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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with CustomersRevenue 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. During the six months ended June 30, 2022, we received equipment from a customer as part of the selling price of goods transferred. This noncash consideration was recognized as revenue equal to the fair value of the equipment received.
The following tables summarize revenue by customer geographical region.
Three Months Ended June 30, 2022
Mobile
Solutions
Power
Solutions
Intersegment
Sales
Eliminations
Total
United States and Puerto Rico$35,954 $40,377 $(37)$76,294 
China8,764 1,233 — 9,997 
Brazil11,293 312 — 11,605 
Mexico8,087 4,358 — 12,445 
Germany1,121 73 — 1,194 
Poland1,158 — 1,159 
Other6,973 5,695 — 12,668 
Total net sales$73,350 $52,049 $(37)$125,362 

Three Months Ended June 30, 2021
Mobile
Solutions
Power
Solutions
Intersegment
Sales
Eliminations
Total
United States and Puerto Rico$35,284 $39,424 $— $74,708 
China13,219 1,282 — 14,501 
Brazil9,985 343 — 10,328 
Mexico4,829 4,349 — 9,178 
Germany1,369 96 — 1,465 
Poland904 — 907 
Other8,296 3,774 — 12,070 
Total net sales$73,886 $49,271 $— $123,157 
Six Months Ended June 30, 2022
Mobile
Solutions
Power
Solutions
Intersegment
Sales
Eliminations
Total
United States and Puerto Rico$73,764 $80,863 $(51)$154,576 
China21,316 2,477 — 23,793 
Brazil22,013 657 — 22,670 
Mexico13,151 9,099 — 22,250 
Germany2,404 135 — 2,539 
Poland2,498 — 2,503 
Other14,274 10,824 — 25,098 
Total net sales$149,420 $104,060 $(51)$253,429 

 Six Months Ended June 30, 2021
 Mobile
Solutions
Power
Solutions
Intersegment
Sales
Eliminations
Total
United States and Puerto Rico$72,722 $79,230 $(47)$151,905 
China27,633 2,788 — 30,421 
Brazil19,653 535 — 20,188 
Mexico9,844 7,746 — 17,590 
Germany3,136 260 — 3,396 
Poland2,084 — 2,091 
Other16,590 7,780 — 24,370 
Total net sales$151,662 $98,346 $(47)$249,961 
The following tables summarize revenue by customer industry. 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.
Three Months Ended June 30, 2022
Mobile
Solutions
Power
Solutions
Intersegment
Sales
Eliminations
Total
Automotive$48,850 $9,728 $— $58,578 
General Industrial20,532 16,640 — 37,172 
Residential/Commercial Electrical— 18,757 — 18,757 
Other3,968 6,924 (37)10,855 
Total net sales$73,350 $52,049 $(37)$125,362 

Three Months Ended June 30, 2021
Mobile
Solutions
Power
Solutions
Intersegment
Sales
Eliminations
Total
Automotive$46,247 $9,657 $— $55,904 
General Industrial24,449 15,057 — 39,506 
Residential/Commercial Electrical— 16,219 — 16,219 
Other3,190 8,338 — 11,528 
Total net sales$73,886 $49,271 $— $123,157 

Six Months Ended June 30, 2022
Mobile
Solutions
Power
Solutions
Intersegment
Sales
Eliminations
Total
Automotive$99,446 $19,806 $— $119,252 
General Industrial42,337 32,975 — 75,312 
Residential/Commercial Electrical— 35,956 — 35,956 
Other7,637 15,323 (51)22,909 
Total net sales$149,420 $104,060 $(51)$253,429 

Six Months Ended June 30, 2021
Mobile
Solutions
Power
Solutions
Intersegment
Sales
Eliminations
Total
Automotive$96,391 $20,082 $— $116,473 
General Industrial48,759 30,431 — 79,190 
Residential/Commercial Electrical— 31,573 — 31,573 
Other6,512 16,260 (47)22,725 
Total net sales$151,662 $98,346 $(47)$249,961 
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. The balance of deferred revenue was $0.6 million and $0.5 million as of June 30, 2022 and December 31, 2021, respectively. Revenue recognized for performance obligations satisfied or partially satisfied during the six months ended June 30, 2022 included $0.5 million that was included in deferred revenue as of December 31, 2021.
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 June 30, 2022, 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.