Industry Segment and Geographic Areas

12 Months Ended

Dec. 31, 2019

Note 9 Industry Segment and Geographic Areas

The Company is an innovator, manufacturer, marketer and distributor of products incorporating flow measurement, control 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:

	2019		2018		2017
	(In thousands)
Revenues:
United States	$	369,163	$	374,650	$	355,768
Foreign:
Asia		9,111		9,081		9,133
Canada		13,568		11,893		10,407
Europe		15,784		20,147		15,718
Mexico		5,791		3,603		3,601
Middle East		7,868		11,318		4,904
Other		3,340		3,040		2,909
Total	$	424,625	$	433,732	$	402,440

Information regarding assets by geographic area is as follows:

	2019		2018
	(In thousands)
Long-lived assets:
United States	$	51,539	$	54,904
Foreign:
Europe		14,768		15,247
Mexico		19,454		20,170
Total	$	85,761	$	90,321

	2019		2018
	(In thousands)
Total assets:
United States	$	326,248	$	293,943
Foreign:
Europe		72,296		74,707
Mexico		23,349		24,041
Total	$	421,893	$	392,691