Revenue Recognition | Note 4. Revenue Recognition Disaggregation of revenue In accordance with ASC 606-10-50, we disaggregate revenue from contracts with customers by the type of performance obligation and the timing of revenue recognition. We determine that disaggregating revenue in these categories achieves the disclosure objective to depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors and to enable users of financial statements to understand the relationship to each reportable segment. The following table presents our disaggregation of revenue by segments: Three Months Ended November 2, 2019 Commercial Live Events High School Park and Recreation Transportation International Total Type of performance obligation Unique configuration $ 9,007 $ 41,413 $ 5,186 $ 12,419 $ 10,542 $ 78,567 Limited configuration 26,654 11,513 24,127 7,383 13,124 82,801 Service and other 3,990 6,393 880 528 1,752 13,543 $ 39,651 $ 59,319 $ 30,193 $ 20,330 $ 25,418 $ 174,911 Timing of revenue recognition Goods/services transferred at a point in time $ 27,304 $ 13,169 $ 22,112 $ 7,521 $ 13,500 $ 83,606 Goods/services transferred over time 12,347 46,150 8,081 12,809 11,918 91,305 $ 39,651 $ 59,319 $ 30,193 $ 20,330 $ 25,418 $ 174,911 Six Months Ended November 2, 2019 Commercial Live Events High School Park and Recreation Transportation International Total Type of performance obligation Unique configuration $ 21,972 $ 87,000 $ 11,216 $ 24,316 $ 26,220 $ 170,724 Limited configuration 53,889 19,226 47,927 13,970 23,054 158,066 Service and other 7,825 12,399 1,515 1,062 3,576 26,377 $ 83,686 $ 118,625 $ 60,658 $ 39,348 $ 52,850 $ 355,167 Timing of revenue recognition Goods/services transferred at a point in time $ 55,007 $ 22,289 $ 44,711 $ 14,218 $ 23,688 $ 159,913 Goods/services transferred over time 28,679 96,336 15,947 25,130 29,162 195,254 $ 83,686 $ 118,625 $ 60,658 $ 39,348 $ 52,850 $ 355,167 Three Months Ended October 27, 2018 Commercial Live Events High School Park and Recreation Transportation International Total Type of performance obligation Unique configuration $ 11,426 $ 38,283 $ 6,671 $ 10,427 $ 10,776 $ 77,583 Limited configuration 31,385 11,467 24,381 7,195 9,851 84,279 Service and other 3,258 5,349 528 455 1,240 10,830 $ 46,069 $ 55,099 $ 31,580 $ 18,077 $ 21,867 $ 172,692 Timing of revenue recognition Goods/services transferred at a point in time $ 31,896 $ 12,558 $ 22,060 $ 7,267 $ 10,126 $ 83,907 Goods/services transferred over time 14,173 42,541 9,520 10,810 11,741 88,785 $ 46,069 $ 55,099 $ 31,580 $ 18,077 $ 21,867 $ 172,692 Six Months Ended October 27, 2018 Commercial Live Events High School Park and Recreation Transportation International Total Type of performance obligation Unique configuration $ 14,475 $ 77,204 $ 15,614 $ 20,045 $ 26,992 $ 154,330 Limited configuration 55,252 17,285 42,928 14,278 20,629 150,372 Service and other 6,911 10,082 1,158 911 3,116 22,178 $ 76,638 $ 104,571 $ 59,700 $ 35,234 $ 50,737 $ 326,880 Timing of revenue recognition Goods/services transferred at a point in time $ 56,479 $ 19,360 $ 39,058 $ 14,499 $ 21,662 $ 151,058 Goods/services transferred over time 20,159 85,211 20,642 20,735 29,075 175,822 $ 76,638 $ 104,571 $ 59,700 $ 35,234 $ 50,737 $ 326,880 See " Note 5. Segment Reporting " for a disaggregation of revenue by geography. Contract balances Contract assets represent revenue recognized in excess of amounts billed and include unbilled receivables. Unbilled receivables, which represent an unconditional right to payment subject only to the passage of time, are reclassified to accounts receivable when they are billed according to the contract terms. Contract liabilities represent amounts billed to the clients in excess of revenue recognized to date. The following table reflects the changes in our contract assets and liabilities: November 2, 2019 April 27, 2019 Dollar Change Percent Change Contract assets $ 34,395 $ 33,704 $ 691 2.1 % Contract liabilities - current 48,387 47,178 1,209 2.6 Contract liabilities - noncurrent 10,578 10,053 525 5.2 The changes in our contract assets and contract liabilities from April 27, 2019 to November 2, 2019 were due to the timing of billing schedules and revenue recognition, which can vary significantly depending on the contractual payment terms and the seasonality of the sports markets. We had no material impairments of contract assets for the six months ended November 2, 2019 . As of April 27, 2019 , we had six contracts in progress that were identified as loss contracts, for which we recorded a provision for losses of $2,353 and two remaining contracts with loss estimates of $360 as of November 2, 2019 . These were included in the "Accrued expenses" line item in our condensed consolidated balance sheets. During the six months ended November 2, 2019 , we recognized revenue of $39,352 related to our contract liabilities as of April 27, 2019 . Remaining performance obligations As of November 2, 2019 , the aggregate amount of the transaction price allocated to the remaining performance obligations was $239,902 . We expect approximately $202,745 of our remaining performance obligations to be recognized over the next 12 months with the remainder recognized thereafter. Remaining performance obligations related to product and service agreements are $182,050 and $57,852 , respectively. Although remaining performance obligations reflect business that is considered to be legally binding, cancellations, deferrals or scope adjustments may occur. Any known project cancellations, revisions to project scope and cost, foreign currency exchange fluctuations and project deferrals are reflected or excluded in the remaining performance obligation balance, as appropriate. |