XML 20 R8.htm IDEA: XBRL DOCUMENT v3.22.1
Revenue
3 Months Ended
Mar. 31, 2022
Revenue Recognition [Abstract]  
Revenue Revenue
The following tables present our revenues disaggregated by reportable segment and geography as they best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Revenues by segment for the three months ended March 31 were as follows:
20222021
(Dollars in thousands)
Dispensing and Specialty Closures$597,927 $509,352 
Metal Containers650,726 554,081 
Custom Containers193,233 174,677 
$1,441,886 $1,238,110 

Revenues by geography for the three months ended March 31 were as follows:
20222021
(Dollars in thousands)
North America$1,086,224 $898,402 
Europe and other355,662 339,708 
$1,441,886 $1,238,110 
Our contract assets primarily consist of unbilled accounts receivable related to over time revenue recognition and were $99.1 million, $86.4 million, and $78.2 million as of March 31, 2022 and 2021 and December 31, 2021, respectively. Unbilled receivables are included in trade accounts receivable, net on our Condensed Consolidated Balance Sheets.