SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2023

Segment Information

Segment information applicable to reportable operating segments

Net sales presented below exclude inter-segment product revenues. Segment information applicable to the Company’s operating segments for the three and six months ended June 30, 2023 and 2022 is shown below (in thousands):

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2023		2022		2023		2022
Net sales:
Business Solutions	$	261,027	$	328,351	$	534,141	$	648,794
Enterprise Solutions		287,153		348,954		601,096		684,351
Public Sector Solutions		185,367		151,204		325,855		283,708
Total net sales	$	733,547	$	828,509	$	1,461,092	$	1,616,853
Operating income (loss):
Business Solutions	$	18,831	$	22,279	$	35,384	$	42,952
Enterprise Solutions		7,511		15,389		14,033		29,703
Public Sector Solutions		1,650		1,071		1,679		(55)
Headquarters/Other		(2,921)		(3,969)		(7,908)		(7,695)
Total operating income		25,071		34,770		43,188		64,905
Other income, net		1,874		15		3,160		11
Income before taxes	$	26,945	$	34,785	$	46,348	$	64,916
Selected operating expense:
Depreciation and amortization:
Business Solutions	$	158	$	168	$	317	$	335
Enterprise Solutions		423		501		847		1,035
Public Sector Solutions		20		20		39		39
Headquarters/Other		2,493		2,300		4,964		4,571
Total depreciation and amortization	$	3,094	$	2,989	$	6,167	$	5,980
Total assets:
Business Solutions					$	472,566	$	430,763
Enterprise Solutions						678,104		663,837
Public Sector Solutions						102,652		86,743
Headquarters/Other						(89,047)		(57,710)
Total assets					$	1,164,275	$	1,123,633