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Revenue From Contracts With Customers
6 Months Ended
Jul. 01, 2022
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregated Revenue
In general, the Company’s business segmentation is aligned according to the nature and economic characteristics of its products and customer relationships and provides meaningful disaggregation of each business segment’s results of operations. For a summary by disaggregated product line sales for each segment, refer to Note 14, “Segment Information.”
Revenue recognized from products and services transferred to customers over time represented 32% and 31%, respectively, for the three and six months ended July 1, 2022, compared to 34% for the three and six months ended July 2, 2021. Substantially all of the revenue recognized from products and services transferred to customers over time during the periods presented was within the Medical segment.
The following tables present revenues by significant customers, which are defined as any customer who individually represents 10% or more of a segment’s total revenues.
Three Months Ended
July 1, 2022July 2, 2021
CustomerMedicalNon-Medical MedicalNon-Medical
Customer A18%*20%*
Customer B17%*17%*
Customer C14%*14%*
Customer D*42%*36%
All other customers51%58%49%64%

Six Months Ended
July 1, 2022July 2, 2021
CustomerMedicalNon-MedicalMedicalNon-Medical
Customer A18%*21%*
Customer B17%*17%*
Customer C14%*14%*
Customer D*37%*32%
All other customers51%63%48%68%
__________
* Less than 10% of segment’s total revenues for the period.
(15.)    REVENUE FROM CONTRACTS WITH CUSTOMERS (Continued)
The following tables present revenues by significant ship to location, which is defined as any country where 10% or more of a segment’s total revenues are shipped.
Three Months Ended
July 1, 2022July 2, 2021
Ship to LocationMedicalNon-Medical MedicalNon-Medical
United States52%71%53%70%
Puerto Rico**10%*
All other countries48%29%37%30%
Six Months Ended
July 1, 2022July 2, 2021
Ship to LocationMedicalNon-MedicalMedicalNon-Medical
United States51%67%53%69%
Puerto Rico**10%*
All other countries49%33%37%31%
__________
* Less than 10% of segment’s total revenues for the period.

Contract Balances
The opening and closing balances of the Company’s contract assets and contract liabilities are as follows (in thousands):
July 1,
2022
December 31,
2021
Contract assets$70,408 $64,743 
Contract liabilities8,718 3,776 
During the three and six months ended July 1, 2022, the Company recognized $0.8 million and $1.7 million, respectively, of revenue that was included in the contract liability balance as of December 31, 2021. During the three and six months ended July 2, 2021, the Company recognized $0.2 million and $1.1 million, respectively, of revenue that was included in the contract liability balance as of December 31, 2020.