XML 24 R31.htm IDEA: XBRL DOCUMENT v3.19.3
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2019
Revenue Recognition [Abstract]  
Schedule of Revenue by Major Market

The Company’s revenue by major market is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Quarter Ended September 30, 2019

 

 

 

Material

Handling

 

 

Distribution

 

 

Inter-company

 

 

Consolidated

 

Consumer

 

$

19,205

 

 

$

 

 

$

 

 

$

19,205

 

Vehicle

 

 

21,951

 

 

 

 

 

 

 

 

 

21,951

 

Food and beverage

 

 

13,010

 

 

 

 

 

 

 

 

 

13,010

 

Industrial

 

 

29,944

 

 

 

 

 

 

(18

)

 

 

29,926

 

Auto aftermarket

 

 

 

 

 

41,388

 

 

 

 

 

 

41,388

 

Total net sales

 

$

84,110

 

 

$

41,388

 

 

$

(18

)

 

$

125,480

 

 

 

 

For the Quarter Ended September 30, 2018

 

 

 

Material

Handling

 

 

Distribution

 

 

Inter-company

 

 

Consolidated

 

Consumer

 

$

20,048

 

 

$

 

 

$

 

 

$

20,048

 

Vehicle

 

 

23,037

 

 

 

 

 

 

 

 

 

23,037

 

Food and beverage

 

 

19,159

 

 

 

 

 

 

 

 

 

19,159

 

Industrial

 

 

35,438

 

 

 

 

 

 

(20

)

 

 

35,418

 

Auto aftermarket

 

 

 

 

 

37,557

 

 

 

 

 

 

37,557

 

Total net sales

 

$

97,682

 

 

$

37,557

 

 

$

(20

)

 

$

135,219

 

 

 

 

For the Nine Months Ended September 30, 2019

 

 

 

Material

Handling

 

 

Distribution

 

 

Inter-company

 

 

Consolidated

 

Consumer

 

$

59,505

 

 

$

 

 

$

 

 

$

59,505

 

Vehicle

 

 

66,433

 

 

 

 

 

 

 

 

 

66,433

 

Food and beverage

 

 

54,977

 

 

 

 

 

 

 

 

 

54,977

 

Industrial

 

 

102,048

 

 

 

 

 

 

(40

)

 

 

102,008

 

Auto aftermarket

 

 

 

 

 

115,957

 

 

 

 

 

 

115,957

 

Total net sales

 

$

282,963

 

 

$

115,957

 

 

$

(40

)

 

$

398,880

 

 

 

 

For the Nine Months Ended September 30, 2018

 

 

 

Material

Handling

 

 

Distribution

 

 

Inter-company

 

 

Consolidated

 

Consumer

 

$

64,325

 

 

$

 

 

$

 

 

$

64,325

 

Vehicle

 

 

75,338

 

 

 

 

 

 

 

 

 

75,338

 

Food and beverage

 

 

72,124

 

 

 

 

 

 

 

 

 

72,124

 

Industrial

 

 

105,834

 

 

 

 

 

 

(89

)

 

 

105,745

 

Auto aftermarket

 

 

 

 

 

110,815

 

 

 

 

 

 

110,815

 

Total net sales

 

$

317,621

 

 

$

110,815

 

 

$

(89

)

 

$

428,347

 

 

Schedule of Balances included in Condensed Consolidated Statements of Financial Position (Unaudited) Related to Revenue Recognition

Amounts included in the Condensed Consolidated Statements of Financial Position (Unaudited) related to revenue recognition include:

 

 

 

September 30,

 

 

December 31,

 

 

Statement of Financial

Position

 

 

2019

 

 

2018

 

 

Classification

Returns, discounts and other allowances

 

$

(593

)

 

$

(1,169

)

 

Accounts receivable

Right of return asset

 

 

310

 

 

 

535

 

 

Inventories, net

Customer deposits

 

 

(108

)

 

 

(806

)

 

Other current liabilities

Accrued rebates

 

 

(2,201

)

 

 

(2,559

)

 

Other current liabilities