Revenue

3 Months Ended

Mar. 30, 2024

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
	March 30,		April 1,
	2024		2023
Point-in-time	$	213,850	$	186,374
Over-time		14,996		12,791
Total revenue	$	228,846	$	199,165

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 March 30, 2024 and December 30, 2023, the Company carried a long-term deferred revenue balance of $2,529 and $2,462, respectively, in “Other non-current liabilities” on the Condensed Consolidated Balance Sheets.

Changes in deferred revenue were as follows:

	Three Months Ended
	March 30,			April 1,
	2024			2023
Balance, beginning of the period	$	27,225		$	33,014
Deferral of revenue		17,303			16,077
Recognition of current year deferred revenue		(6,123	)		(10,037	)
Recognition of prior period deferred revenue		(9,526	)		(8,671	)
Balance, end of the period	$	28,879		$	30,383