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Revenue (Tables)
3 Months Ended
Mar. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue Disaggregated Revenue disaggregated by the timing of transfer of the goods or services is presented in the table below:

 

 

13-Weeks Ended

 

 

 

March 30, 2024

 

 

April 1, 2023

 

Point in time

 

$

1,306,447

 

 

$

1,081,068

 

Over time

 

 

75,202

 

 

 

66,356

 

Net sales

 

$

1,381,649

 

 

$

1,147,424

 

Schedule of Deferred Revenue and Costs Changes in deferred revenue and costs during the 13-week period ended March 30, 2024 are presented below:

 

 

13-Weeks Ended
March 30, 2024

 

 

 

Deferred
 Revenue
(1)

 

 

Deferred
Costs
(2)

 

Balance, beginning of period

 

$

137,337

 

 

$

27,373

 

Deferrals in period

 

 

72,533

 

 

 

13,474

 

Recognition of deferrals in period

 

 

(75,202

)

 

 

(12,038

)

Balance, end of period

 

$

134,668

 

 

$

28,809

 

(1) Deferred revenue is comprised of both deferred revenue and noncurrent deferred revenue per the condensed consolidated balance sheets.

 

(2) Deferred costs are comprised of both deferred costs and noncurrent deferred costs per the condensed consolidated balance sheets.