Company: DXPE
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001020710-25-000036
Chunk: 41

Company: DXP ENTERPRISES INC
Filing Date: 2025-03-10
Form: 10-K
Item: Item 7A
Chunk 41
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 specific market; opportunities to grow profitability; new products, services or new customer accounts; confidence in management; and competitive landscape and intensity. As a part of the Company's annual business planning, the CODM reviews our reportable segment composition and financial performance. As a result of this review, on January 1st, 2024, we moved certain branch locations previously reported under our IPS segment to our SC segment. Prior period segment disclosures have been recast.The following table sets out financial information related to the Company’s segments (in thousands):Years Ended December 31,Service CentersInnovative Pumping SolutionsSupply Chain ServicesTotal2024    Total Revenue$1,222,599 $323,026 $256,415 $1,802,040 Operating income for reportable segments$174,995 $53,736 $21,742 $250,473 Identifiable assets at year end$764,533 $311,429 $62,760 $1,138,722 Capital expenditures$4,423 $2,586 $13 $7,022 Depreciation$3,142 $3,379 $32 $6,553 Amortization of finance leases$3,594 $508 $133 $4,235  Years Ended December 31,Service CentersInnovative Pumping SolutionsSupply Chain ServicesTotal2023    Total Revenue$1,199,501 $218,731 $260,368 $1,678,600 Operating income for reportable segments$172,095 $35,147 $21,522 $228,764 Identifiable assets at year end$660,209 $233,552 $62,610 $956,371 Capital expenditures$6,065 $1,972 $— $8,037 Depreciation$2,734 $3,713 $27 $6,474 Amortization of finance leases$3,026 $214 $45 $3,285 

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Years Ended December 31,Service CentersInnovative Pumping SolutionsSupply Chain ServicesTotal2022    Total Revenue$1,041,462 $198,895 $240,475 $1,480,832 Operating income for reportable segments$132,421 $24,773 $19,547 $176