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Revenue (Tables)
12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables present the Company's revenue disaggregated by products and services, geographic regions and end markets, by segment:
2022
IndustrialAerospaceTotal Company
Product and Services
Engineered Components Products$189,458 $ $189,458 
Molding Solutions Products402,598  402,598 
Force & Motion Control Products181,197  181,197 
Automation Products59,462  59,462 
Aerospace Original Equipment Manufacturing ("OEM") Products 265,179 265,179 
Aerospace Products and Services ("Aftermarket") 163,974 163,974 
$832,715 $429,153 $1,261,868 
Geographic Regions (A)
Americas$357,032 $307,712 $664,744 
Europe296,856 79,283 376,139 
Asia172,922 37,348 210,270 
Rest of World5,905 4,810 10,715 
$832,715 $429,153 $1,261,868 
End Markets
Aerospace Original Equipment Manufacturing $12,541 $265,179 $277,720 
Aerospace Aftermarket 163,974 163,974 
Medical, Personal Care & Packaging186,729  186,729 
Tool and Die85,947  85,947 
General Industrial254,681  254,681 
Auto Molding Solutions138,978  138,978 
Auto Production94,377  94,377 
Automation59,462  59,462 
$832,715 $429,153 $1,261,868 
(A) Sales by geographic regions are based on the location to which the product is shipped and services are delivered.
2021
IndustrialAerospaceTotal Company
Product and Services
Engineered Components Products$184,241 $— $184,241 
Molding Solutions Products458,681 — 458,681 
Force & Motion Control Products185,597 — 185,597 
Automation Products67,964 — 67,964 
Aerospace OEM Products— 246,850 246,850 
Aerospace Aftermarket— 115,513 115,513 
$896,483 $362,363 $1,258,846 
Geographic Regions (A)
Americas$356,518 $271,241 $627,759 
Europe335,679 58,237 393,916 
Asia199,578 29,701 229,279 
Rest of World4,708 3,184 7,892 
$896,483 $362,363 $1,258,846 
End Markets
Aerospace OEM$9,278 $246,850 $256,128 
Aerospace Aftermarket— 115,513 115,513 
Medical, Personal Care & Packaging219,672 — 219,672 
Tool and Die95,466 — 95,466 
General Industrial255,942 — 255,942 
Auto Molding Solutions150,125 — 150,125 
Auto Production98,036 — 98,036 
Automation67,964 — 67,964 
$896,483 $362,363 $1,258,846 
(A) Sales by geographic regions are based on the location to which the product is shipped and services are delivered.
2020
IndustrialAerospaceTotal Company
Product and Services
Engineered Components Products$161,024 $— $161,024 
Molding Solutions Products400,806 — 400,806 
Force & Motion Control Products153,397 — 153,397 
Automation Products54,892 — 54,892 
Aerospace OEM Products— 234,578 234,578 
Aerospace Aftermarket— 119,694 119,694 
$770,119 $354,272 $1,124,391 
Geographic Regions (A)
Americas$293,339 $257,370 $550,709 
Europe308,288 62,250 370,538 
Asia164,002 30,316 194,318 
Rest of World4,490 4,336 8,826 
$770,119 $354,272 $1,124,391 
End Markets
Aerospace OEM$11,182 $234,577 $245,759 
Aerospace Aftermarket— 119,695 119,695 
Medical, Personal Care & Packaging213,725 — 213,725 
Tool and Die81,187 — 81,187 
General Industrial192,547 — 192,547 
Auto Molding Solutions125,337 — 125,337 
Auto Production91,249 — 91,249 
Automation54,892 — 54,892 
$770,119 $354,272 $1,124,391 
(A) Sales by geographic market are based on the location to which the product is shipped and services are delivered.
Contract with Customer, Asset and Liability
December 31, 2022December 31, 2021$ Change% Change
Unbilled receivables (contract assets)$42,423 $33,522 $8,901 27 %
Contract liabilities(27,857)(25,374)(2,483)10 %
Net contract assets$14,566 $8,148 $6,418 79 %
Capitalized Contract Cost
December 31, 2022December 31, 2021
Tooling$2,728 $3,800 
Design costs2,887 3,252 
$5,615 $7,052