Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 29, 2018

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Revenue from contracts with customers disaggregated by sales channel and by segment is as follows (in thousands):

		Three Months Ended				Nine Months Ended
	Segment	September 29, 2018		September 30, 2017		September 29, 2018		September 30, 2017
Supplies-driven channel	Office Furniture	$	265,971	$	238,542	$	680,656	$	620,602
Contract channel	Office Furniture	205,716		226,770		595,824		611,135
Hearth	Hearth Products	139,433		134,143		383,323		359,870
Net sales		$	611,120	$	599,455	$	1,659,803	$	1,591,607

Contract with Customer, Asset and Liability

Contract assets and contract liabilities were as follows (in thousands):

	September 29, 2018		December 30, 2017
Trade receivables (1)	$	257,191	$	260,455
Contract assets (current) (2)	$	483	$	300
Contract assets (long-term) (3)	$	3,905	$	2,350
Contract liabilities (4)	$	53,495	$	54,527

The index below indicates the line item in the Condensed Consolidated Balance Sheets where contract assets and contract liabilities are reported:

(1)     "Receivables"

(2)     "Prepaid expenses and other current assets"

(3)     "Other Assets"

(4)     "Accounts payable and accrued expenses"

Changes in contract asset and contract liability balances during the nine months ended September 29, 2018 were as follows (in thousands):

	Contract assets increase (decrease)			Contract liabilities (increase) decrease
Contract assets recognized	$	2,100		$	—
Reclassification of contract assets to contra revenue	(362		)	—
Contract liabilities recognized and recorded to contra revenue as a result of performance obligations satisfied	—			(87,674		)
Contract liabilities paid	—			86,329
Cash received in advance and not recognized as revenue	—			(43,878		)
Reclassification of cash received in advance to revenue as a result of performance obligations satisfied	—			46,178
Impact of business combination	—			77
Net change	$	1,738		$	1,032