Industry Segment and Geographic Areas

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Industry Segment and Geographic Areas

Note 9 Industry Segment and Geographic Areas

The Company is an innovator, manufacturer, marketer and distributor of products incorporating flow measurement, control, quality and communication solutions, which comprise one reportable segment. The Company manages and evaluates its operations as one segment primarily due to similarities in the nature of the products, production processes, customers and methods of distribution.

Information regarding revenues by geographic area is as follows:

	2022		2021		2020
	(In thousands)
Revenues:
United States	$	491,683	$	432,188	$	376,426
Foreign:
Asia		14,995		16,736		6,437
Canada		12,768		11,867		10,406
Europe		28,718		30,359		18,255
Mexico		3,931		5,110		4,886
Middle East		9,286		7,176		6,114
Other		4,187		1,762		3,020
Total	$	565,568	$	505,198	$	425,544

Information regarding assets by geographic area is as follows:

	2022		2021
	(In thousands)
Long-lived assets:
United States	$	43,182	$	46,092
Foreign:
Europe		12,923		13,991
Mexico		17,437		17,967
Total	$	73,542	$	78,050

	2022		2021
	(In thousands)
Total assets:
United States	$	466,697	$	391,328
Foreign:
Europe	$	113,945		118,359
Mexico	$	22,405		21,131
Total	$	603,047	$	530,818