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Revenue Recognition
 9 Months Ended
Jan. 28, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of revenue
The following table presents our disaggregation of revenue by segments:
Three Months Ended January 28, 2023
CommercialLive Events
High School
Park and Recreation
TransportationInternationalTotal
Type of performance obligation
Unique configuration$9,929 $53,437 $3,380 $11,446 $8,138 $86,330 
Limited configuration35,864 7,858 23,865 5,328 11,040 83,955 
Service and other4,174 6,453 1,067 804 2,192 14,690 
$49,967 $67,748 $28,312 $17,578 $21,370 $184,975 
Timing of revenue recognition
Goods/services transferred at a point in time$36,746 $10,125 $22,716 $5,571 $11,861 $87,019 
Goods/services transferred over time13,221 57,623 5,596 12,007 9,509 97,956 
$49,967 $67,748 $28,312 $17,578 $21,370 $184,975 
Nine Months Ended January 28, 2023
CommercialLive Events
High School
Park and Recreation
TransportationInternationalTotal
Type of performance obligation
Unique configuration$20,198 $148,467 $17,828 $35,330 $20,762 $242,585 
Limited configuration94,408 26,013 85,123 15,969 36,826 258,339 
Service and other12,526 18,890 3,176 2,498 6,320 43,410 
$127,132 $193,370 $106,127 $53,797 $63,908 $544,334 
Timing of revenue recognition
Goods/services transferred at a point in time$97,381 $31,029 $80,935 $16,702 $38,756 $264,803 
Goods/services transferred over time29,751 162,341 25,192 37,095 25,152 279,531 
$127,132 $193,370 $106,127 $53,797 $63,908 $544,334 
Three Months Ended January 29, 2022
CommercialLive Events
High School
Park and Recreation
TransportationInternationalTotal
Type of performance obligation
Unique configuration$4,112 $25,950 $4,167 $9,803 $8,606 $52,638 
Limited configuration32,081 6,843 18,717 5,269 10,453 73,363 
Service and other3,902 6,264 837 751 1,803 13,557 
$40,095 $39,057 $23,721 $15,823 $20,862 $139,558 
Timing of revenue recognition
Goods/services transferred at a point in time$32,829 $8,540 $17,351 $5,576 $10,967 $75,263 
Goods/services transferred over time7,266 30,517 6,370 10,247 9,895 64,295 
$40,095 $39,057 $23,721 $15,823 $20,862 $139,558 
Nine Months Ended January 29, 2022
CommercialLive Events
High School
Park and Recreation
TransportationInternationalTotal
Type of performance obligation
Unique configuration$12,258 $110,986 $15,241 $25,320 $26,051 $189,856 
Limited configuration83,965 21,510 66,590 15,173 32,464 219,702 
Service and other11,116 18,344 2,531 1,941 5,277 39,209 
$107,339 $150,840 $84,362 $42,434 $63,792 $448,767 
Timing of revenue recognition
Goods/services transferred at a point in time$85,570 $26,877 $62,407 $15,781 $33,801 $224,436 
Goods/services transferred over time21,769 123,963 21,955 26,653 29,991 224,331 
$107,339 $150,840 $84,362 $42,434 $63,792 $448,767 
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 customers in excess of revenue recognized to date.
The following table reflects the changes in our contract assets and liabilities:
January 28,
2023		April 30,
2022		Dollar
Change		Percent
Change
Contract assets$36,098 $41,687 $(5,589)(13.4)%
Contract liabilities - current97,703 90,393 7,310 8.1 
Contract liabilities - noncurrent12,674 10,998 1,676 15.2 
The changes in our contract assets and contract liabilities from April 30, 2022 to January 28, 2023 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 impairments of contract assets for the nine months ended January 28, 2023.
For service-type warranty contracts, we allocate revenue to this performance obligation, recognize the revenue over time, and recognize costs as incurred. Earned and unearned revenues for these contracts are included in the "Contract assets" and "Contract liabilities". Changes in unearned service-type warranty contracts, net were as follows:
January 28,
2023
Balance as of April 30, 2022$26,346 
New contracts sold35,319 
Less: reductions for revenue recognized(32,406)
Foreign currency translation and other(128)
Balance as of January 28, 2023$29,131 
Contracts in progress identified as loss contracts as of January 28, 2023 and as of April 30, 2022 were immaterial. Loss provisions are recorded in the "Accrued expenses" line item in our condensed consolidated balance sheets.
During the nine months ended January 28, 2023, we recognized revenue of $81,966 related to our contract liabilities as of April 30, 2022.
Remaining performance obligations
As of January 28, 2023, the aggregate amount of the transaction price allocated to the remaining performance obligations was $491,345. Remaining performance obligations related to product and service agreements at January 28, 2023 were $429,097 and $62,248, respectively. We expect approximately $430,602 of our remaining performance obligations to be recognized over the next 12 months, with the remainder recognized thereafter. 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.