| Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
| |
|
Three months ended March 31, 2025
|
|
|
(in thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$
|
40,621 |
|
|
$
|
6,547 |
|
|
$
|
- |
|
|
$
|
47,168 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
298 |
|
|
|
(298 |
)
|
|
|
- |
|
|
Net investment income
|
|
|
1,648 |
|
|
|
- |
|
|
|
(59 |
)
|
|
|
1,589 |
|
|
Interest expense
|
|
|
- |
|
|
|
128 |
|
|
|
(59 |
)
|
|
|
69 |
|
|
Depreciation and amortization
|
|
|
1,547 |
|
|
|
328 |
|
|
|
- |
|
|
|
1,876 |
|
|
Stock based compensation
|
|
|
1,171 |
|
|
|
117 |
|
|
|
- |
|
|
|
1,288 |
|
|
Income tax expense (benefit)
|
|
|
722 |
|
|
|
(267 |
)
|
|
|
- |
|
|
|
455 |
|
|
Net income (loss)
|
|
|
2,339 |
|
|
|
(1,188 |
) |
|
|
176 |
|
|
|
1,327 |
|
|
Capital expenditures
|
|
|
1,067 |
|
|
|
1,327 |
|
|
|
- |
|
|
|
2,394 |
|
| |
|
Six months ended March 31, 2025
|
|
|
(in thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$
|
70,319 |
|
|
$
|
12,325 |
|
|
$
|
- |
|
|
$
|
82,644 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
964 |
|
|
|
(964 |
)
|
|
|
- |
|
|
Net investment income
|
|
|
3,451 |
|
|
|
- |
|
|
|
(119 |
)
|
|
|
3,332 |
|
|
Interest expense
|
|
|
- |
|
|
|
288 |
|
|
|
(119 |
)
|
|
|
169 |
|
|
Depreciation and amortization
|
|
|
3,061 |
|
|
|
650 |
|
|
|
- |
|
|
|
3,711 |
|
|
Stock based compensation
|
|
|
2,221 |
|
|
|
206 |
|
|
|
- |
|
|
|
2,427 |
|
|
Income tax expense (benefit)
|
|
|
775 |
|
|
|
(746 |
) |
|
|
- |
|
|
|
29 |
|
|
Net income (loss)
|
|
|
1,845 |
|
|
|
(2,624 |
) |
|
|
202 |
|
|
|
(579 |
)
|
|
Capital expenditures
|
|
|
2,390 |
|
|
|
1,643 |
|
|
|
- |
|
|
|
4,033 |
|
| |
|
Three months ended March 31, 2024
|
|
| (in thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$
|
27,600 |
|
|
$
|
9,310 |
|
|
$
|
- |
|
|
$
|
36,910 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
218 |
|
|
|
(218 |
)
|
|
|
- |
|
|
Net investment income
|
|
|
1,906 |
|
|
|
2 |
|
|
|
(59 |
)
|
|
|
1,849 |
|
|
Interest expense
|
|
|
- |
|
|
|
161 |
|
|
|
(59 |
)
|
|
|
102 |
|
|
Depreciation and amortization
|
|
|
1,551 |
|
|
|
369 |
|
|
|
- |
|
|
|
1,920 |
|
|
Stock based compensation
|
|
|
940 |
|
|
|
72 |
|
|
|
- |
|
|
|
1,012 |
|
|
Income tax expense (benefit)
|
|
|
(1,825 |
)
|
|
|
(258 |
)
|
|
|
- |
|
|
|
(2,083 |
)
|
|
Net loss
|
|
|
(5,001 |
)
|
|
|
(913 |
)
|
|
|
3 |
|
|
|
(5,911 |
) |
|
Capital expenditures
|
|
|
1,806 |
|
|
|
165 |
|
|
|
- |
|
|
|
1,971 |
|
| |
|
Six months ended March 31, 2024
|
|
| (in thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$
|
55,700 |
|
|
$
|
15,440 |
|
|
$
|
- |
|
|
$
|
71,140 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
1,101 |
|
|
|
(1,101 |
) |
|
|
- |
|
|
Net investment income
|
|
|
4,032 |
|
|
|
4 |
|
|
|
(118 |
) |
|
|
3,918 |
|
|
Interest expense
|
|
|
- |
|
|
|
346 |
|
|
|
(118 |
) |
|
|
228 |
|
|
Depreciation and amortization
|
|
|
2,848 |
|
|
|
724 |
|
|
|
- |
|
|
|
3,572 |
|
|
Stock based compensation
|
|
|
2,161 |
|
|
|
123 |
|
|
|
- |
|
|
|
2,284 |
|
|
Income tax expense (benefit)
|
|
|
(2,408 |
) |
|
|
(626 |
) |
|
|
- |
|
|
|
(3,034 |
) |
|
Net loss
|
|
|
(8,384 |
) |
|
|
(2,673 |
) |
|
|
(122 |
) |
|
|
(11,179 |
) |
|
Capital expenditures
|
|
|
3,093 |
|
|
|
1,296 |
|
|
|
- |
|
|
|
4,389 |
|
|
| Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
| |
|
March 31, 2025
|
|
| (in thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Goodwill
|
|
$
|
4,709 |
|
|
$
|
1,865 |
|
|
$
|
- |
|
|
$
|
6,573 |
|
|
Total assets
|
|
$
|
293,840 |
|
|
$
|
40,193 |
|
|
$
|
(23,176 |
)
|
|
$
|
310,857 |
|
| |
|
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 |
|
|