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Revenue (Tables)
12 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table presents the Company's revenue disaggregated by products and services, geographic regions and end markets, by segment.
 
2018
 
Industrial
 
Aerospace
 
Total Company
Product and Services
 
 
 
 
 
Engineered Components Products
$
285,929


$


$
285,929

Molding Solutions Products
503,793




503,793

Force & Motion Control Products
196,212




196,212

Automation Products
8,793

 

 
8,793

Aerospace Original Equipment Manufacturer Products


336,987


336,987

Aerospace Aftermarket Product and Services


164,175


164,175

 
$
994,727


$
501,162


$
1,495,889

 
 
 
 
 
 
Geographic Regions (A)
 
 
 
 
 
Americas
$
394,361


$
358,183


$
752,544

Europe
368,159


94,561


462,720

Asia
228,663


44,298


272,961

Other
3,544


4,120


7,664

 
$
994,727


$
501,162


$
1,495,889

 
 
 
 
 
 
End Markets
 
 
 
 
 
Aerospace OEM
$
10,191

 
$
336,987

 
$
347,178

Aerospace Aftermarket

 
164,175

 
164,175

Medical, Personal Care & Packaging
220,269

 

 
220,269

Tool and Die
115,635

 

 
115,635

General Industrial
244,007

 

 
244,007

Auto Molding Solutions
208,767

 

 
208,767

Auto Production
187,065

 

 
187,065

Automation
8,793

 

 
8,793

 
$
994,727

 
$
501,162

 
$
1,495,889

(A) Sales by geographic market are based on the location to which the product is shipped.
Contract with Customer, Asset and Liability
Net contract assets (liabilities) consisted of the following:
 
December 31, 2018
 
January 1, 2018
 
$ Change
 
% Change
Unbilled receivables (contract assets)
$
11,844

 
$
14,579

 
$
(2,735
)
 
(19
)%
Contract liabilities
(57,522
)
 
(54,007
)
 
(3,515
)
 
7
 %
Net contract liabilities
$
(45,678
)
 
$
(39,428
)
 
$
(6,250
)
 
16
 %
Capitalized Contract Cost
Capitalized costs, net of amortization, to fulfill contract balances were as follows:

 
December 31, 2018
Tooling
$
6,155

Design costs
2,285

Other
5

 
$
8,445