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Revenue from Contracts with Customers
6 Months Ended
Jun. 30, 2019
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers
4)
Revenue from Contracts with Customers
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Contract assets 
as of June 30, 2019 and December 31, 2018 were $
2,883
and $
3,624
, respectively, and included in other current assets.
A rollforward of the Company’s deferred revenue and customer advances is as follows:
         
 
Six Months Ended
June 30, 2019
 
Beginning balance, January 1
(1)
  $
17,474
 
Deferred revenue and customer advances assumed in ESI Merger
   
4,629
 
Additions to deferred revenue and customer advances
   
34,772
 
Amount of deferred revenue and customer advances recognized in income
   
(27,407
)
         
Ending balance, June 30
(2)
  $
29,468
 
         
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Beginning deferred revenue and customer advances as of January 1, 2019 included $
8,134
of current deferred revenue, $
3,228
of long-term deferred revenue and $
6,112
of current customer advances.
 
 
 
 
 
 
 
 
 
 
 
 
 
(2)
Ending deferred revenue as of June 30, 2019 included $
17,968
of current deferred revenue, $
2,871
of long-term deferred revenue and $
8,629
of current customer advances.
 
 
 
 
 
 
 
 
 
 
 
 
 
Disaggregation of Revenue
The following table summarizes revenue from contracts with customers:
                                 
 
Three Months Ended June 30, 2019
 
 
Vacuum &
Analysis
   
Light &
Motion
   
Equipment &
Solutions
   
Total
 
Net revenues:
   
     
     
     
 
Products
  $
191,760
    $
167,363
    $
42,203
    $
401,326
 
Services
   
43,895
     
15,216
     
13,673
     
72,784
 
                                 
Total net revenues
  $
235,655
    $
182,579
    $
55,876
    $
474,110
 
                                 
       
 
Three Months Ended June 30, 2018
 
 
Vacuum &
Analysis
   
Light &
Motion
   
Equipment &
Solutions
   
Total
 
Net revenues:
   
     
     
     
 
Products
  $
321,454
    $
188,545
    $
—  
    $
509,999
 
Services
   
46,874
     
16,267
     
—  
     
63,141
 
                                 
Total net revenues
  $
368,328
    $
204,812
    $
—  
    $
573,140
 
                                 
 
 
 
 
 
  
                                 
 
Six Months Ended June 30, 2019
 
 
Vacuum &
Analysis
   
Light &
Motion
   
Equipment &
Solutions
   
Total
 
Net revenues:
   
     
     
     
 
Products
  $
384,408
    $
346,060
    $
68,221
    $
798,689
 
Services
   
85,602
     
30,507
     
22,873
     
138,982
 
                                 
Total net revenues
  $
470,010
    $
376,567
    $
91,094
    $
937,671
 
                                 
       
 
Six Months Ended June 30, 2018
 
 
Vacuum &
Analysis
   
Light &
Motion
   
Equipment &
Solutions
   
Total
 
Net revenues:
   
     
     
     
 
Products
  $
625,790
     
380,886
    $
—  
    $
1,006,676
 
Services
   
90,882
     
29,857
     
—  
     
120,739
 
                                 
Total net revenues
  $
716,672
    $
410,743
    $
—  
    $
1,127,415
 
                                 
 
 
 
 
 
Product revenue, excluding revenue from certain custom products, is recorded at a point in time, while the majority of the service revenue and revenue from certain custom products is recorded over time.
Refer to Note 17 for revenue by reportable segment, geography and groupings of similar products.