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Revenue from Contracts with Customers
 12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customers Revenue from Contracts with Customers
Revenue is recognized when control of the good or service is transferred to the customer either at a point in time or, in limited circumstances, as our services are rendered over time. Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or services. The following tables summarize revenue by customer geographical region.
Year Ended December 31, 2021
Mobile
Solutions		Power
Solutions		Intersegment
Sales
Eliminations		Total
United States and Puerto Rico$140,383 $152,931 $(79)$293,235 
China52,227 4,745 — 56,972 
Brazil34,644 811 — 35,455 
Mexico19,520 16,177 — 35,697 
Germany5,230 546 — 5,776 
Poland3,743 18 — 3,761 
Other30,116 16,572 — 46,688 
Total net sales$285,863 $191,800 $(79)$477,584 
 Year Ended December 31, 2020
 Mobile
Solutions		Power
Solutions		Intersegment
Sales
Eliminations		Total
United States and Puerto Rico$129,147 $139,499 $(95)$268,551 
China46,442 5,563 — 52,005 
Brazil27,055 689 — 27,744 
Mexico16,465 13,400 — 29,865 
Germany5,846 378 — 6,224 
Poland4,913 14 — 4,927 
Other26,492 11,726 — 38,218 
Total net sales$256,360 $171,269 $(95)$427,534 
Year Ended December 31, 2019
Mobile
Solutions		Power
Solutions		Intersegment
Sales
Eliminations		Total
United States and Puerto Rico$162,445 $156,945 $(335)$319,055 
China38,793 6,722 — 45,515 
Brazil36,058 300 — 36,358 
Mexico18,815 13,489 — 32,304 
Germany6,372 65 — 6,437 
Poland6,363 15 — 6,378 
Other28,903 14,564 — 43,467 
Total net sales$297,749 $192,100 $(335)$489,514 
The following tables summarize revenue by customer industry for the years ended December 31, 2021 and 2020. Comparable sales data by customer industry is not available prior to 2020. Our products in the automotive industry include high-precision components and assemblies for electric power steering systems, electric braking, electric motors, fuel systems, emissions control, transmissions, moldings, stampings, sensors, and electrical contacts. Our products in the general industrial industry include high-precision metal and plastic components for a variety of industrial applications including diesel industrial motors, heating and cooling systems, fluid power systems, power tools, and more. While many of the industries we serve include electrical components, our products in the residential/commercial electrical industry category in the following tables include components used in smart meters, charging stations, circuit breakers, transformers, electrical contact assemblies, precision stampings, welded contact assemblies, and specification plating and surface finishing.
Year Ended December 31, 2021
Mobile
Solutions		Power
Solutions		Intersegment
Sales
Eliminations		Total
Automotive$182,094 $38,779 $— $220,873 
General Industrial90,290 60,312 — 150,602 
Residential/Commercial Electrical— 61,748 — 61,748 
Other13,479 30,961 (79)44,361 
Total net sales$285,863 $191,800 $(79)$477,584 

Year Ended December 31, 2020
Mobile
Solutions		Power
Solutions		Intersegment
Sales
Eliminations		Total
Automotive$170,389 $31,422 $— $201,811 
General Industrial75,610 52,714 — 128,324 
Residential/Commercial Electrical— 58,143 — 58,143 
Other10,361 28,990 (95)39,256 
Total net sales$256,360 $171,269 $(95)$427,534 

Product Sales
We generally transfer control and recognize a sale when we ship the product from our manufacturing facility to our customer, at a point in time, as this is when our customer obtains the ability to direct use of, and obtain substantially all of the remaining benefits from, the goods. We have elected to recognize the cost for freight and shipping when control over products has transferred to the customer as a component of cost of sales.
We use an observable price to determine the stand-alone selling price for separate performance obligations or a cost-plus-margin approach when an observable price is not available. The expected duration of our contracts is one year or less, and we have elected to apply the practical expedient that allows entities to disregard the effects of financing when the contract length is less than one year. The amount of consideration we receive and the revenue we recognize varies with volume rebates and incentives we offer to our customers. We estimate the amount of variable consideration that should be included in the
transaction price utilizing the expected value method or the most likely amount method depending on the nature of the variable consideration. Variable consideration is included in the transaction price if, in our judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur.
We utilize the portfolio approach practical expedient to evaluate sales-related discounts on a portfolio basis to contracts with similar characteristics. The effect on our consolidated financial statements of applying the portfolio approach would not differ materially from evaluation of individual contracts.
We give our customers the right to return only defective products in exchange for functioning products or rework of the product. These transactions are evaluated and accounted for under ASC Topic 460, Guarantees, and we estimate the impact to the transaction price based on an analysis of historical experience.
Other Sources of Revenue
We provide pre-production activities related to engineering efforts to develop molds, dies, and machines that are owned by our customers. We may receive advance payments from customers which are deferred until satisfying our performance obligations by compliance with customer-specified milestones, recognizing revenue at a point in time. These contracts generally have an original expected duration of less than one year.
The following table provides information about contract liabilities from contracts with customers.
Deferred
Revenue
Balance at December 31, 2020$766 
Balance at December 31, 2021$489 
The timing of revenue recognition, billings, and cash collections results in billed accounts receivable and customer advances and deposits (e.g. contract liability) on the Consolidated Balance Sheets. These contract liabilities are reported on the Consolidated Balance Sheets on a contract-by-contract basis at the end of each reporting period as deferred revenue. Deferred revenue relates to payments received in advance of performance under the contract and recognized as revenue as (or when) we perform under the contract. Changes in the contract liability balances during the year ended December 31, 2021, were not materially impacted by any other factors. Revenue recognized for the year ended December 31, 2021, from amounts included in deferred revenue at the beginning of the period for performance obligations satisfied or partially satisfied during the period was $0.8 million. Deferred revenue is reported in the “Other current liabilities” line on the Consolidated Balance Sheets.
Transaction Price Allocated to Future Performance Obligations
We are required to disclose the aggregate amount of transaction price that is allocated to performance obligations that have not yet been satisfied as of December 31, 2021, unless our contracts meet one of the practical expedients. Our contracts met the practical expedient for a performance obligation that is part of a contract that has an original expected duration of one year or less.
Costs to Obtain and Fulfill a Contract
We recognize commissions paid to internal sales personnel that are incremental to obtaining customer contracts as an expense when incurred since the amortization period is less than one year. Costs to obtain a contract are expensed as selling, general and administrative expense.
Sales, VAT, and other taxes we collect concurrent with revenue-producing activities are excluded from revenue. Incidental items that are immaterial in the context of the contract are recognized as expense.
Sales Concentration
We recognized sales from a single customer of $49.7 million, or 10% of consolidated net sales, during the year ended December 31, 2019. Revenues from this customer are in our Mobile Solutions segment and were less than 10% of consolidated net sales during the years ended December 31, 2021 and 2020.