Annual report pursuant to Section 13 and 15(d)

REVENUE RECOGNITION

v3.24.3
REVENUE RECOGNITION
12 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION:
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 years ended September 30, 2024, 2023 and 2022 were as follows:
  North America Central and South America Europe Australia Asia Consolidated
Memorialization:          
2024 $ 788,918  $ —  $ 30,446  $ 10,367  $ —  $ 829,731 
2023 799,153  —  32,745  11,099  —  842,997 
2022 788,791  —  41,184  10,149  —  840,124 
Industrial Technologies:
2024 $ 141,395  $ —  $ 284,987  $ —  $ 6,774  $ 433,156 
2023 164,334  —  333,759  —  7,658  505,751 
2022 155,977  —  172,985  —  6,561  335,523 
SGK Brand Solutions:
2024 $ 252,210  $ 5,456  $ 206,763  $ 9,147  $ 59,274  $ 532,850 
2023 255,751  5,260  206,232  8,814  56,091  532,148 
2022 285,499  4,729  230,437  11,057  55,034  586,756 
Consolidated:          
2024 $ 1,182,523  $ 5,456  $ 522,196  $ 19,514  $ 66,048  $ 1,795,737 
2023 1,219,238  5,260  572,736  19,913  63,749  1,880,896 
2022 1,230,267  4,729  444,606  21,206  61,595  1,762,403 

Revenue from products or services provided to customers over time accounted for approximately 18%, 15%, and 12% of revenue for the years ended September 30, 2024, 2023, and 2022, respectively. As of September 30, 2024 and 2023, the Company had net contract assets for projects recognized using the over time method totaling $64,246 and $37,711, respectively, which primarily represent unbilled revenues, net of deferred revenues related to customer deposits and progress billings. Net contract assets at September 30, 2024 predominantly related to ongoing projects with the Company's largest energy storage customer.