Revenue

6 Months Ended

Jul. 01, 2023

Revenue from Contract with Customer [Abstract]

Revenue

NOTE 8. Revenue

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

	Three Months Ended				Six Months Ended
	July 1,		July 2,		July 1,		July 2,
	2023		2022		2023		2022
Point-in-time	$	178,325	$	244,466	$	364,699	$	474,436
Over-time		12,337		11,844		25,128		23,224
Total revenue	$	190,662	$	256,310	$	389,827	$	497,660

See Note 14 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 with respect to liabilities 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 Condensed Consolidated Balance Sheets. As of July 1, 2023 and December 31, 2022, the Company carried a long-term deferred revenue balance of $3,189 and $2,852, respectively, in “Other non-current liabilities” on the Condensed Consolidated Balance Sheets.

Changes in deferred revenue were as follows:

	Three Months Ended						Six Months Ended
	July 1,			July 2,			July 1,			July 2,
	2023			2022			2023			2022
Balance, beginning of the period	$	30,383		$	38,599		$	33,014		$	31,672
Deferral of revenue		18,214			21,557			34,290			45,057
Recognition of deferred revenue		(21,341	)		(25,725	)		(40,048	)		(42,298	)
Balance, end of the period	$	27,256		$	34,431		$	27,256		$	34,431