SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Financial Information Regarding Company's Segments

The following table sets out financial information related to the Company's segments excluding amortization (in thousands):

	Three Months Ended March 31,
	2024		2023
Sales
Service Centers	$	288,435	$	305,813
Innovative Pumping Solutions	62,216		51,411
Supply Chain Services	61,984		67,043
Total Sales	$	412,635	$	424,267
Operating Income
Service Centers	$	40,320	$	45,820
Innovative Pumping Solutions	6,970		9,190
Supply Chain Services	5,262		5,514
Total Segments Operating Income	$	52,552	$	60,524

Schedule of Reconciliation of Operating Income for Reportable Segments to Consolidated Income Before Taxes

The following table presents reconciliations of income from operations for reportable segments to the consolidated income before taxes (in thousands):

	Three Months Ended March 31,
	2024		2023
Income from operations for reportable segments	$	52,552	$	60,524
Adjustment for:
Amortization of intangible assets	4,369		4,758
Corporate expenses	19,052		20,367
Income from operations	$	29,131	$	35,399
Interest expense	15,544		11,521
Other income, net	(1,968)		(469)
Income before income taxes	$	15,555	$	24,347