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Deferred Revenue
9 Months Ended
Dec. 29, 2018
Deferred Revenue Disclosure [Abstract]  
Deferred Revenue
8. Deferred Revenue
Generally, revenue is recognized upon satisfaction of performance obligations, which includes fulfillment of acceptance criteria at the Company's factory and transfer of risk of loss and title. Revenue is deferred whenever title transfer is pending, risk of loss has not transferred, and/or acceptance criteria have not yet been fulfilled. Deferred revenue arises from, among other factors, sales to Japanese customers, shipments of substantially new products and shipments with custom specifications and other acceptance criteria where the Company cannot demonstrate a track record of acceptance. For sales involving multiple performance obligations, the stand-alone selling price of any undelivered performance obligation, is deferred until the performance obligations are delivered and acceptance criteria are met. Revenue related to maintenance and service contracts is deferred and recognized ratably over the duration of the contracts.
The following is a reconciliation of the changes in deferred revenue:
 
Fiscal quarter ended
 
Three fiscal quarters ended
(In thousands)
Dec 29, 2018
 
Dec 30, 2017
 
Dec 29, 2018
 
Dec 30, 2017
Deferred revenue, beginning
$
8,551

 
$
16,369

 
$
10,514

 
$
15,397

Revenue deferred
9,982

 
20,009

 
38,266

 
66,661

Revenue recognized
(9,628
)
 
(23,991
)
 
(39,875
)
 
(69,671
)
Deferred revenue, ending
$
8,905

 
$
12,387

 
$
8,905

 
$
12,387

Of the total of $8.9 million and $12.4 million of deferred revenue at December 29, 2018 and December 30, 2017, $0.1 million and $0.4 million were non-current and were included in Other Liabilities on the Condensed Consolidated Balance Sheets. For the third quarter of fiscal 2019 and the first three quarters of fiscal 2019, revenue recognized that was included in the opening deferred revenue balance was $3.9 million and $8.4 million, respectively. For the third quarter of fiscal 2019 and the first three quarters of fiscal 2019, $0.6 million and $2.1 million of the beginning customer deposit balance was utilized in each of the periods, respectively. Customer deposits are included as a component of Accrued liabilities on our balance sheet (see Note 6: Accrued Liabilities). The amount of revenue recognized from performance obligations satisfied in prior periods was not material.