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Revenue From Contracts With Customers (Tables)
12 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue The following tables represent a disaggregation of revenue from contracts with customers for the year ended December 31, 2018.
Sales by application 
Materials processing $1,374,448 
Other applications 85,426 
Total $1,459,874 

Sales by product 
High Power Continuous Wave ("CW") Lasers $909,726 
Medium and Low Power CW Lasers 95,764 
Pulsed Lasers
162,048 
Quasi-Continuous Wave ("QCW") Lasers
66,700 
Laser Systems 59,330 
Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue 166,306 
Total $1,459,874 

Sales by geography 
North America $202,743 
Europe: 
Germany 111,259 
Other including Eastern Europe/CIS 296,917 
Asia and Australia: 
China 629,079 
Japan 87,619 
Other 127,251 
Rest of World 5,006 
Total $1,459,874 

Timing of revenue recognition 
Goods and services transferred at a point in time $1,447,343 
Services transferred over time 12,531 
Total $1,459,874 
Changes in Contract Assets and Liabilities
The following table reflects the changes in the Company's contract assets and liabilities for the year ended December 31, 2018:
December 31, January 1, 
20182018Change 
Contract assets 
Contract assets 10,102 — 10,102 100.0 %
Contract liabilities 
Contract liabilities - current 52,606 46,508 6,098 13.1 %
Contract liabilities - long-term 1,413 182 1,231 676.4 %
Schedule of Remaining Performance Obligations The following table represents the Company's remaining performance obligations from contracts that are recognized over time as of December 31, 2018:
Remaining Performance Obligations 
201920202021202220232024Total
Revenue expected to be recognized for extended warranty agreements 3,302 760 375 203 71 4,715 
Revenue to be earned over time from contracts to sell robotic systems 38,038 1,700 — — — — 39,738 
Total $41,340 $2,460 $375 $203 $71 $$44,453