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REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 31, 2018
REVENUE RECOGNITION  
Schedule of reconciliation of disaggregated revenue to segment revenue as well as revenue by geographical regions

A reconciliation of disaggregated revenue to segment revenue as well as revenue by geographical regions is provided in Note 12, Segment Information (in thousands).

 

 

 

 

 

 

Year ended

Target Market

    

December 31, 2018

Vehicle

 

$

121,864

Industrial

 

 

101,332

Medical

 

 

43,239

Aerospace & Defense

 

 

35,927

Other

 

 

8,249

Total

 

$

310,611

 

 

 

 

 

 

 

Year ended

Geography

    

December 31, 2018

United States

 

$

184,507

Europe

 

 

123,771

Asia

 

 

2,333

Total

 

$

310,611

 

Schedule of opening and closing balances of the Company's receivables, contract asset, and contract liability

The opening and closing balances of the Company’s receivables, contract asset, and contract liability are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

    

Receivables

    

Contract Asset

    

Contract Liability

Opening balance

 

$

 —

 

$

 —

 

$

719

Closing balance

 

 

 —

 

 

 —

 

 

533

Decrease

 

$

 —

 

$

 —

 

$

(186)