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Revenue (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
 
Three Months Ended
June 30, 2020
 
Six Months Ended
June 30, 2020
 
Industrial
 
Aerospace
 
Total Company
 
Industrial
 
Aerospace
 
Total Company
Product and Services
 
 
 
 
 
 
 
 
 
 
 
Engineered Components Products
$
25,961

 
$

 
$
25,961

 
$
73,668

 
$

 
$
73,668

Molding Solutions Products
93,779

 

 
93,779

 
191,185

 

 
191,185

Force & Motion Control Products
34,646

 

 
34,646

 
74,437

 

 
74,437

Automation Products
10,643

 

 
10,643

 
24,838

 

 
24,838

Aerospace Original Equipment Manufacturer Products

 
44,617

 
44,617

 

 
126,323

 
126,323

Aerospace Aftermarket Products and Services

 
25,891

 
25,891

 

 
75,756

 
75,756

 
$
165,029

 
$
70,508

 
$
235,537

 
$
364,128

 
$
202,079

 
$
566,207

 
 
 
 
 
 
 
 
 
 
 
 
Geographic Regions (A)
 
 
 
 
 
 
 
 
 
 
 
Americas
$
53,911

 
$
47,627

 
$
101,538

 
$
134,555

 
$
140,205

 
$
274,760

Europe
68,351

 
14,440

 
82,791

 
150,215

 
39,603

 
189,818

Asia
41,763

 
7,537

 
49,300

 
77,256

 
19,233

 
96,489

Rest of World
1,004

 
904

 
1,908

 
2,102

 
3,038

 
5,140

 
$
165,029

 
$
70,508

 
$
235,537

 
$
364,128

 
$
202,079

 
$
566,207


 
Three Months Ended
June 30, 2019
 
Six Months Ended
June 30, 2019
 
Industrial
 
Aerospace
 
Total Company
 
Industrial
 
Aerospace
 
Total Company
Product and Services
 
 
 
 
 
 
 
 
 
 
 
Engineered Components Products
$
65,539

 
$

 
$
65,539

 
$
135,223

 
$

 
$
135,223

Molding Solutions Products
105,902

 

 
105,902

 
212,697

 

 
212,697

Force & Motion Control Products
47,454

 

 
47,454

 
99,070

 

 
99,070

Automation Products
14,509

 

 
14,509

 
28,916

 

 
28,916

Aerospace Original Equipment Manufacturer Products

 
93,884

 
93,884

 

 
181,822

 
181,822

Aerospace Aftermarket Products and Services

 
44,381

 
44,381

 

 
90,632

 
90,632

 
$
233,404

 
$
138,265

 
$
371,669

 
$
475,906

 
$
272,454

 
$
748,360

 
 
 
 
 
 
 
 
 
 
 
 
Geographic Regions (A)
 
 
 
 
 
 
 
 
 
 
 
Americas
$
87,146

 
$
102,127

 
$
189,273

 
$
185,434

 
$
198,271

 
$
383,705

Europe
89,650

 
23,390

 
113,040

 
184,080

 
47,714

 
231,794

Asia
55,469

 
12,203

 
67,672

 
104,411

 
24,607

 
129,018

Rest of World
1,139

 
545

 
1,684

 
1,981

 
1,862

 
3,843

 
$
233,404

 
$
138,265

 
$
371,669

 
$
475,906

 
$
272,454

 
$
748,360


(A) Sales by geographic region are based on the location to which the product is shipped.

Contract with Customer, Asset and Liability
Net contract liabilities consisted of the following:
 
June 30, 2020
 
December 31, 2019
 
$ Change
 
% Change
Unbilled receivables (contract assets)
$
31,677

 
$
22,444

 
$
9,233

 
41
 %
Contract liabilities
(52,386
)
 
(55,076
)
 
2,690

 
(5
)%
Net contract liabilities
$
(20,709
)
 
$
(32,632
)
 
$
11,923

 
(37
)%

Contract liabilities balances at June 30, 2020 and December 31, 2019 include $16,694 and $16,971,