BUSINESS SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Information

Segment information is as follows:

 

	Three months ended March 31,
	2022		2021
Net sales:
Arcadia	$	67,968	$	—
DynaEnergetics	48,887		38,172
NobelClad	21,861		17,486
Net sales	$	138,716	$	55,658

	Three months ended March 31,
	2022		2021
(Loss) income before income taxes:
Arcadia	$	(2,443)	$	—
DynaEnergetics	3,298		1,521
NobelClad	705		1,604
Segment operating income	1,560		3,125
Unallocated corporate expenses	(3,368)		(2,227)
Unallocated stock-based compensation*	(2,102)		(1,608)
Other (expense) income, net	(209)		394
Interest expense, net	(1,024)		(135)
Loss before income taxes	$	(5,143)	$	(451)

	Three months ended March 31,
	2022		2021
Depreciation and amortization:
Arcadia	$	13,349	$	—
DynaEnergetics	1,984		2,000
NobelClad	915		939
Segment depreciation and amortization	16,248		2,939
Corporate and other	87		83
Consolidated depreciation and amortization	$	16,335	$	3,022

* Stock-based compensation is not allocated to wholly owned segments DynaEnergetics and NobelClad. Stock-based compensation is allocated to the Arcadia segment as only 60% of such expense is attributable to the Company, whereas the remaining 40% is attributable to the redeemable noncontrolling interest holder.

Disaggregation of Revenue

The disaggregation of revenue earned from contracts with customers based on the geographic location of the customer is as follows. For Arcadia, net sales have been presented consistent with regional definitions as provided by the American Institute of Architects.

Arcadia

	Three Months Ended
	March 31, 2022
West	$	56,204
South	5,839
Northeast	3,217
Midwest	2,708
Total Arcadia	$	67,968

DynaEnergetics

	Three months ended March 31,
	2022		2021
United States	$	38,743	$	27,831
Canada	4,749		3,702
Egypt	1,004		1,053
Oman	928		781
Indonesia	342		571
India	230		393
Pakistan	100		509
Germany	99		314
Romania	50		322
Hong Kong	24		1,190
Rest of the world	2,618		1,506
Total DynaEnergetics	$	48,887	$	38,172

NobelClad

	Three months ended March 31,
	2022		2021
United States	$	9,155	$	8,347
China	2,357		239
India	2,325		649
Canada	1,438		1,024
United Arab Emirates	998		664
Germany	587		390
Netherlands	491		591
Italy	413		435
France	351		669
Australia	325		578
South Korea	271		886
Norway	234		283
Spain	199		413
Russia*	196		1,021
Taiwan	19		278
Rest of the world	2,502		1,019
Total NobelClad	$	21,861	$	17,486

*Future sales to Russia have been indefinitely suspended due to the ongoing conflict in Ukraine.