| Disaggregation of Revenue |
The following table presents our disaggregated revenue by segment: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended August 2, 2025 | | Commercial | | Live Events | | High School Park and Recreation | | Transportation | | International | | Total | | Type of performance obligation | | | | | | | | | | | | | Unique configuration | $ | 8,914 | | | $ | 63,263 | | | $ | 14,897 | | | $ | 9,498 | | | $ | 6,608 | | | $ | 103,180 | | | Limited configuration | 31,242 | | | 9,394 | | | 41,911 | | | 4,390 | | | 8,058 | | | 94,995 | | | Service and other | 6,011 | | | 7,143 | | | 2,539 | | | 2,687 | | | 2,417 | | | 20,798 | | | $ | 46,167 | | | $ | 79,800 | | | $ | 59,347 | | | $ | 16,575 | | | $ | 17,083 | | | $ | 218,972 | | | Timing of revenue recognition | | | | | | | | | | | | | Goods/services transferred at a point in time | $ | 34,069 | | | $ | 11,680 | | | $ | 41,794 | | | $ | 6,141 | | | $ | 8,903 | | | $ | 102,588 | | | Goods/services transferred over time | 12,098 | | | 68,120 | | | 17,553 | | | 10,434 | | | 8,180 | | | 116,385 | | | $ | 46,167 | | | $ | 79,800 | | | $ | 59,347 | | | $ | 16,575 | | | $ | 17,083 | | | $ | 218,972 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended July 27, 2024 | | Commercial | | Live Events | | High School Park and Recreation | | Transportation | | International | | Total | | Type of performance obligation | | | | | | | | | | | | | Unique configuration | $ | 2,262 | | | $ | 94,318 | | | $ | 10,634 | | | $ | 14,536 | | | $ | 2,614 | | | $ | 124,364 | | | Limited configuration | 26,300 | | | 8,294 | | | 35,148 | | | 6,609 | | | 8,072 | | | 84,423 | | | Service and other | 5,637 | | | 5,996 | | | 2,224 | | | 1,345 | | | 2,099 | | | 17,301 | | | $ | 34,199 | | | $ | 108,608 | | | $ | 48,006 | | | $ | 22,490 | | | $ | 12,785 | | | $ | 226,088 | | | Timing of revenue recognition | | | | | | | | | | | | | Goods/services transferred at a point in time | $ | 29,513 | | | $ | 10,750 | | | $ | 35,379 | | | $ | 7,561 | | | $ | 9,141 | | | $ | 92,344 | | | Goods/services transferred over time | 4,686 | | | 97,858 | | | 12,627 | | | 14,929 | | | 3,644 | | | 133,744 | | | $ | 34,199 | | | $ | 108,608 | | | $ | 48,006 | | | $ | 22,490 | | | $ | 12,785 | | | $ | 226,088 | |
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| Contract with Customer, Contract Asset, Contract Liability, and Receivable |
The following table summarizes the changes in our contract assets and contract liabilities for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | | August 2,
2025 | | April 26,
2025 | | Dollar
Change | | Percent
Change | | Contract assets | $ | 41,879 | | | $ | 41,169 | | | $ | 710 | | | 1.7 | % | | Contract liabilities - current | 83,408 | | | 69,050 | | | 14,358 | | | 20.8 | | | Contract liabilities - noncurrent | 18,497 | | | 18,421 | | | 76 | | | 0.4 | |
The changes in our contract assets and contract liabilities from April 26, 2025 to August 2, 2025 were primarily driven by the timing of billing schedules and revenue recognition. These fluctuations are influenced by the contractual payment terms and the seasonal nature of the sports markets.
No significant impairments of contract assets were identified during the three months ended August 2, 2025.
For service-type warranty contracts, revenue is allocated to the related performance obligation and recognized over time, while associated costs are recognized as incurred. Earned and unearned revenues related to these contracts are reported within the “Contract assets” and “Contract liabilities” line items in our Condensed Consolidated Balance Sheets.
The following table summarizes the changes in unearned service-type warranty contracts, net, for the three months ended August 2, 2025: | | | | | | | August 2,
2025 | | Balance as of April 26, 2025 | $ | 35,129 | | | New contracts sold | 14,020 | | | Less: reductions for revenue recognized | (13,293) | | | Foreign currency translation and other | 1,169 | | | Balance as of August 2, 2025 | $ | 37,025 | |
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