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REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table disaggregates the Company’s revenue by major business line and timing of transfer of products or services:
Three Months EndedNine Months Ended
September 30, 2023September 24, 2022September 30, 2023September 24, 2022
(in thousands)
Timing of Revenue Recognition:
RMS
Services and products transferred over time$94,883 $88,174 $282,980 $243,901 
Services and products transferred at a point in time91,965 91,940 313,582 299,165 
Total RMS revenue186,848 180,114 596,562 543,066 
DSA
Services and products transferred over time663,128 618,270 1,987,617 1,749,977 
Services and products transferred at a point in time900 1,193 2,221 5,662 
Total DSA revenue664,028 619,463 1,989,838 1,755,639 
Manufacturing
Services and products transferred over time94,446 89,173 280,992 276,993 
Services and products transferred at a point in time81,301 100,407 248,541 300,519 
Total Manufacturing revenue175,747 189,580 529,533 577,512 
Total revenue$1,026,623 $989,157 $3,115,933 $2,876,217 
Revenue by geographic area is as follows:
U.S.EuropeCanadaAsia PacificOtherConsolidated
(in thousands)
Three Months Ended:
September 30, 2023$590,316 $264,787 $129,023 $40,233 $2,264 $1,026,623 
September 24, 2022595,265 245,928 101,601 43,803 2,560 989,157 
Nine Months Ended:
September 30, 2023$1,802,532 $805,466 $357,276 $142,910 $7,749 $3,115,933 
September 24, 20221,688,731 760,599 280,541 138,988 7,358 2,876,217 
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:
September 30, 2023December 31, 2022
(in thousands)
Assets from contracts with customers
Client receivables$591,979 $559,410 
Unbilled revenue228,518 204,258 
Total820,497 763,668 
Less: Allowance for credit losses(21,187)(11,278)
Trade receivables and contract assets, net$799,310 $752,390 
Liabilities from contracts with customers
Current deferred revenue$250,485 $264,259 
Long-term deferred revenue (included in Other long-term liabilities)29,391 25,795 
Customer contract deposits (included in Other current liabilities)69,847 91,640 
The associated revenue is recognized on a straight-line basis over the term of the lease, which is generally less than one year.
Three Months EndedNine Months Ended
September 30, 2023September 24, 2022September 30, 2023September 24, 2022
(in thousands)Affected Line Item in the Unaudited Condensed Consolidated Statements of Income
Lease revenue$22,254 $15,790 $70,235 $37,558 Service revenue