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Revenue (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues Disaggregated by Segment and Product Type

The following table presents the Company’s revenues disaggregated by segment and product type:

 

 

Year Ended December 31, 2023

 

Product Type

 

PLP-USA

 

The Americas

 

EMEA

 

Asia-Pacific

 

Consolidated

 

Energy

 

 

63

%

 

74

%

 

52

%

 

73

%

 

64

%

Communications

 

 

33

%

 

24

%

 

44

%

 

3

%

 

29

%

Special Industries

 

 

4

%

 

2

%

 

4

%

 

24

%

 

7

%

Total

 

 

100

%

 

100

%

 

100

%

 

100

%

 

100

%

 

 

 

Year Ended December 31, 2022

 

Product Type

 

PLP-USA

 

The Americas

 

EMEA

 

Asia-Pacific

 

Consolidated

 

Energy

 

 

53

%

 

70

%

 

62

%

 

73

%

 

59

%

Communications

 

 

43

%

 

28

%

 

28

%

 

2

%

 

33

%

Special Industries

 

 

4

%

 

2

%

 

10

%

 

25

%

 

8

%

Total

 

 

100

%

 

100

%

 

100

%

 

100

%

 

100

%

Schedule of Change in Allowance for Credit Losses The change in the allowance for credit losses includes expense and net write-offs, which are identified in the following table:

 

 

 

2023

 

 

2022

 

 

2021

 

Allowance for credit losses, beginning of period

 

$

5,021

 

 

$

3,091

 

 

$

2,848

 

Additions charged to costs and expenses

 

 

3,250

 

 

 

2,108

 

 

 

931

 

Write-offs

 

 

(218

)

 

 

(122

)

 

 

(435

)

Foreign exchange and other

 

 

207

 

 

 

(56

)

 

 

(253

)

Allowance for credit losses, end of period

 

$

8,260

 

 

$

5,021

 

 

$

3,091