SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

Segment Information

Segment information applicable to reportable operating segments

Net sales presented below exclude inter-segment product revenues. Segment information applicable to the Company’s operating segments for the three and six months ended June 30, 2024 and 2023 is shown below (in thousands):

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2024		2023		2024		2023
Net sales:
Enterprise Solutions	$	298,808	$	287,153	$	581,467	$	601,096
Business Solutions		278,198		261,027		534,067		534,141
Public Sector Solutions		159,473		185,367		252,970		325,855
Total net sales	$	736,479	$	733,547	$	1,368,504	$	1,461,092
Operating income (loss):
Enterprise Solutions	$	10,230	$	7,511	$	16,077	$	14,033
Business Solutions		22,229		18,831		38,018		35,384
Public Sector Solutions		2,714		1,650		(2,636)		1,679
Headquarters/Other		(4,254)		(2,921)		(7,076)		(7,908)
Total operating income		30,919		25,071		44,383		43,188
Interest income, net		4,649		1,874		9,216		3,160
Income before taxes	$	35,568	$	26,945	$	53,599	$	46,348
Selected operating expense:
Depreciation and amortization:
Enterprise Solutions	$	221	$	423	$	426	$	847
Business Solutions		147		158		310		317
Public Sector Solutions		23		20		46		39
Headquarters/Other		2,882		2,493		5,757		4,964
Total depreciation and amortization	$	3,273	$	3,094	$	6,539	$	6,167
Total assets:
Enterprise Solutions					$	729,450	$	678,104
Business Solutions						537,655		472,566
Public Sector Solutions						107,382		102,652
Headquarters/Other						(91,002)		(89,047)
Total assets					$	1,283,485	$	1,164,275