REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 27, 2020

REVENUE RECOGNITION

Schedule of Disaggregation of revenue

	Three Months Ended					Six Months Ended
(in thousands)	June 27,		June 29,			June 27,		June 29,
Market Classification	2020		2019		% Change	2020		2019		% Change
FOB Shipping Point Revenue	$	1,241,167	$	1,220,844	1.7%	$	2,259,073	$	2,217,667	1.9%
Construction Contract Revenue		32,342		43,663	-25.9%		65,142		78,445	-17.0%
Total Gross Sales		1,273,509		1,264,507	0.7%		2,324,215		2,296,112	1.2%
Sales Allowances		(31,508)		(24,690)	27.6%		(50,152)		(41,169)	21.8%
Total Net Sales	$	1,242,001	$	1,239,817	0.2%	$	2,274,063	$	2,254,943	0.8%

Schedule of percentage-of-completion balances

The following table presents the balances of over time accounting accounts which are included in “Other current assets” and “Accrued liabilities: Other”, respectively (in thousands):

	June 27,		December 28,		June 29,
	2020		2019		2019
Cost and Earnings in Excess of Billings	$	4,377	$	4,690	$	6,309
Billings in Excess of Cost and Earnings		10,658		6,622		5,222