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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2018
Revenue From Contract With Customer [Abstract]  
Disaggregation of Revenue

Information regarding revenues disaggregated by the timing of when goods and services are transferred is as follows:

 

 

 

Twelve Months Ended

 

 

 

December 31, 2018

 

 

 

(In thousands)

 

Revenue recognized over time

 

$

12,943

 

Revenue recognized at a point in time

 

 

420,789

 

Net Sales

 

$

433,732

 

Contract with Customer, Liability and Receivables

The opening and closing balances of the Company's receivables and contract liabilities are as follows:

 

 

 

December 31, 2018

 

 

December 31, 2017

 

 

 

(In thousands)

 

Receivables

 

$

66,300

 

 

$

58,210

 

Contract liabilities

 

 

15,793

 

 

 

9,670