Net Sales
We disaggregate our net sales from contracts with customers by major product group and geographic area within each of our segments, as we believe it best depicts how the nature, amount, timing and uncertainty of our net sales are affected by economic factors.
Major Product Group
The Vehicle Control operating segment generates its revenues from core aftermarket sales of ignition, emissions, and fuel delivery, electrical and safety, and wire sets and other product categories primarily in the United States. The Temperature Control operating segment generates its revenue from aftermarket sales of air conditioning system components and other thermal products. The Nissens Automotive operating segment generates its revenues from aftermarket sales of engine cooling, air conditioning system components and engine efficiency products primarily in Europe. The Engineered Solutions operating segment generates revenues from custom-engineered products to vehicle and equipment manufacturers in highly diversified global end-markets such as commercial and light vehicles, construction, agriculture, power sports and marine.
The following table summarizes consolidated net sales by major product group within each operating segment (in thousands):
Year Ended December 31,
202520242023
Vehicle Control   
Engine Management (Ignition, Emissions and Fuel Delivery)$486,203 $467,460 $450,180 
Electrical and Safety241,938 229,361 221,782 
Wire Sets and Other57,251 65,739 65,970 
Total Vehicle Control785,392 762,560 737,932 
 
Temperature Control
AC System Components316,781 274,926 237,756 
Other Thermal Components109,586 105,162 99,998 
Total Temperature Control426,367 380,088 337,754 
 
Nissens Automotive
Air Conditioning126,727 9,214 — 
Engine Cooling126,389 19,287 — 
Engine Efficiency52,261 7,244 — 
Total Nissens Automotive305,377 35,745 — 
Engineered Solutions
Light Vehicle84,887 91,548 92,701 
Commercial Vehicle81,239 89,171 79,376 
Construction/Agriculture35,618 35,832 41,665 
All Other72,740 68,905 68,844 
Total Engineered Solutions274,484 285,456 282,586 
Intersegment sales(462)— — 
Total$1,791,158 $1,463,849 $1,358,272 
Geographic Area
We sell our line of products primarily in the United States, with additional sales in Europe, Canada, Mexico, and other foreign countries. Sales are attributed to countries based upon the location of the customer. Our sales are substantially denominated in U.S. dollars.
The following tables provide disaggregation of net sales information by geographic area within each operating segment (in thousands):
Year Ended December 31, 2025
Vehicle
Control
Temperature
Control
Nissens AutomotiveEngineered SolutionsIntersegment salesTotal
United States $700,098 $407,745 $16,210 $149,110 $(462)$1,272,701 
Europe, excluding Poland877 102 207,030 48,841 — 256,850 
Canada38,113 16,831 364 33,320 — 88,628 
Poland35 — 70,366 6,578 — 76,979 
Mexico41,248 61 77 10,854 — 52,240 
Other foreign 5,021 1,628 11,330 25,781 — 43,760 
Total$785,392 $426,367 $305,377 $274,484 $(462)$1,791,158 
Year Ended December 31, 2024Vehicle
Control
Temperature
Control
Nissens AutomotiveEngineered SolutionsIntersegment salesTotal
United States$677,779 $360,858 $2,213 $154,960 $— $1,195,810 
Europe, excluding Poland1,091 176 31,748 49,605 — 82,620 
Canada37,683 16,707 82 31,027 — 85,499 
Poland27 — 4,077 — 4,113 
Mexico40,555 171 14 9,138 — 49,878 
Other foreign5,425 2,176 1,679 36,649 — 45,929 
Total$762,560 $380,088 $35,745 $285,456 $— $1,463,849 
Year Ended December 31, 2023Vehicle
Control
Temperature
Control
Nissens AutomotiveEngineered SolutionsIntersegment salesTotal
United States$659,570 $319,904 $— $168,878 $— $1,148,352 
Europe, excluding Poland878 — 56,647 — 57,533 
Canada36,088 17,081 — 25,689 — 78,858 
Poland38 — — 2,619 — 2,657 
Mexico36,350 49 — 6,658 — 43,057 
Other foreign5,008 712 — 22,095 — 27,815 
Total$737,932 $337,754 $— $282,586 $— $1,358,272 

About Revenue Disclosures

Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.

Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.