| Schedule of Segment Financial Information of Reportable Segments |
segment assets reviewed by the CODM are reported on the Company’s Consolidated Balance Sheets as total assets.
|
|
|
|
|
|
|
|
|
|
|
|
(Dollars in thousands) |
2026 |
|
|
2025 |
|
|
2024 |
|
Segment operating net sales |
$ |
392,403 |
|
|
$ |
394,618 |
|
|
$ |
420,109 |
|
|
|
|
|
|
|
|
|
|
Segment operating expenses |
|
|
|
|
|
|
|
|
Product purchases |
|
126,679 |
|
|
|
126,993 |
|
|
|
139,131 |
|
Compensation expense |
|
84,051 |
|
|
|
83,082 |
|
|
|
85,975 |
|
Product supplies |
|
23,121 |
|
|
|
24,623 |
|
|
|
26,439 |
|
Manufacturing depreciation |
|
8,549 |
|
|
|
8,275 |
|
|
|
9,189 |
|
Other product cost (1) |
|
29,592 |
|
|
|
34,351 |
|
|
|
34,033 |
|
Segment cost of goods sold |
|
271,992 |
|
|
|
277,324 |
|
|
|
294,767 |
|
|
|
|
|
|
|
|
|
|
Segment SG&A expenses |
|
|
|
|
|
|
|
|
Compensation expense |
|
45,263 |
|
|
|
43,731 |
|
|
|
44,261 |
|
Depreciation expense |
|
498 |
|
|
|
568 |
|
|
|
674 |
|
Amortization expense |
|
8,079 |
|
|
|
7,726 |
|
|
|
7,649 |
|
Other expense (2) |
|
13,894 |
|
|
|
13,353 |
|
|
|
16,246 |
|
Segment SG&A expenses |
|
67,734 |
|
|
|
65,378 |
|
|
|
68,830 |
|
|
|
|
|
|
|
|
|
|
Other segment items |
|
|
|
|
|
|
|
|
(Gain) loss from disposal of assets |
|
(13 |
) |
|
|
(58 |
) |
|
|
53 |
|
Interest (income) expense |
|
(1,894 |
) |
|
|
(4,872 |
) |
|
|
(3,973 |
) |
Other expense, net |
|
(4,010 |
) |
|
|
1,392 |
|
|
|
1,309 |
|
Provision for income tax |
|
15,967 |
|
|
|
15,232 |
|
|
|
16,526 |
|
|
|
|
|
|
|
|
|
|
Consolidated net earnings |
$ |
42,627 |
|
|
$ |
40,222 |
|
|
$ |
42,597 |
|
(1) Other product cost includes manufacturing overhead and freight expenses. (2) SG&A other expenses include utility services, bank fee and professional services not included in the manufacturing process.
|