Revenue Recognition (Tables)

9 Months Ended

Sep. 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						Year to Date Ended
	September 30, 2018			September 30, 2017			September 30, 2018			September 30, 2017
Net Sales:
Couplings, Clutches & Brakes	$	118,662		$	110,109		$	361,569		$	327,310
Electromagnetic Clutches & Brakes		57,915			58,304			192,158			187,463
Gearing		54,198			48,368			159,650			144,545
Inter-segment eliminations		(2,292	)		(2,158	)		(7,186	)		(5,903	)
Net sales	$	228,483		$	214,623		$	706,191		$	653,415

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

	Net Sales
	Quarter Ended				Year to Date Ended
	September 30, 2018		September 30, 2017		September 30, 2018		September 30, 2017
North America (primarily U.S.)	$	115,133	$	101,569	$	359,849	$	331,945
Europe		90,015		87,866		274,805		256,142
Asia and other		23,335		25,188		71,537		65,328
Total	$	228,483	$	214,623	$	706,191	$	653,415

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 - September 30, 2018		4,167		139,863
Increase/(Decrease)	$	1,978	$	4,364