Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition

v3.20.4
Revenue Recognition
3 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The Company delivers a variety of products and services through its business segments. The SGK Brand Solutions segment delivers brand management, pre-media services, printing plates and cylinders, engineered products, and imaging services for consumer goods and retail customers, merchandising display systems, and marketing and design services primarily to the consumer goods and retail industries. The Memorialization segment produces and delivers bronze and granite memorials and other memorialization products, caskets, and cremation and incineration equipment primarily for the cemetery and funeral home industries.  The Industrial Technologies segment delivers marking and coding equipment and consumables, industrial automation products and order fulfillment systems for identifying, tracking, picking and conveying consumer and industrial products for the warehousing and industrial industries.

The Company disaggregates revenue from contracts with customers by geography, as it believes geographic regions best depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors. Disaggregated sales by segment and region for the three months ended December 31, 2020 and 2019 were as follows:

  SGK Brand Solutions Memorialization Industrial Technologies Consolidated
Three Months Ended December 31, Three Months Ended December 31, Three Months Ended December 31, Three Months Ended December 31,
2020 2019 2020 2019 2020 2019 2020 2019
North America $ 70,402  $ 76,230  $ 170,324  $ 144,045  $ 27,635  $ 28,299  $ 268,361  $ 248,574 
Central and South America 1,375  1,836  —  —  —  —  1,375  1,836 
Europe 81,809  82,413  10,440  7,829  5,991  6,926  98,240  97,168 
Australia 3,481  3,002  2,510  2,531  —  —  5,991  5,533 
Asia 11,073  11,399  —  —  1,617  434  12,690  11,833 
Total Sales $ 168,140  $ 174,880  $ 183,274  $ 154,405  $ 35,243  $ 35,659  $ 386,657  $ 364,944