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Revenue (Tables)

3 Months Ended

Apr. 28, 2023

Revenue From Contract With Customer [Abstract]

Disaggregated of Revenue by Geographic Location

The Company’s revenue is disaggregated by distribution channel and geographic location. Revenue by distribution channel is presented in Note 13, Segment Reporting. Revenue by geographic location was:

		13 Weeks Ended
(in thousands)		April 28, 2023				April 29, 2022
Net revenue:
United States		$	280,404			$	255,274
Europe			25,877				36,129
Asia (1)			157				8,697
Other			3,120				3,565
Total Net revenue		$	309,558			$	303,665

(1)The 13 weeks ended April 29, 2022 includes Net revenue of $8.5 million from the Japan eCommerce distribution channel. See Note 9, Lands’ End Japan Closing.

Summary of Deferred Revenue

The following table summarizes the deferred revenue associated with payments received in advance of the transfer of control to the customer, which is reported in Accrued expenses and other current liabilities in the Condensed Consolidated Balance Sheets, as well as amounts recognized through Net revenue for each period presented. The majority of deferred revenue as of April 28, 2023 is expected to be recognized in Net revenue in the fiscal quarter ending July 28, 2023, as products are delivered to customers.

		13 Weeks Ended
(in thousands)		April 28, 2023				April 29, 2022
Deferred revenue beginning of period		$	7,484			$	8,560
Deferred revenue recognized in period			(7,270	)			(8,346	)
Revenue deferred in period			5,805				5,860
Deferred revenue end of period		$	6,019			$	6,074

Reconciliation of Gift Card Contract Liability

The following table provides the reconciliation of the contract liability related to gift cards:

		13 Weeks Ended
(in thousands)		April 28, 2023				April 29, 2022
Balance as of beginning of period		$	33,029			$	33,070
Gift cards sold			15,616				14,628
Gift cards redeemed			(13,635	)			(15,468	)
Gift card breakage			(788	)			(215	)
Balance as of end of period		$	34,222			$	32,015

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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