Note 4. Revenue Recognition

Disaggregation of revenue

In accordance with ASC 606-10-50, we disaggregate revenue from contracts with customers by the type of performance obligation and the timing of revenue recognition. We determine that disaggregating revenue in these categories achieves the disclosure objective to depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors and to enable users of financial statements to understand the relationship to each reportable segment.

The following table presents our disaggregation of revenue by segments:



	Three Months Ended August 3, 2019
	Commercial		Live Events		High School Park and Recreation		Transportation		International		Total
Type of performance obligation
Unique configuration	$	12,965	$	45,587	$	6,030	$	11,897	$	15,678	$	92,157
Limited configuration	27,235		7,713		23,800		6,587		9,930		75,265
Service and other	3,835		6,006		635		534		1,824		12,834
	$	44,035	$	59,306	$	30,465	$	19,018	$	27,432	$	180,256
Timing of revenue recognition
Goods/services transferred at a point in time	$	27,703	$	9,120	$	22,599	$	6,697	$	10,188	$	76,307
Goods/services transferred over time	16,332		50,186		7,866		12,321		17,244		103,949
	$	44,035	$	59,306	$	30,465	$	19,018	$	27,432	$	180,256



	Three Months Ended July 28, 2018
	Commercial		Live Events		High School Park and Recreation		Transportation		International		Total
Type of performance obligation
Unique configuration	$	3,049	$	38,921	$	8,943	$	9,618	$	16,216	$	76,747
Limited configuration	23,867		5,818		18,547		7,083		10,778		66,093
Service and other	3,653		4,733		630		456		1,876		11,348
	$	30,569	$	49,472	$	28,120	$	17,157	$	28,870	$	154,188
Timing of revenue recognition
Goods/services transferred at a point in time	$	24,583	$	6,802	$	16,998	$	7,232	$	11,536	$	67,151
Goods/services transferred over time	5,986		42,670		11,122		9,925		17,334		87,037
	$	30,569	$	49,472	$	28,120	$	17,157	$	28,870	$	154,188

See "Note 5. Segment Reporting" for a disaggregation of revenue by geography.

Contract balances

Contract assets represent revenue recognized in excess of amounts billed and include unbilled receivables. Unbilled receivables, which represent an unconditional right to payment subject only to the passage of time, are reclassified to accounts receivable when they are billed under the contract terms. Contract liabilities represent amounts billed to the clients in excess of revenue recognized to date.

The following table reflects the changes in our contract assets and liabilities:



	August 3, 2019		April 27, 2019		Dollar Change		Percent Change
Contract assets	$	42,809	$	33,704	$	9,105	27.0	%
Contract liabilities - current	53,421		47,178		6,243		13.2
Contract liabilities - noncurrent	10,140		10,053		87		0.9

The changes in our contract assets and contract liabilities from April 27, 2019 to August 3, 2019 were due to the timing of billing schedules and revenue recognition, which can vary significantly depending on the contractual payment terms and the seasonality of the sports markets. We had no material impairments of contract assets for the three months ended August 3, 2019.

As of April 27, 2019, we had six contracts in progress that were identified as loss contracts, for which we recorded a provision for losses of $2,353 and had four remaining contracts with loss estimates of $531 as of August 3, 2019. These were included in the "Accrued expenses" line item in our condensed consolidated balance sheets.

During the three months ended August 3, 2019, we recognized revenue of $31,259 related to our contract liabilities as of April 27, 2019.

Remaining performance obligations

As of August 3, 2019, the aggregate amount of the transaction price allocated to the remaining performance obligations was $263,406. We expect approximately $226,999 of our remaining performance obligations to be recognized over the next 12 months with the remainder recognized thereafter. Remaining performance obligations related to product and service agreements are $206,990 and $56,416, respectively. Although remaining performance obligations reflect business that is considered to be legally binding, cancellations, deferrals or scope adjustments may occur. Any known project cancellations, revisions to project scope and cost, foreign currency exchange fluctuations and project deferrals are reflected or excluded in the remaining performance obligation balance, as appropriate.