financial information for purposes of allocating resources and assessing performance.
The following table presents our financial performance by reportable segment.
Three Months Ended
September 30,
Nine Months Ended
September 30,
2024202320242023
Net sales:
Mobile Solutions$70,678 $78,961 $216,593 $234,132 
Power Solutions42,935 45,484 141,324 142,618 
Intersegment sales eliminations(26)(2)(140)(13)
Total$113,587 $124,443 $357,777 $376,737 
Income (loss) from operations:
Mobile Solutions$(1,441)$(1,283)$(5,214)$(6,063)
Power Solutions2,505 3,936 11,804 8,266 
Corporate(4,814)(5,392)(17,270)(16,064)
Total$(3,750)$(2,739)$(10,680)$(13,861)