v3.26.1
Revenue
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
We disaggregate our revenue by product line and geographic region of our customers as we believe these metrics best depict how the nature, amount, timing and uncertainty of our revenues and cash flows are affected by economic factors. See details in the tables below.
Three Months Ended March 31,
20262025
(In millions)
PRODUCT LINE
Supply technologies$168.9 $161.1 
Engineered specialty fasteners and other products26.2 26.7 
Supply Technologies Segment195.1 187.8 
Fuel, rubber and plastic products100.2 96.9 
Assembly Components Segment100.2 96.9 
Industrial equipment92.8 90.0 
Forged and machined products32.9 30.7 
Engineered Products Segment125.7 120.7 
Total$421.0 $405.4 

Supply Technologies SegmentAssembly Components SegmentEngineered Products SegmentTotal Revenues
(In millions)
Three Months Ended March 31, 2026
GEOGRAPHIC REGION
United States$103.4 $60.0 $75.2 $238.6 
Europe46.5 4.4 20.3 71.2 
Asia20.2 8.1 20.2 48.5 
Mexico20.6 16.5 2.8 39.9 
Canada3.5 9.9 4.3 17.7 
Other0.9 1.3 2.9 5.1 
Total$195.1 $100.2 $125.7 $421.0 
Three Months Ended March 31, 2025
GEOGRAPHIC REGION
United States$108.6 $60.1 $67.2 $235.9 
Europe40.4 4.4 14.9 59.7 
Asia17.7 8.4 20.2 46.3 
Mexico17.5 15.1 5.5 38.1 
Canada3.1 7.8 9.2 20.1 
Other0.5 1.1 3.7 5.3 
Total$187.8 $96.9 $120.7 $405.4 

For over time arrangements, contract assets primarily relate to revenue recognized in advance of billings to customers under long-term contracts accounted for under percentage of completion. These amounts, which totaled $53.0 million and $49.4 million at March 31, 2026 and December 31, 2025, respectively, are recorded in Other current assets in the Condensed Consolidated Balance Sheets.
For over time arrangements, contract liabilities primarily relate to advances or deposits received from the Company’s customers before revenue is recognized. These amounts, which totaled $58.4 million and $56.9 million at March 31, 2026 and December 31, 2025, respectively, are recorded in Accrued expenses and other in the Condensed Consolidated Balance Sheets.