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REVENUE RECOGNITION (Tables)
3 Months Ended
Mar. 30, 2019
REVENUE RECOGNITION  
Schedule of Disaggregation of revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

    

March 30,

    

March 31,

    

 

Market Classification

 

2019

 

2018

 

% Change

FOB Shipping Point Revenue

 

$

996,823

 

$

981,691

 

1.5%

Construction Contract Revenue

 

 

34,782

 

 

29,976

 

16.0%

Total Gross Sales

 

 

1,031,605

 

 

1,011,667

 

2.0%

Sales Allowances

 

 

(16,480)

 

 

(17,810)

 

-7.5%

Total Net Sales

 

$

1,015,125

 

$

993,857

 

2.1%

 

Schedule of percentage-of-completion balances

The following table presents the balances of over time accounting accounts which are included in “Other current assets” and “Accrued liabilities: Other”, respectively (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

March 30,

 

December 29,

 

March 31,

 

 

    

2019

    

2018

    

2018

    

Cost and Earnings in Excess of Billings

 

$

7,880

    

$

6,945

    

$

2,517

    

Billings in Excess of Cost and Earnings

 

 

5,020

 

 

3,245

 

 

3,386