| 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 December 31, 2024 |
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Three Months Ended December 31, 2023 |
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Nine Months Ended December 31, 2024 |
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Nine Months Ended December 31, 2023 |
| Sales to external customers: |
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| United States and Latin America |
$ |
67,171 |
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|
$ |
72,704 |
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|
$ |
186,019 |
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|
$ |
189,997 |
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| Canada |
43,537 |
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|
41,114 |
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|
118,753 |
|
|
112,586 |
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| Europe, Middle East and Africa |
13,814 |
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|
12,485 |
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|
30,684 |
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|
35,573 |
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| Asia-Pacific |
9,831 |
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|
10,124 |
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|
28,671 |
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|
28,819 |
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| |
$ |
134,353 |
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|
$ |
136,427 |
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|
$ |
364,127 |
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|
$ |
366,975 |
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| Inter-Segment sales: |
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| United States and Latin America |
$ |
14,044 |
|
|
$ |
10,439 |
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$ |
37,455 |
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|
$ |
30,089 |
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| Canada |
4,311 |
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|
4,254 |
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|
11,379 |
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|
12,837 |
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| Europe, Middle East and Africa |
183 |
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|
392 |
|
|
1,080 |
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|
1,067 |
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| Asia-Pacific |
640 |
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|
1,102 |
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|
1,455 |
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|
2,635 |
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$ |
19,178 |
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|
$ |
16,187 |
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|
$ |
51,369 |
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|
$ |
46,628 |
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| Depreciation expense: |
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|
|
|
|
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| United States and Latin America |
$ |
1,204 |
|
|
$ |
1,159 |
|
|
$ |
3,672 |
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|
$ |
3,323 |
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| Canada |
795 |
|
|
912 |
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|
2,462 |
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|
2,760 |
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| Europe, Middle East and Africa |
109 |
|
|
41 |
|
|
207 |
|
|
139 |
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| Asia-Pacific |
53 |
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|
40 |
|
|
158 |
|
|
118 |
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$ |
2,161 |
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|
$ |
2,152 |
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|
$ |
6,499 |
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|
$ |
6,340 |
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| Amortization expense: |
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| United States and Latin America |
$ |
1,654 |
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|
$ |
367 |
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|
$ |
4,958 |
|
|
$ |
1,427 |
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| Canada |
1,673 |
|
|
1,720 |
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|
5,101 |
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|
5,208 |
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| Europe, Middle East and Africa |
125 |
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|
22 |
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|
169 |
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|
66 |
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| Asia-Pacific |
11 |
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|
12 |
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|
34 |
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|
34 |
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$ |
3,463 |
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|
$ |
2,121 |
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|
$ |
10,262 |
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|
$ |
6,735 |
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| Income from operations: |
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| United States and Latin America |
$ |
14,272 |
|
|
$ |
12,190 |
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|
$ |
27,314 |
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|
$ |
36,480 |
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| Canada |
12,952 |
|
|
8,743 |
|
|
28,889 |
|
|
19,799 |
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| Europe, Middle East and Africa |
1,085 |
|
|
492 |
|
|
2,795 |
|
|
3,159 |
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| Asia-Pacific |
1,424 |
|
|
1,917 |
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|
3,260 |
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|
4,593 |
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| Unallocated: |
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| Stock compensation |
(1,470) |
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|
(1,444) |
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(4,046) |
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|
(4,132) |
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| Public company costs |
(576) |
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|
(449) |
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(1,587) |
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|
(1,352) |
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| |
$ |
27,686 |
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|
$ |
21,449 |
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|
$ |
56,624 |
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|
$ |
58,547 |
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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 December 31, 2024 |
|
Three Months Ended December 31, 2023 |
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Nine Months Ended December 31, 2024 |
|
Nine Months Ended December 31, 2023 |
| Income from operations |
|
$ |
27,686 |
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|
$ |
21,449 |
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|
$ |
56,624 |
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|
$ |
58,547 |
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| Other income/(expenses): |
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| Interest expense, net |
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(2,535) |
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|
(1,754) |
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|
(8,172) |
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|
(5,263) |
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| Other income/(expense) |
|
(126) |
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|
653 |
|
|
580 |
|
|
727 |
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| Income before provision for income taxes |
|
$ |
25,025 |
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|
$ |
20,348 |
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|
$ |
49,032 |
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|
$ |
54,011 |
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