REVENUE FROM CONTRACTS WITH CUSTOMERS

3 Months Ended

Dec. 31, 2018

REVENUE FROM CONTRACTS WITH CUSTOMERS [Abstract]

REVENUE FROM CONTRACTS WITH CUSTOMERS

3.  REVENUE FROM CONTRACTS WITH CUSTOMERS

Disaggregation of Revenue

The Company disaggregates revenue by product area and segment as it best depicts the nature and amount of the Company’s revenue.

The following table shows revenue generated by product area during the three months ended December 31, 2018 and 2017:

	Three Months Ended December 31,
	2018		2017
Revenue:
Electronic Materials:
CMP Slurries	$	126,329	$	114,435
Electronic Chemicals		39,822		-
CMP Pads		24,466		18,879
Total Electronic Materials		190,617		133,314
Performance Materials		31,161		6,665
Total revenue	$	221,778	$	139,979

Reconciliation of Contract Liability Balances

The following table provides information about contract liability balances:

	December 31, 2018		October 1, 2018
Contract liabilities (current)	$	5,091	$	5,310
Contract liabilities (noncurrent)		1,446		1,239

The contract liability balances as of October 1, 2018 in the table above include the amounts recorded upon the adoption of ASC 606.  At December 31, 2018, the current portion of contract liabilities of $5,091 is included in accrued liabilities, taxes payable and other current liabilities and the noncurrent portion of $1,446 is included in other long-term liabilities in the Consolidated Balance Sheets.  The amount of revenue recognized during the three months ended December 31, 2018 that were included in the opening current contract liability balances in our Performance Materials segment were $2,153.  The amount of revenue recognized during the three months ended December 31, 2018 that was included in our opening contract liability balances in our Electronic Materials segment was not material.

Transaction Price Allocated to Remaining Performance Obligations

The table below discloses (1) the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied (or partially unsatisfied) as of the end of the reporting period for contracts with an original duration of greater than one year and (2) when the Company expects to recognize this revenue.

	Less Than 1 Year			1-3 Years			3-5 Years			Total
Revenue expected to be recognized on contract liability amounts as of December 31, 2018		$	482		$	1,083		$	363		$	1,928