Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.10.0.1
Revenue Recognition (Tables)
3 Months Ended
Jun. 30, 2018
Revenue From Contract With Customer [Abstract]  
Revenue Disaggregated by Product Line and Geographic Area

The following table presents the Company’s revenue disaggregated by product line and geographic area:

 

 

 

 

Three Months Ended

 

 

 

June 30,

 

Product Line

 

2018

 

 

2017

 

Heat transfer equipment

 

$

4,158

 

 

$

6,329

 

Vacuum equipment

 

 

17,216

 

 

 

6,523

 

All other

 

 

8,177

 

 

 

7,999

 

Net sales

 

$

29,551

 

 

$

20,851

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Geographic Region

 

 

 

 

 

 

 

 

Asia

 

$

2,749

 

 

$

3,365

 

Canada

 

 

11,650

 

 

 

1,355

 

Middle East

 

 

435

 

 

 

920

 

South America

 

 

124

 

 

 

129

 

U.S.

 

 

13,453

 

 

 

14,829

 

All other

 

 

1,140

 

 

 

253

 

Net sales

 

$

29,551

 

 

$

20,851

 

 

Schedule of Net Contract Assets (Liabilities)

Net contract assets (liabilities) consisted of the following:

 

 

 

June 30, 2018

 

 

April 1, 2018

 

 

Change

 

 

 

 

 

 

 

 

 

Unbilled revenue (contract assets)

 

$

11,844

 

 

$

6,092

 

 

$

5,752

 

Customer deposits (contract liabilities)

 

 

(25,867

)

 

 

(26,585

)

 

 

718

 

      Net contract liabilities

 

$

(14,023

)

 

$

(20,493

)

 

$

6,470