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Revenues
3 Months Ended
Mar. 28, 2020
Revenue from Contract with Customer [Abstract]  
Revenues
Revenues
Revenue Recognition

The following table disaggregates net revenue by geographic region from contracts with customers based on net revenues generated by subsidiaries within that geographic location (in thousands):

 
Fiscal quarter ended 
 March 28, 2020
 
Fiscal quarter ended 
 March 30, 2019
 
Foil Technology
Products
 
Force
Sensors
 
Weighing and
Control Systems
 
Total
 
Foil Technology
Products
 
Force
Sensors
 
Weighing and
Control Systems
 
Total
United States
$
11,934

 
$
8,392

 
$
8,889

 
$
29,215

 
$
16,909

 
$
8,052

 
$
5,033

 
$
29,994

United Kingdom
950

 
1,980

 
3,712

 
6,642

 
841

 
3,177

 
4,344

 
8,362

Other Europe
7,713

 
2,374

 
3,744

 
13,831

 
8,103

 
3,024

 
4,542

 
15,669

Israel
2,955

 
97

 

 
3,052

 
2,979

 
119

 

 
3,098

Asia
6,925

 
1,852

 
1,671

 
10,448

 
8,217

 
2,360

 
2,574

 
13,151

Canada

 

 
4,508

 
4,508

 

 

 
6,251

 
6,251

Total
$
30,477

 
$
14,695

 
$
22,524

 
$
67,696

 
$
37,049

 
$
16,732

 
$
22,744

 
$
76,525



The following table disaggregates net revenue from contracts with customers by market sector (in thousands). The Company revised its market sector categories beginning in 2020. Prior year data has been reclassified to reflect the current market sectors.
 
Fiscal quarter ended
 
March 28, 2020
 
March 30, 2019
Test & Measurement
$
14,345

 
$
17,621

Avionics, Military & Space
6,160

 
8,115

Transportation
8,244

 
9,619

Other Markets
13,128

 
12,924

Industrial Weighing
12,467

 
14,437

General Industrial
4,039

 
5,622

Steel
9,313

 
8,187

Total
$
67,696

 
$
76,525



Contract Assets & Liabilities

Contract assets are established when revenues are recognized prior to a contractual payment due from the customer. When a payment becomes due based on the contract terms, the Company will reduce the contract asset and record a receivable. Contract liabilities are deferred revenues that are recorded when cash payments are received or due in advance of our performance obligations. Our payment terms vary by the type and location of the products offered. The term between invoicing and when payment is due is not significant.

The outstanding contract assets and liability accounts were as follows (in thousands):
 
Contract Asset
 
Contract Liability
 
Unbilled Revenue
 
Accrued Customer Advances
Balance at December 31, 2019
$
3,937

 
$
4,561

Balance at March 28, 2020
4,218

 
5,908

Increase
$
281

 
$
1,347



The amount of revenue recognized during the three fiscal months ended March 28, 2020 that was included in the contract liability balance at December 31, 2019 was $2.3 million.

Practical Expedients

The Company does not disclose the value of unsatisfied performance obligations for contracts that have a duration of one year or less and for contracts that are substantially complete. The Company treats shipping and handling activities as fulfillment costs.