Company: CRL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001100682-25-000011
Chunk: 157

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 157
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estiture were as follows:December 19, 2022Avian(in thousands)AssetsCurrent assets$30,545 Property, plant, and equipment, net24,602 Operating lease right-of-use assets, net611 Goodwill3,168 Client relationships, net1,629 Other assets10 Total assets$60,565 LiabilitiesCurrent liabilities$8,139 Operating lease right-of-use liabilities331 Long-term liabilities— Total liabilities$8,470 

3. REVENUE FROM CONTRACTS WITH CUSTOMERS

Disaggregation of RevenueThe following table disaggregates the Company’s revenue by reportable segment and timing of transfer of products or services:Timing of Revenue Recognition:202420232022(in thousands)RMSServices and products transferred over time$380,899 $377,947 $340,708 Services and products transferred at a point in time448,478 414,396 398,467 Total RMS revenue829,377 792,343 739,175 DSAServices and products transferred over time2,446,751 2,611,564 2,440,646 Services and products transferred at a point in time4,529 4,059 6,670 Total DSA revenue2,451,280 2,615,623 2,447,316 ManufacturingServices and products transferred over time407,474 381,942 371,500 Services and products transferred at a point in time361,858 339,501 418,069 Total Manufacturing revenue769,332 721,443 789,569 Total revenue$4,049,989 $4,129,409 $3,976,060 

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CHARLES RIVER LABORATORIES INTERNATIONAL, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

Contract Balances from Contracts with CustomersThe following table provides information about client receivables, contract assets, and contract liabilities from contracts with customers:December 28, 2024December 30, 2023(in thousands)Assets from contracts with customersClient receivables$527,705 $578,077 Unbilled revenue211,511 228,020 Total739,216 806,097 Less: Allowance for credit losses(18,301)(25,722)Trade receivables and contract assets, net$720,915 $780,375