ACME UNITED CORP Segments Disclosure
10. Segment Information
The Company aligns its businesses into three reportable business segments based on geographical location. This segment structure reflects (i) the manner in which the (“CODM”), who is the Company’s Chief Executive Officer, regularly assesses information for decision-making purposes, including the allocation of resources, and (ii) how the Company operates its businesses, assesses performance, and communicates results and strategy, among other items, to the Board and its stockholders.
The Company’s reportable business segments consist of: (1) United States; (2) Canada; and (3) Europe. As described below, the activities of the Company’s Asian operations are closely linked to those of the U.S. operations; accordingly, the Company’s CODM reviews the financial results of both on a consolidated basis, and the results of the Asian operations have been aggregated with the results of the United States operations to form one reportable segment called the “United States segment” or “U.S. segment”. Each reportable segment derives its revenue from the sales of i) first aid and medical products and ii) cutting and sharpening tools to school, home, office, hardware, sporting and industrial markets.
The Company's CODM evaluates the performance of each operating segment based on segment revenues and operating income. Segment revenues are defined as total revenues, excluding inter-segment revenue. Segment operating earnings are defined as segment revenues, less cost of goods sold and operating expenses. Assets are reviewed by the CODM on a consolidated basis and therefore are not presented by reportable business segment.
The following table sets forth certain financial data by segment for the years ended December 31, 2025 and 2024:
Financial data by segment:
(000’s omitted)
For the twelve months ended December 31, 2025 |
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(amounts in 000's) |
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United States |
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Canada |
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Europe |
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Total |
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Net Sales |
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$ |
165,143 |
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$ |
15,128 |
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$ |
16,271 |
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$ |
196,542 |
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Less: Segment cost of sales |
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99,798 |
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9,189 |
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10,144 |
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Less: Segment selling, general, and administrative expenses |
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51,983 |
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4,916 |
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5,787 |
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62,686 |
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Segment operating income |
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$ |
13,362 |
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$ |
1,023 |
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$ |
340 |
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$ |
14,725 |
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Interest expense |
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(1,683 |
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Interest income |
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123 |
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Other income, net |
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(47 |
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Income before income taxes |
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$ |
13,118 |
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Assets |
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147,573 |
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10,520 |
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12,905 |
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170,998 |
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Additions to property, plant and equipment |
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10,593 |
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30 |
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29 |
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10,652 |
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Depreciation and amortization |
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6,105 |
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137 |
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105 |
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6,347 |
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For the twelve months ended December 31, 2024 |
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(amounts in 000's) |
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United States |
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Canada |
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Europe |
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Total |
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Net Sales |
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$ |
166,152 |
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$ |
13,261 |
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$ |
15,077 |
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$ |
194,490 |
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Less: Segment cost of sales |
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100,092 |
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8,294 |
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9,753 |
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118,139 |
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Less: Segment selling, general, and administrative expenses |
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52,815 |
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4,269 |
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5,127 |
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62,211 |
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Segment operating income |
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$ |
13,245 |
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$ |
698 |
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$ |
197 |
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$ |
14,140 |
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Interest expense |
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(2,083 |
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Interest income |
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141 |
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Other (expense), net |
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95 |
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Income before income taxes |
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$ |
12,293 |
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Assets |
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143,538 |
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9,677 |
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8,956 |
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162,171 |
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Additions to property, plant and equipment |
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6,866 |
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197 |
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85 |
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7,148 |
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Depreciation and amortization |
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5,663 |
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350 |
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56 |
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6,069 |
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The table below presents revenue by geographic area. Revenues are attributed to countries based on location of the customer.
(000’s omitted)
Revenues |
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2025 |
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2024 |
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United States |
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$ |
164,071 |
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$ |
165,080 |
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International: |
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Canada |
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15,128 |
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13,261 |
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Europe |
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16,271 |
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15,077 |
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Other |
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1,072 |
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1,072 |
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Total International |
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$ |
32,471 |
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$ |
29,410 |
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Total Revenues |
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$ |
196,542 |
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$ |
194,490 |
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The table below presents long-lived assets by geographic area. Long-lived assets are attributed to countries based on location of the asset.
(000’s omitted)
Long-lived assets |
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2025 |
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2024 |
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United States |
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$ |
69,604 |
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$ |
62,499 |
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International: |
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Canada |
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3,311 |
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3,814 |
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Europe |
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1,828 |
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266 |
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Other |
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60 |
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130 |
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Total International |
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$ |
5,199 |
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$ |
4,210 |
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Total Long-lived assets |
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$ |
74,803 |
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$ |
66,709 |
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Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 11, 2026 | Showing above |
| 2024 | Mar 6, 2025 | |
| 2023 | Mar 7, 2024 | |
| 2022 | Mar 10, 2023 | |
| 2021 | Mar 30, 2022 | |
| 2020 | Mar 31, 2021 | |
| 2019 | Mar 13, 2020 | |
| 2018 | Mar 15, 2019 | |
| 2017 | Mar 15, 2018 | |
| 2016 | Mar 10, 2017 | |
| 2015 | Mar 11, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.