Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.10.0.1
Revenue Recognition (Tables)
6 Months Ended
Sep. 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

 

 

Six Months Ended

 

 

 

September 30,

 

 

September 30,

 

Product Line

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Heat transfer equipment

 

$

6,173

 

 

$

4,654

 

 

$

10,331

 

 

$

10,983

 

Vacuum equipment

 

 

7,842

 

 

 

4,889

 

 

 

25,058

 

 

 

11,412

 

All other

 

 

7,426

 

 

 

7,681

 

 

 

15,603

 

 

 

15,680

 

Net sales

 

$

21,441

 

 

$

17,224

 

 

$

50,992

 

 

$

38,075

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Geographic Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asia

 

$

1,876

 

 

$

2,599

 

 

$

4,625

 

 

$

5,964

 

Canada

 

 

3,473

 

 

 

1,844

 

 

 

15,123

 

 

 

3,199

 

Middle East

 

 

464

 

 

 

1,015

 

 

 

899

 

 

 

1,935

 

South America

 

 

68

 

 

 

441

 

 

 

192

 

 

 

570

 

U.S.

 

 

15,073

 

 

 

11,146

 

 

 

28,526

 

 

 

25,975

 

All other

 

 

487

 

 

 

179

 

 

 

1,627

 

 

 

432

 

Net sales

 

$

21,441

 

 

$

17,224

 

 

$

50,992

 

 

$

38,075

 

 

Schedule of Net Contract Assets (Liabilities)

Net contract assets (liabilities) consisted of the following:

 

 

 

September 30, 2018

 

 

April 1, 2018

 

 

Change

 

 

 

 

 

 

 

 

 

Unbilled revenue (contract assets)

 

$

10,582

 

 

$

6,092

 

 

$

4,490

 

Customer deposits (contract liabilities)

 

 

(30,539

)

 

 

(26,585

)

 

 

(3,954

)

      Net contract liabilities

 

$

(19,957

)

 

$

(20,493

)

 

$

536