Revenue Recognition

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

Our products include seating systems, plastic components, electrical wire harnesses, mirrors, wipers and other accessories. We sell these products into multiple geographic regions including North America, Europe and Asia-Pacific and to multiple end markets. The nature, timing and uncertainty of recognition of revenue and associated cash flows across the varying product lines, geographic regions and customer end markets is substantially consistent.

Contractual Arrangements - Revenue is measured based on terms and conditions specified in contracts or purchase orders with customers. We have long-term contracts with some customers that govern overall terms and conditions which are accompanied by purchase orders that define specific order quantities and/or price. We have many customers with which we conduct business for which the terms and conditions are outlined in purchase orders without a long-term contract. We generally do not have customer contracts with minimum order quantity requirements.

Amount and Timing of Revenue Recognition - The transaction price is based on the consideration to which the Company will be entitled in exchange for transferring control of a product to the customer. This is defined in a purchase order or in a separate pricing arrangement and represents the stand-alone selling price. Our payment terms vary by customer. None of the Company's business arrangements as of December 31, 2024, contained a significant financing component. We typically do not have multiple performance obligations requiring us to allocate a transaction price.

We recognize revenue at the point in time when we satisfy a performance obligation by transferring control of a product to a customer, usually at a designated shipping point and in accordance with customer specifications. Estimates are made for variable consideration resulting from quality, delivery, discounts or other issues affecting the value of revenue and accounts receivable. This amount is estimated based on historical trends and current market conditions, and only amounts deemed collectible are recognized as revenues.

Other Matters - Shipping and handling costs billed to customers are recorded in revenues and costs associated with outbound freight are generally accounted for as a fulfillment cost and are included in cost of revenues. We generally do not provide for extended warranties or material customer incentives. Our customers typically do not have a general right of return for our products.

We had outstanding customer accounts receivable, net of allowances, of $118.7 million as of December 31, 2024 and $129.3 million as of December 31, 2023. We generally do not have other assets or liabilities associated with customer arrangements.

Revenue Disaggregation - The following is the composition, by product category, of our revenues:

	Twelve Months Ended December 31, 2024
	Vehicle Solutions		Electrical Systems		Aftermarket & Accessories		Total
Seats	$	245,733	$	—	$	66,194	$	311,927
Electrical wire harnesses, panels and assemblies	2,756		189,626		13,501		205,883
Plastic & Trim components	152,413		—		5,176		157,589
Mirrors, wipers and controls	3,262		—		44,694		47,956
Total	$	404,164	$	189,626	$	129,565	$	723,355

	Twelve Months Ended December 31, 2023
	Vehicle Solutions		Electrical Systems		Aftermarket & Accessories		Total
Seats	$	274,591	$	—	$	71,114	$	345,705
Electrical wire harnesses, panels and assemblies	2,985		228,424		13,967		245,376
Plastic & Trim components	186,816		—		7,604		194,420
Mirrors, wipers and controls	5,570		—		44,398		49,968
Total	$	469,962	$	228,424	$	137,083	$	835,469

	Twelve Months Ended December 31, 2022
	Vehicle Solutions		Electrical Systems		Aftermarket & Accessories		Total
Seats	$	286,262	$	—	$	75,354	$	361,616
Electrical wire harnesses, panels and assemblies	89		180,369		10,316		190,774
Plastic & Trim components	179,910		—		5,552		185,462
Mirrors, wipers and controls	4,073		35		40,623		44,731
Total	$	470,334	$	180,404	$	131,845	$	782,583