XML 26 R24.htm IDEA: XBRL DOCUMENT

Revenue from Contracts with Customers (Tables)

9 Months Ended

Dec. 28, 2019

Revenue from Contract with Customer [Abstract]

Schedule of revenue from business segments of customers

Schedule of revenue from business segments of customers
		Three Months Ended
		December 28, 2019												December 29, 2018
		Aerospace				Industrial				Total				Aerospace				Industrial				Total
Plain		$	67,753			$	19,123			$	86,876			$	58,733			$	20,573			$	79,306
Roller			17,332				14,497				31,829				17,763				17,078				34,841
Ball			6,103				12,372				18,475				5,513				11,207				16,720
Engineered Products			24,958				14,881				39,839				23,670				16,916				40,586
		$	116,146			$	60,873			$	177,019			$	105,679			$	65,774			$	171,453

		Nine Months Ended
		December 28, 2019												December 29, 2018
		Aerospace				Industrial				Total				Aerospace				Industrial				Total
Plain		$	205,346			$	59,026			$	264,372			$	172,938			$	62,373			$	235,311
Roller			54,288				46,985				101,273				52,805				54,906				107,711
Ball			16,619				36,990				53,609				14,534				38,298				52,832
Engineered Products			73,596				48,768				122,364				76,403				48,097				124,500
		$	349,849			$	191,769			$	541,618			$	316,680			$	203,674			$	520,354

Schedule of contract assets and contract liabilities

Schedule of contract assets and contract liabilities		Contract Assets - Current ⁽¹⁾
Contract Assets - Current ⁽¹⁾

Balance at March 30, 2019		$	1,895
Additional revenue recognized in excess of billings			3,298
Less: amounts billed to customers			(2,661	)
Balance at December 28, 2019		$	2,532

⁽¹⁾

Included within prepaid expenses and other current assets on the consolidated balance sheets.

		Contract Liabilities – Current ⁽²⁾
Contract Liabilities – Current ⁽²⁾

Balance at March 30, 2019		$	10,121
Payments received prior to revenue being recognized			9,223
Revenue recognized			(13,143	)
Reclassification (to)/from noncurrent			(482	)
Balance at December 28, 2019		$	5,719

⁽²⁾ Included within accrued expenses and other current liabilities on the consolidated balance sheets. During the first nine months of fiscal 2020, the Company recognized revenues of $7,319 that were included in the contract liability balance at March 30, 2019.

⁽²⁾ Included within accrued expenses and other current liabilities on the consolidated balance sheets. During the first nine months of fiscal 2020, the Company recognized revenues of $7,319 that were included in the contract liability balance at March 30, 2019.

		Contract Liabilities – Noncurrent ⁽³⁾
Contract Liabilities – Noncurrent ⁽³⁾

Balance at March 30, 2019		$	587
Payments received prior to revenue being recognized			454
Reclassification (to)/from current			482
Balance at December 28, 2019		$	1,523

⁽³⁾

Included within other non-current liabilities on the consolidated balance sheets.