XML 49 R36.htm IDEA: XBRL DOCUMENT v3.22.4
Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Financial Information for the Company's Reportable Segments
Financial information for the Company's segments is presented below.
Year Ended December 31,
(in thousands)20222021
Revenue
Lawson(1)
$324,783 $— 
TestEquity392,358 264,161 
Gexpro Services385,326 256,129 
All Other(2)
48,955 — 
Total revenue$1,151,422 $520,290 
Operating income (loss)
Lawson(1)
$6,536 $— 
TestEquity11,375 329 
Gexpro Services21,291 11,092 
All Other(2)
2,584 — 
Total operating income (loss)$41,786 $11,421 
(1)    Includes the operating results of Lawson only subsequent to the Merger Date of April 1, 2022 and not Lawson operating results prior to the Mergers.
(2)    Includes the operating results of All Other only subsequent to the Merger Date of April 1, 2022 and not All Other operating results prior to the Mergers.

Long-lived assets, which includes property and equipment, rental equipment, goodwill, intangibles, right of use assets, and other assets, were as follows:
December 31,
(in thousands)20222021
Long-lived assets by segment
Lawson$324,732 $— 
TestEquity201,919 152,144 
Gexpro Services152,720 102,890 
All Other40,696 — 
Total$720,067 $255,034 
Long-lived assets by geographic area
United States$580,870 $236,933 
Canada70,561 7,582 
Europe67,957 9,863 
Pacific Rim— — 
Latin America679 656 
Other— — 
Total$720,067 $255,034 

Refer to Note 4 – Revenue Recognition for disaggregated revenue by geographic area.
Capital expenditures and depreciation and amortization by segment were as follows:
Year Ended December 31,
(in thousands)20222021
Capital expenditures
Lawson(1)
$3,737 $— 
TestEquity250 169 
Gexpro Services3,809 2,857 
All Other(2)
511 — 
Total$8,307 $3,026 
Depreciation and amortization
Lawson(1)
$10,594 $— 
TestEquity17,480 13,784 
Gexpro Services15,175 4,899 
All Other(2)
1,937 — 
Total$45,186 $18,683 
(1)    Includes Lawson's activities only subsequent to the Merger Date of April 1, 2022 and not prior to the Mergers.
(2)    Includes the activities of All Other only subsequent to the Merger Date of April 1, 2022 and not prior to the Mergers.