Revenue

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Revenue

9.Revenue

The following table represents a disaggregation of revenue by timing of revenue:

	Year Ended
	December 31, 2022		January 1, 2022
Point-in-time	$	958,409	$	749,276
Over-time		46,773		39,623
Total revenue	$	1,005,183	$	788,899

See Note 14 of the Notes to the Consolidated Financial Statements for additional discussion of the Company’s disaggregated revenue in detail.

Contract Liabilities

The Company records contract liabilities when the customer has been billed in advance of the Company completing its performance obligations primarily related to service contracts and installation. For contracts that have a duration of one year or less, these amounts are recorded as current deferred revenue in the Consolidated Balance Sheets. As of December 31, 2022 and January 1, 2022, the Company carried a long-term deferred revenue balance of $2,852 and $1,693, respectively, in “other non-current liabilities” on the Consolidated Balance Sheets.

Changes in deferred revenue were as follows:

	Year Ended
	December 31, 2022			January 1, 2022
Balance, beginning of the period	$	31,672		$	15,627
Deferred revenue assumed from Inspectrology acquisition		—			386
Deferral of revenue		81,772			69,656
Recognition of deferred revenue		(80,430	)		(53,997	)
Balance, ending of the period	$	33,014		$	31,672