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Revenue from Contracts with Customers (Tables) | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables summarize revenue by customer industry. Our products in the automotive industry include high-precision components and assemblies for electric power steering systems, electric braking, electric motors, fuel systems, emissions control, transmissions, moldings, stampings, sensors, and electrical contacts. Our products in the general industrial industry include high-precision metal and plastic components for a variety of industrial applications including diesel industrial motors, heating and cooling systems, fluid power systems, power tools, and more. While many of the industries we serve include electrical components, our products in the residential/commercial electrical industry category in the following tables include components used in smart meters, charging stations, circuit breakers, transformers, electrical contact assemblies, precision stampings, welded contact assemblies, specification plating, and surface finishing. The other category includes products sold in aerospace, defense, medical, and other industries.
Three Months Ended June 30, 2024 | Mobile Solutions |  | Power Solutions |  | Intersegment Sales Eliminations |  | Total
Automotive | $ | 50,217 |  |  | $ | 8,066 |  |  | $ | — |  |  | $ | 58,283 |
General Industrial | 17,534 |  |  | 13,669 |  |  | — |  |  | 31,203 |
Residential/Commercial Electrical | — |  |  | 21,486 |  |  | — |  |  | 21,486 |
Other | 5,104 |  |  | 6,930 |  |  | (14) |  |  | 12,020 |
Total net sales | $ | 72,855 |  |  | $ | 50,151 |  |  | $ | (14) |  |  | $ | 122,992 |
Three Months Ended June 30, 2023 | Mobile Solutions |  | Power Solutions |  | Intersegment Sales Eliminations |  | Total
Automotive | $ | 52,961 |  |  | $ | 9,115 |  |  | $ | — |  |  | $ | 62,076 |
General Industrial | 19,228 |  |  | 13,510 |  |  | — |  |  | 32,738 |
Residential/Commercial Electrical | — |  |  | 17,608 |  |  | — |  |  | 17,608 |
Other | 4,964 |  |  | 7,829 |  |  | (9) |  |  | 12,784 |
Total net sales | $ | 77,153 |  |  | $ | 48,062 |  |  | $ | (9) |  |  | $ | 125,206 |
Six Months Ended June 30, 2024 | Mobile Solutions |  | Power Solutions |  | Intersegment Sales Eliminations |  | Total
Automotive | $ | 99,192 |  |  | $ | 16,322 |  |  | $ | — |  |  | $ | 115,514 |
General Industrial | 36,247 |  |  | 26,807 |  |  | — |  |  | 63,054 |
Residential/Commercial Electrical | — |  |  | 41,718 |  |  | — |  |  | 41,718 |
Other | 10,476 |  |  | 13,542 |  |  | (114) |  |  | 23,904 |
Total net sales | $ | 145,915 |  |  | $ | 98,389 |  |  | $ | (114) |  |  | $ | 244,190 |
Six Months Ended June 30, 2023 | Mobile Solutions |  | Power Solutions |  | Intersegment Sales Eliminations |  | Total
Automotive | $ | 108,765 |  |  | $ | 17,918 |  |  | $ | — |  |  | $ | 126,683 |
General Industrial | 39,441 |  |  | 28,115 |  |  | — |  |  | 67,556 |
Residential/Commercial Electrical | — |  |  | 32,193 |  |  | — |  |  | 32,193 |
Other | 6,965 |  |  | 18,908 |  |  | (11) |  |  | 25,862 |
Total net sales | $ | 155,171 |  |  | $ | 97,134 |  |  | $ | (11) |  |  | $ | 252,294 |

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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 -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
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