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REVENUE (Tables)
9 Months Ended
Apr. 02, 2022
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability
Contract Balances
A contract asset is recognized when the Company has recognized revenue, but has not issued an invoice for payment. Contract assets are classified separately on the condensed consolidated balance sheet and transferred to receivables when the right to payment becomes unconditional. The following table summarizes the activity in the Company’s contract assets during the nine months ended April 2, 2022 (in thousands):
Contract Assets
Beginning balance, July 3, 2021$24,781 
Revenue recognized392,587 
Amounts collected or invoiced(393,925)
Ending balance, April 2, 2022
$23,443 
Disaggregation of Revenue
Disaggregation of Revenue
The following table presents the Company’s revenue disaggregated for the three and nine months ended April 2, 2022 and April 3, 2021 (in thousands):
Revenue
RecognitionThree Months EndedNine Months Ended
April 2, 2022April 3, 2021April 2, 2022April 3, 2021
Over-Time$134,980 $133,124 $392,587 $379,494 
Point-in-Time3,411 1,476 13,022 6,575 
Total$138,391 $134,600 $405,609 $386,069