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Revenue Recognition (Tables)

9 Months Ended

Jan. 27, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents our disaggregation of revenue by segments:

			Three Months Ended January 27, 2024
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	5,802					$	57,229					$	5,021					$	12,116					$	6,508					$	86,676
Limited configuration			22,157						8,395						20,900						5,646						6,702						63,800
Service and other			5,333						7,769						2,843						1,843						2,039						19,827
			$	33,292					$	73,393					$	28,764					$	19,605					$	15,249					$	170,303
Timing of revenue recognition
Goods/services transferred at a point in time			$	24,361					$	11,006					$	20,819					$	6,874					$	7,473					$	70,533
Goods/services transferred over time			8,931						62,387						7,945						12,731						7,776						99,770
			$	33,292					$	73,393					$	28,764					$	19,605					$	15,249					$	170,303

			Nine Months Ended January 27, 2024
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	28,231					$	181,272					$	31,679					$	35,747					$	25,291					$	302,220
Limited configuration			80,822						32,127						97,514						22,182						19,243						251,888
Service and other			13,575						20,203						4,747						3,288						6,282						48,095
			$	122,628					$	233,602					$	133,940					$	61,217					$	50,816					$	602,203
Timing of revenue recognition
Goods/services transferred at a point in time			$	84,758					$	37,173					$	94,622					$	23,733					$	21,235					$	261,521
Goods/services transferred over time			37,870						196,429						39,318						37,484						29,581						340,682
			$	122,628					$	233,602					$	133,940					$	61,217					$	50,816					$	602,203

			Three Months Ended January 28, 2023
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	9,929					$	53,437					$	3,380					$	11,446					$	8,138					$	86,330
Limited configuration			35,864						7,858						23,865						5,328						11,040						83,955
Service and other			4,174						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 time			13,221						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
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	20,198					$	148,467					$	17,828					$	35,330					$	20,762					$	242,585
Limited configuration			94,408						26,013						85,123						15,969						36,826						258,339
Service and other			12,526						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 time			29,751						162,341						25,192						37,095						25,152						279,531
			$	127,132					$	193,370					$	106,127					$	53,797					$	63,908					$	544,334

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

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

			January 27, 2024						April 29, 2023						Dollar Change						Percent Change
Contract assets			$	47,857					$	46,789					$	1,068					2.3		%
Contract liabilities - current			68,936						91,549						(22,613)						(24.7)
Contract liabilities - noncurrent			16,347						13,096						3,251						24.8

The changes in our contract assets and contract liabilities from April 29, 2023 to January 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 immaterial impairments of contract assets for the nine months ended January 27, 2024.

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 Condensed Consolidated Balance Sheets. Changes in unearned service-type warranty contracts, net were as follows:

			January 27, 2024
Balance as of April 29, 2023			$	28,338
New contracts sold			38,943
Less: reductions for revenue recognized			(31,748)
Foreign currency translation and other			(2,651)
Balance as of January 27, 2024			$	32,882

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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