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REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 27, 2020

REVENUE RECOGNITION

Schedule of Disaggregation of revenue


		Three Months Ended								Six Months Ended
(in thousands)		June 27,			June 29,					June 27,			June 29,
Market Classification		2020			2019			% Change		2020			2019			% Change
FOB Shipping Point Revenue		$	1,241,167		$	1,220,844		1.7%		$	2,259,073		$	2,217,667		1.9%
Construction Contract Revenue			32,342			43,663		-25.9%			65,142			78,445		-17.0%
Total Gross Sales			1,273,509			1,264,507		0.7%			2,324,215			2,296,112		1.2%
Sales Allowances			(31,508)			(24,690)		27.6%			(50,152)			(41,169)		21.8%
Total Net Sales		$	1,242,001		$	1,239,817		0.2%		$	2,274,063		$	2,254,943		0.8%

Schedule of percentage-of-completion balances

The following table presents the balances of over time accounting accounts which are included in “Other current assets” and “Accrued liabilities: Other”, respectively (in thousands):


		June 27,			December 28,			June 29,
		2020			2019			2019
Cost and Earnings in Excess of Billings		$	4,377		$	4,690		$	6,309
Billings in Excess of Cost and Earnings			10,658			6,622			5,222