REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 25, 2022

REVENUE RECOGNITION

Schedule of Disaggregation of revenue

The following table presents our net sales disaggregated by revenue source (in thousands):

	Three Months Ended					Six Months Ended
	June 25,		June 26,			June 25,		June 26,
	2022		2021		% Change	2022		2021		% Change
Point in Time Revenue	$	2,850,409	$	2,669,159	6.8%	$	5,300,690	$	4,466,558	18.7%
Over Time Revenue		50,465		31,382	60.8%		89,497		58,987	51.7%
Total Net Sales		2,900,874		2,700,541	7.4%	$	5,390,187	$	4,525,545	19.1%

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):

	June 25,		December 25,		June 26,
	2022		2021		2021
Cost and Earnings in Excess of Billings	$	6,413	$	5,602	$	4,201
Billings in Excess of Cost and Earnings		10,046		10,744		8,239