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Industry Segment and Geographic Areas
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Industry Segment and Geographic Areas

Note 9    Industry Segment and Geographic Areas

The Company is an innovator, manufacturer, marketer and distributor of products incorporating flow measurement, control, quality and communication solutions, which comprise one reportable segment.  The Company manages and evaluates its operations as one segment primarily due to similarities in the nature of the products, production processes, customers and methods of distribution.

Information regarding revenues by geographic area is as follows:

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(In thousands)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

432,188

 

 

$

376,426

 

 

$

369,163

 

Foreign:

 

 

 

 

 

 

 

 

 

 

 

 

Asia

 

 

16,736

 

 

 

6,437

 

 

 

9,111

 

Canada

 

 

11,867

 

 

 

10,406

 

 

 

13,568

 

Europe

 

 

30,359

 

 

 

18,255

 

 

 

15,784

 

Mexico

 

 

5,110

 

 

 

4,886

 

 

 

5,791

 

Middle East

 

 

7,176

 

 

 

6,114

 

 

 

7,868

 

Other

 

 

1,762

 

 

 

3,020

 

 

 

3,340

 

Total

 

$

505,198

 

 

$

425,544

 

 

$

424,625

 

 

 

Information regarding assets by geographic area is as follows:

 

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Long-lived assets:

 

 

 

 

 

 

 

 

United States

 

$

46,092

 

 

$

48,805

 

Foreign:

 

 

 

 

 

 

 

 

Europe

 

 

13,991

 

 

 

15,142

 

Mexico

 

 

17,967

 

 

 

18,758

 

Total

 

$

78,050

 

 

$

82,705

 

 

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Total assets:

 

 

 

 

 

 

 

 

United States

 

$

391,328

 

 

$

365,748

 

Foreign:

 

 

 

 

 

 

 

 

Europe

 

 

118,359

 

 

 

83,174

 

Mexico

 

 

21,131

 

 

 

22,295

 

Total

 

$

530,818

 

 

$

471,217