Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.10.0.1
Revenue Recognition (Tables)
9 Months Ended
Dec. 31, 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

 

 

Nine Months Ended

 

 

 

December 31,

 

 

December 31,

 

Product Line

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Heat transfer equipment

 

$

5,164

 

 

$

7,608

 

 

$

15,495

 

 

$

18,591

 

Vacuum equipment

 

 

3,765

 

 

 

3,858

 

 

 

28,823

 

 

 

15,270

 

All other

 

 

8,269

 

 

 

5,815

 

 

 

23,872

 

 

 

21,495

 

Net sales

 

$

17,198

 

 

$

17,281

 

 

$

68,190

 

 

$

55,356

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Geographic Region

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asia

 

$

966

 

 

$

2,264

 

 

$

5,591

 

 

$

8,228

 

Canada

 

 

549

 

 

 

1,847

 

 

 

15,672

 

 

 

5,046

 

Middle East

 

 

806

 

 

 

1,023

 

 

 

1,705

 

 

 

2,958

 

South America

 

 

47

 

 

 

485

 

 

 

239

 

 

 

1,055

 

U.S.

 

 

14,320

 

 

 

11,301

 

 

 

42,846

 

 

 

37,276

 

All other

 

 

510

 

 

 

361

 

 

 

2,137

 

 

 

793

 

Net sales

 

$

17,198

 

 

$

17,281

 

 

$

68,190

 

 

$

55,356

 

Schedule of Net Contract Assets (Liabilities)

Net contract assets (liabilities) consisted of the following:

 

 

 

December 31, 2018

 

 

April 1, 2018

 

 

Change

 

 

 

 

 

 

 

 

 

Unbilled revenue (contract assets)

 

$

7,317

 

 

$

6,092

 

 

$

1,225

 

Customer deposits (contract liabilities)

 

 

(32,572

)

 

 

(26,585

)

 

 

(5,987

)

      Net contract liabilities

 

$

(25,255

)

 

$

(20,493

)

 

$

(4,762

)