Revenue (Tables)

6 Months Ended

Jun. 30, 2023

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 June 30, 2023						Three Months Ended June 30, 2022
	Industrial		Aerospace		Total Company		Industrial		Aerospace		Total Company
Products and Services
Motion Control Solutions Products (A)	$	100,440	$	—	$	100,440	$	95,547	$	—	95,547
Molding Solutions Products	100,127		—		100,127		101,209		—		101,209
Automation Products	16,402		—		16,402		15,359		—		15,359
Aerospace Original Equipment Manufacturing Products	—		75,362		75,362		—		69,503		69,503
Aerospace Aftermarket Products and Services	—		46,653		46,653		—		39,650		39,650
	$	216,969	$	122,015	$	338,984	$	212,115	$	109,153	$	321,268
Geographic Regions (B)
Americas	$	93,254	$	87,849	$	181,103	$	88,970	$	80,766	$	169,736
Europe	81,021		20,401		101,422		74,770		18,663		93,433
Asia	40,821		11,641		52,462		46,670		8,347		55,017
Rest of World	1,873		2,124		3,997		1,705		1,377		3,082
	$	216,969	$	122,015	$	338,984	$	212,115	$	109,153	$	321,268

	Six Months Ended June 30, 2023						Six Months Ended June 30, 2022
	Industrial		Aerospace		Total Company		Industrial		Aerospace		Total Company
Products and Services
Motion Control Solutions Products (A)	$	198,914	$	—	$	198,914	$	188,594	$	—	$	188,594
Molding Solutions Products	203,654		—		203,654		204,245		—		204,245
Automation Products	32,502		—		32,502		30,948		—		30,948
Aerospace Original Equipment Manufacturing Products	—		148,100		148,100		—		135,132		135,132
Aerospace Aftermarket Products and Services	—		91,171		91,171		—		74,732		74,732
	$	435,070	$	239,271	$	674,341	$	423,787	$	209,864	$	633,651
Geographic Regions (B)
Americas	$	189,194	$	172,421	$	361,615	$	174,975	$	153,263	$	328,238
Europe	160,629		41,068		201,697		157,139		38,484		195,623
Asia	80,932		21,663		102,595		88,489		15,665		104,154
Rest of World	4,315		4,119		8,434		3,184		2,452		5,636
	$	435,070	$	239,271	$	674,341	$	423,787	$	209,864	$	633,651

(A) Effective January 1, 2023, the Company combined Industrial's Force & Motion Control and Engineered Components businesses to form a single strategic business unit named Motion Control Solutions. As a result of the combination, Motion Control Solutions Products reflects product revenues that were previously disclosed as Force & Motion Control Products and Engineered Components Products. Prior period amounts have been reclassified to conform to the current year presentation.

(B) 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:

	June 30, 2023		December 31, 2022		$ Change		% Change
Unbilled receivables (contract assets)	$	49,992	$	42,423	$	7,569	18	%
Contract liabilities	(41,640)		(27,857)		(13,783)		49	%
Net contract assets	$	8,352	$	14,566	$	(6,214)	(43)	%