Revenue (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

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

	Three Months Ended June 30, 2024						Three Months Ended June 30, 2023
	Aerospace		Industrial		Total Company		Aerospace		Industrial		Total Company
Products and Services(A)
Aerospace Original Equipment Manufacturing Products	$	132,185	$	—	$	132,185	$	75,362	$	—	75,362
Aerospace Aftermarket Products and Services	85,773		—		85,773		46,653		—		46,653
Force & Motion Control Products	—		42,452		42,452		—		100,440		100,440
Molding Solutions Products	—		106,894		106,894		—		100,127		100,127
Automation Products	—		14,928		14,928		—		16,402		16,402
	$	217,958	$	164,274	$	382,232	$	122,015	$	216,969	$	338,984
Geographic Regions (B)
Americas	$	147,877	$	53,551	$	201,428	$	87,849	$	93,254	$	181,103
Europe	43,769		76,679		120,448		20,401		81,021		101,422
Asia	23,614		33,326		56,940		11,641		40,821		52,462
Rest of World	2,698		718		3,416		2,124		1,873		3,997
	$	217,958	$	164,274	$	382,232	$	122,015	$	216,969	$	338,984

	Six Months Ended June 30, 2024						Six Months Ended June 30, 2023
	Aerospace		Industrial		Total Company		Aerospace		Industrial		Total Company
Products and Services(A)
Aerospace Original Equipment Manufacturing Products	$	267,012	$	—	$	267,012	$	148,100	$	—	148,100
Aerospace Aftermarket Products and Services	172,316		—		172,316		91,171		—		91,171
Force & Motion Control Products (B)	—		135,574		135,574		—		198,914		198,914
Molding Solutions Products	—		208,288		208,288		—		203,654		203,654
Automation Products	—		29,680		29,680		—		32,502		32,502
	$	439,328	$	373,542	$	812,870	$	239,271	$	435,070	$	674,341
Geographic Regions (C)
Americas	$	302,908	$	143,568	$	446,476	$	172,421	$	189,194	$	361,615
Europe	85,725		156,253		241,978		41,068		160,629		201,697
Asia	45,757		70,882		116,639		21,663		80,932		102,595
Rest of World	4,938		2,839		7,777		4,119		4,315		8,434
	$	439,328	$	373,542	$	812,870	$	239,271	$	435,070	$	674,341

(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 and six month periods ended June 30, 2024.

(B) Effective April 23, 2024, following the divestiture of the Businesses, the Company renamed the Motion Control Solutions business to Force & Motion Control. Revenue related to the divested businesses contributed $0 and $53,040 during the three and six month periods ended June 30, 2024, respectively, and $57,616 and $110,862 during the three and six month periods ended June 2023, respectively.

(C) 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:

	June 30, 2024		December 31, 2023		$ Change		% Change
Unbilled receivables (contract assets)	$	69,246	$	59,652	$	9,594	16	%
Contract liabilities	(50,924)		(42,428)		(8,496)		20	%
Net contract assets	$	18,322	$	17,224	$	1,098	6	%