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Business Segments
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Business Segments

NOTE 5 - BUSINESS SEGMENTS

North America and Europe comprise the Company’s reportable segments. Segment results for the three and six months ended June 30, 2024 and June 30, 2023 were as follows:

 

 

 

Net Sales

 

 

Depreciation and Amortization

 

 

Income (Loss) from Operations

 

Three Months Ended

 

June 30,
2024

 

 

June 30,
2023

 

 

June 30,
2024

 

 

June 30,
2023

 

 

June 30,
2024

 

 

June 30,
2023

 

North America

 

$

203,203

 

 

$

208,205

 

 

$

10,334

 

 

$

9,378

 

 

$

13,195

 

 

$

21,504

 

Europe

 

 

115,764

 

 

 

164,398

 

 

 

11,554

 

 

 

14,089

 

 

 

(2,951

)

 

 

2,513

 

 

$

318,967

 

 

$

372,603

 

 

$

21,888

 

 

$

23,467

 

 

$

10,244

 

 

$

24,017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales

 

 

Depreciation and Amortization

 

 

Income (Loss) from Operations

 

Six Months Ended

 

June 30,
2024

 

 

June 30,
2023

 

 

June 30,
2024

 

 

June 30,
2023

 

 

June 30,
2024

 

 

June 30,
2023

 

North America

 

$

396,711

 

 

$

419,823

 

 

$

20,677

 

 

$

18,425

 

 

$

21,277

 

 

$

43,219

 

Europe

 

 

238,532

 

 

 

333,746

 

 

 

23,157

 

 

 

27,883

 

 

 

(10,719

)

 

 

(4,066

)

 

$

635,243

 

 

$

753,569

 

 

$

43,834

 

 

$

46,308

 

 

$

10,558

 

 

$

39,153

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Assets

 

 

 

June 30,
2024

 

 

December 31,
2023

 

North America

 

$

583,438

 

 

$

625,612

 

Europe

 

 

370,364

 

 

 

404,959

 

 

$

953,802

 

 

$

1,030,571