Quarterly report [Sections 13 or 15(d)]

Segment Information (Tables)

v3.25.2
Segment Information (Tables)
 3 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Three Months Ended June 30, 2025 US-LAM Canada EMEA APAC Total
Sales(1)
$ 50,044  $ 35,154  $ 17,086  $ 6,614  $ 108,898 
Adjustments(1)
4,346  (5,176) 330  500  — 
Sales reviewed by the CODM $ 54,390  $ 29,978  $ 17,416  $ 7,114  $ 108,898 
Less:(2)
Cost of sales 29,498  16,181  10,613  4,561  60,853 
Selling, general, and administrative expenses, adjusted(3)
13,805  5,105  4,999  2,757  26,666 
Segment profit $ 11,087  $ 8,692  $ 1,804  $ (204) $ 21,379 
Reconciliation to Income before provision for income taxes:
Deferred compensation plan (expense)/income $ (655)
Depreciation and amortization (5,662)
Other unallocated enterprise expense(4)
(3,336)
Interest expense, net (1,961)
Other income/(expense) 1,242 
Income before provision for income taxes $ 11,007 
Supplementary data: US-LAM Canada EMEA APAC Total
Intersegment revenue $ 10,647  $ 3,987  $ 546  $ 565  $ 15,745 
(1) - "Sales" are attributed to the reportable segment on the basis of the physical location and jurisdiction of organization of the subsidiary that invoices the material and services. The sales reviewed by the CODM are attributed based on the business unit which made the sale. The adjustments shown above represent these differences. Therefore, we have adjusted the sales reviewed by the CODM to reconcile such Sales.
(2) - The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
(3) - Selling, general, and administrative expenses, adjusted (non-GAAP), represents the Selling, general, and administrative expenses less depreciation expense, other unallocated enterprise expense, and impairment and other charges.
(4) - Other unallocated enterprise expense includes miscellaneous corporate costs not allocated, such as stock-based compensation, miscellaneous gain/loss on sale of assets and other.
Three Months Ended June 30, 2024 US-LAM Canada EMEA APAC Total
Sales(1)
$ 59,984  $ 38,345  $ 7,842  $ 8,955  $ 115,126 
Adjustments(1)
3,257  (4,126) 647  222  — 
Sales reviewed by the CODM $ 63,241  $ 34,219  $ 8,489  $ 9,177  $ 115,126 
Less:(2)
Cost of sales 33,270  20,613  4,805  6,006  64,694 
Selling, general, and administrative expenses, adjusted(3)
15,247  4,820  4,376  2,495  26,938 
Segment profit $ 14,724  $ 8,786  $ (692) $ 676  $ 23,494 
Reconciliation to Income before provision for income taxes:
Deferred compensation plan (expense)/income $ (103)
Depreciation and amortization (5,563)
Other unallocated enterprise expense(4)
(4,094)
Interest expense, net (2,846)
Other income/(expense) 143 
Income before provision for income taxes $ 11,031 
Supplementary data US-LAM Canada EMEA APAC Total
Intersegment revenue $ 11,107  $ 3,548  $ 417  $ 431  $ 15,503 
(1) - "Sales" are attributed to the reportable segment on the basis of the physical location and jurisdiction of organization of the subsidiary that invoices the material and services. The sales reviewed by the CODM are attributed based on the business unit which made the sale. The adjustments shown above represent these differences. Therefore, we have adjusted the sales reviewed by the CODM to reconcile such Sales.
(2) - The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
(3) - Selling, general, and administrative expenses, adjusted (non-GAAP), represents the Selling, general, and administrative expenses less depreciation expense, other unallocated enterprise expense, and impairment and other charges.
(4) - Other unallocated enterprise expense includes miscellaneous corporate costs not allocated, such as stock-based compensation, miscellaneous gain/loss on sale of assets and other.
.
June 30, 2025 June 30, 2024
Capital expenditures, by reportable segment
United States and Latin America $ 1,302  $ 1,447 
Canada 981  2,436 
Europe, Middle East and Africa 74  16 
Asia-Pacific 64  24 
$ 2,421  $ 3,923