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Revenue (Tables)
12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables present the Company's revenue disaggregated by products and services, geographic regions and end markets, by segment:
2020
IndustrialAerospaceTotal Company
Product and Services
Engineered Components Products$161,024 $ $161,024 
Molding Solutions Products400,806  400,806 
Force & Motion Control Products153,397  153,397 
Automation Products54,892  54,892 
Aerospace Original Equipment Manufacturer Products 234,578 234,578 
Aerospace Aftermarket Product and Services 119,694 119,694 
$770,119 $354,272 $1,124,391 
Geographic Regions (A)
Americas$293,339 $257,370 $550,709 
Europe308,288 62,250 370,538 
Asia164,002 30,316 194,318 
Rest of World4,490 4,336 8,826 
$770,119 $354,272 $1,124,391 
End Markets
Aerospace OEM$11,182 $234,577 $245,759 
Aerospace Aftermarket 119,695 119,695 
Medical, Personal Care & Packaging213,725  213,725 
Tool and Die81,187  81,187 
General Industrial192,547  192,547 
Auto Molding Solutions125,337  125,337 
Auto Production91,249  91,249 
Automation54,892  54,892 
$770,119 $354,272 $1,124,391 
(A) Sales by geographic market are based on the location to which the product is shipped.
2019
IndustrialAerospaceTotal Company
Product and Services
Engineered Components Products$254,569 $— $254,569 
Molding Solutions Products442,564 — 442,564 
Force & Motion Control Products186,737 — 186,737 
Automation Products54,637 — 54,637 
Aerospace Original Equipment Manufacturer Products— 367,538 367,538 
Aerospace Aftermarket Product and Services— 185,073 185,073 
$938,507 $552,611 $1,491,118 
Geographic Regions (A)
Americas$365,903 $397,580 $763,483 
Europe349,001 99,204 448,205 
Asia219,872 51,754 271,626 
Rest of World3,731 4,073 7,804 
$938,507 $552,611 $1,491,118 
End Markets
Aerospace OEM$14,128 $367,538 $381,666 
Aerospace Aftermarket— 185,073 185,073 
Medical, Personal Care & Packaging222,963 — 222,963 
Tool and Die102,476 — 102,476 
General Industrial240,983 — 240,983 
Auto Molding Solutions144,122 — 144,122 
Auto Production159,197 — 159,197 
Automation54,638 — 54,638 
$938,507 $552,611 $1,491,118 
(A) Sales by geographic market are based on the location to which the product is shipped.
2018
IndustrialAerospaceTotal Company
Product and Services
Engineered Components Products$285,929 $— $285,929 
Molding Solutions Products503,793 — 503,793 
Force & Motion Control Products196,212 — 196,212 
Automation Products8,793 — 8,793 
Aerospace Original Equipment Manufacturer Products— 336,987 336,987 
Aerospace Aftermarket Product and Services— 164,175 164,175 
$994,727 $501,162 $1,495,889 
Geographic Regions (A)
Americas$394,361 $358,183 $752,544 
Europe368,159 94,561 462,720 
Asia228,663 44,298 272,961 
Rest of World3,544 4,120 7,664 
$994,727 $501,162 $1,495,889 
End Markets
Aerospace OEM$10,191 $336,987 $347,178 
Aerospace Aftermarket— 164,175 164,175 
Medical, Personal Care & Packaging220,269 — 220,269 
Tool and Die115,635 — 115,635 
General Industrial244,007 — 244,007 
Auto Molding Solutions208,767 — 208,767 
Auto Production187,065 — 187,065 
Automation8,793 — 8,793 
$994,727 $501,162 $1,495,889 
(A) Sales by geographic market are based on the location to which the product is shipped.
Contract with Customer, Asset and Liability
December 31, 2020December 31, 2019$ Change% Change
Unbilled receivables (contract assets)$33,009 $22,444 $10,565 47 %
Contract liabilities(39,865)(55,076)15,211 (28)%
Net contract liabilities$(6,856)$(32,632)$25,776 (79)%
Capitalized Contract Cost
December 31, 2020December 31, 2019
Tooling$4,976 $5,908 
Design costs2,871 3,209 
$7,847 $9,117