| Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
| |
|
Three months ended June 30, 2025
|
|
| |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
| (in thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue from external customers
|
|
$
|
38,755 |
|
|
$
|
11,148 |
|
|
$
|
- |
|
|
$
|
49,903 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
262 |
|
|
|
(262 |
)
|
|
|
- |
|
|
Net investment income
|
|
|
1,646 |
|
|
|
- |
|
|
|
(58 |
)
|
|
|
1,588 |
|
|
Interest expense
|
|
|
- |
|
|
|
164 |
|
|
|
(58 |
)
|
|
|
106 |
|
|
Depreciation and amortization
|
|
|
1,581 |
|
|
|
336 |
|
|
|
- |
|
|
|
1,917 |
|
|
Stock based compensation
|
|
|
1,196 |
|
|
|
117 |
|
|
|
- |
|
|
|
1,313 |
|
|
Income tax expense
|
|
|
787 |
|
|
|
585 |
|
|
|
- |
|
|
|
1,372 |
|
|
Net income (loss)
|
|
|
2,219 |
|
|
|
(709 |
) |
|
|
96 |
|
|
|
1,606 |
|
|
Capital expenditures
|
|
|
406 |
|
|
|
1 |
|
|
|
- |
|
|
|
407 |
|
| |
|
Nine months ended June 30, 2025
|
|
| |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
| (in thousands) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue from external customers
|
|
$
|
109,074 |
|
|
$
|
23,473 |
|
|
$
|
- |
|
|
$
|
132,547 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
1,226 |
|
|
|
(1,226 |
)
|
|
|
- |
|
|
Net investment income
|
|
|
5,099 |
|
|
|
- |
|
|
|
(179 |
)
|
|
|
4,920 |
|
|
Interest expense
|
|
|
- |
|
|
|
454 |
|
|
|
(179 |
)
|
|
|
275 |
|
|
Depreciation and amortization
|
|
|
4,763 |
|
|
|
1,003 |
|
|
|
- |
|
|
|
5,766 |
|
|
Stock based compensation
|
|
|
3,417 |
|
|
|
323 |
|
|
|
- |
|
|
|
3,740 |
|
|
Income tax expense (benefit)
|
|
|
1,562 |
|
|
|
(161 |
) |
|
|
- |
|
|
|
1,401 |
|
|
Net income (loss)
|
|
|
4,064 |
|
|
|
(3,335 |
) |
|
|
299 |
|
|
|
1,028 |
|
|
Capital expenditures
|
|
|
2,796 |
|
|
|
1,684 |
|
|
|
- |
|
|
|
4,480 |
|
| |
|
Three months ended June 30, 2024
|
|
| |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue from external customers
|
|
$
|
33,670 |
|
|
$
|
15,123 |
|
|
$
|
- |
|
|
$
|
48,793 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
389 |
|
|
|
(389 |
)
|
|
|
- |
|
|
Net investment income
|
|
|
1,799 |
|
|
|
- |
|
|
|
(64 |
)
|
|
|
1,735 |
|
|
Interest expense
|
|
|
- |
|
|
|
213 |
|
|
|
(60 |
)
|
|
|
153 |
|
|
Depreciation and amortization
|
|
|
1,535 |
|
|
|
375 |
|
|
|
- |
|
|
|
1,910 |
|
|
Stock based compensation
|
|
|
1,080 |
|
|
|
72 |
|
|
|
- |
|
|
|
1,152 |
|
|
Income tax benefit
|
|
|
(249 |
)
|
|
|
(28 |
)
|
|
|
- |
|
|
|
(277 |
)
|
|
Net income (loss)
|
|
|
(478 |
)
|
|
|
(164 |
)
|
|
|
195 |
|
|
|
(447 |
) |
|
Capital expenditures
|
|
|
1,115 |
|
|
|
106 |
|
|
|
- |
|
|
|
1,221 |
|
| |
|
Nine months ended June 30, 2024
|
|
| |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue from external customers
|
|
$
|
89,371 |
|
|
$
|
30,562 |
|
|
$
|
- |
|
|
$
|
119,933 |
|
|
Revenue from internal customers (Clearfield, Inc.)
|
|
|
- |
|
|
|
1,490 |
|
|
|
(1,490 |
) |
|
|
- |
|
|
Net investment income
|
|
|
5,832 |
|
|
|
- |
|
|
|
(179 |
) |
|
|
5,653 |
|
|
Interest expense
|
|
|
- |
|
|
|
558 |
|
|
|
(177 |
) |
|
|
381 |
|
|
Depreciation and amortization
|
|
|
4,383 |
|
|
|
1,098 |
|
|
|
- |
|
|
|
5,481 |
|
|
Stock based compensation
|
|
|
3,242 |
|
|
|
195 |
|
|
|
- |
|
|
|
3,437 |
|
|
Income tax benefit
|
|
|
(2,657 |
) |
|
|
(654 |
) |
|
|
- |
|
|
|
(3,311 |
) |
|
Net loss
|
|
|
(8,862 |
) |
|
|
(2,836 |
) |
|
|
72 |
|
|
|
(11,626 |
) |
|
Capital expenditures
|
|
|
4,207 |
|
|
|
1,401 |
|
|
|
- |
|
|
|
5,608 |
|
|
| Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
| |
|
June 30, 2025
|
|
| |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goodwill
|
|
$
|
4,709 |
|
|
$
|
2,031 |
|
|
$
|
- |
|
|
$
|
6,740 |
|
|
Total assets
|
|
$
|
292,178 |
|
|
$
|
46,204 |
|
|
$
|
(23,672 |
)
|
|
$
|
314,710 |
|
| |
|
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 |
|
|