| 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
|
|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
|
Heat transfer equipment
|
|
$
|
8,706
|
|
|
$
|
13,307
|
|
|
$
|
15,470
|
|
|
$
|
23,980
|
|
|
Vacuum equipment
|
|
|
4,315
|
|
|
|
9,381
|
|
|
|
8,534
|
|
|
|
11,932
|
|
|
Fluid systems
|
|
|
6,595
|
|
|
|
—
|
|
|
|
8,403
|
|
|
|
—
|
|
|
Power systems
|
|
|
9,890
|
|
|
|
—
|
|
|
|
11,553
|
|
|
|
—
|
|
|
All other
|
|
|
4,640
|
|
|
|
5,266
|
|
|
|
10,343
|
|
|
|
8,752
|
|
|
Net sales
|
|
$
|
34,146
|
|
|
$
|
27,954
|
|
|
$
|
54,303
|
|
|
$
|
44,664
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Geographic Region
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asia
|
|
$
|
5,483
|
|
|
$
|
4,529
|
|
|
$
|
8,992
|
|
|
$
|
9,692
|
|
|
Canada
|
|
|
879
|
|
|
|
1,938
|
|
|
|
2,087
|
|
|
|
2,930
|
|
|
Middle East
|
|
|
963
|
|
|
|
988
|
|
|
|
1,575
|
|
|
|
1,437
|
|
|
South America
|
|
|
236
|
|
|
|
2,592
|
|
|
|
478
|
|
|
|
2,812
|
|
|
U.S.
|
|
|
26,201
|
|
|
|
17,252
|
|
|
|
40,095
|
|
|
|
26,690
|
|
|
All other
|
|
|
384
|
|
|
|
655
|
|
|
|
1,076
|
|
|
|
1,103
|
|
|
Net sales
|
|
$
|
34,146
|
|
|
$
|
27,954
|
|
|
$
|
54,303
|
|
|
$
|
44,664
|
|
|
| Schedule of Net Contract Assets (Liabilities) |
Net contract assets (liabilities) consisted of the following:
|
|
|
September 30, 2021
|
|
|
March 31, 2021
|
|
|
Change
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unbilled revenue (contract assets)
|
|
$
|
29,035
|
|
|
$
|
19,994
|
|
|
$
|
9,041
|
|
|
Customer deposits (contract liabilities)
|
|
|
(21,941
|
)
|
|
|
(14,059
|
)
|
|
|
(7,882
|
)
|
|
Net contract liabilities
|
|
$
|
7,094
|
|
|
$
|
5,935
|
|
|
$
|
1,159
|
|
|