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Revenue (Tables)
9 Months Ended
Jun. 27, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
We disaggregate our revenue by reportable segment, sales type (product or service), timing of recognition of revenue for transfer of goods or services to customers (point-in-time or over time), and geographic market based on the billing location of the customer. See Note 14 for further information on our reportable segments and intersegment revenue.
 
 
Three Months Ended
 
 
June 27, 2020
 
June 29, 2019
 
 
Test & Simulation
 
Sensors
 
Intersegment
 
Total
 
Test & Simulation
 
Sensors
 
Intersegment
 
Total
Sales type
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
96,870

 
$
78,739

 
$
(386
)
 
$
175,223

 
$
123,573

 
$
82,305

 
$
(350
)
 
$
205,528

Service
 
19,534

 
1,483

 
(15
)
 
21,002

 
24,755

 
1,926

 

 
26,681

Total revenue
 
$
116,404

 
$
80,222

 
$
(401
)
 
$
196,225

 
$
148,328

 
$
84,231

 
$
(350
)
 
$
232,209

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Timing of recognition
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Point-in-time
 
$
60,792

 
$
72,031

 
$
(401
)
 
$
132,422

 
$
95,247

 
$
77,978

 
$
(350
)
 
$
172,875

Over time
 
55,612

 
8,191

 

 
63,803

 
53,081

 
6,253

 

 
59,334

Total revenue
 
$
116,404

 
$
80,222

 
$
(401
)
 
$
196,225

 
$
148,328

 
$
84,231

 
$
(350
)
 
$
232,209

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Geographic market
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Americas
 
$
32,821

 
$
42,000

 
$
(401
)
 
$
74,420

 
$
47,892

 
$
42,365

 
$
(350
)
 
$
89,907

Europe
 
36,951

 
19,851

 

 
56,802

 
34,137

 
26,994

 

 
61,131

Asia
 
46,632

 
18,371

 

 
65,003

 
66,299

 
14,872

 

 
81,171

Total revenue
 
$
116,404

 
$
80,222

 
$
(401
)
 
$
196,225

 
$
148,328

 
$
84,231

 
$
(350
)
 
$
232,209

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended
 
 
June 27, 2020
 
June 29, 2019
 
 
Test & Simulation
 
Sensors
 
Intersegment
 
Total
 
Test & Simulation
 
Sensors
 
Intersegment
 
Total
Sales type
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
294,654

 
$
243,674

 
$
(1,024
)
 
$
537,304

 
$
348,992

 
$
239,345

 
$
(1,040
)
 
$
587,297

Service
 
67,977

 
8,281

 
(31
)
 
76,227

 
75,928

 
5,211

 

 
81,139

Total revenue
 
$
362,631

 
$
251,955

 
$
(1,055
)
 
$
613,531

 
$
424,920

 
$
244,556

 
$
(1,040
)
 
$
668,436

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Timing of recognition
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Point-in-time
 
$
178,512

 
$
226,730

 
$
(1,055
)
 
$
404,187

 
$
273,226

 
$
231,507

 
$
(1,040
)
 
$
503,693

Over time
 
184,119

 
25,225

 

 
209,344

 
151,694

 
13,049

 

 
164,743

Total revenue
 
$
362,631

 
$
251,955

 
$
(1,055
)
 
$
613,531

 
$
424,920

 
$
244,556

 
$
(1,040
)
 
$
668,436

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Geographic market
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Americas
 
$
110,044

 
$
133,393

 
$
(1,055
)
 
$
242,382

 
$
138,780

 
$
119,069

 
$
(1,040
)
 
$
256,809

Europe
 
104,601

 
68,560

 

 
173,161

 
92,300

 
79,995

 

 
172,295

Asia
 
147,986

 
50,002

 

 
197,988

 
193,840

 
45,492

 

 
239,332

Total revenue
 
$
362,631

 
$
251,955

 
$
(1,055
)
 
$
613,531

 
$
424,920

 
$
244,556

 
$
(1,040
)
 
$
668,436


Contract Assets and Contract Liabilities
Significant changes in contract assets and contract liabilities are as follows:
 
 
Contract Assets
Balance, September 28, 2019
 
$
80,331

Changes in estimated stage of completion
 
94,646

Transfers to accounts receivable, net
 
(88,566
)
Acquisitions1
 
6,107

Other
 
(731
)
Balance, June 27, 2020
 
$
91,787

 
 
 
 
 
Contract Liabilities
Balance, September 28, 2019
 
$
81,045

Revenue recognized included in balance at beginning of period
 
(52,176
)
Increases due to payments received, excluding amounts recognized as revenue during period
 
44,871

Acquisitions1
 
3,182

Other
 
(1,271
)
Balance, June 27, 2020
 
$
75,651


1    See Note 16 for additional information regarding acquisitions.
Contract assets and contract liabilities are as follows:
 
 
June 27,
2020
 
September 28,
2019
Contract assets
 
$
91,787

 
$
80,331

Contract liabilities
 
75,651

 
81,045