XML 38 R25.htm IDEA: XBRL DOCUMENT v3.22.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table presents the Company's revenue disaggregated by products and services, and geographic regions, by segment:
Three Months Ended
March 31, 2022
Three Months Ended
March 31, 2021
IndustrialAerospaceTotal CompanyIndustrialAerospaceTotal Company
Product and Services
Engineered Components Products$46,964 $— $46,964 $48,286 $— $48,286 
Molding Solutions Products103,036 — 103,036 108,547 — 108,547 
Force & Motion Control Products46,083 — 46,083 45,657 — 45,657 
Automation Products15,589 — 15,589 17,497 — 17,497 
Aerospace Original Equipment Manufacturing Products— 65,629 65,629 — 55,528 55,528 
Aerospace Aftermarket Product and Services— 35,082 35,082 — 26,114 26,114 
$211,672 $100,711 $312,383 $219,987 $81,642 $301,629 
Geographic Regions (A)
Americas$86,005 $72,497 $158,502 $82,895 $59,009 $141,904 
Europe82,369 19,821 102,190 88,674 14,151 102,825 
Asia41,819 7,318 49,137 46,760 7,647 54,407 
Rest of World1,479 1,075 2,554 1,658 835 2,493 
$211,672 $100,711 $312,383 $219,987 $81,642 $301,629 
(A) Sales by geographic region are based on the location to which the product is shipped and services are delivered.
Contract with Customer, Asset and Liability
Net contract assets (liabilities) consisted of the following:
March 31, 2022December 31, 2021$ Change% Change
Unbilled receivables (contract assets)$37,358 $33,522 $3,836 11 %
Contract liabilities(18,108)(25,374)7,266 (29)%
Net contract assets$19,250 $8,148 $11,102 136 %