XML 45 R28.htm IDEA: XBRL DOCUMENT
v3.20.2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables) | 6 Months Ended
--- | ---
Jun. 27, 2020
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following tables disaggregate the Company’s revenue by major business line and timing of transfer of products or services:
| Three Months Ended |  |  |  | Six Months Ended |  |
| June 27, 2020 |  | June 29, 2019 |  | June 27, 2020 |  | June 29, 2019
| (in thousands) |  |  |  |  |  |
Major Products/Service Lines: |  |  |  |  |  |  |
RMS | $ | 116,549 |  |  | $ | 136,054 |  |  | $ | 262,545 |  |  | $ | 273,226 |
DSA | 442,564 |  |  | 405,517 |  |  | 881,247 |  |  | 759,714 |
Manufacturing | 123,471 |  |  | 115,997 |  |  | 245,851 |  |  | 229,197 |
Total revenue | $ | 682,584 |  |  | $ | 657,568 |  |  | $ | 1,389,643 |  |  | $ | 1,262,137 |
| Three Months Ended |  |  |  | Six Months Ended |  |
| June 27, 2020 |  | June 29, 2019 |  | June 27, 2020 |  | June 29, 2019
| (in thousands) |  |  |  |  |  |
Timing of Revenue Recognition: |  |  |  |  |  |  |
RMS |  |  |  |  |  |  |
Services and products transferred over time | $ | 57,357 |  |  | $ | 57,321 |  |  | $ | 117,398 |  |  | $ | 112,134 |
Services and products transferred at a point in time | 59,192 |  |  | 78,733 |  |  | 145,147 |  |  | 161,092 |
DSA |  |  |  |  |  |  |
Services and products transferred over time | 442,447 |  |  | 405,351 |  |  | 881,011 |  |  | 759,429 |
Services and products transferred at a point in time | 117 |  |  | 166 |  |  | 236 |  |  | 285 |
Manufacturing |  |  |  |  |  |  |
Services and products transferred over time | 41,317 |  |  | 34,470 |  |  | 78,631 |  |  | 66,366 |
Services and products transferred at a point in time | 82,154 |  |  | 81,527 |  |  | 167,220 |  |  | 162,831 |
Total revenue | $ | 682,584 |  |  | $ | 657,568 |  |  | $ | 1,389,643 |  |  | $ | 1,262,137 |
Revenue for each significant product or service offering is as follows:
| Three Months Ended |  |  |  | Six Months Ended |  |
| June 27, 2020 |  | June 29, 2019 |  | June 27, 2020 |  | June 29, 2019
| (in thousands) |  |  |  |  |  |
RMS | $ | 116,549 |  |  | $ | 136,054 |  |  | $ | 262,545 |  |  | $ | 273,226 |
DSA | 442,564 |  |  | 405,517 |  |  | 881,247 |  |  | 759,714 |
Manufacturing | 123,471 |  |  | 115,997 |  |  | 245,851 |  |  | 229,197 |
Total revenue | $ | 682,584 |  |  | $ | 657,568 |  |  | $ | 1,389,643 |  |  | $ | 1,262,137 |
Revenue by geographic area is as follows:
| U.S. |  | Europe |  | Canada |  | Asia Pacific |  | Other |  | Consolidated
| (in thousands) |  |  |  |  |  |  |  |  |  |
Three Months Ended: |  |  |  |  |  |  |  |  |  |  |
June 27, 2020 | $ | 382,918 |  |  | $ | 190,935 |  |  | $ | 71,543 |  |  | $ | 35,965 |  |  | $ | 1,223 |  |  | $ | 682,584 |
June 29, 2019 | 367,924 |  |  | 182,770 |  |  | 68,902 |  |  | 36,213 |  |  | 1,759 |  |  | 657,568 |
Six Months Ended: |  |  |  |  |  |  |  |  |  |  |
June 27, 2020 | $ | 789,630 |  |  | $ | 381,197 |  |  | $ | 148,176 |  |  | $ | 67,794 |  |  | $ | 2,846 |  |  | $ | 1,389,643 |
June 29, 2019 | 718,100 |  |  | 349,135 |  |  | 122,881 |  |  | 69,392 |  |  | 2,629 |  |  | 1,262,137 |
Schedule of Estimated Revenue Related to Performance Obligations | Th e following table inclu des estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially satisfied) as of June 27, 2020:
| Revenue Expected to be Recognized in Future Periods |  |  |  |  |  |  |  |
| Less than 1 Year |  | 1 to 3 Years |  | 4 to 5 Years |  | Beyond 5 Years |  | Total
| (in thousands) |  |  |  |  |  |  |  |
DSA | $ | 255,160 |  |  | $ | 121,350 |  |  | $ | 5,195 |  |  | $ | 654 |  |  | $ | 382,359 |
Manufacturing | 11,585 |  |  | 6,627 |  |  | 32 |  |  | 19 |  |  | 18,263 |
Total | $ | 266,745 |  |  | $ | 127,977 |  |  | $ | 5,227 |  |  | $ | 673 |  |  | $ | 400,622 |
Schedule of Client Receivables, Contract Assets and Contract Liabilities | The following table provides information about client receivables, contract assets, and contract liabilities from contracts with customers:
| June 27, 2020 |  | December 28, 2019
| (in thousands) |  |
Balances from contracts with customers: |  |  |
Client receivables | $ | 403,351 |  |  | $ | 395,740 |
Contract assets (unbilled revenue) | 133,393 |  |  | 121,957 |
Contract liabilities (current and long-term deferred revenue) | 186,198 |  |  | 192,788 |
Contract liabilities (customer contract deposits) | 41,165 |  |  | 33,080 |

X
- 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
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration