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Note 15 - Segments
3 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

15.

SEGMENTS

 

The Company operates in one industry with three reportable operating segments, which represent the Company's three product groups and a corporate segment.  The segments consist of Connectivity Solutions, Power Solutions and Protection, Magnetic Solutions and a Corporate segment.  The primary criteria by which financial performance is evaluated and resources are allocated are revenue and gross profit.  The following is a summary of key financial data:

 

   

Three Months Ended March 31, 2023

 
   

Connectivity

   

Power Solutions

   

Magnetic

   

Corporate

         
   

Solutions

   

and Protection

   

Solutions

   

Segment

   

Total

 

Revenue

  $ 53,396     $ 83,181     $ 35,767     $ -     $ 172,344  

Gross Profit

    18,196       29,680       8,168       (2,380 )     53,664  

Gross Profit %

    34.1 %     35.7 %     22.8 %     nm       31.1 %

 

   

Three Months Ended March 31, 2022

 
   

Connectivity

   

Power Solutions

   

Magnetic

   

Corporate

         
   

Solutions

   

and Protection

   

Solutions

   

Segment

   

Total

 

Revenue

  $ 43,713     $ 58,790     $ 34,215     $ -     $ 136,718  

Gross Profit

    11,596       15,938       6,890       (300 )     34,124  

Gross Profit %

    26.5 %     27.1 %     20.1 %     nm       25.0 %