Revenue

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Revenue

Revenue

We disaggregate our revenue by product line and geographic region of our customer, as we believe these best depict how the nature, amount, timing and uncertainty of our revenues and cash flows are affected by economic factors. See details in the tables below.

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
	(In millions)
PRODUCT LINE
Supply Technologies	$	86.0	$	141.0	$	207.9	$	285.8
Engineered specialty fasteners and other products	8.4		20.5		27.3		41.0
Supply Technologies Segment	94.4		161.5		235.2		326.8
Fuel, rubber and plastic products	39.8		91.1		124.5		180.7
Aluminum products	15.1		45.2		58.6		93.9
Assembly Components Segment	54.9		136.3		183.1		274.6
Industrial equipment	53.4		80.7		119.5		161.3
Forged and machined products	25.6		36.8		56.8		72.7
Engineered Products Segment	79.0		117.5		176.3		234.0
Total revenues	$	228.3	$	415.3	$	594.6	$	835.4

	Supply Technologies Segment		Assembly Components Segment		Engineered Products Segment		Total Revenues
	(In millions)
Three Months Ended June 30, 2020
GEOGRAPHIC REGION
United States	$	61.3	$	36.1	$	45.5	$	142.9
Europe	14.0		2.2		10.6		26.8
Asia	11.7		6.4		17.7		35.8
Mexico	5.0		3.6		1.3		9.9
Canada	1.6		6.5		2.7		10.8
Other	0.8		0.1		1.2		2.1
Total	$	94.4	$	54.9	$	79.0	$	228.3
Three Months Ended June 30, 2019
GEOGRAPHIC REGION
United States	$	110.6	$	97.0	$	67.9	$	275.5
Europe	24.2		3.8		20.4		48.4
Asia	9.5		4.0		15.8		29.3
Mexico	13.4		10.6		3.4		27.4
Canada	3.3		20.5		6.6		30.4
Other	0.5		0.4		3.4		4.3
Total	$	161.5	$	136.3	$	117.5	$	415.3

	Supply Technologies Segment		Assembly Components Segment		Engineered Products Segment		Total Revenues
	(In millions)
Six Months Ended June 30, 2020
GEOGRAPHIC REGION
United States	$	151.3	$	126.8	$	98.7	$	376.8
Europe	37.7		6.4		26.3		70.4
Asia	21.2		10.7		33.5		65.4
Mexico	19.5		13.8		3.5		36.8
Canada	4.5		24.9		9.1		38.5
Other	1.0		0.5		5.2		6.7
Total	$	235.2	$	183.1	$	176.3	$	594.6
Six Months Ended June 30, 2019
GEOGRAPHIC REGION
United States	$	221.0	$	198.7	$	136.0	$	555.7
Europe	50.7		8.1		40.8		99.6
Asia	20.8		9.2		30.7		60.7
Mexico	27.1		19.6		6.4		53.1
Canada	6.5		38.2		14.2		58.9
Other	0.7		0.8		5.9		7.4
Total	$	326.8	$	274.6	$	234.0	$	835.4

For over time arrangements, contract liabilities primarily relate to advances or deposits received from the Company’s customers before revenue is recognized. These amounts, which totaled $35.9 million and $35.7 million at June 30, 2020 and December 31, 2019, respectively, are recorded in Accrued expenses and other in the Condensed Consolidated Balance Sheets.

For over time arrangements, contract assets primarily relate to revenue recognized in advance of billings to customers under long-term contracts accounted for under percentage of completion. These amounts, which totaled $65.4 million and $61.7 million at June 30, 2020 and December 31, 2019, respectively, are recorded in Prepaid and other current assets in the Condensed Consolidated Balance Sheets.