Revenue Recognition (Tables)

9 Months Ended

Sep. 29, 2019

Revenue from Contract with Customer [Abstract]

Receivables, contracts assets and liabilities from contracts with customers

The following table sets forth information about receivables, contract assets, and liabilities from contracts with customers. Contract assets and liabilities are reported in "Other receivables" and "Accrued expenses and other," respectively, on the Condensed Consolidated Balance Sheets.

	September 29, 2019		December 31, 2018
Contract Assets	$	51,287	$	48,786
Contract Liabilities	$	(18,469)	$	(18,533)

Significant changes in the contract assets and liabilities balances during the period were as follows:

	September 29, 2019				December 31, 2018
	Contract Asset		Contract Liability		Contract Asset		Contract Liability
Beginning Balance	$	48,786	$	(18,533)	$	45,877	$	(17,736)
Revenue deferred or rebates accrued	—		(21,812)		—		(19,730)
Recognized as revenue			5,350				1,652
Rebates paid to customers	—		16,526		—		17,281
Increases due to rights to consideration for customer specific goods produced, but not billed during the period	51,287		—		48,786		—
Transferred to receivables from contract assets recognized at the beginning of the period	(48,786)		—		(45,877)		—
Ending Balance	$	51,287	$	(18,469)	$	48,786	$	(18,533)

Disaggregation of revenue

The following tables set forth information about revenue disaggregated by primary geographic regions, and timing of revenue recognition for the three-month periods ended September 29, 2019 and September 30, 2018. The tables also include a reconciliation of disaggregated revenue with reportable segments.

Three months ended September 29, 2019	Consumer Packaging		Display and Packaging		Paper and Industrial Converted Products		Protective Solutions		Total
Primary Geographical Markets:
United States	$	415,567	$	59,688	$	279,908	$	104,082	$	859,245
Europe	99,276		83,888		83,421		6,456		273,041
Canada	26,567		—		26,960		—		53,527
Asia Pacific	17,714		—		71,313		496		89,523
Other	22,244		1,440		34,227		20,684		78,595
Total	$	581,368	$	145,016	$	495,829	$	131,718	$	1,353,931
Timing of Revenue Recognition:
Products transferred at a point in time	$	354,070	$	69,751	$	479,914	$	110,594	$	1,014,329
Products transferred over time	227,298		75,265		15,915		21,124		339,602
Total	$	581,368	$	145,016	$	495,829	$	131,718	$	1,353,931

Three months ended September 30, 2018	Consumer Packaging		Display and Packaging		Paper and Industrial Converted Products		Protective Solutions		Total
Primary Geographical Markets:
United States	$	431,217	$	80,696	$	274,965	$	107,493	$	894,371
Europe	101,848		82,906		84,313		6,721		275,788
Canada	29,427		—		33,233		—		62,660
Asia Pacific	17,863		—		35,617		781		54,261
Other	19,799		1,562		35,620		20,701		77,682
Total	$	600,154	$	165,164	$	463,748	$	135,696	$	1,364,762
Timing of Revenue Recognition1:
Products transferred at a point in time	$	358,233	$	79,239	$	438,599	$	117,608	$	993,679
Products transferred over time	241,921		85,925		25,149		18,088		371,083
Total	$	600,154	$	165,164	$	463,748	$	135,696	$	1,364,762

The following tables set forth information about revenue disaggregated by primary geographic regions, and timing of revenue recognition for the nine-month periods ended September 29, 2019 and September 30, 2018. The tables also include a reconciliation of disaggregated revenue with reportable segments.

Nine months ended September 29, 2019	Consumer Packaging		Display and Packaging		Paper and Industrial Converted Products		Protective Solutions		Total
Primary Geographical Markets:
United States	$	1,268,863	$	187,347	$	817,364	$	309,318	$	2,582,892
Europe	306,495		225,695		262,084		17,918		812,192
Canada	82,706		—		89,696		—		172,402
Asia	51,072		—		209,961		1,932		262,965
Other	64,698		4,361		104,089		61,758		234,906
Total	$	1,773,834	$	417,403	$	1,483,194	$	390,926	$	4,065,357
Timing of Revenue Recognition:
Products transferred at a point in time	$	1,025,890	$	198,577	$	1,431,757	$	329,699	$	2,985,923
Products transferred over time	747,944		218,826		51,437		61,227		1,079,434
Total	$	1,773,834	$	417,403	$	1,483,194	$	390,926	$	4,065,357

Nine months ended September 30, 2018	Consumer Packaging		Display and Packaging		Paper and Industrial Converted Products		Protective Solutions		Total
Primary Geographical Markets:
United States	$	1,275,775	$	223,760	$	820,429	$	313,343	$	2,633,307
Europe	310,864		221,228		267,566		20,325		819,983
Canada	87,729		—		99,868		—		187,597
Asia	51,067		—		106,615		2,671		160,353
Other	60,633		6,094		104,060		63,295		234,082
Total	$	1,786,068	$	451,082	$	1,398,538	$	399,634	$	4,035,322
Timing of Revenue Recognition1:
Products transferred at a point in time	$	1,070,346	$	222,137	$	1,332,266	$	339,043	$	2,963,792
Products transferred over time	715,722		228,945		66,272		60,591		1,071,530
Total	$	1,786,068	$	451,082	$	1,398,538	$	399,634	$	4,035,322

¹ The Company has revised the amounts from those previously reported in 2018 to reflect corrections in the classification of revenue between "Products transferred at a point in time" and "Products transferred over time" for the Consumer Packaging and Display and Packaging reportable segments.

Revised disclosures for the year ended December 31, 2018 are presented below:

	Consumer Packaging						Display and Packaging
	As Originally Reported		Adjustment		As Revised		As Originally Reported		Adjustment		As Revised
Products transferred at a point in time
Year ended December 31, 2018	$	1,440,662	$	(41,837)	$	1,398,825	$	248,034	$	41,837	$	289,871
Products transferred over time
Year ended December 31, 2018	$	919,337	$	41,837	$	961,174	$	344,275	$	(41,837)	$	302,438