Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2021

Revenue Recognition

Revenue by customer and timing recognition

Revenue by customer type was as follows:

Three Months Ended September 30, 2021	Work Truck Attachments	Work Truck Solutions	Total Revenue
Independent dealer	$ 81,373	$ 25,425	$ 106,798
Government	-	10,942	10,942
Fleet	-	8,539	8,539
Other	-	1,357	1,357
Total revenue	$ 81,373	$ 46,263	$ 127,636
Three Months Ended September 30, 2020	Work Truck Attachments	Work Truck Solutions	Total Revenue
Independent dealer	$ 76,903	$ 24,768	$ 101,671
Government	-	19,058	19,058
Fleet	-	11,277	11,277
Other	-	1,755	1,755
Total revenue	$ 76,903	$ 56,858	$ 133,761
Nine Months Ended September 30, 2021	Work Truck Attachments	Work Truck Solutions	Total Revenue
Independent dealer	$ 227,992	$ 91,457	$ 319,449
Government	-	32,858	32,858
Fleet	-	29,179	29,179
Other	-	7,022	7,022
Total revenue	$ 227,992	$ 160,516	$ 388,508
Nine Months Ended September 30, 2020	Work Truck Attachments	Work Truck Solutions	Total Revenue
Independent dealer	$ 169,853	$ 78,646	$ 248,499
Government	-	41,248	41,248
Fleet	-	27,639	27,639
Other	-	4,608	4,608
Total revenue	$ 169,853	$ 152,141	$ 321,994

Revenue by timing of revenue recognition was as follows:

Three Months Ended September 30, 2021	Work Truck Attachments	Work Truck Solutions	Total Revenue
Point in time	$ 81,373	$ 29,201	$ 110,574
Over time	-	17,062	17,062
Total revenue	$ 81,373	$ 46,263	$ 127,636
Three Months Ended September 30, 2020	Work Truck Attachments	Work Truck Solutions	Total Revenue
Point in time	$ 76,903	$ 38,564	$ 115,467
Over time	-	18,294	18,294
Total revenue	$ 76,903	$ 56,858	$ 133,761
Nine Months Ended September 30, 2021	Work Truck Attachments	Work Truck Solutions	Total Revenue
Point in time	$ 227,992	$ 102,601	$ 330,593
Over time	-	57,915	57,915
Total revenue	$ 227,992	$ 160,516	$ 388,508
Nine Months Ended September 30, 2020	Work Truck Attachments	Work Truck Solutions	Total Revenue
Point in time	$ 169,853	$ 98,659	$ 268,512
Over time	-	53,482	53,482
Total revenue	$ 169,853	$ 152,141	$ 321,994

Contract Balances

Three Months Ended September 30, 2021		Balance at Beginning of Period		Additions		Deductions		Balance at End of Period
Contract liabilities	$	6,603	$	4,660	$	(7,767)	$	3,496
Three Months Ended September 30, 2020		Balance at Beginning of Period		Additions		Deductions		Balance at End of Period
Contract liabilities	$	6,316	$	3,500	$	(5,620)	$	4,196
Nine Months Ended September 30, 2021		Balance at Beginning of Period		Additions		Deductions		Balance at End of Period
Contract liabilities	$	2,746	$	15,389	$	(14,639)	$	3,496
Nine Months Ended September 30, 2020		Balance at Beginning of Period		Additions		Deductions		Balance at End of Period
Contract liabilities	$	2,187	$	12,006	$	(9,997)	$	4,196