Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2018

Revenue From Contract With Customer [Abstract]

Disaggregates Revenue for Each Reportable Segment and Geographic Region

The following table disaggregates our revenue for each reportable segment. The Company believes that disaggregating revenue into these categories achieves the disclosure objective to depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.

	Quarter Ended June 30,						Year to Date Ended June 30,
	2018			2017			2018			2017
Net Sales:
Couplings, Clutches & Brakes	$	122,734		$	110,969		$	242,907		$	217,201
Electromagnetic Clutches & Brakes		65,136		$	65,281		$	134,243		$	129,159
Gearing		51,567		$	49,149		$	105,452		$	96,177
Inter-segment eliminations		(2,114	)	$	(2,042	)	$	(4,894	)	$	(3,745	)
Net sales	$	237,323		$	223,357		$	477,708		$	438,792

Net sales to third parties by geographic region are as follows:

	Net Sales
	Quarter Ended				Year to Date Ended
	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
North America (primarily U.S.)	$	119,023	$	115,236	$	244,716	$	230,376
Europe		91,308		84,983		184,790		168,275
Asia and other		26,992		23,138		48,202		40,141
Total	$	237,323	$	223,357	$	477,708	$	438,792

Summary of Opening and Closing Balances of Contract Asset, Contract Liability and Receivables

The opening and closing balances of the Company’s contract asset, contract liability, and receivables are as follows:

	Deferred Revenue (Current)		Accounts Receivable
Beginning - January 1, 2018	$	2,189	$	135,499
Closing - June 30, 2018		5,155		146,419
Increase/(Decrease)	$	2,966	$	10,920