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Revenue | 3 Months Ended
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Apr. 02, 2022
Revenue from Contract with Customer [Abstract] |
Revenue | Revenue On April 2, 2022, we had $475.1 million of remaining performance obligations, which we refer to as total backlog. We expect to recognize approximately $364.3 million of our remaining performance obligations as revenue in the remainder of 2022. We recognized $6.0 million and $8.3 million during the three months ended April 2, 2022 and April 3, 2021, respectively, in revenues that were included in the contract liability balance at the beginning of the period. The Company's contract assets and contract liabilities consist primarily of costs and profits in excess of billings and billings in excess of cost and profits, respectively. The following table presents the beginning and ending balances of contract assets and contract liabilities during the three months ended April 2, 2022:
(In thousands) |  | Contract Assets |  | Contract Liabilities
Beginning Balance, January 1, 2022 |  | $ | 25,941 |  |  | $ | 28,495 |
Ending Balance, April 2, 2022 |  | $ | 29,841 |  |  | $ | 28,214 |
The following table presents our revenue disaggregated by Market Segments as follows:
|  |  |  | Three Months Ended
(In thousands) |  |  |  |  |  | April 2, 2022 |  | April 3, 2021
Aerospace Segment |  |  |  |  |  |  |  |
Commercial Transport |  |  |  |  |  | $ | 64,089 |  |  | $ | 38,208 |
Military |  |  |  |  |  | 14,976 |  |  | 20,982 |
Business Jet |  |  |  |  |  | 15,867 |  |  | 14,028 |
Other |  |  |  |  |  | 6,462 |  |  | 8,198 |
Aerospace Total |  |  |  |  |  | 101,394 |  |  | 81,416 |
Test Systems Segment |  |  |  |  |  |  |  |
Aerospace & Defense |  |  |  |  |  | 14,782 |  |  | 24,441 |
Test Systems Total |  |  |  |  |  | 14,782 |  |  | 24,441 |
Total |  |  |  |  |  | $ | 116,176 |  |  | $ | 105,857 |
The following table presents our revenue disaggregated by Product Lines as follows:
|  |  |  | Three Months Ended
(In thousands) |  |  |  |  |  | April 2, 2022 |  | April 3, 2021
Aerospace Segment |  |  |  |  |  |  |  |
Electrical Power & Motion |  |  |  |  |  | $ | 44,467 |  |  | $ | 29,344 |
Lighting & Safety |  |  |  |  |  | 29,211 |  |  | 27,100 |
Avionics |  |  |  |  |  | 18,875 |  |  | 14,843 |
Systems Certification |  |  |  |  |  | 1,002 |  |  | 878 |
Structures |  |  |  |  |  | 1,377 |  |  | 1,053 |
Other |  |  |  |  |  | 6,462 |  |  | 8,198 |
Aerospace Total |  |  |  |  |  | 101,394 |  |  | 81,416 |
Test Systems |  |  |  |  |  | 14,782 |  |  | 24,441 |
Total |  |  |  |  |  | $ | 116,176 |  |  | $ | 105,857 |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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