| Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
| |
|
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 |
|
| |
|
Year ended September 30, 2022
|
|
|
(in thousands) |
|
Clearfield
|
|
|
Nestor Cables
|
|
|
Eliminations
|
|
|
Consolidated
|
|
|
Revenue from external customers
|
|
$ |
263,822 |
|
|
$ |
7,061 |
|
|
$ |
- |
|
|
$ |
270,883 |
|
|
Revenue from internal customers (Clearfield)
|
|
|
- |
|
|
|
182 |
|
|
|
(182 |
) |
|
|
- |
|
|
Net investment income
|
|
|
327 |
|
|
|
1 |
|
|
|
- |
|
|
|
328 |
|
|
Interest Expense
|
|
|
141 |
|
|
|
170 |
|
|
|
- |
|
|
|
311 |
|
|
Depreciation and amortization
|
|
|
3,187 |
|
|
|
239 |
|
|
|
- |
|
|
|
3,426 |
|
|
Stock based compensation
|
|
|
2,339 |
|
|
|
- |
|
|
|
- |
|
|
|
2,339 |
|
|
Income taxes
|
|
|
14,258 |
|
|
|
214 |
|
|
|
- |
|
|
|
14,472 |
|
|
Net Income (loss)
|
|
|
49,771 |
|
|
|
(389 |
) |
|
|
(20 |
) |
|
|
49,362 |
|
|
Capital Expenditures
|
|
|
8,487 |
|
|
|
13 |
|
|
|
- |
|
|
|
8,500 |
|
|
| Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
| |
|
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 |
|
| |
|
Year ended 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 |
|
|