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SEGMENTS
3 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
SEGMENTS

NOTE 18 — SEGMENTS

Orion has the following business segments: Orion Services Group Division ("OSG"), Orion Distribution Services Division ("ODS"), and Orion U.S. Markets Division ("USM"). The accounting policies are the same for each business segment as they are on a consolidated basis.

Orion Services Group Division

The OSG segment develops and sells lighting products and provides construction, engineering along with installation and maintenance services for Orion's commercial lighting and energy management systems. OSG provides engineering, design, lighting products and in many cases turnkey solutions for large national accounts, governments, municipalities, schools and other customers.

Orion Distribution Services Division

The ODS segment sells lighting products through manufacturer representative agencies and a network of North American broadline electrical distributors and contractors.

Orion U.S. Markets Division

The USM segment sells commercial lighting systems and energy management systems to contractors and energy service companies ("ESCOs").

Corporate and Other

Corporate and Other is comprised of operating expenses not directly allocated to Orion’s segments and adjustments to reconcile to consolidated results (dollars in thousands).

 

 

 

Revenues

 

 

Operating Income (Loss)

 

 

 

For the Three Months Ended

June 30,

 

 

For the Three Months Ended

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Segments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Orion Services Group

 

$

9,035

 

 

$

21,988

 

 

$

(2,229

)

 

$

1,864

 

Orion Distribution Services

 

 

4,826

 

 

 

9,286

 

 

 

(51

)

 

 

2,122

 

Orion U.S. Markets

 

 

4,045

 

 

 

3,827

 

 

 

186

 

 

 

651

 

Corporate and Other

 

 

 

 

 

 

 

 

(1,523

)

 

 

(1,219

)

 

 

$

17,906

 

 

$

35,101

 

 

$

(3,617

)

 

$

3,418