| Schedule of Total Sales and Operating Income Classified by Major Geographic Area |
Total sales to external customers, inter-segment sales, depreciation expense, amortization expense, and income from operations for each of our four reportable segments are as follows:
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Three Months Ended June 30, 2024 |
|
Three Months Ended June 30, 2023 |
| Sales to external customers: |
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| United States and Latin America |
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$ |
59,984 |
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$ |
53,497 |
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| Canada |
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|
38,345 |
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|
35,323 |
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| Europe, Middle East and Africa |
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|
7,842 |
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|
9,681 |
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| Asia-Pacific |
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|
8,955 |
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|
8,388 |
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| |
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$ |
115,126 |
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$ |
106,889 |
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| Inter-Segment sales: |
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| United States and Latin America |
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$ |
11,108 |
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$ |
8,381 |
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| Canada |
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|
3,548 |
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|
4,732 |
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| Europe, Middle East and Africa |
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|
|
417 |
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|
389 |
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| Asia-Pacific |
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|
431 |
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|
1,111 |
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$ |
15,504 |
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$ |
14,613 |
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| Depreciation expense: |
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| United States and Latin America |
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$ |
1,236 |
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$ |
1,056 |
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| Canada |
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|
833 |
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|
911 |
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| Europe, Middle East and Africa |
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|
49 |
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|
47 |
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| Asia-Pacific |
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|
48 |
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|
38 |
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$ |
2,166 |
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|
$ |
2,052 |
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| Amortization expense: |
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| United States and Latin America |
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$ |
1,653 |
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$ |
611 |
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| Canada |
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|
1,711 |
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|
1,743 |
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| Europe, Middle East and Africa |
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|
22 |
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|
22 |
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| Asia-Pacific |
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|
11 |
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|
11 |
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$ |
3,397 |
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|
$ |
2,387 |
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| Income from operations: |
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| United States and Latin America |
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$ |
6,463 |
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$ |
5,599 |
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| Canada |
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|
7,268 |
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|
9,119 |
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| Europe, Middle East and Africa |
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|
343 |
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|
605 |
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| Asia-Pacific |
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1,214 |
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|
1,737 |
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| Unallocated: |
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| Stock compensation |
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(1,065) |
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(1,238) |
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| Public company costs |
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(488) |
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(408) |
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| |
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$ |
13,735 |
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$ |
15,414 |
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| Schedule of Reconciliation of Income from Operations |
The following table presents a reconciliation of Income from operations to Income before provision for income taxes:
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Three Months Ended June 30, 2024 |
|
Three Months Ended June 30, 2023 |
| Income from operations |
|
$ |
13,735 |
|
|
$ |
15,414 |
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| Other income/(expenses): |
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| Interest expense, net |
|
(2,847) |
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|
(1,584) |
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| Other income/(expense) |
|
143 |
|
|
341 |
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| Income before provision for income taxes |
|
$ |
11,031 |
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|
$ |
14,171 |
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