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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table presents the Company's revenue disaggregated by major product category and operating and reportable segment (in thousands):
| Operating and Reportable Segments
| Three Months Ended March 31, 2021 |  | Three Months Ended March 31, 2020
| Golf Equipment |  | Apparel, Gear & Other |  | Topgolf |  | Total |  | Golf Equipment |  | Apparel, Gear & Other |  |  |  | Total
Major revenue categories: |  |  |  |  |  |  |  |  |
Golf clubs | $ | 316,353 |  |  | $ | — |  |  | $ | — |  |  | $ | 316,353 |  |  | $ | 251,224 |  |  | $ | — |  |  |  |  | $ | 251,224 |
Golf balls | 60,529 |  |  | — |  |  | — |  |  | 60,529 |  |  | 40,437 |  |  | — |  |  |  |  | 40,437 |
Apparel | — |  |  | 95,289 |  |  | — |  |  | 95,289 |  |  | — |  |  | 77,290 |  |  |  |  | 77,290 |
Gear, accessories & other | — |  |  | 86,813 |  |  | — |  |  | 86,813 |  |  | — |  |  | 73,325 |  |  |  |  | 73,325 |
Venues | — |  |  | — |  |  | 85,170 |  |  | 85,170 |  |  | — |  |  | — |  |  |  |  | — |
Other business lines | — |  |  | — |  |  | 7,467 |  |  | 7,467 |  |  | — |  |  | — |  |  |  |  | — |
| $ | 376,882 |  |  | $ | 182,102 |  |  | $ | 92,637 |  |  | $ | 651,621 |  |  | $ | 291,661 |  |  | $ | 150,615 |  |  |  |  | $ | 442,276 |
The Topgolf segment includes an immaterial amount of golf clubs, golf balls, and apparel sales, which are reflected within product sales within the consolidated condensed statement of operations for the three months ended March 31, 2021. The Apparel, Gear and Other and Topgolf segments include royalty income from licensing agreements of $10,868,000 and $5,545,000 for the three months ended March 31, 2021 and 2020, respectively. As of March 31, 2021 and December 31, 2020, the Company's deferred revenue liability was $70,946,000 and $2,546,000, respectively. The balance as of March 31, 2021 included a deferred revenue liability of $68,093,000 in the Topgolf segment related to gift cards, event deposits, lifetime memberships, prepaid sponsorship, premium membership, the WGT digital golf game, and game credits. Revenue from redeemed gift cards and gift card breakage was $3,306,000 and $525,000 for the three months ended March 31, 2021 and 2020, respectively. Deferred revenue from redeemed event deposits, lifetime memberships, prepaid sponsorship, premium membership, WGT digital golf game, game credits, and the corresponding breakage was $24,740,000 for the three months ended March 31, 2021. The following table summarizes revenue by geographical areas in which the Company operates (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2021 |  | 2020
Revenue by Major Geographic Region: |  |  |  |  |  |  |
United States |  |  |  |  | $ | 388,222 |  |  | $ | 217,503 |
Europe |  |  |  |  | 108,345 |  |  | 96,719 |
Japan |  |  |  |  | 71,886 |  |  | 77,347 |
Rest of World |  |  |  |  | 83,168 |  |  | 50,707 |
|  |  |  |  | $ | 651,621 |  |  | $ | 442,276 |
Sales Returns and Allowances | The following table provides a reconciliation of the activity related to the Company’s sales return reserve (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2021 |  | 2020
Beginning balance |  |  |  |  | $ | 43,986 |  |  | $ | 34,314 |
Provision |  |  |  |  | 35,890 |  |  | 35,636 |
Sales returns |  |  |  |  | (19,092) |  |  | (18,958) |
Ending balance |  |  |  |  | $ | 60,784 |  |  | $ | 50,992 |
Schedule of reconciliation of the activity related to the Company’s allowance for estimated credit losses | The following table provides a reconciliation of the activity related to the Company’s allowance for estimated credit losses (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2021 |  | 2020
Beginning balance |  |  |  |  | $ | 8,841 |  |  | $ | 5,992 |
Adjustment due to the adoption of Topic 326 |  |  |  |  | — |  |  | 289 |
(Recovery)/provision for credit losses |  |  |  |  | (378) |  |  | 13 |
Write-off of uncollectible amounts, net of recoveries |  |  |  |  | (1,662) |  |  | (154) |
Ending balance |  |  |  |  | $ | 6,801 |  |  | $ | 6,140 |

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