XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.24.3

Major Customers | 9 Months Ended
--- | ---
Sep. 30, 2024
Concentration Risks, Types, No Concentration Percentage [Abstract] |
Major Customers | MAJOR CUSTOMERS The Company had five major customers during the nine months ended September 30, 2024, BRP, Inc. ("BRP"), Navistar, Inc. ("Navistar"), PACCAR, Inc. ("PACCAR"), Volvo Group North America, LLC ("Volvo") and Yamaha Motor Corporation ("Yamaha"). Major customers are defined as customers whose sales individually consist of more than ten percent of the Company's total sales during any annual or interim reporting period presented. The loss of a significant portion of sales to these customers could have a material adverse effect on the Company. The following table presents sales revenue for the above-mentioned customers for the three and nine months ended September 30, 2024 and 2023 (in thousands):
| Three months ended September 30, |  | Nine months ended September 30, |  |
| 2024 |  | 2023 |  | 2024 |  | 2023 |  |  |  |
BRP product sales | $ | 6,677 |  |  | $ | 9,169 |  |  | $ | 23,502 |  |  | $ | 33,770 |  |  |  |  |
BRP tooling sales | 153 |  |  | 3,502 |  |  | 382 |  |  | 4,240 |  |  |  |  |
Total BRP sales | 6,830 |  |  | 12,671 |  |  | 23,884 |  |  | 38,010 |  |  |  |  |
Navistar product sales | 17,294 |  |  | 18,612 |  |  | 49,932 |  |  | 55,625 |  |  |  |  |
Navistar tooling sales | 430 |  |  | 426 |  |  | 650 |  |  | 612 |  |  |  |  |
Total Navistar sales | 17,724 |  |  | 19,038 |  |  | 50,582 |  |  | 56,237 |  |  |  |  |
PACCAR product sales | 8,691 |  |  | 9,238 |  |  | 29,250 |  |  | 28,160 |  |  |  |  |
PACCAR tooling sales | 57 |  |  | 59 |  |  | 423 |  |  | 789 |  |  |  |  |
Total PACCAR sales | 8,748 |  |  | 9,297 |  |  | 29,673 |  |  | 28,949 |  |  |  |  |
Volvo product sales | 10,262 |  |  | 13,102 |  |  | 36,487 |  |  | 44,073 |  |  |  |  |
Volvo tooling sales | — |  |  | — |  |  | — |  |  | 799 |  |  |  |  |
Total Volvo sales | 10,262 |  |  | 13,102 |  |  | 36,487 |  |  | 44,872 |  |  |  |  |
Yamaha product sales | 8,360 |  |  | 7,060 |  |  | 25,694 |  |  | 23,417 |  |  |  |  |
Yamaha tooling sales | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
Total Yamaha sales | 8,360 |  |  | 7,060 |  |  | 25,694 |  |  | 23,417 |  |  |  |  |
Other product sales | 19,974 |  |  | 23,715 |  |  | 66,180 |  |  | 89,888 |  |  |  |  |
Other tooling sales | 1,094 |  |  | 1,845 |  |  | 7,380 |  |  | 2,588 |  |  |  |  |
Total other sales | 21,068 |  |  | 25,560 |  |  | 73,560 |  |  | 92,476 |  |  |  |  |
Total product sales | 71,258 |  |  | 80,896 |  |  | 231,045 |  |  | 274,933 |  |  |  |  |
Total tooling sales | 1,734 |  |  | 5,832 |  |  | 8,835 |  |  | 9,028 |  |  |  |  |
Total sales | $ | 72,992 |  |  | $ | 86,728 |  |  | $ | 239,880 |  |  | $ | 283,961 |  |  |  |  |

X
- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 275 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//275/tableOfContent + Details
Name: | us-gaap_ConcentrationRiskDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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