v3.26.1
Note 8 - Segment Information
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Segment Reporting [Text Block]

(8)

Segment Information

 

The Company assesses segment reporting in accordance with ASC 280, Segment Reporting. Based on how the business is managed and the financial information reviewed by our Chief Operating Decision Maker (“CODM”), who is our Chief Executive Officer, the Company operates as one operating segment and one reportable segment.

 

The CODM evaluates the Company’s performance and allocates resources based on consolidated net income, which is the primary measure used to assess results against forecasts and historical trends. Because the Company has a single operating segment, our segment results are identical to the amounts presented in our Consolidated Statements of Income, and we have no inter‑segment revenues or transfers.

 

In addition to consolidated net income, the CODM is regularly provided supplemental information regarding management transition costs, noncash stock compensation expense, and the related income tax, as presented below (in thousands):

 

   

Three Months Ended

June 30

   

Six Months Ended

June 30

 
   

2026

   

2025

   

2026

   

2025

 

Management transition costs

  $ 3,160     $ 6,640     $ 3,160     $ 6,640  

Tax benefit on management transition costs

    180       468       180       468  

Noncash stock compensation

    7,371       307       8,979       478  

Tax benefit (expense) on noncash stock compensation

    210       (22 )     470       21