Industry Segment and Geographic Areas

12 Months Ended

Dec. 31, 2023

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:

	2023		2022		2021
	(In thousands)
Revenues:
United States	$	621,166	$	491,683	$	432,188
Foreign:
Asia		13,545		14,995		16,736
Canada		12,958		12,768		11,867
Europe		39,106		28,718		30,359
Mexico		4,258		3,931		5,110
Middle East		10,381		9,286		7,176
Other		2,178		4,187		1,762
Total	$	703,592	$	565,568	$	505,198

Information regarding assets by geographic area is as follows:

	2023		2022
	(In thousands)
Long-lived assets:
United States	$	43,882	$	43,182
Foreign:
Europe		12,807		12,923
Mexico		17,189		17,437
Total	$	73,878	$	73,542

	2023		2022
	(In thousands)
Total assets:
United States	$	550,018	$	466,697
Foreign:
Europe		140,999		113,945
Mexico		25,902		22,405
Total	$	716,919	$	603,047