Revenue

6 Months Ended

Jun. 30, 2025

Revenue

Revenue

Note 2–Revenue

The Company disaggregates revenue from its arrangements with customers by type of products and services, as it believes this method best depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.

The following tables represent a disaggregation of revenue from arrangements with customers for the three months ended June 30, 2025 and 2024, along with the segment for each category (in thousands).

	Three Months Ended June 30, 2025
	Enterprise Solutions		Business Solutions		Public Sector Solutions		Total
Notebooks/Mobility	$	97,683	$	106,075	$	57,460	$	261,218
Desktops		57,713		28,559		17,020		103,292
Software		23,389		37,576		7,641		68,606
Servers/Storage		21,724		34,127		15,432		71,283
Net/Com Products		23,532		19,496		11,368		54,396
Displays and Sound		30,052		23,595		13,657		67,304
Accessories		44,142		24,515		10,004		78,661
Other Hardware/Services		27,776		19,225		7,932		54,933
Total Net sales	$	326,011	$	293,168	$	140,514	$	759,693

	Three Months Ended June 30, 2024
	Enterprise Solutions		Business Solutions		Public Sector Solutions		Total
Notebooks/Mobility	$	89,802	$	97,841	$	69,816	$	257,459
Desktops		52,680		20,105		12,792		85,577
Software		21,628		37,775		9,571		68,974
Servers/Storage		15,691		34,056		13,640		63,387
Net/Com Products		19,107		19,845		14,312		53,264
Displays and Sound		37,265		19,981		16,745		73,991
Accessories		38,645		28,663		11,470		78,778
Other Hardware/Services		23,990		19,932		11,127		55,049
Total Net sales	$	298,808	$	278,198	$	159,473	$	736,479

The following tables represent a disaggregation of revenue from arrangements with customers for the six months ended June 30, 2025 and 2024, along with the segment for each category (in thousands).

	Six Months Ended June 30, 2025
	Enterprise Solutions		Business Solutions		Public Sector Solutions		Total
Notebooks/Mobility	$	185,225	$	208,421	$	125,038	$	518,684
Desktops		111,185		52,352		29,879		193,416
Software		56,834		69,762		16,373		142,969
Servers/Storage		39,626		54,417		27,367		121,410
Net/Com Products		41,787		37,511		21,220		100,518
Displays and Sound		53,064		42,903		24,199		120,166
Accessories		83,949		48,175		25,733		157,857
Other Hardware/Services		52,344		38,012		15,363		105,719
Total Net sales	$	624,014	$	551,553	$	285,172	$	1,460,739

	Six Months Ended June 30, 2024
	Enterprise Solutions		Business Solutions		Public Sector Solutions		Total
Notebooks/Mobility	$	180,033	$	189,997	$	108,698	$	478,728
Desktops		90,717		38,223		21,539		150,479
Software		48,748		68,427		15,121		132,296
Servers/Storage		28,058		55,667		22,146		105,871
Net/Com Products		39,069		41,690		19,917		100,676
Displays and Sound		68,529		41,733		27,348		137,610
Accessories		80,177		59,036		19,066		158,279
Other Hardware/Services		46,136		39,294		19,135		104,565
Total Net sales	$	581,467	$	534,067	$	252,970	$	1,368,504

Contract Balances

The following table provides information about contract liabilities from arrangements with customers as of June 30, 2025 and December 31, 2024 (in thousands).

	June 30, 2025		December 31, 2024
Contract liabilities, which are included in accrued expenses and other liabilities	$	10,227	$	10,290

Changes in the contract liability balances during the six months ended June 30, 2025 and 2024 are as follows (in thousands):

	2025
Balance at December 31, 2024	$	10,290
Cash received in advance and not recognized as revenue		25,180
Amounts recognized as revenue as performance obligations satisfied		(25,243)
Balance at June 30, 2025	$	10,227
	2024
Balance at December 31, 2023	$	4,206
Cash received in advance and not recognized as revenue		9,769
Amounts recognized as revenue as performance obligations satisfied		(6,875)
Balance at June 30, 2024	$	7,100