Note 16 - Segments - Segments (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
|
Net sales | $ 168,299 | $ 133,205 | $ 320,537 | $ 261,295 | |
Cost of sales | 103,216 | 79,809 | 196,635 | 159,821 | |
Gross profit | $ 65,083 | $ 53,396 | $ 123,902 | $ 101,474 | |
Gross profit % | 38.70% | 40.10% | 38.70% | 38.80% | |
Research and development costs | $ 8,104 | $ 5,994 | $ 15,326 | $ 11,209 | |
Selling, general and administrative expenses | 30,914 | 24,141 | 60,421 | 49,085 | |
Restructuring charges | 280 | 638 | (2,653) | 703 | |
Gain on sale of property | (4,075) | 0 | (4,075) | 0 | |
Interest expense | 3,993 | 415 | 8,145 | 849 | |
Interest income | (264) | (1,146) | (539) | (2,261) | |
Other income, net | (7,568) | 471 | (10,207) | (1,346) | |
Earnings before provision for income taxes | 33,699 | 22,883 | 57,484 | 43,235 | |
Total Assets | 950,580 | 567,604 | 950,580 | 567,604 | $ 949,789 |
Capital Expenditures | 3,928 | 1,349 | 6,718 | 4,278 | |
Depreciation and Amortization Expense | 6,600 | 3,439 | 13,284 | 7,123 | |
Power Solutions and Protection Segment [Member] | Operating Segments [Member] | |||||
Net sales | 86,799 | 58,551 | 169,853 | 118,798 | |
Cost of sales | 50,410 | 31,815 | 98,122 | 65,546 | |
Gross profit | $ 36,389 | $ 26,736 | $ 71,731 | $ 53,252 | |
Gross profit % | 41.90% | 45.70% | 42.20% | 44.80% | |
Interest expense | $ 84 | $ 136 | $ 200 | $ 283 | |
Total Assets | 653,923 | 188,045 | 653,923 | 188,045 | |
Capital Expenditures | 2,391 | 527 | 3,771 | 1,281 | |
Depreciation and Amortization Expense | 4,468 | 1,417 | 8,993 | 3,103 | |
Connectivity Solutions [Member] | Operating Segments [Member] | |||||
Net sales | 59,202 | 57,822 | 109,932 | 112,107 | |
Cost of sales | 36,007 | 35,310 | 67,528 | 69,978 | |
Gross profit | $ 23,195 | $ 22,512 | $ 42,404 | $ 42,129 | |
Gross profit % | 39.20% | 38.90% | 38.60% | 37.60% | |
Interest expense | $ 3 | $ 26 | $ 3 | $ 58 | |
Total Assets | 184,631 | 227,442 | 184,631 | 227,442 | |
Capital Expenditures | 1,481 | 612 | 2,764 | 2,650 | |
Depreciation and Amortization Expense | 1,754 | 1,709 | 3,519 | 3,377 | |
Magnetic Solutions [Member] | Operating Segments [Member] | |||||
Net sales | 22,298 | 16,832 | 40,752 | 30,390 | |
Cost of sales | 15,896 | 12,390 | 29,793 | 23,774 | |
Gross profit | $ 6,402 | $ 4,442 | $ 10,959 | $ 6,616 | |
Gross profit % | 28.70% | 26.40% | 26.90% | 21.80% | |
Interest expense | $ 0 | $ 0 | $ 0 | $ 0 | |
Total Assets | 54,423 | 57,511 | 54,423 | 57,511 | |
Capital Expenditures | 52 | 57 | 174 | 193 | |
Depreciation and Amortization Expense | 236 | 200 | 491 | 408 | |
Corporate Segment [Member] | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | |||||
Net sales | 0 | 0 | 0 | 0 | |
Cost of sales | 903 | 294 | 1,192 | 523 | |
Gross profit | (903) | (294) | (1,192) | (523) | |
Interest expense | 3,906 | 253 | 7,942 | 508 | |
Total Assets | 57,603 | 94,606 | 57,603 | 94,606 | |
Capital Expenditures | 4 | 153 | 9 | 154 | |
Depreciation and Amortization Expense | $ 142 | $ 113 | $ 281 | $ 235 |
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- Definition Represents percentage of gross profit. No definition available.
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- Definition Amount of asset recognized for present right to economic benefit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The difference between the carrying value and the sale price of real estate or properties that were intended to be sold or held for capital appreciation or rental income. This element refers to the gain (loss) included in earnings and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate amount of income from investments (for example, dividends) not considered a component of the entity's core operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of expenditure for addition to long-lived assets included in determination of segment assets by chief operating decision maker (CODM) or otherwise regularly provided to CODM. Excludes expenditure for addition to financial instrument, long-term customer relationship of financial institution, mortgage and other servicing rights, deferred policy acquisition cost, and deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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