Note 2. Revenue Recognition

Disaggregation of revenue

In accordance with ASC 606-10-50, we disaggregate revenue from contracts with customers by the type of performance obligation and the timing of revenue recognition. We determine that disaggregating revenue in these categories achieves the disclosure objective to depict how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors and to enable users of financial statements to understand the relationship to each reportable segment.

The following table presents our disaggregation of revenue by segments:



	Fiscal Year 2020
	Commercial		Live Events		High School Park and Recreation		Transportation		International		Total
Type of performance obligation
Unique configuration	$	35,212	$	140,044	$	19,176	$	43,519	$	40,454	$	278,405
Limited configuration	102,847		31,897		74,266		24,588		45,626		279,224
Service and other	14,568		24,650		2,972		2,032		7,081		51,303
	$	152,627	$	196,591	$	96,414	$	70,139	$	93,161	$	608,932
Timing of revenue recognition
Goods/services transferred at a point in time	$	105,096	$	39,521	$	68,582	$	25,157	$	47,345	$	285,701
Goods/services transferred over time	47,531		157,070		27,832		44,982		45,816		323,231
	$	152,627	$	196,591	$	96,414	$	70,139	$	93,161	$	608,932

	Fiscal Year 2019
	Commercial		Live Events		High School Park and Recreation		Transportation		International		Total
Type of performance obligation
Unique configuration	$	25,171	$	119,569	$	21,792	$	38,490	$	44,989	$	250,011
Limited configuration	108,921		30,107		66,825		23,799		42,134		271,786
Service and other	14,741		21,276		2,570		2,102		7,218		47,907
	$	148,833	$	170,952	$	91,187	$	64,391	$	94,341	$	569,704
Timing of revenue recognition
Goods/services transferred at a point in time	$	111,617	$	35,313	$	60,763	$	24,500	$	44,758	$	276,951
Goods/services transferred over time	37,216		135,639		30,424		39,891		49,583		292,753
	$	148,833	$	170,952	$	91,187	$	64,391	$	94,341	$	569,704

See "Note 3. Segment Reporting" for a disaggregation of revenue by geography.

Contract balances

Contract assets represent revenue recognized in excess of amounts billed and include unbilled receivables. Unbilled receivables, which represent an unconditional right to payment subject only to the passage of time, are reclassified to accounts receivable when they are billed according to the contract terms. Contract liabilities represent amounts billed to the clients in excess of revenue recognized to date.

The following table reflects the changes in our contract assets and liabilities:



	May 2, 2020		April 27, 2019		Dollar Change		Percent Change
Contract assets	$	35,467	$	33,704	$	1,763	5.2	%
Contract liabilities - current	50,897		47,178		3,719		7.9
Contract liabilities - non-current	10,707		10,053		654		6.5

The changes in our contract assets and contract liabilities from April 27, 2019 to May 2, 2020 were due to the timing of billing schedules and revenue recognition, which can vary significantly depending on the contractual payment terms and the seasonality of the sports markets. We had no material impairments of contract assets for fiscal 2020.

For service-type warranty contracts, we allocate revenue to this performance obligation, recognize the revenue over time, and recognize costs as incurred. Earned and unearned revenues for these contracts are included in the "Contract assets" and "Contract liabilities". Changes in unearned service-type warranty contracts, net were as follows:



	May 2, 2020			April 27, 2019
Balance at beginning of year	$	24,939		$	20,127
New contracts sold	41,169			41,907
Less: reductions for revenue recognized	(41,167		)	(37,241		)
Foreign currency translation and other	(451		)	146
Balance at end of year	$	24,490		$	24,939

As of April 27, 2019, we had six contracts in progress that were identified as loss contracts, for which we recorded a provision for losses of $2,353 and one remaining contract with loss estimates of $42 as of May 2, 2020. These were included in the "Accrued expenses" line item in our consolidated balance sheets.

During fiscal 2020, we recognized revenue of $45,195 related to our contract liabilities as of April 27, 2019.

Remaining performance obligations

As of May 2, 2020, the aggregate amount of the transaction price allocated to the remaining performance obligations was $267,671. We expect approximately $222,963 of our remaining performance obligations to be recognized over the next 12 months, with the remainder recognized thereafter. Remaining performance obligations related to product and service agreements at May 2, 2020 are $211,863 and $55,808, respectively. Although remaining performance obligations reflect business that is considered to be legally binding, cancellations, deferrals or scope adjustments may occur. Any known project cancellations, revisions to project scope and cost, foreign currency exchange fluctuations and project deferrals are reflected or excluded in the remaining performance obligation balance, as appropriate.