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Revenue Recognition (Tables)

6 Months Ended

Oct. 28, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents our disaggregation of revenue by segments:

			Three Months Ended October 28, 2023
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	9,511					$	47,496					$	11,539					$	11,047					$	9,993					$	89,586
Limited configuration			28,752						13,771						36,277						8,469						7,302						94,571
Service and other			4,190						6,943						1,126						727						2,226						15,212
			$	42,453					$	68,210					$	48,942					$	20,243					$	19,521					$	199,369
Timing of revenue recognition
Goods/services transferred at a point in time			$	29,379					$	15,390					$	34,722					$	8,592					$	7,919					$	96,002
Goods/services transferred over time			13,074						52,820						14,220						11,651						11,602						103,367
			$	42,453					$	68,210					$	48,942					$	20,243					$	19,521					$	199,369

			Six Months Ended October 28, 2023
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	22,429					$	124,043					$	26,658					$	23,631					$	18,783					$	215,544
Limited configuration			58,665						23,732						76,614						16,536						12,541						188,088
Service and other			8,242						12,434						1,904						1,445						4,243						28,268
			$	89,336					$	160,209					$	105,176					$	41,612					$	35,567					$	431,900
Timing of revenue recognition
Goods/services transferred at a point in time			$	60,397					$	26,167					$	73,803					$	16,859					$	13,762					$	190,988
Goods/services transferred over time			28,939						134,042						31,373						24,753						21,805						240,912
			$	89,336					$	160,209					$	105,176					$	41,612					$	35,567					$	431,900

			Three Months Ended October 29, 2022
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	5,582					$	52,862					$	7,856					$	11,398					$	6,123					$	83,821
Limited configuration			26,768						9,675						32,975						4,542						14,285						88,245
Service and other			4,697						6,702						1,175						739						2,060						15,373
			$	37,047					$	69,239					$	42,006					$	16,679					$	22,468					$	187,439
Timing of revenue recognition
Goods/services transferred at a point in time			$	28,078					$	11,682					$	31,129					$	4,749					$	15,019					$	90,657
Goods/services transferred over time			8,969						57,557						10,877						11,930						7,449						96,782
			$	37,047					$	69,239					$	42,006					$	16,679					$	22,468					$	187,439

			Six Months Ended October 29, 2022
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	10,269					$	95,030					$	14,448					$	23,884					$	12,624					$	156,255
Limited configuration			58,544						18,155						61,258						10,641						25,786						174,384
Service and other			8,352						12,437						2,109						1,694						4,128						28,720
			$	77,165					$	125,622					$	77,815					$	36,219					$	42,538					$	359,359
Timing of revenue recognition
Goods/services transferred at a point in time			$	60,635					$	20,904					$	58,219					$	11,131					$	26,895					$	177,784
Goods/services transferred over time			16,530						104,718						19,596						25,088						15,643						181,575
			$	77,165					$	125,622					$	77,815					$	36,219					$	42,538					$	359,359

Contract with Customer, Contract Asset, Contract Liability, and Receivable

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

			October 28, 2023						April 29, 2023						Dollar Change						Percent Change
Contract assets			$	45,210					$	46,789					$	(1,579)					(3.4)		%
Contract liabilities - current			78,293						91,549						(13,256)						(14.5)
Contract liabilities - noncurrent			15,390						13,096						2,294						17.5

The changes in our contract assets and contract liabilities from April 29, 2023 to October 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 six months ended October 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:

			October 28, 2023
Balance as of April 29, 2023			$	28,338
New contracts sold			27,921
Less: reductions for revenue recognized			(21,802)
Foreign currency translation and other			(457)
Balance as of October 28, 2023			$	34,000

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

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- References

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