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 February 1, 2020
	Commercial		Live Events		High School Park and Recreation		Transportation		International		Total
Type of performance obligation
Unique configuration	$	7,209	$	27,459	$	1,511	$	7,857	$	9,195	$	53,231
Limited configuration	26,304		6,436		12,422		5,580		10,609		61,351
Service and other	3,367		6,676		842		479		1,711		13,075
	$	36,880	$	40,571	$	14,775	$	13,916	$	21,515	$	127,657
Timing of revenue recognition
Goods/services transferred at a point in time	$	26,555	$	8,614	$	11,080	$	5,683	$	11,008	$	62,940
Goods/services transferred over time	10,325		31,957		3,695		8,233		10,507		64,717
	$	36,880	$	40,571	$	14,775	$	13,916	$	21,515	$	127,657

	Nine Months Ended February 1, 2020
	Commercial		Live Events		High School Park and Recreation		Transportation		International		Total
Type of performance obligation
Unique configuration	$	29,181	$	114,459	$	12,727	$	32,173	$	35,415	$	223,955
Limited configuration	80,193		25,662		60,349		19,550		33,663		219,417
Service and other	11,192		19,075		2,357		1,541		5,287		39,452
	$	120,566	$	159,196	$	75,433	$	53,264	$	74,365	$	482,824
Timing of revenue recognition
Goods/services transferred at a point in time	$	81,562	$	30,903	$	55,791	$	19,901	$	34,696	$	222,853
Goods/services transferred over time	39,004		128,293		19,642		33,363		39,669		259,971
	$	120,566	$	159,196	$	75,433	$	53,264	$	74,365	$	482,824



	Three Months Ended January 26, 2019
	Commercial		Live Events		High School Park and Recreation		Transportation		International		Total
Type of performance obligation
Unique configuration	$	5,942	$	18,491	$	3,053	$	10,095	$	6,798	$	44,379
Limited configuration	27,353		5,958		11,036		4,692		8,649		57,688
Service and other	3,864		5,546		709		603		2,280		13,002
	$	37,159	$	29,995	$	14,798	$	15,390	$	17,727	$	115,069
Timing of revenue recognition
Goods/services transferred at a point in time	$	28,105	$	7,436	$	9,874	$	4,911	$	9,702	$	60,028
Goods/services transferred over time	9,054		22,559		4,924		10,479		8,025		55,041
	$	37,159	$	29,995	$	14,798	$	15,390	$	17,727	$	115,069

	Nine Months Ended January 26, 2019
	Commercial		Live Events		High School Park and Recreation		Transportation		International		Total
Type of performance obligation
Unique configuration	$	20,417	$	95,695	$	18,667	$	30,140	$	33,790	$	198,709
Limited configuration	82,605		23,243		53,964		18,970		29,278		208,060
Service and other	10,775		15,628		1,867		1,514		5,396		35,180
	$	113,797	$	134,566	$	74,498	$	50,624	$	68,464	$	441,949
Timing of revenue recognition
Goods/services transferred at a point in time	$	84,584	$	26,796	$	48,932	$	19,410	$	31,364	$	211,086
Goods/services transferred over time	29,213		107,770		25,566		31,214		37,100		230,863
	$	113,797	$	134,566	$	74,498	$	50,624	$	68,464	$	441,949

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 according to 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:



	February 1, 2020		April 27, 2019		Dollar Change		Percent Change
Contract assets	$	35,242	$	33,704	$	1,538	4.6	%
Contract liabilities - current	49,870		47,178		2,692		5.7
Contract liabilities - noncurrent	10,676		10,053		623		6.2

The changes in our contract assets and contract liabilities from April 27, 2019 to February 1, 2020 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 nine months ended February 1, 2020.

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 two remaining contracts with loss estimates of $44 as of February 1, 2020. These were included in the "Accrued expenses" line item in our condensed consolidated balance sheets.

During the nine months ended February 1, 2020, we recognized revenue of $43,394 related to our contract liabilities as of April 27, 2019.

Remaining performance obligations

As of February 1, 2020, the aggregate amount of the transaction price allocated to the remaining performance obligations was $247,332. We expect approximately $209,949 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 $187,423 and $59,909, 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.