Quarterly report pursuant to Section 13 or 15(d)

SEGMENT DATA

v3.21.2
SEGMENT DATA
9 Months Ended
Sep. 30, 2021
SEGMENT DATA  
SEGMENT DATA

10.     SEGMENT DATA

Our operations are comprised of two reportable segments: Products and Distribution. Segment information is consistent with how the chief operating decision maker (“CODM”), our chief executive officer, reviews the business, makes investing and resource allocation decisions and assesses operating performance. The CODM is not provided asset information or operating expenses by segment.

    

Three months ended September 30, 2021

Reconciling

    

Products

Distribution

 Items(1)

    

Total

Net sales

    

$

83,918

    

$

21,507

    

$

(6,771)

    

$

98,654

Cost of goods sold

49,896

16,220

(6,770)

59,346

Gross profit

$

34,022

$

5,287

$

(1)

$

39,308

    

Three months ended September 30, 2020

Reconciling

    

Products

    

Distribution

    

 Items(1)

    

Total

Net sales

    

$

88,858

    

$

23,690

    

$

(6,813)

    

$

105,735

Cost of goods sold

54,325

18,273

(6,859)

65,739

Gross profit

$

34,533

$

5,417

$

46

$

39,996

    

Nine months ended September 30, 2021

Reconciling

    

Products

    

Distribution

    

 Items(1)

    

Total

Net sales

    

$

274,039

    

$

69,086

    

$

(19,374)

    

$

323,751

Cost of goods sold

159,924

51,696

(19,364)

192,256

Gross profit

$

114,115

$

17,390

$

(10)

$

131,495

    

Nine months ended September 30, 2020

Reconciling

    

Products

    

Distribution

    

 Items(1)

    

Total

Net sales

    

$

251,441

    

$

62,707

    

$

(17,129)

    

$

297,019

Cost of goods sold

153,233

47,897

(17,261)

183,869

Gross profit

$

98,208

$

14,810

$

132

$

113,150

(1) Reconciling items consist primarily of intercompany eliminations and items not directly attributable to operating segments.