Note 3 - Acquisition and Divestiture (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

	Preliminary
	Acquisition Date
	Fair Values
	(as adjusted)
Cash	$	3,590
Accounts receivable		21,088
Inventories		42,271		(a)
Other current assets		4,144
Property, plant and equipment		9,357		(b)
Intangible assets		189,700		(c)
Other assets		3,496
Total identifiable assets		273,646
Accounts payable		9,585
Accrued expenses		6,670
Other current liabilities		5,104
Noncurrent liabilities		30,522		(d)
Total liabilities assumed		51,881
Net identifiable assets acquired		221,765
Goodwill		182,905		(e)
Net assets acquired	$	404,670
Cash paid		324,071
Fair value of contingent consideration		3,300
Fair value of noncontrolling interest		72,354		(f)
Fair value of seller note		4,945		(g)
Fair value of consideration transferred		404,670
Deferred consideration		(80,599	)
Total consideration paid	$	324,071

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

	Acquisition Date		Weighted Average
	Fair Value		Amortization Period
Trademarks	$	21,900	Indefinite
Customer relationships		130,300	17 years
Technology		37,500	15 years
Total intangible assets acquired	$	189,700

Business Acquisition, Pro Forma Information [Table Text Block]

	Year Ended
	December 31,
	2024		2023
Revenue, net	$	632,130	$	735,522
Net earnings		56,154		56,448
Less: Net earnings attributable to non-controlling interest		4,131		1,176
Net earnings attributable to Bel Fuse		52,023		55,272
Earnings per Class A common share - basic and diluted		3.94		4.13
Earnings per Class B common share - basic and diluted		4.16		4.37

Disposal Groups, Including Discontinued Operations [Table Text Block]

	Total
Cash and cash equivalents	$	2,072
Accounts receivable		1,030
Inventories		1,310
Property, plant and equipment		326
Other assets		48
Accounts payable		(441	)
Accrued expenses		(126	)
Income taxes payable		(100	)
Other current liabilities		(13	)
Other long-term liabilities		(23	)
Total net assets transferred		4,083
Consideration received		5,063
Gain on sale recognized	$	980