Revenue

6 Months Ended

Jul. 02, 2022

Revenue From Contract With Customer [Abstract]

Revenue

NOTE 9. Revenue

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

	Three Months Ended				Six Months Ended
	July 2,		June 26,		July 2,		June 26,
	2022		2021		2022		2021
Point-in-time	$	244,466	$	182,133	$	474,436	$	343,294
Over-time		11,844		11,254		23,224		19,372
Total revenue	$	256,310	$	193,387	$	497,660	$	362,666

See Note 15 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 Condensed Consolidated Balance Sheets.  As of July 2, 2022 and January 1, 2022, the Company carried a long-term deferred revenue balance of $2,310 and $1,693, 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 2,			June 26,			July 2,			June 26,
	2022			2021			2022			2021
Balance, beginning of the period	$	38,599		$	22,429		$	31,672		$	15,626
Deferred revenue assumed in acquisition		—			—			—			386
Deferral of revenue		21,557			15,117			45,057			34,348
Recognition of deferred revenue		(25,725	)		(14,640	)		(42,298	)		(27,454	)
Balance, end of the period	$	34,431		$	22,906		$	34,431		$	22,906