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Revenue
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table shows the Company’s Automotive revenue, Premium Audio revenue and Other revenue disaggregated by geographical location for Automotive and Premium Audio Products for the three and six months ended June 30, 2025 and 2024 (which did not include VOXX), respectively:
Three Months Ended June 30,Six Months Ended June 30,
Revenue
2025202420252024
Automotive Products
U.S.
$172,204,462 $164,948,637 $335,585,400 $330,089,259 
Japan96,094,581 82,261,793 194,459,984 171,266,421 
Germany67,662,895 71,510,830 132,680,756 147,205,718 
Korea56,610,947 31,457,450 94,806,280 85,152,562 
Mexico45,702,656 47,955,922 93,351,532 85,577,085 
China35,081,549 50,952,480 76,035,949 98,301,934 
Other104,771,936 110,202,983 215,073,384 219,299,312 
Total Automotive Products$578,129,026 $559,290,095 $1,141,993,285 $1,136,892,291 
Premium Audio Products
U.S.
$29,933,112 $— $29,933,112 $— 
Other
14,557,485 — 14,557,485 — 
Total Premium Audio Products$44,490,597 — $44,490,597 — 
Other35,238,587 13,635,683 48,147,418 26,258,698 
Total Revenue$657,858,210 $572,925,778 $1,234,631,300 $1,163,150,989 

Revenue by geographic area may fluctuate based on many factors, including: exposure to local economic, political, and labor conditions; global supply chain constraints; unexpected changes in laws, regulations, trade or monetary or fiscal policy, including interest rates, foreign currency exchange rates and changes in the rate of inflation in the U.S. and other foreign countries; labor strikes, armed conflicts and acts of terrorism and war; and tariffs, quotas, customs and other import or export restrictions and other trade barriers.

The following table disaggregates the Company’s Automotive, Premium Audio, and Other revenue by major source for the three and six months ended June 30, 2025 and 2024 (which did not include VOXX),
respectively:
Three Months Ended June 30,Six Months Ended June 30,
Revenue2025202420252024
Automotive Products
Automotive Mirrors & Electronics
$548,897,948 $530,558,700 $1,079,029,377 $1,080,743,130 
HomeLink Modules*
29,231,078 28,731,395 62,963,908 56,149,161 
Total Automotive Products$578,129,026 $559,290,095 $1,141,993,285 $1,136,892,291 
Premium Audio Products
Premium Speaker Products
$32,430,491 $— $32,430,491 $— 
Premium Receiver Products
12,060,106 — 12,060,106 — 
Total Premium Audio Products$44,490,597 $— $44,490,597 $— 
Other
Fire Protection Products$8,082,207 $7,353,664 $14,799,977 $14,189,702 
Windows Products
3,996,515 6,286,593 8,887,501 12,057,394 
Medical Products245,421 (4,574)632,256 11,602 
Aftermarket Products15,223,080 — 15,223,080 — 
Consumer Electronic Products7,477,039 — 7,477,039 — 
Biometric Products214,325 — 1,127,565 — 
Total Other$35,238,587 $13,635,683 $48,147,418 $26,258,698 
Total Revenue$657,858,210 $572,925,778 $1,234,631,300 $1,163,150,989 
*Excludes HomeLink revenue where HomeLink electronics are integrated into interior auto-dimming mirrors.

Sales Incentives
In conjunction with the acquisition of VOXX on April 1, 2025, the Company assumed liabilities for sales incentives valued at $13.0 million. Sales incentives are offered to to customers in the form of (1) co-operative advertising allowances; (2) market development funds; (3) volume incentive rebates; and (4) other trade allowances. The Company accounts for sales incentives in accordance with ASC 606 "Revenue from Contracts with Customers" ("ASC 606"). These sales incentives represent variable consideration provided to customers. Depending on the specific facts and circumstances, either the most likely amount or expected value methods are utilized to estimate the effect of uncertainty on the amount of variable consideration to which the Company would be entitled. The most likely amount method considers the single most likely amount from a range of possible consideration amounts, while the expected value method is the sum of the probability-weighted amounts in a range of possible consideration amounts. Both methods are based upon the contractual terms of the incentives and historical experience with each customer. Except for other trade allowances, all sales incentives require the customer to purchase the Company's products during a specified period of time. All sales incentives require customers to claim the sales incentive within a certain time period (referred to as the "claim period") and claims are settled either by the customer claiming a deduction against an outstanding account receivable or by the customer requesting a cash payout. All costs associated with sales incentives are classified as a reduction of net sales. Although the Company makes its best estimate of its sales incentive liability, many factors, including significant unanticipated changes in the purchasing volume of its customers and the lack of claims made by customers, could have a significant impact on the sales incentives liability and reported operating results. The balance of accrued sales incentives at June 30, 2025 was $12.8 million and is included within Accrued liabilities on the Unaudited Condensed Consolidated Balance Sheet.