XML 40 R29.htm IDEA: XBRL DOCUMENT v3.19.1
CONTRACT ASSETS AND LIABILITIES (Tables)
 3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Contract Assets and Contract Liabilities [Abstract]    
Contract with Customer, Asset and Liability
Net contract assets (liabilities) consisted of the following:
 
March 30, 2019
 
December 29, 2018
 
$ Change
 
% Change
Contract assets—current
$
2,141,677

 
$
3,089,663

 
$
(947,986
)
 
(31
)%
Contract liabilities—current
(1,189,772
)
 
(388,933
)
 
(800,839
)
 
206
 %
Contract liabilities—noncurrent
(20,142
)
 
(17,294
)
 
(2,848
)
 
17
 %
Net contract assets (liabilities)
$
931,763

 
$
2,683,436

 
$
(1,751,673
)
 
(65
)%
  
Satisfaction of Performance Obligations  
The Company's revenue recognition related to performance obligations that were satisfied at a point in time and over time were as follows:
 
Three months ended
 
March 30, 2019
 
March 31, 2018
Point in time
71
%
 
79
%
Over time
29
%
 
21
%