COLUMBUS MCKINNON CORP
For the period ended Mar 31, 2024. Filed May 29, 2024.
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FY2024 · Filed May 29, 2024
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Business Segment Information
- Business Segment Information
ASC Topic 280, “Segment Reporting,” establishes the standards for reporting information about operating segments in financial statements. The Company hasone operating and reportable segment for both internal and external reporting purposes.
Financial information relating to the Company’s operations by geographic area is as follows:
| Year Ended March 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net sales: | |||
| United States | $591,497 | $595,363 | $548,620 |
| Germany | 233,797 | 175,294 | 188,134 |
| Europe, Middle East, and Africa (Excluding Germany) | 112,839 | 97,597 | 108,678 |
| Canada | 21,431 | 18,883 | 16,719 |
| Asia Pacific | 17,877 | 16,720 | 17,680 |
| Latin America | 36,099 | 32,383 | 26,724 |
| Total | $1,013,540 | $936,240 | $906,555 |
Note: Net sales to external customers are attributed to geographic areas based upon the location from which the product was shipped from the Company to the customer.
| Year Ended March 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Total assets: | |||
| United States | $1,129,237 | $1,127,321 | $1,105,956 |
| Germany | 553,103 | 417,167 | 422,671 |
| Europe, Middle East, and Africa (Excluding Germany) | 90,921 | 81,413 | 85,678 |
| Canada | 9,606 | 12,668 | 15,651 |
| Asia Pacific | 14,094 | 16,063 | 18,575 |
| Latin America | 28,984 | 43,823 | 37,176 |
| Total | $1,825,945 | $1,698,455 | $1,685,707 |
| Year Ended March 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Long-lived assets: | |||
| United States | $781,232 | $791,835 | $811,276 |
| Germany | 407,136 | 295,233 | 312,288 |
| Europe, Middle East, and Africa (Excluding Germany) | 8,156 | 8,254 | 7,416 |
| Canada | 1,190 | 1,267 | 1,446 |
| Asia Pacific | 2,058 | 2,207 | 2,574 |
| Latin America | 2,591 | 2,730 | 2,563 |
| Total | $1,202,363 | $1,101,526 | $1,137,563 |
Note: Long-lived assets include net property, plant, and equipment, goodwill, and other intangibles, net.
| Sales by major product group are as follows: | Year Ended March 31, | ||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Hoists | $494,726 | $456,300 | $432,524 |
| High Precision Conveyors | 163,462 | 149,586 | 144,587 |
| Chain and rigging tools | 74,075 | 76,990 | 83,461 |
| Industrial cranes | 39,520 | 38,369 | 43,482 |
| Actuators and rotary unions | 97,303 | 84,663 | 84,999 |
| Digital power control and delivery systems | 122,344 | 102,962 | 98,445 |
| Elevator application drive systems | 22,110 | 27,370 | 19,057 |
| Total | $1,013,540 | $936,240 | $906,555 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.