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Revenue | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Revenue | Revenue The following table shows the Company’s Automotive revenue and Other Products revenue disaggregated by geographical location for Automotive Products for the three and six month periods ended June 30, 2024 and June 30, 2023, respectively:
| Three Months Ended June 30, |  | Six Months Ended June 30,
Revenue | 2024 |  | 2023 |  | 2024 |  | 2023
Automotive Products |  |  |  |  |  |  |
U.S. | $ | 164,948,637 |  |  | $ | 177,940,475 |  |  | $ | 330,089,259 |  |  | $ | 348,722,079 |
Japan | 82,261,793 |  | 84,178,567 |  | 171,266,421 |  |  | 156,334,551 |
Germany | 71,510,830 |  |  | 73,990,846 |  |  | 147,205,718 |  |  | 154,570,310 |
Korea | 31,457,450 |  |  | 33,920,149 |  |  | 85,152,562 |  |  | 57,398,619 |
Mexico | 47,955,922 |  |  | 36,803,254 |  |  | 85,577,085 |  |  | 71,090,798 |
Other | 161,155,463 |  |  | 167,276,457 |  |  | 317,601,246 |  |  | 323,416,379 |
Total Automotive Products | $ | 559,290,095 |  |  | $ | 574,109,748 |  |  | $ | 1,136,892,291 |  |  | $ | 1,111,532,736 |
Other Products (U.S.) | 13,635,683 |  |  | 9,363,098 |  |  | $ | 26,258,698 |  |  | $ | 22,701,421 |
Total Revenue | $ | 572,925,778 |  |  | $ | 583,472,846 |  |  | $ | 1,163,150,989 |  |  | $ | 1,134,234,157 |
Revenue by geographic area may fluctuate based on many factors, including: exposure to local economic, political, and labor conditions; global supply chain constraints; unexpected changes in laws, regulations, trade or monetary or fiscal policy, including interest rates, foreign currency exchange rates and changes in the rate of inflation in the U.S. and other foreign countries; labor strikes, armed conflicts and acts of terrorism and war; and tariffs, quotas, customs and other import or export restrictions and other trade barriers. The following table disaggregates the Company’s Automotive revenue and Other revenue by major source for the three and six month periods ended June 30, 2024 and June 30, 2023:
| Three Months Ended June 30, |  | Six Months Ended June 30, |  |
Revenue | 2024 |  | 2023 |  | 2024 |  | 2023 |  |
Automotive Segment |  |  |  |  |  |  |  |  |
Automotive Mirrors & Electronics | $ | 530,558,700 |  |  | $ | 540,636,798 |  |  | $ | 1,080,743,130 |  |  | $ | 1,046,368,374 |  |  |
HomeLink Modules* | 28,731,395 |  |  | 33,472,950 |  |  | 56,149,161 |  |  | 65,164,362 |  |  |
Total Automotive Products | $ | 559,290,095 |  |  | $ | 574,109,748 |  |  | $ | 1,136,892,291 |  |  | $ | 1,111,532,736 |  |  |
Other Segment |  |  |  |  |  |  |  |  |
Fire Protection Products | 7,353,664 |  |  | 6,018,930 |  |  | 14,189,702 |  |  | 15,320,083 |  |  |
Aerospace Products | 6,286,593 |  |  | 3,344,168 |  |  | 12,057,394 |  |  | 7,381,338 |  |  |
Medical Products | (4,574) |  |  | — |  |  | $ | 11,603 |  |  | $ | — |  |  |
Total Other | $ | 13,635,683 |  |  | $ | 9,363,098 |  |  | $ | 26,258,698 |  |  | $ | 22,701,421 |  |  |
*Excludes HomeLink revenue where HomeLink electronics are integrated into interior auto-dimming mirrors. |  |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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