Revenue (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

The following table presents the Company's revenue disaggregated by products and services, and geographic regions, by segment:


	Three Months Ended March 31, 2024						Three Months Ended March 31, 2023
	Aerospace		Industrial		Total Company		Aerospace		Industrial		Total Company
Products and Services(A)
Aerospace Original Equipment Manufacturing Products	$	134,827	$	—	$	134,827	$	72,738	$	—	72,738
Aerospace Aftermarket Products and Services	86,544		—		86,544		44,518		—		44,518
Motion Control Solutions Products	—		93,122		93,122		—		98,474		98,474
Molding Solutions Products	—		101,394		101,394		—		103,527		103,527
Automation Products	—		14,751		14,751		—		16,100		16,100
	$	221,371	$	209,267	$	430,638	$	117,256	$	218,101	$	335,357

Geographic Regions (B)
Americas	$	155,031	$	90,017	$	245,048	$	84,572	$	95,940	$	180,512
Europe	41,956		79,574		121,530		20,667		79,608		100,275
Asia	22,143		37,556		59,699		10,022		40,111		50,133
Rest of World	2,241		2,120		4,361		1,995		2,442		4,437
	$	221,371	$	209,267	$	430,638	$	117,256	$	218,101	$	335,357

(A) The results of MB Aerospace, from the acquisition on August 31, 2023, have been included within the Company's revenue disaggregated by products and services, and geographic regions within the Aerospace Segment for the three month periods ended March 31, 2024.

(B) Sales by geographic region are based on the location to which the product is shipped and services are delivered.

Contract with Customer, Asset and Liability

Net contract assets (liabilities) consisted of the following:


	March 31, 2024		December 31, 2023		$ Change		% Change
Unbilled receivables (contract assets)	$	68,685	$	59,652	$	9,033	15	%
Contract liabilities	(38,093)		(42,428)		4,335		(10)	%
Net contract assets	$	30,592	$	17,224	$	13,368	78	%