XML 44 R26.htm IDEA: XBRL DOCUMENT
v3.24.0.1

REVENUE RECOGNITION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
REVENUE RECOGNITION |
Schedule of reconciliation of disaggregated revenue by target market and geography | The Company’s disaggregated revenues are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
Target Market | ​ | 2023 |  | 2022 | ​ | 2021
Industrial | ​ | $ | 257,004 | ​ | $ | 193,290 | ​ | $ | 135,440
Vehicle | ​ | ​ | 133,488 | ​ | ​ | 130,436 | ​ | ​ | 129,835
Medical | ​ |  | 84,515 | ​ |  | 85,113 | ​ |  | 86,129
Aerospace & Defense | ​ |  | 78,175 | ​ |  | 70,193 | ​ |  | 31,746
Distribution and Other | ​ |  | 25,452 | ​ |  | 23,956 | ​ |  | 20,366
Total | ​ | $ | 578,634 | ​ | $ | 502,988 | ​ | $ | 403,516
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
Geography | ​ | 2023 |  | 2022 | ​ | 2021
North America (primarily U.S.) | ​ | $ | 399,224 | ​ | $ | 337,768 | ​ | $ | 239,528
Europe | ​ |  | 150,608 | ​ |  | 130,018 | ​ |  | 129,414
Asia-Pacific | ​ |  | 28,802 | ​ |  | 35,202 | ​ |  | 34,574
Total | ​ | $ | 578,634 | ​ | $ | 502,988 | ​ | $ | 403,516
Schedule of opening and closing balances of the Company's receivables, contract asset, and contract liability | The opening and closing balances of the Company’s contract liability are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, | ​ | December 31,
​ | ​ | 2023 | ​ | 2022
Contract liabilities in accrued liabilities | ​ | $ | 2,137 | ​ | $ | 4,807
Contract liabilities in other long-term liabilities | ​ | ​ | 8 | ​ | ​ | 19
​ | ​ | $ | 2,145 | ​ | $ | 4,826
​ | ​ | ​ | ​ | ​ | ​ | ​

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -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 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration