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Revenue Recognition (Tables) | 3 Months Ended
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Jun. 30, 2022
Revenue from Contract with Customer [Abstract] |
Net Sales Disaggregated by Product Line and Geographic Area | The following table presents the Company’s revenue disaggregated by product line and geographic area:
|  | Three Months Ended |
|  | June 30, |
Product Line |  | 2022 |  |  | 2021 |
Heat transfer equipment |  | $ | 10,211 |  |  | $ | 6,764 |
Vacuum equipment |  |  | 6,091 |  |  |  | 4,219 |
Fluid systems |  |  | 9,112 |  |  |  | 1,808 |
Power systems |  |  | 3,293 |  |  |  | 1,663 |
All other |  |  | 7,368 |  |  |  | 5,703 |
Net sales |  | $ | 36,075 |  |  | $ | 20,157 |
Geographic Region |  |  |  |  |  |
Asia |  | $ | 4,248 |  |  | $ | 3,509 |
Canada |  |  | 997 |  |  |  | 1,208 |
Middle East |  |  | 459 |  |  |  | 612 |
South America |  |  | 1,461 |  |  |  | 242 |
U.S. |  |  | 28,169 |  |  |  | 13,894 |
All other |  |  | 741 |  |  |  | 692 |
Net sales |  | $ | 36,075 |  |  | $ | 20,157 |
Schedule of Net Contract Assets (Liabilities) | Net contract assets (liabilities) consisted of the following:
|  | June 30, 2022 |  |  | March 31, 2022 |  |  | Change |
Unbilled revenue (contract assets) |  | $ | 28,091 |  |  | $ | 25,570 |  |  | $ | 2,521 |
Customer deposits (contract liabilities) |  |  | (25,064 | ) |  |  | (25,644 | ) |  |  | 580 |
Net contract assets (liabilities) |  | $ | 3,027 |  |  | $ | (74 | ) |  | $ | 3,101 |

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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