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REVENUE RECOGNITION (Tables)
3 Months Ended
Mar. 31, 2020
REVENUE RECOGNITION  
Schedule of reconciliation of disaggregated revenue to segment revenue as well as revenue by geographical regions

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

March 31,

Target Market

    

2020

    

2019

Vehicle

 

$

28,055

 

$

33,596

Industrial

 

 

33,351

 

 

31,311

Medical

 

 

14,551

 

 

12,410

Aerospace & Defense

 

 

11,142

 

 

11,253

Other

 

 

5,283

 

 

5,326

Total

 

$

92,382

 

$

93,896

 

 

 

 

 

 

 

 

 

 

Three months ended

 

 

March 31, 

Geography

    

2020

    

2019

United States

 

$

56,369

 

$

59,314

Europe

 

 

33,133

 

 

34,167

Other

 

 

2,880

 

 

415

Total

 

$

92,382

 

$

93,896

 

Schedule of opening and closing balances of the Company's receivables, contract asset, and contract liability

The opening and closing balances of the Company’s contract liabilities are as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

March 31,

    

December 31,

 

 

2020

 

2019

Contract liabilities in accrued liabilities

 

$

481

 

$

454

Contract liabilities in other long-term liabilities

 

 

286

 

 

 —

 

 

$

767

 

$

454