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Deferred Revenue and Other Contract Liabilities (Tables) | 9 Months Ended
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Sep. 26, 2020
Revenue Recognition and Deferred Revenue [Abstract] |
Contract with Customer, Asset and Liability | Deferred revenue and other contract liabilities consist of the following (in thousands):
| September 26, 2020 |  | December 28, 2019
Deferred revenue | $ | 31,588 |  |  | $ | 13,998 |
Accrued rebates and allowances | 11,389 |  |  | 8,436 |
Accrued customer reimbursements | 5,294 |  |  | 5,739 |
Total deferred revenue and other contract liabilities | 48,271 |  |  | 28,173 |
Less: Non-current portion of deferred revenue | (3,729) |  |  | (2,234) |
Deferred revenue and other contract liabilities - current | $ | 44,542 |  |  | $ | 25,939 |
Changes in deferred revenue were as follows (in thousands):
| Nine Months Ended September 26, 2020
Deferred revenue, beginning of the period | $ | 13,998 |
Increase from business combinations | 10,064 |
Revenue deferred during the period | 20,058 |
Recognition of revenue deferred in prior periods | (12,532) |
Deferred revenue, end of the period | $ | 31,588 |
During the three months ended March 28, 2020, the Company completed an immaterial business combination. Based on the Company’s preliminary purchase price allocation for this transaction, approximate ly $9.5 million of the purchase price was assigned to deferred revenue. During the three months ended June 27, 2020, the Company completed another immaterial business combination. Based on the Company’s preliminary purchase price allocation for this transaction, approximately $0.6 million of the purchase price was assigned to deferred revenue. The Company is still gathering additional information to finalize these preliminary estimates and expects to finalize the purchase price allocations as soon as practicable, but no later than one year from the acquisition dates. The following table summarizes the Company’s estimated Unrecognized Contract Revenue as of September 26, 2020 and the future periods within which the Company expects to recognize such revenue.
| Expected Future Revenue By Period (in thousands) |  |  |  |  |  |  |  |
| Less than 1 Year |  | Between 1-3 Years |  | Between 3-5 Years |  | More than 5 Years |  | Total
Unrecognized contract revenue | $ | 222,527 |  |  | $ | 359,136 |  |  | $ | 166,490 |  |  | $ | 34,935 |  |  | $ | 783,088 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 + Details
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