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Revenue Recognition (Tables)

9 Months Ended

Jan. 25, 2025

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table presents our disaggregation of revenue by segments:

			Three Months Ended January 25, 2025
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	7,361					$	29,934					$	5,970					$	11,228					$	7,494					$	61,987
Limited configuration			24,997						8,227						20,534						5,974						7,909						67,641
Service and other			5,618						7,911						2,863						1,587						1,900						19,879
			$	37,976					$	46,072					$	29,367					$	18,789					$	17,303					$	149,507
Timing of revenue recognition
Goods/services transferred at a point in time			$	27,229					$	11,184					$	20,384					$	6,921					$	8,599					$	74,317
Goods/services transferred over time			10,747						34,888						8,983						11,868						8,704						75,190
			$	37,976					$	46,072					$	29,367					$	18,789					$	17,303					$	149,507

			Nine Months Ended January 25, 2025
			Commercial						Live Events						High School Park and Recreation						Transportation						International						Total
Type of performance obligation
Unique configuration			$	19,129					$	181,541					$	24,888					$	38,810					$	14,500					$	278,868
Limited configuration			79,135						28,161						91,928						19,507						27,436						246,167
Service and other			17,350						22,185						8,628						4,440						6,288						58,891
			$	115,614					$	231,887					$	125,444					$	62,757					$	48,224					$	583,926
Timing of revenue recognition
Goods/services transferred at a point in time			$	87,470					$	37,101					$	92,286					$	22,302					$	30,659					$	269,818
Goods/services transferred over time			28,144						194,786						33,158						40,455						17,565						314,108
			$	115,614					$	231,887					$	125,444					$	62,757					$	48,224					$	583,926

			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

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

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

			January 25, 2025						April 27, 2024						Dollar Change						Percent Change
Contract assets			$	39,867					$	55,800					$	(15,933)					(28.6)		%
Contract liabilities - current			65,977						65,524						453						0.7
Contract liabilities - noncurrent			18,056						16,342						1,714						10.5

The changes in our contract assets and contract liabilities from April 27, 2024 to January 25, 2025 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 nine months ended January 25, 2025.

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 for the nine months ended January 25, 2025 were as follows:

			January 25, 2025
Balance as of April 27, 2024			$	32,159
New contracts sold			41,295
Less: reductions for revenue recognized			(37,687)
Foreign currency translation and other			(91)
Balance as of January 25, 2025			$	35,676

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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