Revenue

9 Months Ended

Sep. 28, 2019

Revenue From Contract With Customer [Abstract]

Revenue

Note 4. Revenue

The Company disaggregates its revenue from contracts with customers by geographic location. See Note 15 for further information.

Contract assets and liabilities

Contract assets and liabilities consisted of the following (in thousands):

	September 28, 2019		December 29, 2018
Contract assets	$	6,224	$	2,189
Contract liabilities		8,801		10,743
Net contract liabilities	$	2,577	$	8,554

During the three and nine months ended September 28, 2019 the Company recognized $4.7 million and $7.9 million of revenue related to amounts that had been reported as contract liabilities at December 29, 2018. Net contract liabilities at September 28, 2019 decreased by $6.0 million from December 29, 2018. The Company classifies its contract liabilities as deferred revenue on its condensed consolidated balance sheet.

Most of the Company’s remaining performance obligations on contracts with customers are expected to be recognized as revenue within the next six to twelve months.