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Revenue, Receivables and Contract Assets and Liabilities (Tables)
3 Months Ended
May 27, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregated revenue data
The following table disaggregates total revenue by timing of recognition (see Note 12 for disclosure of revenue by segment):
Three Months Ended
(In thousands)May 27, 2023May 28, 2022
Recognized at shipment$152,655 $161,164 
Recognized over time209,058 195,471 
Total$361,713 $356,635 
Net receivables
(In thousands)May 27, 2023February 25, 2023
Trade accounts$139,204 $140,732 
Construction contracts74,685 58,331 
Total receivables213,889 199,063 
Less: allowance for credit losses3,093 1,796 
Receivables, net$210,796 $197,267 
Allowance for Credit Losses
The following table summarizes the activity in the allowance for credit losses for the three-month period ended:
(In thousands)May 27, 2023
Beginning balance$1,796 
Additions charged to costs and expenses1,376 
Deductions from allowance, net of recoveries(82)
Foreign currency effects
Ending balance$3,093 
Performance obligations expected to be satisfied expected to be satisfied, and the corresponding revenue to be recognized, over the following estimated time periods:
(In thousands)May 27, 2023
Within one year
$459,780 
Within two years
262,496 
Beyond two years
81,710 
Total$803,986