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BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2021

Segment information is as follows as of and for the years ended December 31:


	2021		2020		2019
(Loss) income before income taxes:
Arcadia	$	(2,020)	$	—	$	—
DynaEnergetics	8,235		6,150		68,781
NobelClad	9,783		6,886		7,193
Segment operating income before income taxes	15,998		13,036		75,974

Unallocated corporate expenses	(11,826)		(8,357)		(12,345)
Stock-based compensation	(6,574)		(5,675)		(5,204)
Other income (expense), net	152		(233)		(169)
Interest expense, net	(304)		(731)		(1,554)
(Loss) income before income taxes	$	(2,554)	$	(1,960)	$	56,702


	2021		2020		2019
Depreciation and Amortization:
Arcadia	$	415	$	—	$	—
DynaEnergetics	8,126		7,263		6,375
NobelClad	3,807		3,504		3,046
Segment depreciation and amortization	12,348		10,767		9,421
Corporate and other	346		314		439
Consolidated depreciation and amortization	12,694		11,081		$	9,860


	2021		2020		2019
Acquisition of property, plant and equipment
Arcadia	$	42	$	—	$	—
DynaEnergetics	5,455		11,741		19,785
NobelClad	2,730		1,975		5,560
Segment acquisition of property, plant and equipment	8,227		13,716		25,345
Corporate and other	432		137		1,865
Consolidated acquisition of property, plant and equipment	$	8,659	$	13,853	$	27,210


	2021		2020
Assets:
Arcadia	$	501,166	$	—
DynaEnergetics	156,593		132,775
NobelClad	53,467		60,208
Segment assets	711,226		192,983

Cash and cash equivalents	30,810		28,187
Marketable securities	—		25,736
Prepaid expenses and other assets	111,606		24,125
Deferred tax assets	6,930		4,582
Corporate property, plant and equipment	3,840		4,032
Consolidated assets	$	864,412	$	279,645

The geographic location of our property, plant and equipment, net of accumulated depreciation, is as follows at December 31:

The following represents our net sales based on the geographic location of the customer for years ended December 31:

DynaEnergetics

NobelClad