Revenue (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The following table presents the Company’s revenue disaggregated by sales recorded over-time and sales recorded at a point in time (in thousands):

	Three Months Ended March 31,
	2022		2021
Over-time revenue	$	208,071	$	117,850
Point in time revenue	92,515		130,390
Total revenue	$	300,586	$	248,240

Contract assets consisting of unbilled receivables are recorded within accounts receivable on the condensed consolidated balance sheets on a contract-by-contract basis at the end of the reporting period and consisted of the following (in thousands):

	March 31, 2022		December 31, 2021
Unbilled receivables	$	135,997	$	111,224

Contract liabilities consisting of deferred revenue recorded on a contract-by-contract basis at the end of each reporting period were as follows (in thousands):

	March 31, 2022		December 31, 2021
Deferred revenue	$	121,624	$	99,575