| Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
| |
|
Year ended September 30, 2024
|
|
|
(in thousands)
|
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$ |
125,568 |
|
|
$ |
41,137 |
|
|
$ |
- |
|
|
$ |
166,705 |
|
|
Revenue from internal customers (Clearfield)
|
|
|
58 |
|
|
|
2,271 |
|
|
|
(2,329 |
) |
|
|
- |
|
|
Net investment income
|
|
|
7,711 |
|
|
|
- |
|
|
|
(239 |
) |
|
|
7,472 |
|
|
Interest expense
|
|
|
- |
|
|
|
741 |
|
|
|
(235 |
) |
|
|
506 |
|
|
Depreciation and amortization
|
|
|
5,933 |
|
|
|
1,478 |
|
|
|
- |
|
|
|
7,411 |
|
|
Stock based compensation
|
|
|
4,374 |
|
|
|
267 |
|
|
|
- |
|
|
|
4,641 |
|
|
Income tax benefit
|
|
|
(3,248 |
) |
|
|
(555 |
) |
|
|
- |
|
|
|
(3,803 |
) |
|
Net loss
|
|
|
(9,198 |
) |
|
|
(3,424 |
) |
|
|
169 |
|
|
|
(12,453 |
) |
|
Capital expenditures
|
|
|
7,940 |
|
|
|
1,627 |
|
|
|
- |
|
|
|
9,567 |
|
| |
|
Year ended September 30, 2023
|
|
|
(in thousands)
|
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$ |
225,722 |
|
|
$ |
42,998 |
|
|
$ |
- |
|
|
$ |
268,720 |
|
|
Revenue from internal customers (Clearfield)
|
|
|
- |
|
|
|
5,408 |
|
|
|
(5,408 |
) |
|
|
- |
|
|
Net investment income
|
|
|
5,315 |
|
|
|
7 |
|
|
|
(116 |
) |
|
|
5,206 |
|
|
Interest expense
|
|
|
170 |
|
|
|
827 |
|
|
|
(116 |
) |
|
|
881 |
|
|
Depreciation and amortization
|
|
|
4,598 |
|
|
|
1,456 |
|
|
|
- |
|
|
|
6,054 |
|
|
Stock based compensation
|
|
|
3,528 |
|
|
|
50 |
|
|
|
- |
|
|
|
3,578 |
|
|
Income taxes
|
|
|
8,883 |
|
|
|
196 |
|
|
|
- |
|
|
|
9,079 |
|
|
Net income
|
|
|
32,834 |
|
|
|
719 |
|
|
|
(1,020 |
) |
|
|
32,533 |
|
|
Capital expenditures
|
|
|
6,759 |
|
|
|
925 |
|
|
|
- |
|
|
|
7,684 |
|
|
| Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
| |
|
Year ended September 30, 2024
|
|
|
(in thousands)
|
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Goodwill
|
|
$ |
4,709 |
|
|
$ |
1,918 |
|
|
$ |
- |
|
|
$ |
6,627 |
|
|
Total assets
|
|
$ |
300,472 |
|
|
$ |
38,773 |
|
|
$ |
(23,970 |
) |
|
$ |
315,275 |
|
| |
|
Year ended September 30, 2023
|
|
|
(in thousands)
|
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Goodwill
|
|
$ |
4,709 |
|
|
$ |
1,819 |
|
|
$ |
- |
|
|
$ |
6,528 |
|
|
Total assets
|
|
$ |
335,412 |
|
|
$ |
43,550 |
|
|
$ |
(23,445 |
) |
|
$ |
355,517 |
|
|