| 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 |
|
2022 |
|
|
2021 |
|
|
2020 |
|
Heat transfer equipment |
|
$ |
31,947 |
|
|
$ |
41,133 |
|
|
$ |
31,986 |
|
Vacuum equipment |
|
|
20,491 |
|
|
|
36,792 |
|
|
|
33,354 |
|
Fluid systems |
|
|
22,657 |
|
|
|
— |
|
|
|
— |
|
Power systems |
|
|
25,208 |
|
|
|
— |
|
|
|
— |
|
All other |
|
|
22,511 |
|
|
|
19,564 |
|
|
|
25,264 |
|
Net sales |
|
$ |
122,814 |
|
|
$ |
97,489 |
|
|
$ |
90,604 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended March 31, |
|
Geographic Area |
|
2022 |
|
|
2021 |
|
|
2020 |
|
Asia |
|
$ |
13,687 |
|
|
$ |
25,614 |
|
|
$ |
5,517 |
|
Canada |
|
|
3,583 |
|
|
|
6,538 |
|
|
|
8,907 |
|
Middle East |
|
|
2,489 |
|
|
|
4,843 |
|
|
|
13,112 |
|
South America |
|
|
1,972 |
|
|
|
6,202 |
|
|
|
3,783 |
|
U.S. |
|
|
97,718 |
|
|
|
52,724 |
|
|
|
58,042 |
|
All other |
|
|
3,365 |
|
|
|
1,568 |
|
|
|
1,243 |
|
Net sales |
|
$ |
122,814 |
|
|
$ |
97,489 |
|
|
$ |
90,604 |
|
|
| Schedule of Net Contract Assets (Liabilities) |
Net contract assets (liabilities) consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, |
|
|
March 31, |
|
|
|
|
|
|
2022 |
|
|
2021 |
|
|
Change |
|
Unbilled revenue |
|
$ |
25,570 |
|
|
$ |
19,994 |
|
|
$ |
5,576 |
|
Customer deposits |
|
|
(25,644 |
) |
|
|
(14,059 |
) |
|
|
(11,585 |
) |
Net (over) under billings |
|
$ |
(74 |
) |
|
$ |
5,935 |
|
|
$ |
(6,009 |
) |
|