Revenue Recognition (Tables)

3 Months Ended

Mar. 30, 2019

Disaggregation of Revenue [Table Text Block]

Disaggregation of Revenue

We disaggregate our net sales by reportable operating segment and geographical location as we believe it best depicts how the nature, timing and uncertainty of our net sales and cash flows are affected by economic factors. In general, the Commercial Foodservice Equipment and Residential Foodservice Equipment Groups recognize revenue at the point in time control transfers to their customers based on contractual shipping terms. Revenue from equipment sold under our long-term contracts within the Food Processing Equipment group is recognized over time as the equipment is manufactured and assembled. The following table summarizes our net sales by reportable operating segment and geographical location (in thousands):



	Commercial Foodservice		Food Processing		Residential Kitchen		Total
Three Months Ended March 30, 2019
United States and Canada	$	300,275	$	57,589	$	83,358	$	441,222
Asia	48,293		8,682		1,398		58,373
Europe and Middle East	89,896		20,618		50,615		161,129
Latin America	19,067		5,585		1,426		26,078
Total	$	457,531	$	92,474	$	136,797	$	686,802

Three Months Ended March 31, 2018
United States and Canada	$	255,113	$	66,935	$	78,560	$	400,608
Asia	29,032		5,712		1,519		36,263
Europe and Middle East	66,611		8,732		55,055		130,398
Latin America	9,148		7,193		1,190		17,531
Total	$	359,904	$	88,572	$	136,324	$	584,800

Contract with Customer, Asset and Liability [Table Text Block]

The following table provides information about contract assets and contract liabilities from contracts with customers (in thousands):



	Mar 30, 2019		Dec 29, 2018
Contract assets	$	17,484	$	14,048
Contract liabilities	$	58,475	$	57,913
Non-current contract liabilities	$	13,361	$	12,170