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REVENUE RECOGNITION (Tables)
3 Months Ended
Mar. 26, 2022
REVENUE RECOGNITION  
Schedule of Disaggregation of revenue

The following table presents our net sales disaggregated by revenue source (in thousands):

Three Months Ended

    

March 26,

    

March 27,

    

2022

2021

% Change

Point in Time Revenue

$

2,450,281

$

1,797,399

 

36.3%

Over Time Revenue

 

39,032

27,605

 

41.4%

Total Net Sales

 

2,489,313

1,825,004

 

36.4%

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):

March 26,

December 25,

March 27,

    

2022

    

2021

    

2021

    

Cost and Earnings in Excess of Billings

$

6,759

    

$

5,602

    

$

3,408

    

Billings in Excess of Cost and Earnings

 

12,634

 

10,744

 

 

9,396