XML 49 R31.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Revenue Recognition (Tables)
 12 Months Ended
Apr. 27, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table presents our disaggregation of revenue by segments:
Fiscal Year 2024
CommercialLive EventsHigh School Park and
Recreation		TransportationInternationalTotal
Type of performance obligation
Unique configuration$32,914 $269,184 $38,819 $52,142 $29,562 $422,621 
Limited configuration109,458 41,805 124,113 27,913 24,164 327,453 
Service and other19,254 27,519 7,417 5,335 8,484 68,009 
$161,626 $338,508 $170,349 $85,390 $62,210 $818,083 
Timing of revenue recognition
Goods/services transferred at a point in time$115,836 $48,899 $121,175 $30,866 $27,049 $343,825 
Goods/services transferred over time45,790 289,609 49,174 54,524 35,161 474,258 
$161,626 $338,508 $170,349 $85,390 $62,210 $818,083 
Fiscal Year 2023
CommercialLive EventsHigh School Park and
Recreation		TransportationInternationalTotal
Type of performance obligation
Unique configuration$25,821 $223,560 $22,730 $45,286 $33,623 $351,020 
Limited configuration128,346 36,259 114,951 23,946 43,007 346,509 
Service and other16,423 25,081 4,067 3,074 8,022 56,667 
$170,590 $284,900 $141,748 $72,306 $84,652 $754,196 
Timing of revenue recognition
Goods/services transferred at a point in time$132,728 $43,761 $109,323 $24,950 $45,687 $356,449 
Goods/services transferred over time37,862 241,139 32,425 47,356 38,965 397,747 
$170,590 $284,900 $141,748 $72,306 $84,652 $754,196 
Fiscal Year 2022
CommercialLive EventsHigh School Park and
Recreation		TransportationInternationalTotal
Type of performance obligation
Unique configuration$20,849 $144,095 $20,175 $38,843 $32,658 $256,620 
Limited configuration118,308 30,181 88,162 21,370 43,029 301,050 
Service and other15,054 24,830 3,479 2,494 7,443 53,300 
$154,211 $199,106 $111,816 $62,707 $83,130 $610,970 
Timing of revenue recognition
Goods/services transferred at a point in time$120,776 $37,229 $82,678 $22,088 $45,036 $307,807 
Goods/services transferred over time33,435 161,877 29,138 40,619 38,094 303,163 
$154,211 $199,106 $111,816 $62,707 $83,130 $610,970 
Contract with Customer, Contract Asset, Contract Liability, and Receivable
The following table reflects the changes in our contract assets and liabilities:
April 27, 2024April 29, 2023Dollar ChangePercent Change
Contract assets$55,800 $46,789 $9,011 19.3 %
Contract liabilities - current65,524 91,549 (26,025)(28.4)
Contract liabilities - non-current16,342 13,096 3,246 24.8 
The changes in our contract assets and contract liabilities from April 29, 2023 to April 27, 2024 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 significant impairments of contract assets for fiscal 2024, and we had no impairments of contract assets for fiscal 2023 and 2022.
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" line items of our consolidated balance sheets. Changes in unearned service-type warranty contracts, net were as follows:
April 27, 2024April 29, 2023
Balance at beginning of year$28,338 $26,346 
New contracts sold49,099 44,216 
Less: reductions for revenue recognized(43,520)(42,132)
Foreign currency translation and other(1,758)(92)
Balance at end of year$32,159 $28,338