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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2018
Revenue Recognition [Abstract]  
Schedule of Disaggregation of Revenue by Major Market

The following table disaggregates the Company’s revenue by major market:

 

 

 

For the Year Ended December 31, 2018

 

 

 

Material

Handling

 

 

Distribution

 

 

Inter-company

 

 

Consolidated

 

Consumer

 

$

78,174

 

 

$

 

 

$

 

 

$

78,174

 

Vehicle

 

 

95,247

 

 

 

 

 

 

 

 

 

95,247

 

Food and beverage

 

 

101,610

 

 

 

 

 

 

 

 

 

101,610

 

Industrial

 

 

142,168

 

 

 

 

 

 

(100

)

 

 

142,068

 

Auto aftermarket

 

 

 

 

 

149,636

 

 

 

 

 

 

149,636

 

Total net sales

 

$

417,199

 

 

$

149,636

 

 

$

(100

)

 

$

566,735

 

Schedule of Balances Included in Consolidated Statements of Financial Position Related to Revenue Recognition

Amounts included in the Consolidated Statements of Financial Position related to revenue recognition include:

 

 

 

December 31,

 

 

December 31,

 

 

Statement of Financial Position

 

 

2018

 

 

2017

 

 

Classification

Returns, discounts and other allowances

 

$

(1,169

)

 

$

(853

)

 

Accounts receivable

Right of return asset

 

 

535

 

 

 

292

 

 

Inventories, net

Customer deposits

 

 

(806

)

 

 

(140

)

 

Other current liabilities

Accrued rebates

 

 

(2,559

)

 

 

(2,962

)

 

Other current liabilities