XML 20 R8.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Segment Information
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
Our business is aggregated into the following two reportable segments:
•Mobile Solutions, which is focused on growth in the automotive, general industrial, and medical end markets; and
•Power Solutions, which is focused on growth in the electrical, general industrial, automotive, and medical end markets.
These divisions are considered our two operating segments as each engages in business activities for which it earns revenues and incurs expenses, discrete financial information is available for each, and this is the level at which the chief operating decision maker reviews discrete financial information for purposes of allocating resources and assessing performance.
The following table presents our financial performance by reportable segment.
Three Months Ended
March 31,
20242023
Net sales:
Mobile Solutions$73,060 $78,018 
Power Solutions48,238 49,072 
Intersegment sales eliminations(100)(2)
Total$121,198 $127,088 
Income (loss) from operations:
Mobile Solutions$(2,143)$(3,319)
Power Solutions3,979 1,747 
Corporate(6,619)(5,503)
Total$(4,783)$(7,075)