Revenue From Contracts With Customers

3 Months Ended

Apr. 03, 2020

Revenue from Contract with Customer [Abstract]

Disaggregated Revenue

In general, the Company’s business segmentation is aligned according to the nature and economic characteristics of its products and customer relationships and provides meaningful disaggregation of each business segment’s results of operations. For a summary by disaggregated product line sales for each segment, refer to Note 14, “Segment Information.”

Revenue recognized from products and services transferred to customers over time represented 30% and 14%, respectively, of total revenue for the three months ended April 3, 2020 and March 29, 2019, all of which was within the Medical segment.

The following table presents revenues by significant customers, which are defined as any customer who individually represents 10% or more of a segment’s total revenues.



	Three Months Ended
	April 3, 2020				March 29, 2019
Customer	Medical		Non-Medical		Medical		Non-Medical
Customer A	20	%	*		25	%	*
Customer B	18	%	*		12	%	*
Customer C	16	%	*		19	%	*
Customer D	*		19	%	*		24	%
All other customers	46	%	81	%	44	%	76	%

^__________

* Less than 10% of segment’s total revenues for the period.

The following table presents revenues by significant ship to location, which is defined as any country where 10% or more of a segment’s total revenues are shipped.



	Three Months Ended
	April 3, 2020		March 29, 2019
Ship to Location	Medical	Non-Medical	Medical	Non-Medical
United States	55%	44%	56%	57%
Puerto Rico	12%	*	15%	*
United Kingdom	*	15%
Singapore	*	14%
Canada	*	12%	*	13%
All other countries	33%	15%	29%	30%

^__________

* Less than 10% of segment’s total revenues for the period.

Contract Balances

The opening and closing balances of the Company’s contract assets and contract liabilities are as follows (in thousands):



	April 3, 2020		December 31, 2019
Contract liabilities included in accrued expenses and other current liabilities	$	3,155	$	1,975

During the three months ended April 3, 2020, the Company recognized $0.1 million of revenue that was included in the contract liability balance as of December 31, 2019. During the three months ended March 29, 2019, the Company recognized $0.3 million of revenue that was included in the contract liability balance as of December 28, 2018.