XML 36 R25.htm IDEA: XBRL DOCUMENT v3.24.3
Note 16 - Segments
9 Months Ended
Sep. 30, 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 September 30, 2024

 
  

Power Solutions

  

Connectivity

  

Magnetic

  

 

     
  

and Protection

  

Solutions

  

Solutions

  

Corporate

  

Total

 

Revenue

 $48,680  $55,715  $19,243  $-  $123,638 

Gross Profit

  19,167   20,405   5,245   (140)  44,677 

Gross Profit %

  39.4%  36.6%  27.3%  nm   36.1%

  

  

Three Months Ended September 30, 2023

 
  

Power Solutions

  

Connectivity

  

Magnetic

  

 

     
  

and Protection

  

Solutions

  

Solutions

  

Corporate

  

Total

 

Revenue

 $74,862  $51,771  $32,049  $-  $158,682 

Gross Profit

  31,206   18,510   7,051   (1,302)  55,465 

Gross Profit %

  41.7%  35.8%  22.0%  nm   35.0%

     

  

Nine Months Ended September 30, 2024

 
  

Power Solutions

  

Connectivity

  

Magnetic

  

 

     
  

and Protection

  

Solutions

  

Solutions

  

Corporate

  

Total

 

Revenue

  

$ 167,478

   

$ 167,822

   

$ 49,633

   

$ -

   

$ 384,933

 

Gross Profit

  

72,419

   

62,535

   

11,861

   

(664)

   

146,151

 

Gross Profit %

  

43.2%

   

37.3%

   

23.9%

   

nm

   

38.0%

 

   

  

Nine Months Ended September 30, 2023

 
  

Power Solutions

  

Connectivity

  

Magnetic

  

 

     
  

and Protection

  

Solutions

  

Solutions

  

Corporate

  

Total

 

Revenue

 $245,134  $160,010  $94,659  $-  $499,803 

Gross Profit

  92,010   57,218   21,814   (6,376)  164,666 

Gross Profit %

  37.5%  35.8%  23.0%  nm   32.9%