| Schedule of Financial Information Regarding Company's Segments |
The following table sets forth financial information related to the Company's segments (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2026 | | Service Center | Innovative Pumping Solutions | Supply Chain Services | Total Reportable Segments | Corporate | Total | Sales | | $ | 337,976 | | $ | 118,660 | | $ | 65,022 | | $ | 521,658 | | $ | — | | $ | 521,658 | | Operating expenses | | 285,714 | | 95,794 | | 58,529 | | 440,037 | | — | | 440,037 | | Other expenses | | | | | | | | | Depreciation | | 1,027 | | 872 | | 7 | | 1,906 | | 1,040 | | 2,946 | | Amortization of finance lease assets | | 1,560 | | 322 | | 72 | | 1,954 | | 134 | | 2,088 | | Other(1) | | — | | — | | — | | — | | 34,113 | | 34,113 | | | Operating income (loss) | | $ | 49,675 | | $ | 21,672 | | $ | 6,414 | | $ | 77,761 | | $ | (35,287) | | $ | 42,474 | | | Interest expense | | — | | — | | — | | — | | 16,443 | | 16,443 | | | Other income, net | | — | | — | | — | | — | | (594) | | (594) | | | Income (loss) before income taxes | | $ | 49,675 | | $ | 21,672 | | $ | 6,414 | | $ | 77,761 | | $ | (51,136) | | $ | 26,625 | | | | | | | | | | | Capital expenditures | | 1,721 | | $ | 651 | | $ | — | | 2,372 | | $ | 922 | | $ | 3,294 | | (1). Other primarily includes selling, general and administrative expenses of $27.1 million and amortization of intangible assets of $7.0 million. |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | Service Center | Innovative Pumping Solutions | Supply Chain Services | Total Reportable Segments | Corporate | Total | Sales | | $ | 327,075 | | $ | 86,182 | | $ | 63,312 | | $ | 476,569 | | $ | — | | $ | 476,569 | | Operating expenses | | 277,956 | | 71,789 | | 57,699 | | 407,444 | | — | | 407,444 | | Other expenses | | | | | | | | | Depreciation | | 937 | | 795 | | 8 | | 1,740 | | 576 | | 2,316 | | Amortization of finance lease assets | | 1,137 | | 192 | | 41 | | 1,370 | | 93 | | 1,463 | | Other(1) | | — | | — | | — | | — | | 24,831 | | 24,831 | | | Operating income (loss) | | $ | 47,045 | | $ | 13,406 | | $ | 5,564 | | $ | 66,015 | | $ | (25,500) | | $ | 40,515 | | | Interest expense | | — | | — | | — | | — | | 14,660 | | 14,660 | | | Other income, net | | — | | — | | — | | — | | (1,318) | | (1,318) | | | Income (loss) before income taxes | | $ | 47,045 | | $ | 13,406 | | $ | 5,564 | | $ | 66,015 | | $ | (38,842) | | $ | 27,173 | | | | | | | | | | | Capital expenditures | | $ | 2,037 | | $ | 574 | | $ | — | | $ | 2,611 | | $ | 17,303 | | $ | 19,914 | | (1). Other primarily includes selling, general and administrative expenses of $19.4 million and amortization of intangible assets of $5.4 million. |
The following table sets forth total assets related to the Company's segments (in thousands):
| | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | Service Centers | $ | 832,375 | | | $ | 820,289 | | | Innovative Pumping Solutions | 516,902 | | | 383,201 | | Supply Chain Services | 101,627 | | | 95,045 | | Total Reportable Segments Assets | $ | 1,450,904 | | | $ | 1,298,535 | | | Corporate | 273,878 | | | 386,620 | | | Total Assets | $ | 1,724,782 | | | $ | 1,685,155 | |
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