Annual report pursuant to Section 13 and 15(d)

Revenue Recognition (Tables)

v3.20.1
Revenue Recognition (Tables)
 12 Months Ended
Mar. 31, 2020
Revenue From Contract With Customer [Abstract]  
Net Sales Disaggregated by Product Line and Geographic Area

The following tables present the Company's net sales disaggregated by product line and geographic area:

 

 

 

Year ended March 31,

 

Product Line

 

2020

 

 

2019

 

 

2018

 

Heat transfer equipment

 

$

31,986

 

 

$

24,785

 

 

$

27,023

 

Vacuum equipment

 

 

33,354

 

 

 

34,461

 

 

 

22,175

 

All other

 

 

25,264

 

 

 

32,585

 

 

 

28,336

 

Net sales

 

$

90,604

 

 

$

91,831

 

 

$

77,534

 

 

 

 

Year ended March 31,

 

Geographic Area

 

2020

 

 

2019

 

 

2018

 

Asia

 

$

5,517

 

 

$

10,292

 

 

$

10,200

 

Canada

 

 

8,907

 

 

 

16,602

 

 

 

8,888

 

Middle East

 

 

13,112

 

 

 

2,610

 

 

 

3,785

 

South America

 

 

3,783

 

 

 

324

 

 

 

1,560

 

U.S.

 

 

58,042

 

 

 

59,441

 

 

 

51,950

 

All other

 

 

1,243

 

 

 

2,562

 

 

 

1,151

 

Net sales

 

$

90,604

 

 

$

91,831

 

 

$

77,534

 

 
Schedule of Net Contract Assets (Liabilities)

Net contract assets (liabilities) consisted of the following:

 

 

 

March 31,

 

 

March 31,

 

 

 

 

 

 

 

2020

 

 

2019

 

 

Change

 

Unbilled revenue

 

$

14,592

 

 

$

7,522

 

 

$

7,070

 

Customer deposits

 

 

(26,983

)

 

 

(30,847

)

 

 

3,864

 

Net (over) under billings

 

$

(12,391

)

 

$

(23,325

)

 

$

10,934