Revenue (Tables)

9 Months Ended

Sep. 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 September 30, 2024						Three Months Ended September 30, 2023
	Aerospace		Industrial		Total Company		Aerospace		Industrial		Total Company
Products and Services(A)
Aerospace Original Equipment Manufacturing Products	$	137,806	$	—	$	137,806	$	97,994	$	—	97,994
Aerospace Aftermarket Products and Services	94,128		—		94,128		58,096		—		58,096
Force & Motion Control Products	—		40,284		40,284		—		91,442		91,442
Molding Solutions Products	—		101,750		101,750		—		99,428		99,428
Automation Products	—		13,826		13,826		—		14,028		14,028
	$	231,934	$	155,860	$	387,794	$	156,090	$	204,898	$	360,988
Geographic Regions (B)
Americas	$	150,950	$	54,476	$	205,426	$	106,608	$	89,574	$	196,182
Europe	47,861		64,782		112,643		29,708		74,777		104,485
Asia	29,307		35,932		65,239		17,213		38,738		55,951
Rest of World	3,816		670		4,486		2,561		1,809		4,370
	$	231,934	$	155,860	$	387,794	$	156,090	$	204,898	$	360,988

	Nine Months Ended September 30, 2024						Nine Months Ended September 30, 2023
	Aerospace		Industrial		Total Company		Aerospace		Industrial		Total Company
Products and Services(A)
Aerospace Original Equipment Manufacturing Products	$	404,818	$	—	$	404,818	$	246,094	$	—	246,094
Aerospace Aftermarket Products and Services	266,444		—		266,444		149,268		—		149,268
Force & Motion Control Products (B)	—		175,858		175,858		—		290,356		290,356
Molding Solutions Products	—		310,038		310,038		—		303,082		303,082
Automation Products	—		43,506		43,506		—		46,529		46,529
	$	671,262	$	529,402	$	1,200,664	$	395,362	$	639,967	$	1,035,329
Geographic Regions (C)
Americas	$	453,858	$	198,044	$	651,902	$	279,029	$	278,768	$	557,797
Europe	133,586		221,035		354,621		70,776		235,406		306,182
Asia	75,064		106,814		181,878		38,876		119,670		158,546
Rest of World	8,754		3,509		12,263		6,681		6,123		12,804
	$	671,262	$	529,402	$	1,200,664	$	395,362	$	639,967	$	1,035,329

(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 nine month periods ended September 30, 2024 and September 30, 2023..

(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 nine month periods ended September 30, 2024, respectively, and $51,804 and $162,666 during the three and nine month periods ended September 30, 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:

	September 30, 2024		December 31, 2023		$ Change		% Change
Unbilled receivables (contract assets)	$	67,089	$	59,652	$	7,437	12	%
Contract liabilities	(42,831)		(42,428)		(403)		1	%
Net contract assets	$	24,258	$	17,224	$	7,034	41	%