XML 36 R24.htm IDEA: XBRL DOCUMENT v3.24.3

Revenue Recognition (Tables)

6 Months Ended

Oct. 26, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents our disaggregation of revenue by segments:

			Three Months Ended October 26, 2024
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	9,506					$	57,289					$	8,284					$	13,046					$	4,392					$	92,517
Limited configuration			27,838						11,640						36,246						6,924						11,455						94,103
Service and other			6,095						8,278						3,541						1,508						2,289						21,711
			$	43,439					$	77,207					$	48,071					$	21,478					$	18,136					$	208,331
Timing of revenue recognition
Goods/services transferred at a point in time			$	30,728					$	15,167					$	36,523					$	7,820					$	12,919					$	103,157
Goods/services transferred over time			12,711						62,040						11,548						13,658						5,217						105,174
			$	43,439					$	77,207					$	48,071					$	21,478					$	18,136					$	208,331

			Six Months Ended October 26, 2024
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	11,768					$	151,607					$	18,918					$	27,582					$	7,006					$	216,881
Limited configuration			54,138						19,934						71,394						13,533						19,527						178,526
Service and other			11,732						14,274						5,765						2,853						4,388						39,012
			$	77,638					$	185,815					$	96,077					$	43,968					$	30,921					$	434,419
Timing of revenue recognition
Goods/services transferred at a point in time			$	60,241					$	25,917					$	71,902					$	15,381					$	22,060					$	195,501
Goods/services transferred over time			17,397						159,898						24,175						28,587						8,861						238,918
			$	77,638					$	185,815					$	96,077					$	43,968					$	30,921					$	434,419

			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

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

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

			October 26, 2024						April 27, 2024						Dollar Change						Percent Change
Contract assets			$	44,955					$	55,800					$	(10,845)					(19.4)		%
Contract liabilities - current			62,458						65,524						(3,066)						(4.7)
Contract liabilities - noncurrent			18,330						16,342						1,988						12.2

The changes in our contract assets and contract liabilities from April 27, 2024 to October 26, 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 the six months ended October 26, 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:

			October 26, 2024
Balance as of April 27, 2024			$	32,159
New contracts sold			26,007
Less: reductions for revenue recognized			(21,737)
Foreign currency translation and other			(142)
Balance as of October 26, 2024			$	36,287

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

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

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

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration