Revenue Recognition

3 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue RecognitionThe Company delivers a variety of products and services through its business segments. The SGK Brand Solutions segment delivers brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services primarily for the consumer goods and retail industries. The Memorialization segment produces and delivers bronze and granite memorials and other memorialization products, caskets, and cremation and incineration equipment primarily for the cemetery and funeral home industries. The Industrial Technologies segment designs, manufactures, services and distributes high-tech custom energy storage, marking, coding and industrial automation technologies and solutions, and order fulfillment systems for identifying, tracking, picking and conveying consumer and industrial products.

Note 3.   Revenue Recognition (continued)

The Company disaggregates revenue from contracts with customers by geography, as it believes geographic regions best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Disaggregated sales by segment and region for the three months ended December 31, 2021 and 2020 were as follows:

	SGK Brand Solutions				Memorialization				Industrial Technologies				Consolidated
	Three Months Ended December 31,				Three Months Ended December 31,				Three Months Ended December 31,				Three Months Ended December 31,
	2021		2020		2021		2020		2021		2020		2021		2020
North America	$	74,190	$	70,402	$	196,751	$	170,324	$	36,365	$	27,635	$	307,306	$	268,361
Central and South America	1,020		1,375		—		—		—		—		1,020		1,375
Europe	61,002		63,628		11,514		10,440		36,555		24,172		109,071		98,240
Australia	2,868		3,481		2,441		2,510		—		—		5,309		5,991
Asia	14,462		11,073		—		—		1,411		1,617		15,873		12,690
Total Sales	$	153,542	$	149,959	$	210,706	$	183,274	$	74,331	$	53,424	$	438,579	$	386,657

Revenue from products or services provided to customers over time accounted for approximately 13% and 7% of revenue for the three months ended December 31, 2021 and 2020, respectively. As of December 31, 2021 and September 30, 2021, the Company had contract assets of $15,701 and $23,998, respectively, that were recorded in other current assets within the Consolidated Balance Sheets. As of December 31, 2021 and September 30, 2021, the Company had contract liabilities of $21,138 and $19,752, respectively, that were recorded in other current liabilities within the Consolidated Balance Sheets.