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Note 16 - Segments
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

16.

SEGMENTS

 

The Company operates in one industry with three reportable operating segments, which represent the Company's three product groups, consisting of Power Solutions and Protection, Connectivity Solutions and Magnetic Solutions. 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, 2024

 
  

Power Solutions

  

Connectivity

  

Magnetic

  

Corporate/

     
  

and Protection

  

Solutions

  

Solutions

  

Other

  

Total

 

Revenue

 $60,247  $54,285  $13,558  $-  $128,090 

Gross Profit

  26,516   19,617   2,174   (229)  48,078 

Gross Profit %

  44.0%  36.1%  16.0%  nm   37.5%

 

 

 

  

Three Months Ended March 31, 2023

 
  

Power Solutions

  

Connectivity

  

Magnetic

  

Corporate/

     
  

and Protection

  

Solutions

  

Solutions

  

Other

  

Total

 

Revenue

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

Gross Profit

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

Gross Profit %

  35.7%  34.1%  22.8%  nm   31.1%