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Revenue Recognition
3 Months Ended
Mar. 31, 2019
Revenue Recognition And Deferred Revenue [Abstract]  
Unearned Revenue

Note 9 – Revenue Recognition

The aggregate amount of transaction price allocated to material rights that remain unsatisfied as of March 31, 2019 is $1,383. We expect to recognize into revenue, 58% of this balance in the next 9 months, and the remaining 21%, 12%, 5% and 4% in 2020, 2021, 2022 and 2023, respectively.

Unearned revenue by segment was as follows:

 

 

March 31,

2019

 

 

December 31, 2018

 

Automotive

$

1,383

 

 

$

1,597

 

Industrial

 

 

 

 

 

Total

$

1,383

 

 

$

1,597

 

Note 9 – Revenue Recognition – Continued

Changes in unearned revenue were as follows:

 

Three Months Ended March 31, 2019

  

 

 

Balance, beginning of period

$

1,597

  

Additions to unearned revenue

 

227

  

Reclassified to revenue

 

(281

)

Reclassified to held for sale

 

(161

)

Currency impacts

 

1

 

Balance, end of period

$

1,383

 

Revenue allocated to remaining performance obligations represents contracted revenue that has not yet been recognized, which includes unearned revenue and amounts that will be invoiced and recognized as revenue in future periods.

Total costs to obtain a contract that were recognized on the consolidated condensed balance sheets as of March 31, 2019 and December 31, 2018 were immaterial.