| Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
| |
|
Three months ended March 31, 2023
|
|
|
(In thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$ |
60,451 |
|
|
$ |
11,358 |
|
|
$ |
- |
|
|
$ |
71,809 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
1,737 |
|
|
|
(1,737 |
) |
|
|
- |
|
|
Net investment income
|
|
|
1,394 |
|
|
|
1 |
|
|
|
- |
|
|
|
1,395 |
|
|
Interest expense
|
|
|
- |
|
|
|
112 |
|
|
|
- |
|
|
|
112 |
|
|
Depreciation and amortization
|
|
|
1,099 |
|
|
|
359 |
|
|
|
- |
|
|
|
1,458 |
|
|
Stock based compensation
|
|
|
784 |
|
|
|
- |
|
|
|
- |
|
|
|
784 |
|
|
Income taxes
|
|
|
2,873 |
|
|
|
101 |
|
|
|
- |
|
|
|
2,974 |
|
|
Net income (loss)
|
|
|
10,395 |
|
|
|
402 |
|
|
|
(433 |
) |
|
|
10,364 |
|
|
Capital expenditures
|
|
|
2,481 |
|
|
|
98 |
|
|
|
- |
|
|
|
2,579 |
|
| |
|
Six months ended March 31, 2023
|
|
|
(In thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$ |
138,806 |
|
|
$ |
18,945 |
|
|
$ |
- |
|
|
$ |
157,751 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
2,923 |
|
|
|
(2,923 |
) |
|
|
- |
|
|
Net investment income
|
|
|
1,694 |
|
|
|
4 |
|
|
|
- |
|
|
|
1,698 |
|
|
Interest expense
|
|
|
170 |
|
|
|
186 |
|
|
|
- |
|
|
|
356 |
|
|
Depreciation and amortization
|
|
|
2,110 |
|
|
|
712 |
|
|
|
- |
|
|
|
2,822 |
|
|
Stock based compensation
|
|
|
1,444 |
|
|
|
- |
|
|
|
- |
|
|
|
1,444 |
|
|
Income taxes
|
|
|
6,646 |
|
|
|
23 |
|
|
|
- |
|
|
|
6,669 |
|
|
Net income (loss)
|
|
|
25,113 |
|
|
|
92 |
|
|
|
(586 |
) |
|
|
24,619 |
|
|
Capital expenditures
|
|
|
4,490 |
|
|
|
308 |
|
|
|
- |
|
|
|
4,798 |
|
|
| Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
| |
|
March 31, 2023
|
|
|
(In thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Goodwill
|
|
$ |
4,709 |
|
|
$ |
1,878 |
|
|
$ |
- |
|
|
$ |
6,587 |
|
|
Total assets
|
|
|
332,906 |
|
|
|
43,135 |
|
|
|
(18,646 |
) |
|
|
357,395 |
|
| |
|
September 30, 2022
|
|
|
(In thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Goodwill
|
|
$ |
4,709 |
|
|
$ |
1,693 |
|
|
$ |
- |
|
|
$ |
6,402 |
|
|
Total assets
|
|
|
214,785 |
|
|
|
31,023 |
|
|
|
(16,680 |
) |
|
|
229,128 |
|
|