XML 50 R34.htm IDEA: XBRL DOCUMENT v3.22.0.1
Revenue (Tables)
3 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Information regarding the source of revenue:
Three Months Ended
December 31,
20212020
Revenue from contracts with customers recognized under Topic 606
$317,771 $285,188 
Other(1)
48,497 37,005 
Total$366,268 $322,193 
(1)     Other revenue relates to revenue recognized pursuant to ASU 2016-02, Leases (Topic 842), primarily attributable to long term rentals.
Information regarding revenue disaggregated by source of revenue and segment is as follows:

Three Months Ended December 31,
20212020
Integrated Solutions and Services
Revenue from capital projects$67,102 $50,626 
Revenue from aftermarket29,298 27,146 
Revenue from service148,646 136,945 
Total$245,046 $214,717 
Applied Product Technologies
Revenue from capital projects$83,884 $76,889 
Revenue from aftermarket32,284 25,354 
Revenue from service5,054 5,233 
Total$121,222 $107,476 
Total Revenue
Revenue from capital projects$150,986 $127,515 
Revenue from aftermarket61,582 52,500 
Revenue from service153,700 142,178 
Total$366,268 $322,193 

Information regarding revenue disaggregated by geographic area is as follows:
Three Months Ended
December 31,
20212020
United States$294,708 $264,131 
Asia30,905 22,605 
Europe25,629 21,285 
Canada12,661 11,179 
Australia2,365 2,993 
Total$366,268 $322,193 
Contract with Customer, Asset and Liability
The tables below provide a roll-forward of contract assets and contract liabilities balances for the periods presented:
Three Months Ended
December 31,
Contract assets(a)
20212020
Balance at beginning of period$72,746 $80,759 
Recognized in current period120,387 66,885 
Reclassified to accounts receivable(108,684)(88,560)
Foreign currency533 741 
Balance at end of period$84,982 $59,825 
(a)     Excludes receivable balances which are disclosed on the Consolidated Balance Sheets.
Three Months Ended
December 31,
Contract Liabilities 20212020
Balance at beginning of period$55,883 $26,259 
Recognized in current period100,017 96,230 
Amounts in beginning balance reclassified to revenue(43,266)(24,895)
Current period amounts reclassified to revenue(59,653)(62,730)
Foreign currency41 (419)
Balance at end of period$53,022 $34,445