v3.26.1
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net earnings attributable to Bel Fuse shareholders $ 25,480 $ 26,861 $ 36,859 $ 44,735
Add: Redemption value adjustment attributable to noncontrolling interest 6,738 (890) 9,371 (1,280)
Net earnings attributable to noncontrolling interest 1,757 822 2,729 1,660
Net earnings 33,975 26,793 48,959 45,115
Other comprehensive income (loss):        
Currency translation adjustment, net of taxes of $0 in all periods presented 1,954 540 3,097 (708)
Unrealized losses on interest rate swap cash flow hedge, net of taxes of $0 in all periods presented (239) (386) (535) (974)
Unrealized holding losses on marketable securities, net of taxes of $0 in all periods presented 34 0 33 0
Change in unfunded SERP liability, net of taxes of $2, $8, $5 and $16, respectively (8) (27) (18) (55)
Other comprehensive income (loss) 1,741 127 2,577 (1,737)
Comprehensive income 35,716 26,920 51,536 43,378
Comprehensive income attributable to noncontrolling interest 1,757 822 2,729 1,660
Comprehensive income attributable to Bel shareholders $ 33,959 $ 26,098 $ 48,807 $ 41,718