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Revenue from Contracts with Customers (Tables)
9 Months Ended
Dec. 29, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of revenue from business segments of customers

Comparative information of the Company’s overall revenues for the three and nine-month periods ended December 29, 2018 and December 30, 2017 are as follows:

 

Principal End Markets:

 

   

Three Months Ended

 
   

December 29, 2018

   

December 30, 2017 

 
   

Aerospace 

   

Industrial

   

Total

   

Aerospace

   

Industrial 

   

Total 

 
Plain   $ 58,733     $ 20,573     $ 79,306     $ 51,281     $ 18,483     $ 69,764  
Roller     17,763       17,078       34,841       16,884       15,601       32,485  
Ball     5,513       11,207       16,720       5,043       11,453       16,496  
Engineered Products     23,670       16,916       40,586       31,739       16,374       48,113  
    $ 105,679     $ 65,774     $ 171,453     $ 104,947     $ 61,911     $ 166,858  

 

  

 

Nine Months Ended 

   

December 29, 2018

    December 30, 2017   
   

Aerospace 

    Industrial      Total     

Aerospace 

   

Industrial 

    Total   
Plain   $ 172,938     $ 62,373     $ 235,311     $ 160,642     $ 54,167     $ 214,809  
Roller     52,805       54,906       107,711       47,974       48,241       96,215  
Ball     14,534       38,298       52,832       12,445       36,311       48,756  
Engineered Products     76,403       48,097       124,500       89,337       45,955       135,292  
    $ 316,680     $ 203,674     $ 520,354     $ 310,398     $ 184,674     $ 495,072  

Schedule of contract assets and contract liabilities

The tables below represent a roll-forward of contract assets and contract liabilities for the nine-month period ended December 29, 2018:

 

Contract Assets - Current (1)        
         
Balance at April 1, 2018   $ 1,323  
Additional revenue recognized in excess of billings     2,840  
Less: amounts billed to customers     (1,714 )
Balance at December 29, 2018   $ 2,449  

 

(1) Included within prepaid expenses and other current assets on the consolidated balance sheet.

 

Contract Liabilities – Current (2)        
         
Balance at April 1, 2018   $ 14,450  
Payments received prior to revenue being recognized     10,580  
Revenue recognized on beginning balance     (15,083 )
Reclassification to/from noncurrent     87  
Balance at December 29, 2018   $ 10,034  

 

(2) Included within accrued expenses and other current liabilities on the consolidated balance sheet.

 

       

 

Contract Liabilities – Noncurrent (3)        
         
Balance at April 1, 2018   $ 1,254  
Reclassification to/from current     (87 )
Balance at December 29, 2018   $ 1,167  
(3) Included within other non-current liabilities on the consolidated balance sheet.