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Revenue | 3 Months Ended
--- | ---
Mar. 29, 2020
Revenue from Contract with Customer [Abstract] |
Revenue | Revenue The Company recognizes revenue when it satisfies a performance obligation by transferring control of a good or service to a customer. Revenue is measured based on the consideration that the Company expects to be entitled to in exchange for the goods or services transferred. Taxes that are collected from a customer concurrent with revenue-producing activities are excluded from revenue. Disaggregated revenue by major source was as follows (in thousands):
|  |  |  |  | Three months ended |  |
|  |  |  |  | March 29, 2020 |  | March 31, 2019
Motorcycles and Related Products Revenue: |  |  |  |  |  |  |
Motorcycles |  |  |  |  | $ | 899,365 |  |  | $ | 964,575 |
Parts & accessories |  |  |  |  | 134,685 |  |  | 159,703 |
General merchandise |  |  |  |  | 49,160 |  |  | 55,401 |
Licensing |  |  |  |  | 8,029 |  |  | 8,577 |
Other |  |  |  |  | 8,549 |  |  | 7,381 |
|  |  |  |  | 1,099,788 |  |  | 1,195,637 |
Financial Services Revenue: |  |  |  |  |  |  |
Interest income |  |  |  |  | 170,001 |  |  | 159,804 |
Other |  |  |  |  | 28,455 |  |  | 28,939 |
|  |  |  |  | 198,456 |  |  | 188,743 |
|  |  |  |  | $ | 1,298,244 |  |  | $ | 1,384,380 |
The Company maintains certain deferred revenue balances related to payments received at contract inception in advance of the Company’s performance under the contract and generally relates to the sale of Harley Owners Group® memberships and extended service plan contracts. Deferred revenue is recognized as revenue as the Company performs under the contract. Deferred revenue, included in Accrued liabilities and Other long-term liabilities on the Consolidated balance sheets, was as follows (in thousands):
| March 29, 2020 |  |  |  | March 31, 2019
Balance, beginning of period | $ | 29,745 |  |  |  |  | $ | 29,055 |
Balance, end of period | 29,434 |  |  |  |  | 30,228 |
Previously deferred revenue recognized as revenue in the three months ended March 29, 2020 and March 31, 2019 was $6.9 million and $6.1 million, respectively. The Company expects to recognize approximately $15.4 million of the remaining unearned revenue over the next 12 months and $14.0 million thereafter.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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